One of the most important components
for products of sensors, motor, transformers, and generators are the insulating
varnishes. Varnishes, in fact, are liquid insulators which aid in the coating
and gluing of wires together when it is cured. The properties of mechanical
integrity along with thermal conductivity are further enhanced by varnishes.
Additionally, varnishes ensure security of insulation system from
externally environmental factors. The wide applications of insulating varnishes
in the field of electromagnetic induction such as motors, sensors, and
transformers are estimated to create vast opportunities of demand and growth in
the foreseeable future.
Browse Full report on Global Electrical Insulating Varnish Market report at https://www.sheeranalyticsandinsights.com/market-report-research/global-electrical-insulating-varnish-market-21
As electrical insulating varnishes
strongly rely on its impregnation, it may be labeled as primary or secondary
insulation. The rise in usage of electric devices worldwide ensures the market
demand for electrical insulating varnishes remains high. A surge in market
demand is expected to be witnessed in various automotive industries owing to
the rise in demand for hybrid electric vehicles, and fuel-efficient electric
vehicles. Furthermore, the advantageous properties of varnishes along with its
ever-increasing usage in electrical devices will continue to propel the growth
of the market over the forecasted period.
In the recent market research reports
that were published by Sheer Analytics & Insights, the global Electrical
Insulating Varnishmarket has been segmented based on product, application, and
method of application. Based on the product, the market is segmented into wire
enamels, impregnation varnish, silicon insulating varnish, coating varnish,
bonding varnish, and others. Based on the application the global Electrical
Insulating Varnishmarket has been bifurcated in sensors, transformers, electric
tools, automobile, motors, home appliance, and others. Based on method of
application, the market has been segmented into vacuum-pressure impregnation
(VPI) method, trickle impregnation method, dip, and flood impregnation method.
The market is further segmented
into geographical region North America, Middle East & Africa, Asia-Pacific,
and Latin America. The Asia Pacific and North America are the two regions which
hold the largest market share for electrical insulating varnish. The reason for
making a significant effect on the Asia-Pacific region may be attributed to the
huge demand for hybrid electric vehicles along with the growing
presence of electronic manufacturing companies in China and Japan.
Axalta Coating Systems launched –
Voltatex 1230- a new electrical steel coating. Voltatex 1230 is an
organic-based varnish, with exceptional corrosion resistance, and insulation
properties.
Christoph Lomoschitz, Axalta’s
Global Product Manager for the Energy Solutions Business said, “Our electrical
steel coatings have an excellent reputation for delivering remarkable performance
for our customers. At Axalta we innovate with purpose. We continually strive to
introduce new products to the market that offer increased benefits and extend
our customers’ offerings; Voltatex 1230 is no exception. This new product
complements our existing Voltatex products perfectly.”
List of Companies
Covered:
·
Fupao Chemical,
·
Nitto Denko
Corporation,
·
Dongfang
Insulating,
·
Taihu Electric
among others.
Global Electrical
Insulating Varnish Market and its segmentation:
By Product Type
- Wire Enamels
- Impregnation Varnish
- Silicon Insulating Varnish
- Coating Varnish
- Bonding Varnish
- Others
By Application Type
- Sensors
- Transformers
- Electric Tools
- Automobile
- Motors
- Home Appliance
- Others
By Method of Application Type
- Vacuum-Pressure Impregnation (VPI) Method
- Trickle Impregnation Method
- Dip and Flood Impregnation Method
By Geography Type
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Browse Full report on Global Electrical Insulating Varnish Market report at https://www.sheeranalyticsandinsights.com/market-report-research/global-electrical-insulating-varnish-market-21
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