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Impregnating Resins Market Share, Size, Trends, Industry Analysis Report, By Form (Solventless, Solvent-based); By Type (Polyurethane, Epoxy); By Application; By Region, And Segment Forecasts, 2023 - 2032
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Bodo Moller Chemie GmbH.
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Henkel AG
Huntsman International
JYOTI ENTERPRISES
Momentive Performance Materials
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VON ROLL
VUKI a.s.
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The global impregnating resins market size is expected to reach USD 3.30 billion by 2032, according to a new study by Polaris Market Research. The report "Impregnating Resins Market Share, Size, Trends, Industry Analysis Report, By Form (Solventless, Solvent-based), By Type (Polyurethane, Epoxy), By Application, By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising demand for impregnating resins in the electrical industry is driven by their crucial role in insulating and protecting components in powertrain systems, transformers, and home appliances. Their ability to enhance electrical insulation and ensure the reliable operation of electrical devices contributes significantly to their growing market demand. Impregnating resins are essential for insulating components like rotors and motors.
By providing a protective layer, these resins enhance the electrical insulation properties of these vital elements. This insulation is crucial for preventing electrical malfunctions ensuring the safe and efficient operation of vehicles. In electric vehicles, these resins are especially important, as they contribute to the insulation and overall performance of the vehicle's electric motor. Moreover, impregnating resins find applications in various home appliances where electrical components require insulation and protection. Whether in refrigerators, washing machines, or air conditioners, these resins play a role in enhancing the longevity and safety of electrical parts within these appliances.
Renewable energy generation is often decentralized and fluctuates based on weather conditions. To integrate this intermittent energy supply into the grid effectively, there is a need for robust and reliable electrical components, including transformers and power distribution systems. Impregnating resin is crucial in these components to ensure they remain well-insulated and function reliably under varying loads and conditions.
The increasing use of renewable energy sources, such as wind and solar power, calls for significant upgrades and expansion of the electrical grid. Renewable energy generation is often decentralized and fluctuates depending on weather conditions. To effectively integrate this intermittent energy supply into the grid, robust and reliable electrical components like transformers and power distribution systems are essential. Impregnating resin plays a crucial role in ensuring these components remain well-insulated and function reliably under varying loads and conditions.
Modernizing the infrastructure in the electrical industry involves upgrading and enhancing existing infrastructure with advanced technologies. This may include the installation of more efficient transformers, motors, and power distribution systems. As these advancements occur, there is a parallel need for high-performance insulating materials like impregnating resin. These resins play a vital role in ensuring the electrical components function optimally by providing insulation, which prevents short circuits and enhances the overall efficiency and safety of the systems.
Impregnating Resins Market Report Highlights
Solvent-less resins segment dominated the market, owing to its high-performance attributes compared to others
The epoxy resins segment held the largest share, as it is associated with high thermal resistance, insulation, & thermal stability
North America held the largest share, primarily due to the huge demand for automotive components and the consumer electronics industry
The key market players include BASF, ELANTA, Axalta Coating Systems, VON ROLL, Henkel, Huntsman International, 3M, and Wacker Chemie
Polaris Market Research has segmented the impregnating resins market report based on form, type, application, and region:
Impregnating Resins, Form Outlook (Revenue - USD Billion, 2019 - 2032)
Solventless
Solvent-based
Impregnating Resins, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Polyurethane
Polyester
Epoxy
Polyesterimide
Others
Impregnating Resins, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Powertrain System
Home Appliances
Transformer
Others
Impregnating Resins, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
3. Research Methodology
3.1. Overview
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Impregnating Resins Market Insights
4.1. Impregnating Resins Market - Application Snapshot
4.2. Impregnating Resins Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing demand for lightweight and high-performance composites
4.2.1.2. Growing adoption of impregnating resins in electrical and electronics industries
4.2.2. Restraints and Challenges
4.2.2.1. Volatility in raw material prices impacting cost of impregnating resins
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Impregnating Resins Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Impregnating Resins Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
5.3. Polyurethane
5.3.1. Global Impregnating Resins Market, by Polyurethane, by Region, 2019-2032 (USD Billion)
5.4. Polyester
5.4.1. Global Impregnating Resins Market, by Polyester, by Region, 2019-2032 (USD Billion)
5.5. Epoxy
5.5.1. Global Impregnating Resins Market, by Epoxy, by Region, 2019-2032 (USD Billion)
5.6. Polyesterimide
5.6.1. Global Impregnating Resins Market, by Polyesterimide, by Region, 2019-2032 (USD Billion)
5.7. Others
5.7.1. Global Impregnating Resins Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Impregnating Resins Market, by Form
6.1. Key Findings
6.2. Introduction
6.2.1. Global Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
6.3. Solventless
6.3.1. Global Impregnating Resins Market, by Solventless, by Region, 2019-2032 (USD Billion)
6.4. Solvent-based
6.4.1. Global Impregnating Resins Market, by Solvent-based, by Region, 2019-2032 (USD Billion)
7. Global Impregnating Resins Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
7.3. Powertrain System
7.3.1. Global Impregnating Resins Market, by Powertrain System, By Region, 2019-2032 (USD Billion)
7.4. Home Appliances
7.4.1. Global Impregnating Resins Market, by Home Appliances, By Region, 2019-2032 (USD Billion)
7.5. Transformer
7.5.1. Global Impregnating Resins Market, by Transformer, By Region, 2019-2032 (USD Billion)
7.6. Others
7.6.1. Global Impregnating Resins Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Impregnating Resins Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Impregnating Resins Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Impregnating Resins Market - North America
8.3.1. North America: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.3.2. North America: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.3.3. North America: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.3.4. Impregnating Resins Market - U.S.
8.3.4.1. U.S.: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.3.5. Impregnating Resins Market - Canada
8.3.5.1. Canada: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.3.5.3. Canada: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4. Impregnating Resins Market - Europe
8.4.1. Europe: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.2. Europe.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.3. Europe: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.4. Impregnating Resins Market - UK
8.4.4.1. UK: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.4.2. UK.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.4.3. UK: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.5. Impregnating Resins Market - France
8.4.5.1. France: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.5.2. France.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.5.3. France: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.6. Impregnating Resins Market - Germany
8.4.6.1. Germany: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.6.3. Germany: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.7. Impregnating Resins Market - Italy
8.4.7.1. Italy: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.7.3. Italy: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.8. Impregnating Resins Market - Spain
8.4.8.1. Spain: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.8.3. Spain: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.9. Impregnating Resins Market - Netherlands
8.4.9.1. Netherlands: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.4.10. Impregnating Resins Market - Russia
8.4.10.1. Russia: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.4.10.3. Russia: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5. Impregnating Resins Market - Asia Pacific
8.5.1. Asia Pacific: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.4. Impregnating Resins Market - China
8.5.4.1. China: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.4.2. China.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.4.3. China: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.5. Impregnating Resins Market - India
8.5.5.1. India: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.5.2. India.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.5.3. India: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.6. Impregnating Resins Market - Malaysia
8.5.6.1. Malaysia: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.7. Impregnating Resins Market - Japan
8.5.7.1. Japan: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.7.3. Japan: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.8. Impregnating Resins Market - Indonesia
8.5.8.1. Indonesia: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.5.9. Impregnating Resins Market - South Korea
8.5.9.1. South Korea: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.6. Impregnating Resins Market - Middle East & Africa
8.6.1. Middle East & Africa: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.6.4. Impregnating Resins Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.6.5. Impregnating Resins Market - UAE
8.6.5.1. UAE: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.6.5.3. UAE: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.6.6. Impregnating Resins Market - Israel
8.6.6.1. Israel: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.6.6.3. Israel: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.6.7. Impregnating Resins Market - South Africa
8.6.7.1. South Africa: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.7. Impregnating Resins Market - Latin America
8.7.1. Latin America: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.7.2. Latin America.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.7.3. Latin America: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.7.4. Impregnating Resins Market - Mexico
8.7.4.1. Mexico: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.7.5. Impregnating Resins Market - Brazil
8.7.5.1. Brazil: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
8.7.6. Impregnating Resins Market - Argentina
8.7.6.1. Argentina: Impregnating Resins Market, by Type, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Impregnating Resins Market, by Application, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Impregnating Resins Market, by Form, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. 3M
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Aditya Birla Group
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. ADVANCED ELECTRICAL VARNISHES
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Axalta Coating Systems Germany
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. BASF
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Bawa Polymers
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Bodo Moller Chemie GmbH.
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. ELANTAS
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Henkel AG
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Huntsman International
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. JYOTI ENTERPRISES
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Momentive Performance Materials
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Robnor ResinLab
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. VON ROLL
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. VUKI a.s.
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Wacker Chemie
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
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