Specialty Resins Market Size, Share & Trends Analysis Report By Application (Building & Construction, Water Treatment, Marine, Electrical & Electronics, Automotive, Aerospace, Others), By Type, By Function, By Region And Segment Forecasts, 2022 - 2030

Specialty Resins Market Size, Share & Trends Analysis Report By Application (Building & Construction, Water Treatment, Marine, Electrical & Electronics, Automotive, Aerospace, Others), By Type, By Function, By Region And Segment Forecasts, 2022 - 2030

Specialty Resins Market Growth & Trends

The global specialty resins market size is expected to reach USD 12.6 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.3% over the forecast period. Special resins are used to produce composite materials that are widely used in load-bearing structures applications such as building & construction, marine, automotive, and aerospace owing to their properties such as super adhesiveness, high mechanical properties, and others. The demand for high-performance specialty resins is expected to witness growth from the commercial aeroplane industry as well as emerging opportunities in various applications such as water treatment and electrical & electronics.

However, the relatively high cost and labor intensity of producing advanced composites is expected to prevent these composites from penetrating into high-volume, high-price markets. Growing demand for composites from the automotive and aerospace industries, especially in Europe and North America, is expected to remain a key driver of the market. Rising fuel prices, combined with the booming commercial aviation industry, are expected to drive demand for the product in the ensuing years.

The building and construction applications segment is expected to experience significant growth. In construction, specialty resins are used as sealants, hardeners, mortars, mortars, and laminates for walls, roofs, and decking. Properties such as excellent cleaning material, low curing shrinkage, chemical resistance, low water permeability, good mechanical properties, and excellent adhesion, among other things, are predicted to drive the use of specialty resins in construction.

Growing demand in the construction industry is predicted to drive growth in the market during the forecast period. Construction is a broad industry that includes everything from mining, quarrying, and forestry to infrastructure and building construction, product manufacturing and supply, and repair, maintenance, and disposal. Specialty resin is used in the production of plastics, paints, coatings, flooring, plastics, primers and sealants, adhesives, and other building materials and components. For example, according to construction industry statistics, in 2021, the US construction sector generated $1.6 trillion in sales. The average US construction industry spends nearly $1,245 billion a year. In addition, rising awareness among the masses about the benefits of green buildings is further anticipated to fuel the growth of the construction industry globally. This, in turn, is projected to lead to a risen demand for specialty resins in construction applications over the forecast period.

Specialty Resins Market Report Highlights

  • In terms of revenue, building & construction application segment accounted for a prominent share of more than 37.0% in the market in 2021 and is further expected to witness prominent growth over the forecast period.
  • Electrical & Electronics application segment is projected to progress at a CAGR of 7.3% during the forecast period. Properties such as low shrinkage, less exothermicity during the curing process, excellent mechanical and electrical insulating properties, and increased toughness fuel the demand for specialty resins for use in electrical & electronics applications.
  • As of 2021, Asia Pacific region accounted for more than 61.0%. The growing number of manufacturing facilities is boosting construction activities in the region, which, in turn, is anticipated to propel the demand for specialty resins over the forecast period.
  • Strategic partnerships & agreements, capacity expansions, and new product developments are the popular strategies adopted by most market players. For instance, in September 2021, Polytek Development Corp. a portfolio company of Arsenal Capital Partners which is one of the leading specialized producers of polymers for mold forming, coating, and casting applications, acquired the Specialty Resin & Chemical.
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Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.1.1 Product
1.1.2 Application
1.1.3 Biomaterial
1.1.4 End Use
1.1.5 Regional Scope
1.1.6 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis (Model 2)
1.6.2.1 Approach 2: Volume price analysis
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Vagus Nerve Stimulation Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 List Of Key End-Users
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.2. Increasing Incidences Of Neurological Diseases Such As Migraine And Epilepsy
3.3.2.1 Technological Advancement In Devices
3.3.2.2 External Funding For Research And Development Activities
3.3.3 Market Restraints Analysis
3.3.3.1 Complex Regulatory Framework
3.3.3.2 Device-Related Technical Failures And Complications
3.4 Vagus Nerve Stimulation: Market Analysis Tools
3.4.1 Industry Analysis - Porter’s
3.4.2 Pestle Analysis
3.4.3 Major Deals And Strategic Alliances
3.4.3.1 New Product Launch
3.4.3.2 Acquisition
3.4.3.3 Partnerships
3.4.4 Market Entry Strategies
Chapter 4 Vagus Nerve Stimulation Market: Segment Analysis, By Product, 2018 - 2030 (USD Million)
4.1 Definition and Scope
4.2 Product Market Share Analysis, 2022 & 2030
4.3 Segment Dashboard
4.4 Global Vagus Nerve Stimulation Market, by Product, 2018 to 2030
4.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.5.1 Implantable Vns Device
4.5.1.1 Implantable Vns Device Market, 2018 - 2030 (USD Million)
4.5.2 External Vns Device
4.5.2.1 External VNS device market, 2018 - 2030 (USD Million)
Chapter 5 Vagus Nerve Stimulation Market: Segment Analysis, By Application, 2018 - 2030 (USD Million)
5.1 Definition and Scope
5.2 Application Market Share Analysis, 2022 & 2030
5.3 Segment Dashboard
5.4 Global Vagus Nerve Stimulation Market, by Application, 2018 to 2030
5.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.5.1 Epilepsy
5.5.1.1 Epilepsy Market, 2018 - 2030 (USD Million)
5.5.2 Depression
5.5.2.1 Depression Market, 2018 - 2030 (USD Million)
5.5.3 Migraine
5.5.3.1 Migraine market, 2018 - 2030 (USD Million)
Chapter 6 Vagus Nerve Stimulation Market: Segment Analysis, By Biomaterial, 2018 - 2030 (USD Million)
6.1 Definition and Scope
6.2 Biomaterial Market Share Analysis, 2022 & 2030
6.3 Segment Dashboard
6.4 Global Vagus Nerve Stimulation Market, by Biomaterial, 2018 to 2030
6.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.5.1 Metallic
6.5.1.1 Metallic Market, 2018 - 2030 (USD Million)
6.5.2 Ceramics
6.5.2.1 Ceramics Market, 2018 - 2030 (USD Million)
6.5.3 Polymeric
6.5.3.1 Polymeric market, 2018 - 2030 (USD Million)
Chapter 7 Vagus Nerve Stimulation Market: Segment Analysis, By End Use, 2018 - 2030 (USD Million)
7.1 Definition and Scope
7.2 End Use Market Share Analysis, 2022 & 2030
7.3 Segment Dashboard
7.4 Global Vagus Nerve Stimulation Market, by End Use, 2018 to 2030
7.4.1 Hospitals
7.4.1.1 Hospitals Market, 2018 - 2030 (USD Million)
7.4.2 Neurology Clinics
7.4.2.1 Neurology Clinics Market, 2018 - 2030 (USD Million)
7.4.3 Ambulatory Surgical Centers
7.4.3.1 Ambulatory Surgical Centers Market, 2018 - 2030 (USD Million)
7.4.4 Research Centers
7.4.4.1 Research centers market, 2018 - 2030 (USD Million)
Chapter 8 Vagus Nerve Stimulation Market: Regional Market Analysis, By Product, Application, End Use, 2018 - 2030 (USD Million)
8.1 Definition & Scope
8.2 Regional Market Share Analysis, 2022 & 2030
8.3 Regional Market Snapshot
8.4 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2030
8.5 North America
8.5.1 North America Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.5.2 U.S.
8.5.2.1 U.S. Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.5.3 Canada
8.5.3.1 Canada Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6 Europe
8.6.1 Europe Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.2 U.K.
8.6.2.1 U.K. Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.3 Germany
8.6.3.1 Germany Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.4 France
8.6.4.1 France Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.5 Italy
8.6.5.1 Italy Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.6 Spain
8.6.6.1 Spain Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.7 Denmark
8.6.8.1 Denmark Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.8 Sweden
8.6.8.1 Sweden Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.6.9 Norway
8.6.9.1 Norway Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7 Asia Pacific
8.7.1 Asia Pacific Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.2 Japan
8.7.2.1 Japan Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.3 China (Mainland)
8.7.3.1 China (Mainland) Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.4 India
8.7.4.1 India Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.5 Australia
8.7.5.1 Australia Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.6 South Korea
8.7.6.1 South Korea Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.7.7 Thailand
8.7.8.1 Thailand Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.8 Latin America
8.8.1 Latin America Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.8.2 Brazil
8.8.2.1 Brazil Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.8.3 Mexico
8.8.3.1 Mexico Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.8.4 Argentina
8.8.4.1 Argentina Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.8.5 Colombia
8.8.5.1 Colombia Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.9 Mea
8.9.1 Mea Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.9.2 South Africa
8.9.2.1 South Africa Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.9.3 Saudi Arabia
8.9.3.1 Saudi Arabia Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.9.4 Uae
8.9.4.1 Uae Vagus Nerve Stimulation Market, 2018 - 2030 (USD Million)
8.9.5 Kuwait
8.9.5.1 Kuwait vagus nerve stimulation market, 2018 - 2030 (USD Million)
Chapter 9 Vagus Nerve Stimulation Market - Competitive Analysis
9.1 Recent Developments and Impact Analysis, By Key Market Participants
9.1.1 ANSOFF MATRIX
9.2 Company Categorization
9.2.1 Innovators
9.2.2 Market Leaders
9.3 Vendor Landscape
9.3.1 List Of Key Distributors And Channel Partners
9.3.2 Key Customers
9.3.3 Key Company Market Share Analysis, 2022
9.4 Public Companies
9.4.1 Company Market Position Analysis
9.4.2 Competitive Dashboard Analysis
9.4.2.1 Market Differentiators
9.5 Private Companies
9.5.1 List Of Key Emerging Companies
9.5.2 Regional Network Map
9.5.3 Company Market Position Analysis
9.6 Company Profiles
9.6.1 LIVANOVA PLC
9.6.1.1 Company Overview
9.6.1.2 Finacial Performance
9.6.1.3 Product/Service Benchmarking
9.6.1.4 Strategic Initiatives
9.6.2 MICROTRANSPONDER, INC.
9.6.2.1 Company overview
9.6.2.2 Product/Service benchmarking
9.6.3 PARASYM
9.6.3.1 Company overview
9.6.3.2 Product/Service benchmarking
9.6.4 ELECTROCORE
9.6.4.1 Company overview
9.6.4.2 Product/ benchmarking

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