Casting Resin Market to increase by USD 2.33 billion between 2022 to 2027 | Aditya Birla Management Corp. Pvt. Ltd., Alchemie Ltd., ASAHI YUKIZAI CORP. and more among key companies - Technavio

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- The casting resin market size is expected to grow by USD 2.33 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 6.61% during the forecast period, according to Technavio. Growing demand from the automotive industry is notably driving the casting resin market. However,  factors such as Volatile raw material prices may impede market growth. The market is segmented by Type (Polyurethane, Epoxy, and Unsaturated polyester), End-user (Automotive, Building and construction, Electrical and electronics, and Transportation and others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the casting resin market incluidng  Aditya Birla Management Corp. Pvt. Ltd., Alchemie Ltd., ASAHI YUKIZAI CORP., Atul Ltd., carbonblack composites, Chang Chun Group, CHEMZEST, China Petrochemical Corp., Covestro AG, DIC Corp., Gougeon Brothers Inc., Hexion Inc., Huntsman International LLC, Kolon Industries Inc., Kukdo Chemical Co. Ltd., Polytek Development Corp., RESOLTECH SAS, Schmid Industrieholding GmbH, Specialty Resin Chemical, and Suzhou Xingye Materials Technology Co. Ltd..The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report

Casting Resin Market 2023-2027: Company Analysis

Aditya Birla Management Corp. Pvt. Ltd. - The company offers casting resin such as Epoxy Resin. This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information.

Casting Resin Market 2023-2027: Segmentation

Type

• The polyurethane segment is significant during the forecast period. These coatings are used as surface coatings that have organic units of urethane links or even thermoplastic polyurethanes. Furthermore, polyurethane paint can be used for a wide range of applications, such as wood coating, flooring, automotive, buildings, and construction. Hence, such factors drive the segment growth during the forecast period.
• Other segments include epoxy and unsaturated polyester

Geography 

• APAC will contribute 56% to the growth of the global market during the forecast period. The growth can be attributed to the growth in the commercial and residential construction sector and the increasing investments in economic development in the region. Furthermore, per capita income in the APAC region has risen as a result of developing countries' growth. The countries include India, China, Indonesia, and others. Hence, such factors drive the growth of the regional market during the forecast period.
• Other regions include North America, Europe, South America, and the Middle East and Africa.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Casting Resin Market 2023-2027: Key Highlights

• Historic Market Size 2017-2021
• CAGR of the market during 2023-2027
• Detailed information on factors that will assist casting resin market growth during the next five years
• Estimation of the composite rebar market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the casting resin market
• Analysis of the competitive landscape and detailed information on companies
• Comprehensive details of factors that will impede the growth of casting resin market companies

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The UV curable adhesives market size is estimated to grow at a CAGR of 5.58% between 2022 and 2027. The market size is forecast to increase by USD 104.64 million.

ToC:

Excustive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio