Global Non-Polyolefin Commodity Resin Market To Reach Nearly $136 Billion In 2016

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  • (1888PressRelease) December 18, 2012 - Wellesley, Mass. - According to a new technical market research report, GLOBAL MARKETS FOR NON-POLYOLEFIN COMMODITY RESINS (PLS067A), from BCC Research (www.bccresearch.com), the global market for non-polyolefin commodity resins was valued at $104.8 billion in 2010 and reached nearly $109.6 billion in 2011. Total market value is expected to reach nearly $136 billion in 2016 after increasing at a five-year compound annual growth rate (CAGR) of 4.4%.

    The global non-polyolefin commodity resin market can be broken down into three main segments: thermoplastic resins produced by the polymerization of the monomer vinyl chloride (PVC), an aromatic polymer made by the monomer styrene (PS), and all other important non-polyolefin commodity resins (ABS, PMMA, EVA, UF and PF).

    The PVC segment was valued at $37.8 billion in 2011 and is expected to total $47.9 billion in 2016, a CAGR of 4.9%.

    The PS segment had a value of $23.3 billion in 2011 and should reach nearly $26.9 billion in 2016, a CAGR of 2.8%.

    As a segment, all other important non-polyolefin commodity resins were valued at nearly $48.5 billion in 2011 and should reach nearly $61.2 billion in 2016, a CAGR of 4.8%.

    New applications and new markets: Technological innovations provide the possibility of resin consumption in new fields, which extend the production and consumption for other applications. Technological innovation and new applications also change industry and market structure. For example, high-function PS resins are used to replace ABS resins in some applications, while ABS resins are grabbing a larger market share from GPPS and HIPS.

    Flexible manufacturing solutions: Technology licensors will provide more flexible methods that allow manufacturers to deal with market fluctuation. For example, a high-pressure production facility can be used for the production of both LDPE and EVA. A manufacturer can easily switch between the production of LDPE and EVA according to the market requirements. For example, when EPS demand grows and GPPS and HIPS consumption declines, manufacturers can modify their production facilities from the production of GPPS and HIPS to the manufacture of EPS at a relatively low cost.

    Performance improvement: New manufacturing processes or new chemical compositions will improve the performances or provide value-added properties to non-polyolefin commodity resins. This will increase the profit rates of resin manufacturers.

    This report will help its readers:

    • Understand the trends of the market and technologies in order to plan their investment, production and R&D for the next five years or a longer period
    • Understand the trends of technologies and markets of non-polyolefin commodity resins
    • Examine crucial, innovative breakthroughs by means of a detailed patent analysis
    • Highlight the roles played by key players in the market.

    This report will be valuable to many industry participants, including the following:

    • Resin manufacturers
    • Raw material suppliers and manufacturers
    • Plastics manufacturers
    • End users and distributors
    • Academic and research institutions
    • Financial institutions.

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