Showa Denko K.K., a Japanese chemical industry company, declared their merger with Showa Denko Materials Co., Ltd. (former Hitachi Chemical) and transformed into two new companies, namely a holding company called "Resonac Holdings Corporation" and a manufacturing company called "Resonac Corporation".
DIC Corporation, a Japanese chemicals business, declared that its wholly-owned subsidiary 'Ideal Chemi Plast Private Limited' has been incorporated and began construction of a new coating resin production facility with triple production capacity.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5178
Published Date: Aug 23, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing construction industry and the rising adoption of bio-based unsaturated polyester resins around the globe are the major factors driving the market growth.
The market is anticipated to attain a CAGR of 6.2% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are KITAMURA CHEMICALS CO. LTD, DIC Corporation, and U-PICA Company Ltd.
The isophthalic is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.