© 2016 Global Market Insights, Inc. USA. All Rights Reserved Electrical Insulation Coatings Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific constitutes a major chunk in the global electrical insulation coatings market and is anticipated to grow in future as a result of rising demand from electrical & electronics industry in the region. Growth in the region is also attributed to increasing urbanization, investment in building power distribution & transmission infrastructure coupled with easy accessibility of raw materials from China. On the other hand, Europe has been experiencing a slow growth due to stringent government regulation related to volatile organic compounds emissions. Also, declining manufactures in France is expected to affect the overall supply in the region.electrical insulation coatings market Regional Analysis of Electrical Insulation Coatings Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Electrical Insulation Coatings Market :  Based on applications, the electrical insulation coatings market is segmented into electrical & electronics, automotive, medical, aerospace and others. Electrical devices like generators, motor and transformers are primarily responsible for driving electrical insulation coatings demand. The products are generally used in electrical power distribution, electrical modules and housings, resistors, capacitors and in passive electronics equipment. Increasing power generation activities in emerging economies is projected to make noteworthy impact on the overall market size in the upcoming years.  Growing electricity consumption mainly in the emerging economies has led to expansion of power generation projects, which will trigger product demand and thus result in driving the overall electrical insulation coatings market size by Increasing demand from energy conversion and electronics products is another factor influencing the market growth. A major share of the demand is expected to be emerging from developed nations. For instance, installed capacity of large sized transformers in the U.S. is quite high.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Electrical Insulation Coatings Market :  Stringent government regulations and unstable volatile raw materials are few factors likely to restrict the electrical insulation coatings market growth in the forthcoming years. China is one of the major producers of powder coatings and resins. Strict regulations regarding VOC and limited government support are few factors effecting the raw materials supply from China which resulted in higher production cost. However, growing product demand from consistently advancing electronics industry will help generate positive outlooks for the overall business size by 2025.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Electrical Insulation Coatings Market :  The electrical insulation coatings market is also segmented on the basis of raw materials as epoxy, PTFE, ceramic and others. Epoxy is the among the largest used raw material in the production of electrical insulation coatings. This is due to its excellent properties which are dimensional stability, excellent dielectric strength, mechanical strength and a good ability to resist vibration. PTFE is another mostly used raw material in the market. As China is the major PTFE supplier and therefore lack of government support to manufactures in the country which will result in achieving low to moderate gains in future.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the key electrical insulation coatings market players are Elantas GmbH, PPG Industries, 3M Company, AkzoNobel N.V. and Evonik Industries. The market is experiencing a high industry rivalry and hence manufactures are highly focused on adopting innovative strategies to compete with other players. For instance, Akzo Nobel recently launched a new powder base coating named Interpon. The product covers small defects in metals and also offers improved energy efficiency as compared to other products. Competitive Market Share of Electrical Insulation Coatings Market :

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