The new report, Insulator Market in
Europe, states that Germany is the largest market for insulators among the
other European countries, which includes France, Italy, Portugal, United Kingdom,
Czech Republic, Poland and Romania. Insulator demand is primarily driven by its
usage in substations, overhead transmission lines and railway traction.
The European power transmission
sector is currently working towards the development of a sustainable and cost
efficient future power grid, owing to the strong growth of renewable energy
sources. Grid extension and up-gradation projects along with installation of
new substations are attracting huge investments across Europe, especially in
Germany, France, United Kingdom, Czech Republic, Romania and Poland.
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The railway sector is also
witnessing significant development in terms of expanding network, modernization
of infrastructure and operational improvement. Siemens, ABB, Alstom and Eltel
are some of the major players responsible for such projects in both power
transmission and railways in Europe.
However, transmission lines which
are being constructed for transmitting electricity generated from renewable
sources cater to short distances. Hence, demand generated for insulators from
development of such transmission lines is quite low. At present, insulator
market in Europe is mainly dependent on the replacement demand. Tenders are
invited for replacement of insulators on a regular basis.
Electric Insulators can be
categorized into three types, glass, ceramic and polymer insulators. Production
of glass insulators have gradually declined over the years with increasing
adoption of ceramic insulators. However, polymer insulators in the European
market are increasingly finding higher acceptance owing to the advantages that
they offer over their counterpart. Benefits that they show over the ceramic
insulators in terms of low weight, unique hydrophobic property, non-polluting,
high resistance to polluted atmosphere and puncture resistance are setting them
apart from the traditionally used ceramic insulators worldwide.
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Polymer insulators for High Voltage
applications include ethylene propylene rubbers (EPR), epoxies, polyolefin,
polyurethanes, polyethylene, silicones and PTFE (Teflon). More and more players
are also adding polymer insulators to their product portfolios to cater to
domestic and overseas demand.
Domestic manufacturers are facing
stiff competition owing to the increasing import of insulators, particularly
from China and India, at a lower cost. United States of America and Germany act
as favorable export destination for insulator suppliers across Europe. Top
insulator manufacturers operating in the global arena include NGK insulators,
Seves, Lapp Insulators and Aditya Birla Nuvo.
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