Corrosion Resistant Resin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

1. Corrosion Resistant Resin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 Resin is highly viscous or solid substance which can be natural or of synthetic origin. Corrosion resistance resins are mainly formulated as isophthalic, vinyl ester, and terephthalic resins to impart desired property of corrosion resistance. They have application in oil & gas, automotive, and marine industries However, corrosion is major challenges faced by manufactures operating in these industries, as it leads to high monetary and property losses across the aforementioned industries. Corrosion resistant resin are gaining traction in these industries, owing to their properties such as resistance to solvents, chemicals, moisture, and high temperature. They have a wide range of application in manufacturing of glass containers, stainless steel, and painted steel. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/323 Corrosion Resistant Resin Market Outlook - Increasing Focus on Cutting Losses due to Corrosion Expected to Propel Market Growth Asia Pacific is expected to be the most potential market for growth of corrosion resistant resin manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. Rapidly increasing industrialization, GDP growth, and demand for improved and modern infrastructure in the region is expected to fuel the demand for corrosion resistant resins in the region, which in turn is propelling growth of the corrosion resistant resin market. According to India Brand Equity Foundation (IBEF)—a trust by the Department of Commerce, Ministry of Commerce and Industry,

2. Government of India—Indian construction Industry is projected to be valued at US$ 5 billion, creating a highly conducive environment for growth of the market. Moreover, increasing investments in industries such as infrastructure and transportation in emerging economies such as India is expected to boost growth of corrosion resistant resin market. China is leading the market, owing to deep-rooted industrial base. Middle East and Africa are emerging markets for the corrosion resistant resins due to increasing application in oil & gas industry. Europe and North America are expected to exhibit relatively slower growth in market over the forecast period. However, fluctuating prices of raw material is restraining growth of corrosion resistant resin market over the forecast period. This is mainly due raw materials used for manufacturing corrosion resistant resins comprise majority of petroleum products, which are expensive. Some of the companies operating in the global corrosion resistant resin industry include Reichhold Inc., Huntsman Corporation, Olin Corporation, Scott Bader Company Limited, Ashland Inc., Aditya Birla Chemicals, and Polynt Composites Inc. For More Information: ​http://bit.ly/2MjrBfv About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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