| Product Code: ETC348956 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The synthetic resins market in Ghana involves the production, distribution, and application of synthetic polymers such as epoxy, polyester, acrylic, and polyurethane resins used in coatings, adhesives, composites, and plastics manufacturing across various industries.
The expanding coatings and adhesives industries, the growing applications in construction and automotive sectors, and the adoption of synthetic resins for their versatility and performance are driving the growth of Ghana synthetic resins market. Synthetic resins such as acrylic, epoxy, polyester, and polyurethane offer properties such as adhesion, durability, and chemical resistance, supporting their use in paints, coatings, adhesives, and composites, thus fueling market growth.
This market may face challenges related to fluctuating raw material prices, ensuring compliance with environmental and safety regulations, and competition from alternative resin materials.
Recognizing the diverse applications of synthetic resins in industries such as construction, automotive, and packaging, the Ghana government is focused on promoting the growth of the synthetic resins market through various policy measures. This includes initiatives to enhance the competitiveness of local resin manufacturers through skills development, technology transfer, and access to financing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Synthetic Resins Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Synthetic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Synthetic Resins Market - Industry Life Cycle |
3.4 Ghana Synthetic Resins Market - Porter's Five Forces |
3.5 Ghana Synthetic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Ghana Synthetic Resins Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Ghana Synthetic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Ghana leading to increased demand for synthetic resins. |
4.2.2 Expansion of the automotive and aerospace industries in Ghana driving the market for synthetic resins. |
4.2.3 Government initiatives promoting industrialization and manufacturing sectors boosting the demand for synthetic resins. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of synthetic resins. |
4.3.2 Lack of technological advancements in the synthetic resins industry in Ghana hindering market growth. |
4.3.3 Environmental concerns regarding the use and disposal of synthetic resins affecting market acceptance. |
5 Ghana Synthetic Resins Market Trends |
6 Ghana Synthetic Resins Market, By Types |
6.1 Ghana Synthetic Resins Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ghana Synthetic Resins Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Ghana Synthetic Resins Market Revenues & Volume, By Packaging, 2021-2031F |
6.1.4 Ghana Synthetic Resins Market Revenues & Volume, By Building Supplies, 2021-2031F |
6.1.5 Ghana Synthetic Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.6 Ghana Synthetic Resins Market Revenues & Volume, By Electronics, 2021-2031F |
6.2 Ghana Synthetic Resins Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Ghana Synthetic Resins Market Revenues & Volume, By Thermoplastic Resins, 2021-2031F |
6.2.3 Ghana Synthetic Resins Market Revenues & Volume, By Thermosetting Resin, 2021-2031F |
7 Ghana Synthetic Resins Market Import-Export Trade Statistics |
7.1 Ghana Synthetic Resins Market Export to Major Countries |
7.2 Ghana Synthetic Resins Market Imports from Major Countries |
8 Ghana Synthetic Resins Market Key Performance Indicators |
8.1 Percentage increase in the adoption of advanced manufacturing technologies within the synthetic resins industry in Ghana. |
8.2 Number of new construction projects utilizing synthetic resins as a key material. |
8.3 Percentage growth in the demand for synthetic resins within the automotive and aerospace sectors in Ghana. |
9 Ghana Synthetic Resins Market - Opportunity Assessment |
9.1 Ghana Synthetic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Ghana Synthetic Resins Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Ghana Synthetic Resins Market - Competitive Landscape |
10.1 Ghana Synthetic Resins Market Revenue Share, By Companies, 2024 |
10.2 Ghana Synthetic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |