Ceramic insulator also termed as electric insulator, is used for making various types of industrial heaters or electrical resistance. It provides non-conductive bridges between electronic components. Ceramic insulators are made up of various products such as 96% alumina, magnesium oxide, silicon carbide, porcelain, vitreous china, zircon cordierite, steatite, and others. It is a good insulator product for electronic insulator owing to its various advantages, which include light weight, higher heat resistance, and its ability to handle higher voltage loads.
MARKET SCOPE
The "Global Ceramic insulator market Analysis to 2028" is a specialized and in-depth study of the Ceramic insulator market with a special focus on the global market trend analysis. The report aims to provide an overview of Ceramic insulator market with detailed market segmentation by type, application, and geography. The global Ceramic insulator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Ceramic insulator market players and offers key trends and opportunities in the Ceramic insulator market.
MARKET SEGMENTATION
- The global ceramic insulator market is segmented on the basis of type, and application.
- On the basis of type, Depending on product, the market is divided into ceramic pin insulator, ceramic strain insulator, and ceramic bushing insulator.
- On the basis of application the market is segmented into rail, transformer, and cables.
MARKET DYNAMICS
Drivers:
- Increase in infrastructural investment in various countries followed by favorable government regulations.
- Ceramic insulators are mainly preferred over its glass counterparts as they possess benefits like more resistant to external damage from installation & shipping and deliver better performance in wet conditions.
- Shift in consumer preference toward composite insulator owing to its better performance compared to ceramic insulators, is another factor that hampers the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ceramic insulator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ceramic insulator market in these regions.
IMPACT OF COVID-19 ON CERAMIC INSULATOR MARKET
Due to the COVID-19 pandemic, a temporary ban on import and export, as well as manufacturing and processing activities across multiple industries, was enforced, reducing demand for ceramic insulator from these users. As a result, market growth in the second, third, and fourth quarters of 2020 has slowed. The ceramic insulator industry, on the other hand, is predicted to recover by the second quarter of 2021, since COVID-19 immunisation has begun in a number of economies throughout the world, which is expected to boost the global economy.
MARKET PLAYERS
The report covers key developments in the ceramic insulator market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ceramic insulator market market are anticipated to lucrative growth opportunities in the future with the rising demand for ceramic insulator market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Ceramic insulator market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Shandong Zibo Insulators Co., Ltd.,
- Technical Ceramic Australia,
- ElsewedyElectric,
- Suraj Ceramics Industries,
- CJI Porcelain Pvt. Ltd.,
- Bikaner Porcelain Private Limited,
- Isolantite Manufacturing Company, Inc.,
- Aditya Birla Insulators,
- Bhatinda Ceramics Pvt. Ltd.,
- ANDI ENGINEERS.