The polymer resin market has experienced a sudden upsurge in the global market in the past few years. The polymer resins are stable in alkaline, strongly alkaline, acidic, strongly acidic and organic solvents. The polymer resins are pH stable from 1-14. The polymer resin products are widely used as they are stable at high pressures and temperature, they provide more strength to the gel and have a high pore volume.
MARKET DYNAMICS
The polymer resin market is assumed to grow in the forecast considering the growth in the construction industry. Increasing demand from the automotive industry is estimated to create an upsurge in the polymer resin market. However, the volatility of raw materials might restrict the growth of the polymer resin market. On the other hand, the recyclability of polymer resin products is likely to showcase growth opportunities for the polymer resin market during the forecast period.
MARKET SCOPE
The "Global Polymer Resin Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of polymer resin market with detailed market segmentation by resin type, applications, and geography. The global polymer resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading crude oil flow improver market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polymer resin market is segmented on the basis of resin type and applications. Based on resin type, the market is segmented as polystyrene, polyethylene, polyvinyl chloride, polypropylene and others. Based on application, the market is segmented as electrical & electronic, automotive, construction, medical & consumer, industrial and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polymer resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The polymer resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting polymer resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the polymer resin market in these regions.
MARKET PLAYERS
The reports cover key developments in the polymer resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from polymer resin market are anticipated to lucrative growth opportunities in the future with the rising demand for polymer resin in the global market. Below mentioned is the list of few companies engaged in the polymer resin market.
The report also includes the profiles of key polymer resin companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- BASF SE
- Borealis AG
- Celanese Corporation
- Covestro AG
- DuPont de Nemours, Inc.
- Evonik Industries AG
- LG Chem
- SABIC
- Sasol LTD
- Solvay