Specialty Chemicals & Polymers · Direct
Monitoring · monthly
Procurement Category Intelligence

Synthetic Resins

Overview
Market size
$520
global, USD
CAGR
4.1%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
7
tracked players
Signals
12
3 high severity

Market outlook

2031$636

What changed

Demand by region

Asia Pacific demand48%
North America demand22%
Europe demand18%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Petrochemical Feedstocks (Ethylene, Propylene, Benzene)55%
Energy and Utilities (Electricity, Steam, Natural Gas)18%
Conversion and Processing Labor12%
Logistics and Packaging (Bulk Freight, Pellets/Liquid handling)10%
Regulatory Compliance and Waste Treatment5%
share of delivered cost (analyst estimate)

Supplier watchlist

7 tracked