Global Vacuum Impregnation Equipment market will reach 150 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/8/1

Vacuum Impregnation equipment is a kind of machine that uses vacuum and pressure to seal porous materials with varnish or resin.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Vacuum Impregnation Equipment market to approach these areas. LPI analysis of the Vacuum Impregnation Equipment market indicated that Europe would account for the highest revenue in 2025 with close to 38 percent of global sales coming from this region, but developing countries such as China, India and Southeast Asia has the highest growth rate. Vendors recognize the importance of this region, are working towards penetrating this market by strengthening their sales and distribution networks.

The global Vacuum Impregnation Equipment market was 120 million US$ in 2018 and is expected to 150 million US$ by the end of 2025, growing at a CAGR of 3.1% between 2019 and 2025.

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