Global Phenolic Panel Market

The plastic materials are synthetically made final products from polymers and resin is an unprocessed plastic derived from plant oozes. These include nonvulcanizable thermoplastic elastomers, and customized as well as non-customized synthetic resins. The main types of plastic materials and resins are polypropylene-plastic material and resins, high-density polyethylene, polyvinyl chloride, polyethylene terephthalate, polyurethane, low-density polyethylene, polystyrene-plastic material and resins, and other types of plastic material and resins. Polyvinyl chloride is a thermoplastic made of 57% chlorine derived from common salt and 43% carbon derived from ethylene from hydrocarbon feedstocks, sugar crops, crude oil, and natural gas. The applications involved are packaging, housewares, bags, sheets, bottles, fibers, tapes, films, medical materials, and other applications. The end-user industries include the chemical industry, the coating and printing industry, the electronics industry, the food and pharmaceutical industry, and other end-user industries. The plastic materials and resins market research report is one of a series of new reports from The Business Research Company that provides plastic materials and resins market statistics, including plastic materials and resins industry global market size, regional shares, competitors with a plastic materials and resins market share, detailed plastic materials and resins market segments, market trends and opportunities, and any further data you may need to thrive in the plastic materials and resins industry. This plastic materials and 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 material and resins market grew from $800.9 billion in 2022 to $885.95 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. 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 plastic material and resins market is expected to grow to $1301.4 billion in 2027 at a CAGR of 10.1%. New developments in the packaging industry, such as CO2RE foaming technology, big data, and IoT integration, are expected to drive the market going forward. Convenience features, such as resealable packs, easy-opening, stand-up pouches, and smaller pack sizes for single-servings, are being introduced, and more promotional packs and brand extensions are being developed to ensure customer loyalty. Similarly, the recent development of biodegradable plastics, which degrade naturally from the actions of microorganisms such as bacteria, algae, and fungi, is gaining traction. These developments in packaging will increase the consumption of plastics, which will drive the market's growth. Oil price volatility is likely to have a negative impact on the plastic material and resin market as a significant decline and increase in oil prices negatively impact government and consumer spending. The decline in oil prices is having a negative impact on government spending in countries such as Saudi Arabia, Nigeria, and the UAE (United Arab Emirates), which are largely dependent on revenues generated through crude oil exports, whereas a significant increase in oil prices has resulted in a spurt in inflation, current account deficit, and fiscal deficit in countries such as India and China, which predominantly import oil. For instance, the Saudi government is expected to cut down its spending from 1.05 trillion riyals ($280 billion) in 2019 to 1.02 trillion riyals ($270 billion) in 2020 and to 955 billion riyals ($255 billion) by 2022 due to a significant decline in revenues generated from oil exports, thereby affecting the market. This high volatility in the oil process is further expected to negatively impact the market going forward. The search for new characteristics for plastic materials and innovations in the manufacturing process have led to the development of various high-performance plastics. For example, smart polymers are materials that can change based on external environmental stimuli. A product that is a result of a combination of nanotechnology and plastic engineering. These products have high electrical conductivity, dimensional stability, and are also flame retardant, along with resistance to scratches, dents, and heat. These new high-performance plastics have gained rapid acceptance and find their applications in the medical, electronics, food packaging, automotive, and aerospace sectors. For instance, some of the major developments in plastic materials include plastics from potatoes and virgin PET from discarded textile fabric and waste bottles. Major companies in the plastic materials and resins market include Dow Inc., Sinopec Limited, LyondellBasell Industries Holdings BV, Whitehead Institute for Biomedical Research, BASF SE, INEOS AG, DuPont Inc., Alpek SA.B. de C.V, Alfa SA.B. de C.V, and Exxon Mobil. Asia-Pacific was the largest region in the plastic material and resins market in 2022. North America was the second-largest region in the plastic material and resins market. The regions covered in the plastic materials and resins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the plastic materials and resins market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The plastic materials and resins market consists of the sales of ryton & kynar, acrylic or polymethyl methacrylate, polycarbonate, and acrylonitrile-butadiene-styrene plastic materials and 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 plastic material and resins market is segmented - 1) By Type: Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins 2) By Application: Packaging, Housewares, Bags, sheets, Bottles, Fibers, Tapes, Films, Medical Materials, Other Applications 3) By End Userr Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries

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

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

Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials. Polystyrene can be melted at higher temperature for molding or extrusion, and then be re-solidified, in addition to being generally a solid thermoplastic. The main product types of polystyrene are expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), and extruded polystyrene (XPS). Extruded polystyrene is manufactured through an extrusion process. This manufacturing process will involve melting together the plastic resin and other ingredients. The applications are HVAC insulation, rigid packaging, seating, and flexible packaging. The end-use industries are the automotive industry; electronics; thermal insulation; pharmaceuticals; consumer industry; packaging industry; construction industry. The polystyrene market research report is one of a series of new reports from The Business Research Company that provides polystyrene market statistics, including polystyrene industry global market size, regional shares, competitors with a polystyrene market share, detailed polystyrene market segments, market trends and opportunities, and any further data you may need to thrive in the polystyrene industry. This polystyrene 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 polystyrene-plastic material and resins market size will grow from $39.67 billion in 2022 to $44.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. 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 global polystyrene-plastic material and resins market size is expected to grow from $71.91 billion in 2027 at a CAGR of 12.5%. The demand for packaged products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased. According to the trade economy, the Gross Domestic Product per capita in China was $10430.73 US dollars in 2020. India's Gross Domestic Product (GDP) per Capita reached 1,947.417 USD in March 2021, compared with 2,140.396 USD in March 2020. The increase in per-capita income in these economies resulted in the emerging middle-class purchasing more packaged goods. The demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market. Stringent regulations on plastic materials were a major restraint on the expansion of the polystyrene market. Many of the products in the polystyrene market are potentially hazardous during the manufacturing stages because the manufacturing processes involve reactions that can be dangerous unless controlled carefully. Government agencies and regulators are strictly assessing and managing the risks involved in the production and use of polystyrene. Many cities in the USA have decided to ban polystyrene products from schools and other civic buildings. For instance, in June 2022, the US Interior Department, the executive department of the US federal government announced that it will ban the sale of single-use plastic on public lands, national parks by 2032. In addition, the Integrated Waste Management Authority passed an ordinance to ban polystyrene in the entire San Luis Obispo County. Polystyrene manufacturers are instructed to be compliant with complex regulations that govern labeling, handling, manufacturing, shipping, and storage of the product, leading to an increase in compliance costs for the manufacturers. The construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses the physical and mechanical properties required for insulation. It is mostly used in the construction sector due to its properties of closed air, low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. EPS offers sound weight and volume performances compared to other building materials, making construction simple. In October 2021, Epsilyte Holdings LLC., a US-based chemicals company acquired StyroChem Canada Ltd for an undisclosed sum. The acquisition makes Epsilyte as one of the leading producers of expandable polystyrene (EPS) in North America. StyroChem Canada Ltd is a Canadian manufacturer of expandable polystyrene (EPS). Major players in the polystyrene market are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brødr. Sunde as, and Chi Mei Corporation. Asia-Pacific was the largest region in the polystyrene market in 2022. North America was the second-largest region in the global polystyrene market. The regions covered in the global polystyrene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the polystyrene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The polystyrene market consists of the sales of regular polystyrene plastic, polystyrene foam, and polystyrene film. 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 polystyrene-plastic material and resins market is segmented - 1) By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS) 2) By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging 3) By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry