Product Code: ETC022090 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Kenya Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 9.96% in 2026, following an initial rate of 9.14%, before easing to 4.31% at the end of the period.
The Resins market in Kenya is projected to grow at a growing growth rate of 9.84% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
The Kenya resins market is witnessing growth driven by the demand for adhesives, coatings, and composites across various industrial sectors. Resins play a critical role in enhancing material properties and performance, supporting advancements in manufacturing and construction.
The resins market in Kenya is expanding due to the growing demand from the construction, automotive, and packaging industries. Resins are essential raw materials used in coatings, adhesives, composites, and plastics. The rapid urbanization, infrastructure development, and industrial growth in Kenya are fueling the demand for resins. Moreover, advancements in resin technology and product innovation are further contributing to market growth.
Challenges in the resins market in Kenya include fluctuating raw material prices, ensuring consistent product quality, addressing environmental concerns related to resin production, and meeting the specific requirements of diverse end-user industries.
The Kenya government has implemented policies to support the resins market, which is crucial for various industries such as adhesives, coatings, and composites. These policies aim to promote the production of high-quality resins, ensure product safety and reliability, and support sustainable practices in resin manufacturing. Key initiatives include the establishment of standards and regulations for resin production, incentives for companies to adopt eco-friendly production processes, and support for research and development in resin technologies. The government has also implemented measures to enhance market transparency and ensure fair competition among resin producers. These policies aim to strengthen the resins market in Kenya while promoting economic growth and environmental sustainability.
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 Kenya Resins Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Resins Market Revenues & Volume, 2019 & 2026F |
3.3 Kenya Resins Market - Industry Life Cycle |
3.4 Kenya Resins Market - Porter's Five Forces |
3.5 Kenya Resins Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Kenya Resins Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.7 Kenya Resins Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Kenya Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kenya Resins Market Trends |
6 Kenya Resins Market, By Types |
6.1 Kenya Resins Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Kenya Resins Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Kenya Resins Market Revenues & Volume, By Unsaturated Polyester Resins, 2016 - 2026F |
6.1.4 Kenya Resins Market Revenues & Volume, By Alkyd Resins, 2016 - 2026F |
6.1.5 Kenya Resins Market Revenues & Volume, By Emulsion Polymers, 2016 - 2026F |
6.1.6 Kenya Resins Market Revenues & Volume, By Amino Resins, 2016 - 2026F |
6.1.7 Kenya Resins Market Revenues & Volume, By Polyester Resin, 2016 - 2026F |
6.1.8 Kenya Resins Market Revenues & Volume, By Polyurethane Resins, 2016 - 2026F |
6.1.9 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
6.1.10 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Kenya Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Kenya Resins Market Revenues & Volume, By Adhesives, 2016 - 2026F |
6.2.3 Kenya Resins Market Revenues & Volume, By Coatings, 2016 - 2026F |
6.2.4 Kenya Resins Market Revenues & Volume, By Composites, 2016 - 2026F |
6.2.5 Kenya Resins Market Revenues & Volume, By Packaging, 2016 - 2026F |
6.2.6 Kenya Resins Market Revenues & Volume, By Paints & Varnishes, 2016 - 2026F |
6.2.7 Kenya Resins Market Revenues & Volume, By Foundry Binders, 2016 - 2026F |
6.2.8 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
6.2.9 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Kenya Resins Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Kenya Resins Market Revenues & Volume, By Electrical and Electronics, 2016 - 2026F |
6.3.3 Kenya Resins Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.3.4 Kenya Resins Market Revenues & Volume, By Civil Engineering, 2016 - 2026F |
6.3.5 Kenya Resins Market Revenues & Volume, By Marine and Shipbuilding, 2016 - 2026F |
6.3.6 Kenya Resins Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.3.7 Kenya Resins Market Revenues & Volume, By Oil & Gas, 2016 - 2026F |
6.3.8 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
6.3.9 Kenya Resins Market Revenues & Volume, By Others, 2016 - 2026F |
7 Kenya Resins Market Import-Export Trade Statistics |
7.1 Kenya Resins Market Export to Major Countries |
7.2 Kenya Resins Market Imports from Major Countries |
8 Kenya Resins Market Key Performance Indicators |
9 Kenya Resins Market - Opportunity Assessment |
9.1 Kenya Resins Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Kenya Resins Market Opportunity Assessment, By Application, 2019 & 2026F |
9.3 Kenya Resins Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Kenya Resins Market - Competitive Landscape |
10.1 Kenya Resins Market Revenue Share, By Companies, 2019 |
10.2 Kenya Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |