Global High-Performance Fluoropolymers Market

Specialty resins, also known as commodity resins, are a type of high-performance resins designed to offer superior thermal and chemical resistance to the materials in which they are used. It also offers high tensile strength and impact resistance and is used for applications such as noise control, vibration damping, shock isolation, and cushioning. The main types of specialty resins are epoxy, unsaturated polyester resin (UPR), vinyl, and polyamides. Epoxy resins are polymeric materials that contain more than one three-membered ring, also known as epoxides, and are thermosetting polymers. The most common form of specialty resin is epoxy resin, which is used as an adhesive, sealant, coating binder, and matrix for composite materials. Unsaturated polyester resin (UPR) is the condensation product of unsaturated acids or anhydrides and diols with/without diacids. These are used in the construction and marine sectors, as well as pipes and tanks. Vinyl specialty resins are used in new industrial applications such as coatings, printed circuit boards, metal foil laminates, building materials, automotive parts, rigid foams, and fiber-reinforced composites. Polyamides are a family of thermoplastic polymers that are opaque, high-density polymers with excellent strength and heat tolerance. The various types of functions of specialty resins include protection, insulation, and others. These are used in various sectors such as building and construction, automotive, water treatment, marine, electrical and electronics, aerospace, and others. The specialty resins market research report is one of a series of new reports from The Business Research Company that provides specialty resins market statistics, including specialty resins industry global market size, regional shares, competitors with a specialty resins market share, detailed specialty resins market segments, market trends and opportunities, and any further data you may need to thrive in the specialty resins industry. This specialty resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global specialty resins market size grew from $7.97 billion in 2022 to $8.56 billion in 2023, at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The specialty resins market size is expected to grow to $10.62 billion in 2027 at a CAGR of 5.6%. The growth in demand for the construction industry is projected to fuel the growth of the specialty resins market over the coming years. Construction is a wide industry that involves anything from mining, quarrying, and forestry to infrastructure and building construction, product manufacturing and supply, and repair, service, and disposal. Epoxy resin, a form of specialty resin, is used in the manufacturing of coatings, adhesives, flooring, plastics, primers and sealers, paints, and other building and construction products and components. For instance, in November 2022, according to the Office for National Statistics, a UK-based statistics authority, in volume terms, monthly construction output increased by 0.4% in August 2022, the second consecutive increase after July 2022's upwardly revised increase to 0.1%; in level terms, August 2022 is the second-highest monthly value (El 5,011 million), with May 2022 continuing to be at the highest level since records began in January 2010 (El 5,035 million). Therefore, the growth in demand for the construction industry drives the growth of the specialty resins market. Technological advancement has emerged as a key trend in the specialty resins market. Major players in the specialty resins industry are focused on developing technologically advanced specialty resin solutions.For instance, in September 2020, Allnex, a Germany-based producer of industrial coating resins, introduced PHENODUR PR 616/65B, a modern, environmentally friendly phenolic resin with a very low free formaldehyde value of less than 0.1%. In BPA-NI applications, PHENODUR PR 616/65B can be combined with high molecular weight polyester or high molecular weight epoxy resins for stable and versatile packaging and drum lining. In November 2020, Jacobi, a Sweden-based supplier of activated carbon, ion exchange resins, and mobile filter services, acquired Finex for an undisclosed amount. Through this acquisition, Jacobi broadens its portfolio of ion exchange resins. Finex is a Finland-based developer and manufacturer of chromatographic separation resins and specialty polymers. Major players in the specialty resins market are Aldex Chemical Company Limited, Radiant Color NV, Huntsman International LLC, Purolite, Mitsubishi Chemical Corporation, Thermax Limited, International Speciality Chemicals Ltd., BASF SE, Emerald Performance Materials, Arkema, Royal DSM, Pure Resin, Kolon Industries, Suqing, and Specialty Resin Chemical. Asia-Pacific was the largest region in the specialty resins market in 2022. Europe was the second-largest market in the specialty resin market. The regions covered in the specialty resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the specialty resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The specialty resins market consists of sales of specialty resins by type, including specialty thermoplastic composites, specialty thermoplastics, and specialty thermosets. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global specialty resins market is segmented - 1) By Resin Type: Epoxy, Unsaturated Polyester Resin (UPR), Vinyl, Polyamides 2) By Function: Protection, Insulation, and Other Functions 3) By End Use Industry: Building and Construction, Automotive, Water Treatment, Marine, Electrical and Electronics, Aerospace, and Other End Use Industries

Barrier resins refer to plastics that are used in packaging to prevent the penetration of gases, vapors (water or solvent), or liquids. Barrier resins are plastics used in packaging to prevent the passage of gases (oxygen, carbon dioxide, and nitrogen), vapor (water or solvent), or liquid. The main barrier resin packaging types include flexible packaging and rigid packaging. Flexible packaging is mostly made from plastic, film, foil, and paper and is hence light, compact, and flexible. The different resin types include polyvinylidene chloride, ethylene vinyl alcohol, polyethylene naphthalate, polyamide, polyethylene terephthalate, polyethylene, polypropylene, polyvinyl alcohol, and other resin types used in applications such as food and beverage, pharmaceutical and medical, cosmetics, agriculture, industrial, and other applications. The barrier resins market research report is one of a series of new reports from The Business Research Company that provides barrier resin market statistics, including barrier resins industry global market size, regional shares, competitors with a barrier resin market share, detailed barrier resin market segments, market trends and opportunities, and any further data you may need to thrive in the barrier resin industry. This barrier resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global barrier resins market size grew from $3.41 billion in 2022 to $3.61 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The barrier resins market size is expected to grow to $4.56 billion in 2027 at a CAGR of 6.0%. An increase in demand for the longer shelf life of food products is contributing to the growth of the barrier resin market. There has been an increasing demand for food products with a longer shelf life. Barrier resins are used in the food and beverage packaging industry to protect packed goods from moisture and to prevent gas penetration. They provide enhanced shelf life and consistency and prevent odours and UV rays from entering the container, thus protecting the vitamin content of the food. In 2020, UAE-based FMCG company Truebell saw a threefold increase in demand for long-shelf-life products. The company saw an increase in the popularity of long-shelf-life food products and baking ingredients, along with an increase in the consumption of home-cooked meals. Thus, the growth in demand for a longer shelf life of food products will drive the growth of the barrier resin market. The development of organic resins is a key trend gaining popularity in the barrier resin market. Major companies operating in the barrier resin market are focused on developing new organic resins that are environmentally friendly and sustainable. For instance, in December 2020, Netherlands-based Royal DSM, a key science-based company involved in health, nutrition, and materials, launched Discovery resins for the packaging industry that are sustainable and plant-based. The SP-6400XP is a part of DSM's Discovery range of resins and emits fewer VOCs and carbon emissions for the printing and packaging industries. In November 2021, IPACKCHEM Group, a France-based manufacturer and distributor of plastic packaging products, signed an agreement to acquire Mullackal Polymers. The acquisition is expected to enable IPACKCHEM to build a solid presence in the huge and rapidly expanding Indian market and position it for future growth in the country. Mullackal Polymers is an India-based producer of high-quality HDPE and barrier plastic bottles, lids, and measuring cups. Major players in the barrier resin market are Kuraray Co., Ltd., The Dow Chemical Company, Tenjin Limited, Asahi Kasei Corporation, Solvay International, El du Pont de Nemours and Company, Ineos, Lyondellbasell Industries, Honeywell International Inc., Mitsui Chemicals, Inc., LG Chem, INVISTA, Chang Chun Petrochemical Co., Ltd., Mitsubishi Chemical Corporation, Valspar Corporation, Sabic, Borealis Ag, Sinopec, Braskem S.A., Hanwha Total Petroleum, NOVA Chemicals Corporation, EVAL Europe N.V, Zheijang Juhua Co., Ltd., Toray Industries and Mitsubishi Gas Chemical Company Inc. Asia-Pacific was the largest region in the barrier resin market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the barrier resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the barrier resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The barrier resin market consists of sales of nitrile resins and vinylidene chloride copolymers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global barrier resins market is segmented - 1) By Packaging Type: Flexible Packaging, Rigid Packaging 2) By Resin Type: Polyvinylidene Chloride, Ethylene Vinyl Alcohol, Polyethylene Naphthalate, Polyamide, Polyethylene Terephthalate, Polyethylene, Polypropylene, Polyvinyl Alcohol, and Other Resin Types 3) By Application: Food and Beverage, Pharmaceutical and Medical, Cosmetics, Agriculture, Industrial, and Other Applications

The unsaturated polyester resins are mainly used in the production of fiber-reinforced plastics and filled plastic products and are obtained from the reaction of polyalcohol and polyacids. Unsaturated polyester resins are also used in tanks, sanitary ware, pipes, gratings, and high-performance components for the marine and transportation industry such as closure and body panels. They are cost-efficient, have good temperature tolerance capacity, and have resistance to water and chemicals. The main types of unsaturated polyester resins are orthophthalic resins, isophthalic resins, dicyclopentadiene, and others. Orthophthalic resin is a type of low-styrene emission orthophalic that is a thixotropic polyester resin and improves the working environment during and after application. The various forms available are liquid form and powder form and are used by various end-users such as building and construction, automotive, marine, pipes, ducts and tanks, wind energy, electrical and electronics, and others. The unsaturated polyester resins market research report is one of a series of new reports from The Business Research Company that provides unsaturated polyester resins market statistics, including unsaturated polyester resins industry global market size, regional shares, competitors with a unsaturated polyester resins market share, detailed unsaturated polyester resins market segments, market trends and opportunities, and any further data you may need to thrive in the unsaturated polyester resins industry. This unsaturated polyester resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global unsaturated polyester resins  market size grew from $9.67 billion in 2022 to $10.31 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The unsaturated polyester resins  market size is expected to grow to $13.28 billion in 2027 at a CAGR of 6.5%. Growth in the construction industry is significantly contributing to the growth of the unsaturated polyester resins market. The construction industry is involved in maintaining, repairing structures and buildings, and making new construction buildings. The growth in the building and construction industry drives the unsaturated polyester resins industry as they have the properties such as rapid strength gain, chemical resistance, corrosion resistance, high impact strength, and excellent compressive strength properties that are helpful in building and construction activities. There is a growth in the construction industry. For instance, according to the Ministry of Statistics and Programme Implementation (MoSPI), a ministry of the Government of India concerned with coverage and quality aspects of statistics released, in April-June 2021, the construction sector grew at 68.3% in India from April-June 2020. Therefore, growth in the construction industry is driving the unsaturated polyester resins market. Product innovations are the key trends gaining popularity in the unsaturated polyester resins market. Unsaturated polyester resins-based technologies are being used for repairing activities. The end-users are adopting innovations to use better products in their operations. For instance, according to data by the defense research and development organization updated in 2021, a fast setting and high strength polymer concrete composite (PolyCC) technology was developed as the binder resin based on an unsaturated polyester resin system to repair runways. It offers compressive strength by providing three-dimensional cross-linking within two hours. This is an innovative technology that does not require water and is workable in hot as well as sub-zero temperature conditions. In December 2020, AOC AG, a Switzerland-based company operating in resins and specialty materials acquired unsaturated polyester resin (UPR) manufacturing operations in Usti nad Labem in the Czech Republic for an undisclosed amount. With this acquisition, AOC will improve its services and will make new products in central and Eastern Europe for its customers. The UPR plant operates in the manufacturing of resins. Major players in the unsaturated polyester resins market are INEOS Group, UPC Technology Corporation, Ashland, BASF SE, Eternal Materials Co. Ltd., Interplastic Corporation, LERG SA, Qualipoly Chemical Corporation, Scott Bader Company Ltd., SHOWA DENKO K.K, Sino Polymer Co. Ltd., and Lanxess AG. Asia-Pacific was the largest region in the unsaturated polyester resins market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unsaturated polyester resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the unsaturated polyester resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The unsaturated polyester resins market consists of sales of vinyl polyester resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global unsaturated polyester resins  market is segmented - 1) By Type: Orthophthalic Resins, Isophthalic Resins, Dicyclopentadiene, Other Types 2) By Form: Liquid Form, Powder Form 3) By End User: Building And Construction, Automotive, Marine, Pipes, Ducts And Tanks, Wind Energy, Electrical And Electronics, Other End-Users

The chromatography resins market are used to capture and polish monoclonal antibodies (mAbs), antibody fragments, vaccines, and other biomolecules using a stationary phase. The mobile phase drives the sample and the chromatography resins in the stationary phase allowing its purification. The main chromatography resins product types include native and synthetic. Native chromatography resins refer to chromatography resins made from natural polymers such as agarose, cellulose, and dextran. The different technology Types include affinity chromatography, anion exchange chromatography, cation exchange chromatography, size exclusion, and hydrophobic interaction, which are used in applications such as pharmaceutical and biotechnology, food and beverage, water and environmental analysis, and others. The chromatography resins market research report is one of a series of new reports from The Business Research Company that provides chromatography resins market statistics, including chromatography resins industry global market size, regional shares, competitors with a chromatography resins market share, detailed chromatography resins market segments, market trends and opportunities, and any further data you may need to thrive in the chromatography resins industry. This chromatography resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chromatography resins market size grew from $2.49 billion in 2022 to $2.69 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The chromatography resins market size is expected to grow to $3.73 billion in 2027 at a CAGR of 8.5%. The rising prevalence of cancer cases across the globe is likely to contribute to the growth of the chromatography resins market. Monoclonal antibodies are targeted cancer therapies used to treat cancer and chromatography resins are media used to capture and polish monoclonal antibodies (mAbs), and other biomolecules. The increasing prevalence of cancer is thus expected to increase the demand for chromatography resins. According to the GLOBOCAN 2020, an online database providing global cancer statistics estimates, the global cancer burden is expected to be 28.4 million cases in 2040, a 47% rise from 2020. Hence, the rising prevalence of cancer is expected to generate more demand for cancer therapies, increasing the monoclonal antibodies demand and thus driving the market for chromatography resins. Technological advancements are shaping the chromatography resins market. For instance, in 2021, Purolite, a UK manufacturer of resin-based chromatography separation, purification, and extraction technologies launched the first protein A alkaline stable resin, designed to address the purification of pH-sensitive antibodies or other Fc-containing proteins. The company has deployed jetting technology that produces uniform size agarose beads with a very narrow particle size distribution. Results have indicated a 70% increase in yield when compared to conventional protein A resins along with an improved host cell protein clearance, which reduces the burden on future downstream steps. In December 2021, a US-based water, hygiene, and infection prevention solutions company, Ecolab acquired Purolite for $3.7 billion. Through this acquisition, Ecolab aims at major global growth by further improving end-product safety and quality to critical key customers in the life sciences and industrial markets. Purolite is a UK-based manufacturer of resin-based chromatography separation, purification, and extraction technologies company. Major players in the chromatography resins market are Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Lifesciences, Thermo Fisher Scientific Inc., Purolite, W. R. Grace and Co, Mitsubishi Chemical Corporation, Tosoh Corporation, Danaher, Life Technologies Corporation, Repligen Corporation, Pall Corporation, Cytiva, Bio-Works Technologies AB, and DuPont. North America was the largest region in the chromatography resins market in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the chromatography resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the chromatography resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The chromatography resins market consists of sales of affinity resins and ion exchange resin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global chromatography resins market is segmented - 1) By Product Type: Native, Synthetic 2) By Technology Type: Affinity Chromatography, Anion Exchange Chromatography, Cation Exchange Chromatography, Size Exclusion, Hydrophobic Interaction 3) By Application: Pharmaceutical And Biotechnology, Food And Beverage, Water And Environmental Analysis, Other Applications

The plastic resins market consists of sales of plastic resins by entities (organizations, sole traders, and partnerships) that are used for making different varieties of plastic products. Plastic resins are the base for all kinds of plastics, they are made to go through different processes, be transformed, and make fit for specific needs. They are mostly utilized by the electrical, and automotive industries for packaging and manufacturing of various parts. The main products of plastic resin are crystalline, non-crystalline, engineering plastic, and super engineering plastic. The engineering plastics constitute a group of plastics that distinguish themselves from the so-called commodity plastics by primarily demonstrating a greatly improved mechanical behavior over a wide range of temperatures, loads, and time. The various resin types include polyethylene, polyvinyl chloride, acrylonitrile butadiene styrene, polycarbonate, polystyrene, polymethyl methacrylate, and polybutylene terephthalate that are used in applications such as packaging, automotive, construction, electrical and electronics, logistics, textiles and clothing, furniture and bedding and medical device. The plastic resins market research report is one of a series of new reports from The Business Research Company that provides plastic resins market statistics, including plastic resins industry global market size, regional shares, competitors with a plastic resins market share, detailed plastic resins market segments, market trends and opportunities, and any further data you may need to thrive in the plastic resins industry. This plastic resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global plastic resins market size grew from $672.79 billion in 2022 to $707.76 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The plastic resins market size is expected to grow to $840.22 billion in 2027 at a CAGR of 4.4%. The rise in the demand for lightweight materials in the automotive and aviation industries is driving the plastic resins market. The lightweight materials have a track record of high performance, achieving the same desired effect as aluminum and steel in terms of safety and durability, while also reducing weight and carbon dioxide emissions in automobiles and airplanes. Plastic resins are a composite blend that is rotationally molded into robust and malleable items that may approximate the appearance of stone and metal materials for a fraction of the cost and weight and are used to manufacture different automotive and aviation parts such as door panels, flooring, and engine components. For instance, the lightweight materials market has its highest share in the aviation industry with 80% in 2020 and in the automotive industry, the lightweight materials share is expected to increase from 30% in 2020 to 70% by 2030. Thus, the increasing demand for lightweight materials in the automotive and aviation industries is driving the growth of the plastic resins market. Recycled plastic resin are shaping the plastic resins market. Companies in the plastic resins market are focusing on developing recycled plastic resins to help their customers in manufacturing sustainable products and hence, expand their market share. For instance, in October 2020, Dow Inc., a US-based commodity chemical company, introduced its first post-consumer recycled (PCR)-rich resin for collation shrink film in North America, enabling companies to use additional post-consumer materials while still preserving application performance. This recycled plastic resin is designed specifically for retail and logistic shrink film applications, it contains shrink film with up to 40% PCR content. In April 2021, Covestro AG, a Germany-based producer of advanced polymers and high-performance plastics has acquired the resins and functional materials business (RFM) from Royal DSM for an undisclosed amount. With the acquisition, Covestro's range of sustainable coating resins has been significantly expanded making the company one of the world's top providers in this fast-growing industry. Royal DSM is a Netherland-based company that manufactures products for the health, nutrition, and materials market. Major players in the plastic resins market are BASF SE, Saudi Basic Industries Corporation, Dow Inc., Evonik Industries AG, Sumitomo Chemical Co. Ltd., Arkema S.A., Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co. LLC, Lotte Chemical Corporation, Covestro AG, Toray Industries Inc., Teijin Ltd., Exxon Mobil Corporation, and Mitsui and Co. Plastics Ltd. Asia-Pacific was the largest region in the plastic resins market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plastic resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the plastic resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The plastic resins market consists of sales of xxx. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global plastic resins market is segmented - 1) By Product: Crystalline, Non-Crystalline, Engineering Plastic, Super Engineering Plastic 2) By Resin Type: Polyethylene, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polycarbonate, Polystyrene, Polymethyl Methacrylate, Polybutylene Terephthalate 3) By Application: Packaging, Automotive, Construction, Electrical And Electronics, Logistics, Textiles And Clothing, Furniture And Bedding, Medical Device

Epoxy resin refers to a kind of polymer and prepolymer that is reactive and contains epoxide groups. In the presence of catalysts, these resins either react with one another or with several co-reactants such amines, phenols, thiols, etc. These are used to increase strength, durability, chemical resistance, and adhesion. The main types of applications are paints and coatings, composites, adhesives and sealants, and other applications. Paints and coatings are used in commercial and industrial buildings such as electrical, automotive, and marine applications owing to their mechanical and protective properties, enhance concrete floor, resistance to stains, cracks, and high temperature. Paints and coatings refer to the use of suspension of polymers mixed with colour pigments to provide an aesthetic appearance and safety to the surface. The various physical forms are liquid, solid, and solution. The various types are DGBEA (bisphenol A and ECH), DGBEF (bisphenol F andECH), Novolac (formaldehyde and phenols), and Aliphatic (aliphatic alcohols), Glycidylamine (aromatic amines and ECH), other types. The various end-users are building and construction, automotive, large and heavy vehicles and railroads, general industrial, consumer goods (including sporting equipment), wind power, aerospace, marine, and other end uses. The epoxy resin market research report is one of a series of new reports from The Business Research Company that provides epoxy resin market statistics, including epoxy resin industry global market size, regional shares, competitors with an epoxy resin market share, detailed epoxy resin market segments, market trends and opportunities, and any further data you may need to thrive in the epoxy resin industry. This epoxy resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global epoxy resin market size grew from $10.64 billion in 2022 to $11.55 billion in 2023, at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The epoxy resin market size is expected to grow to $15.77 billion in 2027 at a CAGR of 8.1%. The rising demand for epoxy resin from the automotive industry is expected to propel the growth of the epoxy resin market. The automotive industry refers to the design, manufacturing, and selling of motor vehicles that uses epoxy resin to paint the body of automobiles. The use of epoxy resin as a protective coating extends the life of automobiles. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international trade organization, in 2021, automobile production increased globally by 3%, from 77.8 million produced in 2020 to 80.14 million in 2021. An increase in the production of automobiles increases the need for epoxy resins. Therefore, the rising demand for the automotive industry drives the epoxy resin market. Product innovation is a key trend gaining popularity in the epoxy resin market going forward. Major companies operating in the epoxy resin market are focused on product innovations to strengthen their position in the market. For instance, in April 2022, Hexion Inc., a USA-based chemical manufacturer that develops chemical materials and performance resins, launched the products EPON LY Resin 1810 and EPIKURE LY Curing Agent 3801. These chemicals are used to minimize the yellowing of epoxy coating on household and commercial surfaces to improve performance, cure, lessen air emissions, and increase surface strength. In January 2021, Huntsman Corporation, a USA-based chemical manufacturing company that develops, and markets speciality chemicals, acquired Gabriel Performance Products LLC for a $250 million deal. The acquisition helps Huntsman Corporation to expand its speciality chemical product portfolio and improve its customer base and product reach in North America. Gabriel Performance Products LLC is a USA-based chemical company that manufactures resin coating and composites. Major players in the epoxy resin market are Sika AG, Olin Corporation, Huntsman International LLC, Kukdo Chemical, Aditya Birla Chemicals, 3M, Sinopec Corporation, Nan Ya Plastics Corporation, Chang Chun Group, BASF SE, Atul Ltd., Solvay SA, Covestro AG, Jiangsu Sanmu Group Co., Ltd., Jubail Chemical Industries LLC, Kolon Industries Inc., NAGASE & CO LTD., and Techstorm. Asia-Pacific was the largest region in the epoxy resin market in 2022. The regions covered in the epoxy resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the epoxy resin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The epoxy resin market consists of sales of glycidyl or non-glycidyl epoxy resin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global epoxy resin market is segmented - 1) By Type: DGBEA (Bisphenol A And ECH), DGBEF (Bisphenol F And ECH), Novolac (Formaldehyde And Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines And ECH), Other Types 2) By Physical Form: Liquid, Solid, Solution 3) By Application: Paints And Coatings, Composites, Adhesives And Sealants, Other Applications 4) By End-User: Building And Construction, Automotive, Large And Heavy Vehicles And Railroads, General Industrial, Consumer Goods, Wind Power, Aerospace, Marine, Other End-Users

Ink resins refer to a type of material, either solid or semi-solid, that is used to make inks by mixing them with additives, solvents, and pigments. Ink resins are used in printing inks to control viscosity, improve pigment wetting, and boost pigment adhesion properties. Ink resins are used as a printing ink binder in ink vehicles that help to assist the ink pigment in adhering to the substrate. The major types of ink resins are modified rosin, hydrocarbon, modified cellulose, acrylic, polyamide, polyurethane and other resin types. Modified rosin refer to a resin that has undergone a modification other than esterification, hydrogenation, or dimerization is referred to as modified rosin. Major technologies involved are oil-based, solvent-based, water-based, UV-curable-based. It has several printing processes are lithography, gravure, flexography, and other printing processes. It is used in various applications such as printing and publication, flexible packaging, corrugated cardboard and cartons, and other applications. The ink resin market research report is one of a series of new reports from The Business Research Company that provides Ink resin market statistics, including Ink resin industry global market size, regional shares, competitors with a Ink resin market share, detailed Ink resin market segments, market trends and opportunities, and any further data you may need to thrive in the Ink resin industry. This Ink resin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ink resin market size grew from $3.66 billion in 2022 to $3.96 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ink resin market size is expected to grow to $5.57 billion in 2027 at a CAGR of 8.9%. An increase in consumer spending and online shopping is expected to propel the growth of the ink resin market going forward. Online shopping is a type of electronic commerce that enables customers to place direct orders for goods or services from sellers using a computer browser. High-quality packaging is seen as an additional expenditure by the majority of e-commerce enterprises since it protects the item from damage during shipping, lowering the likelihood that buyers will return it. Flexible packaging inks improve the graphic appearance and help the package work better by maintaining the quality of the pictures during the product’s production, packaging, transportation, and use. For instance, in June 2021, according to an article published by Oberlo, a Germany-based online store where business owners can look for and purchase products to sell, the number of digital purchasers accounted for 2.14 billion in 2021. That amounts to 27.6% of the 7.74 billion people in the world. Digital consumers increased by 900 million more people in 2021 compared to 2020, or 4.4%, year over year. Furthermore, in 2022, the number of digital buyers is expected to be 266.7 million in the United States. Therefore, the increase in consumer spending and online shopping is driving the growth of the ink resins market. Product innovations are the key trend gaining popularity in the ink resins market. Major companies operating in the market are developing innovative products such as improvements in 3D printing, and the introduction of new technologies such as inkjet, offset, and others to sustain their position in the market. For instance, in March 2022, ALTANA, a Germany-based developer and manufacturer of high-quality, innovative specialty chemical products, is adding new high-performance resins to its already released Cubic Ink® 3D printing material families. In this material category, the two new resin-based Cubic Ink® 3D printing material series “”””High Performance”””” and “”””Prototyping”””” provide high levels of flexibility, toughness, and heat resistance. The Cubic Ink® printing materials combine properties that allow them to be used as final components with properties that are process-friendly, like low viscosity and resin stability. In May 2020, DIC Corporation, a Japan-based chemical company that specializes in the development, manufacture, and sale of inks and pigments, acquired liquid inks for packaging business from Liaoning Tianqi Technology Co., for an undisclosed amount. This acquisition is expected to boost DIC Corporation’s production capacity for liquid inks in the PRC by around 20%. Liaoning Tianqi Technology Co. is a China-based developer and manufacturer of inks, coatings, adhesives, solvents, and packaging products. Major players in the ink resin market are Lawter, a Harima Chemicals Inc., Evonik Industries AG, Kraton Corporation, Arakawa Chemical Industries Ltd., Arizona Chemical, Covestro AG, The Lubrizol Corporation, Eastman Chemical Company, Arkema S.A., Ingevity, Resinall Corp, VIL RESINS, United Ink, Neville Chemical Company, and Cytech Coatings Pvt. Ltd. Asia-Pacific was the largest region in the ink resins market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in ink resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ink resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ink resins market consists of sales of ink resins used in ink vehicles as a printing ink binder to aid ink pigment adhesion to the substrate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ink resin market is segmented - 1) By Resin Type: Modified Rosin, Hydrocarbon, Modified Cellulose, Acrylic, Polyamide, Polyurethane, Other Resin Types, 2) By Technology: Oil-Based, Solvent-Based, Water-Based, UV-curable-Based, 3) By Printing Process: Lithography, Gravure, Flexography, Other Printing Processes, 4) By Application: Printing And Publication, Flexible Packaging, Corrugated Cardboard And Cartons, Other Applications,

Polyethylene terephthalate is a strong, rigid synthetic fiber and resin belonging to the polyester family of polymers and formed by the polymerization of ethylene glycol with terephthalic acid. Polybutylene terephthalate (PBT) resin is a crystalline synthetic resin formed by the polymerization of butanediol and terephthalic acid. Polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resins are used in the manufacture of lightweight plastic for packaging foods and beverages, and soft drinks. The main types of polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market are transparent & non-transparent PET and recycled PET. Transparent PET is non-crystalline PET that is highly transparent. Non-transparent PET is crystalline PET that is opaque in nature. The different PET applications include bottles, films, food packaging, and others. The various PBT applications include electrical & electronics, automotive, consumer appliances, and others. The polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market research report is one of a series of new reports from The Business Research Company that provides polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market statistics, including polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market share, detailed polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market segments, market trends and opportunities, and any further data you may need to thrive in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins industry. This polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size grew from $39.98 billion in 2022 to $44.26 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The polyethylene terephthalate (pet) and polybutylene terephthalate (pbt) resins market size is expected to grow to $63.76 billion in 2027 at a CAGR of 9.6%. An increase in demand for polyethylene terephthalate (PET) in the packaging sector is expected to propel the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market going forward. The packaging industry is a business that designs and manufactures packaging products. Polyethylene terephthalate (PET) contains characteristics such as clear, long-lasting, chemically inert, and lightweight, which are suitable for making polyethylene packaging products. For instance, according to the National Renewable Energy Laboratory, a US-based national laboratory, in 2021, over 82 million metric tons of polyethylene terephthalate (PET) were manufactured globally each year to make single-use beverage bottles, packaging, garments, and carpets. Therefore, the increase in demand for PET in the packaging sector drives the growth of the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market. Product innovations are the key trend gaining popularity in the polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market. Major companies operating in the market are focused on introducing new innovative products with reduced carbon footprints to gain a competitive advantage. For instance, in May 2022, SABIC, a Saudi Arabia-based chemical manufacturing company, launched LNP ELCRIN WF0061BiQ PBT resin, produced from chemically upcycled ocean-bound PET bottles. This compound has the potential to reduce CO2 emissions by up to 14% and cumulative energy demand by up to 25% when compared to glass fiber. It is a potential material for consumer electronics applications such as computer fan housings, vehicle seats, electrical connectors, and enclosures. In June 2022, Alpek, a Mexico-based producer of PET resin and PET sheet, acquired OCTAL Holding SAOC (OCTAL) for a deal amount of $ 620 million. The acquisition strengthens Alpek's global presence and improves its value-added manufacturing offers in PET sheets by adding about one million tons of PET product capacity. OCTAL Holding SAOC is a US-based producer of PET resin for the packaging industry. Major players in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market are Saudi Basic Industries Corporation, BASF SE, Indorama Ventures Limited, Mitsubishi Chemical Corporation, Toray Industries Inc., Koninklijke DSM N.V., Jiangsu Sanfangxiang Group Co.Ltd., M&G Chemicals SA, DowDuPont Inc., Nan Ya Plastics Corporation, Reliance Industries Limited, Far Eastern New Century Corporation, RTP Company Inc., Kolon Plastics Inc., Celanese Corporation, and Distrupol Ltd. Asia-Pacific was the largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market in 2022. North America was the second-largest region in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market. The regions covered in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the polyethylene terephthalate (PET) & polybutylene terephthalate (PBT) resins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The polyethylene terephthalate (PET) and polybutylene terephthalate (PBT) resin market consists of sales of thermoforming and glass fiber. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global polyethylene terephthalate pet and polybutylene terephthalate pbt resins market is segmented - 1) By Type: Transparent And Non-Transparent Pet, Recycled Pet 2) By PET Application: Bottles, Films, Food Packaging, Other PET Applications 3) By PBT Application: Electrical And Electronics, Automotive, Consumer Appliances, Other PBT Applications