전기 절연 재료 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 유형별, 용도별, 지역별, 경쟁별(2020-2030년)

Global Electrical Insulation Materials Market was valued at USD 13.27 billion in 2024 and is expected to reach USD 19.49 billion by 2030 with a CAGR of 6.62% during the forecast period. Power is one of the crucial parts of modern infrastructure development, economic growth, and national welfare. Electric insulation prevents electric shock or discharge of positive charges into the bodies and keeps people safe from fatal injuries. Electric insulation, such as thermoplastics, epoxy resin, ceramics, and others, is essential and can work as a lifesaving tool that is used in various electrical equipment. According to a report published, California Public Utilities Commission is planning to invest 738 million USD for building electric vehicle charging stations and meet up clean air regulations by 2030. Hence, it is expected that the demand for electrical insulation materials will increase to fulfill the growing population utilization. Additionally, government regulations on trade and export, such as free trade, and bilateral and regional trade contracts, are the factors responsible for market growth, leading to increasing electrical insulation materials market share in the forecasted period.

Key Market Drivers

Electrification & Soaring Electricity Demand

Global electrification - more electric vehicles, electrified industry, heat pumps and data centers - is increasing total electricity throughput and creating a large base of new and upgraded electrical equipment that needs high-performance insulation. Worldwide electricity demand set a record in 2023, rising by about 2.2% and reaching roughly ~29,500 TWh, driven by growth in China, India and Southeast Asia; this rising demand translates directly into higher volumes of generators, transformers, switchgear, motors and cables - all core applications for insulation materials. Modern grid expansion programs (transmission and distribution upgrades) also require improved insulation systems to manage higher voltages and greater thermal stress, particularly as utilities integrate variable renewable sources and storage.

The U.S. and EU have explicitly funded grid modernization and resilience programs: the U.S. Department of Energy's grid modernization activities and targeted funding rounds (e.g., a $38 million research solicitation for grid modernization) demonstrate national-level commitments to deploy smarter, higher-capacity gear that uses advanced insulating polymers, varnishes, tapes and composite systems. In Europe, auditors and policymakers are pointing to very large investment needs to upgrade networks and avoid bottlenecks as renewables scale, which again means more insulated electrical hardware. All of this creates sustained, structural demand for electrical insulation products that offer better dielectric strength, thermal stability, fire safety and longevity - from cable jacketing to transformer varnishes to insulating pressboards.

Key Market Challenges

Costs & Carbon Pressure on Manufacturing

Electrical insulation manufacturing is energy-intensive (polymer synthesis, curing ovens, coating lines), and rising electricity and feedstock prices - together with carbon-pricing and emissions constraints - raise production costs and complicate global supply chains. Many advanced insulation materials (high-performance polymers, specialized ceramics, fluorinated compounds) require precise thermal processing and solvent handling; regulatory pressure to decarbonize industry (national climate strategies, EU Green Deal directions) means producers must invest in cleaner process technologies or pay carbon levies, raising unit costs. In Europe the scale of the grid and energy transition investments-and the auditor warnings about an investment shortfall-underscore the reality that energy prices and policy shifts materially affect industrial competitiveness. For smaller manufacturers, the need to retrofit plants for lower emissions, add controls to meet workplace safety standards, or migrate to lower-carbon feedstocks can be capital-intensive. Meanwhile, customers (utilities, OEMs) demand lower whole-life emissions from supplied materials, pushing suppliers to document embodied carbon using standards and disclosures - adding administrative and testing costs. In sum, energy-price volatility plus climate policy creates margin pressure and capital demands that can slow capacity additions or shift sourcing away from high-cost regions unless offset by subsidies or investment support.

Key Market Trends

Low-Smoke, Flame-Retardant & Fire-Safe Insulation Demand

Public safety regulators, building codes and utilities are pushing for insulation materials that minimize fire risk and toxic smoke if failures occur. Incendiary events and the public cost of fire incidents have driven regulators (building and fire authorities) and standards committees to tighten requirements for smoke density, acid gas release and flame spread - especially in enclosed spaces (tunnels, railcars, high-density data centers) and in public infrastructure. As a result, there is accelerated uptake of low-smoke, halogen-free flame-retardant (LSHF) compounds, intumescent coatings, and enhanced jacketing materials for cables and busbars. Governments and agencies that oversee transport and buildings increasingly publish guidance and procure only materials meeting low-smoke or halogen-free designations for public projects; this creates a clear incentive for suppliers to shift formulations away from legacy halogenated retardants to newer systems that meet both safety and environmental expectations. The trend dovetails with electrification in confined spaces (EV charging stations, underground distribution) where smoke and toxicity are critical failure modes and where regulators won't accept high-toxicity emissions in emergency scenarios. The practical implication is rising R&D and production for LSHF, ceramic-reinforced and silicon-based insulators that balance flame retardancy, dielectric strength and manufacturability.

Key Market Players

• DuPont de Nemours, Inc.
• Krempel GmbH
• 3M Company
• Elantas PDG, Inc.
• Nitto Denko Corporation
• Von Roll Holding AG
• Tesa SE
• ITW FORMEX - EIS Inc.
• Haysite Reinforced Plastics Limited
• NGK Insulators, Ltd.

Report Scope:

In this report, Global Electrical Insulation Materials Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Electrical Insulation Materials Market, By Type:

• Thermoplastics
• Epoxy Resins
• Ceramics
• Others

Electrical Insulation Materials Market, By Application:

• Power Systems
• Electronic Systems
• Cables & Transmission Lines
• Domestic Portable Appliances
• Others

Electrical Insulation Materials Market, By Region:

• North America
  • United States
  • Mexico
  • Canada
• Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
• Asia-Pacific
  • China
  • India
  • South Korea
  • Japan
  • Australia
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Electrical Insulation Materials Market.

Available Customizations:

Global Electrical Insulation Materials Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Global Electrical Insulation Materials Market Outlook

• 4.1. Market Size & Forecast
  • 4.1.1. By Value
• 4.2. Market Share & Forecast
  • 4.2.1. By Type (Thermoplastics, Epoxy Resins, Ceramics, Others)
  • 4.2.2. By Application (Power Systems, Electronic Systems, Cables & Transmission Lines, Domestic Portable Appliances, Others)
  • 4.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
  • 4.2.4. By Company (2024)
• 4.3. Market Map
  • 4.3.1. By Type
  • 4.3.2. By Application
  • 4.3.3. By Region

5. North America Electrical Insulation Materials Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type
  • 5.2.2. By Application
  • 5.2.3. By Country
• 5.3. Pricing Analysis
• 5.4. North America: Country Analysis
  • 5.4.1. United States Electrical Insulation Materials Market Outlook
    • 5.4.1.1. Market Size & Forecast
      • 5.4.1.1.1. By Value
    • 5.4.1.2. Market Share & Forecast
      • 5.4.1.2.1. By Type
      • 5.4.1.2.2. By Application
  • 5.4.2. Mexico Electrical Insulation Materials Market Outlook
    • 5.4.2.1. Market Size & Forecast
      • 5.4.2.1.1. By Value
    • 5.4.2.2. Market Share & Forecast
      • 5.4.2.2.1. By Type
      • 5.4.2.2.2. By Application
  • 5.4.3. Canada Electrical Insulation Materials Market Outlook
    • 5.4.3.1. Market Size & Forecast
      • 5.4.3.1.1. By Value
    • 5.4.3.2. Market Share & Forecast
      • 5.4.3.2.1. By Type
      • 5.4.3.2.2. By Application

6. Europe Electrical Insulation Materials Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Application
  • 6.2.2. By Country
• 6.3. Pricing Analysis
• 6.4. Europe: Country Analysis
  • 6.4.1. Germany Electrical Insulation Materials Market Outlook
    • 6.4.1.1. Market Size & Forecast
      • 6.4.1.1.1. By Value
    • 6.4.1.2. Market Share & Forecast
      • 6.4.1.2.1. By Type
      • 6.4.1.2.2. By Application
  • 6.4.2. Spain Electrical Insulation Materials Market Outlook
    • 6.4.2.1. Market Size & Forecast
      • 6.4.2.1.1. By Value
    • 6.4.2.2. Market Share & Forecast
      • 6.4.2.2.1. By Type
      • 6.4.2.2.2. By Application
  • 6.4.3. United Kingdom Electrical Insulation Materials Market Outlook
    • 6.4.3.1. Market Size & Forecast
      • 6.4.3.1.1. By Value
    • 6.4.3.2. Market Share & Forecast
      • 6.4.3.2.1. By Type
      • 6.4.3.2.2. By Application
  • 6.4.4. France Electrical Insulation Materials Market Outlook
    • 6.4.4.1. Market Size & Forecast
      • 6.4.4.1.1. By Value
    • 6.4.4.2. Market Share & Forecast
      • 6.4.4.2.1. By Type
      • 6.4.4.2.2. By Application
  • 6.4.5. Italy Electrical Insulation Materials Market Outlook
    • 6.4.5.1. Market Size & Forecast
      • 6.4.5.1.1. By Value
    • 6.4.5.2. Market Share & Forecast
      • 6.4.5.2.1. By Type
      • 6.4.5.2.2. By Application

7. Asia-Pacific Electrical Insulation Materials Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Pricing Analysis
• 7.4. Asia-Pacific: Country Analysis
  • 7.4.1. China Electrical Insulation Materials Market Outlook
    • 7.4.1.1. Market Size & Forecast
      • 7.4.1.1.1. By Value
    • 7.4.1.2. Market Share & Forecast
      • 7.4.1.2.1. By Type
      • 7.4.1.2.2. By Application
  • 7.4.2. Japan Electrical Insulation Materials Market Outlook
    • 7.4.2.1. Market Size & Forecast
      • 7.4.2.1.1. By Value
    • 7.4.2.2. Market Share & Forecast
      • 7.4.2.2.1. By Type
      • 7.4.2.2.2. By Application
  • 7.4.3. India Electrical Insulation Materials Market Outlook
    • 7.4.3.1. Market Size & Forecast
      • 7.4.3.1.1. By Value
    • 7.4.3.2. Market Share & Forecast
      • 7.4.3.2.1. By Type
      • 7.4.3.2.2. By Application
  • 7.4.4. South Korea Electrical Insulation Materials Market Outlook
    • 7.4.4.1. Market Size & Forecast
      • 7.4.4.1.1. By Value
    • 7.4.4.2. Market Share & Forecast
      • 7.4.4.2.1. By Type
      • 7.4.4.2.2. By Application
  • 7.4.5. Australia Electrical Insulation Materials Market Outlook
    • 7.4.5.1. Market Size & Forecast
      • 7.4.5.1.1. By Value
    • 7.4.5.2. Market Share & Forecast
      • 7.4.5.2.1. By Type
      • 7.4.5.2.2. By Application

8. South America Electrical Insulation Materials Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Pricing Analysis
• 8.4. South America: Country Analysis
  • 8.4.1. Brazil Electrical Insulation Materials Market Outlook
    • 8.4.1.1. Market Size & Forecast
      • 8.4.1.1.1. By Value
    • 8.4.1.2. Market Share & Forecast
      • 8.4.1.2.1. By Type
      • 8.4.1.2.2. By Application
  • 8.4.2. Colombia Electrical Insulation Materials Market Outlook
    • 8.4.2.1. Market Size & Forecast
      • 8.4.2.1.1. By Value
    • 8.4.2.2. Market Share & Forecast
      • 8.4.2.2.1. By Type
      • 8.4.2.2.2. By Application
  • 8.4.3. Argentina Electrical Insulation Materials Market Outlook
    • 8.4.3.1. Market Size & Forecast
      • 8.4.3.1.1. By Value
    • 8.4.3.2. Market Share & Forecast
      • 8.4.3.2.1. By Type
      • 8.4.3.2.2. By Application

9. Middle East and Africa Electrical Insulation Materials Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Pricing Analysis
• 9.4. MEA: Country Analysis
  • 9.4.1. South Africa Electrical Insulation Materials Market Outlook
    • 9.4.1.1. Market Size & Forecast
      • 9.4.1.1.1. By Value
    • 9.4.1.2. Market Share & Forecast
      • 9.4.1.2.1. By Type
      • 9.4.1.2.2. By Application
  • 9.4.2. Saudi Arabia Electrical Insulation Materials Market Outlook
    • 9.4.2.1. Market Size & Forecast
      • 9.4.2.1.1. By Value
    • 9.4.2.2. Market Share & Forecast
      • 9.4.2.2.1. By Type
      • 9.4.2.2.2. By Application
  • 9.4.3. UAE Electrical Insulation Materials Market Outlook
    • 9.4.3.1. Market Size & Forecast
      • 9.4.3.1.1. By Value
    • 9.4.3.2. Market Share & Forecast
      • 9.4.3.2.1. By Type
      • 9.4.3.2.2. By Application

10. Market Dynamics

• 10.1. Drivers.
• 10.2. Challenges

11. Market Trends & Developments

• 11.1. Recent Development
• 11.2. Product launch
• 11.3. Merger and Acquisition

12. Global Electrical Insulation Materials Market: SWOT Analysis

13. Porter's Five Forces Analysis

• 13.1. Competition in the Industry
• 13.2. Potential of New Entrants
• 13.3. Power of Suppliers
• 13.4. Power of Customers
• 13.5. Threat of Substitute Product

14. Competitive Landscape

• 14.1. DuPont de Nemours, Inc.
  • 14.1.1. Business Overview
  • 14.1.2. Company Snapshot
  • 14.1.3. Products & Services
  • 14.1.4. Financials (As Reported)
  • 14.1.5. Recent Developments
  • 14.1.6. Key Personnel Details
  • 14.1.7. SWOT Analysis
• 14.2. Krempel GmbH
• 14.3. 3M Company
• 14.4. Elantas PDG, Inc.
• 14.5. Nitto Denko Corporation
• 14.6. Von Roll Holding AG
• 14.7. Tesa SE
• 14.8. ITW FORMEX - EIS Inc.
• 14.9. Haysite Reinforced Plastics Limited
• 14.10. NGK Insulators, Ltd.

15. Strategic Recommendations

16. About Us & Disclaimer