DUBLIN, September 12, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Electrical Insulation Materials Market by Type (Thermoplastics, Epoxy Resin, Ceramic), Application (Power Systems, Electronics Systems, Cables & Transmission Lines, Domestic Portable Appliances), and Region - Global Forecasts to 2021" report to their offering.
The global electrical insulation materials market is forecast to reach a value of USD 9.58 Billion by 2021.
The market based on type is segmented into different types of materials such as thermoplastics, epoxy resins, ceramics, and others. Thermoplastics were the largest and the fastest-growing segment in 2015. The demand for thermoplastics is rising due to increasing energy demand from growing economies such as India and China. This is estimated to lead to higher investments in the T&D capital expenditure. The growth is also due to the increasing use of electrical appliances in the region along with the need to explore cost-effective and high-performance insulating materials.
The power systems application has been the largest and the fastest-growing end-use market for electrical insulation materials in 2015 The high demand from the increasing population, modernization of electricity networks, improved policy regulations, and access to electricity in the rural areas are the major driving factors for the power systems application.
The Asia-Pacific region continues to be a significant market for electrical insulation materials. Globally, this region has been a leader in the electrical insulation materials market with respect to demand as well as production capacity. The overall economic growth in the Asia-Pacific region leads to increase in urbanization and rapid industrialization, thus driving the electrical insulation materials market.
- Elantas Electrical Insulation
- Haysite Reinforced Plastics
- ITW Formex
- Krempel GmbH
- Nitto Denko Corporation
- Teijin DuPont Films Japan Limited
- Tesa SE
- Vitar Insulation Manufacturers Ltd
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Electrical Insulation Market, By Material Type
8 Electrical Insulation Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/c5q4mb/electrical
Related Topics: Insulation
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SOURCE Research and Markets