Global Electrotechnical Paper Market Will Reach A Valuation Of US$ 1.5 Bn By 2030
The study on the Global Electrotechnical Paper Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Electrotechnical Paper Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Electrotechnical Paper Market during the forecast period (2021-2031).
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Electrotechnical Paper Market in the assessment period.
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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.
- Diamond Dotted Presspaper
- Presspaper with Polyester Film
- Crepe Paper
- Aluminum Crepe Paper
- OEM (First Fit)
- Aftermarket (Replacement)
- Direct Sales
- Retail Sales
- Third-party Online Sales
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
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.
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.”