Ranchi News Desk

Elantas (Germany) and Axalta Coating Systems (US) are the Key Players in the Impregnating Resins Market

 Breaking News
  • No posts were found

Elantas (Germany) and Axalta Coating Systems (US) are the Key Players in the Impregnating Resins Market

November 10
04:12 2021
Elantas (Germany) and Axalta Coating Systems (US) are the Key Players in the Impregnating Resins Market
Browse 88 market data Tables and 39 Figures spread through 134 Pages and in-depth TOC on “Impregnating Resins Market”
Impregnating Resins Market by Type (Solventless, Solvent Based), Application (Motors & Generators, Home Appliances, Transformers, Automotive Components), Region (North America, APAC, Europe, MEA, South America)

The impregnating resins market size is projected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The major drivers for the impregnating resins market include a rapidly growing population, increasing industrialization and urbanization, increasing electrification in emerging economies, and expansion of the manufacturing sector in emerging economies. 

Impregnating resins are used for secondary insulation for motors & generators, transformers, home appliances, and automotive components. Companies, such as Elantas (Germany), Axalta Coating Systems (US), Von Roll Holdings (Switzerland), Henkel (Germany), Kyocera Corporation (Japan), and Hitachi Chemical Co., Ltd. (Japan), operating in the impregnating resins market have adopted both organic and inorganic growth strategies such as investment & expansion, new product launch, merger & acquisition, and agreement & collaboration to serve their customers efficiently and increase their market shares.

To know about the assumptions considered for the study download the pdf brochure

Elantas (Germany) has a strong position in the impregnating resins market. The company has a strong product portfolio of impregnating resins, which are used for the impregnation of motors & generators, transformers, home appliances, and automotive components. Elantas offers a comprehensive portfolio suitable for dip, vacuum pressure impregnation (VPI), spray, and manual impregnating resin application methods. The products offered by the company are certified and suitable for recent motor and generator designs. It has 12 manufacturing sites located in India, China, Germany, Italy, Brazil, and the US. The company is focused on offering innovative and customized impregnating resins for diverse applications.         

Axalta Coating Systems (US) is another major player operating in the market. The company has a robust global presence and offers impregnating resins for a wide range of applications such as motors & generators, transformers, and automotive components. The company emphasizes on research & development in the field of impregnating resins technology, to strengthen product portfolio and to widen its product utility in various applications. Recently, Axalta Coating Systems has launched a new product, Voltatex 4224, a new styrene- and vinyl toluene-free impregnating resin that limits flammability and reduces VOC emissions.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=244814538

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/impregnating-resin-market-244814538.html

Related Articles