The global electrical insulation coatings market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for electrical insulation coatings in various applications such as automotive, electronic, and medical sectors. The growing demand for these products in developing countries such as China and India is also driving the growth of this market.
Epoxy was the largest type segment in 2018 with a share of over 50%. Epoxy has been used extensively in various applications due to its high thermal stability and low cost compared to other types of coating materials such as polytetrafluoroethylene (PTFE) or acrylics. Epoxy coatings are widely used for insulating wires and cables from electric currents that can cause short circuits or fires due to overheating. Polytetrafluoroethylene (PTFE) accounted for over 30% share in 2018 owing to its excellent chemical resistance properties which make it suitable for use on surfaces that come into contact with chemicals or oils during manufacturing processes like electronics manufacturing plants, oil refineries, petrochemical plants etc, where it prevents corrosion from occurring on metal surfaces exposed to corrosive substances like acids or alkalis. Acrylics accounted for less than 10% share owing mainly due to their high cost compared with other types of coating materials such as epoxies and PTFE's which are cheaper alternatives available on the market today.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient buildings in emerging economies such as China and India is expected to drive the growth of the global electrical insulation coatings market over the forecast period (2017-2022).
- Increasing use of renewable sources of energy such as solar power will also drive the growth of this market over the forecast period (2017-2022) This will be due to increased need for high performance insulators that can withstand harsh environmental conditions like high temperatures, humidity, salt spray etc, which are common in coastal regions where solar power plants are located.
Industry Growth Insights published a new data on “Electrical Insulation Coatings Market”. The research report is titled “Electrical Insulation Coatings Market research by Types (Epoxy, Polytetrafluoroethylene, Oxy Ceramic, Acrylic), By Applications (Electronic, Automotive, Electrical, Energy Conversion, Medical, Aerospace, Others), By Players/Companies 3M Company, PPG Industries, AkzoNobel, DuPont, Evonik Industries, Axalta Coating Systems, Elantas, The Fisher Barton Group, Aremco Products, Chemetall Group, Fluoro Precision Coatings”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Insulation Coatings Market Research Report
By Type
Epoxy, Polytetrafluoroethylene, Oxy Ceramic, Acrylic
By Application
Electronic, Automotive, Electrical, Energy Conversion, Medical, Aerospace, Others
By Companies
3M Company, PPG Industries, AkzoNobel, DuPont, Evonik Industries, Axalta Coating Systems, Elantas, The Fisher Barton Group, Aremco Products, Chemetall Group, Fluoro Precision Coatings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Insulation Coatings Market Report Segments:
The global Electrical Insulation Coatings market is segmented on the basis of:
Types
Epoxy, Polytetrafluoroethylene, Oxy Ceramic, Acrylic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic, Automotive, Electrical, Energy Conversion, Medical, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M Company
- PPG Industries
- AkzoNobel
- DuPont
- Evonik Industries
- Axalta Coating Systems
- Elantas
- The Fisher Barton Group
- Aremco Products
- Chemetall Group
- Fluoro Precision Coatings
Highlights of The Electrical Insulation Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy
- Polytetrafluoroethylene
- Oxy Ceramic
- Acrylic
- By Application:
- Electronic
- Automotive
- Electrical
- Energy Conversion
- Medical
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Insulation Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical insulation coatings are a type of paint or coating that is used to protect electrical wiring and equipment from the effects of heat, cold, moisture, and corrosion.
Some of the key players operating in the electrical insulation coatings market are 3M Company, PPG Industries, AkzoNobel, DuPont, Evonik Industries, Axalta Coating Systems, Elantas, The Fisher Barton Group, Aremco Products, Chemetall Group, Fluoro Precision Coatings.
The electrical insulation coatings market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Insulation Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Insulation Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Insulation Coatings Market - Supply Chain
4.5. Global Electrical Insulation Coatings Market Forecast
4.5.1. Electrical Insulation Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Insulation Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Insulation Coatings Market Absolute $ Opportunity
5. Global Electrical Insulation Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Insulation Coatings Market Size and Volume Forecast by Type
5.3.1. Epoxy
5.3.2. Polytetrafluoroethylene
5.3.3. Oxy Ceramic
5.3.4. Acrylic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Insulation Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Insulation Coatings Market Size and Volume Forecast by Application
6.3.1. Electronic
6.3.2. Automotive
6.3.3. Electrical
6.3.4. Energy Conversion
6.3.5. Medical
6.3.6. Aerospace
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Insulation Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Insulation Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Insulation Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Insulation Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Insulation Coatings Demand Share Forecast, 2019-2026
9. North America Electrical Insulation Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Insulation Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Insulation Coatings Market Size and Volume Forecast by Application
9.4.1. Electronic
9.4.2. Automotive
9.4.3. Electrical
9.4.4. Energy Conversion
9.4.5. Medical
9.4.6. Aerospace
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Insulation Coatings Market Size and Volume Forecast by Type
9.7.1. Epoxy
9.7.2. Polytetrafluoroethylene
9.7.3. Oxy Ceramic
9.7.4. Acrylic
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Insulation Coatings Demand Share Forecast, 2019-2026
10. Latin America Electrical Insulation Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Insulation Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Insulation Coatings Market Size and Volume Forecast by Application
10.4.1. Electronic
10.4.2. Automotive
10.4.3. Electrical
10.4.4. Energy Conversion
10.4.5. Medical
10.4.6. Aerospace
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Insulation Coatings Market Size and Volume Forecast by Type
10.7.1. Epoxy
10.7.2. Polytetrafluoroethylene
10.7.3. Oxy Ceramic
10.7.4. Acrylic
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Insulation Coatings Demand Share Forecast, 2019-2026
11. Europe Electrical Insulation Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Insulation Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Insulation Coatings Market Size and Volume Forecast by Application
11.4.1. Electronic
11.4.2. Automotive
11.4.3. Electrical
11.4.4. Energy Conversion
11.4.5. Medical
11.4.6. Aerospace
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Insulation Coatings Market Size and Volume Forecast by Type
11..1. Epoxy
11.7.2. Polytetrafluoroethylene
11.7.3. Oxy Ceramic
11.7.4. Acrylic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Insulation Coatings Demand Share, 2019-2026
12. Asia Pacific Electrical Insulation Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Insulation Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Insulation Coatings Market Size and Volume Forecast by Application
12.4.1. Electronic
12.4.2. Automotive
12.4.3. Electrical
12.4.4. Energy Conversion
12.4.5. Medical
12.4.6. Aerospace
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Insulation Coatings Market Size and Volume Forecast by Type
12.7.1. Epoxy
12.7.2. Polytetrafluoroethylene
12.7.3. Oxy Ceramic
12.7.4. Acrylic
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Insulation Coatings Demand Share, 2019-2026
13. Middle East & Africa Electrical Insulation Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Insulation Coatings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Insulation Coatings Market Size and Volume Forecast by Application
13.4.1. Electronic
13.4.2. Automotive
13.4.3. Electrical
13.4.4. Energy Conversion
13.4.5. Medical
13.4.6. Aerospace
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Insulation Coatings Market Size and Volume Forecast by Type
13.7.1. Epoxy
13.7.2. Polytetrafluoroethylene
13.7.3. Oxy Ceramic
13.7.4. Acrylic
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Insulation Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Insulation Coatings Market: Market Share Analysis
14.2. Electrical Insulation Coatings Distributors and Customers
14.3. Electrical Insulation Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PPG Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AkzoNobel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DuPont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Evonik Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Axalta Coating Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Elantas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Fisher Barton Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aremco Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chemetall Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fluoro Precision Coatings
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
