Global Electrical Insulating Varnish Market Research Report 2018 - Marker Status & Market Forecast

This report studies the global Electrical Insulating Varnish market status and forecast, categorizes the global Electrical Insulating Varnish market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

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 global Electrical Insulating Varnish market is valued at 1920 million US$ in 2017 and will reach 2630 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2018-2025.

The major manufacturers covered in this report
    Elantas
    Hitachi Chemical
    Von Roll
    Kyocera
    Axalta
    Superior Essex
    TOTOKU TORYO
    AEV
    Spanjaard
    Emtco
    Xianda
    RongTai
    Taihu Electric
    Jiaxing Qinghe Gaoli
    JuFeng

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
    North America
    Europe
    China
    Japan
    Southeast Asia
    India
    Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
    Wire Enamels
    Impregnation Varnish
    Other

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
    Motors
    Transformers
    Home Appliance
    Electric Tools
    Other

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