Global Solid State Resins Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Amorphous PET, Crystallizable PET, and Others.

By Solid Content;

100%, 80-99%, 60-79%, 40-59%, and 20-39%.

By Application;

Beverage containers, Carbonated drinks, Bottled water, Alcoholic beverage, Dairy products, Food containers, Non-food containers, and Others.

By End Use Industry;

Electronics, Automotive, Aerospace & Defense, Construction, and Medical.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn118945108 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Solid State Resins Market (USD Million), 2021 - 2031

In the year 2024, the Global Solid State Resins Market was valued at USD 908.19 million. The size of this market is expected to increase to USD 1365.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global solid state resins market is experiencing significant growth as industries increasingly seek advanced materials that offer superior performance and durability. Solid state resins are versatile polymer materials used in a variety of applications, including aerospace, automotive, electronics, and construction. These resins are characterized by their high thermal stability, chemical resistance, and mechanical strength, making them ideal for demanding environments. The growing demand for lightweight and high-performance materials, driven by advancements in technology and increased focus on energy efficiency, is fueling the expansion of this market. Innovations in resin formulations and processing techniques are further enhancing the capabilities of solid state resins, broadening their application scope and appeal.

The global solid state resins market is supported by increasing investments in research and development, aimed at improving resin properties and exploring new application areas. Key trends driving market growth include the rising adoption of solid state resins in high-tech industries such as electronics and renewable energy, where their unique properties can significantly enhance product performance. Regional growth is also notable, with significant contributions from North America, Europe, and Asia-Pacific, as these regions continue to invest in advanced manufacturing and technology sectors. As industries evolve and demand more specialized materials, the solid state resins market is poised for continued expansion and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Solid Content
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Global Solid State Resins Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in resin curing technologies
        2. Increased focus on energy efficiency
        3. High performance in extreme conditions
        4. Expanding applications in medical devices
      2. Restraints
        1. Technical challenges in resin processing
        2. Potential health risks during production
        3. Dependence on specific resin suppliers
      3. Opportunities
        1. Increased applications in green technologies
        2. Growth in automotive lightweighting trends
        3. Development of new resin formulations
        4. Collaboration with tech firms for advanced applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Solid State Resins Market, By Product Type, 2021 - 2031 (USD Million)
      1. Amorphous PET
      2. Crystallizable PET
      3. Others
    2. Global Solid State Resins Market, By Solid Content, 2021 - 2031 (USD Million)
      1. 100%
      2. 80-99%
      3. 60-79%
      4. 40-59%
      5. 20-39%
    3. Global Solid State Resins Market, By Application, 2021 - 2031 (USD Million)
      1. Beverage containers
      2. Carbonated drinks
      3. Bottled water
      4. Alcoholic beverages
      5. Dairy products
      6. Food containers
      7. Non-food containers
      8. Others
    4. Global Solid State Resins Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Electronics
      2. Automotive
      3. Aerospace & Defense
      4. Construction
      5. Medical
    5. Global Solid State Resins Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Lanxess
      2. ENI
      3. LG Chem
      4. SABIC
      5. Polyplex
      6. Polyquest
      7. Neo Group
      8. Dhunseri Petrochem Ltd
  7. Analyst Views
  8. Future Outlook of the Market