FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 732
Companies: 214 – Players covered include 3M Company; DowDuPont, Inc.; ELANTAS GmbH; Haysite Reinforced Plastics LLC; Itw Formex; KREMPEL GmbH; Nitto Denko Corporation; Teijin Dupont Films Japan Limited; Tesa SE; Vitar Insulation Manufacturers Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Application (Power Systems, Electronics Systems, Cables & Transmission Lines, Domestic Portable Appliances, Other Applications); Type (Epoxy Resins, Ceramic, Other Types, Thermoplastics)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Electrical Insulation Materials Market to Reach $11.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Electrical Insulation Materials estimated at US$8.3 Billion in the year 2020, is projected to reach a revised size of US$11.1 Billion by 2026, growing at a CAGR of 4.7% over the analysis period. Thermoplastics, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$4.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Epoxy Resins segment is readjusted to a revised 4.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion in 2021, While China is Forecast to Reach $2.2 Billion by 2026
The Electrical Insulation Materials market in the U.S. is estimated at US$2.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2026 trailing a CAGR of 7.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
Ceramic Segment to Reach US$1.6 Billion by the year 2026
In the global Ceramic segment, USA, Canada, Japan, China and Europe will drive the 3.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$933.1 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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