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.
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.
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Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Cray Valley, Eastman (Synthomer), Kraton Corp., Lesco Chemical Ltd, and others.
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)
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Company Profiles
Foreverest Resources Ltd
Guangzhou Xinhuayue Resin Technology Co., Ltd
Kolon Industries
K-Resinas
Neville Chemical Co.,
Puyang Tiancheng Chemical Co.,Ltd
Rain Carbon Germany GmbH
Songwon Industrial
SpecialChem S.A.
UL LLC
VNK AS
YASUHARA CHEMICAL CO., LTD.
FUJIFILM Holdings Corp.,
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