866-997-4948(US-Canada Toll Free)

Electrical Insulating Varnish Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Published By :

Transparency Market Research

Category :

Chemicals

Introduction

Traditionally, fibrous materials such as paper were used as primary insulation on inductor coils. However, they carried various disadvantages related to protection from dust and moisture. In order to improve the insulation properties, a secondary insulation, which was thinner in layer, was used on coils assembled with wires. This is called impregnation. Thus, winding can be impregnated by using secondary insulation in order to fill the spaces between fibers. In the electrical & electronics industry, primary insulation is also considered as impregnated when all the spaces and gaps are filled by resin fibers. Electrical insulating varnish can be referred as primary insulation or secondary insulation depending on its impregnation. For example, it is referred as primary insulation when it is used for coating a bare conductor. However, it is referred as secondary insulation when applied to assembled windings of enameled wire. As majority of the end-users used to purchase enameled wire due to which secondary insulation is referred as insulating varnish which are majorly used in motors, transformers, generators, etc. Thus, electric insulating varnish is used to ensure that electrical devices such as sensors, transformers, motors, and generators are working by electromagnetic principle with proper electrical insulation for efficient operation. Electrical insulating varnishes have thermosetting resins such as epoxy ester and alkyd resin. Increase in demand for electric appliances across the regions is anticipated to drive the demand for electric insulating varnishes.

Market Segmentation:

Electrical insulating varnish is available in the liquid form. Electrical insulating varnish is applied by spraying, trickling, and brushing method. Based on method of application, the electrical insulating varnish market can be segmented into trickle impregnation method, Vacuum-Pressure impregnation (VPI) method, and dip and flood impregnation method. Based on type of varnishes, the electrical insulating varnish market can be divided into impregnating varnish and finishing varnishes. Trickle impregnation, dip and flood impregnation, and VPI methods are used to impregnate varnish. On the other hand, brushing and spraying methods are used to apply finishing varnishes. The major disadvantage related to the dip and flood impregnation method is that the coating is applied on unwanted parts of winding. The trickle impregnation method is advantageous, as it offers no drain loss, high retention & consistent quality. In terms of demand, the trickle impregnation method segment is anticipated to account for significant share of the market during the forecast period.

Based on application, the electrical insulating varnish market can be segregated into electric motors, transformers, and generators. The electric motors segment is expected to exhibit high growth rate compared to other applications. Electric motors are primarily used in various products such as household appliances, disk drives, and industrial fans. Increase in usage of all these products for industrial as well as residential purposes is anticipated to boost the demand for electrical insulating varnishes between 2017 and 2025.

Regional Outlook

Based on region, the electrical insulating varnish market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held key share of the electrical insulating varnish market in 2016. It is likely to continue to dominate the market during the forecast period. Presence of large number electronic manufacturing companies in countries such as China, Taiwan, Japan, and India is augmenting the demand for electrical insulating varnishes in Asia Pacific.

Market Players

Prominent players operating in the electrical insulating varnish market include Elantas (part of Altana Group), Hitachi Chemical Co., Ltd., KYOCERA Corporation, and Von Roll Holding AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Please fill the Request TOC form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *