Global Electrical Insulating Varnish Market is expected to grow at CAGR 5.3% till 2025 | Sheer Analytics and Insights

Global Electrical Insulating Varnish market in terms of revenue is expected to reach US$ xx Billion by 2025 at a CAGR of 5.3% from 2018 to 2025 as per new market research report titled Global Electrical Insulating Varnish Market (by product- wire enamels, impregnation varnish, silicon insulating varnish, coating varnish, bonding varnish, and others. By application- sensors, transformers, electric tools, automobile, motors, home appliance, and others. By the method of application- vacuum-pressure impregnation (VPI) method, trickle impregnation method, dip, and flood impregnation method) – global industry analysis, size, share, growth, trends, and forecast, 2017 – 2025, by Sheer Analytics & Insights Pvt. Ltd.

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Insulin varnishes are one of the most essential components for products like motor, sensors, generators, and transformers. The varnishes are a kind of liquidated insulators that helps in gluing and coating of the wires. It has the beneficial properties of thermal conductivity and mechanical integrity. Moreover, varnishes help in ensuring the insulation system security from the external environmental factors. The wider and increasing applications of the insulation varnish in the electromagnetic induction field such as a motor, sensors, generators, and transformers are anticipated to create a huge growth opportunity in the demand of the vanishing market in the upcoming years.

As the electrical insulating varnishes unequivocally depend on its impregnation, it might be named as primary or secondary insulation. The ascent in use of electric gadgets around the world guarantees the market interest for electrical insulating varnishes stays high. A flood in market demand is anticipated to be seen in various car enterprises attributable to the increasing demand for hybrid electric vehicles, and eco-friendly electric vehicles. Moreover, the invaluable properties of varnishes alongside its regularly expanding utilization in electrical gadgets will keep on impelling the development of the market over the estimated period.

In the recent market research reports that were published by Sheer Analytics & Insights, the global Electrical Insulating Varnish market has been divided on the bases of its application, product, and method of application. On the basis of its product section, the market is divided into impregnation varnish, wire enamels, silicon insulating varnish, bonding varnish, coating varnish, and others. Based on its application, the global Electrical Insulating Varnish market has been classified in sensors, electric tools, transformers, automobile, home appliance, motors, and others. Based on its application type, the global Electrical Insulating Varnish market has been segmented into trickle impregnation method, vacuum-pressure impregnation (VPI) method, and dip and flood impregnation method.

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The market is further bifurcated into geographical regions like North America, Middle East & Africa, Asia-Pacific, and Latin America. North America and the Asia Pacific are the two major global regions which hold the largest market shares for global electrical insulating varnish market. The main reason behind making a noteworthy effect on the Asia-Pacific region may be accredited to the higher demand for the eco-friendly and hybrid electric vehicles along with the increasing presence and upsurge of the various electronic manufacturing companies in the Asia Pacific regions of China and Japan.

Axalta Coating Systems has currently launched a new product namely, Voltatex 1230- a new electrical steel coating. This product is a type of varnish which is organic-based, with exceptional insulation properties and corrosion resistance.

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Christoph Lomoschitz, who is the product manager of Axalta’s for the Energy Solutions Business said, “Our electrical steel coatings have an excellent reputation for delivering remarkable performance for our customers. At Axalta we innovate with purpose. We continually strive to introduce new products to the market that offer increased benefits and extend our customers’ offerings; Voltatex 1230 is no exception. This new product complements our existing Voltatex products perfectly.”

The major industry players in the global electrical insulating varnish market include companies like Nitto Denko Corporation, Fupao Chemical, Taihu Electric, Dongfang Insulating, among others.

Global Electrical Insulating Varnish Market and its segmentation
Global Electrical Insulating Varnish Market: By Product
• Wire Enamels
• Impregnation Varnish
• Silicon Insulating Varnish
• Coating Varnish
• Bonding Varnish
• Others
Global Electrical Insulating Varnish: By Application
• Sensors
• Transformers
• Electric Tools
• Automobile
• Motors
• Home Appliance
• Others
Global Electrical Insulating Varnish: By Method of Application
• Vacuum-Pressure Impregnation (VPI) Method
• Trickle Impregnation Method
• Dip and Flood Impregnation Method
Global Electrical Insulating Varnish Market: By Geography
North America
• The U.S.
• Canada
• Mexico
Europe
• U.K.
• France
• Germany
• Italy
• Rest of Europe
Asia Pacific
• India
• China
• Japan
• Rest of Asia Pacific
The Middle East and Africa
• South Africa
• Rest of the Middle East and Africa
Latin America
• Brazil
• Rest of Latin America

Table of Content:

1 RESEARCH METHODOLOGY, ASSUMPTIONS, AND ACRONYMS

1.1 ECOSYSTEM OF ELECTRICAL INSULATING VARNISH MARKET

1.2 TOP-DOWN APPROACH

1.3 BOTTOM-UP APPROACH

1.4 ASSUMPTIONS

2 EXECUTIVE SUMMARY AND MARKET OVERVIEW

2.1 GLOBAL ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

2.2 GLOBAL ELECTRICAL INSULATING VARNISH MARKET REVENUE, 2018– 2025(US$ MN)

2.3 GLOBAL ELECTRICAL INSULATING VARNISH MARKET TAXONOMY

2.4 KEY TRENDS ANALYSIS

2.5 PRODUCT DEVELOPMENT AND DIVERSIFICATION ANALYSIS

2.6 PORTERS FIVE FORCE ANALYSIS

2.7 VALUE CHAIN ANALYSIS

2.8 COMPETITIVE LANDSCAPE

2.9 COMPANY MARKET SHARE ANALYSIS

2.10 EXPANSION STRATEGIES ADOPTED BY LEADING PLAYERS

3 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

3.1 OVERVIEW

3.2 WIRE ENAMELS

3.3 IMPREGNATION VARNISH

3.4 SILICON INSULATING VARNISH

3.5 COATING VARNISH

3.6 BONDING VARNISH

3.7 OTHERS

4 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

4.1 OVERVIEW

4.2 SENSORS

4.3 TRANSFORMERS

4.4 ELECTRIC TOOLS

4.5 AUTOMOBILE

4.6 MOTORS

4.7 HOME APPLIANCE

4.8 OTHERS

5 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

5.1 OVERVIEW

5.2 VACUUM-PRESSURE IMPREGNATION (VPI) METHOD

5.3 TRICKLE IMPREGNATION METHOD

5.4 DIP AND FLOOD IMPREGNATION METHOD

6 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY GEOGRAPHY

6.1 NORTH AMERICA

6.1.1 MARKET DYNAMICS

6.1.1.1 DRIVERS

6.1.1.2 RESTRAINTS

6.1.1.3 OPPORTUNITY

6.1.2 U.S.

6.1.3 CANADA

6.1.4 MEXICO

6.2 EUROPE

6.2.1 MARKET DYNAMICS

6.2.1.1 DRIVERS

6.2.1.2 RESTRAINTS

6.2.1.3 OPPORTUNITY

6.2.2 U.K.

6.2.3 FRANCE

6.2.4 GERMANY

6.2.5 SPAIN

6.2.6 REST OF EUROPE

6.3 ASIA PACIFIC

6.3.1 MARKET DYNAMICS

6.3.1.1 DRIVERS

6.3.1.2 RESTRAINTS

6.3.1.3 OPPORTUNITY

6.3.2 INDIA

6.3.3 CHINA

6.3.4 JAPAN

6.3.5 REST OF ASIA PACIFIC

6.4 MIDDLE EAST AND AFRICA

6.4.1 MARKET DYNAMICS

6.4.1.1 DRIVERS

6.4.1.2 RESTRAINTS

6.4.1.3 OPPORTUNITY

6.4.2 SOUTH AFRICA

6.4.3 REST OF MIDDLE EAST AND AFRICA

6.5 LATIN AMERICA

6.5.1 MARKET DYNAMICS

6.5.1.1 DRIVERS

6.5.1.2 RESTRAINTS

6.5.1.3 OPPORTUNITY

6.5.2 BRAZIL

6.5.3 REST OF LATIN AMERICA

7 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY COMPANY

7.1 INTRODUCTION

7.2 HITACHI CHEMICAL

7.2.1 BUSINESS OVERVIEW

7.2.2 PRODUCTS & SERVICES

7.2.3 KEY STRATEGY

7.2.4 RECENT DEVELOPMENTS

7.2.5 SWOT ANALYSIS

7.3 KYOCERA

7.3.1 BUSINESS OVERVIEW

7.3.2 PRODUCTS & SERVICES

7.3.3 KEY STRATEGY

7.3.4 RECENT DEVELOPMENTS

7.3.5 SWOT ANALYSIS

7.4 ELANTAS

7.4.1 BUSINESS OVERVIEW

7.4.2 PRODUCTS & SERVICES

7.4.3 KEY STRATEGY

7.4.4 RECENT DEVELOPMENTS

7.4.5 SWOT ANALYSIS

7.5 MOMENTIVE PERFORMANCE MATERIALS INC.

7.5.1 BUSINESS OVERVIEW

7.5.2 PRODUCTS & SERVICES

7.5.3 KEY STRATEGY

7.5.4 RECENT DEVELOPMENTS

7.5.5 SWOT ANALYSIS

7.6 VON ROLL HOLDING AG

7.6.1 BUSINESS OVERVIEW

7.6.2 PRODUCTS & SERVICES

7.6.3 KEY STRATEGY

7.6.4 RECENT DEVELOPMENTS

7.6.5 SWOT ANALYSIS

7.7 AXALTA COATING SYSTEMS

7.7.1 BUSINESS OVERVIEW

7.7.2 PRODUCTS & SERVICES

7.7.3 KEY STRATEGY

7.7.4 RECENT DEVELOPMENTS

7.7.5 SWOT ANALYSIS

7.8 SPANJAARD LIMITED

7.8.1 BUSINESS OVERVIEW

7.8.2 PRODUCTS & SERVICES

7.8.3 KEY STRATEGY

7.8.4 RECENT DEVELOPMENTS

7.8.5 SWOT ANALYSIS

7.9 SCHRAMM HOLDING AG

7.9.1 BUSINESS OVERVIEW

7.9.2 PRODUCTS & SERVICES

7.9.3 KEY STRATEGY

7.9.4 RECENT DEVELOPMENTS

7.9.5 SWOT ANALYSIS

7.10 TAIHU ELECTRIC

7.10.1 BUSINESS OVERVIEW

7.10.2 PRODUCTS & SERVICES

7.10.3 KEY STRATEGY

7.10.4 RECENT DEVELOPMENTS

7.10.5 SWOT ANALYSIS

7.11 DONGFANG INSULATING

7.11.1 BUSINESS OVERVIEW

7.11.2 PRODUCTS & SERVICES

7.11.3 KEY STRATEGY

7.11.4 RECENT DEVELOPMENTS

7.11.5 SWOT ANALYSIS

7.12 FUPAO CHEMICAL

7.12.1 BUSINESS OVERVIEW

7.12.2 PRODUCTS & SERVICES

7.12.3 KEY STRATEGY

7.12.4 RECENT DEVELOPMENTS

7.12.5 SWOT ANALYSIS

7.13 NITTO DENKO CORPORATION

7.13.1 BUSINESS OVERVIEW

7.13.2 PRODUCTS & SERVICES

7.13.3 KEY STRATEGY

7.13.4 RECENT DEVELOPMENTS

7.13.5 SWOT ANALYSIS

IMPORTANT TABLES AND FIGURES:

LIST OF TABLES

TABLE 1 GLOBAL ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 2 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 3 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 4 GLOBAL ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

TABLE 5 NORTH AMERICA ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 6 NORTH AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 7 NORTH AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 8 NORTH AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

TABLE 9 EUROPE ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 10 EUROPE ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 11 EUROPE ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 12 EUROPE ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

TABLE 13 ASIA-PACIFIC ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 14 ASIA-PACIFIC ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 15 ASIA-PACIFIC ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 16 ASIA-PACIFIC ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

TABLE 17 MIDDLE EAST AND AFRICA ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 18 MIDDLE EAST AND AFRICA ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 19 MIDDLE EAST AND AFRICA ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 20 MIDDLE EAST AND AFRICA ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

TABLE 21 LATIN AMERICA ELECTRICAL INSULATING VARNISH MARKET SIZE, 2018-2025 (USD MN)

TABLE 22 LATIN AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY PRODUCT

TABLE 23 LATIN AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY APPLICATION

TABLE 24 LATIN AMERICA ELECTRICAL INSULATING VARNISH MARKET, BY METHOD OF APPLICATION

LIST OF FIGURES



FIGURE 1 MARKET SEGMENT

FIGURE 2 MARKET INTEGRATED ECOSYSTEM

FIGURE 3 TOP-DOWN APPROACH

FIGURE 4 BOTTOM-UP APPROACH

FIGURE 5 NORTH AMERICA ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

FIGURE 6 EUROPE ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

FIGURE 7 ASIA-PACIFIC ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

FIGURE 8 MIDDLE EAST AND AFRICA ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

FIGURE 9 LATIN AMERICA ELECTRICAL INSULATING VARNISH MARKET SNAPSHOT

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