Dry Transformer Insulation Market by Type (Coatings (Electrical Insulation, Fire-Resistance & Thermal Protection, Moisture & Environmental Protection), Solid Insulators (Electrical Insulation, Bushings & Terminals, Other)), Component (Winding, Core, Enclosure, Bushing, Spacers & Supporters), and Region - Global Forecast to 2030
Market Report I 2025-05-30 I 264 Pages I MarketsandMarkets
The dry transformer insulation market is projected to reach USD 1.21 billion by 2030 from USD 0.93 billion in 2025, at a CAGR of 5.5% during the forecast period. The market for dry transformer insulation is predominantly driven by increased installations in both commercial and residential sectors, reflecting a growing demand for reliable and safe electrical power distribution. The necessity for compact and efficient electrical systems is heightened with the ongoing urbanization and infrastructure expansion. As development progresses, there is a notable trend of replacing wet insulation systems with dry transformer solutions, given their low maintenance requirements and fire-resistant properties. Additionally, stringent regulations regarding safety and environmental standards are propelling market growth. Dry transformer insulation systems utilize non-toxic, environmentally friendly materials that align with green building initiatives and sustainability goals. The global movement toward energy efficiency and minimizing carbon footprints further enhances the appeal of dry-type transformers within modern electrical networks.
Moreover, the advancement of smart grid technologies is stimulating demand as these sophisticated systems require advanced, reliable, and environmentally sustainable transformer options. Consequently, dry insulation technologies present a viable solution. However, the market is not without its challenges. The high cost associated with dry transformer coatings can deter potential customers, particularly those in cost-sensitive markets or less demanding geographical regions. Furthermore, the thermal limitations inherent in dry transformer coatings restrict their applicability in scenarios that involve consistently high loads or elevated temperatures, where oil-filled alternatives may be more appropriate.
"Coatings is second fastest-growing type segment in dry transformer insulation market during forecast period"
Coatings represent the second fastest-growing segment in the dry transformer insulation market, primarily due to their critical role in enhancing the performance, safety, and durability of transformers. These specially formulated products provide an added layer of protection for transformer components, significantly improving resistance to moisture, dust, chemicals, and thermal stress factors that can lead to component degradation over time.
As the demand for transformers increases, driven by urban infrastructure development, renewable energy projects, and the integration of smart grids, the reliability and performance of insulation and transformers themselves become mission-critical. Consequently, coatings are emerging as a focal solution to meet customer expectations for extended lifespan and reduced maintenance needs regarding insulation. The introduction of innovative coatings, many of which are eco-friendly and fire-resistant, enhances their appeal, particularly for clients located in environmentally sensitive areas with heightened fire risks. Furthermore, coatings are gaining traction due to their ease of application during manufacturing and refurbishment processes, requiring less time, resources, and capital than traditional insulation methods.
"Core segment to hold second-largest share of dry transformer insulation market during forecast period"
In the dry transformer insulation market, core insulation commands the second-largest market share during the forecast period. The significance of core insulation in transformer applications cannot be overstated, as it is crucially linked to the performance, efficiency, and reliability of a transformer. The core, being the primary magnetic component, is integral to the efficient transfer of energy between windings while minimizing losses through optimal insulation. Cores are engineered to withstand both thermal and electrical stress, necessitating the use of high-performance insulation materials with advanced characteristics. The demand for core insulation materials has evolved in response to the trend towards smaller, more efficient dry-type transformers, particularly within urban infrastructure and industrial applications where compactness is essential. While the majority of insulation materials are predominantly utilized within the windings, the core remains a critical factor due to its direct correlation with transformer losses and the overall operational life cycle. Innovations in amorphous metal cores, resin-based insulation systems, and a heightened emphasis on insulation strength, loss minimization, fire safety, and energy efficiency have intensified the focus on core insulation.
Furthermore, recent advances in energy efficiency and fire safety regulations have bolstered the demand for high-performance core insulation systems, making them a vital consideration in the evolving landscape of transformer technology.
"Asia Pacific to account for largest share of dry transformer insulation market during forecast period"
Asia Pacific holds the largest share of the dry transformer insulation market, driven by rapid economic growth, advancements in power infrastructure, and a heightened focus on energy efficiency. Key players such as China, India, Japan, and South Korea have significantly bolstered growth through substantial investments in urbanization, industrialization, and renewable energy initiatives.
China, in particular, leads the way with large-scale projects focused on rural electrification and comprehensive grid modernization, which necessitate safe and reliable transformer systems. Dry-type transformers are frequently favored in urban environments due to their reduced fire risk and lower maintenance requirements. This preference extends to critical applications, including hospitals, data centers, and commercial buildings. In India, the government's commitment to rural electrification and the implementation of smart grid technologies under the "Power for All" initiative has further stimulated demand for dry transformers. The region's strong manufacturing base and innovation-driven strategies of key market players in transformer insulation materials enhance its competitive edge. Additionally, government policies promoting clean energy and stringent safety standards are driving the adoption of advanced insulating materials in dry transformers. Collectively, these factors contribute to the region's high electricity consumption and ongoing infrastructure development, positioning Asia Pacific as the largest and fastest-growing market for dry transformer insulation globally.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments, and the information was gathered through secondary research.
The break-up of primary interviews is given below:
- By Department: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%
- By Designation: C Level: 35%, Director Level: 30%, and Executives: 35%
- By Region: North America: 25%, Europe: 45%, Asia Pacific: 20%, South America: 5%, Middle East & Africa 5%
3M (US), The Sherwin-Williams Company (US), PPG Industries, Inc. (US), DuPont (US), WEG (Brazil), Huntsman International LLC (US), ALTANA AG (Germany), Krempel GmbH (Germany), PUCARO Electrical Insulation GmbH (Germany), and Kansai Altan (Turkey) are some of the key players in the dry transformer insulation market.
The study includes an in-depth competitive analysis of these key players in the authentication and brand
protection market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The market study covers the dry transformer insulation market across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on type, component, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments, and key growth strategies they adopted to improve their position in the dry transformer insulation market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall dry transformer insulation market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following points:
- Analysis of key drivers (Rising installations in commercial and residential areas, Increasing stringent safety and environmental regulations, supporting sustainability and green building goals, expansion of smart grid technologies), restraints (High initial cost of dry transformer coatings, thermal limitations of dry transformer coatings), opportunities (Advancements of coating technologies, rapid expansion of renewable energy projects), challenges (Complex manufacturing and application processes).
- Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and new product & service launches in the dry transformer insulation market
- Market Development: Comprehensive information about lucrative markets the report analyses the dry transformer insulation market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the dry transformer insulation market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like 3M (US), The Sherwin-Williams Company (US), PPG Industries, Inc. (US), DuPont (US), WEG (Brazil), Huntsman International LLC (US), ALTANA AG (Germany), Krempel GmbH (Germany), PUCARO Electrical Insulation GmbH (Germany), and Kansai Altan (Turkey) are the top manufacturers covered in the dry transformer insulation market.
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 26
1.3.1 DRY TRANSFORMER INSULATION MARKET SEGMENTATION
AND REGIONAL SCOPE 26
1.3.2 INCLUSIONS AND EXCLUSIONS 27
1.3.3 YEARS CONSIDERED 27
1.3.4 CURRENCY CONSIDERED 27
1.3.5 UNITS CONSIDERED 28
1.4 STAKEHOLDERS 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources 30
2.1.1.2 Key data from secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Key data from primary sources 31
2.1.2.2 List of primary interview participants-demand and supply side 32
2.1.2.3 Key industry insights 32
2.1.2.4 Breakdown of interviews with experts 33
2.2 MARKET SIZE ESTIMATION 33
2.2.1 BOTTOM-UP APPROACH 34
2.2.2 TOP-DOWN APPROACH 34
2.3 FORECAST NUMBER CALCULATION 35
2.4 DATA TRIANGULATION 36
2.5 FACTOR ANALYSIS 37
2.6 ASSUMPTIONS 37
2.7 LIMITATIONS & RISKS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN
DRY TRANSFORMER INSULATION MARKET 43
4.2 DRY TRANSFORMER INSULATION MARKET, BY TYPE 43
4.3 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT 44
?
4.4 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION 44
4.5 DRY TRANSFORMER INSULATION MARKET, BY COUNTRY 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
5.2.1 DRIVERS 47
5.2.1.1 Rising installations in commercial and residential areas 47
5.2.1.2 Increasingly stringent safety and environmental regulations supporting sustainability and green building goals 47
5.2.1.3 Expansion of smart grid technologies 50
5.2.2 RESTRAINTS 51
5.2.2.1 High initial costs of dry transformer coatings 51
5.2.2.2 Thermal limitations of dry transformer coatings 51
5.2.3 OPPORTUNITIES 52
5.2.3.1 Advancements in coating technologies 52
5.2.3.2 Rapid expansion of renewable energy projects 52
5.2.4 CHALLENGES 53
5.2.4.1 Complex manufacturing and application processes 53
5.3 PORTER'S FIVE FORCES ANALYSIS 54
5.3.1 THREAT OF NEW ENTRANTS 55
5.3.2 THREAT OF SUBSTITUTES 55
5.3.3 BARGAINING POWER OF SUPPLIERS 55
5.3.4 BARGAINING POWER OF BUYERS 56
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 56
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA 57
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 57
5.4.2 BUYING CRITERIA 58
5.5 MACROECONOMIC INDICATORS 59
5.5.1 GLOBAL GDP TRENDS 59
6 INDUSTRY TRENDS 61
6.1 INTRODUCTION 61
6.2 VALUE CHAIN ANALYSIS 61
6.3 REGULATORY LANDSCAPE 63
6.3.1 REGULATIONS 63
6.3.1.1 North America 63
6.3.1.2 Asia Pacific 63
6.3.1.3 Europe 64
6.3.2 STANDARDS 64
6.3.2.1 IEEE C57.12.01 - General requirements for dry-type distribution and power transformers 64
6.3.2.2 ISO 12944 - Paints and varnishes - corrosion protection of steel structures 65
6.3.2.3 ASTM D3359 - Standard test methods for measuring adhesion by tape test 65
6.3.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65
6.4 TRADE ANALYSIS 67
6.4.1 IMPORT SCENARIO (HS CODE 850434) 67
6.4.2 EXPORT SCENARIO (HS CODE 850434) 68
6.5 ECOSYSTEM ANALYSIS 70
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 71
6.7 CASE STUDY ANALYSIS 72
6.7.1 EXTENDING TRANSFORMER LIFESPAN AND ENHANCING GRID RESILIENCE THROUGH ADVANCED PROTECTIVE COATINGS AMID SUPPLY CHALLENGES 72
6.8 TECHNOLOGY ANALYSIS 72
6.8.1 KEY TECHNOLOGIES 73
6.8.1.1 Epoxy resin coating 73
6.8.1.2 Nanocomposite coatings 73
6.8.2 COMPLEMENTARY TECHNOLOGIES 74
6.8.2.1 Vacuum Pressure Impregnation (VPI) 74
6.8.2.2 Surface preparation techniques 74
6.9 KEY CONFERENCES AND EVENTS, 2025-2026 75
6.10 PATENT ANALYSIS 75
6.10.1 METHODOLOGY 76
6.10.2 DOCUMENT TYPES 76
6.10.3 PUBLICATION TRENDS IN LAST 10 YEARS 77
6.10.4 INSIGHTS 77
6.10.5 LEGAL STATUS OF PATENTS 77
6.10.6 JURISDICTION ANALYSIS 78
6.10.7 TOP APPLICANTS 79
6.11 IMPACT OF AI/GEN AI ON DRY TRANSFORMER INSULATION MARKET 80
6.12 PRICING ANALYSIS 81
6.12.1 AVERAGE SELLING PRICE, BY REGION, 2022-2024 81
6.12.2 AVERAGE SELLING PRICE OF DRY TRANSFORMER INSULATION OF KEY PLAYERS, BY APPLICATION, 2024 81
6.12.3 AVERAGE SELLING PRICE TREND, BY TYPE, 2022-2024 82
6.13 IMPACT OF 2025 US TARIFF ON DRY TRANSFORMER INSULATION MARKET 82
6.13.1 KEY TARIFF RATES IMPACTING MARKET 82
6.13.2 PRICE IMPACT ANALYSIS 83
6.13.3 KEY IMPACTS ON VARIOUS REGIONS/COUNTRIES 83
6.13.4 IMPACT ON END-USE INDUSTRIES 84
?
7 DRY TRANSFORMER INSULATION MARKET, BY TYPE 85
7.1 INTRODUCTION 86
7.2 COATINGS 89
7.2.1 DEMAND FOR SAFE AND EFFICIENT TRANSFORMER OPERATION TO DRIVE MARKET 89
7.2.2 ELECTRICAL INSULATION COATINGS 89
7.2.2.1 Protection against electrical leakage and enhanced electrical strength to boost market 89
7.2.2.2 Epoxy resin 90
7.2.2.3 Silicon 90
7.2.2.4 Varnish 90
7.2.2.5 Polyamide 91
7.2.2.6 Other electrical insulation coatings 91
7.2.3 FIRE-RESISTANT & THERMAL PROTECTION COATINGS 92
7.2.3.1 Demand for fire safety with reduced flame spread and protection of critical structures to boost growth 92
7.2.3.2 Epoxy resins 92
7.2.3.3 Other fire-resistant and thermal protection coatings 93
7.2.4 MOISTURE & ENVIRONMENTAL PROTECTION COATINGS 93
7.2.4.1 Resistance to environment, rain, dust, and temperature fluctuations to boost growth 93
7.3 SOLID INSULATORS 93
7.3.1 ENHANCED FIRE SAFETY, LOWER MAINTENANCE, AND IMPROVED SUSTAINABILITY TO PROPEL MARKET 93
7.3.2 ELECTRICAL INSULATION 94
7.3.2.1 Excellent dielectric properties to drive growth 94
7.3.2.2 Aramid paper 94
7.3.2.3 Epoxy resin encapsulated casing 95
7.3.2.4 Polyester film 95
7.3.2.5 Other electrical insulation 96
7.3.3 BUSHINGS & TERMINALS 96
7.3.3.1 Mechanical stability and excellent performance under electrical stress to fuel market 96
7.3.3.2 Epoxy resin bushings 96
7.3.3.3 Silicone rubber bushing 96
7.3.4 OTHER SOLID INSULATORS 97
8 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT 98
8.1 INTRODUCTION 99
8.2 WINDINGS (COILS) 101
8.2.1 MINIMUM INDOOR FIRE RISK TO DRIVE MARKET 101
8.2.2 ENCAPSULATOR WINDINGS (HV & LV TERMINALS
(HIGH-VOLTAGE INSULATION) 101
8.2.3 OTHER WINDINGS 102
8.3 CORES 102
8.3.1 ENHANCED MAGNETIC EFFICIENCY AND LONGEVITY WITH INSULATED CORE LAMINATION TO BOOST MARKET 102
8.4 ENCLOSURES 103
8.4.1 SHIELDING TRANSFORMER INTEGRITY WITH PROTECTIVE AND FIRE-RESISTANT ENCLOSURES TO PROPEL GROWTH 103
8.5 BUSHINGS 103
8.5.1 ENSURING HIGH-VOLTAGE RELIABILITY THROUGH ADVANCED INSULATION TO FUEL GROWTH 103
8.6 SPACERS & SUPPORTERS 104
8.6.1 MAXIMIZING THERMAL PERFORMANCE WITH SPECIALIZED COOLING SURFACE COATINGS TO SUPPORT GROWTH 104
8.7 OTHER COMPONENTS 104
8.7.1 COOLING SURFACES 105
8.7.2 MECHANICAL & STRUCTURAL INSULATORS 105
8.7.3 OTHERS 105
9 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION 106
9.1 INTRODUCTION 107
9.2 INDUSTRIAL 109
9.2.1 RAPID INDUSTRIALIZATION AND RISING INDUSTRIAL ACTIVITIES TO BOOST MARKET 109
9.3 COMMERCIAL 109
9.3.1 RISING DEMAND FOR HIGH SAFETY, ADAPTABILITY, AND ENERGY EFFICIENCY TO DRIVE MARKET 109
9.4 OTHER APPLICATIONS 110
10 DRY TRANSFORMER INSULATION MARKET, BY REGION 111
10.1 INTRODUCTION 112
10.2 NORTH AMERICA 114
10.2.1 US 121
10.2.1.1 Demand for energy-efficient, safe, and environmentally conscious power distribution solutions to drive market 121
10.2.2 CANADA 123
10.2.2.1 Increasing environmental regulations and infrastructural development to support market growth 123
10.2.3 MEXICO 124
10.2.3.1 High investments and low manufacturing costs to fuel demand 124
10.3 EUROPE 126
10.3.1 GERMANY 133
10.3.1.1 Increasing demand for compact, safe, and efficient transformers to drive market 133
10.3.2 FRANCE 135
10.3.2.1 Investments in green energy infrastructure to support market growth 135
?
10.3.3 UK 136
10.3.3.1 Innovations, technological advancements, and investments to drive market 136
10.3.4 ITALY 138
10.3.4.1 Growing geriatric population and strong focus on research & innovation to fuel market 138
10.3.5 REST OF EUROPE 139
10.4 ASIA PACIFIC 141
10.4.1 CHINA 148
10.4.1.1 Shift toward renewable energy and electrification to support market 148
10.4.2 JAPAN 150
10.4.2.1 Infrastructure modernization and shift toward renewable energy sources to increase demand 150
10.4.3 INDIA 152
10.4.3.1 Environmental regulations and industrial expansion to fuel demand 152
10.4.4 SOUTH KOREA 153
10.4.4.1 Technological advancements and environmental factors to drive market 153
10.4.5 REST OF ASIA PACIFIC 155
10.5 MIDDLE EAST & AFRICA 156
10.5.1 GCC COUNTRIES 163
10.5.1.1 Saudi Arabia 165
10.5.1.1.1 Government initiatives to support market growth 165
10.5.1.2 UAE 166
10.5.1.2.1 Focus on infrastructure development and renewable energy integration to drive market 166
10.5.1.3 Rest of GCC countries 168
10.5.2 REST OF MIDDLE EAST & AFRICA 169
10.6 SOUTH AMERICA 171
10.6.1 BRAZIL 177
10.6.1.1 Rapid industrial development, urban expansion, and sustainable initiatives to drive market 177
10.6.2 ARGENTINA 178
10.6.2.1 Low-maintenance and eco-friendly power solutions to boost market 178
10.6.3 REST OF SOUTH AMERICA 179
11 COMPETITIVE LANDSCAPE 181
11.1 OVERVIEW 181
11.2 KEY PLAYER STRATEGIES, 2023-2025 181
11.3 REVENUE ANALYSIS 184
11.4 MARKET SHARE ANALYSIS, 2024 184
11.5 COMPANY VALUATION AND FINANCIAL METRICS 187
11.6 BRAND/PRODUCT COMPARISON ANALYSIS 189
?
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 190
11.7.1 STARS 190
11.7.2 EMERGING LEADERS 190
11.7.3 PERVASIVE PLAYERS 190
11.7.4 PARTICIPANTS 190
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 192
11.7.5.1 Company footprint 192
11.7.5.2 Region footprint 192
11.7.5.3 Type footprint 193
11.7.5.4 Component footprint 193
11.7.5.5 Application footprint 194
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 194
11.8.1 PROGRESSIVE COMPANIES 195
11.8.2 RESPONSIVE COMPANIES 195
11.8.3 DYNAMIC COMPANIES 195
11.8.4 STARTING BLOCKS 195
11.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2024 197
11.8.5.1 Detailed list of key startups/SMEs 197
11.8.5.2 Competitive benchmarking of key startups/SMEs 198
11.9 COMPETITIVE SCENARIO 199
11.9.1 OTHER DEVELOPMENTS 199
11.9.2 PRODUCT LAUNCHES 199
11.9.3 DEALS 200
11.9.4 EXPANSIONS 202
12 COMPANY PROFILES 204
12.1 KEY PLAYERS 204
12.1.1 3M 204
12.1.1.1 Business overview 204
12.1.1.2 Products/Solutions/Services offered 205
12.1.1.3 MnM view 207
12.1.1.3.1 Right to win 207
12.1.1.3.2 Strategic choices 207
12.1.1.3.3 Weaknesses and competitive threats 208
12.1.2 THE SHERWIN-WILLIAMS COMPANY 209
12.1.2.1 Business overview 209
12.1.2.2 Products/Services/Solutions offered 210
12.1.2.3 Recent developments 211
12.1.2.3.1 Deals 211
?
12.1.2.4 MnM view 212
12.1.2.4.1 Right to win 212
12.1.2.4.2 Strategic choices 212
12.1.2.4.3 Weaknesses and competitive threats 212
12.1.3 PPG INDUSTRIES, INC. 213
12.1.3.1 Business overview 213
12.1.3.2 Products/Services/Solutions offered 214
12.1.3.3 Recent developments 216
12.1.3.3.1 Product launches 216
12.1.3.3.2 Expansions 216
12.1.3.3.3 Others 217
12.1.3.4 MnM view 218
12.1.3.4.1 Right to win 218
12.1.3.4.2 Strategic choices 218
12.1.3.4.3 Weaknesses and competitive threats 218
12.1.4 DUPONT 219
12.1.4.1 Business overview 219
12.1.4.2 Products/Solutions/Services offered 220
12.1.4.3 Recent developments 221
12.1.4.3.1 Others 221
12.1.4.4 MnM view 222
12.1.4.4.1 Right to win 222
12.1.4.4.2 Strategic choices 222
12.1.4.4.3 Weaknesses and competitive threats 222
12.1.5 WEG 223
12.1.5.1 Business overview 223
12.1.5.2 Products/Solutions/Services offered 224
12.1.5.3 Recent developments 225
12.1.5.3.1 Deals 225
12.1.5.3.2 Expansions 226
12.1.5.4 MnM view 227
12.1.5.4.1 Right to win 227
12.1.5.4.2 Strategic choices 227
12.1.5.4.3 Weaknesses and competitive threats 227
12.1.6 HUNTSMAN INTERNATIONAL LLC 228
12.1.6.1 Business overview 228
12.1.6.2 Products/Solutions/Services offered 229
12.1.6.3 Recent developments 230
12.1.6.3.1 Expansions 230
?
12.1.6.4 MnM view 230
12.1.6.4.1 Right to win 230
12.1.6.4.2 Strategic choices 231
12.1.6.4.3 Weaknesses and competitive threats 231
12.1.7 ALTANA AG 232
12.1.7.1 Business overview 232
12.1.7.2 Products/Solutions/Services offered 233
12.1.7.3 Recent developments 236
12.1.7.3.1 Deals 236
12.1.7.4 MnM view 236
12.1.8 KREMPEL GMBH 237
12.1.8.1 Business overview 237
12.1.8.2 Products/Solutions/Services offered 237
12.1.8.3 Recent developments 239
12.1.8.3.1 Deals 239
12.1.8.4 MnM view 239
12.1.9 PUCARO ELECTRICAL INSULATION GMBH 240
12.1.9.1 Business overview 240
12.1.9.2 Products/Solutions/Services offered 240
12.1.9.3 MnM view 241
12.1.10 KANSAI ALTAN 242
12.1.10.1 Business overview 242
12.1.10.2 Products/Solutions/Services offered 242
12.1.10.3 MnM view 243
12.2 OTHER PLAYERS 244
12.2.1 ROYAL DIAMOND 244
12.2.2 ISOTEC 245
12.2.3 INDOKOTE 245
12.2.4 THE GUND COMPANY 246
12.2.5 HANGZHOU HECHENG INDUSTRIAL CO., LTD 247
12.2.6 GOVIK INDUSTRIES PRIVATE LIMITED 248
12.2.7 AXALTA COATING SYSTEMS, LLC 249
12.2.8 ZIGMA PAINTS 250
12.2.9 MG CHEMICALS 251
12.2.10 EPOXIES, ETC. 251
12.2.11 VON ROLL 252
12.2.12 TIKKURILA 253
12.2.13 MOMENTIVE 254
12.2.14 ORHUN KIMYA 255
12.2.15 WEATHER FIGHTER 256
?
13 APPENDIX 257
13.1 DISCUSSION GUIDE 257
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 260
13.3 CUSTOMIZATION OPTIONS 262
13.4 RELATED REPORTS 262
13.5 AUTHOR DETAILS 263
TABLE 1 LIST OF KEY SECONDARY SOURCES 30
TABLE 2 LIST OF STANDARDS AND REGULATIONS FOR DRY TRANSFORMER INSULATION 48
TABLE 3 DRY TRANSFORMER INSULATION MARKET: PORTER'S FIVE FORCES ANALYSIS 54
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%) 57
TABLE 5 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 58
TABLE 6 TRENDS OF PER CAPITA GDP, BY COUNTRY, 2020-2023 (USD) 59
TABLE 7 GDP GROWTH ESTIMATES AND PROJECTIONS, BY COUNTRY, 2024-2027 (USD) 60
TABLE 8 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66
TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67
TABLE 11 IMPORT SCENARIO FOR HS CODE 850434-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2024 (USD MILLION) 68
TABLE 12 EXPORT SCENARIO FOR HS CODE 850434-COMPLIANT PRODUCTS, BY COUNTRY, 2020-2024 (USD MILLION) 69
TABLE 13 ROLE OF COMPANIES IN DRY TRANSFORMER INSULATION ECOSYSTEM 70
TABLE 14 DRY TRANSFORMER INSULATION MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025-2026 75
TABLE 15 TOP 10 PATENT OWNERS DURING LAST 10 YEARS, 2015-2024 79
TABLE 16 SECTION 301 TARIFFS ON CHINESE IMPORTS 83
TABLE 17 DRY TRANSFORMER INSULATION MARKET, BY TYPE 2022-2024 (USD MILLION) 87
TABLE 18 DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2025-2030 (USD MILLION) 87
TABLE 19 DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2022-2024 (KILOTON) 88
TABLE 20 DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2025-2030 (KILOTON) 88
TABLE 21 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (USD MILLION) 99
TABLE 22 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (USD MILLION) 100
TABLE 23 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (KILOTON) 100
TABLE 24 DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (KILOTON) 100
TABLE 25 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 107
TABLE 26 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 108
TABLE 27 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 108
TABLE 28 DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 108
TABLE 29 DRY TRANSFORMER INSULATION MARKET, BY REGION,
2022-2024 (USD MILLION) 113
TABLE 30 DRY TRANSFORMER INSULATION MARKET, BY REGION,
2025-2030 (USD MILLION) 113
TABLE 31 DRY TRANSFORMER INSULATION MARKET, BY REGION, 2022-2024 (KILOTON) 113
TABLE 32 DRY TRANSFORMER INSULATION MARKET, BY REGION, 2025-2030 (KILOTON) 114
TABLE 33 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (USD MILLION) 115
TABLE 34 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 116
TABLE 35 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (KILOTON) 116
TABLE 36 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (KILOTON) 116
TABLE 37 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (USD MILLION) 117
TABLE 38 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (USD MILLION) 117
TABLE 39 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (KILOTON) 118
TABLE 40 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (KILOTON) 118
TABLE 41 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2022-2024 (USD MILLION) 119
TABLE 42 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2025-2030 (USD MILLION) 119
TABLE 43 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2022-2024 (KILOTON) 119
TABLE 44 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2025-2030 (KILOTON) 120
TABLE 45 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 120
TABLE 46 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 120
TABLE 47 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 121
TABLE 48 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 121
TABLE 49 US: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 122
TABLE 50 US: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 122
TABLE 51 US: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 122
TABLE 52 US: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 122
TABLE 53 CANADA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 123
TABLE 54 CANADA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 123
TABLE 55 CANADA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 124
TABLE 56 CANADA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 124
TABLE 57 MEXICO: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 125
TABLE 58 MEXICO: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 125
TABLE 59 MEXICO: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 125
TABLE 60 MEXICO: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 125
TABLE 61 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (USD MILLION) 127
TABLE 62 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 128
TABLE 63 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (KILOTON) 128
TABLE 64 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (KILOTON) 128
TABLE 65 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (USD MILLION) 129
TABLE 66 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (USD MILLION) 129
TABLE 67 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (KILOTON) 130
TABLE 68 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (KILOTON) 130
TABLE 69 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (USD MILLION) 131
TABLE 70 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (USD MILLION) 131
TABLE 71 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (KILOTON) 131
TABLE 72 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (KILOTON) 132
TABLE 73 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 132
TABLE 74 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 132
TABLE 75 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 133
TABLE 76 EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 133
TABLE 77 GERMANY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 134
TABLE 78 GERMANY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 134
TABLE 79 GERMANY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 134
TABLE 80 GERMANY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 134
TABLE 81 FRANCE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 135
TABLE 82 FRANCE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 136
TABLE 83 FRANCE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 136
TABLE 84 FRANCE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 136
TABLE 85 UK: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 137
TABLE 86 UK: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 137
TABLE 87 UK: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 137
TABLE 88 UK: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 138
TABLE 89 ITALY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 138
TABLE 90 ITALY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 138
TABLE 91 ITALY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 139
TABLE 92 ITALY: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 139
TABLE 93 REST OF EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 139
TABLE 94 REST OF EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 140
TABLE 95 REST OF EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 140
TABLE 96 REST OF EUROPE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 140
TABLE 97 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (USD MILLION) 142
TABLE 98 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 143
TABLE 99 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (KILOTON) 143
TABLE 100 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (KILOTON) 143
TABLE 101 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (USD MILLION) 144
TABLE 102 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (USD MILLION) 144
TABLE 103 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (KILOTON) 145
TABLE 104 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (KILOTON) 145
TABLE 105 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (USD MILLION) 146
TABLE 106 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (USD MILLION) 146
TABLE 107 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2022-2024 (KILOTON) 146
TABLE 108 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT,
2025-2030 (KILOTON) 147
TABLE 109 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 147
TABLE 110 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 147
TABLE 111 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 148
TABLE 112 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 148
TABLE 113 CHINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 149
TABLE 114 CHINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 149
TABLE 115 CHINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 149
TABLE 116 CHINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 150
TABLE 117 JAPAN: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 151
TABLE 118 JAPAN: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 151
TABLE 119 JAPAN: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 151
TABLE 120 JAPAN: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 151
TABLE 121 INDIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 152
TABLE 122 INDIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 153
TABLE 123 INDIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 153
TABLE 124 INDIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 153
TABLE 125 SOUTH KOREA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 154
TABLE 126 SOUTH KOREA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 154
TABLE 127 SOUTH KOREA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 154
TABLE 128 SOUTH KOREA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 155
TABLE 129 REST OF ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (USD MILLION) 155
TABLE 130 REST OF ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 156
TABLE 131 REST OF ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (KILOTON) 156
TABLE 132 REST OF ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (KILOTON) 156
TABLE 133 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY, 2022-2024 (USD MILLION) 157
TABLE 134 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 157
TABLE 135 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY, 2022-2024 (KILOTON) 158
TABLE 136 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY, 2025-2030 (KILOTON) 158
TABLE 137 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2022-2024 (USD MILLION) 159
TABLE 138 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2025-2030 (USD MILLION) 159
TABLE 139 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2022-2024 (KILOTON) 160
TABLE 140 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE, 2025-2030 (KILOTON) 160
TABLE 141 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY COMPONENT, 2022-2024 (USD MILLION) 161
TABLE 142 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY COMPONENT, 2025-2030 (USD MILLION) 161
TABLE 143 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY COMPONENT, 2022-2024 (KILOTON) 161
TABLE 144 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY COMPONENT, 2025-2030 (KILOTON) 162
TABLE 145 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (USD MILLION) 162
TABLE 146 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 162
TABLE 147 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (KILOTON) 163
TABLE 148 MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (KILOTON) 163
TABLE 149 GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 164
TABLE 150 GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 164
TABLE 151 GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 164
TABLE 152 GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 164
TABLE 153 SAUDI ARABIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 165
TABLE 154 SAUDI ARABIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 165
TABLE 155 SAUDI ARABIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 166
TABLE 156 SAUDI ARABIA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 166
TABLE 157 UAE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 167
TABLE 158 UAE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 167
TABLE 159 UAE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 167
TABLE 160 UAE: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 167
TABLE 161 REST OF GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (USD MILLION) 168
TABLE 162 REST OF GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 168
TABLE 163 REST OF GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (KILOTON) 169
TABLE 164 REST OF GCC COUNTRIES: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (KILOTON) 169
TABLE 165 REST OF MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (USD MILLION) 170
TABLE 166 REST OF MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 170
TABLE 167 REST OF MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (KILOTON) 170
TABLE 168 REST OF MIDDLE EAST & AFRICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (KILOTON) 170
TABLE 169 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (USD MILLION) 171
TABLE 170 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 171
TABLE 171 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2022-2024 (KILOTON) 172
TABLE 172 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COUNTRY,
2025-2030 (KILOTON) 172
TABLE 173 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (USD MILLION) 172
TABLE 174 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (USD MILLION) 173
TABLE 175 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2022-2024 (KILOTON) 173
TABLE 176 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY TYPE,
2025-2030 (KILOTON) 174
TABLE 177 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2022-2024 (USD MILLION) 174
TABLE 178 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2025-2030 (USD MILLION) 175
TABLE 179 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2022-2024 (KILOTON) 175
TABLE 180 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY COMPONENT, 2025-2030 (KILOTON) 175
TABLE 181 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (USD MILLION) 176
TABLE 182 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 176
TABLE 183 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2022-2024 (KILOTON) 176
TABLE 184 SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION, 2025-2030 (KILOTON) 176
TABLE 185 BRAZIL: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 177
TABLE 186 BRAZIL: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 177
TABLE 187 BRAZIL: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 178
TABLE 188 BRAZIL: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 178
TABLE 189 ARGENTINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (USD MILLION) 178
TABLE 190 ARGENTINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 179
TABLE 191 ARGENTINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2022-2024 (KILOTON) 179
TABLE 192 ARGENTINA: DRY TRANSFORMER INSULATION MARKET, BY APPLICATION,
2025-2030 (KILOTON) 179
TABLE 193 REST OF SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (USD MILLION) 180
TABLE 194 REST OF SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 180
TABLE 195 REST OF SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2022-2024 (KILOTON) 180
TABLE 196 REST OF SOUTH AMERICA: DRY TRANSFORMER INSULATION MARKET,
BY APPLICATION, 2025-2030 (KILOTON) 180
TABLE 197 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN DRY TRANSFORMER INSULATION MARKET BETWEEN 2023 AND 2025 181
TABLE 198 DRY TRANSFORMER INSULATION MARKET: DEGREE OF COMPETITION 185
TABLE 199 DRY TRANSFORMER INSULATION MARKET: REGION FOOTPRINT 192
TABLE 200 DRY TRANSFORMER INSULATION MARKET: TYPE FOOTPRINT 193
TABLE 201 DRY TRANSFORMER INSULATION MARKET: COMPONENT FOOTPRINT 193
TABLE 202 DRY TRANSFORMER INSULATION MARKET: APPLICATION FOOTPRINT 194
TABLE 203 DRY TRANSFORMER INSULATION MARKET: KEY STARTUPS/SMES 197
TABLE 204 DRY TRANSFORMER INSULATION MARKET: COMPETITIVE
BENCHMARKING OF STARTUPS/SMES 198
TABLE 205 DRY TRANSFORMER INSULATION MARKET: OTHER DEVELOPMENTS, JANUARY 2023-MAY 2025 199
TABLE 206 DRY TRANSFORMER INSULATION MARKET: PRODUCT LAUNCHES,
JANUARY 2023-MAY 2025 199
TABLE 207 DRY TRANSFORMER INSULATION MARKET: DEALS, JANUARY 2023-MAY 2025 200
TABLE 208 DRY TRANSFORMER INSULATION MARKET: EXPANSIONS,
JANUARY 2023-MAY 2025 202
TABLE 209 3M: COMPANY OVERVIEW 204
TABLE 210 3M: PRODUCTS /SOLUTIONS/SERVICES OFFERED 205
TABLE 211 THE SHERWIN-WILLIAMS COMPANY: COMPANY OVERVIEW 209
TABLE 212 THE SHERWIN WILLIAMS COMPANY: PRODUCTS /SOLUTIONS/SERVICES OFFERED 210
TABLE 213 THE SHERWIN-WILLIAMS COMPANY: DEALS, JANUARY 2023-MAY 2025 211
TABLE 214 PPG INDUSTRIES, INC.: COMPANY OVERVIEW 213
TABLE 215 PPG INDUSTRIES, INC.: PRODUCTS /SOLUTIONS/SERVICES OFFERED 214
TABLE 216 PPG INDUSTRIES, INC.: PRODUCT LAUNCHES, JANUARY 2023-MAY 2025 216
TABLE 217 PPG INDUSTRIES, INC.: EXPANSIONS, JANUARY 2023-MAY 2025 216
TABLE 218 PPG INDUSTRIES, INC.: OTHERS, JANUARY 2023-MAY 2025 217
TABLE 219 DUPONT: COMPANY OVERVIEW 219
TABLE 220 DUPONT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 221 DUPONT: OTHERS, JANUARY 2023-MAY 2025 221
TABLE 222 WEG: COMPANY OVERVIEW 223
TABLE 223 WEG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 224 WEG: DEALS, JANUARY 2023-MAY 2025 225
TABLE 225 WEG: EXPANSIONS, JANUARY 2023-MAY 2025 226
TABLE 226 HUNTSMAN INTERNATIONAL LLC: COMPANY OVERVIEW 228
TABLE 227 HUNTSMAN INTERNATIONAL LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 228 HUNTSMAN INTERNATIONAL LLC: EXPANSIONS, JANUARY 2023-MAY 2025 230
TABLE 229 ALTANA AG: COMPANY OVERVIEW 232
TABLE 230 ALTANA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 231 ALTANA AG: DEALS, JANUARY 2023-MAY 2025 236
TABLE 232 KREMPEL GMBH: COMPANY OVERVIEW 237
TABLE 233 KREMPEL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 234 KREMPEL GMBH: DEALS, JANUARY 2023-MAY 2025 239
TABLE 235 PUCARO ELECTRICAL INSULATION GMBH: COMPANY OVERVIEW 240
TABLE 236 PUCARO ELECTRICAL INSULATION GMBH:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 240
TABLE 237 KANSAI ALTAN: COMPANY OVERVIEW 242
TABLE 238 KANSAI ALTAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 239 ROYAL DIAMOND: COMPANY OVERVIEW 244
TABLE 240 ISOTEC: COMPANY OVERVIEW 245
TABLE 241 INDOKOTE: COMPANY OVERVIEW 245
TABLE 242 THE GUND COMPANY: COMPANY OVERVIEW 246
TABLE 243 HANGZHOU HECHENG INDUSTRIAL CO.,LTD: COMPANY OVERVIEW 247
TABLE 244 GOVIK INDUSTRIES PRIVATE LIMITED: COMPANY OVERVIEW 248
TABLE 245 AXALTA COATING SYSTEMS, LLC: COMPANY OVERVIEW 249
TABLE 246 ZIGMA PAINTS: COMPANY OVERVIEW 250
TABLE 247 MG CHEMICALS: COMPANY OVERVIEW 251
TABLE 248 EPOXIES, ETC.: COMPANY OVERVIEW 251
TABLE 249 VON ROLL: COMPANY OVERVIEW 252
TABLE 250 TIKKURILA : COMPANY OVERVIEW 253
TABLE 251 MOMENTIVE: COMPANY OVERVIEW 254
TABLE 252 ORHUN KIMYA: COMPANY OVERVIEW 255
TABLE 253 WEATHER FIGHTER: COMPANY OVERVIEW 256
FIGURE 1 DRY TRANSFORMER INSULATION MARKET SEGMENTATION AND REGIONAL SCOPE 26
FIGURE 2 DRY TRANSFORMER INSULATION MARKET: RESEARCH DESIGN 29
FIGURE 3 DRY TRANSFORMER INSULATION MARKET: BOTTOM-UP APPROACH 34
FIGURE 4 DRY TRANSFORMER INSULATION MARKET: TOP-DOWN APPROACH 34
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 35
FIGURE 6 DEMAND-SIDE FORECAST PROJECTIONS 35
FIGURE 7 DRY TRANSFORMER INSULATION MARKET: DATA TRIANGULATION 36
FIGURE 8 SOLID INSULATORS SEGMENT TO LEAD DRY TRANSFORMER
INSULATION MARKET DURING FORECAST PERIOD 40
FIGURE 9 WINDINGS COMPONENT SEGMENT TO DOMINATE MARKET
DURING FORECAST PERIOD 41
FIGURE 10 INDUSTRIAL APPLICATION TO LEAD DRY TRANSFORMER INSULATION MARKET DURING FORECAST PERIOD 41
FIGURE 11 ASIA PACIFIC TO BE FASTEST-GROWING REGION DURING FORECAST PERIOD 42
FIGURE 12 ASIA PACIFIC TO OFFER ATTRACTIVE OPPORTUNITIES DURING FORECAST PERIOD 43
FIGURE 13 SOLID INSULATORS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 43
FIGURE 14 WINDINGS SEGMENT TO HOLD MAJORITY SHARE DURING FORECAST PERIOD 44
FIGURE 15 INDUSTRIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 44
FIGURE 16 CHINA TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 45
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
DRY TRANSFORMER INSULATION MARKET 46
FIGURE 18 DRY TRANSFORMER INSULATION MARKET: PORTER'S FIVE FORCES ANALYSIS 54
FIGURE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
FOR TOP THREE APPLICATIONS 57
FIGURE 20 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 58
FIGURE 21 DRY TRANSFORMER INSULATION MARKET: VALUE CHAIN ANALYSIS 61
FIGURE 22 IMPORT DATA FOR HS CODE 850434-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020-2024 (USD MILLION) 68
FIGURE 23 EXPORT DATA RELATED TO HS CODE 850434-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2020-2024 (USD MILLION) 69
FIGURE 24 DRY TRANSFORMER INSULATION MARKET: ECOSYSTEM ANALYSIS 70
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS IN DRY TRANSFORMER INSULATION MARKET 71
FIGURE 26 DRY TRANSFORMER INSULATION MARKET: GRANTED PATENTS, 2015-2024 76
FIGURE 28 LEGAL STATUS OF PATENTS, 2015-2024 77
FIGURE 29 TOP JURISDICTION, BY DOCUMENT, 2015-2024 78
FIGURE 30 TOP 10 PATENT APPLICANTS, 2015-2024 79
FIGURE 31 AVERAGE SELLING PRICE, BY REGION, 2022-2024 (USD/KG) 81
FIGURE 32 AVERAGE SELLING PRICE OF KEY PLAYERS, BY APPLICATION, 2024 (USD/KG) 81
FIGURE 33 AVERAGE SELLING PRICE TREND, BY TYPE, 2022-2024 (USD/KG) 82
FIGURE 34 SOLID INSULATORS TO BE LARGER TYPE DURING FORECAST PERIOD 86
FIGURE 35 WINDINGS COMPONENT TO DOMINATE DRY TRANSFORMER
INSULATION MARKET DURING FORECAST PERIOD 99
FIGURE 36 INDUSTRIAL APPLICATION TO DOMINATE DRY TRANSFORMER INSULATION MARKET DURING FORECAST PERIOD 107
FIGURE 37 CHINA TO BE FASTEST-GROWING MARKET FOR DRY TRANSFORMER INSULATION DURING FORECAST PERIOD 112
FIGURE 38 NORTH AMERICA: DRY TRANSFORMER INSULATION MARKET SNAPSHOT 115
FIGURE 39 EUROPE: DRY TRANSFORMER INSULATION MARKET SNAPSHOT 127
FIGURE 40 ASIA PACIFIC: DRY TRANSFORMER INSULATION MARKET SNAPSHOT 142
FIGURE 41 REVENUE ANALYSIS OF KEY COMPANIES IN DRY TRANSFORMER INSULATION MARKET, 2020-2024 184
FIGURE 42 SHARES OF TOP FIVE COMPANIES IN DRY
TRANSFORMER INSULATION MARKET, 2024 185
FIGURE 43 VALUATION OF KEY COMPANIES IN DRY
TRANSFORMER INSULATION MARKET, 2024 187
FIGURE 44 FINANCIAL METRICS OF KEY COMPANIES IN
DRY TRANSFORMER INSULATION MARKET, 2024 188
FIGURE 45 DRY TRANSFORMER INSULATION MARKET: BRAND/PRODUCT COMPARISON 189
FIGURE 46 DRY TRANSFORMER INSULATION MARKET:
COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 191
FIGURE 47 DRY TRANSFORMER INSULATION MARKET: COMPANY FOOTPRINT 192
FIGURE 48 DRY TRANSFORMER INSULATION MARKET:
COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 196
FIGURE 49 3M: COMPANY SNAPSHOT 205
FIGURE 50 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT 209
FIGURE 51 PPG INDUSTRIES, INC.: COMPANY SNAPSHOT 214
FIGURE 52 DUPONT: COMPANY SNAPSHOT 220
FIGURE 53 WEG: COMPANY SNAPSHOT 224
FIGURE 54 HUNTSMAN INTERNATIONAL LLC: COMPANY SNAPSHOT 229
FIGURE 55 ALTANA AG: COMPANY SNAPSHOT 233
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.