Specialty Resins Market Worldwide Analysis By Financial Overview, Research Methodologies, and Forecast To 2026

Specialty Resins Market

The global polymers industry witnessed a drastic change over recent years, with trends shifting towards specialty resins production. The development of specialty resins is reshaping the global resins sector and is among the emerging segments of the market. Specialty resins have gained significant traction owing to the increased focus of consumers on the quality and customization of products. The major factors driving the demand for specialty resins are the array of benefits and its applications in a broad range of industries.

Today, the drive towards specialty resins is backed by the consumer-driven shift, continuous R and D for the introduction of advanced products in the end-user markets, and a rapidly growing middle–class populace requiring more consumer products such as electronic medical devices, personal care, automobiles, food and nutrition products.

The Major Players Covered in this Report:
The Dow Chemical Company, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, SABIC, INEOS AG, BASF SE, Eni S.p.A., LG Chem, Chevron Phillips Chemical Company LLC, Lanxess, many 

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By Type

Vinyl
Epoxy
Polyamides
Unsaturated Polyester Resin (UPR)
Others

By End-User

Building and Construction
Automotive
Water Treatment
Packaging
Marine
Electrical and Electronics
Aerospace
Others

Growing Automobile Sector Globally Is Driving the Demand for Specialty Resins

Growing concerns over the increasing pollution levels and CO2 emissions from vehicles have generated high demand for alternative products with a lower carbon footprint. The consumers have become aware than ever before and are interested in vehicles which help in reducing environmental degradation. Higher adoption of electric or battery-operated vehicles contributes to higher demand for lightweight polymers for the automobile sector. The OEMs are demanding resins for enhancing the performance and building lightweight vehicles that reduce CO2 emissions and fuel consumption. The below-mentioned info graph depicts the global number of electric cars deployed in the world for the period 2010-2019. (in Millions)

Regional Analysis For Specialty Resins Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Specialty Resins are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

The study objectives of this report are:

To study and forecast the market size of the Specialty Resins in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
 Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players

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This release was published on openPR.