Title: Impregnating Resins Market - Forecast(2022 - 2027)
1Impregnating Resins MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Impregnating Resins Market size is forecast to
reach US2.3 billion by 2027 after growing at a
CAGR of 7.2 during 2022-2027. Impregnation
resins are noticeably viscous and are organic
liquids that are utilized for wood modification. - They originally contain formaldehyde for phenol
formaldehyde resins, and another majorly used
resin includes epoxy resin. - Impregnating resins are also known as secondary
insulation material which is used in the form of
liquid resins that get diluted with the reactive
thinners, which acts as a catalyst in the
dispensing equipment.
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- Key Takeaways
- The Asia Pacific dominates the Impregnating
Resins market, like India, China, Japan as major
countries in consumption, and is likely to act as
an opportunity, in the future. - The automotive components segment is expected to
be the fastest-growing impregnating resins
application during the forecast period. - Automotive and electrical being the key end-use
industry, Increasing electric vehicle production
and consumption is expected to offer various
opportunities for the growth of the market.
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Impregnating Resins Market Segment Analysis By
Geography Asia-Pacific region held the largest
share in the Impregnating Resins market in 2021
up to 42. The Asia Pacific is a rapidly growing
region of the global market, primarily owing to
the rise in disposable income for the spending on
electric motors and the high population in the
region. China is the largest base for electrical
and electronics products in the world and
exhibits attractive opportunities for the
Impregnating Resins market in the Asia Pacific
due to the presence of some prominent electric
vehicle manufactures and innovators in the
country, government support, and rising awareness
regarding the benefits of electric motor and
appliances.
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- Impregnating Resins Market Industry Outlook
- Elantas
- Axalta Coating Systems
- Von Roll Holdings
- Hitachi Chemicals
- Kyocera Corporation
- AEV
- BASF
- Aditya Birla Chemicals
- Bodo Moller Chemie Group
- Robnor Resinlab
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Impregnating Resins Market- Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Impregnating
-Resins-Market-Research-505541
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- Analyst Briefing
- Data Tables
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