Electrical Insulation Materials Market Worth $14.3 Billion B...| MENAFN.COM

Monday, 26 September 2022 07:32 GMT

Electrical Insulation Materials Market Worth $14.3 Billion By 2027 - Exclusive Report By Marketsandmarkets™'


(MENAFN- PR Newswire)

Asia Pacific leads the overall electrical insulation materials market in terms of both value and volume, followed by North America and Europe. The increasing population, urbanization, industrialization, and the availability of low-cost raw materials and labor, coupled with increasing domestic demand, makes Asia Pacific an attractive investment destination for electrical insulation materials manufacturers. These are some of the factors expected to drive the electrical insulation materials market in this region.

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The key players in this market are DuPont (US), Elantas (Germany), Krempel GMBH (Germany), Nitto Denko (Japan), Von Roll(Switzerland), ITW Formex (US), 3M (US), Haysite Reinforced Plastics (US), Vitar (China), Tesa SE (Germany), Teijin DuPont Films (Japan), and NGK Insulator (Japan).

DuPont is a leading integrated science and engineering company. DuPont's product line includes construction materials, medical devices & materials, fibers & nonwovens, water solutions, electronic solutions, adhesives, and resins. The company delivers innovative solutions through three business segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. It provides electrical insulation materials through the Water & Protection business segment under the brand name Nomex. It offers its products to various industries such as automotive, building construction, energy, printing & packaging, and safety &protection.

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