High Voltage Insulator Coating (HVIC) is used on excessive voltage insulators to forestall flashover and arcing, particular in severely contaminated environments. Since its introduction to the market in the mid 1980’s, current HVIC products are now the first products to offer the user a number of previously unavailable benefits, such as much better adhesion and superior electrical properties.
Market Analysis and Insights: Global High Voltage Insulator Coating (HVIC) Market
Due to the COVID-19 pandemic, the global High Voltage Insulator Coating (HVIC) market size is estimated to be worth US$ 209 million in 2022 and is forecast to a readjusted size of US$ 245.2 million by 2028 with a CAGR of 2.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, RTV HVIC accounting for % of the High Voltage Insulator Coating (HVIC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Electric Grid segment is altered to an % CAGR throughout this forecast period.
The major players in global High Voltage Insulator Coating (HVIC) market include Hebei Guigu Chemical, CSL Silicone, Chengdu Tuoli Technology, etc. The top 3 players occupy about 20% shares of the global market. Asia Pacific is the main market, and occupies about 80% of the global market. Enhanced/Functional HVIC is the main type, with a share about 60%. Electric Grid is the main application, which holds a share over 85%.
In terms of production side, this report researches the High Voltage Insulator Coating (HVIC) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of High Voltage Insulator Coating (HVIC) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global High Voltage Insulator Coating (HVIC) Scope and Segment
High Voltage Insulator Coating (HVIC) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global High Voltage Insulator Coating (HVIC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
RTV HVIC
Enhanced/Functional HVIC
Segment by Application
Electric Grid
Power Station
Others
By Company
Hebei Guigu Chemical
CSL Silicones
Chengdu Tuoli Technology
Dow
Wacker Chemie AG
Midsun Group
DuPont
Fujian RuiSen New Materials
Tianjin Dalu Power Technology
Shaanxi Wangyuan Power Equipment
Tianjin Guodian Xinneng Power Technology
Liaoning Hualong Power Technology
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE