Thermoplastic Resins Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Thermoplastic resins are materials that soften in a liquid at high temperature and then harden again when cooled. Owing to these properties, thermoplastic resins can be molded into several structures and shapes, making it favorable to many industries. They are usually used in the injection molding process. Likewise, thermoplastic resins are ideal for plastic molding as it forms chemical bonds known as polymers when used in the plastic molding process. Reshaping abilities, chemical resistance, high recyclable nature, dimensional stability, and high impact resistance are some of the advantages of thermoplastic resins.

MARKET DYNAMICS

Increasing demand for thermoplastics from rising automobile manufacturing coupled with developments of various products using thermoplastic resins boosts the growth of the market. Various thermoplastic resins consist of filler materials such as powders or fibers that provide strength and stiffness. Tensile strength, thermal conductivity, and usage temperature are some of the vital characteristics that aids in the adoption of thermoplastic resins. Moreover, they can tolerate high-level impacts, and this property enhances its adoption in airplane windows, bulletproof vests, and helmet visors. Furthermore, the escalating focus on developing high molecular weight thermoplastics resins is further aiding market penetration. There is a substantial opportunity for the market to prosper around the globe attributed to the growing application of the product in several industries such as electronics, transportation, and others.

MARKET SCOPE

The "Global Thermoplastic Resins 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 the thermoplastic resins market with detailed market segmentation by resin type, compound type, end user and geography. The global thermoplastic resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermoplastic resins market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global thermoplastic resins market is segmented on the basis of resin type, compound type, and end user. On the basis of resin type, thermoplastic resins market is classified into polypropylene, polyamide, polybutylene terephthalate, polyphenylene sulfide, polycarbonate, and other resins. On the basis of compound type, market is segmented into short fiber-reinforced thermoplastic, long fiber-reinforced thermoplastic, continuous fiber-reinforced thermoplastic, and glass-mat thermoplastic. On the basis of end user, market is segmented into automotive and transportation, consumer goods, electrical and electronics, aerospace and defense, construction and infrastructure, marine, 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 thermoplastic resins 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 America. The thermoplastic resins 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 the thermoplastic resins 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 America after evaluating political, economic, social and technological factors affecting the thermoplastic resins market in these regions.

MARKET PLAYERS

The reports cover key developments in the thermoplastic resins 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 way for the expansion of business and customer base of market players. The market payers from thermoplastic resins market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the thermoplastic resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermoplastic resins market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Arkema
  
•   BASF SE
  
•   Celanese Corporation
  
•   DuPont de Nemours, Inc.
  
•   Koninklijke DSM N.V
  
•   Lanxess
  
•   LyondellBasell Industries N.V
  
•   SABIC
  
•   Solvay S.A
  
•   Toray Industries, Inc.
  

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Thermoplastic Resins Report Scope