(EnergyIndustry.Net, June 12, 2017 ) According to Publisher, the Global Electrical Insulation Materials market accounted for $7.2 billion in 2015 and is expected to grow at a CAGR of 6.64% to reach $11.2 billion by 2022. The market has experienced a robust growth fuelled by huge requirement of electrical insulation materials. Some of the key drivers impacting the market growth include, rising demand for electricity, advancements in technologies, growth in renewable energy and rapid developments in distribution networks. However, huge cost of raw materials will negatively impact the market. For more information @ http://www.reportsweb.com/electrical-insulation-materials-global-market-outlook-2016-2022 Composite Materials is the fastest growing segment in electrical insulation materials market due to high mechanical strength & electrical resistance and more effective voltage staying power in cruel climatic conditions. By geography, Asia Pacific witnessed highest market share during the forecast period owing to rapid industrialization in the region.
The market key players include Teijin Dupont Films Japan Limited, Nitto Denko Corporation, Haysite Reinforced Plastics, Krempel GmbH, Elantas Electrical Insulation- Altana AG, Tesa SE, Vitar Insulation Manufacturers Ltd, 3M Company and others.
Voltage Covered: - High Voltage - Medium Voltage - Low Voltage
Application Covered: - High Voltage Circuit Breakers - Transformer Components - Circuit Boards - Cables and Transmission Lines - Other Applications
End User Covered: - Manufacturing - Infrastructure - Transportation - Other End Users Request Sample Copy http://www.reportsweb.com/inquiry&RW0001564876/sample Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt Make an enquiry: http://www.reportsweb.com/inquiry&RW0001564876/buying