Due to the fall in cases of coronavirus, companies in the Asia Pacific ionomer resins market for construction industry are witnessing an increase in business activities. Manufacturers are focusing on mission-critical applications such as lamination, wood plastic composites (WPC), and glass interlayers to keep their economies running despite poor demand sentiments.
Companies in the Asia Pacific ionomer resins market for construction industry are collaborating to increase research and create value added products. They are becoming price competitive and taking advantage of government stimulus programs to stay financially afloat. Manufacturers are tapping into revenue opportunities in positive or limited negative impact industries to ensure business continuity. They are bolstering local production capabilities to reduce dependence on other countries for raw materials and other products.
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The Asia Pacific ionomer resins market for construction industry is expected to clock a CAGR of 5.5% during the forecast period. This is evident since alternative and less expensive highly weatherable compounds for the cap layers of WPC are emerging as an alternative to expensive ionomer resins. Nevertheless, conventional ionomer resins are not entirely replaceable with the newly developed weatherable compounds, as ionomer resins offer exceptional resistance to scratches, stains, and impact, among other situations.
WPCs have the potential to serve as an option for traditional lumber, owing to the former’s low lifecycle cost. Minimal maintenance and lightweight attributes of WPC are being preferred by end users.
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Ionomer resin is being publicized as a stiffer and tougher interlayer as compared to polyvinyl butyral (PVB). Manufacturers in the Asia Pacific ionomer resins market for construction industry are boosting their production capabilities since ionomer resins bons well with some metals and can be used to design bespoke glass structures. This explains why the Asia Pacific ionomer resins market for construction industry is predicted to surpass US$ 11,528.9 Th by 2031. Structural glass applications such as large unsupported sections of feature glass, glass stairs, and glass floors are fueling the demand for ionomer resins. Interlayers made with ionomer resins are processed using an autoclave.
Ionomer resins are becoming an important part of anion-exchange membrane fuel cells (AEMFCs). Companies in the Asia Pacific ionomer resins market for construction industry are increasing their research in a series of hydroxide-ion-conducting ionomers for the catalyst binder for the membrane electrode assembly in AEMFCs.
Electrode ionomer significantly influences catalyst layer morphology and fuel cell performance. Companies in the Asia Pacific ionomer resins market for construction industry are leveraging revenue opportunities with electrode ionomers to develop eco-friendly proton-exchange membrane fuel cells (PEMFCs). PEMFCs are being commercialized in transportation systems. Microbial fuel cells using proton exchange membranes have attracted attention for their improved performance, owing to the development of anode materials.
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Analysts’ Viewpoint
Companies in the Asia Pacific ionomer resins market for construction industry are analyzing their high-risk clients, partners and customers where recovery of debt may be an issue during the ongoing coronavirus pandemic. New developments in less expensive and highly weatherable compounds for the cap layers of WPCs are emerging as an alternative to expensive ionomer resins. Hence, manufacturers should diversify their applications in lamination, building-integrated photovoltaics (BIPV), and PEMFCs to compensate for new developments in materials for WPCs. As such, WPCs made with ionomer resins are being known for their sustainability, low lifecycle costs, and processability. Increased moisture resistance and stiffness are being preferred in WPCs.
Attribute |
Details |
Market Size Value in 2020 |
US$ 6,457.8 Th |
Market Forecast Value in 2031 |
US$ 11,528.9 Th |
Growth Rate (CAGR) |
5.5% |
Forecast Period |
2021-2031 |
Quantitative Units |
US$ Mn for Value and Tons for Volume |
Market Analysis |
It includes cross segment analysis at Asia Pacific as well as at country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
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Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
Asia Pacific Ionomer Resins Market for Construction Industry – Segmentation
TMR’s research study assesses the ionomer resins market for construction industry in Asia Pacific in terms of resin and application. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the ionomer resins market for construction industry in Asia Pacific.
Resin |
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Application |
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Country |
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Asia Pacific Ionomer Resins Market For Construction Industry is expected to reach US$ 11,528.9 Th By 2031
Asia Pacific Ionomer Resins Market For Construction Industry is estimated to rise at a CAGR of 5.5% during forecast period
Increase in application of ionomer resins in lamination and WPC, led by the rise in consumption of ionomer resins in the building & construction industry, and projected to augment the ionomer resins market for construction industry in Asia Pacific in the near future
Prominent players operating in the Ionomer Resins Market for Construction Industry in Asia Pacific include DuPont de Nemours Inc., SK Geo Centric, Honeywell International Inc., Exxon Mobil Corporation, Solvay SA, LyondellBasell Industries Holdings B.V., 3M Company, and Brenntag SE.
Wood Plastic Composite (WPC), Lamination, Glass Interlayers, Building-integrated Photovoltaics (BIPV), Ceramic Binders are the application segments in the Asia Pacific Ionomer Resins Market For Construction Industry
1. Executive Summary
1.1. Ionomer Resins Market for Construction Industry Snapshot
1.2. Current Market and Future Potential
2. Market Overview
2.1. Market Segmentation
2.2. Market Trends
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Key Manufacturers
2.6.2. List of Existing & Potential Customers, by Country
2.6.3. List of Key Distributors
3. COVID-19 Impact Analysis
4. Pricing Analysis Trends and Forecast, 2020-2031
4.1. Price Comparison Analysis, by Resin
5. Asia Pacific Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
5.1. Introduction and Definitions
5.2. Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) and Value (US$ Mn) Forecast, by Resin, 2020–2031
5.2.1. Polyvinyl Butyral (PVB)
5.2.2. Ethyl Acrylic Acid (EAA)
5.2.3. Perfluorinated Sulfonic Acid (PFSA)
5.2.4. Others
5.3. Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
6. Asia Pacific Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
6.1. Introduction and Definitions
6.2. Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031
6.2.1. Wood Plastic Composite (WPC)
6.2.2. Lamination
6.2.3. Glass Interlayers
6.2.4. Building-integrated Photovoltaics (BIPV)
6.2.5. Ceramic Binders
6.2.6. Others
6.3. Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
7. Asia Pacific Ionomer Resins Market for Construction Industry Analysis and Forecast, by Country, 2020–2031
7.1. Key Findings
7.2. Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) and Value (US$ Mn) Forecast, by Country, 2020–2031
7.2.1. China
7.2.2. India
7.2.3. Japan
7.2.4. South Korea
7.2.5. ASEAN
7.2.6. Rest of Asia Pacific
7.3. Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Country
8. China Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
8.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
8.1.1. Polyvinyl Butyral (PVB)
8.1.2. Ethyl Acrylic Acid (EAA)
8.1.3. Perfluorinated Sulfonic Acid (PFSA)
8.1.4. Others
8.2. China Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
9. China Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
9.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
9.1.1. Wood Plastic Composite (WPC)
9.1.2. Lamination
9.1.3. Glass Interlayers
9.1.4. Building-integrated Photovoltaics (BIPV)
9.1.5. Ceramic Binders
9.1.6. Others
9.2. China Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
10. India Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
10.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
10.1.1. Polyvinyl Butyral (PVB)
10.1.2. Ethyl Acrylic Acid (EAA)
10.1.3. Perfluorinated Sulfonic Acid (PFSA)
10.1.4. Others
10.2. India Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
11. India Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
11.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
11.1.1. Wood Plastic Composite (WPC)
11.1.2. Lamination
11.1.3. Glass Interlayers
11.1.4. Building-integrated Photovoltaics (BIPV)
11.1.5. Ceramic Binders
11.1.6. Others
11.2. India Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
12. Japan Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
12.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
12.1.1. Polyvinyl Butyral (PVB)
12.1.2. Ethyl Acrylic Acid (EAA)
12.1.3. Perfluorinated Sulfonic Acid (PFSA)
12.1.4. Others
12.2. Japan Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
13. Japan Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
13.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
13.1.1. Wood Plastic Composite (WPC)
13.1.2. Lamination
13.1.3. Glass Interlayers
13.1.4. Building-integrated Photovoltaics (BIPV)
13.1.5. Ceramic Binders
13.1.6. Others
13.2. Japan Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
14. South Korea Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
14.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
14.1.1. Polyvinyl Butyral (PVB)
14.1.2. Ethyl Acrylic Acid (EAA)
14.1.3. Perfluorinated Sulfonic Acid (PFSA)
14.1.4. Others
14.2. South Korea Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
15. South Korea Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
15.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
15.1.1. Wood Plastic Composite (WPC)
15.1.2. Lamination
15.1.3. Glass Interlayers
15.1.4. Building-integrated Photovoltaics (BIPV)
15.1.5. Ceramic Binders
15.1.6. Others
15.2. South Korea Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
16. ASEAN Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
16.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
16.1.1. Polyvinyl Butyral (PVB)
16.1.2. Ethyl Acrylic Acid (EAA)
16.1.3. Perfluorinated Sulfonic Acid (PFSA)
16.1.4. Others
16.2. ASEAN Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
17. ASEAN Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
17.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
17.1.1. Wood Plastic Composite (WPC)
17.1.2. Lamination
17.1.3. Glass Interlayers
17.1.4. Building-integrated Photovoltaics (BIPV)
17.1.5. Ceramic Binders
17.1.6. Others
17.2. ASEAN Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
18. Rest of Asia Pacific Ionomer Resins Market for Construction Industry Analysis and Forecast, by Resin, 2020–2031
18.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
18.1.1. Polyvinyl Butyral (PVB)
18.1.2. Ethyl Acrylic Acid (EAA)
18.1.3. Perfluorinated Sulfonic Acid (PFSA)
18.1.4. Others
18.2. Rest of Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
19. Rest of Asia Pacific Ionomer Resins Market for Construction Industry Analysis and Forecast, by Application, 2020–2031
19.1. Market Size (Tons) (US$ Mn) Forecast, by Resin, 2020-2031
19.1.1. Wood Plastic Composite (WPC)
19.1.2. Lamination
19.1.3. Glass Interlayers
19.1.4. Building-integrated Photovoltaics (BIPV)
19.1.5. Ceramic Binders
19.1.6. Others
19.2. Rest of Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
20. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
20.1.1. DuPont de Nemours Inc.
20.1.1.1. Company Description
20.1.1.2. Business Overview
20.1.1.3. Financial Overview
20.1.1.4. Strategic Overview
20.1.2. SK Geo Centric.
20.1.2.1. Company Description
20.1.2.2. Business Overview
20.1.2.3. Financial Overview
20.1.2.4. Strategic Overview
20.1.3. Honeywell International Inc.
20.1.3.1. Company Description
20.1.3.2. Business Overview
20.1.3.3. Financial Overview
20.1.3.4. Strategic Overview
20.1.4. Exxon Mobil Corporation
20.1.4.1. Company Description
20.1.4.2. Business Overview
20.1.4.3. Financial Overview
20.1.4.4. Strategic Overview
20.1.5. Solvay SA
20.1.5.1. Company Description
20.1.5.2. Business Overview
20.1.5.3. Financial Overview
20.1.5.4. Strategic Overview
20.1.6. LyondellBasell Industries Holdings B.V.
20.1.6.1. Company Description
20.1.6.2. Business Overview
20.1.6.3. Financial Overview
20.1.6.4. Strategic Overview
20.1.7. 3M Company
20.1.7.1. Company Description
20.1.7.2. Business Overview
20.1.7.3. Financial Overview
20.1.7.4. Strategic Overview
20.1.8. Brenntag SE
20.1.8.1. Company Description
20.1.8.2. Business Overview
20.1.8.3. Financial Overview
20.1.8.4. Strategic Overview
21. Primary Research: Key Insights
22. Appendix
List of Tables
Table 1: Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 2: Asia Pacific Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 3: Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 4: Asia Pacific Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 5: Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Country, 2020–2031
Table 6: Asia Pacific Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Country, 2020–2031
Table 7: China Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 8: China Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 9: China Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 10: China Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 11: India Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 12: India Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 13: India Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 14: India Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 15: Japan Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 16: Japan Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 17: Japan Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 18: Japan Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 19: South Korea Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 20: South Korea Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 21: South Korea Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 22: South Korea Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 23: ASEAN Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 24: ASEAN Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 25: ASEAN Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 26: ASEAN Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
Table 27: Rest of Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Resin, 2020–2031
Table 28: Rest of Asia Pacific Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Resin, 2020–2031
Table 29: Rest of Asia Pacific Ionomer Resins Market for Construction Industry Volume (Tons) Forecast, by Application, 2020–2031
Table 30: Rest of Asia Pacific Ionomer Resins Market for Construction Industry Value (US$ Mn) Forecast, by Application, 2020–2031
List of Figures
Figure 1: Asia Pacific Ionomer Resins Price Trend, by Resin, 2020–2031 (US$/Ton)
Figure 2: Asia Pacific Ionomer Resins Market for Construction Industry Volume Share Analysis, by Resin, 2020, 2025, and 2031
Figure 3: Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Resin
Figure 4: Asia Pacific Ionomer Resins Market for Construction Industry Volume Share Analysis, by Application, 2020, 2025, and 2031
Figure 5: Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Application
Figure 6: Asia Pacific Ionomer Resins Market for Construction Industry Volume Share Analysis, by Country, 2020, 2025, and 2031
Figure 7: Asia Pacific Ionomer Resins Market for Construction Industry Attractiveness Analysis, by Country
Figure 8: Asia Pacific Ionomer Resins Market for Construction Industry Share Analysis, by Company, 2020