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全球多功能树脂市场2023-2030Global Multifunctional Resins Market 2023-2030 |
预计在预测期(2023-2030年),全球多功能树脂市场将以5.6%的CAGR成长。多功能树脂是一类含有多个官能基的树脂。官能基是可以与其他分子形成键结的反应基团。汽车、航空航太和建筑等各行业对轻质耐用材料的需求不断增长。与传统材料相比,多种树脂具有许多优点,例如高强度重量比、耐腐蚀性和耐用性。这使得它们非常适合广泛的应用。这是市场的主要驱动力之一。对轻质耐用材料的需求不断增长是多种树脂市场成长的重要动力。这种需求源自于各个产业,包括汽车、航空航太、建筑和电子。
汽车产业体现了对轻质耐用材料的迫切需求,推动了多种树脂市场的成长。福特野马 Mach-E 电动 SUV 的开发就是一个典型的例子,它广泛采用多种树脂来实现轻质结构和增强的性能。该车的车身面板、内饰和电池外壳均采用多种树脂增强的轻质复合材料製成,从而显着减轻了车辆重量并提高了续航里程。此外,这些树脂具有高强度、耐用性和耐腐蚀性,确保车辆结构和零件的完整性。
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.