Specialty Resins Global Market Report 2022 – By Resin Type (Epoxy, Unsaturated Polyester Resin (UPR), Vinyl, Polyamides), By Function (Protection, Insulation, Other Functions), By End-User Industry (Building and Construction, Automotive, Water Treatment, Marine, Electrical and Electronics, Aerospace, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : h734 | Delivery Time: 2-3 business days | Format :


The specialty resins market consists of sales of specialty resins by entities (organizations, sole traders, and partnerships) that manufacture specialty resins. Specialty resins also known as commodity resins and 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 resin types of specialty resins are epoxy, unsaturated polyester resin (UPR), vinyl, and polyamides. The unsaturated polyester resins are defined as the condensation products of anhydrides, or unsaturated acids, diols, and diacids. They are compounded with varied reinforcements and fillers. The various functions of specialty resins include protection, insulation, and other functions. The major end-use industries of specialty resins are building and construction, automotive, water treatment, marine, electrical and electronics, aerospace, and other end-use industries.

The global specialty resins market is expected to grow from $7.36 billion in 2021 to $7.97 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The specialty resin market is expected to grow to $9.99 billion in 2026 at a CAGR of 5.8%.

The growing 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, according to construction industry statistics, the construction sector in the USA produced $2 trillion in sales in 2019. The average spending of the USA construction industry is nearly $1,231 billion every year. Therefore, the growing 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 operating in the specialty resins field are focused on developing technologically advanced solutions for specialty resins. 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. Also, in 2019, US-based DuPont Transportation & Advanced Polymers launched its bio-based material, DuPont Zytel RS polyamide, which is made from castor oil. The company also launched a new non-halogen flame retardant PET resin, which is made from post-consumer recycled resin, helping customers to reduce their environmental footprints.

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 widens 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, and Arkema.

Asia Pacific was the largest region in the specialty resins market in 2021. Europe was the second-largest market in the specialty resin market. The regions covered in the specialty resins report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the specialty resins market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The global specialty resins market is segmented -

1) By Resin Type: Epoxy, Unsaturated Polyester Resin (UPR), Vinyl, Polyamides

2) By Function: Protection, Insulation, Others

3) By End-User Industry: Building and Construction, Automotive, Water Treatment, Marine, Electrical and Electronics, Aerospace, Others

    Table Of Contents

    1. Executive Summary

    2. Specialty Resins Market Characteristics

    3. Specialty Resins Market Trends And Strategies

    4. Impact Of COVID-19 On Specialty Resins

    5. Specialty Resins Market Size And Growth

    5.1. Global Specialty Resins Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Specialty Resins Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Specialty Resins Market Segmentation

    6.1. Global Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Epoxy

    Unsaturated Polyester Resin (UPR)

    Vinyl

    Polyamides

    6.2. Global Specialty Resins Market, Segmentation By Function, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Protection

    Insulation

    Other Functions

    6.3. Global Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Building And Construction

    Automotive

    Water Treatment

    Marine

    Electrical And Electronics

    Aerospace

    Other End-Use Industries

    7. Specialty Resins Market Regional And Country Analysis

    7.1. Global Specialty Resins Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Specialty Resins Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Specialty Resins Market

    8.1. Asia-Pacific Specialty Resins Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Specialty Resins Market

    9.1. China Specialty Resins Market Overview

    9.2. China Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Specialty Resins Market

    10.1. India Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Specialty Resins Market

    11.1. Japan Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Specialty Resins Market

    12.1. Australia Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Specialty Resins Market

    13.1. Indonesia Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Specialty Resins Market

    14.1. South Korea Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Specialty Resins Market

    15.1. Western Europe Specialty Resins Market Overview

    15.2. Western Europe Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Specialty Resins Market

    16.1. UK Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Specialty Resins Market

    17.1. Germany Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Specialty Resins Market

    18.4. France Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Specialty Resins Market

    19.1. Eastern Europe Specialty Resins Market Overview

    19.2. Eastern Europe Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Specialty Resins Market

    20.1. Russia Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Specialty Resins Market

    21.1. North America Specialty Resins Market Overview

    21.2. North America Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Specialty Resins Market

    22.1. USA Specialty Resins Market Overview

    22.2. USA Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Specialty Resins Market

    23.1. South America Specialty Resins Market Overview

    23.2. South America Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Specialty Resins Market

    24.1. Brazil Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Specialty Resins Market

    25.1. Middle East Specialty Resins Market Overview

    25.2. Middle East Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Specialty Resins Market

    26.1. Africa Specialty Resins Market Overview

    26.2. Africa Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Specialty Resins Market Competitive Landscape And Company Profiles

    27.1. Specialty Resins Market Competitive Landscape

    27.2. Specialty Resins Market Company Profiles

    27.2.1. Aldex Chemical Company Limited

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Radiant Color NV

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Huntsman International LLC

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Purolite

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Mitsubishi Chemical Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Specialty Resins Market

    29. Specialty Resins Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Specialty Resins Market, Segmentation By Function, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Specialty Resins Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Specialty Resins Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Specialty Resins Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Specialty Resins Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Aldex Chemical Company Limited Financial Performance
  • Table 47: Radiant Color NV Financial Performance
  • Table 48: Huntsman International LLC Financial Performance
  • Table 49: Purolite Financial Performance
  • Table 50: Mitsubishi Chemical Corporation Financial Performance

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