Electrical Insulating Varnish Market is expected to reach 1780 million USD by 2025 – QY Research

QYResearch, Inc.
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.

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

    Elantas

    Hitachi Chemical

    Von Roll

    Kyocera

    Axalta

    AEV

    Nitto

    Momentive

    Spanjaard

    Schramm Holding

China Local Manufacturers Covered

    Fupao Chemical

    Xianda

    RongTai

    Taihu Electric

    Better

    Jiaxing Qinghe Gaoli

    JuFeng

    Dongfang Insulating

 

By Type

    Wire Enamels

    Impregnation Varnish

 

By Application

    Motors

    Transformers

    Home Appliance

    Electric Tools

    Automobile

 

By Region

    United States

    Europe

    Japan

Request Sample Copy of Report@  https://www.qyresearch.com/sample-form/form/540581/global-electrical-insulating-varnish-industry-research-china-market

About Us:

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.

Media Contact
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
Website: https://www.qyresearch.com/index/detail/540581/global-electrical-insulating-varnish-industry-research-china-market