Table of Content

"1    INTRODUCTION    39
1.1    OBJECTIVES OF THE STUDY    39
1.2    MARKET DEFINITION    39
1.2.1    INCLUSIONS & EXCLUSIONS    39
1.3    MARKET SCOPE    40
FIGURE 1    COMPOSITE RESIN MARKET SEGMENTATION    40
1.3.1    REGIONS COVERED    40
1.3.2    YEARS CONSIDERED FOR THE STUDY    41
1.4    CURRENCY    41
1.5    UNIT CONSIDERED    41
1.6    LIMITATIONS    41
1.7    STAKEHOLDERS    42
1.8    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    43
FIGURE 2    COMPOSITE RESIN MARKET: RESEARCH DESIGN    43
2.1    BASE NUMBER CALCULATION    44
2.1.1    SUPPLY-SIDE APPROACH    44
2.1.2    DEMAND-SIDE APPROACH    44
2.2    FORECAST NUMBER CALCULATION    44
2.2.1    SECONDARY DATA    45
2.2.2    PRIMARY DATA    45
2.2.2.1    Primary interviews – Top composite resin manufacturers    45
2.2.2.2    Breakdown of primary interviews    45
2.2.2.3    Key industry insights    46
2.3    MARKET SIZE ESTIMATION    46
2.3.1    BOTTOM-UP APPROACH    46
FIGURE 3    COMPOSITE RESIN MARKET: BOTTOM-UP APPROACH    47
2.3.2    TOP-DOWN APPROACH    47
FIGURE 4    COMPOSITE RESIN MARKET: TOP-DOWN APPROACH    47
2.4    DATA TRIANGULATION    47
FIGURE 5    COMPOSITE RESIN MARKET: DATA TRIANGULATION    48
2.5    FACTOR ANALYSIS    48
2.6    ASSUMPTIONS    49
2.7    LIMITATIONS & RISKS    49

3    EXECUTIVE SUMMARY    50
FIGURE 6    THERMOSET COMPOSITE RESIN TYPE DOMINATED THE COMPOSITE
RESIN MARKET IN 2020    50
FIGURE 7    LAYUP MANUFACTURING PROCESS LED THE COMPOSITE
RESIN MARKET IN 2020    51
FIGURE 8    WIND ENERGY APPLICATION LED THE MARKET IN 2020    52
FIGURE 9    CHINA TO BE THE FASTEST-GROWING REGION IN THE COMPOSITE RESIN MARKET DURING THE FORECAST PERIOD    52
FIGURE 10    APAC LED THE COMPOSITE RESIN MARKET IN 2020    53
4    PREMIUM INSIGHTS    54
4.1    ATTRACTIVE OPPORTUNITIES IN THE COMPOSITE RESIN MARKET    54
FIGURE 11    HIGH DEMAND FROM END-USE INDUSTRIES TO DRIVE
THE COMPOSITE RESIN MARKET    54
4.2    COMPOSITE RESIN MARKET, BY RESIN TYPE    54
FIGURE 12    THERMOSET COMPOSITE RESIN TYPE DOMINATED THE OVERALL MARKET    54
4.3    COMPOSITE RESIN MARKET, BY MANUFACTURING PROCESS    55
FIGURE 13    LAYUP MANUFACTURING PROCESS LED THE COMPOSITE RESIN MARKET    55
4.4    COMPOSITE RESIN MARKET, BY APPLICATION    55
FIGURE 14    CONSTRUCTION & INFRASTRUCTURE APPLICATIONS LED
THE COMPOSITE RESIN MARKET    55
4.5    COMPOSITE RESIN MARKET, BY KEY COUNTRY    56
FIGURE 15    MARKET IN INDIA TO GROW AT THE HIGHEST CAGR DURING
THE FORECAST PERIOD    56
5    MARKET OVERVIEW    57
5.1    INTRODUCTION    57
5.2    MARKET DYNAMICS    57
FIGURE 16    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN
THE COMPOSITE RESIN MARKET    57
5.2.1    DRIVERS    58
5.2.1.1    Growing automotive & transportation industry    58
FIGURE 17    GLOBAL ELECTRIC VEHICLE STOCK, BY REGION, 2010–2020    58
5.2.1.2    Growing demand for wind energy due to increasing focus on renewable sources of energy    59
5.2.1.3    Increase in demand for thermoplastic resin    59
5.2.2    RESTRAINTS    59
5.2.2.1    High processing and manufacturing cost    59
5.2.2.2    Recycling-related issues    60
5.2.3    OPPORTUNITIES    60
5.2.3.1    Increasing demand from emerging economies    60
5.2.3.2    Increasing use of composite resins in the growing aerospace industry    60
TABLE 1    NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES,
BY REGION (2020–2039)    61
TABLE 2    SMALL, MEDIUM, AND LARGE DELIVERIES OF AIRCRAFT
FROM 2019 TO 2038    61
5.2.4    CHALLENGES    61
5.2.4.1    Need for continuous improvement in product offering    61
5.2.4.2    Market recovery from COVID-19    62
5.3    PORTER’S FIVE FORCES ANALYSIS    62
FIGURE 18    PORTER’S FIVE FORCES ANALYSIS: COMPOSITE RESIN MARKET    62
5.3.1    BARGAINING POWER OF SUPPLIERS    63
5.3.2    BARGAINING POWER OF BUYERS    63
5.3.3    THREAT OF SUBSTITUTES    63
5.3.4    THREAT OF NEW ENTRANTS    63
5.3.5    INTENSITY OF COMPETITIVE RIVALRY    64
TABLE 3    COMPOSITE RESIN MARKET: PORTER’S FIVE FORCES ANALYSIS    64
5.4    TECHNOLOGY ANALYSIS    64
5.5    ECOSYSTEM: COMPOSITE RESIN MARKET    65
FIGURE 19    COMPOSITE RESIN MARKET: ECOSYSTEM    65
5.6    VALUE CHAIN ANALYSIS    66
FIGURE 20    COMPOSITE RESIN MARKET: VALUE CHAIN ANALYSIS    66
5.6.1    RAW MATERIAL SELECTION & MANUFACTURING    66
5.6.2    DISTRIBUTION & APPLICATIONS    67
5.7    SUPPLY CHAIN ANALYSIS    67
TABLE 4    COMPOSITE RESIN MARKET: SUPPLY CHAIN    67
5.8    IMPACT OF COVID-19    68
5.8.1    IMPACT OF COVID-19 ON THE AEROSPACE INDUSTRY    68
5.8.2    IMPACT OF COVID-19 ON THE AUTOMOTIVE INDUSTRY    69
5.9    PATENT ANALYSIS    69
5.9.1    INTRODUCTION    69
5.9.2    METHODOLOGY    69
5.9.3    DOCUMENT TYPE    70
TABLE 5    GRANTED PATENTS ARE 15% OF THE TOTAL COUNT IN THE LAST 10 YEARS    70
FIGURE 21    GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE, 2010–2020    70
FIGURE 22    PUBLICATION TRENDS, 2010–2020    70
5.9.4    INSIGHTS    71
5.9.5    LEGAL STATUS OF PATENTS    71
FIGURE 23    PATENT JURISDICTION ANALYSIS, 2020    71
5.9.6    TOP APPLICANTS OF PATENTS    72
FIGURE 24    TOP APPLICANTS OF PATENTS    72
TABLE 6    LIST OF PATENTS BY KAO CORPORATION    72
TABLE 7    LIST OF PATENTS BY SEKISUI PLASTICS    73
TABLE 8    LIST OF PATENTS BY JSP CORPORATION    74
TABLE 9    TOP TEN PATENT OWNERS (US) DURING THE LAST 10 YEARS    74

5.10    COMPOSITE RESIN MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS    75
TABLE 10    COMPOSITE RESIN MARKET: CAGR (BY VALUE) IN REALISTIC, PESSIMISTIC, AND OPTIMISTIC SCENARIOS    75
5.10.1    OPTIMISTIC SCENARIO    75
5.10.2    PESSIMISTIC SCENARIO    75
5.10.3    REALISTIC SCENARIO    75
5.11    PRICING ANALYSIS    75
5.12    AVERAGE SELLING PRICE    76
TABLE 11    AVERAGE SELLING PRICE, BY TYPE    76
5.13    KEY MARKETS FOR IMPORTS/EXPORTS    76
5.13.1    EXPORT SCENARIO OF COMPOSITE RESIN    76
FIGURE 25    EXPORT OF UNSATURATED POLYALLYL ESTERS AND OTHER ESTERS IN PRIMARY FORMS (EXCLUDING POLYCARBONATES, ALKYD RESINS, POLYETHYLENE TEREPHTHALATE, AND POLYLACTIC ACID)    77
5.13.2    IMPORT SCENARIO OF COMPOSITE RESIN    78
FIGURE 26    IMPORT OF UNSATURATED POLYALLYL ESTERS AND OTHER ESTERS IN PRIMARY FORMS (EXCLUDING POLYCARBONATES, ALKYD RESINS, POLYETHYLENE TEREPHTHALATE, AND POLYLACTIC ACID)    78
5.14    TARIFFS AND REGULATIONS    79
TABLE 12    CURRENT STANDARD CODES FOR COMPOSITE RESINS    79
5.15    CASE STUDY: COMPOSITE RESIN    80
5.16    TRENDS AND DISRUPTIONS AFFECTING CUSTOMER’S BUSINESS    81
6    COMPOSITE RESIN MARKET, BY RESIN TYPE    82
6.1    INTRODUCTION    83
FIGURE 27    COMPOSITE RESIN, BY TYPES    83
FIGURE 28    THERMOSET COMPOSITE RESIN TO BE THE LEADING RESIN TYPE    83
TABLE 13    COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)    84
TABLE 14    COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    84
6.2    THERMOSET COMPOSITE RESIN    85
6.2.1    SUPERIOR PROPERTIES OF THERMOSET COMPOSITE RESIN TO
BOOST THE MARKET    85
FIGURE 29    APAC TO BE THE LEADING REGION IN THE THERMOSET RESIN TYPE    85
6.2.2    THERMOSET COMPOSITE RESIN MARKET, BY REGION    85
TABLE 15    THERMOSET COMPOSITE RESIN MARKET SIZE, BY REGION,
2019–2026 (KILOTON)    85
TABLE 16    THERMOSET COMPOSITE RESIN MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    86
FIGURE 30    EPOXY RESIN IS PROJECTED TO BE THE FASTEST-GROWING
THERMOSET COMPOSITE RESIN    86
6.2.3    THERMOSET COMPOSITE RESIN MARKET SIZE, BY TYPE    87
TABLE 17    THERMOSET COMPOSITE RESIN MARKET SIZE, BY TYPE,
2019–2026 (KILOTON)    87
TABLE 18    THERMOSET COMPOSITE RESIN MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION)    87
6.2.3.1    Unsaturated polyester resin    87
6.2.3.2    Unsaturated polyester resin market, by region    88
TABLE 19    UNSATURATED POLYESTER RESIN MARKET SIZE, BY REGION,
2019–2026 (KILOTON)    88
TABLE 20    UNSATURATED POLYESTER RESIN MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    88
6.2.3.3    Epoxy resin    88
6.2.3.4    Epoxy resin market, by region    89
TABLE 21    EPOXY RESIN MARKET SIZE, BY REGION, 2019–2026 (KILOTON)    89
TABLE 22    EPOXY RESIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    89
6.2.3.5    Vinyl ester resin    89
6.2.3.6    Vinyl ester resin market, by region    90
TABLE 23    VINYL ESTER RESIN MARKET SIZE, BY REGION, 2019–2026 (KILOTON)    90
TABLE 24    VINYL ESTER RESIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    90
6.2.3.7    Other thermoset composite resins    90
6.2.3.8    Other thermoset composite resins market, by region    91
TABLE 25    OTHER THERMOSET COMPOSITE RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON)    91
TABLE 26    OTHER THERMOSET COMPOSITE RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    91
6.3    THERMOPLASTIC COMPOSITE RESIN    91
6.3.1    THERMOPLASTIC COMPOSITE MARKET TO GROW AT A FAST RATE
DURING THE FORECAST PERIOD    91
FIGURE 31    APAC TO BE THE LEADING THERMOPLASTIC COMPOSITE RESIN MARKET    92
6.3.2    THERMOPLASTIC COMPOSITE RESIN MARKET, BY REGION    92
TABLE 27    THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY REGION,
2019–2026 (KILOTON)    92
TABLE 28    THERMOPLASTIC COMPOSITE MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    92
FIGURE 32    PEEK TO BE THE FASTEST-GROWING THERMOPLASTIC COMPOSITE RESIN DURING THE FORECAST PERIOD    93
6.3.3    THERMOPLASTIC COMPOSITE RESIN MARKET, BY TYPE    93
TABLE 29    THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY TYPE,
2019–2026 (KILOTON)    93
TABLE 30    THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION)    93
6.3.3.1    Polypropylene resin (PP)    94
6.3.3.2    Polypropylene resin market, by region    94
TABLE 31    POLYPROPYLENE RESIN MARKET SIZE, BY REGION, 2019–2026 (KILOTON)    94
TABLE 32    POLYPROPYLENE RESIN MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    94
6.3.3.3    Polyether ether ketone resin (PEEK)    95
6.3.3.4    PEEK resin market, by region    95
TABLE 33    PEEK RESIN MARKET SIZE, BY REGION, 2019–2026 (KILOTON)    95
TABLE 34    PEEK RESIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    95
6.3.3.5    Other thermoplastic composite resins    96
6.3.3.6    Other thermoplastic resins market, by region    96
TABLE 35    OTHER THERMOPLASTIC RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON)    96
TABLE 36    OTHER THERMOPLASTIC RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION)    96
7    COMPOSITE RESIN, BY MANUFACTURING PROCESS    97
7.1    INTRODUCTION    98
FIGURE 33    LAYUP MANUFACTURING PROCESS TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL COMPOSITE RESIN MARKET    98
TABLE 37    COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS,
2019–2026 (KILOTON)    98
TABLE 38    COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS,
2019–2026 (USD MILLION)    99
7.2    LAYUP    99
7.2.1    LAYUP MANUFACTURING PROCESS TO HAVE THE HIGHEST SHARE IN
THE COMPOSITE RESIN MARKET    99
FIGURE 34    NORTH AMERICA TO LEAD IN THE LAYUP MANUFACTURING PROCESS    100
7.2.2    COMPOSITE RESIN MARKET IN THE LAYUP MANUFACTURING
PROCESS, BY REGION    100
TABLE 39    COMPOSITE RESIN MARKET SIZE IN THE LAYUP MANUFACTURING PROCESS, BY REGION, 2019–2026 (KILOTON)    100
TABLE 40    COMPOSITE RESIN MARKET SIZE IN THE LAYUP MANUFACTURING PROCESS, BY REGION, 2019–2026 (USD MILLION)    100
7.3    FILAMENT WINDING    101
7.3.1    TRANSPORTATION INDUSTRY TO AUGMENT THE DEMAND FOR FILAMENT WINDING MANUFACTURING PROCESS    101
FIGURE 35    APAC TO BE THE FASTEST-GROWING REGION IN THE FILAMENT WINDING MANUFACTURING PROCESS    101
7.3.2    COMPOSITE RESIN MARKET IN FILAMENT WINDING MANUFACTURING PROCESS, BY REGION    102
TABLE 41    COMPOSITE RESIN MARKET SIZE IN FILAMENT WINDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (KILOTON)    102
TABLE 42    COMPOSITE RESIN SIZE IN FILAMENT WINDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (USD MILLION)    102
7.4    INJECTION MOLDING    102
7.4.1    INJECTION MOLDING TO BE THE THIRD-LARGEST MANUFACTURING PROCESS    102
FIGURE 36    APAC TO LEAD THE COMPOSITE RESIN MARKET IN THE INJECTION MOLDING MANUFACTURING PROCESS    103
7.4.2    COMPOSITE RESIN MARKET IN INJECTION MOLDING MANUFACTURING PROCESS, BY REGION    103
TABLE 43    COMPOSITE RESIN MARKET SIZE IN INJECTION MOLDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (KILOTON)    103
TABLE 44    COMPOSITE RESIN MARKET SIZE IN INJECTION MOLDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (USD MILLION)    104

7.5    PULTRUSION    104
7.5.1    PULTRUSION PROCESS TO WITNESS THE HIGHEST GROWTH
IN THE APAC REGION    104
FIGURE 37    APAC TO ACCOUNT FOR THE LARGEST SHARE IN THE PULTRUSION MANUFACTURING PROCESS    105
7.5.2    COMPOSITE RESIN MARKET IN PULTRUSION MANUFACTURING
PROCESS, BY REGION    105
TABLE 45    COMPOSITE RESIN MARKET SIZE IN PULTRUSION MANUFACTURING PROCESS, BY REGION, 2019–2026 (KILOTON)    105
TABLE 46    COMPOSITE RESIN MARKET SIZE IN PULTRUSION MANUFACTURING PROCESS, BY REGION, 2019–2026 (USD MILLION)    105
7.6    COMPRESSION MOLDING    106
7.6.1    COMPRESSION MOLDING TO BE THE SECOND-LARGEST
MANUFACTURING PROCESS    106
FIGURE 38    APAC TO LEAD THE COMPOSITE RESIN MARKET IN THE COMPRESSION MOLDING MANUFACTURING PROCESS    106
7.6.2    COMPOSITE RESIN MARKET IN THE COMPRESSION MOLDING MANUFACTURING PROCESS, BY REGION    107
TABLE 47    COMPOSITE RESIN MARKET SIZE IN THE COMPRESSION MOLDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (KILOTON)    107
TABLE 48    COMPOSITE RESIN MARKET SIZE IN THE COMPRESSION MOLDING MANUFACTURING PROCESS, BY REGION, 2019–2026 (USD MILLION)    107
7.7    RESIN TRANSFER MOLDING    107
7.7.1    RESIN TRANSFER MOLDING TO BE THE FASTEST-GROWING
MANUFACTURING PROCESS    107
FIGURE 39    APAC TO DOMINATE THE COMPOSITE RESIN MARKET IN THE RESIN TRANSFER MOLDING MANUFACTURING PROCESS    108
7.7.2    COMPOSITE RESIN MARKET IN RTM MANUFACTURING PROCESS, BY REGION    108
TABLE 49    COMPOSITE RESIN MARKET SIZE IN RTM MANUFACTURING PROCESS,
BY REGION, 2019–2026 (KILOTON)    108
TABLE 50    COMPOSITE RESIN MARKET SIZE IN RTM MANUFACTURING PROCESS,
BY REGION, 2019–2026 (USD MILLION)    109
7.8    OTHERS    109
7.8.1    COMPOSITE RESIN MARKET IN OTHER MANUFACTURING PROCESSES,
BY REGION    109
TABLE 51    COMPOSITE RESIN MARKET SIZE IN OTHER MANUFACTURING PROCESSES, BY REGION, 2019–2026 (KILOTON)    109
TABLE 52    COMPOSITE RESIN MARKET SIZE IN OTHER MANUFACTURING PROCESSES, BY REGION, 2019–2026 (USD MILLION)    110
8    COMPOSITE RESIN MARKET, BY APPLICATION    111
8.1    INTRODUCTION    112
FIGURE 40    WIND ENERGY APPLICATION PROJECTED TO ACCOUNT FOR THE LARGEST SHARE IN THE GLOBAL COMPOSITE RESIN MARKET    112
8.2    COMPOSITE RESIN MARKET, BY APPLICATION    112
TABLE 53    COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)    112
TABLE 54    COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION)    113
8.3    CONSTRUCTION & INFRASTRUCTURE    113
8.3.1    APAC TO BE THE FASTEST-GROWING REGION IN THE CONSTRUCTION & INFRASTRUCTURE APPLICATION SEGMENT    113
FIGURE 41    APAC REGION TO LEAD THE CONSTRUCTION & INFRASTRUCTURE APPLICATION SEGMENT    114
8.3.2    COMPOSITE RESIN MARKET IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION    114
TABLE 55    COMPOSITE RESIN MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2019–2026 (KILOTON)    114
TABLE 56    COMPOSITE RESIN MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2019–2026 (USD MILLION)    115
8.4    TRANSPORTATION    115
8.4.1    INCREASING GROWTH OF AUTOMOTIVE & TRANSPORTATION INDUSTRY IN APAC TO PROPEL THE DEMAND FOR COMPOSITE RESIN    115
8.4.2    AUTOMOTIVE & HEAVY VEHICLES    115
8.4.3    RAILS    116
FIGURE 42    LATIN AMERICA TO BE THE SECOND-FASTEST-GROWING REGION IN THE TRANSPORTATION APPLICATION AFTER APAC    117
8.4.4    COMPOSITE RESIN MARKET IN TRANSPORTATION APPLICATION, BY REGION    117
TABLE 57    COMPOSITE RESIN MARKET SIZE IN TRANSPORTATION APPLICATION,
BY REGION, 2019–2026 (KILOTON)    117
TABLE 58    COMPOSITE RESIN MARKET SIZE IN TRANSPORTATION APPLICATION,
BY REGION, 2019–2026 (USD MILLION)    118
8.5    ELECTRICALS & ELECTRONICS    118
8.5.1    INCREASING USE OF COMPOSITES IN ELECTRICALS & ELECTRONICS SEGMENT TO DRIVE THE MARKET GROWTH OF COMPOSITE RESIN    118
FIGURE 43    APAC REGION TO HAVE THE LARGEST SHARE IN THE ELECTRICALS & ELECTRONICS APPLICATION SEGMENT    119
8.5.2    COMPOSITE RESIN MARKET IN ELECTRICALS & ELECTRONICS
APPLICATION, BY REGION    119
TABLE 59    COMPOSITE RESIN MARKET SIZE IN ELECTRICALS & ELECTRONICS APPLICATION, BY REGION, 2019–2026 (KILOTON)    119
TABLE 60    COMPOSITE RESIN MARKET SIZE IN ELECTRICALS & ELECTRONICS APPLICATION, BY REGION, 2019–2026 (USD MILLION)    119
8.6    PIPES & TANKS    120
8.6.1    LIGHTWEIGHT PROPERTIES OF COMPOSITES TO BOOST THE DEMAND FOR COMPOSITE RESINS IN THE PIPES & TANKS APPLICATION SEGMENT    120
FIGURE 44    PIPES & TANKS APPLICATION SEGMENT TO OBSERVE GROWTH IN APAC    121
8.6.2    COMPOSITE RESIN MARKET IN PIPES & TANKS APPLICATION, BY REGION    121
TABLE 61    COMPOSITE RESIN MARKET SIZE IN PIPES & TANKS APPLICATION,
BY REGION, 2019–2026 (KILOTON)    121
TABLE 62    COMPOSITE RESIN MARKET SIZE IN PIPES & TANKS APPLICATION,
BY REGION, 2019–2026 (USD MILLION)    121
8.7    WIND ENERGY    122
8.7.1    GROWING WIND ENERGY INDUSTRY TO AUGMENT THE DEMAND FOR COMPOSITE RESINS    122
FIGURE 45    APAC TO BE THE FASTEST-GROWING REGION IN THE WIND ENERGY APPLICATION SEGMENT    122
8.7.2    COMPOSITE RESIN MARKET IN WIND ENERGY APPLICATION, BY REGION    123
TABLE 63    COMPOSITE RESIN MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2019–2026 (KILOTON)    123
TABLE 64    COMPOSITE RESIN MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2019–2026 (USD MILLION)    123
8.8    MARINE    123
8.8.1    MARINE APPLICATION TO WITNESS RAPID GROWTH IN
THE COMPOSITE RESIN MARKET    123
FIGURE 46    MARINE APPLICATION SEGMENT TO WITNESS GROWTH IN THE APAC REGION    124
8.8.2    COMPOSITE RESIN MARKET IN MARINE APPLICATION, BY REGION    124
TABLE 65    COMPOSITE RESIN MARKET SIZE IN MARINE APPLICATION, BY REGION, 2019–2026 (KILOTON)    124
TABLE 66    COMPOSITE RESIN MARKET SIZE IN MARINE APPLICATION, BY REGION, 2019–2026 (USD MILLION)    125
8.9    AEROSPACE & DEFENSE    125
8.9.1    NORTH AMERICA TO HAVE THE LARGEST MARKET SIZE IN THE AEROSPACE & DEFENSE APPLICATION    125
FIGURE 47    NORTH AMERICA TO HAVE THE LARGEST SHARE IN THE AEROSPACE & DEFENSE APPLICATION SEGMENT    126
8.9.2    COMPOSITE RESIN MARKET IN AEROSPACE & DEFENSE APPLICATION,
BY REGION    126
TABLE 67    COMPOSITE RESIN MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2019–2026 (KILOTON)    126
TABLE 68    COMPOSITE RESIN MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2019–2026 (USD MILLION)    127
8.10    OTHER APPLICATIONS    127
8.10.1    APAC TO BE THE LEADING REGION IN THE OTHER APPLICATIONS OF COMPOSITE RESIN    127
8.10.2    COMPOSITE RESIN MARKET SIZE IN OTHER APPLICATIONS, BY REGION    128
TABLE 69    COMPOSITE RESIN MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2019–2026 (KILOTON)    128
TABLE 70    COMPOSITE RESIN MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2019–2026 (USD MILLION)    128
9    COMPOSITE RESIN MARKET, BY REGION    129
9.1    INTRODUCTION    130
FIGURE 48    CHINA TO BE THE FASTEST-GROWING COMPOSITE RESIN MARKET
DURING THE FORECAST PERIOD    130
TABLE 71    COMPOSITE RESIN MARKET SIZE, BY REGION, 2019–2026 (KILOTON)    131
TABLE 72    COMPOSITE RESIN MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)    131
9.2    NORTH AMERICA    132
FIGURE 49    NORTH AMERICA: COMPOSITE RESIN MARKET SNAPSHOT    132
9.2.1    NORTH AMERICA: COMPOSITE RESIN MARKET, BY RESIN TYPE    132
TABLE 73    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    132
TABLE 74    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    133
9.2.2    NORTH AMERICA: COMPOSITE RESIN MARKET,
BY MANUFACTURING PROCESS    133
TABLE 75    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE,
BY MANUFACTURING PROCESS, 2019–2026 (KILOTON)    133
TABLE 76    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE,
BY MANUFACTURING PROCESS, 2019–2026 (USD MILLION)    134
9.2.3    NORTH AMERICA: COMPOSITE RESIN MARKET, BY APPLICATION    134
TABLE 77    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON)    134
TABLE 78    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION)    135
9.2.4    NORTH AMERICA: COMPOSITE RESIN MARKET, BY COUNTRY    135
TABLE 79    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON)    135
TABLE 80    NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION)    136
9.2.4.1    US    136
9.2.4.1.1    Well-built ecosystem of wind energy sector is driving the demand for composite resins in the US    136
TABLE 81    US: NEW WIND ENERGY INSTALLATIONS, 2010–2019 (MW)    137
TABLE 82    US: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)    137
TABLE 83    US: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    137
9.2.4.2    Canada    138
9.2.4.2.1    Growing focus on construction & infrastructure in the country is driving the composite resins market    138
TABLE 84    CANADA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    138
TABLE 85    CANADA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    138
9.3    APAC    138
FIGURE 50    APAC: COMPOSITE RESIN MARKET SNAPSHOT    139
9.3.1    APAC: COMPOSITE RESIN MARKET, BY RESIN TYPE    140
TABLE 86    APAC: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    140
TABLE 87    APAC: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    140
9.3.2    APAC: COMPOSITE RESIN MARKET, BY MANUFACTURING PROCESS    140
TABLE 88    APAC: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (KILOTON)    140
TABLE 89    APAC: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (USD MILLION)    141
9.3.3    APAC: COMPOSITE RESIN MARKET, BY APPLICATION    141
TABLE 90    APAC: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON)    141
TABLE 91    APAC: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION)    142
9.3.4    APAC: COMPOSITE RESIN MARKET, BY COUNTRY    142
TABLE 92    APAC: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON)    142
TABLE 93    APAC: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION)    143
9.3.4.1    China    143
9.3.4.1.1    Largest composite resins market in APAC region    143
TABLE 94    CHINA: NEW WIND ENERGY INSTALLATIONS, 2010–2020 (MW)    144
TABLE 95    CHINA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    144
TABLE 96    CHINA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    144
9.3.4.2    Japan    145
9.3.4.2.1    Immense opportunities in construction & infrastructure, electrical & electronics, and automotive &
transportation sectors    145
TABLE 97    JAPAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    145
TABLE 98    JAPAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    145
9.3.4.3    India    146
9.3.4.3.1    Vast population making it the most promising market    146
TABLE 99    INDIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    146
TABLE 100    INDIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    146
9.3.4.4    Indonesia    147
9.3.4.4.1    Growing government initiative for manufacturing fuel-efficient vehicles to drive the market    147
TABLE 101    INDONESIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    147
TABLE 102    INDONESIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    147
9.3.4.5    Malaysia    147
9.3.4.5.1    Potential to become the regional hub for composite resins    147
TABLE 103    MALAYSIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    148
TABLE 104    MALAYSIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    148
9.3.4.6    Philippines    148
9.3.4.6.1    High growth potential in the wind energy sector    148
TABLE 105    PHILIPPINES: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    148
TABLE 106    PHILIPPINES: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION)    149

9.3.4.7    Pakistan    149
9.3.4.7.1    Growing penetration of composite technology in various end-use industries    149
TABLE 107    PAKISTAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    149
TABLE 108    PAKISTAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    149
9.3.4.8    Bangladesh    150
9.3.4.8.1    Increasing consumption of composite resins in the construction & infrastructure industry    150
TABLE 109    BANGLADESH: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    150
TABLE 110    BANGLADESH: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    150
9.3.4.9    Sri Lanka    150
9.3.4.9.1    Growing economy, coupled with increasing middle-class population, is propelling the growth of the market    150
TABLE 111    SRI LANKA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    151
TABLE 112    SRI LANKA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    151
9.3.4.10    Rest of APAC    151
TABLE 113    REST OF APAC: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    152
TABLE 114    REST OF APAC: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    152
9.4    EUROPE    152
FIGURE 51    EUROPE: COMPOSITE RESIN MARKET SNAPSHOT    153
9.4.1    EUROPE: COMPOSITE RESIN MARKET, BY RESIN TYPE    153
TABLE 115    EUROPE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    153
TABLE 116    EUROPE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    153
9.4.2    EUROPE: COMPOSITE RESIN MARKET, BY MANUFACTURING PROCESS    154
TABLE 117    EUROPE: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (KILOTON)    154
TABLE 118    EUROPE: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (USD MILLION)    154
9.4.3    EUROPE: COMPOSITE RESIN MARKET, BY APPLICATION    155
TABLE 119    EUROPE: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON)    155
TABLE 120    EUROPE: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION)    155
9.4.4    EUROPE: COMPOSITE RESIN MARKET, BY COUNTRY    156
TABLE 121    EUROPE: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON)    156
TABLE 122    EUROPE: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION)    156
9.4.4.1    Germany    157
9.4.4.1.1    Growing automotive industry to propel the market growth    157
TABLE 123    GERMANY: NEW WIND ENERGY INSTALLATIONS, 2010–2019 (MW)    157
TABLE 124    GERMANY: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    158
TABLE 125    GERMANY: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    158
9.4.4.2    France    158
9.4.4.2.1    Increasing demand for composite resins in aerospace applications to drive the market growth    158
TABLE 126    FRANCE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    158
TABLE 127    FRANCE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    159
9.4.4.3    UK    159
9.4.4.3.1    Transportation industry to boost the market growth    159
TABLE 128    UK: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)    159
TABLE 129    UK: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    159
9.4.4.4    Turkey    160
9.4.4.4.1    Wind energy applications to propel the market growth    160
TABLE 130    TURKEY: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    160
TABLE 131    TURKEY: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    160
9.4.4.5    Russia    161
9.4.4.5.1    Increasing aerospace applications to drive the
market growth    161
TABLE 132    RUSSIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    161
TABLE 133    RUSSIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    161
9.4.4.6    Rest of Europe    162
TABLE 134    REST OF EUROPE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    162
TABLE 135    REST OF EUROPE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    162
9.5    LATIN AMERICA    162
9.5.1    LATIN AMERICA: COMPOSITE RESIN MARKET, BY RESIN TYPE    163
TABLE 136    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    163
TABLE 137    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    163
9.5.2    LATIN AMERICA: COMPOSITE RESIN MARKET,
BY MANUFACTURING PROCESS    163
TABLE 138    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (KILOTON)    163
TABLE 139    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY MANUFACTURING PROCESS, 2019–2026 (USD MILLION)    164
9.5.3    LATIN AMERICA: COMPOSITE RESIN MARKET, BY APPLICATION    164
TABLE 140    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON)    164
TABLE 141    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION)    165
9.5.4    LATIN AMERICA: COMPOSITE RESIN MARKET, BY COUNTRY    165
TABLE 142    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON)    165
TABLE 143    LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION)    166
9.5.4.1    Brazil    166
9.5.4.1.1    Fastest developing market in Latin America    166
TABLE 144    BRAZIL: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    166
TABLE 145    BRAZIL: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    167
9.5.4.2    Mexico    167
9.5.4.2.1    Growing industrial framework to drive the market    167
TABLE 146    MEXICO: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    167
TABLE 147    MEXICO: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    167
9.5.4.3    Rest of Latin America    168
TABLE 148    REST OF LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)    168
TABLE 149    REST OF LATIN AMERICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION)    168
9.6    MIDDLE EAST & AFRICA    168
9.6.1    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET, BY RESIN TYPE    169
TABLE 150    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON)    169
TABLE 151    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION)    169
9.6.2    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET,
BY MANUFACTURING PROCESS    169
TABLE 152    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE,
BY MANUFACTURING PROCESS, 2019–2026 (KILOTON)    169
TABLE 153    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE,
BY MANUFACTURING PROCESS, 2019–2026 (USD MILLION)    170
9.6.3    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET, BY APPLICATION    170
TABLE 154    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON)    170
TABLE 155    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION)    171
9.6.4    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET, BY COUNTRY    171
TABLE 156    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON)    171
TABLE 157    MIDDLE EAST & AFRICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)    172
9.6.4.1    UAE    172
9.6.4.1.1    Growing spending on construction & infrastructure is driving the market    172
TABLE 158    UAE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    172
TABLE 159    UAE: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    173
9.6.4.2    Saudi Arabia    173
9.6.4.2.1    Largest composite resins market in the Middle East & Africa    173
TABLE 160    SAUDI ARABIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    173
TABLE 161    SAUDI ARABIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    173
9.6.4.3    South Africa    174
9.6.4.3.1    Fast-growing market in the Middle East & Africa    174
TABLE 162    SOUTH AFRICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    174
TABLE 163    SOUTH AFRICA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    174
9.6.4.4    Egypt    175
9.6.4.4.1    Lucrative growth in the construction &
infrastructure application    175
TABLE 164    EGYPT: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    175
TABLE 165    EGYPT: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    175
9.6.4.5    Nigeria    176
9.6.4.5.1    Significant demand for composite resins in the pipes & tanks application    176
TABLE 166    NIGERIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    176
TABLE 167    NIGERIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    176
9.6.4.6    Ethiopia    177
9.6.4.6.1    Country’s fast-growing and vibrant economy is
driving the market    177
TABLE 168    ETHIOPIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    177
TABLE 169    ETHIOPIA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    177
9.6.4.7    Kenya    177
9.6.4.7.1    Significant demand for composite resins in
construction application    177
TABLE 170    KENYA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    178
TABLE 171    KENYA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    178
9.6.4.8    Israel    178
9.6.4.8.1    Potential country for the composite resins market in the Middle East region    178
TABLE 172    ISRAEL: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    178
TABLE 173    ISRAEL: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    179
9.6.4.9    Jordan    179
9.6.4.9.1    Increasing penetration in pipes & tanks application to augment the market growth    179
TABLE 174    JORDAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    179
TABLE 175    JORDAN: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    179
9.6.4.10    Rest of MEA    180
TABLE 176    REST OF MEA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON)    180
TABLE 177    REST OF MEA: COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION)    180"
"10    COMPETITIVE LANDSCAPE    181
10.1    INTRODUCTION    181
10.2    MARKET SHARE ANALYSIS    181
FIGURE 52    SHARES OF TOP COMPANIES IN THE COMPOSITE RESIN MARKET    181
TABLE 178    DEGREE OF COMPETITION: FRAGMENTED    182
10.3    MARKET RANKING    182
FIGURE 53    RANKING OF TOP FIVE PLAYERS IN THE COMPOSITE RESIN MARKET    182
10.4    MARKET EVALUATION FRAMEWORK    183
TABLE 179    COMPOSITE RESIN MARKET: NEW PRODUCT LAUNCHES/
DEVELOPMENTS, 2016-2021    183
TABLE 180    COMPOSITE RESIN MARKET: OTHER DEALS, 2016-2021    184
10.5    REVENUE ANALYSIS OF TOP MARKET PLAYERS    189
10.6    COMPANY EVALUATION MATRIX    190
FIGURE 54    COMPANY PRODUCT FOOTPRINT    190
FIGURE 55    COMPANY APPLICATION FOOTPRINT    191
FIGURE 56    COMPANY RESIN TYPE FOOTPRINT    192
FIGURE 57    COMPANY REGION FOOTPRINT    193
10.6.1    STAR    193
10.6.2    PERVASIVE    193
10.6.3    PARTICIPANTS    193
10.6.4    EMERGING LEADERS    194
FIGURE 58    COMPOSITE RESIN MARKET (GLOBAL) COMPETITIVE
LEADERSHIP MAPPING, 2020    194
FIGURE 59    STRENGTH OF PRODUCT PORTFOLIO    195
FIGURE 60    BUSINESS STRATEGY EXCELLENCE    196
10.7    SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX    197
10.7.1    PROGRESSIVE COMPANIES    197
10.7.2    RESPONSIVE COMPANIES    197
10.7.3    DYNAMIC COMPANIES    197
10.7.4    STARTING BLOCKS    197
FIGURE 61    COMPOSITE RESIN MARKET: SMALL AND MEDIUM-SIZED
ENTERPRISES MAPPING, 2020    198
11    COMPANY PROFILES    199
(Business Overview, Products Offered, Recent Developments, Deals, and MnM View)*
11.1    KEY COMPANIES    199
11.1.1    HUNTSMAN INTERNATIONAL LLC    199
TABLE 181    HUNTSMAN INTERNATIONAL LLC: COMPANY OVERVIEW    199
FIGURE 62    HUNTSMAN INTERNATIONAL LLC: COMPANY SNAPSHOT    200
TABLE 182    HUNTSMAN INTERNATIONAL LLC: DEALS    203
11.1.2    HEXION, INC.    205
TABLE 183    HEXION, INC.: COMPANY OVERVIEW    205
FIGURE 63    HEXION, INC.: COMPANY SNAPSHOT    206
TABLE 184    HEXION, INC.: DEALS    207
11.1.3    THE DOW CHEMICAL COMPANY    208
TABLE 185    THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW    208
FIGURE 64    THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT    209
11.1.4    ASHLAND GLOBAL HOLDINGS, INC.    211
TABLE 186    ASHLAND GLOBAL HOLDINGS, INC.: COMPANY OVERVIEW    211
FIGURE 65    ASHLAND GLOBAL HOLDINGS, INC.: COMPANY SNAPSHOT    212
11.1.5    SUMITOMO BAKELITE CO., LTD.    214
TABLE 187    SUMITOMO BAKELITE CO., LTD.: COMPANY OVERVIEW    214
FIGURE 66    SUMITOMO BAKELITE CO., LTD.: COMPANY SNAPSHOT    215
11.1.6    SCHOTT BADER COMPANY LIMITED    217
TABLE 188    SCHOTT BADER COMPANY LIMITED: COMPANY OVERVIEW    217
FIGURE 67    SCHOTT BADER COMPANY LIMITED: COMPANY SNAPSHOT    218
11.1.7    ROYAL DSM N.V.    220
TABLE 189    ROYAL DSM N.V.: COMPANY OVERVIEW    220
11.1.8    BASF SE    223
TABLE 190    BASF SE: COMPANY OVERVIEW    223
FIGURE 69    BASF SE: COMPANY SNAPSHOT    224
11.1.9    KUKDO CHEMICAL CO., LTD.    227
TABLE 191    KUKDO CHEMICAL CO., LTD.: COMPANY OVERVIEW    227
FIGURE 70    KUKDO CHEMICAL CO., LTD.: COMPANY SNAPSHOT    227
11.1.10    POLYNT S.P.A    230
TABLE 192    POLYNT S.P.A: COMPANY OVERVIEW    230
FIGURE 71    POLYNT S.P.A: COMPANY SNAPSHOT    231
11.1.11    SABIC    234
TABLE 193    SABIC: COMPANY OVERVIEW    234
FIGURE 72    SABIC: COMPANY SNAPSHOT    235
11.1.12    ARKEMA    238
TABLE 194    ARKEMA: COMPANY OVERVIEW    238
FIGURE 73    ARKEMA: COMPANY SNAPSHOT    239
TABLE 195    ARKEMA: PRODUCT LAUNCHES    240
TABLE 196    ARKEMA: DEALS    240
11.1.13    EVONIK INDUSTRIES AG    243
TABLE 197    EVONIK INDUSTRIES AG: COMPANY OVERVIEW    243
FIGURE 74    EVONIK INDUSTRIES AG: COMPANY SNAPSHOT    244
TABLE 198    EVONIK INDUSTRIES AG: PRODUCT LAUNCHES    245
TABLE 199    EVONIK INDUSTRIES AG: DEALS    246
11.2    REGIONAL COMPANIES    249
11.2.1    POLIYA    249
TABLE 200    POLIYA: COMPANY OVERVIEW    249
11.2.2    ATUL LTD    252
TABLE 201    ATUL LTD: COMPANY OVERVIEW    252
FIGURE 75    ATUL LTD: COMPANY SNAPSHOT    253
11.2.3    ALLNEX COMPOSITES    256
TABLE 202    ALLNEX COMPOSITES: COMPANY OVERVIEW    256
TABLE 203    ALLNEX GMBH: PRODUCT LAUNCHES    260
TABLE 204    ALLNEX GMBH: DEALS    260
11.2.4    NAN YA PLASTICS CORPORATION    262
TABLE 205    NAN YA PLASTICS CORPORATION: COMPANY OVERVIEW    262
FIGURE 76    NAN YA PLASTICS CORPORATION: COMPANY SNAPSHOT    263
11.2.5    CHEMREX CORPORATION SDN. BHD.    266
TABLE 206    CHEMREX CORPORATION: COMPANY OVERVIEW    266
11.2.6    SHOWA DENKO K.K    268
TABLE 207    SHOWA DENKO K.K: COMPANY OVERVIEW    268
FIGURE 77    SHOWA DENKO K.K: COMPANY SNAPSHOT    269
TABLE 208    SHOWA DENKO K.K: PRODUCT LAUNCHES    270
TABLE 209    SHOWA DENKO K.K: DEALS    270
11.2.7    HITECH RESINS    272
TABLE 210    HITECH RESINS: COMPANY OVERVIEW    272
11.2.8    INDUSTRIAL CHEMICALS & RESINS CO.    274
TABLE 211    INDUSTRIAL CHEMICALS & RESINS CO.: COMPANY OVERVIEW    274
11.2.9    POLYCHEM MIDDLE EAST    277
TABLE 212    POLYCHEM MIDDLE EAST: COMPANY OVERVIEW    277
11.2.10    ORGI CHEMIE FZC LLC    279
TABLE 213    ORGI CHEMIE FZC LLC: COMPANY OVERVIEW    279
11.2.11    SAUDI INDUSTRIAL RESINS LIMITED    281
TABLE 214    SAUDI INDUSTRIAL RESINS LIMITED: COMPANY OVERVIEW    281
11.2.12    ETERNAL RESIN COMPANY LIMITED    283
TABLE 215    ETERNAL RESIN COMPANY LIMITED: COMPANY OVERVIEW    283
11.2.13    SHOWA HIGHPOLYMER SINGAPORE PTE LTD    285
TABLE 216    SHOWA HIGHPOLYMER SINGAPORE: COMPANY OVERVIEW    285
11.2.14    SWANCOR HOLDINGS CO., LTD    287
TABLE 217    SWANCOR HOLDINGS CO., LTD: COMPANY OVERVIEW    287
FIGURE 78    SWANCOR HOLDINGS CO., LTD: COMPANY SNAPSHOT    288
11.2.15    LUXCHEM POLYMER INDUSTRIES SDN BHD    293
TABLE 218    LUXCHEM POLYMER INDUSTRIES SDN BHD: COMPANY OVERVIEW    293
11.2.16    SYNRESINS LIMITED    294
TABLE 219    SYNRESINS LIMITED: COMPANY OVERVIEW    294
11.2.17    SINO POLYMER CO., LTD.    295
TABLE 220    SINO POLYMER CO., LTD.: COMPANY OVERVIEW    295
11.2.18    NCS RESINS (PTY) LTD    298
TABLE 221    NCS RESINS (PTY) LTD: COMPANY OVERVIEW    298
11.2.19    EAGLE CHEMICALS    300
TABLE 222    EAGLE CHEMICALS: COMPANY OVERVIEW    300
11.2.20    NIMIR RESINS LIMITED    303
TABLE 223    NIMIR RESINS LIMITED: COMPANY OVERVIEW    303
FIGURE 79    NIMIR RESINS LIMITED: COMPANY SNAPSHOT    304
* Business Overview, Products Offered, Recent Developments, Deals, and MnM View might not be captured in case of unlisted companies.
12    APPENDIX    306
12.1    DISCUSSION GUIDE    306
12.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    309
12.3    AVAILABLE CUSTOMIZATIONS    311
12.4    RELATED REPORTS    311
12.5    AUTHOR DETAILS    312"