Impregnating Resins Market Insights
Impregnating Resins Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Technological developments in the automotive sector and mounting demand for electricity are the major factors bolstering the global impregnating resins market. Further, enhancement and upgrading of the transmission & distribution network will underpin the market, globally, during the forecast period.
Impregnating Resins Market - Snapshot
|
Growth
|
7.2% for the next five years
|
Major Type
|
Solventless
|
Dominant Application Type
|
Automotive components
|
Region with the highest demand
|
Europe
|
Key Players
|
AEV, Axalta Coating Systems, Elantas, Hitachi Chemicals, 3M Company, Kyocera Corporation, Momentive, Von Roll Holdings, and Wacker Chemie.
|
Wish to Get a Free Sample? Click here.
Market Share Analysis
Impregnating Resins Market Share: By Type
Based on the type, the market is segmented as solvent-based, solventless, and others. The solventless segment is expected to hold the largest share of the market during the forecast period. The growth is due to their superior performance such as high reactivity, stability at room temperature, high resin film build, adaptability on any type of machine and process, and excellent technical properties when compared with other impregnating resins.
Impregnating Resins Market Share: By Application Type
Based on the application type, the market is segmented as motors and generators, transformers, home appliances, automotive components, and others. The automotive components segment is estimated to be the fastest-growing application segment during the forecast period. The growth of this segment is bolstered by the technological developments in the automotive industry. For instance, GM (model name: Bolt), Nissan (model name: Leaf), and Tesla Motors have successfully commercialized electric vehicles in the passenger car market.
Impregnating Resins Market Share: By Region
In terms of regions, Europe is the major revenue generating region in the global impregnating resins market, driven by its large industrial base. APAC is the fastest-growing impregnating resins market, across the world. The growth of the APAC’s impregnating resins market is owing to the increase and modernization of the transmission & distribution network and growing demand for electricity in the region. Furthermore, various initiatives undertaken by the governments of different countries of the region to attract investments from various international companies are also expected to drive the growth of the APAC’s impregnating resins market during the forecast period.
Impregnating Resins Market: Key Players
Some of the major players in the impregnating resins market are AEV, Axalta Coating Systems, Elantas, Hitachi Chemicals, 3M Company, Kyocera Corporation, Momentive, Von Roll Holdings, and Wacker Chemie.
Market Scope & segmentation
Impregnating Resins are also known as materials for secondary insulation. These are mainly resins in liquid form that are diluted with the help of reactive thinners. These resins are known to cure the objects completely on which applied.
Impregnating Resins can be solvent-based, solventless, or many others. Motor, generators, transformers, home appliances, automotive components, and others are the areas where the impregnating resins are used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Impregnating Resins Market Report - Features
|
Market Segmentation
|
3
|
Regions Covered
|
4
|
Countries/Sub-Regions Covered
|
15
|
No. of Figures & Tables
|
>150
|
Company Profiles
|
9
|
The impregnating resins market is segmented into the following categories.
Impregnating Resins Market Size, Share & Forecast, by Type:
- Solvent-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solventless (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Impregnating Resins Market Size, Share & Forecast, by Application Type:
- Motors and Generators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Transformers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Home Appliances (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive Components (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Impregnating Resins Market Size, Share & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.