Electrical Insulation Materials Market is projected to reach USD 9.58 billion by 2021, registering a CAGR of 5.82% from 2016. Increasing augmentation and modernization of transmission & distribution network have led to the development of new insulating materials. The high global demand for electricity drives the electrical insulation materials market.
Complete report on Electrical Insulation Materials Market spread across 152 pages, profiling 10 companies and supported with 58 tables and 41 figures is now available at http://www.rnrmarketresearch.com/electrical-insulation-materials-market-by-type-thermoplastics-epoxy-resin-ceramic-application-power-systems-electronics-systems-cables-transmission-lines-domestic-portable-appliances-and-region-global-ts-to-2021-market-report.html
The demand for thermoplastics is rising due to the increasing energy demand from growing economies such as India and China, which is likely to lead to higher investments in (transmission and distribution) T&D infrastructure. The growth is also due to increasing use of electrical appliances in the region along with low cost, easy availability, and optimum performance of thermoplastic as an insulation material.
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Asia-Pacific was the largest electrical insulation materials market globally, in terms of value, in 2015. The overall economic growth in the Asia-Pacific region leads to increase in urbanization and rapid industrialization. The power industry has witnessed considerable growth and technological innovations. Considering the Asia-Pacific region, the consumption level of electrical insulation materials differs with region and country. China is the leader, in terms of consumption, followed by India and South Korea. Asia-Pacific is one of the fastest-developing markets among all the other regions mainly due to the population growth and gradual rise in industrial, commercial, and residential infrastructure. Factors, such as upgradation & modernization of transmission network, increased global demand for electricity, and growth of renewable energy have led to increase in the demand of electrical insulating materials.


This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (40%); Tier 2 (40%) and other (20%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (10%), Directors Level (50%) and other (40%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (20%), Asia-Pacific (40%), and SA & MEA (10%)


Some of the key companies profiled in this report are DuPont (U.S.),Elantas Electrical Insulation (Germany),ITW Formex (U.S.),Krempel GmbH (Germany),3M (U.S.),Haysite Reinforced Plastics (U.S.),Vitar Insulation Manufacturers Ltd (Hong Kong),Nitto Denko Corporation (Japan),Tesa SE (Germany),Teijin DuPont Films Japan Limited (Japan) .
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) — Global Trends & Forecasts to 2021. The market size of plastic additives is expected to reach USD50.86 billion by 2021, registering a CAGR of 4.9% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/plastic-additives-market-by-type-plasticizers-stabilizers-flame-retardants-impact-modifiers-plastic-commodity-engineering-and-high-performance-plastic-and-by-application-packaging-constru-market-report.html
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