Ionomer Resins Market Size

  • Report ID: 4649
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Ionomer Resins Market Size

Ionomer Resins Market size was over USD 1.13 billion in 2024 and is poised to exceed USD 2.5 billion by 2037, witnessing over 6.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ionomer resins is evaluated at USD 1.25 billion.

The growth of the market can be attributed to the increasing application of ionomer resins in a variety of end-use industries, mainly, in various kinds of packaging. Moreover, the rising packaging industry, supported by increasing packaging consumption is estimated to drive market growth. For instance, in the last ten years, packaging consumption in India has increased by 200%, from 4.3 kilograms per person per year (pppa) to 8.6 kg pppa as of FY20.

Owing to their exceptional barrier qualities, ionomer resins are often thermoplastic resins utilized in packaging applications. High clarity, adaptability, hardness, simplicity of fabrication, and cost efficiency are all qualities of these resins. Ionomer resins have low sealing temperatures and great resistance to oil penetration. Hence, useful in food packaging too. Moreover, increasing demand for food packaging is predicted to drive market growth. The Environmental Protection Agency (EPA) of the United States reports that 14.5 million tons of packaging and plastic containers were produced in 2019. 


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Author Credits:  Rajrani Baghel


  • Report ID: 4649
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ionomer resins is evaluated at USD 1.25 billion.

The ionomer resins market size was over USD 1.13 billion in 2024 and is poised to exceed USD 2.5 billion by 2037, witnessing over 6.3% CAGR during the forecast period i.e., between 2025-2037. The increasing usage of ionomer resins in the end-use industry, mainly in food packaging and cosmetic packaging will fuel the market growth.

North America industry is poised to account for largest revenue share by 2037, attributed to increasing ready-to-eat food and fast food.

The major players in the market are LyondellBasell Industries N.V., Entec Polymers, TER HELL & Co. GmbH, KPL International Limited, General Electric Company, Solvay, Dongyue Group, Asahi Kasei Corporation, Honeywell International Inc, DuPont de Nemours, Inc
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