Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Impregnating Resins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global impregnating resins market size reached US$ 1.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.18 Billion by 2027, exhibiting a growth rate (CAGR) of 6.10% during 2022-2027.

Impregnating resins, also known as secondary insulation materials, refer to organic liquid resins diluted with reactive thinners. They contain formaldehyde and are composed of dimers and trimers of the main molecule. They are thick and viscous that are used in the forest products industry for wood modification. Impregnating resins are also used in electric motors, filament winding, generators, home appliances, electrical components, and transformers. They exhibit electrical insulation, protection from climate changes, and mechanical stability. They provide resin protection and enhance heat transfer among iron cores, slot insulations, and wires wending.

Impregnating Resins Market Trends:

The significant growth in the automotive industry across the globe is creating a positive outlook for the market. Impregnating resins are widely used to impregnate starters, electric motors, and alternators in conventional vehicles and electric vehicles (EVs). In line with this, the implementation of various government initiatives to accelerate decarbonization and reduce greenhouse gas (GHG) emissions are favoring the market growth. Additionally, the widespread product adoption for producing transformers, generators, and motors, and impregnating varnishes and wire enamels is acting as another growth-inducing factor. Apart from this, the introduction of water-based impregnation resins that are designed to be more environmentally friendly than conventional products is providing an impetus to the market growth. Moreover, the increasing demand for electrical and electronic components is facilitating the market growth. Resin impregnation of windings and copper wires prevents vibration, provides better insulation, increases heat exchange during regular operation, is resistant to stresses and temperature loads, and reduces the risk of short circuits in the windings, which, in turn, is augmenting the market growth. Other factors, including the widespread utilization of solvent-less impregnating resins, extensive research and development (R&D) activities, and the launch of advanced impregnating resins that makes the motor more protective and provides high mechanical stability, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global impregnating resins market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, form and application.

Breakup by Type:

  • Phenol Formaldehyde
  • Urea Formaldehyde
  • Melamine Formaldehyde
     

Breakup by Form:

  • Solventless
  • Solvent-based
  • Others
     

Breakup by Application:

  • Motors and Generators
  • Home Appliances
  • Transformer
  • Automotive Components
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Aev Asia Sdn. Bhd., Axalta Coating Systems Ltd., BASF SE, Bodo Möller Chemie GmbH, Elantas Pdg Inc. (Altana AG), Huntsman International LLC (Huntsman Corporation), Robnor ResinLab Ltd., Showa Denko Materials Co. Ltd, Von Roll Holding AG and Wacker Chemie AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Form, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, Aev Asia Sdn. Bhd., Axalta Coating Systems Ltd., BASF SE, Bodo Möller Chemie GmbH, Elantas Pdg Inc. (Altana AG), Huntsman International LLC (Huntsman Corporation), Robnor ResinLab Ltd., Showa Denko Materials Co. Ltd, Von Roll Holding AG and Wacker Chemie AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global impregnating resins market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global impregnating resins market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global impregnating resins market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Impregnating Resins Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Phenol Formaldehyde
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Urea Formaldehyde
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Melamine Formaldehyde
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Form
    7.1    Solventless
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Solvent-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Motors and Generators
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Home Appliances
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Transformer
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Automotive Components
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3M Company
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Aev Asia Sdn. Bhd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Axalta Coating Systems Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    BASF SE
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Bodo Möller Chemie GmbH
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Elantas Pdg Inc. (Altana AG)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Huntsman International LLC (Huntsman Corporation)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Robnor ResinLab Ltd.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Showa Denko Materials Co. Ltd
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Von Roll Holding AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Wacker Chemie AG
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Impregnating Resins Market: Major Drivers and Challenges
Figure 2: Global: Impregnating Resins Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Impregnating Resins Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Impregnating Resins Market: Breakup by Type (in %), 2021
Figure 5: Global: Impregnating Resins Market: Breakup by Form (in %), 2021
Figure 6: Global: Impregnating Resins Market: Breakup by Application (in %), 2021
Figure 7: Global: Impregnating Resins Market: Breakup by Region (in %), 2021
Figure 8: Global: Impregnating Resins (Phenol Formaldehyde) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Impregnating Resins (Phenol Formaldehyde) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Impregnating Resins (Urea Formaldehyde) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Impregnating Resins (Urea Formaldehyde) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Impregnating Resins (Melamine Formaldehyde) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Impregnating Resins (Melamine Formaldehyde) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Impregnating Resins (Solventless) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Impregnating Resins (Solventless) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Impregnating Resins (Solvent-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Impregnating Resins (Solvent-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Impregnating Resins (Other Forms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Impregnating Resins (Other Forms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Impregnating Resins (Motors and Generators) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Impregnating Resins (Motors and Generators) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Impregnating Resins (Home Appliances) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Impregnating Resins (Home Appliances) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Impregnating Resins (Transformer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Impregnating Resins (Transformer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Impregnating Resins (Automotive Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Impregnating Resins (Automotive Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Impregnating Resins (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Impregnating Resins (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Impregnating Resins Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Impregnating Resins Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Impregnating Resins Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Impregnating Resins Industry: SWOT Analysis
Figure 80: Global: Impregnating Resins Industry: Value Chain Analysis
Figure 81: Global: Impregnating Resins Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Impregnating Resins Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Impregnating Resins Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Impregnating Resins Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 4: Global: Impregnating Resins Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Impregnating Resins Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Impregnating Resins Market: Competitive Structure
Table 7: Global: Impregnating Resins Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4