Global Electrical Insulation Paper Market By Type (TufQUIN, NOMEX, Mica, Semiconductor Paper and others), By Application (Conductor Insulation, Power Cable Insulation, Barrier Insulation, and others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Electrical Insulation Paper Market By Type (TufQUIN, NOMEX, Mica, Semiconductor Paper and others), By Application (Conductor Insulation, Power Cable Insulation, Barrier Insulation, and others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Electrical Insulation Paper Market by Product Type (Tufquin, NOMEX, Mica, Semiconductor paper, Other), By Application (Conductor Insulation, Power Cable Insulation, Barrier Insulation, End-filling, Other), and by Region -Global Forecast to 2030. It offers a holistic view of the Global Electrical Insulation Paper Market through systematic segmentation that covers every aspect of the target market.

The Global Electrical Insulation Paper Market was valued at US$ 1251.1 Mn in 2020 and is expected to reach a value of US$ 2121.2 Mn by 2030 at a CAGR of 5.4%

insulation papers are used as electrical insulators, owing to cellulose having exceptional electrical properties. These papers are majorly used for high voltage engineering applications. Its features such as small size, high mechanical strength and improved resistance properties, make it ideal for electrical insulation applications. These type of papers are primarily used in electric cables, submarine power cables, capacitors, transformer boards, etc.

The Global Electrical Insulation Paper Market is primarily driven by a growing demand for electricity. An increase in the consumption of electricity from the commercial sector, industrial sector and residential sector is accelerating the growth of the market. The market is expected to develop considerably, owing to increasing adoption in transformer insulation, transformer winding, electrical bushings, cable insulation, capacitor insulation, conductor insulation and electronics. Increasing demand for effective insulation materials in the electrical application is expected to augment the growth of the Global Electrical Insulation Paper Market.

Rising transmission and distribution activities globally, increased focus on electricity provision in rural areas and improvement in regulations for electricity supply are factors expected to support the growth of the Global Electrical Insulation Paper Market. Also, technological advancements for the development of compact electrical equipment and product innovations are other elements influencing the adoption of electrical insulation papers globally.


Global Electrical Insulation Paper Market Revenue (US$ Mn), 2021 to 2030


Increasing demand for electricity from both developed and developing countries, coupled with the improvement of power is expected to accelerate the growth of electrical insulation papers in the transformer industry.

Increasing demand for renewable energy and application of electrical insulation papers in wind turbines is expected to further help the growth of the Global Electrical Insulation Paper Market.

However, saturated growth in transmission sector in European countries, coupled with the economic recession in the western part of the world is expected to slow down the growth of the electrical insulation paper market. Nonetheless, growing adoption of electrical insulation papers in the construction industry, coupled with the rapid growth of the construction industry, particularly in emerging economies, is expected to have a favourable impact on the growth of the market.

Global Electrical Insulation Paper Market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into TufQUIN, NOMEX, Mica, Semiconductor Paper and others. The NOMEX segment accounts for the majority share in the Global Electrical Insulation Paper Market. On the basis of application, the market is segmented into Conductor Insulation, Power Cable Insulation, Barrier Insulation, End-Filling and others. Power Cable Insulation accounts for a majority share in the Global Electrical Insulation Paper Market with a market share of 38.7%.


Global Electrical Insulation Paper Market By Application, 2018


On the basis of region, the market is segmented into North America, Europe, South America, Asia-Pacific and MEA. Asia-Pacific accounts for the majority share in the Global Electrical Insulation Paper Market due to growing industrialization and commercial development, followed by Europe. The Asia Pacific is also estimated to register the highest growth rate during the forecast period.

The research report on the global electrical insulation paper market includes profiles of some of the major companies such as Nitto Denko Corporation, Von Roll Holding AG, Cottrell Paper Company Inc., Teijin Limited, Delfortgroup AG, Yantai Metastar Special Paper Co. Ltd., Miki Tokushu Paper Mfg. Co. Ltd., Weidmann Electrical Technology AG, 3M Company, ABB Ltd., DowDuPont Inc., etc.



Below are the active patents related to Electrical Insulation Paper Market.


Patent Number: US7455553B2

Semiconductor device with power module and an insulating member provided between a conductive casing and a non-insulating portion

Abstract

An electrically insulating member is provided between a bus bar of an IPM and a nearby casing so as to electrically insulate the casing from the bus bar of the IPM. Above the portion where electrical insulation is necessary, a bracket provided for supporting a component-to-be supported is secured to the casing. The electrically insulating member is attached to a lower portion of the bracket that is an existing component.

Application File Date: 2006-03-09

Application Granted Date: 2008-11-25

Current Assignee: Toyota Motor Corp,  Kyoho Machine Works Ltd

Patent Number: EP2282359A2

Process for using and producing paper based on natural cellulose fibers, synthetic fibers or mixed fibers as physical support and storing medium for electrical charges in self-sustaining field-effect transistors with memory using active semiconductor oxides

Abstract

The present invention refers to the use and creation of materials based on natural cellulose fibbers, synthetic fibbers, or mixed fibbers as physical support and storing medium or storage inducer of electrical and ionic charges in self-sustaining discrete or complementary field-effect transistors with non-volatile memory by using organic or inorganic active semiconductors for the manufacture of the channel regions that are deposited on the fibbers of the paper material as well as metals or passive semiconductors for manufacturing drain and source allowing the interconnection of fibbers, in addition to the gate electrode contact existing on the other side-face of the paper, p or n type respectively, in monolithic or hybrid forms.

Application File Date: 2009-03-20

Application Granted Date: 2018-05-02

Current Assignee: Universidade Nova de Lisboa, Faculdade de Ciencias e Tecnologia da Universidade Nova de Lisboa

Patent Number: US20150332835A1

Transformer Insulation

Abstract

The present invention relates to an electrical transformer comprising an electrical insulator and a winding of an electrical conductor around a core, said insulator being formed of an essentially non-porous composite material comprising a resin matrix and up to 85% by weight of insulating fibres surrounded by the resin matrix, the composite material having a maximum moisture content of less than 0.5% by weight at 23° C. and 50% relative humidity.

Application File Date: 2013-12-05

Application Granted Date: 2020-06-16

Current Assignee: ABB Power Grids Switzerland AG

Key Market Segments

By Type

  
TufQUIN
  
NOMEX
  
Mica
  
Semiconductor Paper
  
others

By Application

  
Conductor Insulation
  
Power Cable Insulation
  
Barrier Insulation
  
End-Filling and others


Key Market Players included in the report:


  
3M Company
  
ABB S.p.A
  
Atkins & Pearce Inc.
  
Aurora Technologies Inc.
  
Cottrell Paper Company Inc.
  
Delfortgroup AG
  
DowDuPont Inc.
  
Elantas Pdg Inc.
  
Fibertek Inc.
  
FLEXcon Industrial LLC
  
Henkel AG & Co. KGaA
  
Isovolta AG
  
KAMMERER
  
Miki Tokushu Paper Mfg. Co. Ltd.
  
Nitto Denko Corporation
  
Paramount Tube
  
Teijin Aramid B.V.
  
Varflex Corporation
  
Von Roll Holding AG
  
Weidmann Electrical Technology AG
  
Wicor Holding AG
  
Yantai Metastar Special Paper Co. Ltd.


Below are the key development related to Electrical Insulation Paper Market in 2020 and 2021.


March 2021: Axalta Acquires Chinese Producer Of Wire Enamels For Electric Devices.Axalta announced that it has entered into a definitive agreement to acquire Anhui Shengran Insulating Materials Co., Ltd., a leading Chinese producer of high-quality wire enamels used in a wide range of consumer electronics, electric vehicle, and industrial applications. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. Financial terms have not been disclosed. Source