Published Date: 2018-05-08
The market is majorly driven by the increasing demand from the electrical, and electronics industry verticals. The electrical insulation paper market is expanding significantly due to increasing applications in cable insulation, capacitor insulation, conductor insulation, transformer insulation, electrical bushings, and transformer winding. Moreover, the market is growing due to the increasing industrialization and urbanization in developing economies.
In developing economies, a surge in the electrical installation activities, focus on the development of rural areas, and improved electricity regulations are contributing to the overall expansion of the market. Increasing number of innovations toward the miniaturization of electrical equipment is also demanding the usage of electrical insulation paper. Furthermore, increasing innovations for the improvisation of heat resistance of these insulation papers are creating a high adoption rate across various other applications, thereby driving the overall market.
The key players are DuPont, 3M, ABB, Nitto, Weidmann, VonRoll, Cottrell Paper Company, Teijin Aramid, Delfortgroup AG, KÄMMERER, Yantai Metastar Special Paper, Miki Tokushu Paper and so on.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Electrical Insulation Paper industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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