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    Corrosion Resistant Resin Market

    Corrosion Resistant Resin Market
    Report code - SRAM134 Delivery - 2 Weeks

    Global Corrosion-Resistant Resin Market in the Composites Industry by Resin Type (Polye See more...

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    This report, from Stratview Research, studies the corrosion-resistant resin market in the global composites industry over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

    Global Corrosion-Resistant Resin Market in the Composites Industry: Highlights

    Global corrosion-resistant resin market in the composites industry is projected to grow at a healthy CAGR of 6.5% over the next five years. Increasing penetration of composites in the corrosion-resistant applications, such as sewage, irrigation, chemical, and oil & gas; development of new composites applications in different industries; increasing infrastructure expenditures in the developing economies; and an expected recovery of oil & gas drilling activities in coming years are the major growth drivers contributing to a healthy demand for corrosion-resistant resins in the composites industry.

    The global corrosion-resistant resin market in the composites industry is segmented based on resin type as polyester resin, epoxy resin, vinyl ester resin, and other resins. Polyester resin dominates the market because of its lower cost and good properties and is projected to remain the most dominant resin type during the forecast period as well.

    Epoxy resin is estimated to experience the highest growth in the global corrosion-resistant resin market in the composites industry. This resin type is gaining traction because of its excellent properties, such as strength, adhesiveness, versatility, moisture absorbent, and less volumetric shrinkage.

    Global corrosion-resistant resin market in the composites industry is segmented based on end-use industry as aerospace & defense, transportation, building & construction, pipe & tank, marine, and others. Pipe & tank is projected to remain the largest segment in the corrosion-resistant resin market for the composites industry during the forecast period, driven by sewage and chemical applications. Transportation is expected to witness the highest growth in the market, driven by increasing penetration of composites in the automotive industry to address stringent government regulations, such as CAFÉ standards.

    Asia-Pacific is expected to witness the highest growth in the global corrosion-resistant resin market in the composites industry over the next five years. Increasing infrastructure activities in major Asian countries, such as China and India, increasing boat production, and ongoing & future oil & gas activities are some of the major growth drivers of the region.

    Aditya Birla Chemicals, Ashland Inc., BASF SE, Hexion Inc., Huntsman Corporation, Olin Corporation, Polynt SpA, Reichhold Inc., Scott Bader Co. Ltd., and Sino Polymer Co. Ltd. are the key players in the global corrosion-resistant resin market in the composites industry. New product development, wide geographical reach, and collaboration with customers are some of the key strategies adopted by companies to gain a competitive edge over others.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We usually conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    The corrosion-resistant resin market in the global composites industry is segmented into the following categories: 

    Global Corrosion-Resistant Resin Market in the Composites Industry by Resin Type:

    • Polyester Resin (Regional Analysis: NA, Europe, APAC, and RoW)
    • Epoxy Resin (Regional Analysis: NA, Europe, APAC, and RoW)
    • Vinyl Ester Resin (Regional Analysis: NA, Europe, APAC, and RoW)
    • Other Resins (Regional Analysis: NA, Europe, APAC, and RoW)

    Global Corrosion-Resistant Resin Market in the Composites Industry by End-Use Industry:

    • Aerospace & Defense (Regional Analysis: NA, Europe, APAC, and RoW)
    • Transportation (Regional Analysis: NA, Europe, APAC, and RoW)
    • Building & Construction (Regional Analysis: NA, Europe, APAC, and RoW)
    • Pipe & Tank (Regional Analysis: NA, Europe, APAC, and RoW)
    • Marine (Regional Analysis: NA, Europe, APAC, and RoW)
    • Others (Regional Analysis: NA, Europe, APAC, and RoW)

    Global Corrosion-Resistant Resin Market in the Composites Industry by Region:

    • North America (Country Analysis: USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the world (Country Analysis: Brazil, Argentina, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3)
    • SWOT analysis of key players (up to 3)

    Market Segmentation

    • Current market segmentation of any one of the end-use industry type by resin type. 

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


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