Latest research report on “Electrical Insulating Varnish Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Electrical insulating varnish are used to ensure electrical devices, including motors, generators, transformers, sensors and other devices that function by electromagnetic induction, have the necessary electrical insulation and structural integrity for operation. Insulating varnishes and impregnating resins are almost always thermosetting resins such as epoxies or phenolics. This material is crosslinking when applied and therefore inherently strong, environmentally stable, impervious and durable.
This report contains market size and forecasts of Electrical Insulating Varnish in global, including the following market information:
Global Electrical Insulating Varnish Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electrical Insulating Varnish Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Electrical Insulating Varnish companies in 2021 (%)
The global Electrical Insulating Varnish market was valued at 2350.8 million in 2021 and is projected to reach US$ 2847.4 million by 2028, at a CAGR of 2.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wire Enamels Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrical Insulating Varnish include Elantas, Hitachi Chemical, Von Roll, Kyocera, Axalta, Superior Essex, TOTOKU TORYO, AEV and Spanjaard, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electrical Insulating Varnish manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Insulating Varnish Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrical Insulating Varnish Market Segment Percentages, by Type, 2021 (%)
– Wire Enamels
– Impregnation Varnish
– Other
Global Electrical Insulating Varnish Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrical Insulating Varnish Market Segment Percentages, by Application, 2021 (%)
– Motors
– Transformers
– Home Appliance
– Electric Tools
– Automobile
– Other
Global Electrical Insulating Varnish Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electrical Insulating Varnish Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical Insulating Varnish revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electrical Insulating Varnish revenues share in global market, 2021 (%)
Key companies Electrical Insulating Varnish sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Electrical Insulating Varnish sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Elantas
– Hitachi Chemical
– Von Roll
– Kyocera
– Axalta
– Superior Essex
– TOTOKU TORYO
– AEV
– Spanjaard
– Emtco
– Xianda
– RongTai
– Taihu Electric
– Jiaxing Qinghe Gaoli
– JuFeng
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