High-quality electrical insulation material made of mica and reinforced fiberglass cloth, plastic film, or other materials
Market Overview
Features high-temperature resin impregnated adhesive with melting point of 12001300°C
Used as cable fire protection insulation layer to ensure cable functionality during fire outbreaks
Growing importance in construction and electrical industries due to stringent safety regulations
Market Value & Growth Projections
Market Statistics:
USD 57 million (2023)
Projected to reach USD 66.34 million by 2032
CAGR of 1.70% (2024-2032)
Key Market Drivers:
Increasing focus on fire safety measures across industries
Growth in construction activities and infrastructure development
Stringent regulations and standards related to fire protection
Rising demand for electrical insulation materials in industrial applications
Expansion of electrical and electronics industry in emerging markets
Market Segmentation
By Type
By Application
Glass Tape
ISOVOLTA Group
Key Market Players
VonRoll
Nippon Rika
Elinar (Cogebi)
Jufeng
Regional Market Analysis
North America: Market size: USD 15.29 million (2023); CAGR: 1.46% (2024-2032); Driven by stringent safety regulations in high-rise buildings and subways
Europe: Key markets: Germany, UK, and France; Growing emphasis on infrastructure safety and fire protection
Asia-Pacific: High growth potential in China, Japan, and India; Rapid urbanization and increasing construction activities
Middle East & Africa: Growing investment in infrastructure projects; Key markets include Saudi Arabia and UAE
South America: Rising infrastructure development in Brazil and Argentina; Enhanced safety standards
