The global electrical insulator market size was estimated at USD 12.52 billion in 2023 and is projected to reach USD 18.37 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030. The market’s growth is primarily fueled by increasing infrastructure development and large-scale electrification initiatives taking place across the world, especially in...

The global electrical insulator market size was estimated at USD 12.52 billion in 2023 and is projected to grow at a CAGR of 5.7% from 2024 to 2030. The market's expansion is driven by increasing infrastructural development and electrification projects worldwide, particularly in emerging economies. Rising investments in renewable energy infrastructure also contribute significantly to...