Global Impregnating Resins Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new market report, global impregnating resins market will account to an estimated USD 1.5 billion in 2018 growing at a CAGR of 6.47% during the forecast period of 2019 to 2026.

Global Impregnating Resins Market

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Global Impregnating Resins Market

Impregnating resins which also known as secondary insulation materials is a liquid resins that get diluted with reactive thinner. They usually have high mechanical stability, provide protection from climate influences and improve the heat dissipation. They are widely used in generators, electric motors, and transformers. They provide protection to resin and improve heat transfer between wires wending, iron cores and slot insulations.

Segmentation: Global Impregnating Resins Market

Global impregnating resins market is segmented on the basis of applications and geography.

By Form (Solventless, Solvent- Based, Others), Application (Motors & Generators, Home Appliances, Transformers, Automotive Components, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Recent development in the market

  • In December 2016, Axalta Coating Systems announced the launch of the VoltapremTM 5000 which is a new impregnating resin which is specially designed for the insulation of medium and high voltage equipment and is also suitable for vacuum- pressure impregnation. Due to its special chemical characteristics user can optimize the impregnation and utilize efficiency gains.
  • In October 2017, electrolube announce the launch of their new conformal coatings and resins. The coating series include 2K350 and 2K550 polyurethane coatings and resins include UR5640 and UR5641. They offer water white transparency which makes them suitable for encapsulating LED luminaires. UR5640 has high resistance to weather, acids and alkalis, water and mould growth and is also scratch resistant.

Key Market Competitors:

Few of the major competitors currently working in impregnating resins market are ALTANA, Axalta Coating Systems, LLC, Von Roll Holding AG, Hitachi Chemical Co, Ltd., 3M, KYOCERA Corporation, AEV Ltd, Momentive, VUKI a.s., Wacker Chemie AG, Aditya Birla Chemicals, GABRIEL and Robnor ResinLab Ltd.

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