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.
Scope of the Report:
The market of Electrical Insulating Varnish is concentrated. Of the 2017 global market, the top 10 companies, all multinational, account for about 61.68% of sales. Elantas is by far the leader, with nearly 24.74% of the market. Over 100 companies account for the balance. As major suppliers are seeking acquisition to expand global presence, the market concentration is estimated to increase in the comming 5 years.
Electrical Insulating Varnish can be categorized as Wire Enamels, Impregnation Varnish etc. Wire Enamels is the major type of Wire Enamels with market share of 62.48% in 2017. Impregnation Varnish is organic varnishes & solventless resins are widely used in the insulation system of electrical machines for impregnation applications. Impregnation Varnish has experienced a higher growth rate in overall Electrical Insulating Varnish market with CAGR above 6 % for the past several years.
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 worldwide market for Electrical Insulating Varnish is expected to grow at a CAGR of roughly 4.3% over the next five years, will reach 2470 million US$ in 2024, from 1920 million US$ in 2019, according to a new Research study.
This report focuses on the Electrical Insulating Varnish in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
Jiaxing Qinghe Gaoli
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electrical Insulating Varnish product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Electrical Insulating Varnish, with price, sales, revenue and global market share of Electrical Insulating Varnish in 2017 and 2018.
Chapter 3, the Electrical Insulating Varnish competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electrical Insulating Varnish breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Electrical Insulating Varnish market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Electrical Insulating Varnish sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Jennifer Cantelli was born and raised in the busy city of Lancaster. As a journalist, Jennifer has contributed to many online publications including the The Crimson White and USA Today. In regards to academics, Jennifer earned a degree in business from Carnegie Mellon University and an master’s degree from Temple University. Jennifer follows the money and covers all aspects of state and federal economy.here at Times Records.