Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Polymer Resin Market

Polymer Resin Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A08217
Pages: NA
Dec 2021 | 372 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Polymer Resin Market

Request Now !

Polymer Resin Market Analysis 2020-2027:

The global polymer resin market witness significant growth, and is anticipated to grow considerably over the next few years. Polymer resin is a liquid plastic product that hardens when kept in open air for a specified time to form a durable, thick, and glossy coating. In addition, it is water-resistant and fade-proof in its hardened form. Polymer resin products are widely used in the automotive industry, due to surge in demand for lightweight and fuel-efficient vehicles across the globe. In addition, it finds application in the construction and packaging industries, due to its ability to provide stability at high temperature and pressure along with offering improved strength. Moreover, polymer resins are pH stable in the range of 1–14.

The global polymer resin market is segmented into resin type, application, and region. Depending on resin type, the market is categorized into polystyrene, polyethylene, polyvinyl chloride (PVC), polypropylene, expandable polystyrene, and others. In terms of end-use industry, it is segregated into electrical & electronics, construction, medical, automotive, consumer, industrial, packaging, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Key players of the polymer resin industry analyzed in the research include BASF SE (Germany), Royal DSM (the Netherlands), DuPont (U.S.), Solvay SA (U.S.), SABIC (Saudi Arabia), LG Chem (South Korea), Covestro AG (Germany), Celanese Corporation (U.S.), Evonik Industries (Germany), and Bayer AG (Germany). These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global polymer resin market. 

Top impacting factors

Increase in application of polymer resin in the automotive industry and surge in adoption of polymer resin in the construction industry to produce door frames and base of countertops drive the global polymer resin market. In addition, rise in demand for polymer resin from packaging industry to produce uniquely shaped and durable packaging for products having irregular shape is expected to contribute toward the global market growth. However, volatile raw material prices owing to fluctuating global crude oil prices are anticipated to hamper the growth of the market. On the contrary, the ability to recycle polymer resin products is expected to create lucrative opportunities for the market players in the future.

Increase in application of polymer resin in the automotive industry

Automobile manufacturing plants that manufacture spare parts and components for vehicles utilize polymer resin in a massive volume. Polymer resin is important in manufacturing of various automobile components, including seat belts and carpets, as it can reduce the overall weight of the vehicle, thus increasing the fuel efficiency. Polypropylene, polyurethane, and PVC are the three widely used polymer resins in the automotive industry. Owing to increase in demand for lightweight and fuel-efficient vehicles, the need for polymer resin is anticipated to augment across the globe. In addition, surge in demand and production of electric vehicles (EVs) across the world to curb pollution and reduce dependency on convention fuel sources is anticipated to increase the demand for polymer resin and eventually will drive the growth of global polymer resin market.  

In September2019, BASF SE and STR Automotive entered into a joint venture to launch a new material Elastolit R 8819. This lightweight material can be used in manufacturing of front and rear bumpers of automobiles. In addition, in October 2019, SABIC launched XENOY HTX resin, a polyester-based technology, for the production of impact resistant, and high-performance structural automotive applications.

Surge in adoption of polymer resin in the construction industry

Polymer resins are widely used in construction industry to manufacture door frames & sturdy window, aesthetically pleasing & durable floor tiles, and the bases of countertops. They witness increased demand due to their adaptability, as the liquid form can be inserted into molds to manufacture the desired shape. 

In December 2019, BASF SE launched MasterTop XTC, a high-performance flooring system for the construction industry. MasterTop XTC flooring system provides anexceptional resistance to impact and abrasion, and an easy-to-clean seamless floor surface.

Prime benefits of the report

  • The report offers the analysis of the global polymer resin industry along with current trends and future estimations to foresee imminent threats and take necessary actions accordingly. 
  • The study offers an in-depth analysis of major drivers, opportunities, and restraints along with comprehensive analysis of the global polymer resin market share. 
  • The market study is analyzed from 2020 to 2027 to underline the growth possibilities.
  • The report includes Porter’s five forces analysis that offers insights about buyers & suppliers in the market. 
  • The analysis includes study of the major market players.

Scope of the report

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2020–2027

Forecast unit

Value (USD)

Segments covered

Resin Type, End-use Industry, and Region

Regions covered

North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and the Rest of Asia Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and the Rest of LAMEA)

Companies covered

BASF SE (Germany), Royal DSM (the Netherlands), DuPont (U.S.), Solvay SA (U.S.), SABIC (Saudi Arabia), LG Chem (South Korea), Covestro AG (Germany), Celanese Corporation (U.S.), Evonik Industries (Germany), and Bayer AG (Germany)

 

Key segments:

Segment

Subsegment

  Resin Type

  • Polystyrene
  • Polyethylene
  • Polyvinyl Chloride
  • Polypropylene
  • Expandable Polystyrene
  • Others

  End-use Industry

  • Electrical & Electronics
  • Construction
  • Medical
  • Automotive
  • Consumer
  • Industrial
  • Packaging
  • Others

 

Questions answered in the global polymer resin market research report:

  • Which are the leading market players active in the global polymer resin market?
  • What are the recent trends that will influence the market growth in the coming years?
  • What are the prime driving factors, restraints, and opportunities of the market?
  • What are the estimations that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Polymer Resin Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers