Market Overview:
The global resin for shell molding 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 high-quality and durable products from end-use industries, such as automotive and aerospace. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of this market. The alkaline phenolic resin segment is expected to dominate the global resin for shell molding market during the forecast period, owing to its superior properties such as high heat resistance and durability. The other segment includes resins such as polyester, vinyl ester, epoxy, and others that are used in various applications across different regions.
Product Definition:
Resins for Shell Molding are used to make the mold. They are important because they help create a strong mold that can be used over and over again.
Alkaline Phenolic Resin:
Alkaline phenolic resin is a synthetic type of resin, which has the ability to resist fungal growth and thus finds application in molding resins. It is manufactured by treating formaldehyde with phosphoric acid or calcium hydroxide. Alkaline phenolic resins are used as adhesives for binders in composites manufacturing process.
Other:
Other is a generic name for organic compounds other than carbon and hydrogen. In Resins for Shell Molding, Other are used as binders or fillers in the mixture of resin and filler. They have low molecular weight which makes them easily soluble in the solvent. The most common types of Other include polymers, waxes, oils, surfactants (non-dairy), glycerol esters & alcohols & fatty acids among others.
Application Insights:
The other application segment dominated the global resins for shell molding market, accounting for a share of over 60.0% in 2017. The growth can be attributed to increasing demand from various industries including automotive, construction and packaging among others. Resins are used as an alternative to thermoset plastics owing to their superior properties such as higher strength-to-weight ratio and better mechanical & chemical resistance which is expected to drive the demand further.
Resin manufacturers are also focusing on new product development activities in order to cater the growing requirements of various end-use industries globally which is expected to have a positive impact on industry growth over the forecast period. For instance, Dow Chemical developed phenolic resins with enhanced performance characteristics that enable them use in applications where high temperature resistance is required such as metal coating machines used for aluminum extrusions operating at temperatures up t o 500°C (932°F).
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 end-use industries such as automotive, transportation equipment, consumer goods, packaging and construction. China emerged as a major manufacturing hub for machine parts owing to availability of raw materials including steel at low cost coupled with easy access to labor. This trend is projected to have a positive impact on industry growth over the next eight years.
Europe accounted for more than 20% of global resin consumption in 2017 due to high demand from pump body application segment owing toproduction of energy through hydroelectric power plants along with other renewable sources across countries such asspanishire and scotland which are anticipatedto boost product use across various industrial applications including water treatment plant machinery components etcetera).
Growth Factors:
- Increasing demand from the automotive and aerospace industries for lightweight components
- Growing popularity of resin transfer molding (RTM) and vacuum assisted resin transfer molding (VARTM) processes, which offer superior quality and faster turnaround times compared to traditional methods
- Advances in technology that have led to the development of new resins with improved performance characteristics
- Rising demand for customized products that can be tailored to specific applications
- The increasing use of composites in construction and other end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Resins for Shell Molding Market Research Report
By Type
Alkaline Phenolic Resin, Other
By Application
Machine Parts, Pump Body, Other
By Companies
Sumitomo Bakelite, ASAHI YUKIZAI CORPORATION, Gunei Chemical Industry, Meiwa Plastic Industries, Hebei Zetian Chemical, EKRUN New Material, Laiwu Runda New Material, SQ Group
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Resins for Shell Molding Market Report Segments:
The global Resins for Shell Molding market is segmented on the basis of:
Types
Alkaline Phenolic Resin, Other
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
Machine Parts, Pump Body, Other
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:
- Sumitomo Bakelite
- ASAHI YUKIZAI CORPORATION
- Gunei Chemical Industry
- Meiwa Plastic Industries
- Hebei Zetian Chemical
- EKRUN New Material
- Laiwu Runda New Material
- SQ Group
Highlights of The Resins for Shell Molding 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:
- Alkaline Phenolic Resin
- Other
- By Application:
- Machine Parts
- Pump Body
- Other
- 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 Resins for Shell Molding 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
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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?
Resins are a type of plastic that are used to make shell molding. Resins are a type of synthetic polymer, and they can be used to create products such as toys, car parts, and medical devices. Shell molding is a process that uses resins to create molds for objects such as figurines or car parts. The resins are injected into the molds, and then the objects are heated until they harden. This process creates detailed shapes that can be easily removed from the molds
Some of the major companies in the resins for shell molding market are Sumitomo Bakelite, ASAHI YUKIZAI CORPORATION, Gunei Chemical Industry, Meiwa Plastic Industries, Hebei Zetian Chemical, EKRUN New Material, Laiwu Runda New Material, SQ Group.
The resins for shell molding market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Resins for Shell Molding 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. Resins for Shell Molding Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Resins for Shell Molding Market - Supply Chain
4.5. Global Resins for Shell Molding Market Forecast
4.5.1. Resins for Shell Molding Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Resins for Shell Molding Market Size (000 Units) and Y-o-Y Growth
4.5.3. Resins for Shell Molding Market Absolute $ Opportunity
5. Global Resins for Shell Molding 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. Resins for Shell Molding Market Size and Volume Forecast by Type
5.3.1. Alkaline Phenolic Resin
5.3.2. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Resins for Shell Molding 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. Resins for Shell Molding Market Size and Volume Forecast by Application
6.3.1. Machine Parts
6.3.2. Pump Body
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Resins for Shell Molding 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. Resins for Shell Molding 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 Resins for Shell Molding 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. Resins for Shell Molding 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 Resins for Shell Molding Demand Share Forecast, 2019-2026
9. North America Resins for Shell Molding 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 Resins for Shell Molding 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 Resins for Shell Molding Market Size and Volume Forecast by Application
9.4.1. Machine Parts
9.4.2. Pump Body
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Resins for Shell Molding Market Size and Volume Forecast by Type
9.7.1. Alkaline Phenolic Resin
9.7.2. Other
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 Resins for Shell Molding Demand Share Forecast, 2019-2026
10. Latin America Resins for Shell Molding 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 Resins for Shell Molding 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 Resins for Shell Molding Market Size and Volume Forecast by Application
10.4.1. Machine Parts
10.4.2. Pump Body
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Resins for Shell Molding Market Size and Volume Forecast by Type
10.7.1. Alkaline Phenolic Resin
10.7.2. Other
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 Resins for Shell Molding Demand Share Forecast, 2019-2026
11. Europe Resins for Shell Molding 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 Resins for Shell Molding 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 Resins for Shell Molding Market Size and Volume Forecast by Application
11.4.1. Machine Parts
11.4.2. Pump Body
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Resins for Shell Molding Market Size and Volume Forecast by Type
11.7.1. Alkaline Phenolic Resin
11.7.2. Other
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 Resins for Shell Molding Demand Share, 2019-2026
12. Asia Pacific Resins for Shell Molding 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 Resins for Shell Molding 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 Resins for Shell Molding Market Size and Volume Forecast by Application
12.4.1. Machine Parts
12.4.2. Pump Body
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Resins for Shell Molding Market Size and Volume Forecast by Type
12.7.1. Alkaline Phenolic Resin
12.7.2. Other
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 Resins for Shell Molding Demand Share, 2019-2026
13. Middle East & Africa Resins for Shell Molding 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 Resins for Shell Molding 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 Resins for Shell Molding Market Size and Volume Forecast by Application
13.4.1. Machine Parts
13.4.2. Pump Body
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Resins for Shell Molding Market Size and Volume Forecast by Type
13.7.1. Alkaline Phenolic Resin
13.7.2. Other
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 Resins for Shell Molding Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Resins for Shell Molding Market: Market Share Analysis
14.2. Resins for Shell Molding Distributors and Customers
14.3. Resins for Shell Molding Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Bakelite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ASAHI YUKIZAI CORPORATION
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gunei Chemical Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Meiwa Plastic Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hebei Zetian Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EKRUN New Material
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Laiwu Runda New Material
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SQ Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
