Market Overview:
The global ketone resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ketone resins from various applications such as coatings & paints, printing ink, and adhesive. In terms of type, the carbon chain polymer segment is expected to lead the global ketone resin market during the forecast period. This can be attributed to its properties such as good solubility in organic solvents and high thermal stability.
Product Definition:
Ketone resin is a synthetic polymer that is used as a binder in coatings and adhesives. It is important because it increases the durability and resistance of surfaces to water and other environmental factors.
Carbon Chain Polymer:
Carbon chain polymer (CCP) is a special type of polymers, which has carbon chains with various molecular weights. The average molecular weight of the polymer depends on the nature and length of the carbon chain. Polymers with an average molecular weight below 200 are called low-molecular-weight polymers, while those above 5,000 are termed as high-molecular-weight polymers.
Hetero Chain Polymer:
Hetero-chain polymer (HCP) is a special type of polymers, which contains two different types of monomers connected by “heteroatom” linkages. These heteroatom links are usually made up of carbon or nitrogen. Hetero-chain polymers have excellent properties such as high thermal stability and chemical resistance compared to other synthetic resins.
Application Insights:
The global ketone resins market has been segmented on the basis of application into coating and paints, printing ink, adhesive and others. The coating and paints segment dominated the overall industry in terms of revenue share in 2017. Increasing demand for coatings as a protective layer over various substrates such as metal, wood, plastic is expected to drive product demand over the forecast period.
Ketone resins are used for manufacturing printing ink due to their fast dryness which helps prevent smearing or bleeding when applied on paper or other similar substrates. They are also used in making adhesives by reacting with maleic anhydride (MA) which forms a solid block when mixed together resulting in strong bonding between dissimilar materials such as glassy surfaces & non-glassy surfaces i.e.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to high product demand from various application industries. The region is expected to witness significant growth over the forecast period on account of rising population, consumer disposable income levels and rapid urbanization. Moreover, increasing government spending on infrastructure development projects is likely to drive industry expansion over the coming years.
The growing food & beverage sector in emerging economies including China and India are expected to be key factors driving product demand in printing ink applications. Furthermore, rising awareness regarding nutritional diet products among consumers is projected to fuel overall market growth during the forecast period. Increasing use of ketone resins for producing biodiesel as a substitute for petroleum diesel due its low carbon emission has been observed in Asia Pacific countries such as China and India which will further boost industry size during the estimated time span (2018-2030).
Growth Factors:
- Increasing demand for ketone resins from the automotive and aerospace industries as a result of their superior properties such as high thermal stability, low flammability, and resistance to corrosion.
- Growing demand for ketone resins in the construction industry due to their excellent weathering resistance and flame retardancy properties.
- Rising demand for ketone resins from the electrical & electronics industry due to increasing use of these resins in insulation materials, adhesives, sealants, and coatings.
- Rapid growth of the Asia Pacific region owing to rising disposable income levels and growing industrialization in countries such as China and India.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ketone Resin Market Research Report
By Type
Carbon Chain Polymer, Hetero Chain Polymer, Element Organic Polymer
By Application
Coating & Paints, Printing ink, Adhesive
By Companies
Evonik, Micro Inks, BASF, Lawter, Uniform Synthetics, D.R.Coats Ink & Resins, Shree Mahadev Intermediates, Macro Polymers, CLEF Industrial, Intech Synthetic Materials, Keyuan Innovative Materials, Dongrun Chemical, Changsha Creature Industry, Jinan Tongfa Resin, HZ New Chemical Material, Haishuo Biology
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Ketone Resin Market Report Segments:
The global Ketone Resin market is segmented on the basis of:
Types
Carbon Chain Polymer, Hetero Chain Polymer, Element Organic Polymer
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
Coating & Paints, Printing ink, Adhesive
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:
- Evonik
- Micro Inks
- BASF
- Lawter
- Uniform Synthetics
- D.R.Coats Ink & Resins
- Shree Mahadev Intermediates
- Macro Polymers
- CLEF Industrial
- Intech Synthetic Materials
- Keyuan Innovative Materials
- Dongrun Chemical
- Changsha Creature Industry
- Jinan Tongfa Resin
- HZ New Chemical Material
- Haishuo Biology
Highlights of The Ketone Resin 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:
- Carbon Chain Polymer
- Hetero Chain Polymer
- Element Organic Polymer
- By Application:
- Coating & Paints
- Printing ink
- Adhesive
- 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 Ketone Resin 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?
Ketone resin is a natural product that is extracted from ketones. Ketone resin can be used as a dietary supplement to help increase energy and improve athletic performance.
Some of the key players operating in the ketone resin market are Evonik, Micro Inks, BASF, Lawter, Uniform Synthetics, D.R.Coats Ink & Resins, Shree Mahadev Intermediates, Macro Polymers, CLEF Industrial, Intech Synthetic Materials, Keyuan Innovative Materials, Dongrun Chemical, Changsha Creature Industry, Jinan Tongfa Resin, HZ New Chemical Material, Haishuo Biology.
The ketone resin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ketone Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ketone Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ketone Resin Market - Supply Chain
4.5. Global Ketone Resin Market Forecast
4.5.1. Ketone Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ketone Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ketone Resin Market Absolute $ Opportunity
5. Global Ketone Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ketone Resin Market Size and Volume Forecast by Type
5.3.1. Carbon Chain Polymer
5.3.2. Hetero Chain Polymer
5.3.3. Element Organic Polymer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ketone Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ketone Resin Market Size and Volume Forecast by Application
6.3.1. Coating & Paints
6.3.2. Printing ink
6.3.3. Adhesive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ketone Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ketone Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ketone Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ketone Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ketone Resin Demand Share Forecast, 2019-2026
9. North America Ketone Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ketone Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ketone Resin Market Size and Volume Forecast by Application
9.4.1. Coating & Paints
9.4.2. Printing ink
9.4.3. Adhesive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ketone Resin Market Size and Volume Forecast by Type
9.7.1. Carbon Chain Polymer
9.7.2. Hetero Chain Polymer
9.7.3. Element Organic Polymer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ketone Resin Demand Share Forecast, 2019-2026
10. Latin America Ketone Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ketone Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ketone Resin Market Size and Volume Forecast by Application
10.4.1. Coating & Paints
10.4.2. Printing ink
10.4.3. Adhesive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ketone Resin Market Size and Volume Forecast by Type
10.7.1. Carbon Chain Polymer
10.7.2. Hetero Chain Polymer
10.7.3. Element Organic Polymer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ketone Resin Demand Share Forecast, 2019-2026
11. Europe Ketone Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ketone Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ketone Resin Market Size and Volume Forecast by Application
11.4.1. Coating & Paints
11.4.2. Printing ink
11.4.3. Adhesive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ketone Resin Market Size and Volume Forecast by Type
11.7.1. Carbon Chain Polymer
11.7.2. Hetero Chain Polymer
11.7.3. Element Organic Polymer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ketone Resin Demand Share, 2019-2026
12. Asia Pacific Ketone Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ketone Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ketone Resin Market Size and Volume Forecast by Application
12.4.1. Coating & Paints
12.4.2. Printing ink
12.4.3. Adhesive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ketone Resin Market Size and Volume Forecast by Type
12.7.1. Carbon Chain Polymer
12.7.2. Hetero Chain Polymer
12.7.3. Element Organic Polymer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ketone Resin Demand Share, 2019-2026
13. Middle East & Africa Ketone Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ketone Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ketone Resin Market Size and Volume Forecast by Application
13.4.1. Coating & Paints
13.4.2. Printing ink
13.4.3. Adhesive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ketone Resin Market Size and Volume Forecast by Type
13.7.1. Carbon Chain Polymer
13.7.2. Hetero Chain Polymer
13.7.3. Element Organic Polymer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ketone Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ketone Resin Market: Market Share Analysis
14.2. Ketone Resin Distributors and Customers
14.3. Ketone Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Micro Inks
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lawter
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uniform Synthetics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. D.R.Coats Ink & Resins
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shree Mahadev Intermediates
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Macro Polymers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CLEF Industrial
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Intech Synthetic Materials
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Keyuan Innovative Materials
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dongrun Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changsha Creature Industry
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jinan Tongfa Resin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. HZ New Chemical Material
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Haishuo Biology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
