During the forecast period from 2021 to 2031, the global ketone resin market is expected to grow with a CAGR of 2% to 4%. The key drivers supporting this growth are the growing demand for ketone resin across a wide range of end-use industries, including construction, automotive, printing inks, paper and packaging, paints and coatings. A major user industry of the ketone resin market includes the paint industry, printing ink industry and others, such as paper, leather, bonded fabric, nitrocellulose adhesives and other similar materials. This scenario represents the growth potential of suppliers in the resin industry. Due to the growing demand for long-lasting resin adhesive products around the world, the industry is expected to earn significant revenues.
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The growth of the flexible packaging applications is additionally driving the expansion for these resins. The drivers of the Ketonic Resin Market are improved supply of raw materials, growth of packaging and energy curable inks, long run strategic partnerships of resin suppliers with ink manufacturers, environmental protection legislations, and new resin technologies.
These resins are often used with nitrocellulose resin, polyamide resin, and other raw materials to enhance the gloss of the system, adhesion, pigment wetting, printed and colored, and solid content, decreasing the temperature of the polyamide to create the ink tough to freeze within the winter, improving the ink’s store problems. due to its non-toxic, non- smell, it may be utilized to provide food packaging ink
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Some of the leading manufacturers and suppliers of
- Micro Inks
- BASF
- Lawter
- R.Coats Ink and Resins
- Evonik
- Macro Polymers
- Intech Synthetic Materials
- Uniform Synthetics
- Dongrun Chemical
- Changsha Creature Industry
- Jinan Tongfa Resin
- HZ New Chemical Material
- Haishuo Biology
- CLEF Industrial
- Keyuan Innovative Materials.
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