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 fibre, ceramic or polyethylene.
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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: Segmentation
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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 Players
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.
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