According to a market report by Lucintel, the future of the global mica tape for insulation market looks promising with opportunities in the industrial/traction motor & coil, transformer manufacturing, locomotive, wind power/renewable energy, and generator manufacturing markets. The global mica tape for insulation market is expected to reach an estimated $1 billion by 2030 at a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increase in the utilization of traction motors and coils, growing need for electric vehicles and sustainable energy alternatives, and stringent regulations and industry-specific guidelines for ensuring fire safety.
A more
than 150-page report to understand trends, opportunity and forecast in global mica
tape for insulation market to 2030 by product (phlogopite, muscovite, and
synthetic mica), application (thermal insulation and electrical insulation),
end use (industrial / traction motor & coils, transformer manufacturing,
locomotive, wind power/renewable energy, and generator manufacturing), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that thermal insulation is expected to witness higher growth over the
forecast period due to features include low dissipation factor, great tensile
strength, high thermal conductivity, and dielectric strength.
Within
this market, industrial / traction motor & coil will remain the largest
segment due to mica tape used in all high-voltage coils, particularly muscovite
mica tapes as it has superior electrical purity.
Download
sample by clicking on mica tape
for insulation market.
Axim Mica,
Brantingham and Carroll International, Chhaperia International, Cogebi,
Dongguan Yat Mica, Elecom Tape, Electrolock, Elkem, Final Advanced Materials,
Glory Mica are the major suppliers in
the mica tape for insulation
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Smartphone Screen Protector Market
Visitor Management System Market
No comments:
Post a Comment