QYR Market Research Global Electrical Insulation Paper market research | Page 4
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The market is majorly driven by the increasing demand from the
electrical, and electronics industry verticals. The electrical
insulation paper market is expanding significantly due to increasing
applications in cable insulation, capacitor insulation, conductor
insulation, transformer insulation, electrical bushings, and
transformer winding. Moreover, the market is growing due to the
increasing industrialization and urbanization in developing economies.