Phenoxy resins are primarily used as coatings, adhesives, and binders in construction materials as they provide excellent properties such as solvent and chemical resistance, adhesion, and durability. These resins are used in applications such as exterior and interior paints, flooring, sealants, and roofing, among others. The growing construction industry around the world due to rapid urbanization and industrialization is driving the demand for various construction materials where phenoxy resins find wide application.
The global Phenoxy Resins Market is estimated to be valued at US$ 1.48 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing demand from the building & construction industry is one of the major market trends accelerating the growth of the phenoxy resins market. According to the Global Construction 2030 report, the global construction output is projected to grow by 85% to $15.5 trillion by 2030. Rapid urbanization & industrialization in developing nations like China, India are driving the demand for various construction activities thereby boosting the demand for fenoxy resins which are widely used in interior & exterior paints, flooring, sealants, roofing, and other construction materials. The growing construction industry worldwide is expected to augment the market growth of phenoxy resins over the forecast period.
Segment Analysis
The global phenoxy resins market is dominated by the adhesive and paint segments. The adhesive segment accounts for over 30% of the total market share owing to wide application scope of phenoxy resins as binders and modifiers in adhesive formulations for wood, marine, and construction applications.
Key Takeaways
Global Phenoxy Resins Market Size is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis: North America dominates the global phenoxy resins market currently holding over 30% share. Growing construction activities along with increased spending on infrastructure development are driving the demand for phenoxy resins in this region. Asia Pacific region is expected to be the fastest growing market during the forecast period owing to increasing industrial activities and expanding end-use industries in emerging economies like China and India.
Key players: Key players operating in the Phenoxy Resins market are VeriChip Corporation (a subsidiary of PositiveID Corporation), Biohax International AB, Dangerous Things LLC, Three Square Market, Kaspersky Lab, McAfee Corp., Symantec Corporation, ARM Holdings plc (a subsidiary of SoftBank Group Corp.), NXP Semiconductors N.V., Texas Instruments Inc., STMicroelectronics N.V., BioTeq Limited, Chip In S.A., Tyco International Ltd. (a subsidiary of Johnson Controls International plc), Xerox Corporation.
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The Global Phenoxy Resins Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
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The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Phenoxy Resins Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/18059-phenoxy-resins-market-reportThe report also covers the complete competitive landscape of the global Phenoxy Resins market with company profiles of key players such as:Brenntag Specialties, Inc.Gabriel Performance ProductsICL Performance Products LPKukdo Chemicals Co. Ltd.Mitsubishi Chemical Holdings CorporationSEGMENTATIONS IN THE REPORT:By Type:Phenoxy Resins PelletWaterborne Phenoxy ResinsSolvent-Borne Phenoxy ResinsOtherBy Applications:AdhesivesCoatingsCompositesPlasticsOtherBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Phenoxy Resins Market @ https://www.decisiondatabases.com/contact/download-sample-18059The Global Phenoxy Resins Market has been exhibited in detail in the following chapters –Chapter 1 Phenoxy Resins Market PrefaceChapter 2 Executive SummaryChapter 3 Phenoxy Resins Industry AnalysisChapter 4 Phenoxy Resins Market Value Chain AnalysisChapter 5 Phenoxy Resins Market Analysis By TypeChapter 6 Phenoxy Resins Market Analysis By ApplicationsChapter 7 Phenoxy Resins Market Analysis By GeographyChapter 8 Competitive Landscape Of Phenoxy Resins CompaniesChapter 9 Company Profiles Of Phenoxy Resins IndustryPurchase the complete Global Phenoxy Resins Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-18059Other Reports by DecisionDatabases.com:Global Polyvinyl Chloride (PVC) Resins Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Epoxy Resins Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Coating Resins Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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The latest trending report Global Phenoxy Resins Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Phenoxy Resins (CAS 26402-79-9) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 1.8% in the forecast period of 2020 to 2025 and will expected to reach USD 13500 million by 2025, from USD 12560 million in 2019.The Phenoxy Resins (CAS 26402-79-9) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/16644-phenoxy-resins-market-analysis-reportMarket segmentationPhenoxy Resins (CAS 26402-79-9) market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Phenoxy Resins (CAS 26402-79-9) market has been segmented into Solventborne Phenoxy Resins, Waterborne Phenoxy Resins, Other, etc.By Application, Phenoxy Resins (CAS 26402-79-9) has been segmented into Adhesives, Coatings, Composites, Plastics, Other, etc.Regions and Countries Level AnalysisThe report offers in-depth assessment of the growth and other aspects of the Phenoxy Resins (CAS 26402-79-9) market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Phenoxy Resins (CAS 26402-79-9) markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.Competitive Landscape and Phenoxy Resins (CAS 26402-79-9) Market Share AnalysisPhenoxy Resins (CAS 26402-79-9) competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Phenoxy Resins (CAS 26402-79-9) sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.
For the period 2015-2020, this study provides the Phenoxy Resins (CAS 26402-79-9) sales, revenue and market share for each player covered in this report.The major players covered in Phenoxy Resins (CAS 26402-79-9) are: Gabriel Performance Products, Mitsubishi Chemical, DIC, Kukdo Chemical, Hexion, ShinA T, etc.
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