Product Code: ETC4951068 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Brunei Darussalam Resins Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.65% in 2025 and reaches 1.96% by 2029.
By 2027, the Resins market in Brunei Darussalam is anticipated to reach a growth rate of 1.13%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The resins market in Brunei is witnessing growth due to the increasing demand from various industries such as construction, automotive, and packaging. Resins are used as raw materials in the production of plastics, adhesives, and coatings. The market is driven by the rising construction activities and the demand for lightweight materials in the automotive industry. However, the market faces challenges such as fluctuating raw material prices and environmental concerns related to resin production.
The Brunei resins market is driven by several key factors. Firstly, the expansion of the construction and automotive industries in Brunei significantly boosts demand for resins, which are crucial for producing durable and high-quality materials used in these sectors. Additionally, the growing trend towards the use of environmentally friendly and sustainable products has led to increased interest in bio-based and recyclable resins. Innovations in resin technologies that offer enhanced performance characteristics, such as improved thermal and chemical resistance, also contribute to market growth. The government`s investment in infrastructure development further stimulates the demand for resins, as they are essential for various construction applications.
The Brunei resins market faces several challenges that impact its growth and stability. One major issue is the reliance on imported raw materials. As Brunei does not have a significant resin production capacity, the market is dependent on international suppliers, which can lead to supply chain disruptions and increased costs. Additionally, fluctuations in global resin prices can affect local market pricing and profitability.
The Brunei government encourages the growth of the chemical industry, including resins, through its diversification strategy aimed at reducing reliance on oil and gas. Policies include incentives for foreign investment and support for research and development initiatives to enhance local production capabilities.
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 Brunei Resins Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Resins Market - Industry Life Cycle |
3.4 Brunei Resins Market - Porter's Five Forces |
3.5 Brunei Resins Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Brunei Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Brunei Resins Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Brunei Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brunei Resins Market Trends |
6 Brunei Resins Market Segmentations |
6.1 Brunei Resins Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Brunei Resins Market Revenues & Volume, By Unsaturated Polyester Resins, 2021-2031F |
6.1.3 Brunei Resins Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.1.4 Brunei Resins Market Revenues & Volume, By Emulsion Polymers, 2021-2031F |
6.1.5 Brunei Resins Market Revenues & Volume, By Amino Resins, 2021-2031F |
6.1.6 Brunei Resins Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.7 Brunei Resins Market Revenues & Volume, By Polyurethane Resins, 2021-2031F |
6.1.9 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Brunei Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brunei Resins Market Revenues & Volume, By ? Adhesives, 2021-2031F |
6.2.3 Brunei Resins Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.4 Brunei Resins Market Revenues & Volume, By Composites, 2021-2031F |
6.2.5 Brunei Resins Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.6 Brunei Resins Market Revenues & Volume, By Paints & Varnishes, 2021-2031F |
6.2.7 Brunei Resins Market Revenues & Volume, By Foundry Binders, 2021-2031F |
6.2.8 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3 Brunei Resins Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Brunei Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.3 Brunei Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Brunei Resins Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.3.5 Brunei Resins Market Revenues & Volume, By Marine and Shipbuilding, 2021-2031F |
6.3.6 Brunei Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Brunei Resins Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.8 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Brunei Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Brunei Resins Market Import-Export Trade Statistics |
7.1 Brunei Resins Market Export to Major Countries |
7.2 Brunei Resins Market Imports from Major Countries |
8 Brunei Resins Market Key Performance Indicators |
9 Brunei Resins Market - Opportunity Assessment |
9.1 Brunei Resins Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Brunei Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Brunei Resins Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Brunei Resins Market - Competitive Landscape |
10.1 Brunei Resins Market Revenue Share, By Companies, 2024 |
10.2 Brunei Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |