Market Overview

Global Composite Resin Market 2018-2022 | Increasing Applicability of Composite Bonding to Drive Growth | Technavio

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The global composite resin market is expected to post a CAGR of nearly 7%
during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global composite resin market from 2018- ...

Technavio has published a new market research report on the global composite resin market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand
for lightweight materials. Composite resin is an important component
used in the automobile industry to reduce the weight of vehicles,
integrate different parts, and work with high efficiency. The weight of
the vehicle determines its efficiency and performance. The use of
lightweight materials instead of heavy materials reduces the weight of
the vehicle, thus improving the fuel efficiency of the vehicle.
Composite resins are used in both exterior and interior parts of
automobiles. Composite resins actively bind two fibers together, and
they determine the stiffness and strength of the final product.

This market research report on the global
composite resin market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the increasing applicability of
composite bonding as one of the key emerging trends in the global
composite resin market:

Global composite resin market: Increasing
applicability of composite bonding

The dental and medical sector extensively employs the use of composite
resins for composite bonding and composite filling applications.
Composite bonding is a cosmetic solution used to improve color, shape,
and overall appearance of an individual's teeth. In this procedure, a
composite resin is shaped and molded on gapped teeth, chipped teeth, and
stained teeth. This form of resin bonding and filling is preferred by
patients as it can be performed in just one seating and it is highly
durable.

"Composite resin provides resistance to fracture in
small-to-mid-sized fillings that need to withstand moderate pressure
from the constant stress generated during the chewing process, owing to
its high mechanical strength. Though the cost of composite resins is
higher than amalgams, they offer a natural appearance and help in
restoring the white color of the teeth. Therefore, composite filling
applications that use composite resins are gaining popularity in
comparison to metal filling, amalgam filling, and gold filling dental
solutions, thus driving the growth of the market,"
says a senior
analyst at Technavio for research on specialty chemicals.

Global composite resin market: Segmentation
analysis

This market research report segments the global composite resin market
by end-user (construction, transportation, electronics, and pipes and
tanks) and geographical regions (APAC, EMEA, and the Americas).

The construction segment held the largest market share in 2017,
accounting for nearly 23% of the market. This end-user segment is
expected to dominate the global market throughout the forecast period.

APAC led the market in 2017 with a market share of nearly 54%. The
region is expected to dominate the market through 2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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