Worldwide sales of impregnating resins were valued at US$ 1.41 billion at the end of 2021, registering Y-o-Y growth of 3.8%. As per forecasts, the global impregnating resins market is projected to increase at a noteworthy CAGR of 6.5% and reach a market valuation of US$ 2.79 billion by 2032.
Impregnating resins are organic liquids that are used to modify wood. They are thick and viscous. Phenol-formaldehyde resins initially contained formaldehyde, and epoxy resins are other often used resins. Impregnating resins, also known as secondary insulating materials, are liquid resins that are dissolved with reactive thinners and utilized as a catalyst in dispensing apparatus.
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Competitive Landscape
Key players are focused on adopting advanced manufacturing technologies for the production of impregnating resins to penetrate the global market and to improve the overall supply chain in the global impregnating resins market.
Impregnating resin manufacturers are also focused on the continuous consolidation among key manufacturers and suppliers, and innovations in the production scenario of the target product for maintaining their existing customer base as well as increasing new customers. Innovations in technologies are expected to boost the demand for impregnating resins market across the globe.
For instance,
- Voltatex 4224, a new product from Axalta Coating Systems, was added to the company’s product line, including low-emission, styrene-free vinyl toluene impregnating resins.
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Key Companies Profiled:
- Momentive
- Von Roll
- ELANTAS GmbH
- Henkel AG & Co. KGaA
- Huntsman International LLC
- KYOCERA CORPORATION
- 3M
- Axalta Coating Systems
- Robnor ResinLab Ltd.
Key Segments Covered in Impregnating Resins Industry Research
- Impregnating Resins Market by Resin Type :
- Phenol-Formaldehyde Resins
- Urea-Formaldehyde Resins
- Melamine-Formaldehyde Resins
- Impregnating Resins Market by Form :
- Solventless Impregnating Resins
- Solvent-based Impregnating Resins
- Other Types
- Impregnating Resins Market by Thermal Class :
- Less than 130 Degree Celsius
- 130 Degree Celsius – 180 Degree Celsius
- More than 180 Degree Celsius
- Impregnating Resins Market by End Use :
- Electric Components
- Automotive Components
- Others
- Impregnating Resins Market by Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Questionnaire answered in the Impregnating Resins Market report include:
- How the market for Impregnating Resins has grown?
- What is the present and future outlook of the global Impregnating Resins on the basis of region?
- What are the challenges and opportunities for the Impregnating Resins?
- Why the consumption of Impregnating Resins highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Impregnating Resins market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Impregnating Resins market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Impregnating Resins market and assists to create strategies to overcome the obstacles that may hinder the growth of the Impregnating Resins market.
- Leverage: The Impregnating Resins market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Impregnating Resins market.
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