Tuesday, December 11, 2018

Corrosion Resistant Resin (CRR) Market - Industry Analysis, Share, Forecast 2026


The global Corrosion Resistant Resin (CRR) Market was valued at USD 6.30 Billion by 2015 and is projected to reach USD 12.56 Billion by 2026.


The market is projected to grow at a CAGR of 5.7% between 2016 and 2026. In this study, 2015 has been considered as the base year. The time period between 2016 and 2026 has been considered as the long-term forecast period while the time period between 2016 and 2021 has been considered as the midterm forecast period.

The main objective of the study is to define, describe, and forecast the CRR market on the basis of type, end-use industry, and application. The report includes detailed information about major factors influencing the growth of the market (drivers, restraints, opportunities, and industry specific challenges). The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the market size has been estimated for segments, in terms of value, with respect to five major regions, namely North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

This report, market sizes have been derived through various research methodologies. In the secondary research process, different sources have been referred to identify and collect information for this study. These secondary sources include annual reports, press releases, and investor presentations of companies, white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. The bottom-up approach has been used to estimate market size, in terms of value and volume. The top-down approach has been implemented to validate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.


The CRR market includes raw material suppliers, manufacturers, and end-users. Raw material suppliers include Eastman Chemical Company (U.S.), BASF SE (Germany), GE Plastics Hexion Inc. (U.S.), among others. Manufacturers in the CRR market are Ashland Inc. (U.S.), Reichhold LLC (U.S.), Hexion Inc. (U.S.), Huntsman Corporation (U.S.), among others. The end-user segment includes industries, such as oil & gas, heavy industries, automotive & transportation, infrastructure, and others.

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