Market Overview:
ketone resin is a kind of resin which can be used for paints and coating, printing ink and adhesive. With the development of economy, not only coating but also the printing ink needs more ketone resin. Formaldehyde and Cyclohexanone are the main raw materials for the production of ketone resin. Ketonic Resin is a condensation product to give a solid product, which basically includes hydroxyl and carbonyl groups. The color of a product is a pale yellow to light yellow solid having solubility in aromatic hydrocarbons, glycols, alcohols, esters, ketones, chlorinated hydrocarbon and so on but is insoluble in water. Ketone resin, also known as polyketone resin, ketone-aldehyde resin or aldehyde-ketone resin. Ketone resin can dissolve in almost solvent of inks, paint industry, and pigments. High demand among end user is the driving force of the market, while factors like safety issue in transportation are creating hindrance in the market.
Influencing Trend:
Widespread Applications Witnessed in Coating and Paints, Printing Ink and Adhesive
Market Growth Drivers:
High Demand in among End users for Ketone Resin and Compatible Nature with Other Resins
Challenges:
Environmental Regulations on Ketone Resin
The key Vendors profiled in the report are Evonik (Germany), BASF (Germany), Lawter (United States), Uniform Synthetics (India), D.R.Coats Ink & Resins (India), Shree Mahadev Intermediates (India), Macro Polymers (India), CLEF Industrial (China), Intech Synthetic Materials (China) and Keyuan Innovative Materials (China). Additionally, other players that are of this comprehensive study are Changsha Creature Industry (China), Jinan Tongfa Resin (China) and Ketone Resins (Netherlands).