The global pure monomer resins market is anticipated to grow at a CAGR of 9.1% during the forecast period (2024-2031). Significant factors that drive the demand for pure monomer resins in adhesive production include offering enhanced performance characteristics, such as superior adhesion, cohesion, flexibility, and customization of adhesive formulations. Additionally, increasing the use of pure monomer resins owing to the providing formulators with the flexibility to customize adhesive formulations to meet specific application requirements. This versatility allows the development of adhesives tailored for various substrates, conditions, and end-use industries including automotive, construction, packaging, and electronics.
The versatility of pure monomer resins enables their use in a broad range of adhesive applications, contributing to their growing popularity across diverse sectors. Various adhesives based on physical properties such as solubility, compatibility, thermal properties, water absorbency, and electrical properties are designed in a functional unit. For instance, in May 2022, JSR Corp. launched a new material (HAG) that is highly adhesive and dispersive to full-scale development of fifth-generation (5G) and sixth-generation (6G) mobile communications systems and autonomous driving technology, various applications and devices are being developed in the fields of communications and mobility electronics.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Cray Valley, Eastman (Synthomer), Kraton Corp., Lesco Chemical Ltd, and others.
Pure Monomer Resins Market Report Segment
By Type
- Styrene Based
- Alpha-methyl Styrene Based
By Application
- Adhesives Production
- Sealants Production
- Polymer Modification
- Rubber Compounding
- Coatings Production
- Others (Wax Formulations)
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Pure Monomer Resins Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Foreverest Resources Ltd
- Guangzhou Xinhuayue Resin Technology Co., Ltd
- Kolon Industries
- K-Resinas
- Neville Chemical Co.,
- Puyang Tiancheng Chemical Co.,Ltd
- Rain Carbon Germany GmbH
- Songwon Industrial
- SpecialChem S.A.
- UL LLC
- VNK AS
- YASUHARA CHEMICAL CO., LTD.
- FUJIFILM Holdings Corp.,
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