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Global Specialty Resins Market 2023 Worldwide Industry Share, Size, Trend, Analysis by Top Leading Player and Forecast Till 2032 | Aldex Chemical Company Limited, Radiant Color NV, Huntsman International LLC, Purolite, Mitsubishi Chemical Corporation
Specialty Resins Market
As per the specialty resins market report by The Business Research Company, 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.
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%.
Read More On The Specialty Resins Market Report Here:
https://www.thebusinessresearchcompany.com/report/specialty-resins-global-market-report
Major competitors in the specialty resins market include 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.
The specialty resins market is segmented -
• By Resin Type: Epoxy, Unsaturated Polyester Resin (UPR), Vinyl, Polyamides
• By Function: Protection, Insulation, and Other Functions
• By End Use Industry: Building and Construction, Automotive, Water Treatment, Marine, Electrical and Electronics, Aerospace, and Other End Use Industries. Asia-Pacific was the largest region in the specialty resins market in 2022.
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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 Table Of Content For The Specialty Resins Market Include:
1. Executive Summary
2. Specialty Resins Market Characteristics
3. Specialty Resins Market Trends And Strategies
4. Specialty Resins Market - Macro Economic Scenario
5. Specialty Resins Market Size And Growth
……
26. Africa Specialty Resins Market
27. Specialty Resins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Resins Market
29. Specialty Resins Market Future Outlook and Potential Analysis
30. Appendix
The "Global Specialty Resins Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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