Impregnating Resins Market Research
Report- Forecast to 2023
Some of the key players in the Global Impregnating Resins Market are Von Roll Holding AG
(Switzerland), Axalta Coating Systems (US), 3M (US), ALTANA (Germany), AET (Poland), Hitachi
Chemical Co., Ltd.(Japan), Wacker Chemie AG (Germany), Kyocera Corporation (Japan), Vuki a.s.
(Slovakia), and Bodo Möller Chemie GmbH (Germany).
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The Global Impregnating Resins Market has been segmented by type, application and region. Based
on product, the market has been segmented into solvent-based, solvent less, and others. Solvent less
accounted for the fastest growing segment in 2017 and is expected to grow at a significant CAGR
during the review period. This growth can be attributed to the increasing demand in electrical and
electronics industry due to superior benefits such as high reactivity, excellent stability, low viscosity,
room temperature impregnation, high resin film builds and slot fill, and advanced technical properties
among others. It helps in reducing VOC emissions. Also, the market players have developed new
generation water based impregnating resins to reduce VOC emissions.
Based on application, motors and generators segment accounted for the largest share of the global
impregnating resins in 2017 and is likely to grow at a healthy rate during the forecast period on account
of increasing demand in industries and residential sector. Automobile components is expected to be
the fastest growing segment owing to increased production of electric vehicles to reduce carbon
Based on region, the Impregnating Resins Market has been classified into North America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the largest share of the Impregnating Resins Market on account of the
growing end-use industries in the region, especia