Electrical Insulation Materials Market Forecast and Segments, 2016-2026
- Submitted by: Monica2016
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- Date Submitted: 10/21/2016 07:34 AM
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Electrical insulation is resistance to the flow of electric charge. Electrical insulation materials isolate individual components which are at different electrical potentials. The primary function of an electrical insulator is to support or separate electrical conductors without allowing current to flow through them. Conventionally, glass and ceramics were the most prominently used electrical insulation materials However, over the recent past, polymer based electrical insulation materials have accounted for a significant share in overall global electrical insulation materials market. Consumption of polymer based electrical insulation materials is expected to witness a steady growth during forecast period.
Electrical Insulation Materials Market: Drivers and restraints
Global electrical insulation materials market is expected to witness a steady growth over the forecast period. Demand for electrical insulation materials is expected to be driven primarily by the growth in demand from construction industry, especially in developing economies in Asia Pacific region such as China and India. Moreover, the steady growth in re-insulation market across developed economies of North America and Europe is also expected to fuel the growth of global electrical insulation materials market during forecast period. Besides, increasing demand for consumer electronics and allied products is another factor that is expected to drive growth of global electrical insulation materials market. Also, increasing investments towards installation of transmission lines across developing regions is another factor that is expected to positively impact global electrical insulation materials market over forecast period.
Electrical Insulation Materials Market: Segmentation
The electrical insulation materialsmarket can be segmented based on material types as:
Ceramics
Glass
Composites
Plastics
PEEK
Polypropylene
PVC
Consumption of polymer based and Composite materials...
Electrical Insulation Materials Market: Drivers and restraints
Global electrical insulation materials market is expected to witness a steady growth over the forecast period. Demand for electrical insulation materials is expected to be driven primarily by the growth in demand from construction industry, especially in developing economies in Asia Pacific region such as China and India. Moreover, the steady growth in re-insulation market across developed economies of North America and Europe is also expected to fuel the growth of global electrical insulation materials market during forecast period. Besides, increasing demand for consumer electronics and allied products is another factor that is expected to drive growth of global electrical insulation materials market. Also, increasing investments towards installation of transmission lines across developing regions is another factor that is expected to positively impact global electrical insulation materials market over forecast period.
Electrical Insulation Materials Market: Segmentation
The electrical insulation materialsmarket can be segmented based on material types as:
Ceramics
Glass
Composites
Plastics
PEEK
Polypropylene
PVC
Consumption of polymer based and Composite materials...