We use cookies for a better user experience. Click here to know more about it. 

       
  
x

Global High Voltage Insulator Coating (HVIC) Market Fragmented with Fierce Competition - QYResearch Report

Author: QYResearch  |   Published Date: 2021-06-28   |   Views: 50



High Voltage Insulator Coating (HVIC) is used on excessive voltage insulators to forestall flashover and arcing, particular in severely contaminated environments. Since its introduction to the market in the mid 1980’s, current HVIC products are now the first products to offer the user a number of previously unavailable benefits, such as much better adhesion and superior electrical properties.

The global sales of High Voltage Insulator Coating (HVIC) increased from 9582 MT in 2016 to 11330 MT in 2020, at a CAGR of 4.28%. According to QYResearch latest research, the global High Voltage Insulator Coating (HVIC) size is estimated to be USD 209.28 million in 2021 from USD 151.06 million in 2020, with a change of 38.54% between 2020 and 2021. The global High Voltage Insulator Coating (HVIC) market size is expected to grow at a CAGR of 2.66% for the next six years.

Global High Voltage Insulator Coating (HVIC) Market- Key Players

HSVC, CSL Silicones, Chengdu Tuoli Technology, Dow, Wacker, Midsun Group, Fujian RuiSen New Materials, Tianjin Dalu Power Technology, Shaanxi Wangyuan Power Equipment, Tianjin Guodian Xinneng Power Technology, Liaoning Hualong Power Technology, DuPont, are some key suppliers in the industry.

The industry is highly fragmented and the top 5 players, HSVC, CSL Silicones, Chengdu Tuoli Technology, Dow, Wacker, Midsun Group, accounts for about 29% revenue share. Many manufacturers are usually small and middle sized ones. The industry competition is fierce. The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, value-added benefits, and service portfolios.

 

Global High Voltage Insulator Coating (HVIC) Market- Type Analysis

Based on the product type, the market can be divided into RTV HVIC and Enhanced/Functional HVIC. Nowadays benefits of the use of silicone coatings (RTV HVIC) in high voltage insulators are already proven, and it is common practice to install pre-siliconized glass insulators with specific silicones by the largest electrical utilities companies of different countries, and where the biggest manufacturers of insulators already offer them coated. RTV HVIC is a general-purpose product, and the service life of RTV HVIC is 5-10 years. Generally speaking, RTV HVIC is a product for general use, and the price of this product is relatively low.

Enhanced/functional HVIC refers to the modified product of RTV HVIC. These products include but are not limited to Enhanced Anti-pollution RTV, Self-cleaning SRTV, Anti-blasting & Anti-spatter PRTV, flame retardant PRTV, etc. Generally speaking, the enhanced/functional HVIC is suitable for use in the harsher environment. The products of the world's leading companies such as CSL Silicones' Si-COAT® and Wacker's POWERSIL® are all enhanced/functional HVICs. And some Chinese companies are still producing general-purpose RTV HVIC. In general, the reinforced/functional HVIC has better water repellency, pollution resistance, excellent corrosion resistance, and significantly improved electrical insulation performance.

Presently, Enhanced/Functional HVIC is the mainstream product in the market and the type owned about 61.5% share in 2020.

 

Global High Voltage Insulator Coating (HVIC) Market- Application Analysis

High Voltage Insulator Coating (HVIC) can be used in such fields, like Electric Grid, Power Station, etc. In 2020, about 87.2% High Voltage Insulator Coating (HVIC) wen into the Electric Grid filed. Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines which facilitate this movement are known as a transmission network. This is distinct from the local wiring between high-voltage substations and customers, which is typically referred to as electric power distribution. The combined transmission and distribution network is part of electricity delivery, known as the electrical grid. At present, with the continuous improvement of the transmission voltage level, the high-performance High Voltage Insulator Coating (HVIC) is continuously increasing. Especially in China, with China's leading UHV technology, more and more high-voltage power grids are being planned and constructed.

 

Read More Information: https://www.qyresearch.com/index/detail/3203311/global-high-voltage-insulator-coating-hvic-industry-research-report-growth-trends-and-competitive-analysis-2021-2027

 

About Us:

QYResearch provides Market Research Reports for clients all over the world. As of now, QYResearch data as following:

62000 + Clients(cover 100% the world strong 500 companies and most industries’ leading players such as TOP5 players)

7800 + Experts(most of them with more than 15 years’ experience in their industry and professional knowledge both in market and technology)

300 + Data Base(40% government related data base, 30% third part data base, 10% international agencies data base, 30% technology and market data base)

2 Million + Reports(cover almost all industries and most detailed products such as product model level research reports, where you can find all what you need in one shop)

1000 + Custom Research Projects(most clients need custom research service and QYResearch keeps offering good and depth service for them)

30 + Roles Data Interview Checking System(only QYResearch uses such interview system with more than 30 roles in order to confirm the data reliability)

13 + Years focus market research and continues to support the client success.

 

Media Contact:

Rahul Singh - Digital Marketing Director

Contact: +91 7028 920 828   +81-903-800-9273    +86-108-294-5717

Email: rahul@qyresearch.com


Sales Contact US:

USA Registered Office: QY Research, INC.

17890 Castleton, Suite 369,

City of industry, CA - 91748

Phone: +1-626-295-2442

Emails – enquiry@qyrsearch.com

Web – www.qyresearch.com


QYR Clients

  • csl
  • croozer
  • crital alert
  • cristal
  • corveneng
  • coperion
  • contijpi medical
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
More Clients...