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2024: Southeast Asia Composite Insulator Market Expands Rapidly

2024-03-29

In 2024, data from the International Energy Agency (IEA) showed that power demand in Southeast Asia increased by over 7% year-on-year. Countries such as Indonesia and Vietnam accelerated grid modernization, with utility companies replacing traditional porcelain insulators with composite ones to reduce maintenance costs and enhance grid resilience against extreme weather, driving rapid development of the regional composite insulator market.