Global Composite Resin Market 2023 | Quickest Growth Rates by 2030 | 135 Pages Report

PRESS RELEASE

Published August 22, 2023

Global “Composite Resin Market” 2023 | New Report | Chemical and Material Global Industry | (135 Pages Report) Composite Resin Market it is the Largest Market in the Chemical and Material Industry with Greatest Significant Growth in CAGR and the Future Prediction up to 2028. In this report evaluate the effects of increased worldwide inflation on market expansion, Analyze the consequences of the Russia-Ukraine conflict on the provision of its direct and indirect influence on the market, Comprehend the market's reaction to the COVID-19 pandemic and how it is adapting as the pandemic's impact subsides.

“According to the Market Research Report, the Composite Resin market is expected to surpass USD 25110 Million by 2028, which is an increase from its current value of USD 20010 Million in 2022. This growth is projected to have a compound annual growth rate (3.3%) between 2023 and 2028.” Ask for a Sample Report

In today's fast-paced business world, it's essential to stay informed about the latest trends and identify potential threats and opportunities to stay ahead of the competition. In this report, we will explore the importance of keeping up with key industry trends and provide tips on how you can quickly build competitive intelligence. For example, if you notice a growing demand for a particular product or service, you can adjust your offerings accordingly to our Composite Resin market research report. It also Recognize areas of growth and opportunities within the market, Aid decision-making using both historical and projected data, Formulate strategies based on anticipated future developments and attain a global perspective on market development.

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The following key players in the competitive landscape should be evaluated:

Several up-and-coming companies are constantly seeking innovative ways to attract more customers. These companies also invest in research and development to explore novel techniques.

Hexion
Huntsman Corporation
Polynt
Olin
Royal DSM
Reichhold
BASF
Ashland
Mitsubishi Chemical
Sumitomo Bakelite
Kukdo Chemical
Hanwha Chemical
Sicomin
Gurit
Alpha OwensCorning (AOC)
SABIC
Scott Bader Company
Swancor

Global Composite Resin Market Overview:

The Composite Resin market in the Asia-Pacific, North-America, South-America, Europe, Middle East and South Africa and Asia Pacific region is projected to achieve a significant CAGR during the forecast period of 2022 to 2028.
Growth of CAGR: The Composite Resin market is expected to grow by approximately 3.3% during the period of 2022 to 2028.
Composite Resin Market Types: The global Composite Resin market is divided into segments, with Epoxy Resin, Unsaturated Polyester Resin, Phenolic Resin, Others being the largest contributor to this market.
Composite Resin Market Applications: The Automotive, Windmills, Building and Construction, Aerospace, Others segment was the leading contributor to the Composite Resin market in terms of applications, generating USD 20010 Million in 2022, and is projected to reach USD 25110 Million by 2028.

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Rising Demand in Composite Resin Market:

The global demand for Composite Resins is increasing every year due to the development of highly efficient and technologically advancements, such as Epoxy Resin, Unsaturated Polyester Resin, Phenolic Resin, Others, which offer long-term functionality. This trend is fueling growth in the global Composite Resin market Size.

Competitive Landscape of Composite Resin Market:

Conducting a competitive analysis can provide valuable insights into businesses that are vying for the same target audience. This is crucial in establishing a competitive advantage that can generate consistent revenue. During the analysis, it is important to identify competitors based on their product lines or services as well as their market segments.

Market Analysis and Insight:

Composite resin is a low-molecular-weight organic compound, which is normally used as organic matrix in the production of composite material. Composite resin is split between thermosets (mainly liquid resin) and thermoplastics (solid resin).

Composite resin formulations vary depending on the process used to fabricate the part and the requirements of its end-use application.

The major players in global Composite Resin market include Hexion, Huntsman Corporation, Polynt, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Unsaturated Polyester Resin is the main type, with a share about 50%. Automotive is the main application, which holds a share over 60%.

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Global Composite Resin Market Segmentation:

The market research report for the Composite Resin industry has divided the worldwide projection mapping market into different segments based on the type, application, and region. In 2022, the Composite Resin market was dominated by the regular segment due to its increased usage. The conventional segment dominated the largest market share in nature analysis and accounted for the largest revenue share in the Composite Resin market in 2022. The B2B segment dominated the largest market share in end-user type analysis. Europe, Asia, North America, South America and Middle East areas dominated the market with the highest revenue share.

Global Composite Resin Market Types:

The Most interesting area of the global Composite Resin market is market types.

Epoxy Resin
Unsaturated Polyester Resin
Phenolic Resin
Others

Global Composite Resin Market Application:

Automotive
Windmills
Building and Construction
Aerospace
Others

COVID-19 Impact on Composite Resin Market:

Due to the COVID-19 pandemic, there has been an increased demand for Composite Resin in various industries to reduce operational costs, improve efficiency, and minimize maintenance. On the other hand, the adoption and investment in Composite Resin has continued to rise in sectors like Chemical and Material, where it enhances the overall customer experience, leading to growth in the Composite Resin market. Additionally, the pandemic has highlighted the significance of Composite Resin in all types of businesses, thus having a positive impact on the global Composite Resin market.

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Global Composite Resin Market Drivers and Restraints: -

Drivers:

Many Consumers are using Composite Resin as a substitute, the primary factors affecting the demand for Composite Resin globally are a rise in consumer demand. Throughout the forecasted period, the demand for a Composite Resin market boosting all over the world. Also, this research report helps to driving business growth.

Restraints:

The Composite Resin playing crucial role in Chemical and Material industry growing in billions around the world. Especially which area highly growing and which player dominating in this industry to be found in this research report. In some areas of the Chemical and Material business, this may reduce the demand.

Regional Analysis Outlook Covered in Composite Resin Market Research Report:

North America

U.S.
Canada

Europe

U.K.
Germany
France
Italy
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

Latin America

Brazil
Mexico
Argentina

Middle East and South Africa

UAE
Saudi Arabia
South Africa

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Key Questions Answered in the Composite Resin Market are:

Who are the players in the market?
What are the main drivers, growth/decline factors, and challenges?
How is the industry expected to evolve in the forecast period?
What are the consumption patterns in various regions?
Which product types and areas of application are expected to experience significant demand in the near future?
What factors make the market a good long-term investment?
What strategies are the top firms using to gain market share in mature markets?

Key Offerings:

Industry Size and Revenue Projections for 2023-2028
Industry Dynamics, including Emerging Trends, Growth Drivers, and Investment Opportunities
In-depth Industry Segmentation by Application, Type, and Region
Competitive Analysis, featuring Top Competitors and other Leading Players.

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Detailed TOC of Global Composite Resin Market Report 2023:

1 Composite Resin Market Overview
1.1 Composite Resin Product Overview
1.2 Composite Resin Market Segment by Type
1.2.1 Epoxy Resin
1.2.2 Unsaturated Polyester Resin
1.2.3 Phenolic Resin
1.2.4 Others
1.3 Global Composite Resin Market Size by Type
1.3.1 Global Composite Resin Market Size Overview by Type (2016-2027)
1.3.2 Global Composite Resin Historic Market Size Review by Type (2016-2021)
1.3.2.1 Global Composite Resin Sales Breakdown in Volume by Type (2016-2021)
1.3.2.2 Global Composite Resin Sales Breakdown in Value by Type (2016-2021)
1.3.2.3 Global Composite Resin Average Selling Price (ASP) by Type (2016-2021)
1.3.3 Global Composite Resin Forecasted Market Size by Type (2022-2027)
1.3.3.1 Global Composite Resin Sales Breakdown in Volume by Type (2022-2027)
1.3.3.2 Global Composite Resin Sales Breakdown in Value by Type (2022-2027)
1.3.3.3 Global Composite Resin Average Selling Price (ASP) by Type (2022-2027)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Composite Resin Sales Breakdown by Type (2016-2021)
1.4.2 Europe Composite Resin Sales Breakdown by Type (2016-2021)
1.4.3 Asia-Pacific Composite Resin Sales Breakdown by Type (2016-2021)
1.4.4 Latin America Composite Resin Sales Breakdown by Type (2016-2021)
1.4.5 Middle East and Africa Composite Resin Sales Breakdown by Type (2016-2021)

2 Global Composite Resin Market Competition by Company
2.1 Global Top Players by Composite Resin Sales (2016-2021)
2.2 Global Top Players by Composite Resin Revenue (2016-2021)
2.3 Global Top Players Composite Resin Price (2016-2021)
2.4 Global Top Manufacturers Composite Resin Manufacturing Base Distribution, Sales Area, Product Type
2.5 Composite Resin Market Competitive Situation and Trends
2.5.1 Composite Resin Market Concentration Rate (2016-2021)
2.5.2 Global 5 and 10 Largest Manufacturers by Composite Resin Sales and Revenue in 2020
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue in Composite Resin as of 2020)
2.7 Date of Key Manufacturers Enter into Composite Resin Market
2.8 Key Manufacturers Composite Resin Product Offered
2.9 Mergers and Acquisitions, Expansion

3 Composite Resin Status and Outlook by Region
3.1 Global Composite Resin Market Size and CAGR by Region: 2016 VS 2021 VS 2026
3.2 Global Composite Resin Historic Market Size by Region
3.2.1 Global Composite Resin Sales in Volume by Region (2016-2021)
3.2.2 Global Composite Resin Sales in Value by Region (2016-2021)
3.2.3 Global Composite Resin Sales (Volume and Value) Price and Gross Margin (2016-2021)
3.3 Global Composite Resin Forecasted Market Size by Region
3.3.1 Global Composite Resin Sales in Volume by Region (2022-2027)
3.3.2 Global Composite Resin Sales in Value by Region (2022-2027)
3.3.3 Global Composite Resin Sales (Volume and Value), Price and Gross Margin (2022-2027)

4 Global Composite Resin by Application
4.1 Composite Resin Market Segment by Application
4.1.1 Automotive
4.1.2 Windmills
4.1.3 Building and Construction
4.1.4 Aerospace
4.1.5 Others
4.2 Global Composite Resin Market Size by Application
4.2.1 Global Composite Resin Market Size Overview by Application (2016-2027)
4.2.2 Global Composite Resin Historic Market Size Review by Application (2016-2021)
4.2.2.1 Global Composite Resin Sales Breakdown in Volume, by Application (2016-2021)
4.2.2.2 Global Composite Resin Sales Breakdown in Value, by Application (2016-2021)
4.2.2.3 Global Composite Resin Average Selling Price (ASP) by Application (2016-2021)
4.2.3 Global Composite Resin Forecasted Market Size by Application (2022-2027)
4.2.3.1 Global Composite Resin Sales Breakdown in Volume, by Application (2022-2027)
4.2.3.2 Global Composite Resin Sales Breakdown in Value, by Application (2022-2027)
4.2.3.3 Global Composite Resin Average Selling Price (ASP) by Application (2022-2027)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Composite Resin Sales Breakdown by Application (2016-2021)
4.3.2 Europe Composite Resin Sales Breakdown by Application (2016-2021)
4.3.3 Asia-Pacific Composite Resin Sales Breakdown by Application (2016-2021)
4.3.4 Latin America Composite Resin Sales Breakdown by Application (2016-2021)
4.3.5 Middle East and Africa Composite Resin Sales Breakdown by Application (2016-2021)

5 North America Composite Resin by Country
5.1 North America Composite Resin Historic Market Size by Country
5.1.1 North America Composite Resin Sales in Volume by Country (2016-2021)
5.1.2 North America Composite Resin Sales in Value by Country (2016-2021)
5.2 North America Composite Resin Forecasted Market Size by Country
5.2.1 North America Composite Resin Sales in Volume by Country (2022-2027)
5.2.2 North America Composite Resin Sales in Value by Country (2022-2027)

6 Europe Composite Resin by Country
6.1 Europe Composite Resin Historic Market Size by Country
6.1.1 Europe Composite Resin Sales in Volume by Country (2016-2021)
6.1.2 Europe Composite Resin Sales in Value by Country (2016-2021)
6.2 Europe Composite Resin Forecasted Market Size by Country
6.2.1 Europe Composite Resin Sales in Volume by Country (2022-2027)
6.2.2 Europe Composite Resin Sales in Value by Country (2022-2027)

7 Asia-Pacific Composite Resin by Region
7.1 Asia-Pacific Composite Resin Historic Market Size by Region
7.1.1 Asia-Pacific Composite Resin Sales in Volume by Region (2016-2021)
7.1.2 Asia-Pacific Composite Resin Sales in Value by Region (2016-2021)
7.2 Asia-Pacific Composite Resin Forecasted Market Size by Region
7.2.1 Asia-Pacific Composite Resin Sales in Volume by Region (2022-2027)
7.2.2 Asia-Pacific Composite Resin Sales in Value by Region (2022-2027)

8 Latin America Composite Resin by Country
8.1 Latin America Composite Resin Historic Market Size by Country
8.1.1 Latin America Composite Resin Sales in Volume by Country (2016-2021)
8.1.2 Latin America Composite Resin Sales in Value by Country (2016-2021)
8.2 Latin America Composite Resin Forecasted Market Size by Country
8.2.1 Latin America Composite Resin Sales in Volume by Country (2022-2027)
8.2.2 Latin America Composite Resin Sales in Value by Country (2022-2027)

9 Middle East and Africa Composite Resin by Country
9.1 Middle East and Africa Composite Resin Historic Market Size by Country
9.1.1 Middle East and Africa Composite Resin Sales in Volume by Country (2016-2021)
9.1.2 Middle East and Africa Composite Resin Sales in Value by Country (2016-2021)
9.2 Middle East and Africa Composite Resin Forecasted Market Size by Country
9.2.1 Middle East and Africa Composite Resin Sales in Volume by Country (2022-2027)
9.2.2 Middle East and Africa Composite Resin Sales in Value by Country (2022-2027)

10 Company Profiles and Key Figures in Composite Resin Business
10.1 Hexion
10.1.1 Hexion Corporation Information
10.1.2 Hexion Introduction and Business Overview
10.1.3 Hexion Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.1.4 Hexion Composite Resin Products Offered
10.1.5 Hexion Recent Development
10.2 Huntsman Corporation
10.2.1 Huntsman Corporation Corporation Information
10.2.2 Huntsman Corporation Introduction and Business Overview
10.2.3 Huntsman Corporation Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.2.4 Huntsman Corporation Composite Resin Products Offered
10.2.5 Huntsman Corporation Recent Development
10.3 Polynt
10.3.1 Polynt Corporation Information
10.3.2 Polynt Introduction and Business Overview
10.3.3 Polynt Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.3.4 Polynt Composite Resin Products Offered
10.3.5 Polynt Recent Development
10.4 Olin
10.4.1 Olin Corporation Information
10.4.2 Olin Introduction and Business Overview
10.4.3 Olin Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.4.4 Olin Composite Resin Products Offered
10.4.5 Olin Recent Development
10.5 Royal DSM
10.5.1 Royal DSM Corporation Information
10.5.2 Royal DSM Introduction and Business Overview
10.5.3 Royal DSM Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.5.4 Royal DSM Composite Resin Products Offered
10.5.5 Royal DSM Recent Development
10.6 Reichhold
10.6.1 Reichhold Corporation Information
10.6.2 Reichhold Introduction and Business Overview
10.6.3 Reichhold Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.6.4 Reichhold Composite Resin Products Offered
10.6.5 Reichhold Recent Development
10.7 BASF
10.7.1 BASF Corporation Information
10.7.2 BASF Introduction and Business Overview
10.7.3 BASF Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.7.4 BASF Composite Resin Products Offered
10.7.5 BASF Recent Development
10.8 Ashland
10.8.1 Ashland Corporation Information
10.8.2 Ashland Introduction and Business Overview
10.8.3 Ashland Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.8.4 Ashland Composite Resin Products Offered
10.8.5 Ashland Recent Development
10.9 Mitsubishi Chemical
10.9.1 Mitsubishi Chemical Corporation Information
10.9.2 Mitsubishi Chemical Introduction and Business Overview
10.9.3 Mitsubishi Chemical Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.9.4 Mitsubishi Chemical Composite Resin Products Offered
10.9.5 Mitsubishi Chemical Recent Development
10.10 Sumitomo Bakelite
10.10.1 Company Basic Information, Manufacturing Base and Competitors
10.10.2 Composite Resin Product Category, Application and Specification
10.10.3 Sumitomo Bakelite Composite Resin Sales, Revenue, Price and Gross Margin (2016-2021)
10.10.4 Main Business Overview
10.10.5 Sumitomo Bakelite Recent Development
10.11 Kukdo Chemical
10.11.1 Kukdo Chemical Corporation Information
10.11.2 Kukdo Chemical Introduction and Business Overview
10.11.3 Kukdo Chemical Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.11.4 Kukdo Chemical Composite Resin Products Offered
10.11.5 Kukdo Chemical Recent Development
10.12 Hanwha Chemical
10.12.1 Hanwha Chemical Corporation Information
10.12.2 Hanwha Chemical Introduction and Business Overview
10.12.3 Hanwha Chemical Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.12.4 Hanwha Chemical Composite Resin Products Offered
10.12.5 Hanwha Chemical Recent Development
10.13 Sicomin
10.13.1 Sicomin Corporation Information
10.13.2 Sicomin Introduction and Business Overview
10.13.3 Sicomin Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.13.4 Sicomin Composite Resin Products Offered
10.13.5 Sicomin Recent Development
10.14 Gurit
10.14.1 Gurit Corporation Information
10.14.2 Gurit Introduction and Business Overview
10.14.3 Gurit Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.14.4 Gurit Composite Resin Products Offered
10.14.5 Gurit Recent Development
10.15 Alpha OwensCorning (AOC)
10.15.1 Alpha OwensCorning (AOC) Corporation Information
10.15.2 Alpha OwensCorning (AOC) Introduction and Business Overview
10.15.3 Alpha OwensCorning (AOC) Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.15.4 Alpha OwensCorning (AOC) Composite Resin Products Offered
10.15.5 Alpha OwensCorning (AOC) Recent Development
10.16 SABIC
10.16.1 SABIC Corporation Information
10.16.2 SABIC Introduction and Business Overview
10.16.3 SABIC Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.16.4 SABIC Composite Resin Products Offered
10.16.5 SABIC Recent Development
10.17 Scott Bader Company
10.17.1 Scott Bader Company Corporation Information
10.17.2 Scott Bader Company Introduction and Business Overview
10.17.3 Scott Bader Company Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.17.4 Scott Bader Company Composite Resin Products Offered
10.17.5 Scott Bader Company Recent Development
10.18 Swancor
10.18.1 Swancor Corporation Information
10.18.2 Swancor Introduction and Business Overview
10.18.3 Swancor Composite Resin Sales, Revenue and Gross Margin (2016-2021)
10.18.4 Swancor Composite Resin Products Offered
10.18.5 Swancor Recent Development

11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Composite Resin Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Composite Resin Industrial Chain Analysis
11.4 Composite Resin Market Dynamics
11.4.1 Industry Trends
11.4.2 Market Drivers
11.4.3 Market Challenges
11.4.4 Market Restraints

12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Composite Resin Distributors
12.3 Composite Resin Downstream Customers

13 Research Findings and Conclusion

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continued…

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