Global Ionomer Resin Market Analysis, 2024-2030

Ionomers are translucent thermoplastic elastomers components with glass-like clarity that includes of both electrically neutral and ionized groups that are together or separately used along the polymer backbone. The content of ion is usually not more than 10 to 15% therefore most of the ionomers are insoluble or only partially soluble in water. At low temperatures they act like cross-linked polymers (elastomers) and at aloft temperatures like ordinary thermoplastics. The global ionomer resin market is anticipated to witness superlative growth in the forthcoming period. Ionomer is an outstanding packaging resolution in line with qualities of reliability, cost-effectiveness and wide-ranging innovations. Ionomer resins are eminent for clarity, toughness and versatility. For e.g., Surlyn resins by the Du Pont Company. These resins, like PE, do not develop high-strength adherent bonds.

By far most used ionomer is ethylene acrylic acid copolymer (EAA). It is regularly utilized as a tie-layer or adhesive resin which possess excellent adhesion properties to aluminum and other polar components. Other essential uses include coatings, inks, surface coating films for golf balls, packaging of food, in sports equipment, and over molded bottles used by the cosmetics industry.

The global ionomer resin market report shows insights about the current market state by conducting the secondary and primary research for over 301 hours. In accordance to the report, the global ionomer resin market is expanding its global footprint in a swift note. The global ionomer resin market is valued at US $ xxx billion dollars in 2018. This market is anticipated to grow at a rate of xx% annually and expected to reach a striking US $ xxx billion dollars in value by the end of 2023.

The driving factors for ionomer packaging comprises low-packaging sealing, excellent hot tack strength and does not bore effortlessly. Ancillary growth factors contain their suitability for assembly line packaging, rigorous contamination sealant and do away with leaking. The ionomer packaging solution is exemplary for packaging medical devices and is a scratch-free, clear and well-formed substitute to blister and clamshell packaging.

Although prospects are good, ionic self-healing materials are not perfect. In most cases, due to a high requirement for energy, the real self-healing processes of ionomers are only personified in some minority tests like ballistic puncture. There are hardly self-healing systems that can be used in a normal environment. So, it will terminate their applications.

North American regions have controlled the market in 2016, accounting for highest share, and is expected to prolong this trend throughout the estimated period. However, the Asian-Pacific region are projected to register the elevated growth rate from 2017 to 2023.

The key players in the global ionomer resin market are DuPont's Surlyn, Exxon Chemical Company, VOCO GmbH, 3M Dental, IONOMR, Ultradent Products In, Vitrebond, and Ketac.

Our Approach

The research procedure starts with the division of the various market segments of the global ionomer resin market which is coupled with the growth factors identification of every segment and followed by market forecasts. The market forecasts are done based on the insights presented by the industry experts across the global ionomer resin industry value chain. Market Krystal dedicated more than 40 hours of interview for this stud, the fine points of the same are stated below:

By company type:

Manufacturers (30%), Suppliers (35%), Consumers (25%), Researchers (5%), Independent industry consultant (5%)

By geography:

North America (40%), Asia (25%), Europe (35%)

By designation:

Top level (35%), Operation level (45%), Mid-level (20%)

Contents of the report:

• Insights on the global ionomer resin industry dynamics
• Estimation of the present global ionomer resin market size in terms of value and volume
• Global ionomer resin market breakup based on product type (EAA copolymer, PFSA ionomer, others), application (food packaging, golf ball covers, cosmetic packaging, medical device packaging), and geography (North America, Europe, Asia-Pacific, Middle East, Africa, Latin America)
• Substantiated global ionomer resin market forecast for the next five years
• In depth study of the key companies working across different nodes of global ionomer resin industry value chain