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.
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.
Ask for Discount on Research Report@ https://www.qyresearch.com/request-discount/form/540581/global-electrical-insulating-varnish-industry-research-china-market
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
Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/540581/global-electrical-insulating-varnish-industry-research-china-market
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.
Company Name: QY Research, Inc.
Contact Person: Rahul Singh
Email: Send Email
Phone: +1 626 295 2442
Address:17890 Castleton Street, Suite 218
City: City of Industry
State: CA 91748
Country: United States