市場調查報告書
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全球多功能樹脂市場2023-2030Global Multifunctional Resins Market 2023-2030 |
預計在預測期(2023-2030年),全球多功能樹脂市場將以5.6%的CAGR成長。多功能樹脂是一類含有多個官能基的樹脂。官能基是可以與其他分子形成鍵結的反應基團。汽車、航空航太和建築等各行業對輕質耐用材料的需求不斷成長。與傳統材料相比,多種樹脂具有許多優點,例如高強度重量比、耐腐蝕性和耐用性。這使得它們非常適合廣泛的應用。這是市場的主要驅動力之一。對輕質耐用材料的需求不斷成長是多種樹脂市場成長的重要動力。這種需求源自於各個產業,包括汽車、航空航太、建築和電子。
汽車產業體現了對輕質耐用材料的迫切需求,推動了多種樹脂市場的成長。福特野馬 Mach-E 電動 SUV 的開發就是一個典型的例子,它廣泛採用多種樹脂來實現輕質結構和增強的性能。該車的車身面板、內飾和電池外殼均採用多種樹脂增強的輕質複合材料製成,從而顯著減輕了車輛重量並提高了續航里程。此外,這些樹脂具有高強度、耐用性和耐腐蝕性,確保車輛結構和零件的完整性。
Global Multifunctional Resins Market Size, Share & Trends Analysis Report by Type (Epoxy, Polyurethane, Acrylic, Polyester, Polycarbonate, Polyamide, and Silicone), by Application (Electronics and Electrical Lamination, Automotive Component Manufacturing, Paints & Coatings Formulation, Composite, Production, Adhesives Production, Sealants, and Others), and by Industry (Packaging, Automotive & Transportation, Building & Construction, Consumer Goods/Lifestyle, Electrical & Electronics, and Agriculture), Forecast Period (2023-2030)
The global multifunctional resins market is anticipated to grow at a CAGR of 5.6% during the forecast period (2023-2030). Multifunctional resins are a type of resin that contains multiple functional groups. Functional groups are reactive groups that can form bonds with other molecules. There is a growing demand for lightweight and durable materials in various industries, including automotive, aerospace, and construction. Multiple resins offer a number of advantages over traditional materials, such as high strength-to-weight ratios, corrosion resistance, and durability. This makes them well-suited for a wide range of applications. This is one of the major key drivers of the market. The increasing demand for lightweight and durable materials is a significant driving force behind the growth of the multiple resins market. This demand stems from various industries, including automotive, aerospace, construction, and electronics.
The automotive industry exemplifies the compelling demand for lightweight and durable materials that is propelling the growth of the multiple resins market. The development of the Ford Mustang Mach-E electric SUV serves as a prime example, as it extensively employs multiple resins to achieve lightweight construction and enhanced performance. The vehicle's body panels, interior trim, and battery enclosures are crafted from lightweight composite materials reinforced with multiple resins, resulting in a significant reduction in vehicle weight and an improvement in range. Additionally, these resins impart high strength, durability, and corrosion resistance, ensuring the integrity of the vehicle structure and components.
The global multifunctional resins market is segmented by type, application, and industry. Based on the type, the market is sub-segmented into epoxy, polyurethane, acrylic, polyester, polycarbonate, polyamide, and silicone. Based on the application, the market is sub-segmented into electronics and electrical lamination, automotive component manufacturing, paints & coatings formulation, composite, production, adhesives production, sealants, and others (medical devices, and textiles). Further based on the basis of industry, the market is sub-segmented into packaging, automotive & transportation, building & construction, consumer goods/lifestyle, electrical & electronics, and agriculture.
Among the application, the paints and coatings sub-segment is expected to hold a considerable share of the global multifunctional resins market. Multiple resins are used in a variety of paints and coatings, including architectural coatings, industrial coatings, automotive coatings, and marine coatings. Multiple resins are used in paints and coatings because they offer a number of advantages, such as high durability, chemical resistance, and corrosion resistance.
For example, epoxy resins are often used in industrial coatings because they are very durable and resistant to chemicals. Polyurethane resins are often used in automotive coatings because they are very flexible and resistant to scratches. Acrylic resins are often used in marine coatings because they are very resistant to salt water and corrosion.
The global multifunctional resins market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe. The Asia-Pacific region is a global hub for electronics manufacturing, with countries like China, Taiwan, and South Korea leading the sector. Multiple resins are crucial components in electronic devices, such as encapsulants, conformal coatings, and adhesives, contributing to the region's dominance in this market.
Among all regions, the European region is anticipated to grow at a considerable CAGR over the forecast period. The growth of this region is due to various reasons. Europe has a strong manufacturing base, particularly in industries such as automotive, aerospace, and construction. These industries are significant consumers of multiple resins, driving the demand for high-performance materials. An aging population in Europe is driving the demand for medical devices and healthcare infrastructure. Multiple resins are used in various medical applications, such as implants, catheters, and surgical instruments, due to their biocompatibility and sterilizability. European companies are actively investing in research and development, forming strategic partnerships, and expanding their global presence. These efforts are strengthening the region's position in the multiple resins market. The European region is experiencing a growing demand for lightweight materials in various industries, including automotive and aerospace. Multiple resins, such as epoxy resins and polyurethane resins, offer high strength-to-weight ratios, making them suitable for lightweight applications. The regulatory environment in Europe is generally supportive of the multiple resins industry. Regulations ensure the safety and quality of multiple resins while allowing for innovation and development. The European region is experiencing a growing demand for lightweight materials in various industries, including automotive and aerospace. Multiple resins, such as epoxy resins and polyurethane resins, offer high strength-to-weight ratios, making them suitable for lightweight applications.
The major companies serving the multifunctional resins market include Ashland Inc., BASF SE, Dow Chemical Co., Huntsman International LLC, NIPPON STEEL Chemical & Material Co., Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2023, SI Group launched its multi-functional curative for polyurethane and epoxy adhesives named REZICURE™ PRO 2210. The product increases bond strength while reducing usage volume.