Market Overview:
The global liquid resins market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for surface coatings, industrial applications, and 3D printing applications. Polyurethane resin is expected to be the fastest-growing type segment in the global liquid resins market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
Liquid resins are thermoset polymers that are liquid at room temperature, but cure to a solid when exposed to heat or ultraviolet light. They are used in a variety of applications, including coatings, adhesives, and sealants. Liquid resins have many benefits over other types of polymers, including the ability to be poured into tight spaces and cured quickly.
Polyurethane:
Polyurethane is a polymer, which is manufactured by the catalytic reaction of an organic compound (such as butadiene) with hydrogen and isocyanate. Polyurethane (PU) exhibits superior properties such as high strength, excellent insulation, durability & flexibility at low cost over other conventional materials such as polypropylene and polystyrene.
Polyester:
It has high resistance to chemicals, high tensile strength, excellent abrasion resistance and good flexibility. These properties have made polyester very popular in the textile industry for manufacturing fabrics such as apparel, home furnishings, industrial products like conveyor belts and filters among others.
Application Insights:
The industrial application segment led the global liquid resins market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Liquid resin applications in industrial manufacturing include surface coating, 3D printing materials, adhesives and composites among others. The growing demand for lightweight vehicles with better performance is likely to propel the demand for composites over metal and other conventional vehicle components which will further drive product demand in this segment.
Surface coating emerged as one of the major application segments owing to increasing use of liquid resins on aluminum extrusions used on building & construction industry products such as windows, doors, bathroom fittings along with other metal components that are exposed to moisture or water exposure conditions such as rainscreen cladding systems and roofing systems among others.
Regional Analysis:
Asia Pacific was the leading revenue contributor in 2017 and is anticipated to witness a CAGR of XX% over the forecast period. The growth can be attributed to rising industrialization, rapid urbanization, and increasing foreign investments in emerging economies such as China, India, Indonesia among others. In addition, growing automotive industry is expected to drive demand for liquid resin products across Asia Pacific region during the forecast period.
The market in Europe accounted for 28% of global revenue share in 2017 owing to high product utilization across major end-use industries including construction & infrastructure (28%), automotive (23%) and consumer goods (20%).
Growth Factors:
- Increasing demand for liquid resins from the automotive and construction industries as a result of the growth in these sectors.
- Rising demand for lightweight vehicles due to stringent emission norms across the globe, which is expected to drive the demand for liquid resins in the automotive industry.
- Growing popularity of composites as a replacement for traditional materials in various applications, owing to their superior properties such as high strength-to-weight ratio and corrosion resistance. This is expected to boost the demand for liquid resins over the next few years.
- Rapid expansion of infrastructure projects worldwide, especially in emerging economies such as China and India, which is likely to create lucrative opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Resins Market Research Report
By Type
Polyurethane, Polyester, Others
By Application
Surface Coating, Industrial, 3D Printing, Others
By Companies
MGC, EPODEX, Resoltech Advanced Technology, Prodways Tech, Arkema, ALLNEX, Covestro, SHHXHGC, BAOLINHG, Guangzhou Songbao Chemical Co.,Ltd., Suzhou Soken Chemical Co.,Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Resins Market Report Segments:
The global Liquid Resins market is segmented on the basis of:
Types
Polyurethane, Polyester, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Surface Coating, Industrial, 3D Printing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MGC
- EPODEX
- Resoltech Advanced Technology
- Prodways Tech
- Arkema
- ALLNEX
- Covestro
- SHHXHGC
- BAOLINHG
- Guangzhou Songbao Chemical Co.,Ltd.
- Suzhou Soken Chemical Co.,Ltd.
Highlights of The Liquid Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane
- Polyester
- Others
- By Application:
- Surface Coating
- Industrial
- 3D Printing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquid Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Liquid resins are a type of resin that is used in manufacturing products such as plastic, rubber, and composites. Liquid resins are typically made from hydrocarbons or other organic molecules that are heated until they liquefy. This liquid resin can then be poured into molds to create products.
Some of the major companies in the liquid resins market are MGC, EPODEX, Resoltech Advanced Technology, Prodways Tech, Arkema, ALLNEX, Covestro, SHHXHGC, BAOLINHG, Guangzhou Songbao Chemical Co.,Ltd., Suzhou Soken Chemical Co.,Ltd..
The liquid resins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Resins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Liquid Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Resins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Liquid Resins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Liquid Resins Market Size & Forecast, 2020-2028
4.5.1 Liquid Resins Market Size and Y-o-Y Growth
4.5.2 Liquid Resins Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyurethane
5.2.2 Polyester
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Surface Coating
6.2.2 Industrial
6.2.3 3D Printing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Resins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquid Resins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyurethane
9.6.2 Polyester
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Surface Coating
9.10.2 Industrial
9.10.3 3D Printing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyurethane
10.6.2 Polyester
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Surface Coating
10.10.2 Industrial
10.10.3 3D Printing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyurethane
11.6.2 Polyester
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Surface Coating
11.10.2 Industrial
11.10.3 3D Printing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyurethane
12.6.2 Polyester
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Surface Coating
12.10.2 Industrial
12.10.3 3D Printing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyurethane
13.6.2 Polyester
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Surface Coating
13.10.2 Industrial
13.10.3 3D Printing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquid Resins Market: Competitive Dashboard
14.2 Global Liquid Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MGC
14.3.2 EPODEX
14.3.3 Resoltech Advanced Technology
14.3.4 Prodways Tech
14.3.5 Arkema
14.3.6 ALLNEX
14.3.7 Covestro
14.3.8 SHHXHGC
14.3.9 BAOLINHG
14.3.10 Guangzhou Songbao Chemical Co.,Ltd.
14.3.11 Suzhou Soken Chemical Co.,Ltd.
