Electrotechnical Paper Market Overview
Electrotechnical paper is gaining significant traction because of its extensive application across a broad range of applications in transformers, motors, and cables, to name a few. This paper is used for insulation purposes, is broadly employed in electrically conducting materials, and prevents accidental electrical shocks. Moreover, the expansion of the electrotechnical paper market size in primarily driven by power network upgrades to improve access towards energy.
However, concerns over the COVID-19 pandemic have restricted the short-term growth of the market, as several investment activities to set-up grid infrastructure have been halted. Due to the pandemic, key manufacturers are witnessing fluctuation in demand, which mainly changes market trends. In a new study, Fact.MR has estimated that the global electrotechnical paper market will reach a valuation of US$ 1.5 Bn by 2030.
Electrotechnical Paper Market Insights by Application
Electrotechnical paper used in transformers is one of the most prominent applications and is expected to account for 46% of the market share, by reaching a valuation of US$ 434 Mn by the end of 2020. Widespread presence of electricity has surged the need for transformers. Demand for transformers is contingent on the need for electricity, as the modern world extensively relies on electrical grids. This, in turn, is expected to supplement the growth of the electrotechnical paper market, as it serves as insulation of transformers.
In addition, several transmission and distribution projects in developing economies are expected to create demand for transformers, owing to the need for grid reliability and stability. Such projects are expected to propel demand in the electrotechnical paper market space. Further, electrotechnical paper has a replacement cycle of 6-8 months in transformers, which, in turn, is expected to boost the sales of electrotechnical paper during the forecast period.
Electrotechnical Paper Market Insights by Sales Channel
Among the sales channels, the aftermarket (replacement) sales channel is expected to capture around 77% of the market share in 2020. Electrotechnical paper has a high-replacement cycle, which is expected to unlock growth avenues for the electrotechnical paper market during the forecast period. Further, manufacturers in the electrotechnical paper market are focusing on collaborating directly with power and distribution authorities and industry players, which, in turn, is supporting direct sales.
On the other hand, e-Commerce websites have gained significant popularity for electrotechnical paper. North America and Europe are the most affected regions by the COVID-19 pandemic. The outbreak has shifted consumer focus towards e-Commerce platforms. This, in turn, will push manufacturers to offer their products through third-party online sales channels.
To understand the influence of each sales channel on the electrotechnical paper market, ask an expert analyst
Regional Outlook of Electrotechnical Paper Market
North America is expected to dominate the electrotechnical paper market share, followed by Europe, in 2020, and is foreseen to maintain its dominance in terms of value as well as volume over the forecast period. Aging and inadequate transmission and distribution infrastructure in the region is foreseen to drive the sales of electrotechnical paper. The region is estimated to exhibit a CAGR of 5.4% over the forecast period.
As per the US Department of Energy (DOE), nearly 70% of transformers are 25 years old. Therefore, owing to grid congestion and aging transformers, the government is taking measures to expand investments in transmission and distribution infrastructure. An upsurge in government spending is expected to propel demand for T&D, in turn, boosting the electrotechnical paper market.
For more valuable insights on regional markets for electrotechnical paper, request a report sample
Electrotechnical Paper Market: Competitive Landscape
The electrotechnical paper market is highly fragmented in nature, with the presence of a large number of local players. Some of the prominent players in the market are Ahlstrom-MunksjöOyj, 3M Co., Hitachi ABB Power Grids, and Weidmann Electrical Technology AG, among others.
These players are focusing on expanding their reach by entering into several agreements with industry players. Through these agreements, companies are emphasizing on strengthening their market presence to gain a competitive advantage over other players.
- For instance, in 2020, Hitachi ABB Power Grid signed a definitive agreement for the acquisition of U.S.-based Pioneer Solutions LLC. Through this, the company will expand its existing Energy Portfolio Management offering to create new value for energy market participants.
COVID-19 Impact on Electrotechnical Paper Market
The effects of COVID-19 have been profound in recent times, which is thereby having significant implications on various sectors. Electrotechnical technical paper is used in transformers and power grids, and owing to high-investment cost to set up new grid infrastructure, investment activities have been suspended. This, in turn, will have major ramifications on the global electrotechnical paper market in the short term. Moreover, companies operating in the market also engage in export of insulation paper, and the outbreak of COVID-19 has put a hold on the movement of goods.
However, manufacturers are focusing on maintaining strong relationships with customers and suppliers in order to ensure uninterrupted access to products that their customers rely upon. Moreover, post COVID-19 crisis, manufacturers will focus on increasing their presence in developing countries and will ramp up production to meet industry demand. Thus, in the long run, the electrotechnical paper market is anticipated to regain its original momentum.
The Analyst’s Viewpoint
“The unprecedented impact of COVID-19 will have short-term implications on the electrotechnical paper market. Expansion of the market will rely on the replacement cycle of electrotechnical paper in several applications, which will enable manufacturers to meet demand. Further, increasing demand for reliable power delivery will foster growth of the electrotechnical papers market.”
Global Electrotechnical Paper Market: Scope of the Report
A recent global electrotechnical paper market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on key drivers, restraints, opportunities, and threats to the expansion of the global electrotechnical paper market. A detailed segmental analysis based on product, application, and sales channel has been provided in the report.
Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the global electrotechnical paper market. In addition, a separate section on the market structure has also been provided. This section provides detailed analysis of key market players and the strategies for expansion in the electrotechnical paper market.
Global Electrotechnical Paper Market - Scope of the Report
Fact.MR recently published a market study on the global market for electrotechnical paper. The study provides detailed assessment on key market dynamics, including the drivers, trends, opportunities, restraints, and detailed information about the electrotechnical paper market structure. The market study presents exclusive information about how the electrotechnical paper market will grow during the forecast period of 2020-2030.
Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in Fact.MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the electrotechnical paper market during the forecast period.
The study is relevant for stakeholders in the electrotechnical paper market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the electrotechnical paper market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the Fact.MR study.
The study also includes statistics as well as facts related to the macro- as well as micro-economic factors that are impacting developments in the electrotechnical paper market. It also offers actionable insights based on future trends in the electrotechnical paper market. Furthermore, small businesses and new entrants in the electrotechnical paper market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.
Key Segments of Electrotechnical Paper Market
Fact.MR’s study on the electrotechnical paper market offers information divided into four key segments— product, application, sales channel, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
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- Which regions will continue to remain the most profitable regional markets for electrotechnical paper market players?
- Which factors will induce a change in the demand for electrotechnical paper during the assessment period?
- How will changing trends impact the electrotechnical paper market?
- How can market players capture the low-hanging opportunities in the electrotechnical paper market in developed regions?
- Which companies are leading the electrotechnical paper market?
- What are the winning strategies of stakeholders in the electrotechnical paper market to upscale their position in this landscape?
Electrotechnical Paper Market: Research Methodology
In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the electrotechnical paper market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary research and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.
Secondary resources referred to by Fact.MR analysts during the preparation of the electrotechnical paper market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the electrotechnical paper market report as a primary resource.
Electrotechnical Paper Market: In-depth Analysis on Competitive Landscape
The report sheds light on the leading manufacturers of electrotechnical paper, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of electrotechnical paper has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take pre-emptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status and predicting the competition level in the electrotechnical paper market.
Global Electrotechnical Paper Market: Table of Contents
1. Executive Summary
1.1. Global Market Overview
1.2. Global Electrotechnical Paper Market – Regional Overview
1.3. Analysis and Recommendations by Fact.MR
2. Market Overview
2.1. Market Introduction and Definition
2.2. Research Scope
3. Market Risks &Trends Assessment
3.1. COVID-19 Hotspot
3.2. Global COVID-19 Outbreak Intensity
3.3. Before Corona Outbreak Global GDP Scenario
3.4. After Corona Outbreak Global GDP Predictions and Comparison Of Financial Crisis with COVID 19
3.5. Industries Affected By Outbreak
3.6. Impact of COVID-19 by Region
3.7. COVID-19 Impact Benchmark with Previous Crisis
3.8. Impact of Coronavirus Outbreak on Electrotechnical Paper Market
4. Market Background
4.1. Global Energy and Power Industry Outlook
4.2. Global Electrical Equipment Market Overview
4.3. Key Regulations and Guidelines
4.4. Global Industrialization Market Outlook
4.5. Global Transformer Market Growth Outlook
4.6. Electrotechnical Paper - Evolution and Transition with Timeline
4.7. Recent Developments in Electrotechnical Paper Industry
4.8. Growth and Development Patterns in Electrotechnical Paper Market
4.9. Market White Space Assessment And Opportunity Analysis
4.10. Recent Development in Electrotechnical Paper Market, By Market Players
4.11. Competitive Scenario and Trends
4.11.1. Electrotechnical Paper Market Concentration Rate
4.11.2. List of Emerging, Prominent and Leading Players
4.11.3. Mergers & Acquisitions
4.12. Scenario Forecast
(Demand in optimistic, likely, and conservative market conditions)
4.13. Policy and Regulatory Landscape
4.14. Macro-Economic Factors
4.15. Forecast Factors - Relevance & Impact
4.16. Market Dynamics
4.16.1. Market Driving Factors and Impact Assessment
4.16.2. Prominent Market Challenges and Impact Assessment
4.16.3. Electrotechnical Paper Market Opportunities
4.16.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Global Electrotechnical Paper Market – Price Point Analysis
5.1. Regional Pricing Analysis
5.2. Pricing Break-up
5.3. Global Average Pricing Analysis Benchmark
6. Global Electrotechnical Paper Market Demand Analysis 2015-2019 and Forecast, 2020-2030
6.1. Historical Market Value and Volume Analysis, 2015-2019
6.2. Current and Future Market Value and Volume Projections, 2020-2030
7. Global Electrotechnical Paper Market Analysis 2015-2019and Forecast 2020-2030, By Product
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Product, 2015-2019
7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Product, 2020-2030
7.3.1. Presspaper
7.3.2. Diamond Dotted Presspaper
7.3.3. Presspaper with Polyester Film
7.3.4. Crepe Paper
7.3.5. Aluminium Crepe Paper
7.4. Market Attractiveness Analysis By Product
8. Global Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030, by Application
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2015-2019
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2020-2030
8.3.1. Cables
8.3.2. Transformers
8.3.3. Motors
8.3.4. Others
8.4. Market Attractiveness Analysis By Application
9. Global Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030, by Sales Channel
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2015-2019
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel,2020-2030
9.3.1. OEM (First Fit)
9.3.2. Aftermarket (Replacement)
9.3.2.1. Direct Sales
9.3.2.2. Retail Sales
9.3.2.3. Third Party Online Sales
9.4. Market Attractiveness Analysis By Sales Channel
10. Global Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030, by Region
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2015-2019
10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2020-2030
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia&Oceania
10.3.6. MEA (Middle East and Africa)
10.4. Market Attractiveness Analysis By Region
11. North America Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
11.3.1. By Country
11.3.1.1. U.S.
11.3.1.2. Canada
11.3.2. By Product
11.3.3. By Application
11.3.4. By Sales Channel
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Product
11.4.3. By Application
11.4.4. By Sales Channel
12. Latin America Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
12.3.1. By Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Rest of Latin America
12.3.2. By Product
12.3.3. By Application
12.3.4. By Sales Channel
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Product
12.4.3. By Application
12.4.4. By Sales Channel
13. Europe Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
13.3.1. By Country
13.3.1.1. Germany
13.3.1.2. France
13.3.1.3. Italy
13.3.1.4. Spain
13.3.1.5. UK
13.3.1.6. BENELUX
13.3.1.7. Russia
13.3.1.8. Rest of Europe
13.3.2. By Product
13.3.3. By Application
13.3.4. By Sales Channel
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Product
13.4.3. By Application
13.4.4. By Sales Channel
14. East Asia Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
14.3.1. By Country
14.3.1.1. China
14.3.1.2. Japan
14.3.1.3. South Korea
14.3.2. By Product
14.3.3. By Application
14.3.4. By Sales Channel
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Product
14.4.3. By Application
14.4.4. By Sales Channel
15. South Asia & Oceania Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
15.3.1. By Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Indonesia
15.3.1.4. Malaysia
15.3.1.5. Australia
15.3.1.6. Rest of South Asia& Oceania
15.3.2. By Product
15.3.3. By Application
15.3.4. By Sales Channel
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Product
15.4.3. By Application
15.4.4. By Sales Channel
16. Middle East & Africa Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030
16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2015-2019
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
16.3.1. By Country
16.3.1.1. GCC Countries
16.3.1.2. Turkey
16.3.1.3. South Africa
16.3.1.4. Rest of MEA
16.3.2. By Product
16.3.3. By Application
16.3.4. By Sales Channel
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Product
16.4.3. By Application
16.4.4. By Sales Channel
17. Global Electrotechnical Paper Market Analysis 2015-2019 and Forecast 2020-2030, Key Country Analysis
17.1. U.S. Electrotechnical Paper Market Analysis
17.1.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.1.1.1. By Product
17.1.1.2. By Application
17.1.1.3. By Sales Channel
17.2. Canada Electrotechnical Paper Market Analysis
17.2.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.2.1.1. By Product
17.2.1.2. By Application
17.2.1.3. By Sales Channel
17.3. Brazil Electrotechnical Paper Market Analysis
17.3.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.3.1.1. By Product
17.3.1.2. By Application
17.3.1.3. By Sales Channel
17.4. Mexico Electrotechnical Paper Market Analysis
17.4.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.4.1.1. By Product
17.4.1.2. By Application
17.4.1.3. By Sales Channel
17.5. Germany Electrotechnical Paper Market Analysis
17.5.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.5.1.1. By Product
17.5.1.2. By Application
17.5.1.3. By Sales Channel
17.6. Spain Electrotechnical Paper Market Analysis
17.6.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.6.1.1. By Product
17.6.1.2. By Application
17.6.1.3. By Sales Channel
17.7. Italy Electrotechnical Paper Market Analysis
17.7.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.7.1.1. By Product
17.7.1.2. By Application
17.7.1.3. By Sales Channel
17.8. UK Electrotechnical Paper Market Analysis
17.8.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.8.1.1. By Product
17.8.1.2. By Application
17.8.1.3. By Sales Channel
17.9. France Electrotechnical Paper Market Analysis
17.9.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.9.1.1. By Product
17.9.1.2. By Application
17.9.1.3. By Sales Channel
17.10. BENELUX Electrotechnical Paper Market Analysis
17.10.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.10.1.1. By Product
17.10.1.2. By Application
17.10.1.3. By Sales Channel
17.11. Russia Electrotechnical Paper Market Analysis
17.11.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.11.1.1. By Product
17.11.1.2. By Application
17.11.1.3. By Sales Channel
17.12. China Electrotechnical Paper Market Analysis
17.12.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.12.1.1. By Product
17.12.1.2. By Application
17.12.1.3. By Sales Channel
17.13. Japan Electrotechnical Paper Market Analysis
17.13.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.13.1.1. By Product
17.13.1.2. By Application
17.13.1.3. By Sales Channel
17.14. South Korea Electrotechnical Paper Market Analysis
17.14.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.14.1.1. By Product
17.14.1.2. By Application
17.14.1.3. By Sales Channel
17.15. India Electrotechnical Paper Market Analysis
17.15.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.15.1.1. By Product
17.15.1.2. By Application
17.15.1.3. By Sales Channel
17.16. Thailand Electrotechnical Paper Market Analysis
17.16.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.16.1.1. By Product
17.16.1.2. By Application
17.16.1.3. By Sales Channel
17.17. Malaysia Electrotechnical Paper Market Analysis
17.17.1. Market Volume (Units) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
17.17.1.1. By Product
17.17.1.2. By Application
17.17.1.3. By Sales Channel
17.18. Indonesia Electrotechnical Paper Market Analysis
17.18.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.18.1.1. By Product
17.18.1.2. By Application
17.18.1.3. By Sales Channel
17.19. Australia Electrotechnical Paper Market Analysis
17.19.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.19.1.1. By Product
17.19.1.2. By Application
17.19.1.3. By Sales Channel
17.20. GCC Countries Electrotechnical Paper Market Analysis
17.20.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.20.1.1. By Product
17.20.1.2. By Application
17.20.1.3. By Sales Channel
17.21. South Africa Electrotechnical Paper Market Analysis
17.21.1. Value (US$ Mn) Share Analysis and Forecast by Market Taxonomy
17.21.1.1. By Product
17.21.1.2. By Application
17.21.1.3. By Sales Channel
18. Market Structure Analysis
18.1. Global Electrotechnical Paper Market Competition - a Dashboard View
18.2. Market Structure Analysis
18.3. Market Tier Structure Analysis
19. Competition Analysis
19.1. Ahlstrom-Munksjö Oyj
19.2. 3M Co
19.3. Von Roll Holding AG
19.4. Weidmann Electrical Technology AG
19.5. Hitachi ABB Power Grids
19.6. DuPont de Nemours, Inc.
19.7. Nordic Paper Holding AB
19.8. Delfort Group AG
19.9. Kämmerer Paper GmbH
19.10. Cottrell Paper Company
19.11. Miki Tokushu Paper MFG. CO., Ltd.
19.12. Paramount Tube
20. Research Approach
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Electrotechnical Paper Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030