Impregnating Resins Market to grow at a CAGR of 6.70% by 2025 |
NEW YORK, Nov. 23, 2021 /PRNewswire/ — The impregnating resins market is set to grow by USD 443.06 million from 2020 to 2025, progressing at a CAGR of 6.70% as per the latest market report by Technavio. 46% of the market’s growth will originate from APAC & China and India are the key markets for impregnating resins market in APAC. Increasing demand from the electrical and electronics industry will facilitate the impregnating resins market growth in APAC over the forecast period.
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The impregnating resins market covers the following areas:
The impregnating resins market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The market is driven by rapid industrialization in emerging economies. However, the factors such as volatile raw material prices may impede the market growth.
The impregnating resins market analysis includes segmentation by type (solventless and solvent-based) and geography (APAC, North America, Europe, South America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The impregnating resins market share growth by the solventless segment has been significant. The impregnating resins market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
Companies Mentioned
The Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including:
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Impregnating Resins Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.70% |
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Market growth 2021-2025 |
USD 443.06 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.11 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 46% |
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Key consumer countries |
China, India, US, Germany, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
AEV IBERICA SL, Axalta Coating Systems Ltd., BASF SE, bdtronic GmbH, Bodo Moller Chemie GmbH, DOPAG INDIA PVT LTD., ELANTAS GmbH, Hernon Manufacturing Inc., KYOCERA Corp., and Von Roll Holding… |
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