Product Code: ETC4951092 | 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 Fiji Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.65% in 2027, following an initial rate of 1.88%, before easing to 0.13% at the end of the period.
The Resins market in Fiji is projected to grow at a stable growth rate of 3.65% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Fijis resins market supports industries such as packaging, construction, and automotive repairs. The demand for resins, including epoxy and polyester types, is growing as infrastructure projects expand and manufacturing sectors develop. Policies encouraging local production and the diversification of the economy contribute to the growth of the resins market.
The resins market in Fiji is driven by their growing application in various industries, including construction, automotive, packaging, and furniture. The increasing use of resins in manufacturing adhesives, paints, and composite materials has contributed to market growth. Moreover, Fijis expanding construction and packaging sectors, supported by government infrastructure projects, are driving the demand for resins. Innovations in resin formulations and their application in lightweight and durable materials are further supporting market development.
Fijis resins market struggles with high dependency on imports, which raises costs due to tariffs and transportation expenses. There is also limited domestic production of resins, which puts additional strain on the supply chain. The small scale of Fijis manufacturing sector means there is little local demand for resins, making it challenging for suppliers to maintain economies of scale. Additionally, the market faces a lack of infrastructure to support modern resin manufacturing and processing technologies, further hindering market growth.
The Fijian government supports industrial growth through initiatives that promote domestic manufacturing and reduce dependence on imports. Policies that encourage the production of resins, particularly in the construction, automotive, and packaging industries, are helping to develop a local supply chain for these materials. Import substitution policies and government support for local manufacturing are strengthening the domestic resins market. Additionally, the governments regulations on environmental standards push for the use of more sustainable and biodegradable resins in various applications.
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 Fiji Resins Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Resins Market - Industry Life Cycle |
3.4 Fiji Resins Market - Porter's Five Forces |
3.5 Fiji Resins Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Fiji Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Fiji Resins Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Fiji Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Resins Market Trends |
6 Fiji Resins Market Segmentations |
6.1 Fiji Resins Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Fiji Resins Market Revenues & Volume, By Unsaturated Polyester Resins, 2021-2031F |
6.1.3 Fiji Resins Market Revenues & Volume, By Alkyd Resins, 2021-2031F |
6.1.4 Fiji Resins Market Revenues & Volume, By Emulsion Polymers, 2021-2031F |
6.1.5 Fiji Resins Market Revenues & Volume, By Amino Resins, 2021-2031F |
6.1.6 Fiji Resins Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.7 Fiji Resins Market Revenues & Volume, By Polyurethane Resins, 2021-2031F |
6.1.9 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Fiji Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Fiji Resins Market Revenues & Volume, By ? Adhesives, 2021-2031F |
6.2.3 Fiji Resins Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.4 Fiji Resins Market Revenues & Volume, By Composites, 2021-2031F |
6.2.5 Fiji Resins Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.6 Fiji Resins Market Revenues & Volume, By Paints & Varnishes, 2021-2031F |
6.2.7 Fiji Resins Market Revenues & Volume, By Foundry Binders, 2021-2031F |
6.2.8 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3 Fiji Resins Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Fiji Resins Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.3.3 Fiji Resins Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Fiji Resins Market Revenues & Volume, By Civil Engineering, 2021-2031F |
6.3.5 Fiji Resins Market Revenues & Volume, By Marine and Shipbuilding, 2021-2031F |
6.3.6 Fiji Resins Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Fiji Resins Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.8 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Fiji Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Fiji Resins Market Import-Export Trade Statistics |
7.1 Fiji Resins Market Export to Major Countries |
7.2 Fiji Resins Market Imports from Major Countries |
8 Fiji Resins Market Key Performance Indicators |
9 Fiji Resins Market - Opportunity Assessment |
9.1 Fiji Resins Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Fiji Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Fiji Resins Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Fiji Resins Market - Competitive Landscape |
10.1 Fiji Resins Market Revenue Share, By Companies, 2024 |
10.2 Fiji Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |