Polymer Resin Market Strategies and Share 2031
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 2031" 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.
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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 2021 to 2031 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.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 2021 to 2031 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
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Polymer Resin Market - By Resin Type
1.3.2Polymer Resin Market - By Application
1.3.3Polymer Resin Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.POLYMER RESIN MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.POLYMER RESIN MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.POLYMER RESIN MARKET - GLOBAL MARKET ANALYSIS
6.1.POLYMER RESIN - GLOBAL MARKET OVERVIEW
6.2.POLYMER RESIN - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.POLYMER RESIN MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1.OVERVIEW
7.2.RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3.POLYSTYRENE
7.3.1.Overview
7.3.2.Polystyrene Market Forecast and Analysis
7.4.POLYETHYLENE
7.4.1.Overview
7.4.2.Polyethylene Market Forecast and Analysis
7.5.POLYVINYL CHLORIDE
7.5.1.Overview
7.5.2.Polyvinyl Chloride Market Forecast and Analysis
7.6.POLYPROPYLENE
7.6.1.Overview
7.6.2.Polypropylene Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.POLYMER RESIN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.ELECTRICAL AND ELECTRONIC
8.3.1.Overview
8.3.2.Electrical And Electronic Market Forecast and Analysis
8.4.AUTOMOTIVE
8.4.1.Overview
8.4.2.Automotive Market Forecast and Analysis
8.5.CONSTRUCTION
8.5.1.Overview
8.5.2.Construction Market Forecast and Analysis
8.6.MEDICAL AND CONSUMER
8.6.1.Overview
8.6.2.Medical And Consumer Market Forecast and Analysis
8.7.INDUSTRIAL
8.7.1.Overview
8.7.2.Industrial Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.POLYMER RESIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Polymer Resin Market Overview
9.1.2North America Polymer Resin Market Forecasts and Analysis
9.1.3North America Polymer Resin Market Forecasts and Analysis - By Resin Type
9.1.4North America Polymer Resin Market Forecasts and Analysis - By Application
9.1.5North America Polymer Resin Market Forecasts and Analysis - By Countries
9.1.5.1Canada Polymer Resin Market
9.1.5.1.1Canada Polymer Resin Market by Resin Type
9.1.5.1.2Canada Polymer Resin Market by Application
9.1.5.2Mexico Polymer Resin Market
9.1.5.2.1Mexico Polymer Resin Market by Resin Type
9.1.5.2.2Mexico Polymer Resin Market by Application
9.1.5.3US Polymer Resin Market
9.1.5.3.1US Polymer Resin Market by Resin Type
9.1.5.3.2US Polymer Resin Market by Application
9.2.EUROPE
9.2.1Europe Polymer Resin Market Overview
9.2.2Europe Polymer Resin Market Forecasts and Analysis
9.2.3Europe Polymer Resin Market Forecasts and Analysis - By Resin Type
9.2.4Europe Polymer Resin Market Forecasts and Analysis - By Application
9.2.5Europe Polymer Resin Market Forecasts and Analysis - By Countries
9.2.5.1Germany Polymer Resin Market
9.2.5.1.1Germany Polymer Resin Market by Resin Type
9.2.5.1.2Germany Polymer Resin Market by Application
9.2.5.2France Polymer Resin Market
9.2.5.2.1France Polymer Resin Market by Resin Type
9.2.5.2.2France Polymer Resin Market by Application
9.2.5.3Italy Polymer Resin Market
9.2.5.3.1Italy Polymer Resin Market by Resin Type
9.2.5.3.2Italy Polymer Resin Market by Application
9.2.5.4United Kingdom Polymer Resin Market
9.2.5.4.1United Kingdom Polymer Resin Market by Resin Type
9.2.5.4.2United Kingdom Polymer Resin Market by Application
9.2.5.5Russia Polymer Resin Market
9.2.5.5.1Russia Polymer Resin Market by Resin Type
9.2.5.5.2Russia Polymer Resin Market by Application
9.2.5.6Rest of Europe Polymer Resin Market
9.2.5.6.1Rest of Europe Polymer Resin Market by Resin Type
9.2.5.6.2Rest of Europe Polymer Resin Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Polymer Resin Market Overview
9.3.2Asia-Pacific Polymer Resin Market Forecasts and Analysis
9.3.3Asia-Pacific Polymer Resin Market Forecasts and Analysis - By Resin Type
9.3.4Asia-Pacific Polymer Resin Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Polymer Resin Market Forecasts and Analysis - By Countries
9.3.5.1Australia Polymer Resin Market
9.3.5.1.1Australia Polymer Resin Market by Resin Type
9.3.5.1.2Australia Polymer Resin Market by Application
9.3.5.2China Polymer Resin Market
9.3.5.2.1China Polymer Resin Market by Resin Type
9.3.5.2.2China Polymer Resin Market by Application
9.3.5.3India Polymer Resin Market
9.3.5.3.1India Polymer Resin Market by Resin Type
9.3.5.3.2India Polymer Resin Market by Application
9.3.5.4Japan Polymer Resin Market
9.3.5.4.1Japan Polymer Resin Market by Resin Type
9.3.5.4.2Japan Polymer Resin Market by Application
9.3.5.5South Korea Polymer Resin Market
9.3.5.5.1South Korea Polymer Resin Market by Resin Type
9.3.5.5.2South Korea Polymer Resin Market by Application
9.3.5.6Rest of Asia-Pacific Polymer Resin Market
9.3.5.6.1Rest of Asia-Pacific Polymer Resin Market by Resin Type
9.3.5.6.2Rest of Asia-Pacific Polymer Resin Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Polymer Resin Market Overview
9.4.2Middle East and Africa Polymer Resin Market Forecasts and Analysis
9.4.3Middle East and Africa Polymer Resin Market Forecasts and Analysis - By Resin Type
9.4.4Middle East and Africa Polymer Resin Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Polymer Resin Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Polymer Resin Market
9.4.5.1.1South Africa Polymer Resin Market by Resin Type
9.4.5.1.2South Africa Polymer Resin Market by Application
9.4.5.2Saudi Arabia Polymer Resin Market
9.4.5.2.1Saudi Arabia Polymer Resin Market by Resin Type
9.4.5.2.2Saudi Arabia Polymer Resin Market by Application
9.4.5.3U.A.E Polymer Resin Market
9.4.5.3.1U.A.E Polymer Resin Market by Resin Type
9.4.5.3.2U.A.E Polymer Resin Market by Application
9.4.5.4Rest of Middle East and Africa Polymer Resin Market
9.4.5.4.1Rest of Middle East and Africa Polymer Resin Market by Resin Type
9.4.5.4.2Rest of Middle East and Africa Polymer Resin Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Polymer Resin Market Overview
9.5.2South and Central America Polymer Resin Market Forecasts and Analysis
9.5.3South and Central America Polymer Resin Market Forecasts and Analysis - By Resin Type
9.5.4South and Central America Polymer Resin Market Forecasts and Analysis - By Application
9.5.5South and Central America Polymer Resin Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Polymer Resin Market
9.5.5.1.1Brazil Polymer Resin Market by Resin Type
9.5.5.1.2Brazil Polymer Resin Market by Application
9.5.5.2Argentina Polymer Resin Market
9.5.5.2.1Argentina Polymer Resin Market by Resin Type
9.5.5.2.2Argentina Polymer Resin Market by Application
9.5.5.3Rest of South and Central America Polymer Resin Market
9.5.5.3.1Rest of South and Central America Polymer Resin Market by Resin Type
9.5.5.3.2Rest of South and Central America Polymer Resin Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.POLYMER RESIN MARKET, KEY COMPANY PROFILES
11.1.BASF SE
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.BOREALIS AG
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CELANESE CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.COVESTRO AG
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.DUPONT DE NEMOURS, INC.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.EVONIK INDUSTRIES AG
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.LG CHEM
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.SABIC
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SASOL LTD
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.SOLVAY
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. BASF SE2. Borealis AG3. Celanese Corporation4. Covestro AG5. DuPont de Nemours, Inc.6. Evonik Industries AG7. LG Chem8. SABIC9. Sasol LTD10. Solvay
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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