Electrical Insulation Market Research Report and Forecast up to 2024 Electrical Insulation Market - Global Industry Ana

Electrical Insulation Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
Electrical insulation is a form of material in which internally present electric charges
do not flow freely. This makes it impossible for electric current to be conducted
under the influence of an electric field. The main difference between electric
insulation and semiconductors and conductors is that the former possesses higher
resistivity, while the latter carry current with more ease. A substance is an insulator
or a conductor is normally depends on the number of free electrons it possesses,
which can be used to carry electric current. An important characteristic of insulating
material is its ability to withstand electric stress which is known as dielectric
strength. This strength is quoted in kilovolts per millimeter (Kv/mm). Previously,
ceramics and glass were the most prominently used electrical insulation material. At
present, polymer-based electrical insulation contributes a significant share in the
global electrical insulation material market.
Based on type electric insulation is classified as glass, ceramics, thermoplastic and
epoxy resin. Electrical insulation material is used in various applications such as
cables & transmission lines, power systems, electronic systems, domestic portable
appliances, and others. Based on end-use industry, the electrical insulation market
can be divided into manufacturing, transportation, infrastructure, and others.
Modernization of electricity networks, increasing usage of electric appliances, and
demand from the increasing population are factors contributing to the expansion of
the electrical insulation market.
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insulation-market.html
Consumption of thermoplastic electrical insulation is estimated to increase at a
relatively speedy rate during the forecast period. These materials are lightweight,
possess high mechanical and electric strength, and also deliver consistent
performance in harsh climatic conditions. Thermoplastic electrical insulation also
exhibit excellent voltage endurance compared to that of ceramics and a few other
materials which makes them the preferred electrical insulation type across all
regions.
Demand for electrical insulation material has been dominated by the infrastructure
segment followed by transporation and manufacturing. Rising construction activities
especially in emerging economies such as India and China along with growing
urbanization fuel its requirement for electric insulation during the projected period.