This report studies the global Electrical Insulating Varnish industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.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.
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At present, in the foreign industrial developed countries the electrical insulating varnish industry is generally at a more advanced level in developed countries, the world’s large enterprises are mainly concentrated in the United States, Switzerland, Japan, Britain, etc. accounted for most of the international market share. Meanwhile, foreign companies have more advanced equipment, strong R&D ability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese electrical insulating varnish production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
Elantas is the largest manufacturer of electrical insulating varnish, accounting for 24.67% of the global production in 2015. Other key players of electrical insulating varnish include Hitachi Chemical, Von Roll, Kyocera, and Axalta.
Main application of insulating varnishes is for electrical equipment such as motors, generators and transformers and to other electrical apparatus in general Grade CB, in most instances, gives maximum protection to the windings from moisture, oil, sea water, and other deleterious substances. As the economy recovers, the demand for electrical insulating varnish will continue to grow at a high rate.
The global Electrical Insulating Varnish market is valued at 1670 million USD in 2017 and is expected to reach 1780 million USD by the end of 2025, growing at a CAGR of 0.8% between 2018 and 2025.
This research report categorizes the China and global Electrical Insulating Varnish market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Jiaxing Qinghe Gaoli
The study objectives of this report are:
To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China.
To study and forecast the market size (volume and value) of Electrical Insulating Varnish in China and global market.
Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers.
To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers.
To define, describe and forecast the market by type, application and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc.
To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Electrical Insulating Varnish are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Electrical Insulating Varnish market, by end-use.
Detailed analysis and profiles of additional market players.
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