How profitable is electrical insulating materials business in Nigeria?

On August 10th, our Nigeria customers came to ZTelec Group for investigation. On one hand, they wanted to conduct ...

On August 10th, our Nigeria customers came to ZTelec Group for investigation. On one hand, they wanted to conduct a survey of electrical insulating materials manufacturers which will help them do business in Nigeria better. On the other hand, this business was new to them, they wanted to know more about development trend of insulating materials to see whether it is profitable or not; What mattered most was that they needed to master the core technology. After this visit, they found that the market of electrical insulating materials like FR4/G10/G11 sheet was open and huge. They would absorb advanced technology and put it into action after they went back to Nigeria.

Development trend of electrical and electronic insulating materials

As the key basic material of equipment industry, insulation material is widely used in electric power, motor, electronic information, rail transportation, aerospace and military industry and other fields. For the power industry, insulation material is the key material to ensure the reliable, lasting and safe operation of electrical equipment. Its level will directly affect the development level and operation quality of the power industry.

Since the 21st century, with the rapid growth of the national economy, the rapid development of power generation, power transmission and motor industry promotes the strong development of China's insulation material industry. At present, the national insulation material production enterprises and research institutions are more than 800. At the same time, with the continuous improvement of the technical level of domestic insulation material production enterprises, some products have reached a higher level and have strong competitiveness in the international market.