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Corrosion Resistant Resin Market by Type (Epoxy, Polyester), Application (Coatings, Composites), End-Use Industry (Oil & gas, Heavy industries, Automotive & transportation) - Global Trends & Forecasts to 2026

Corrosion Resistant Resin Market by Type (Epoxy, Polyester), Application (Coatings, Composites), End-Use Industry (Oil & gas, Heavy industries, Automotive & transportation) - Global Trends & Forecasts to 2026

“Increase in demand for corrosion resistant resins from varied industries and ongoing infrastructure modernization programs expected to drive the corrosion resistant resins (CRR) market during the forecast period”

The corrosion resistant resin (CRR) market is projected to grow at a CAGR of 5.7% during the long-term forecast period to reach USD 12.56 billion by 2026. The growth of this market can be attributed to increasing losses due to corrosion in structures, equipment, and machineries. Another factor driving the growth of the CRR market is the growth of end-use industries, such as infrastructure, oil & gas, marine, automotive & transportation. However, factors such as fluctuating raw material cost is restraining the growth of the CRR market. Most of the raw materials used in the production of CRR are petroleum products. The prices of these raw materials have been highly volatile in recent times, touching a five-year low, affected the growth of the market.


“Epoxy segment to lead the CRR market, in terms of value and volume”
Epoxy is a widely used material for coatings and composites applications. Epoxy is being used increasingly owing to its excellent properties, such as corrosion resistance, low cost, and easy application. Epoxy is expected to lead the CRR market during the forecast period. The epoxy segment in the Asia-Pacific region is estimated to grow at the highest CAGR during forecast period.

“Based on end-use industry, the oil & gas segment is projected to grow at the highest rate during the forecast period.”
Oil & gas end-use industry uses CRR on a large scale. Monetary losses due to corrosion can be high. Therefore, CRR is being used in the form of coatings and composites in various end-use industries, such as heavy industries, marine, oil & gas, and others. Coating is one of the traditional and economic ways to protect assets from corrosion. However, with modernization of infrastructure, the demand for composites is also increasing. Major factors driving the use of CRR is the demand from end-use industries, especially oil & gas, and automotive & transportation.

This market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally.

These primary sources have been divided under three categories:
By Company Type- Tier 1- 25%, Tier 2- 50%, and Tier 3- 25%
By Designation- C Level- 20%, Director Level- 30%, and Others- 50%
By Region- North America- 20%, Europe- 30%, Asia-Pacific- 25%, South America-15%, and Middle East and Africa- 10%

“Asia-Pacific to lead the CRR market during the forecast period”
China is the biggest market in the world for CRR owing to its well-established industrial base. Saturation in North American and European markets is expected to affect the demand for corrosion resistant resins in the region during the forecast period.

The report provides company profiles and competitive strategies adopted by major market players, such as Ashland Inc. (U.S.), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), Reichhold LLC (U.S.), among others.

RESEARCH COVERAGE
In the report, the CRR market has been segmented on the basis of type, application, end-use industry, and region. The objective of the study is to define, describe, and forecast the global CRR market on the basis of various segmentations, and to strategically analyze the market segments with respect to individual growth trends, future prospects, and contribution to the total market.

REASONS TO BUY THE REPORT
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the CRR market comprehensively and provides closest approximations for all market segments and subsegments across different verticals and regions.
2. This report will help stakeholders to understand their competitors better and gain more insight about the business. The competitive landscape section includes investment & expansion, new product developments, partnerships & agreements & collaborations, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
    • LIMITATIONS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN GLOBAL CRR MARKET
    • CRR MARKET - FASTEST GROWING APPLICATION
    • CRR MARKET SHARE, BY REGION
    • CRR MARKET SHARE, BY END-USE INDUSTRY AND BY REGION
    • CRR MARKET, BY END-USE INDUSTRIES, 2014-2021
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY TYPE
      • BY END-USE INDUSTRIES
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • CRR RAW MATERIAL MANUFACTURERS
      • CRR MATERIAL MANUFACTURERS
      • CRR END APPLICATION USERS
      • CRR END INDUSTRY USERS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT FROM NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • COST STRUCTURE ANALYSIS
      • Table CORROSION RESISTANT RESIN - COST STRUCTURE
  • CORROSION RESISTANT RESIN MARKET, BY APPLICATION
    • INTRODUCTION
      • Table CORROSION RESISTANT RESIN MARKET SIZE, BY APPLICATION, 2014-2026 ( KILOTON)
      • Table CORROSION RESISTANT RESIN MARKET SIZE, BY APPLICATION, 2014-2026 ( USD MILLION)
    • COATINGS
    • COMPOSITES
    • OTHERS
  • CORROSION RESISTANT RESIN MARKET, BY TYPE
    • INTRODUCTION
      • Table CRR MARKET SIZE, BY TYPE, 2014-2026 (KILOTON)
      • Table CRR MARKET SIZE, BY TYPE, 2014-2026 (USD MILLION)
    • EPOXY
    • POLYESTER
    • POLYURETHANE
    • VINYL ESTER
    • OTHERS
  • CORROSION RESISTANT RESIN MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
    • OIL & GAS
    • HEAVY INDUSTRIES
    • AUTOMOTIVE & TRANSPORTATION
    • INFRASTRUCTURE
    • MARINE
    • OTHERS
  • CRR MARKET, BY REGION
    • INTRODUCTION
      • Table CRR MARKET SIZE, BY REGION, 2014-2026 (USD MILLION)
      • Table CRR MARKET SIZE, BY REGION, 2013-2026 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (USD MILLION)
      • Table NORTH AMERICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (KILOTON)
      • Table NORTH AMERICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table NORTH AMERICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • U.S.
        • Table U.S.: ECONOMIC OUTLOOK (2015)
        • Table U.S.: CRR MARKET SIZE, BY END-USE INDUSTRIES, 2014-2026 (USD MILLION)
        • Table U.S.: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • CANADA
        • Table CANADA : ECONOMIC OUTLOOK (2015)
        • Table CANADA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (USD MILLION)
        • Table CANADA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2013-2020 (KILOTONS)
      • MEXICO
        • Table MEXICO: ECONOMIC OUTLOOK (2015)
        • Table MEXICO: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table MEXICO: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
    • EUROPE
      • Table EUROPE: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (USD MILLION)
      • Table EUROPE: CRR MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTON)
      • Table EUROPE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table EUROPE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • GERMANY
        • Table GERMANY: ECONOMIC OUTLOOK (2015)
        • Table GERMANY: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table GERMANY : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • U.K.
        • Table U.K.: ECONOMIC OUTLOOK (2015)
        • Table U.K.: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table U.K.: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • NETHERLANDS
        • Table NETHERLANDS: ECONOMIC OUTLOOK (2015)
        • Table THE NETHERLANDS: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table THE NETHERLANDS: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • FRANCE
        • Table FRANCE: ECONOMIC OUTLOOK (2015)
        • Table FRANCE : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table FRANCE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • RUSSIA
        • Table RUSSIA: ECONOMIC OUTLOOK (2015)
        • Table RUSSIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table RUSSIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • ITALY
        • Table ITALY: ECONOMIC OUTLOOK (2015)
        • Table ITALY: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table ITALY: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • REST OF EUROPE
        • Table REST OF EUROPE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table REST OF EUROPE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (USD MILLION)
      • Table ASIA-PACIFIC: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (KILOTON)
      • Table ASIA-PACIFIC: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table ASIA-PACIFIC: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • CHINA
        • Table CHINA: ECONOMIC OUTLOOK (2015)
        • Table CHINA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table CHINA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • JAPAN
        • Table JAPAN: ECONOMIC OUTLOOK (2015)
        • Table JAPAN: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table JAPAN: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • INDIA
        • Table INDIA: ECONOMIC OUTLOOK (2015)
        • Table INDIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table INDIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • SOUTH KOREA
        • Table SOUTH KOREA: ECONOMIC OUTLOOK (2015)
        • Table SOUTH KOREA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table SOUTH KOREA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • AUSTRALIA
        • Table AUSTRALIA: ECONOMIC OUTLOOK (2015)
        • Table AUSTRALIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table AUSTRALIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • INDONESIA
        • Table INDONESIA: ECONOMIC OUTLOOK (2015)
        • Table INDONESIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table INDONESIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • TAIWAN
        • Table TAIWAN: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table TAIWAN: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (USD MILLION)
      • Table SOUTH AMERICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (KILOTON)
      • Table SOUTH AMERICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table SOUTH AMERICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • BRAZIL
        • Table BRAZIL: ECONOMIC OUTLOOK (2015)
        • Table BRAZIL : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table BRAZIL : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • ARGENTINA
        • Table ARGENTINA: ECONOMIC OUTLOOK (2015)
        • Table ARGENTINA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table ARGENTINA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table REST OF SOUTH AMERICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CRR MARKET SIZE, BY COUNTRY, 2014-2026 (KILOTON)
      • Table MIDDLE EAST AND AFRICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • TURKEY
        • Table TURKEY: ECONOMIC OUTLOOK (2015)
        • Table TURKEY : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table TURKEY: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • UAE
        • Table UAE: ECONOMIC OUTLOOK (2015)
        • Table UAE : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table UAE: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • SAUDI ARABIA
        • Table SAUDI ARABIA : ECONOMIC OUTLOOK (2015)
        • Table SAUDI ARABIA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table SAUDI ARABIA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • SOUTH AFRICA
        • Table SOUTH AFRICA : ECONOMIC OUTLOOK (2015)
        • Table SOUTH AFRICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table SOUTH AFRICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • EGYPT
        • Table EGYPT: ECONOMIC OUTLOOK (2015)
        • Table EGYPT : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table EYGPT: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST AND AFRICA : CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (USD MILLION)
        • Table REST OF MIDDLE EAST AND AFRICA: CRR MARKET SIZE, BY END-USE INDUSTRY, 2014-2026 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATION & TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2016
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2012-2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2016
      • PARTNERSHIPS & AGREEMENTS & COLLABORATION
        • Table PARTNERSHIPS & AGREEMENTS & COLLABORATION, 2012-2016
  • COMPANY PROFILES
    • ASHLAND INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • OILN CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HEXION INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • SWOT ANALYSIS
      • MNM VIEW
    • HUNTSMAN CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • REICHHOLD LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCOTT BADER COMPANY LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ALPHA OWENS-CORNING (AOC) LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • POLYNT SPA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ADITYA BIRLA CHEMICALS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SINO POLYMER CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • OTHER PLAYERS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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