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Polymers are synthetic long-chain compounds that act as the basic building blocks of the chemical industry. These are mainly derived from one or more monomers such as styrene, vinyl chloride, propylene, and ethylene and are made up of repeating structural units of monomers, which are bonded to each other with covalent bonds to form a polymer. There are... View more
Polymers are synthetic long-chain compounds that act as the basic building blocks of the chemical industry. These are mainly derived from one or more monomers such as styrene, vinyl chloride, propylene, and ethylene and are made up of repeating structural units of monomers, which are bonded to each other with covalent bonds to form a polymer. There are mainly two types of polymers; addition polymers and condensation polymers. Resins are both synthetic and natural organic compounds, comprising of mainly viscous and non-crystalline liquids. Synthetic resins are used as monomers to form a polymer. Synthetic resins are more uniform and stable compared to natural resins, and are mainly used to manufacture plastics, paints, and many other products. Natural resins are mainly derived from plant sources such as myrrhand aloe, and find major application in medicines, incense, and perfumes. Over time though, natural resins have almost been replaced by synthetic resins due to the superior chemical and physical properties of the former. Synthetic resins are widely used in production of epoxy, acetal, phenolic, acrylic, polyesters, amino, and others. These resins are also used in the manufacture of various end products such as paints, plastics, adhesives, coatings, composites, and inks.
Polymers are derived from one or more monomers or resins. These building block monomers or resins are majorly derived from crude oil or natural gas, and are now increasingly derived from bio-based sources. These resins offer excellent mechanical, molding, chemical, and other properties. On the basis of their various iterations, polymers and resins are broadly classified as thermosets, commodity thermoplastics, thermoplastic elastomers, and engineering resins.
Thermosets are those which act as a finished product and cannot be recycled by heat. These include epoxy, melamine, phenolic, polyurethane, and urea resins. These polymer resins are mainly used in building and construction furniture, appliance, transportation, adhesives, electrical/electronic, ink, and coatings end-use industries. The major applications include laminates, wiring devices, plywood and other structural panels, carpet, refrigerator insulation, buttons and knobs, flooring, panels, tanks, boat hulls, and shower-stalls.
Commodity thermoplastics are polymers that can be recycled by heat and can be hardened by cooling in their final state as a finished product. The most commonly used commodity thermoplastics are polyethylene, polypropylene, polystyrene, and polyvinyl chloride (PVC). The building and construction, consumer/institutional, transportation, electrical/electronic, and furniture/furnishing are the key end-use industries which use polymer resins in various applications such as automotive trim and parts, appliance parts, electronic storage media, bags, wrap, bottles, drums and containers, toys, pipe, siding, fishing line, carpeting, wire and cable, medical disposables, egg cartons, insulation, and various other applications.
Engineering polymers & resins are a subset of thermoplastic polymers that have high-performance mechanical, thermal, electrical and chemical properties and are often used in applications to replace metals. These polymers & resins include acetal, fluoropolymer, polycarbonate, polyphenylene sulfide, and other resins. The automotive, electrical/electronic, and consumer industries which use these polymers & resins in various applications such as valves, faucets, zippers, wire and cable jacketing, non-stick coatings, microwave cookware, appliance and electronics housings, hair dryers, bearings, gears, and others.
In recent past, the polymers & resins are replacing conventional materials such as metals, glass, and wood due to their light weight, superior strength design flexibility, and lower cost. This has led to their widespread use in end use industries such as packaging, automotive, building & construction, and electronics. The global polymer industry is growing at a Y-o-Y rate of 4% from 2013. The demand for polymers is primarily driven by growth of the automotive, packaging, building & construction, electronics, transport rails, and telecommunication industries among others.
Increasing application of engineered polymers in various end-use industry such as construction, automotive, and industrial manufacturing equipment are driving growth of the global polymers & resins market. Rapid demand for polyethylene, polypropylene, polystyrene in packaging and automotive industries is a key factor driving the growth of the polymer & resins market. Rising consumption of polyethylene terephthalate (PET), and poly-vinyl chloride (PVC) in the manufacture of bottles & beverages, as well as application of polycarbonate, PVC, polyethylene, and polymethacrylate (PMMA) in manufacturing greenhouse coverings are expected to drive demand for thermoplastics in the polymers & resins market.
The plastics industry is the largest consumer of polymers and resins across the globe. The global polymer industry consumes raw materials worth half trillion U.S. dollars per year and transforms them into plastics products valued over US$1 trillion. Around 4% of petroleum produced across the world is used to make plastic components. Plastics have found application in several end-use industries such as transportation, construction, health care, food products, telecommunications, and consumer goods. The per capita plastic consumption reached 100 kilograms in Western Europe and North America. While the average per capita consumption in Asia was 20 kg per person. Manufacturers are focusing on setting up production facilities in Asia to capitalize owing to higher growth opportunities in the region owing to presence of the rapidly expanding economies such as India and China. The region produced around half of the global plastics in 2013, with China alone producing nearly a quarter of the world’s plastic. Packaging is the major end-use application for plastic and is primarily used in consumer and household products such as appliances, toys, plastic cutlery, and furniture; for pipes, window and door frames, roofing, and siding in the construction sector; and in the food and beverage sector for plastic bottles, containers, and film among others.View less
Published Date : Jun 2023
Polypropylene compounds are versatile plastics which can be formulated with various materials and additives. They offer a wide range of properties and find extensive application in industries such as packaging, construction, textile and electrical and electronics. The... View more
Published Date : May 2023
Report Description Ultra high molecular weight polyethylene ropes provide high level of security and protection for the mooring of tanker vessels. UHMWPE ropes are smaller in volume, which makes them suitable for s... View more
Published Date : Apr 2023
Metallocene polyethylene (PE), also known as linear metallocene, is a high performance polymer that are used in a wide range of applications in the agriculture, building & construction, packaging industries. Metallocene polyethylene improves the general properties... View more
Published Date : Mar 2023
Carbon fiber heating elements are lightweight fibers and delivers excellent characteristics such as high tensile strength and high temperature tolerance in comparison with conventional structure metals such as aluminum and steel. Thus, high demand for carbon fiber com... View more
Published Date : Mar 2023
Epoxy curing agents have a wide range of applications in industrial coatings, civil engineering & construction, automotive, and metal-to-metal adhesives, composites, and electronic potting, among others. Various types of curing agents such as aliphatic, cycloaliph... View more
Published Date : Mar 2023
Caprolactam are organic compounds with molecular formula ((CH2)5CNH). It is a colorless, solid, toxic substance and process an irritant properties. The caprolactam market is segmented by nylon 6 fiber and nylon 6 resin. The nylon 6 fiber is the largest segment and is ... View more
Published Date : Feb 2023
Polyethylene is a low-cost commodity plastic with thermoplastic nature. Cross-linked polyethylene (PEX) is a type of polyethylene containing cross-linked bonds. These cross-linking bonds which are present in the polymer structure converts the thermoplastic t... View more
Published Date : Jan 2023
Latex sealant is used for connecting various materials and parts. It is synthetic semi-solid material which offers prevention from liquid leakage. The sealants are used for different purposes such as automobile sealers, insulated glass sealers, construction sealers, a... View more
Published Date : Jan 2023
Polyolefin elastomer is referred to as a group of polymers derived from olefin monomer. This material act as a thermoplastic which is easy to mold in any shape and it can be reshaped also. In addition, it provides lightweight materials with excellent flexibility, dura... View more
Published Date : Jan 2023
Polyethylene terephthalate also known as PET, is the common thermoplastic polymer resin of the polyester family. This type of PET is largely used in the production of fibers which finds wide applications in the manufacture of containers, clothing and thermoforming. PE... View more
Published Date : Jan 2023
Spider silk is a protein fiber that is spun from spiders. The silk is used to create webs or other structures such as nets to catch the prey or cocoons to protect the offspring or to wrap up its prey. Also, silk is used for suspension or to float through the air and v... View more
Published Date : Jan 2023
Methylpentene copolymer is used in autoclavable laboratory and medical equipment, cookware, and microwave components, owing to properties such as good temperature stability. According to Coherent Market Insights’ analysis, the market for reprocessed medical devi... View more
Published Date : Aug 2022
Automotive plastics are used in passenger vehicles and commercial vehicles owing to benefits offered which includes extended shelf-life of the automotive components, enhanced safety, less corrosion, and makes vehicle fuel-efficient. Various type of plastics used for a... View more
Published Date : Jul 2022
Polyamide 12 is a thermoplastic polymer and is made from either laurolactam or ω-aminolauric acid. It has optimal impact strength and lower melting point, and moisture absorption properties compared to the standard form of polyamide 6, which has higher strength ... View more
Published Date : May 2022
Silicone polymers are also called as polysiloxanes. Silicone polymers have an alternating -Si-O- type structure. This basic structural unit is found in many rocks and minerals in nature including common sand. Silicone polymers are diverse class of fluids, resins,... View more
Published Date : Feb 2022
Sulphonated naphthalene formaldehyde condensate (SNF) also called polynaphthalene sulphonate (PNS) is derived from the chemical industry. Petroleum or coal tar naphthalene is sulphonated using very concentrated sulphuric acid at high temperature and is then polymerize... View more
Published Date : Sep 2021
Petrochemicals (sometimes abbreviated as petchems) are chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm f... View more
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