A comprehensive analysis of the Hydroxy Functional Resins Market including market sizing, market share by competitor, market share by distribution channel, drivers, restraints, product pricing trends, industry quotations, company profiles and market forecasts to 2024 for global market. Hydroxy Functional Resins market report provides investors, analysts, researchers, business executives and others with analyses and forecasts for the Hydroxy Functional Resins market, including Hydroxy Functional Resins production, revenues, competitor’s marketing strategy and global product selling prices up to 2022.
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About Hydroxy Functional Resins Industry
Hydroxy functional resins refer to resins with hydroxy group connected on the molecular chain. After reaction with crosslinking agents like Melamine, the hydroxy functional resins possess good performance of chemical resistance and physical properties, making it advantageous to be used for automotive, aerospace, furniture industry, etc. The most commonly used hydroxy functional resins are hydroxyl acrylic resin and hydroxyl polyester resin. In our report, the range of statistics is for the above types.
Until 2015, China overall was the dominant producer and exporter of hydroxy functional resins, following by Europe and North America. In 2015, the world production of hydroxy functional resins reached 439 K MT. Leading players in hydroxy functional resins industry are BASF, Dow, Arkema, Evonik, Gellner Industrial, Allnex, Elementis, etc.
Hydroxy functional resins is a fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. In 2015, the top four producers account for 27.56% of the market. Generally, the companies in this industry can be classified as three kinds: leading global general coating suppliers like BASF and Arkema; leading chemical suppliers with a rich portfolio of products like Dow and Evonik; Specialized coating material suppliers that produce advanced products like Gellner Industrial. Comparatively, leading chemical suppliers and general coating suppliers enjoys lower manufacture cost than other suppliers, making it more advantageous in price, while specialized coating material suppliers has close connect with direct downstream users, which makes it advantageous in customer relationship and technical level.
The materials of hydroxy functional resins can be classified as monomer and hydroxyl functional groups. The commonly used monomer and hydroxyl functional groups are Methyl methacrylate, Styrene and Hydroxyethyl methacrylate. Also, in the production of hydroxy functional resins used for amino baking paint, the product is premixed with crosslinking agent and solvent when sold on the market, even though they are not real raw material.
The largest consumption area of hydroxy functional resins is metallic coating, which accounted for 74.49% of world hydroxy functional resins consumption in 2015. Hydroxy functional resin has also been founded widely used for plastic coating and glass coating. Generally speaking, automotive is considered as the most important application of hydroxy functional resins in terms of terminal use.
The worldwide market for Hydroxy Functional Resins is expected to grow at a CAGR of roughly 3.4% over the next five years, will reach 1550 million US$ in 2024, from 1260 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Hydroxy Functional Resins in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Hydroxy Functional Resins market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Hydroxy Functional Resins market are:–
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Important application areas of Hydroxy Functional Resins are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Hydroxy Functional Resins market. The market study on Global Hydroxy Functional Resins Market 2018 report studies present as well as future aspects of the Hydroxy Functional Resins Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
Application of Hydroxy Functional Resins Market are:
Product Segment Analysis of the Hydroxy Functional Resins Market is:
Hydroxyl acrylic resin
Hydroxyl polyester resin
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This research report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, Value, production, capacity, capability utilization, supply, and demand and industry growth rate.
Geographically this report covers all the major manufacturers from India, China, USA, UK, and Japan. The present, past and forecast overview of Hydroxy Functional Resins market is represented in this report.
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Manufacturing Analysis Hydroxy Functional Resins Market
Manufacturing process for the Hydroxy Functional Resins is studied in this section. It includes through analysis of Key Raw Materials, Key Suppliers of Raw Materials, Price Trend of Key Raw Materials, cost of Raw Materials & Labor Cost, Manufacturing Process Analysis of Hydroxy Functional Resins market
Marketing Strategy Analysis, Distributors/Traders Analysis of Hydroxy Functional Resins Market
Various marketing channels like direct and indirect marketing are portrayed in Hydroxy Functional Resins market report. Important marketing strategical data , Marketing Channel Development Trend, , Pricing Strategy, Market Positioning, Target Client Brand Strategy and Distributors/Traders List
In this study, the years considered to estimate the market size of Hydroxy Functional Resins Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
No Of Pages in Hydroxy Functional Resins Market Report: 124
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Hydroxy Functional Resins market reports deliver insight and expert analysis into key consumer trends and behaviour in marketplace, in addition to an overview of the market data and key brands. Hydroxy Functional Resins market reports provides all data with easily digestible information to guide every businessman’s future innovation and move business forward.