Market Overview:
The global phosphorus-modified resins market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for coatings and paints, owing to the growing construction and automotive industries. In addition, the rising demand for adhesives and sealants in various end-use industries is also contributing to the growth of this market. On the basis of type, DOPO modified novolac epoxy (DOPO-NE) is expected to lead the global phosphorus-modified resins market during the forecast period. This can be attributed to its superior properties such as high thermal stability, chemical resistance, and excellent mechanical properties. On account of these benefits, DOPO modified novolac epoxy resin is extensively used in various applications such as coatings, paints, adhesives & sealants etc., across different regions worldwide. Based on application, paint segment accounted for majority share of total revenue generated by phosphorus-modified resins in 2017 and it is projected that this trend would continue over next few years as well due rising demand from construction & automotive sectors globally .
Product Definition:
Phosphorus-modified resins are a type of resin that has been modified with phosphorus. This type of resin is often used in adhesives and sealants, as well as in coatings and plastics. The addition of phosphorus to these resins can improve their properties, such as their strength, toughness, and resistance to heat and corrosion.
DOPO Modified Novolac Epoxy (DOPO-NE):
DOPO-NE is a modified novolac epoxy resin developed for use in high-temperature applications. It has phosphorus content greater than the DOPC standard (20% by weight). The product is manufactured using either of two methods, which include hydrolysis or acid catalyzed polymerization.
Vinyl Phosphates:
Vinyl phosphates are chemical compounds, which contain a phosphorus group. They can be classified as polyvinylphosphate (PVP) and vinyl-idene diphosphate (VIP). PVP is widely used in paints & coatings industry owing to its ability to modify the surface of various materials such as wood, glass, plastic and metals.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. Other applications include adhesives, coatings, inks and plastics. The increasing demand for biodegradable products is expected to drive product demand in this segment over the next eight years.
Paint was estimated as the largest application segment of phosphorus-modified resins with a volume share of 28% in 2016. It has been observed that after initial drying, PBR leaves very little moisture on wood which makes it an ideal choice for use as a primer on drywall construction or paneling systems before painting operations are carried out subsequently resulting in increased product consumption during this time span.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from China, India, Japan, South Korea and Australia. Asia Pacific is also projected to be one of the fastest-growing markets at an estimated CAGR of XX% from 2018 to 2030 owing to rising product demand for various applications including coatings & varnishes, wood preservation and architectural paints & coatings.
The growing automotive industry in emerging economies such as China and India coupled with infrastructure development activities are likely boost product consumption across these countries over the coming years.
Growth Factors:
- Increasing demand for phosphorus-modified resins from end-use industries such as automotive, construction, and electrical & electronics due to their superior properties such as high heat resistance, flame retardancy, and chemical resistance.
- Rising demand for lightweight vehicles due to stringent fuel economy norms across the globe is expected to boost the market growth of phosphorus-modified resins over the forecast period.
- Growing investments in construction sector coupled with increasing urbanization is projected to propel the market growth of phosphorus-modified resins during the forecast period.
- Proliferation of new applications for phosphorus-modified resins in various end-use industries is anticipated to provide lucrative opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phosphorus-modified Resins Market Research Report
By Type
DOPO Modified Novolac Epoxy (DOPO-NE), Vinyl Phosphates
By Application
Paint, Coating, Others
By Companies
Hexion, Shin-A T and C, BASF, ICL, Evonik, Guangxi Tongxuan Lixin Chemical, Siemens, Clariant
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Phosphorus-modified Resins Market Report Segments:
The global Phosphorus-modified Resins market is segmented on the basis of:
Types
DOPO Modified Novolac Epoxy (DOPO-NE), Vinyl Phosphates
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
Paint, Coating, 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:
- Hexion
- Shin-A T and C
- BASF
- ICL
- Evonik
- Guangxi Tongxuan Lixin Chemical
- Siemens
- Clariant
Highlights of The Phosphorus-modified 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:
- DOPO Modified Novolac Epoxy (DOPO-NE)
- Vinyl Phosphates
- By Application:
- Paint
- Coating
- 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 Phosphorus-modified 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?
Phosphorus-modified resins are a type of resin that have been treated with phosphorus to improve their performance. Phosphorus can help increase the strength and durability of the resin, making it more resistant to wear and tear.
Some of the major players in the phosphorus-modified resins market are Hexion, Shin-A T and C, BASF, ICL, Evonik, Guangxi Tongxuan Lixin Chemical, Siemens, Clariant.
The phosphorus-modified resins market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phosphorus-modified 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 Phosphorus-modified Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phosphorus-modified 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 Phosphorus-modified 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 Phosphorus-modified Resins Market Size & Forecast, 2018-2028
4.5.1 Phosphorus-modified Resins Market Size and Y-o-Y Growth
4.5.2 Phosphorus-modified Resins Market Absolute $ Opportunity
Chapter 5 Global Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Type
5.2.1 DOPO Modified Novolac Epoxy (DOPO-NE)
5.2.2 Vinyl Phosphates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Applications
6.2.1 Paint
6.2.2 Coating
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phosphorus-modified 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 Phosphorus-modified 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 Phosphorus-modified Resins Analysis and Forecast
9.1 Introduction
9.2 North America Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Type
9.6.1 DOPO Modified Novolac Epoxy (DOPO-NE)
9.6.2 Vinyl Phosphates
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 Phosphorus-modified Resins Market Size Forecast by Applications
9.10.1 Paint
9.10.2 Coating
9.10.3 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 Phosphorus-modified Resins Analysis and Forecast
10.1 Introduction
10.2 Europe Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Type
10.6.1 DOPO Modified Novolac Epoxy (DOPO-NE)
10.6.2 Vinyl Phosphates
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 Phosphorus-modified Resins Market Size Forecast by Applications
10.10.1 Paint
10.10.2 Coating
10.10.3 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 Phosphorus-modified Resins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Type
11.6.1 DOPO Modified Novolac Epoxy (DOPO-NE)
11.6.2 Vinyl Phosphates
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 Phosphorus-modified Resins Market Size Forecast by Applications
11.10.1 Paint
11.10.2 Coating
11.10.3 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 Phosphorus-modified Resins Analysis and Forecast
12.1 Introduction
12.2 Latin America Phosphorus-modified Resins 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 Phosphorus-modified Resins Market Size Forecast by Type
12.6.1 DOPO Modified Novolac Epoxy (DOPO-NE)
12.6.2 Vinyl Phosphates
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 Phosphorus-modified Resins Market Size Forecast by Applications
12.10.1 Paint
12.10.2 Coating
12.10.3 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) Phosphorus-modified Resins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phosphorus-modified Resins 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) Phosphorus-modified Resins Market Size Forecast by Type
13.6.1 DOPO Modified Novolac Epoxy (DOPO-NE)
13.6.2 Vinyl Phosphates
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) Phosphorus-modified Resins Market Size Forecast by Applications
13.10.1 Paint
13.10.2 Coating
13.10.3 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 Phosphorus-modified Resins Market: Competitive Dashboard
14.2 Global Phosphorus-modified Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexion
14.3.2 Shin-A T and C
14.3.3 BASF
14.3.4 ICL
14.3.5 Evonik
14.3.6 Guangxi Tongxuan Lixin Chemical
14.3.7 Siemens
14.3.8 Clariant
