Resin Market - Forecast, COVID -19 Impact, Trend Analysis & Competition Tracking - Global Market Insights 2015-2030

Resin Market: Introduction

Over the last few years, advancement in chemistry of composites has helped expanding the potential applications of numerous classes of resins. Key types including epoxies, polyesters, bismaleimides, polyimides, and phenolics have bolstered the market growth. A large pace of the evolution of the resin market comes from increasing popularity of epoxy resin systems. The use of cross-linking agent and fibrous fillers has helped modify the chemical resistance and mechanical properties of these resins. Increasing demand for high-performance resins, mainly epoxy resins in the automotive sector is also prevailing the resin market.  Bio-based resins are widely used among packaging vendors and plastics manufacturers. Increasing utilization of molded plastics in lightweight vehicles is a crucial factor boosting the market. Moreover, the market has gained from extensive growth owing use of urea-formaldehyde resin in wood-based composites.

Resin Market: Key Dynamics

Resin market is projected to witness a positive trend over the forecast period. The analytical research study for resin imparts an all-inclusive key dynamics on the market, while propounding actionable insights of trends which are expected to influence the market over the forecast period. Inputs from industry participants & opinion leaders around the value chain are taken into consideration for analysing the demand side and supply side drivers. Macroeconomic indicators, growth determinants and parent market inclinations have been scrutinized, for delivering profound market dynamics. Overall the key dynamics section of the report provides comprehensive insights on variable dynamics which influence sales, demand, supply, production and revenue growth in resin market worldwide.

Resin Market: Report Scope

The “Global Resin Market” report offers in-depth analysis of micro and macro-economic factors, price point assessment, along with market attractiveness analysis. The report also focuses on multiple qualitative and quantitative factors on global resin market geographies and market segments. The report also aims to provide a detailed overview of the parent market for analysing the competitive landscape of the global resin market in the chemicals and materials industry. The report is dedicated to offering strategic information on leading resin market players and offers several growth prospects of the resin market.

Resin Market: Segmentation

The global resin market is segmented on the basis of type, application, and end use industry.

The global resin market on the basis of type is segmented as:

·         Unsaturated Polyester Resins

·         Alkyd Resins

·         Emulsion Polymers

·         Amino Resins

·         Polyester Resin

·         Polyurethane Resins

·         Polyamide Epichlorohydrin Resin

·         Formaldehyde Resin

·         Others

The global resin market on the basis of application is segmented as:

·         Coatings (Can and Coil Coatings, Powder Coatings, Decorative Coatings, Industrial Coatings)

·         Composites

·         Packaging

·         Paints & Varnishes

·         Bituminous Materials

·         Dentistry

·         Foundry Binders

·         Food Packaging

·         Others

The global resin market on the basis of end use industry is segmented as:

·         Electrical and Electronics

·         Automotive

·         Civil Engineering

·         Marine and Shipbuilding

·         Healthcare

·         Oil & Gas

·         Packaging

·         Others

Resin Market: Key Market Players

Along with the company profiles of key companies enabling the market expansion, the report covers a detailed competition landscape scenario of the resin market. Comparison and market share analysis of prominent players provided in the report offers the reader preventive steps to advance their businesses. The reports cover strategic developments in the resin market focused on inorganic and organic growth strategies. The company profile is one of the carefully crafted section in the resin market report, which extracts fundamentals such as SWOT analysis, product portfolio on each player, along with the company strategy identification and analysis. Company presence deliberately mapped and presented with a model for all prominent players operating in the resin market.

Kao Corporation, Thai Plastic, Tianjin Bohai, Solvin(BE), Nan Ya, Eastman, Toray, Kaneka(JP), CNSG Anhui, Huntsman, Exxon Mobil, Mitsui, BASF SE, Sumitomo, LyondellBasell, Hanwha(KR), DSM, Tosoh(JP), Sanmar Group(IN), Formosa, LG Chemical(KR), Mitsubishi, Momentive, and DuPont are some of the key market players operating in the global resin market.

Resin Market: Regional Outlook

The report provides a detailed overview of the resin market in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for resin market has been offered for all regional market, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout the report, Y-o-Y growth estimates are also incorporated for every country and region, to provide a detailed view of the resin market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the resin market. Some key country and region included in the resin market report as follows:

North America (U.S., Canada)

Latin America (Mexico, Argentina, Brazil, Peru, Chile)

Europe (Germany, France, Italy, U.K., BENELUX, Nordics, Spain, Poland, Russia, CIS)

Asia Pacific (China, ASEAN, India, Japan, South Korea)

Oceania (Australia, New Zealand)

Middle East and Africa (South Africa, GCC Countries, Turkey, Israel, Iran)

The Resin Market Report Covers In-depth Analysis on:

·         Resin market segments

·         Resin market dynamics

·         Resin market size

·         Recent trends, restraints, opportunities in resin market

·         Companies & competition involved resin market

·         Latest technologies in resin market

·         Supply chain and value chain resin market

Resin Market Report Highlights:

·         A comprehensive overview of parent market

·         Market dynamics and trends in the industry

·         Current, historical and anticipated market size in terms of value and volume

·         In-depth market segmentation

·         Competition landscape

·         Key Strategies of leading companies and product portfolio

·         Recent industry developments and trends

·         Potential and country, regions and segments exhibiting future growth

·         A detailed viewpoint on market performance during the forecast period

·         Essential information to enhance market position