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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
When an epoxide copolymerizes with a substance that has two hydroxyl groups, resin is created. Resin is a thermosetting polymer formed from organic acids. Due to qualities including corrosion resistance, high thermal stability, superior mechanical strength, remarkable toughness, prolonged durability, resistance to chemicals and moisture, and exceptional adhesion, these resins are renowned for their increased performance in a variety of industrial applications.
Because it is lightweight and strengthens the material, automotive resin is utilised in automobiles. It is used to fix cracks in bumpers, paint, dashboards, engine parts, and other surfaces. Additionally, the use of resin in coating promotes efficiency, provides the surface with a beautiful appearance, and complies with all environmental criteria.
The Global automotive exterior resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The first batch of automotive-grade resins made from mechanically recycled parts was introduced by Sabic. The TRUCIRCLE cycle solution and service portfolio includes these items.Three categories exist: XENOY T2NX2500UV resin is an unfilled, UV stabilized polycarbonate and polyethylene terephthalate blend, and XENOY T2NX5230 resin is a mineral-filled PC/PET blend. SABIC T2E-3320EH PP compound is a high-fluidity, low-emission, talc-filled polypropylene.
According to Covestro, Decovery SP-8310, a multipurpose resin with a 37% bio-based content, is now available. It enables exterior coatings with increased bio-based content and outdoor endurance. Monolithic ceramic capacitors for automotive applications that have X8L properties and are intended for usage in temperatures up to 150°C are produced by Murata Manufacturing Co., Ltd.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |