Global Impregnating Resins Market
Global impregnating resins market by technology (solvent-less, solvent-based), by resin type (epoxy, polyester, polyesterimides, others), by end user (automotive components, electrical & electronics, home appliances, motors & generators, transformers, others), by region (North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America), industry snapshot, 2022-2028
According to market research study published by Gen Consulting Company, the global impregnating resins market stood at around USD 1,396 million in 2021 and is projected to rise to a worth of USD 1,989 million by 2028 end, thereby garnering a CAGR of 5.1% during 2022-2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the technology, resin type, end user, and region. The global market data on impregnating resins can be segmented by technology: solvent-less, solvent-based. In 2021, the solvent-less segment made up the largest share of revenue generated by the impregnating resins market. Impregnating resins market is further segmented by resin type: epoxy, polyester, polyesterimides, others. The epoxy segment was the largest contributor to the global impregnating resins market in 2021. Based on end user, the impregnating resins market is segmented into: automotive components, electrical & electronics, home appliances, motors & generators, transformers, others. The motors & generators segment is estimated to account for the largest share of the global impregnating resins market. On the basis of region, the impregnating resins market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share of the global impregnating resins market in 2021 and is anticipated to hold its share during the forecast period.
The global impregnating resins market is highly competitive. Key companies profiled in the report include 3M Company, AEV Ltd., Axalta Coating Systems Ltd., Elantas GmbH, Henkel AG & Co. KGaA, Huntsman Corporation, Kyocera Corporation, Metafrax Group (Metadynea Austria GmbH), Momentive Inc., Showa Denko KK, Sichuan Dongfang Insulating Material Co. Ltd., Sichuan EM Technology Company Limited, Suzhou Jufeng Electrical Insulation System Co. Ltd., Suzhou Taihu Electric Newness Material Co. Ltd., Von Roll Holding AG, VUKI a.s.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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