The changing dynamics in Corrosion-Resistant Resin Market with covid-19 impact assessment
The unexpected shifts in the global markets
because of the sudden outbreak of the COVID-19 virus have brought many major
and minor tremors to industries of all sizes including the Corrosion-Resistant Resin Market.
It was estimated prior to this unanticipated
outbreak that the Corrosion-Resistant
Resin Market was expected to grow at a CAGR of 6.5%. However, the gradual slowing down of industries will
undoubtedly impose limits on the previously estimated growth rate.
For a more detailed breakdown of the COVID-19
impact on the Corrosion-Resistant
Resin Market, request a
free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/195/corrosion-resistant-resin-market.html
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.
Click here for description of the report:
https://www.stratviewresearch.com/195/corrosion-resistant-resin-market.html
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 grow 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.
Key Players:
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.
Features of the Report
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.
The Corrosion-Resistant Resin
Market analysis report discusses the following heads in great detail:
- Market structure:
Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact
Assessment
- 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
Know more about us and
our reports:
Stratview Research has been offering its insightful reports and custom
researches to the interested clients in some of important industry sectors such
as Advanced Materials, Aerospace & Defense, Automotive & Mass
Transportation, Consumer Goods, Construction & Equipment, Electronics and
Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil
& Gas. The data is collected for the reports is collected from reliable
sources and is analysed carefully to come up with an end result that is
resourceful and worthy for the interesting clients.