含浸樹脂の世界市場：2028年までの予測 - タイプ別、樹脂タイプ別、熱クラス別、用途別、エンドユーザー別、地域別の分析

Stratistics MRCによると、含浸樹脂の世界市場は2022年に14億9,800万米ドルを占め、2028年には22億4,810万米ドルに達し、予測期間中に7%のCAGRで成長すると予測されています。

製造分野では、含浸樹脂と金属エナメルの両方が、変圧器、モーター、発電機の製造に使用されています。巻線、ラミネートコア、含浸樹脂を必要とする絶縁材料は、電気産業で使用されるさまざまな部品の一部です。

半導体セクター協会（SIA）によると、2021年11月の世界半導体産業売上高は497億米ドルで、2020年11月の402億米ドルから23.5％増加し、2021年10月の490億米ドルから1.5％増加しました。

市場力学

促進要因

自動車生産台数の増加と効率的な絶縁プロセスの必要性

最高の出力密度と低騒音で長持ちするエンジンの需要の増加により、含浸樹脂の採用が急速に進んでいます。含浸樹脂は、1液および2液、低粘度、高熱級のソリューションを提供し、トリクル含浸やロールディップ含浸を行います。これらのオプションは、自動車部品の製造に使用される一般的なプロセスの大部分に適しています。機械的安定性、気候保護、電気絶縁を実現するために、含浸樹脂（しばしば二次絶縁材と呼ばれる）は不可欠です。モーター、自動車部品、電気部品など、多くの自動車部品の製造に広く使われています。さらに、含浸樹脂は、銅の巻線とコイルの放熱性、機械的安定性、環境要因からの塗膜保護も向上させます。

抑制要因

高品質な原材料のコスト高

新興国における自動車産業や電機産業の成長により、需要の増加と品質基準の引き下げが進み、新たな市場機会が生まれると予想されます。含浸樹脂の品質向上は、原料コストの変動により困難です。例えば、BASF社は、原料価格の変動により、欧州の全含浸樹脂の価格を1トン当たり29.93米ドル急遽値上げせざるを得なくなっています。不足に起因する予期せぬ変化は、顧客とサプライヤーの双方に影響を及ぼす可能性があります。高品質な原材料の価格が高いため、サプライヤーは低品位の原材料を使用することを好みます。予測期間中、これらの要因が市場成長の妨げになることが予想されます。

機会

含浸樹脂の採用拡大

電気UVやホットディッピングのプロセスとモノマーフリーや低エミッションの樹脂を組み合わせることで、高い効果や操作性を実現することができます。また、EVの普及と生産量の増加に伴い、含浸樹脂は優れた性能を持ちながら競争力のある価格であることから、広く採用されています。含浸樹脂の製造には、自動車業界やエレクトロニクス業界の多くの企業が、再生可能な原材料を使用しています。そのため、低排出ガス含浸樹脂の製造に力を入れており、標準設計のモーターをより低温で動作させることにより、モーターメーカーはより効率的で小型のモーターを製造できるようになり、これが市場の成長を促進すると予想されます。

脅威

溶剤系樹脂の総コスト増と低効率化

含浸樹脂を使用することにより、最終的な生産コスト、ひいては最終製品のコストが上昇します。含浸樹脂と同等の絶縁性を持ちながら、より安価な代替手段を採用する傾向が強まっています。溶剤系含浸樹脂は耐熱性に劣るため、性能的に劣り、市場成長の制約になる可能性があります。また、外部環境において溶剤系樹脂の性能品質が低下する懸念があります。

COVID-19の影響

パンデミックによる自動車産業などのエンドユーザー産業の需要減により、COVID-19は含浸樹脂全体の成長に大きな影響を及ぼしました。2020年、自動車産業は約19％減少し、総生産台数は2019年の1089万台超から882万台に減少しました。その結果、生産率が大幅に低下し、含浸樹脂の市場成長にマイナスの影響を及ぼしています。また、他の製造業の生産率も低下しています。

予測期間中、無溶剤樹脂のセグメントが最大となる見込み

二次絶縁を維持するための需要が増加しているため、無溶剤セグメントは予測期間中に最大の収益シェアを経験すると予想されます。無溶剤樹脂は、温度等級200までの中高圧機器、直流機器、電磁コイル、変圧器、電動機などの電気機械巻線に使用されています。また、回転機器への迅速かつ徹底的な含浸を可能にするため、電気機器メーカーは無溶剤含浸樹脂を頻繁に使用しています。さらに、含浸樹脂は、組成安定性、低媒体損失、接着強度、調製の簡便性に優れていることから、電子部品製造工場でさまざまな用途に使用されています。

予測期間中、最も高いCAGRが見込まれるフェノールホルムアルデヒド樹脂セグメント

優れた断熱性、低密度、優れた耐久性を持つ製品への需要により、フェノールホルムアルデヒド部門は予測期間中に世界市場で有利な成長を遂げると予想されています。手頃な価格の構造用接着剤の1つは、フェノールホルムアルデヒド縮合物であり、フェノールまたは置換フェノールをホルムアルデヒドと反応させることによって作られる合成高分子です。また、回路基板の製造に重要な役割を果たし、プールのキュー、コーティング剤、接着剤、実験用カウンターなどの成型品の製造に頻繁に使用されます。さらに、酸溶液中でフェノール-ホルムアルデヒド樹脂を使用することにより、炭素鋼の腐食による劣化の速度が著しく遅くなりました。

最もシェアの高い地域

京セラ株式会社や昭和電工株式会社をはじめとする重要な市場プレイヤーの存在感が高まっており、それが市場の収益成長に拍車をかけているため、アジア太平洋地域は予測期間中に世界市場で最大の収益シェアを占めると予想されます。また、中国や日本などの国々では、家電製品や電子部品の生産が増加しているため、優れた電気絶縁性を実現するための含浸樹脂の需要が高まっています。また、規制当局による排出量削減のための厳しい規制の実施により、高品質の電気部品に対する需要が増加していることも、市場収益の成長を促す重要な要因となっています。

CAGRが最も高い地域

北米地域は、産業数の増加や技術の進歩により、予測期間中に急速な成長を遂げると予想されます。市場の収益拡大に影響を与えるその他の要因としては、北米における長年の産業基盤や、樹脂で強化されたファイバーグラスの需要増が挙げられます。さらに、電気絶縁、熱伝達の改善、電気部品のフィラメント巻きなどの用途で含浸樹脂を使用するために、政府からの高い資金提供があり、これらの材料の使用量が増加していることです。さらに、この地域の老朽化した送電・配電インフラの交換により、含浸樹脂の需要が増加すると予想されます。

主な発展

2019年6月、AEV社はハンガリーのメーカーKorax Kftの100％持分全株式を取得しました。電気・電子産業で使用されるエポキシ樹脂とポリウレタンキャスティング樹脂のメーカーです。

2018年10月、京セラ株式会社は、神奈川県に生産工場を着工し、2020年4月に開所すると発表しました。この施設では、半導体、デジタル機器、カーエレクトロニクス、エネルギー製品などに活用される導電・絶縁ペーストについて、同社の生産能力を50％増強すると報じられています。

本レポートの内容

• 地域別・国別セグメントの市場シェア評価
• 新規参入企業への戦略的提言
• 2020年、2021年、2022年、2025年、2028年の市場データを網羅
• 市場動向（市場促進要因・促進要因・機会・脅威・課題・投資機会・提言）を網羅
• 市場推定に基づく、主要ビジネスセグメントにおける戦略的推奨事項
• 主要な共通トレンドをマッピングした競合情勢
• 詳細な戦略、財務、最近の開発状況を含む企業プロファイル
• 最新の技術的進歩をマッピングしたサプライチェーン動向

無料カスタマイズサービス

本レポートをご購読のお客様には、以下のカスタマイズオプションのいずれかを無償でご提供いたします。

• 企業プロファイル
  • 追加市場プレイヤーの包括的なプロファイリング（最大3社まで）
  • 主要プレイヤーのSWOT分析（3社まで）
• 地域別セグメンテーション
  • お客様のご希望に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによります。）
• 競合ベンチマーキング

製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要プレイヤーのベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 仮定

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• アプリケーション分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターズファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の含浸樹脂市場：タイプ別

• 溶剤系樹脂
• 無溶剤樹脂
• その他のタイプ
  • 無溶剤樹脂・VOCフリー樹脂
  • 水性樹脂

第6章 世界の含浸樹脂市場：樹脂タイプ別

• フェノールホルムアルデヒド樹脂
• メラミンホルムアルデヒド樹脂
• 尿素ホルムアルデヒド樹脂

第7章 世界の含浸樹脂市場：サーマルクラス別

• 摂氏130度未満
• 摂氏130度～摂氏180度
• 摂氏180度以上

第8章 世界の含浸樹脂市場：用途別

• モーター＆ジェネレーター
• 家電
• トランスフォーマー
• その他のアプリケーション

第9章 世界の含浸樹脂市場：エンドユーザー別

• 電気部品
• 自動車部品

第10章 世界の含浸樹脂市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東

第11章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第12章 企業プロファイル

• Axalta Coating Systems
• 3M
• ALTANA
• Bodo Moller Chemie GmbH
• Vuki A.S.
• Kyocera Corporation
• Von Roll Holding AG
• Hitachi Chemical Co., Ltd.
• Wacker Chemie AG
• 1. Robnor ResinLab Ltd
• Momentive
• 1. Huntsman International LLC
• Sichuan EM Technology Co. Ltd
• AEV Ltd
• Polycast Industries Inc.

List of Tables

• 1 Global Impregnating Resins Market Outlook, By Region (2020-2028) ($MN)
• 2 Global Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 3 Global Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 4 Global Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 5 Global Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 6 Global Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 7 Global Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 8 Global Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 9 Global Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 10 Global Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 11 Global Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 12 Global Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 13 Global Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 14 Global Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 15 Global Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 16 Global Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 17 Global Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 18 Global Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 19 Global Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 20 Global Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 21 Global Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 22 Global Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 23 Global Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)
• 24 North America Impregnating Resins Market Outlook, By Country (2020-2028) ($MN)
• 25 North America Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 26 North America Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 27 North America Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 28 North America Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 29 North America Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 30 North America Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 31 North America Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 32 North America Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 33 North America Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 34 North America Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 35 North America Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 36 North America Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 37 North America Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 38 North America Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 39 North America Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 40 North America Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 41 North America Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 42 North America Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 43 North America Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 44 North America Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 45 North America Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 46 North America Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)
• 47 Europe Impregnating Resins Market Outlook, By Country (2020-2028) ($MN)
• 48 Europe Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 49 Europe Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 50 Europe Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 51 Europe Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 52 Europe Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 53 Europe Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 54 Europe Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 55 Europe Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 56 Europe Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 57 Europe Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 58 Europe Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 59 Europe Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 60 Europe Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 61 Europe Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 62 Europe Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 63 Europe Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 64 Europe Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 65 Europe Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 66 Europe Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 67 Europe Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 68 Europe Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 69 Europe Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)
• 70 Asia Pacific Impregnating Resins Market Outlook, By Country (2020-2028) ($MN)
• 71 Asia Pacific Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 72 Asia Pacific Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 73 Asia Pacific Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 74 Asia Pacific Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 75 Asia Pacific Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 76 Asia Pacific Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 77 Asia Pacific Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 78 Asia Pacific Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 79 Asia Pacific Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 80 Asia Pacific Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 81 Asia Pacific Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 82 Asia Pacific Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 83 Asia Pacific Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 84 Asia Pacific Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 85 Asia Pacific Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 86 Asia Pacific Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 87 Asia Pacific Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 88 Asia Pacific Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 89 Asia Pacific Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 90 Asia Pacific Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 91 Asia Pacific Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 92 Asia Pacific Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)
• 93 South America Impregnating Resins Market Outlook, By Country (2020-2028) ($MN)
• 94 South America Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 95 South America Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 96 South America Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 97 South America Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 98 South America Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 99 South America Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 100 South America Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 101 South America Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 102 South America Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 103 South America Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 104 South America Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 105 South America Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 106 South America Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 107 South America Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 108 South America Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 109 South America Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 110 South America Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 111 South America Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 112 South America Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 113 South America Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 114 South America Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 115 South America Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)
• 116 Middle East & Africa Impregnating Resins Market Outlook, By Country (2020-2028) ($MN)
• 117 Middle East & Africa Impregnating Resins Market Outlook, By Type (2020-2028) ($MN)
• 118 Middle East & Africa Impregnating Resins Market Outlook, By Solvent Based Resins (2020-2028) ($MN)
• 119 Middle East & Africa Impregnating Resins Market Outlook, By Solvent Less Resins (2020-2028) ($MN)
• 120 Middle East & Africa Impregnating Resins Market Outlook, By Other Types (2020-2028) ($MN)
• 121 Middle East & Africa Impregnating Resins Market Outlook, By Solvent Free Resins/VOC Free Resins (2020-2028) ($MN)
• 122 Middle East & Africa Impregnating Resins Market Outlook, By Water Based Resins (2020-2028) ($MN)
• 123 Middle East & Africa Impregnating Resins Market Outlook, By Resin Type (2020-2028) ($MN)
• 124 Middle East & Africa Impregnating Resins Market Outlook, By Phenol Formaldehyde Resins (2020-2028) ($MN)
• 125 Middle East & Africa Impregnating Resins Market Outlook, By Melamine Formaldehyde Resins (2020-2028) ($MN)
• 126 Middle East & Africa Impregnating Resins Market Outlook, By Urea Formaldehyde Resins (2020-2028) ($MN)
• 127 Middle East & Africa Impregnating Resins Market Outlook, By Thermal Class (2020-2028) ($MN)
• 128 Middle East & Africa Impregnating Resins Market Outlook, By Less than 130 Degree Celsius (2020-2028) ($MN)
• 129 Middle East & Africa Impregnating Resins Market Outlook, By 130 Degree Celsius - 180 Degree Celsius (2020-2028) ($MN)
• 130 Middle East & Africa Impregnating Resins Market Outlook, By More than 180 Degree Celsius (2020-2028) ($MN)
• 131 Middle East & Africa Impregnating Resins Market Outlook, By Application (2020-2028) ($MN)
• 132 Middle East & Africa Impregnating Resins Market Outlook, By Motors & Generators (2020-2028) ($MN)
• 133 Middle East & Africa Impregnating Resins Market Outlook, By Home Appliances (2020-2028) ($MN)
• 134 Middle East & Africa Impregnating Resins Market Outlook, By Transformers (2020-2028) ($MN)
• 135 Middle East & Africa Impregnating Resins Market Outlook, By Other Applications (2020-2028) ($MN)
• 136 Middle East & Africa Impregnating Resins Market Outlook, By End User (2020-2028) ($MN)
• 137 Middle East & Africa Impregnating Resins Market Outlook, By Electric Components (2020-2028) ($MN)
• 138 Middle East & Africa Impregnating Resins Market Outlook, By Automotive Components (2020-2028) ($MN)

According to Stratistics MRC, the Global Impregnating Resins Market is accounted for $1498.0 million in 2022 and is expected to reach $2248.1 million by 2028 growing at a CAGR of 7% during the forecast period. In the manufacturing sector, impregnating resins and metal enamels are both used in the production of transformers, motors, and generators. Wire windings, laminated cores, and insulating materials requiring impregnating resins are some of the various parts used in the electrical industry.

According to the Semiconductor Sector Association (SIA), worldwide semiconductor industry sales totaled USD 49.7 billion in November 2021, up by 23.5% from USD 40.2 billion in November 2020 and 1.5% higher than USD 49.0 billion in October 2021.

Market Dynamics:

Driver:

Rising automotive production and need for efficient insulation processes

The increasing demand for long-lasting engines with the highest power density and the lowest noise emissions has resulted in a rapid adoption of impregnating resins. Impregnating resins offer one- and two-component, low-viscosity, high-thermal-class solutions for trickle and roll-dip impregnation. These options are appropriate for the majority of common processes used to create automotive parts. In order to provide mechanical stability, climate protection, and electrical insulation, impregnating resins-often referred to as secondary insulators-are essential. It is widely used in the manufacture of many automotive components, including motors, automotive and electrical components. Moreover, impregnating resins also provide better heat dissipation for copper windings and coils, mechanical stability, and coating protection from environmental factors.

Restraint:

High cost of premium quality raw materials

Through increased demand and a lowering of quality standards, the growth of the automotive and electric industries in developing nations is planning to open up new market opportunities. Improving the quality of impregnating resins is challenging due to fluctuating raw material costs. For instance, BASF was forced to abruptly increase the price of all of its impregnating resins in Europe by USD 29.93 per metric tonne as a result of changes in the price of raw materials. Unexpected changes resulting from shortages could have an impact on both customers and suppliers. Due to the high price of high-quality raw materials, suppliers prefer to use lower-grade raw materials. Over the course of the projection period, these factors are anticipated to impede market growth.

Opportunity:

Increasing adoption of impregnating resins

By combining electrical UV and hot dipping processes with monomer-free or low-emission resins, solutions that are highly effective and operate at a high level are produced. Additionally, as EV usage and production have increased, impregnating resins have been widely used because they offer superior performance at competitive prices. For the production of impregnating resins, many companies in the automotive and electronics industries use renewable raw materials. Therefore, they are focusing on creating low-emission impregnating resins that will allow motor manufacturers to produce more efficient and smaller motors by allowing standard design motors to run at lower temperatures, which is anticipated to propel market growth.

Threat:

Increased total cost and low efficiency of solvent-based resins

The final cost of production and eventually the cost of the finished product rise as a result of the use of impregnating resins. There is a rising trend to adopt alternative, more affordable methods of providing the same insulation as impregnating resins, but at a lower cost. Due to the inferior heat resistance of solvent-based impregnating resins compared to their counterparts, which results in their poor performance, this may restrict market growth. There are also concerns about solvent-based resins in the external environment, which results in diminished performance quality.

COVID-19 Impact:

Due to the decline in demand for end-user industries like the automotive industry and other industries due to the pandemic, COVID-19 had a significant impact on the overall growth of impregnating resins. In 2020, the automotive industry experienced a decline of about 19%, and the total number of vehicles produced fell to 8.82 million from over 10.89 million in 2019. As a result, the growth of the market for impregnating resins has been negatively impacted by a significant decrease in production rates. The output rates of the other manufacturing sectors have also decreased.

The solvent less resins segment is expected to be the largest during the forecast period

Because of the increasing demand for maintaining secondary insulation, the solventless segment is anticipated to experience the largest revenue share during the forecast period. Up to temperature class 200, solventless resins are used to coat the electrical machine windings of medium-voltage equipment, direct current equipment, electromagnetic coils, potential transformers, and traction motors, among others. Additionally, to enable quick and thorough impregnation of rotating machines, manufacturers of electrical equipment frequently use solventless impregnating resins. Moreover, impregnating resins are also used in a variety of applications by electronic component manufacturing facilities because of their superior composition stability, low medium loss, bonding strength, and simplicity of preparation.

The phenol formaldehyde resins segment is expected to have the highest CAGR during the forecast period

Owing to the demand for products with good thermal insulation, low density, and exceptional durability, the phenol formaldehyde segment is anticipated to have lucrative growth in the global market over the forecast period. One of the affordable structural adhesives is a phenol-formaldehyde condensation product, which is a synthetic polymer made by reacting phenols or substituted phenols with formaldehyde. They also serve as a crucial component in the production of circuit boards and are frequently used in the production of moulded products like pool cues, coatings, adhesives, and lab counters. Additionally, the rate of corrosion-induced deterioration of carbon steel was significantly slowed by the use of phenol-formaldehyde resins in acid solutions.

Region with largest share:

Because of the growing presence of significant market players, including Kyocera Corporation and Showa Denko K.K., among others, which are fueling market revenue growth, the Asia Pacific region is anticipated to account for the largest revenue share in the global market during the forecast period. Additionally, the demand for impregnated resins to provide superior electrical insulation has increased due to countries like China and Japan's increased production of household appliances and electronic components. Another significant factor driving market revenue growth is the increase in demand for high-quality electrical components as a result of the implementation of strict regulations by regulators to reduce emissions.

Region with highest CAGR:

Due to a rising number of industries and technological advancements, the North American region is anticipated to grow at a rapid pace during the forecast period. Other factors influencing the growth of the market's revenue include the long-standing industrial base in North America and the rising demand for fibreglass reinforced with resin. Additionally, there is high government funding available for the use of impregnated resins in applications like electrical insulation, improved heat transfer, and filament winding in electrical components, which has led to an increase in the use of these materials. Moreover, it is anticipated that replacement of the region's outdated transmission and distribution infrastructure will increase demand for impregnating resins.

Key players in the market

Some of the key players in Impregnating Resins market include Axalta Coating Systems, 3M, ALTANA, Bodo Moller Chemie GmbH, Vuki A.S., Kyocera Corporation, Von Roll Holding AG, Hitachi Chemical Co., Ltd., Wacker Chemie AG, Robnor ResinLab Ltd, Momentive, Huntsman International LLC, Sichuan EM Technology Co. Ltd, AEV Ltd and Polycast Industries Inc.

Key Developments:

In June 2019, AEV Company acquired the whole 100% equity shares of a Hungarian manufacturer, Korax Kft. They are manufacturers of Epoxy and Polyurethane Casting resins used for the electrical and electronic industry.

In October 2018, Kyocera Corporation announced that they will begin the construction of their manufacturing plant in Kanagawa, Japan, and open the facility in April 2020. The facility reportedly will increase the company's capacity by 50% for conductive and insulation pastes utilized in semiconductors, digital devices, automotive electronics, and energy products, among others.

Types Covered:

• Solvent Based Resins
• Solvent Less Resins
• Other Types

Resin Types Covered:

• Phenol Formaldehyde Resins
• Melamine Formaldehyde Resins
• Urea Formaldehyde Resins

Thermal Classes Covered:

• Less than 130 Degree Celsius
• 130 Degree Celsius - 180 Degree Celsius
• More than 180 Degree Celsius

Applications Covered:

• Motors & Generators
• Home Appliances
• Transformers
• Other Applications

End Users Covered:

• Electric Components
• Automotive Components

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Impregnating Resins Market, By Type

• 5.1 Introduction
• 5.2 Solvent Based Resins
• 5.3 Solvent Less Resins
• 5.4 Other Types
  • 5.4.1 Solvent Free Resins/VOC Free Resins
  • 5.4.2 Water Based Resins

6 Global Impregnating Resins Market, By Resin Type

• 6.1 Introduction
• 6.2 Phenol Formaldehyde Resins
• 6.3 Melamine Formaldehyde Resins
• 6.4 Urea Formaldehyde Resins

7 Global Impregnating Resins Market, By Thermal Class

• 7.1 Introduction
• 7.2 Less than 130 Degree Celsius
• 7.3 130 Degree Celsius - 180 Degree Celsius
• 7.4 More than 180 Degree Celsius

8 Global Impregnating Resins Market, By Application

• 8.1 Introduction
• 8.2 Motors & Generators
• 8.3 Home Appliances
• 8.4 Transformers
• 8.5 Other Applications

9 Global Impregnating Resins Market, By End User

• 9.1 Introduction
• 9.2 Electric Components
• 9.3 Automotive Components

10 Global Impregnating Resins Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Axalta Coating Systems
• 12.2 3M
• 12.3 ALTANA
• 12.4 Bodo Moller Chemie GmbH
• 12.5 Vuki A.S.
• 12.6 Kyocera Corporation
• 12.7 Von Roll Holding AG
• 12.8 Hitachi Chemical Co., Ltd.
• 12.9 Wacker Chemie AG
• 12.10 1. Robnor ResinLab Ltd
• 12.11 Momentive
• 12.12 1. Huntsman International LLC
• 12.13 Sichuan EM Technology Co. Ltd
• 12.14 AEV Ltd
• 12.15 Polycast Industries Inc.