Increasing Use of Pure Monomer Resins in Adhesives Production to Bolster the Growth of the Market

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. 

Browse the full report description of “Pure Monomer Resins Market Size, Share & Trends Analysis Report by Type (Styrene Based, and Alpha-methyl Styrene Based), and by Application (Adhesives Production, Sealants Production, Polymer Modification, Rubber Compounding, Coatings Production, and Others), Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/pure-monomer-resins-market

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. 

Trends in Production Quantities by Type of Adhesive (Unit: Tons) 2017-2022 Japan

Source: Japan Adhesive Industry Association

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Type

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- includes Cray Valley, Eastman (Synthomer), Kraton Corp., Lesco Chemical Ltd, and others. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global 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)

Global Pure Monomer Resins Market Report Segment by Region

North America

• United States

• Canada

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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