Press release
Resin Market Size, Growth, Industry Share, Global Demand and Forecast to 2026
Resin Market
List of Best companies that are operating in the Global Resin Market are:
• Iinvista
• Dupont
• Tosoh Corporation
• Arkema
• Quenos
• BASF
• Repsol
• Ineos Holdings Limited
• Toray Group
• Hexion
• Mitsui Chemicals
• Lyondellbasell
• Teijin Limited
• Mitsubishi Engineering-Plastics Corporation
• Sumitomo Chemical Co. Ltd.
• Nova chemicals
• SABIC
• Radici Group
• Other key market players
What Does this Report Contain?
In-depth study of the contracts and developments by prominent companies.
Assessment of resin market growth drivers, obstacles, opportunities, and challenges.
Current, historical, and forecasted size of the market.
Detailed analysis about all the niche segments present in the market.
Major changes in the market dynamics.
Request a Sample Copy of the Global Resin Market Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/resin-market-101746
Technological Advancements and Rising Population to Favor Growth in Asia Pacific
The market is geographically segregated into Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. Amongst them, Asia Pacific is in the dominant position by gaining the largest resin market share at present. This growth is attributable to the rising demand from the emerging economies, such as Japan, China, and India. China is considered to be one of the biggest consumers of resin on account of high demand from automotive and packaging end use industries. Apart from that, technological advancement and ever-increasing population are set to aid in boosting the resin market size in this region.
Europe and North America, on the other hand, are anticipated to showcase slow growth owing to the rising demand from electronics, electrical, and automotive industries. In the Middle East and Africa and Latin America, there is an increasing demand for resins from building and construction as well as consumer goods industries. Besides, rising trend of sustainable developments and technological advancements will support the resins market growth.
Key Players Focus on Acquiring Other Prominent Companies to Gain Robust Position
The market includes several big, small, and medium organizations. They are striving persistently to gain maximum resin market share through mergers and acquisitions and product launches. Below are a couple of the latest industry developments:
June 2019: Dow Chemical Company, a company formed by the merger of Dow Chemical and DuPont, headquartered in the U.S., organized a ceremony for its latest high-value silicone resin plant to be situated at the company’s manufacturing site in Jiangsu, China. The new facility will expand the company’s high-value silicone resin capacity to meet the urgent demand for the creation of silicone products in the emerging markets and significant industries.
March 2019: Dow and BioLogiQ declared that they are partnering up to examine potential synergies between Dow’s industry-leading polyethylene resin portfolio and BioLogiQ’s novel NuPlastiQ® BioPolymer. It will help in producing more plant-based plastic products. BioLogiQ is committed to developing plastics from renewable energy sources and it will also use Dow’s research and developments. Moreover, Dow’s increasing plastic resin sales and distribution networks will be used by BioLogiQ to check whether they can leverage plant-based plastics.
March 2019: Arkema S.A., a specialty chemicals and advanced materials company headquartered in France, declared that it has started a Kepstan PEKK (poly-ether ketone-ketone) plant at its site near Ala. The facility manufactures plastic additives. It has helped in creating around 23 new job opportunities. This investment will strengthen the company’s offerings of innovative materials in the automotive, electronics, oil & gas, and aeronautics market. It will also produce lightweight materials, which is one of its innovative platforms for sustainable development.
August 2015: Mitsubishi Engineering-Plastics Corporation, a comprehensive engineering plastics manufacturer, unveiled its new Iupital A10-03 with superior creep resistance as well as Iupital A25-03 equipped with high grade flowability and rigidity. Lupital A25-03 possesses around 10 percent higher mechanical properties and astonishing flowability as compared to the traditional polyacetal resins.
Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/resin-market-101746
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Resin Market Size, Growth, Industry Share, Global Demand and Forecast to 2026 here
News-ID: 2122914 • Views: …
More Releases from Fortune Business Insights™
World Environment Day 2023: How Saving Water Can Help Us Save The Environment
Wastewater comes from homes, businesses, industrial sites and farms, as well as any stormwater or groundwater that enters the sewer system.
Specialised treatment plants process this wastewater. A combination of technologies is used to achieve the treatment objectives, based on the character of raw wastewater and use of the treated wastewater. These processes include primary, secondary and tertiary treatment. Our research, published today, found wastewater treatment removes a lot of particles,…
Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and For …
The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of 5% during the 2021-2028 period.
In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance. The industry offers a wide variety of products, such as hair care, face care,…
Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market's growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and…
Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 202 …
The global cricket equipment market size was valued at USD 564.43 million in 2021 and USD 594.46 million in 2022. The market is expected to reach USD 897.02 million by 2029 with a CAGR of 6.05% during the forecast period. Growing demand for cricket bats and equipment from various institutions schools, colleges, cricket clubs, and fitness centers is anticipated to drive market growth. Increasing demand for customized sports products and cricket accessories…
More Releases for Resin
Alkyd Resin Market
The "Alkyd Resin Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Alkyd Resin Market, 2024-2031
Verified Market Research's most recent report, "Alkyd Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Water Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, Hex …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Water Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.58% between 2024 and 2031. The market is expected to grow to USD 68 Billion by 2024. The valuation is expected to reach USD 199.02 Billion by 2031.
The market for water-based amino resin is expanding rapidly due to the growing…
Solvent Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, A …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Solvent Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.57% between 2024 and 2031. The market is expected to grow to USD 45.6 Billion by 2024. The valuation is expected to reach USD 133.38 Billion by 2031.
The market for solvent-based amino resin is expanding significantly due to its extensive…
Alkyd Resin Market
According to the latest research report published by Market Data Forecast, the global alkyd resin market is expected to grow at a CAGR of 3.32% during the forecast period 2024-2029. The market value was at USD 2.89 billion in 2023, and the value is expected to reach USD 3.52 billion by the end of 2029.
Alkyd resin is the oil-modified complex polyester that acts as a film-forming agent in paints and…
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852
Composite resin…
Polyethylene Naphthalate Resin (PEN Resin) Market 2022 | Detailed Report
The research reports on "Polyethylene Naphthalate Resin (PEN Resin) Market" report gives detailed overview of factors that affect global business scope. Polyethylene Naphthalate Resin (PEN Resin) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download…
