PUBLISHER: KBV Research | PRODUCT CODE: 1621216
PUBLISHER: KBV Research | PRODUCT CODE: 1621216
North America Industrial Insulators Market Size, Share & Trends Analysis Report By Type (Suspension Insulators, Pin Insulators, Spool/Shackle Insulators, and Other Type), By Material Type, By End Use, By Country and Growth Forecast, 2024 - 2031
The North America Industrial Insulators Market would witness market growth of 5.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Industrial Insulators Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,416 million by 2031. The Canada market is experiencing a CAGR of 7.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2024 - 2031).
These insulators are essential components used in electrical systems to prevent the flow of unwanted electrical currents and ensure the safe and efficient transmission and distribution of electricity. They are specifically designed to provide insulation, which means they resist the flow of electric charge while supporting the physical structure of power lines, machinery, or equipment in industrial and commercial settings.
The increasing electricity demand, driven by rapid industrialization and urbanization, has significantly boosted the need for robust and efficient insulation systems. Emerging economies, particularly in Asia-Pacific and Africa, are experiencing unprecedented growth in energy consumption due to expanding populations and the rise of industrial hubs.
Across North America, this market is shaped by government policies, infrastructure development, and the transition towards renewable energy sources. Substantial grid resilience and modernization investments in the United States propel the demand for these insulators. Rapid industrialization and urbanization in Mexico have escalated the demand for reliable energy infrastructure, increasing the need for these insulators. The Programa Nacional de Infraestructura (PNI) focuses on expanding and modernizing the country's infrastructure, including the energy sector. This program emphasizes the development of transmission and distribution networks, which require high-quality insulation materials to ensure operational efficiency and safety. The growing investment in renewable energy projects, such as Oaxaca wind farms and Sonora's solar installations, further amplifies the demand for advanced insulators to support sustainable energy initiatives. Thus, these factors create a dynamic and evolving market landscape for industrial insulators in North America.
Based on Type, the market is segmented into Suspension Insulators, Pin Insulators, Spool/Shackle Insulators, and Other Type. Based on Material Type, the market is segmented into Porcelain or Ceramic, Composite, Glass, and Other Material Type. Based on End Use, the market is segmented into Manufacturing, IT & Telecom, BFSI, Retail and E-commerce, Healthcare, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Evonik Industries AG (RAG-Stiftung)
- Cabot Corporation
- The Dow Chemical Company
- The Sherwin-Williams Company
- Sika AG
- BASF SE
- Saint-Gobain S.A.
- Exxon Mobil Corporation
- Avient Corporation
- Adpro Ceramics India Pvt. Ltd.
North America Industrial Insulators Market Report Segmentation
By Type
- Suspension Insulators
- Pin Insulators
- Spool/Shackle Insulators
- Other Type
By Material Type
- Porcelain or Ceramic
- Composite
- Glass
- Other Material Type
By End Use
- Manufacturing
- IT & Telecom
- BFSI
- Retail and E-commerce
- Healthcare
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Industrial Insulators Market, by Type
- 1.4.2 North America Industrial Insulators Market, by Material Type
- 1.4.3 North America Industrial Insulators Market, by End Use
- 1.4.4 North America Industrial Insulators Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. North America Industrial Insulators Market by Type
- 5.1 North America Suspension Insulators Market by Country
- 5.2 North America Pin Insulators Market by Country
- 5.3 North America Spool/Shackle Insulators Market by Country
- 5.4 North America Other Type Market by Country
Chapter 6. North America Industrial Insulators Market by Material Type
- 6.1 North America Porcelain or Ceramic Market by Country
- 6.2 North America Composite Market by Country
- 6.3 North America Glass Market by Country
- 6.4 North America Other Material Type Market by Country
Chapter 7. North America Industrial Insulators Market by End Use
- 7.1 North America Manufacturing Market by Country
- 7.2 North America IT & Telecom Market by Country
- 7.3 North America BFSI Market by Country
- 7.4 North America Retail and E-commerce Market by Country
- 7.5 North America Healthcare Market by Country
- 7.6 North America Other End Use Market by Country
Chapter 8. North America Industrial Insulators Market by Country
- 8.1 US Industrial Insulators Market
- 8.1.1 US Industrial Insulators Market by Type
- 8.1.2 US Industrial Insulators Market by Material Type
- 8.1.3 US Industrial Insulators Market by End Use
- 8.2 Canada Industrial Insulators Market
- 8.2.1 Canada Industrial Insulators Market by Type
- 8.2.2 Canada Industrial Insulators Market by Material Type
- 8.2.3 Canada Industrial Insulators Market by End Use
- 8.3 Mexico Industrial Insulators Market
- 8.3.1 Mexico Industrial Insulators Market by Type
- 8.3.2 Mexico Industrial Insulators Market by Material Type
- 8.3.3 Mexico Industrial Insulators Market by End Use
- 8.4 Rest of North America Industrial Insulators Market
- 8.4.1 Rest of North America Industrial Insulators Market by Type
- 8.4.2 Rest of North America Industrial Insulators Market by Material Type
- 8.4.3 Rest of North America Industrial Insulators Market by End Use
Chapter 9. Company Profiles
- 9.1 Evonik Industries AG (RAG-Stiftung)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
- 9.2 Cabot Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.3 The Dow Chemical Company
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 SWOT Analysis
- 9.4 The Sherwin-Williams Company
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Sika AG
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 BASF SE
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 SWOT Analysis
- 9.7 Saint-Gobain Group
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Exxon Mobil Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Avient Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. Adpro Ceramics India Pvt. Ltd.
- 9.10.1 Company Overview
LIST OF TABLES
- TABLE 1 North America Industrial Insulators Market, 2020 - 2023, USD Million
- TABLE 2 North America Industrial Insulators Market, 2024 - 2031, USD Million
- TABLE 3 North America Industrial Insulators Market by Type, 2020 - 2023, USD Million
- TABLE 4 North America Industrial Insulators Market by Type, 2024 - 2031, USD Million
- TABLE 5 North America Suspension Insulators Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Suspension Insulators Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Pin Insulators Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Pin Insulators Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Spool/Shackle Insulators Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Spool/Shackle Insulators Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Other Type Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Other Type Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Industrial Insulators Market by Material Type, 2020 - 2023, USD Million
- TABLE 14 North America Industrial Insulators Market by Material Type, 2024 - 2031, USD Million
- TABLE 15 North America Porcelain or Ceramic Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Porcelain or Ceramic Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Composite Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Composite Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Glass Market by Country, 2020 - 2023, USD Million
- TABLE 20 North America Glass Market by Country, 2024 - 2031, USD Million
- TABLE 21 North America Other Material Type Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Other Material Type Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Industrial Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 24 North America Industrial Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 25 North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Retail and E-commerce Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Retail and E-commerce Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Other End Use Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Other End Use Market by Country, 2024 - 2031, USD Million
- TABLE 37 North America Industrial Insulators Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Industrial Insulators Market by Country, 2024 - 2031, USD Million
- TABLE 39 US Industrial Insulators Market, 2020 - 2023, USD Million
- TABLE 40 US Industrial Insulators Market, 2024 - 2031, USD Million
- TABLE 41 US Industrial Insulators Market by Type, 2020 - 2023, USD Million
- TABLE 42 US Industrial Insulators Market by Type, 2024 - 2031, USD Million
- TABLE 43 US Industrial Insulators Market by Material Type, 2020 - 2023, USD Million
- TABLE 44 US Industrial Insulators Market by Material Type, 2024 - 2031, USD Million
- TABLE 45 US Industrial Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 46 US Industrial Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 47 Canada Industrial Insulators Market, 2020 - 2023, USD Million
- TABLE 48 Canada Industrial Insulators Market, 2024 - 2031, USD Million
- TABLE 49 Canada Industrial Insulators Market by Type, 2020 - 2023, USD Million
- TABLE 50 Canada Industrial Insulators Market by Type, 2024 - 2031, USD Million
- TABLE 51 Canada Industrial Insulators Market by Material Type, 2020 - 2023, USD Million
- TABLE 52 Canada Industrial Insulators Market by Material Type, 2024 - 2031, USD Million
- TABLE 53 Canada Industrial Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 54 Canada Industrial Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 55 Mexico Industrial Insulators Market, 2020 - 2023, USD Million
- TABLE 56 Mexico Industrial Insulators Market, 2024 - 2031, USD Million
- TABLE 57 Mexico Industrial Insulators Market by Type, 2020 - 2023, USD Million
- TABLE 58 Mexico Industrial Insulators Market by Type, 2024 - 2031, USD Million
- TABLE 59 Mexico Industrial Insulators Market by Material Type, 2020 - 2023, USD Million
- TABLE 60 Mexico Industrial Insulators Market by Material Type, 2024 - 2031, USD Million
- TABLE 61 Mexico Industrial Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 62 Mexico Industrial Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 63 Rest of North America Industrial Insulators Market, 2020 - 2023, USD Million
- TABLE 64 Rest of North America Industrial Insulators Market, 2024 - 2031, USD Million
- TABLE 65 Rest of North America Industrial Insulators Market by Type, 2020 - 2023, USD Million
- TABLE 66 Rest of North America Industrial Insulators Market by Type, 2024 - 2031, USD Million
- TABLE 67 Rest of North America Industrial Insulators Market by Material Type, 2020 - 2023, USD Million
- TABLE 68 Rest of North America Industrial Insulators Market by Material Type, 2024 - 2031, USD Million
- TABLE 69 Rest of North America Industrial Insulators Market by End Use, 2020 - 2023, USD Million
- TABLE 70 Rest of North America Industrial Insulators Market by End Use, 2024 - 2031, USD Million
- TABLE 71 Key Information - Evonik Industries AG
- TABLE 72 Key Information - Cabot corporation
- TABLE 73 Key Information - The Dow Chemical Company
- TABLE 74 Key Information - The Sherwin-Williams Company
- TABLE 75 Key Information - SIKA AG
- TABLE 76 Key Information - BASF SE
- TABLE 77 Key information - Saint-Gobain Group
- TABLE 78 Key Information - Exxon Mobil Corporation
- TABLE 79 Key Information - Avient Corporation
- TABLE 80 Key Information - Adpro Ceramics India Pvt. Ltd.
