Mica Tape Market

Mica Tape Market - Global Industry Analysis 2015 - 2019 and Opportunity Assessment; 2020 - 2030

ID: PMRREP31935

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Author : Rajat Zope

Mica Tape Market: Introduction

Mica tape is a high quality insulating material used in the production of fire resistant cables. It has high temperature resistance, high corrosion resistance, high pressure resistance and extremely high dielectric strength along with excellent tensile strength. Mica tape has been utilizing by various industries due to its flexibility, low cost, easy installation, longevity and many.

It is manufactured with mica paper (natural phlogopite or synthetic mica) and laminated it with various reinforcements such as epoxy or silicon resins. Generally the thickness of the tape 0.08 mm to 0.15 mm, but the thicker tapes have a thickness of 0.2 mm to 0.8 mm.

The factors which plays a vital role in determining the properties of the mica tape are kind of mica paper used, type and amount of resin (binder) used, type of applied substrate like glass fiber, ceramic or polyethylene.

Mica Tape Market: Dynamics

Growing demand for heat resistant materials and electrical insulating materials to provide protection to wires and cables to increase the durability and effectiveness are some of the factors that are contributing the demand for mica tape globally.

Due to the excellent properties shown by mica tape, it has found application in wide range of industries such as insulation of the electric cables and coils in power stations, computer and telecommunication, electronics and automobile industries and many more. Especially its high temperature resistance and re-processing cannot be easily replaced by any other materials.

The rise in the usage of electric vehicles will assist the market growth of the mica tape as it will be used in the battery cables. The current global market size of mica tape is more than a half a billion USD and it is expected to grow in the upcoming decade. As research is going on for various insulating materials mica tape market is going to face a tough competition.

Mica Tape Market: Covid-19 Impact Assessment

The ongoing pandemic of Covid19 and associated lockdowns by regional governments has affected industrial activity to a considerable extent. The noticeable aspects have been disruption in the supply chain, reduced demand from end use sector and subsequent downsizing of production rate.

The same also holds true for electrical industry where the production of wires and cables has been decreased thereby affecting the participants in the value chain including mica tape manufacturers.

Post the initial quarters of 2020, the revival of market growth is however expected to occur in the next 3 to 4 quarters with the uplift of the lockdown and resumption of industrial activities.

Mica Tape Market: Segmentation

On the basis of type
  • Mica Glass Tape
  • Mica Polyester Tape
On the basis of end use application
  • Electrical Insulation
  • Flame Resistance
  • Others
On the basis of application spectrum
  • 3.3 to 6 kV
  • 6 to 10 kV
  • More than 10 kV

Mica Tape Market: Regional Outlook

Asia-pacific region is considered to be a leading market of Mica Tapes with China, India and Japan being the prominent countries. The growth trend has been attributable owing to demand from the established production hub of electronics and electrical devices and motors in these countries.

Europe is touted to be another significant market for the mica tape, with a sound balance of supply and demand in the domestic market. Some of the key manufacturers of mica tape ing the globe are in fact situated in the region.

 In North America basically in US and Canada a potential market for insulating materials in various industries like electronics, automobile, aeronautical etc has directly or indirectly activate the need of mica tape.

The mica tape market growth is also expected to be buoyed by opportunities of emerging markets of Latin America, ASEAN countries which have evolved as major manufacturing hubs for tier-1 OEMs.     

Mica Tape Market: Key Participants

Top manufacturers in the global Mica Tape market are listed below

  • ISOVOLTA Group
  • Vonroll Holding AG
  • Pamica Group Limited
  • Sichuan Meifeng Mica Industry Co., Ltd
  • Chhaperia International Company
  • Glory Mica Co. Ltd
  • NIPPON RIKA KOGYOSHO CO.,LTD
  • Spbsluda (SFR Group of Companies)
  • Shanghai Haiying Insulation Glass Fiber Co.,Ltd
  • OKABE MICA CO., LTD.
  • Electrolock Inc.
  • Jyoti Ltd.
  • Cogebi Insulation India Private Limited
  • Sakti Mica Manufacturing Co.
  • Ruby Mica Co. Ltd.
  • Suzhou Jufeng Electrical Insulation System Co. Ltd.
  • Krempel GmbH
  • Shanghai Tongli Electrical Material Co., Ltd.

Market research report on the Mica Tape presents a broad evaluation containing thoughtful insights, facts, historical data, statistically supported and industry validated market information.

The Mica Tape market report also consist of projections using suitable sets of assumptions and methodologies. The report provides in depth analysis and information according to market segments like geography, type, and applications.

The report covers exhaustive analysis on:

  • Mica Tape Market Segments
  • Mica Tape Market Dynamics
  • Mica Tape Market Size
  • Market Adoption rate of Mica Tape
  • Current Trends/Issues/Challenges in the Mica Tape Market
  • Competition & Companies Involved in Mica Tape
  • New Technology for Mica Tape
  • Value Chain of the Mica Tape Market

Regional analysis includes:

  • North America (U.S., Canada and Mexico)
  • Latin America ( Brazil, Argentina)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Russia, Turkey)
  • South Asia (India and ASEAN countries)
  • East Asia (China, Japan, South Korea)
  • Australia
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The global Mica Tape market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Mica Tape market segments and geographies.

Report Highlights:

  • Detailed overview of Mica Tape market
  • Changing market dynamics in the Mica Tape industry
  • In-depth Mica Tape market segmentation
  • Historical, current, and projected Mica Tape market size in terms of value and volume
  • Recent industry trends and developments in the global Mica Tape market
  • Competitive landscape
  • Strategies of key players and products offered in the global Mica Tape market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Mica Tape market performance
  • Must-have information for market players in Mica Tape market to sustain and enhance their market footprint

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