CORROSION RESISTANT RESIN MARKET ANALYSIS

Market News

Key Developments

• Key players operating in the global corrosion resistant resin market are adopting various organic and inorganic growth strategies such as merger & acquisition, new product development, capacity expansion and partnerships among others to expand its geographic presence, enhance product portfolio and cater growing demand for corrosion resistant resins in different industries including oil & gas, marine and infrastructure among others. For instance, in April 2018, Ashland Inc. launched Derakane Signia a new resin for corrosion resistant GFRP pipes and tanks used in different industries such as mineral processing, chemical processing, water treatment and air pollution control.