Market Overview:
The global polyester wire enamels 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 copper wires and aluminum wires in various applications. In terms of type, the low heat-resistant enamel segment is expected to dominate the market during the forecast period, owing to its properties such as high resistance to corrosion and abrasion. In terms of application, the copper wires segment is projected to lead the global polyester wire enamels market during 2018-2030.
Product Definition:
Polyester Wire Enamels are special coatings that are applied to electrical wires in order to protect them from corrosion and abrasion. They also improve the wire's insulation properties, making it less likely to spark or short out. Polyester Wire Enamels are important because they help keep electrical wiring safe and functional.
Low heat-resistant Enamel:
Low heat-resistant enamel is a type of coating, which is used on polyester wires to make them electrically conductive. Low heat-resistant enamels are primarily composed of epoxy resin and amorphous silica. The most important factor that differentiates low heat-resistance enamels from high heat resistant ones is the former's lower glass transition temperature (Tg).
High heat-resistant Enamel:
High heat-resistant Enamel is a type of paint that can withstand high temperatures. It has applications in various industries including automotive, construction, and electrical & electronics. The demand for the product is expected to grow on account of its ability to protect products from wear & tear and improve their appearance.
The market for wire enamels is growing at a significant rate owing to rising demand from end-use industries such as construction, automotive, electrical & electronics.
Application Insights:
Copper wires emerged as the leading application segment and accounted for a revenue share of more than 40.0% in 2017. The copper wire enamels find applications in electrical & electronics, building & construction, oil & gas and automotive industries owing to their properties such as high strength, excellent conductivity and durability over extended use.
The demand for copper wires is expected to be driven by its increasing use in the power grid infrastructure on account of its superior characteristics including tensile strength, flexibility and ability to resist corrosion caused by sulfuric acid rainwater. In addition, growing urbanization along with industrial growth is anticipated to augment product demand over the forecast period from 2018 to 2030.
Regional Analysis:
Asia Pacific dominated the global polyester wire enamels market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for electric wires from various application sectors such as automotive, consumer electronics, industrial and construction. In addition, increasing use of high-performance electric vehicles coupled with growing infrastructure activities in emerging economies such as China and India are anticipated to drive product demand further.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 owing to presence of major automobile manufacturers who heavily rely on copper wires for vehicle charging systems installation process along with growing number of solar panel manufacturing companies across U.S., Canada & Mexico region which involves huge consumption quantities of these products over the years ahead will have a positive impact on market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand from electrical and electronics industry for insulation and protection of wires and cables.
- Growing automotive industry in developing countries is expected to drive the demand for polyester wire enamels coatings in the near future.
- Rising trend of miniaturization in electronic devices is anticipated to boost the use of polyester wire enamels coatings, as they provide better insulation with low weight and thickness.
- Increasing investments by leading players in research & development activities to develop new products with enhanced properties is likely to propel the growth of this market over the forecast period.
- Growing popularity of polymer-based composites as a replacement for traditional materials is projected to create new opportunities for polyester wire enamels market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester Wire Enamels Market Research Report
By Type
Low heat-resistant Enamel, High heat-resistant Enamel
By Application
Copper Wires, Aluminum Wires
By Companies
Elantas, Superior Essex, Axalta, TOTOKU TORYO, Xianda, Kyocera, Taihu, Zhengjiang Electronic materials, Huber Group, Hitachi-Chem, Emtco, Zhitong
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Polyester Wire Enamels Market Report Segments:
The global Polyester Wire Enamels market is segmented on the basis of:
Types
Low heat-resistant Enamel, High heat-resistant Enamel
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
Copper Wires, Aluminum Wires
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:
- Elantas
- Superior Essex
- Axalta
- TOTOKU TORYO
- Xianda
- Kyocera
- Taihu
- Zhengjiang Electronic materials
- Huber Group
- Hitachi-Chem
- Emtco
- Zhitong
Highlights of The Polyester Wire Enamels 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:
- Low heat-resistant Enamel
- High heat-resistant Enamel
- By Application:
- Copper Wires
- Aluminum Wires
- 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 Polyester Wire Enamels 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polyester wire enamels are a type of coatings that are made from polyester resins and a metal oxide. The metal oxide helps to create the desired electrical and optical properties in the coating.
Some of the key players operating in the polyester wire enamels market are Elantas, Superior Essex, Axalta, TOTOKU TORYO, Xianda, Kyocera, Taihu, Zhengjiang Electronic materials, Huber Group, Hitachi-Chem, Emtco, Zhitong.
The polyester wire enamels 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 Polyester Wire Enamels 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 Polyester Wire Enamels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyester Wire Enamels 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 Polyester Wire Enamels 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 Polyester Wire Enamels Market Size & Forecast, 2020-2028
4.5.1 Polyester Wire Enamels Market Size and Y-o-Y Growth
4.5.2 Polyester Wire Enamels 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 Low heat-resistant Enamel
5.2.2 High heat-resistant Enamel
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 Copper Wires
6.2.2 Aluminum Wires
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester Wire Enamels 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 Polyester Wire Enamels 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 Low heat-resistant Enamel
9.6.2 High heat-resistant Enamel
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 Copper Wires
9.10.2 Aluminum Wires
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 Low heat-resistant Enamel
10.6.2 High heat-resistant Enamel
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 Copper Wires
10.10.2 Aluminum Wires
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 Low heat-resistant Enamel
11.6.2 High heat-resistant Enamel
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 Copper Wires
11.10.2 Aluminum Wires
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 Low heat-resistant Enamel
12.6.2 High heat-resistant Enamel
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 Copper Wires
12.10.2 Aluminum Wires
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 Low heat-resistant Enamel
13.6.2 High heat-resistant Enamel
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 Copper Wires
13.10.2 Aluminum Wires
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 Polyester Wire Enamels Market: Competitive Dashboard
14.2 Global Polyester Wire Enamels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elantas
14.3.2 Superior Essex
14.3.3 Axalta
14.3.4 TOTOKU TORYO
14.3.5 Xianda
14.3.6 Kyocera
14.3.7 Taihu
14.3.8 Zhengjiang Electronic materials
14.3.9 Huber Group
14.3.10 Hitachi-Chem
14.3.11 Emtco
14.3.12 Zhitong
