Market Overview:
The global electrical insulating coatings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical insulation coatings from various end-use industries, such as telecommunications, power systems, and electronics systems. In addition, the growing demand for advanced coating technologies is also contributing to the growth of this market.
Product Definition:
An electrical insulating coating is a material used to coat an object and protect it from becoming electrically charged. The purpose of this type of coating is to prevent the user from being shocked or harmed in any way.
Epoxy Coatings:
Epoxy coatings are used in electrical insulating coatings owing to its properties such as excellent thermal stability, high resistance to solvents and acids, low volatile organic compound (VOC) content and good adhesion. The global epoxy coatings market is expected to witness significant growth on account of increasing demand from the electrical insulation industry.
The growing construction industry coupled with rising demand for consumer electronics is likely to propel the market over the forecast period.
Polytetrafluoroethylene (PTFE) Coatings:
It is a non-flammable and thermoplastic elastomer that can be either cast or extruded.
Application Insights:
Telecommunication application segment to dominate the global market with a revenue share of over 35% by 2030. This is attributed to the rising demand for electrical insulation coatings in telecom equipment and facilities, such as data centers, cell sites, and switching stations. The power systems segment is expected to witness significant growth over the forecast period owing to increasing investments in renewable energy generation coupled with growing concerns regarding system reliability and durability.
The electronics systems application segment accounted for a significant market share in 2017 due to extensive use of electrical insulating coatings in electronic devices & components including computers, tablets, laptops etcetera. Other major applications include transportation (railway carriages & wagons), healthcare (heating equipment), food processing (freezer cabinets & containers) water treatment plants among others which are yet To Be Determined (TBD).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and GDP, which will result in high product demand from residential, commercial, industrial applications. Rapid growth of end-use industries such as electronics & telecommunication; power systems; building & construction materials; automotive etc., will further drive the market growth over the forecast period.
The increasing number of manufacturing facilities along with rising foreign investments is anticipated to boost electrical insulation coatings production across Asia Pacific countries such as China, India Japan South Korea Indonesia Thailand Vietnam etc., thus driving regional market growth over the projected period.
Growth Factors:
- Increasing demand for electrical insulation coatings from the construction and automotive industries
- Growing awareness about the benefits of electrical insulation coatings among consumers
- Rising demand for energy-efficient and eco-friendly products
- Technological advancements in the production of electrical insulation coatings
- Growing popularity of nanotechnology-based electrical insulation coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Insulating Coatings Market Research Report
By Type
Epoxy Coatings, Polytetrafluoroethylene (PTFE) Coatings, Ceramic Coatings, Others
By Application
Telecommunciation, Power Systems, Electronics Systems, Others
By Companies
SK Formulations, DuPont, Chemetall Group (BASF), Interpon (AkzoNobel), Evonik Indutries, 3M Company, Axalta, PPG Industries, ELANTAS, A&A Coatings, SK Formulations, Fluoro Precision Coatings, Thermal Spray Coatings (a Fisher Barton Company), GLS 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Insulating Coatings Market Report Segments:
The global Electrical Insulating Coatings market is segmented on the basis of:
Types
Epoxy Coatings, Polytetrafluoroethylene (PTFE) Coatings, Ceramic Coatings, Others
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
Telecommunciation, Power Systems, Electronics Systems, 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:
- SK Formulations
- DuPont
- Chemetall Group (BASF)
- Interpon (AkzoNobel)
- Evonik Indutries
- 3M Company
- Axalta
- PPG Industries
- ELANTAS
- A&A Coatings
- SK Formulations
- Fluoro Precision Coatings
- Thermal Spray Coatings (a Fisher Barton Company)
- GLS Coatings
Highlights of The Electrical Insulating 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 Coatings
- Polytetrafluoroethylene (PTFE) Coatings
- Ceramic Coatings
- Others
- By Application:
- Telecommunciation
- Power Systems
- Electronics Systems
- 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 Insulating 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 coating that is used to protect electrical equipment from the elements. They are made up of a number of different materials, including polyurethane, silicone, and rubber. These coatings help to prevent electricity from passing through the surface and into the underlying metal or plastic components.
Some of the key players operating in the electrical insulating coatings market are SK Formulations, DuPont, Chemetall Group (BASF), Interpon (AkzoNobel), Evonik Indutries, 3M Company, Axalta, PPG Industries, ELANTAS, A&A Coatings, SK Formulations, Fluoro Precision Coatings, Thermal Spray Coatings (a Fisher Barton Company), GLS Coatings.
The electrical insulating coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical Insulating Coatings Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electrical Insulating Coatings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electrical Insulating Coatings Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electrical Insulating Coatings Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electrical Insulating Coatings Market Size & Forecast, 2020-2028 4.5.1 Electrical Insulating Coatings Market Size and Y-o-Y Growth 4.5.2 Electrical Insulating Coatings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Epoxy Coatings
5.2.2 Polytetrafluoroethylene (PTFE) Coatings
5.2.3 Ceramic Coatings
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Telecommunciation
6.2.2 Power Systems
6.2.3 Electronics Systems
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Insulating Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical Insulating Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Epoxy Coatings
9.6.2 Polytetrafluoroethylene (PTFE) Coatings
9.6.3 Ceramic Coatings
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Telecommunciation
9.10.2 Power Systems
9.10.3 Electronics Systems
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Epoxy Coatings
10.6.2 Polytetrafluoroethylene (PTFE) Coatings
10.6.3 Ceramic Coatings
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Telecommunciation
10.10.2 Power Systems
10.10.3 Electronics Systems
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Epoxy Coatings
11.6.2 Polytetrafluoroethylene (PTFE) Coatings
11.6.3 Ceramic Coatings
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Telecommunciation
11.10.2 Power Systems
11.10.3 Electronics Systems
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Epoxy Coatings
12.6.2 Polytetrafluoroethylene (PTFE) Coatings
12.6.3 Ceramic Coatings
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Telecommunciation
12.10.2 Power Systems
12.10.3 Electronics Systems
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Epoxy Coatings
13.6.2 Polytetrafluoroethylene (PTFE) Coatings
13.6.3 Ceramic Coatings
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Telecommunciation
13.10.2 Power Systems
13.10.3 Electronics Systems
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical Insulating Coatings Market: Competitive Dashboard
14.2 Global Electrical Insulating Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SK Formulations
14.3.2 DuPont
14.3.3 Chemetall Group (BASF)
14.3.4 Interpon (AkzoNobel)
14.3.5 Evonik Indutries
14.3.6 3M Company
14.3.7 Axalta
14.3.8 PPG Industries
14.3.9 ELANTAS
14.3.10 A&A Coatings
14.3.11 SK Formulations
14.3.12 Fluoro Precision Coatings
14.3.13 Thermal Spray Coatings (a Fisher Barton Company)
14.3.14 GLS Coatings