Global Laser Direct Structuring Grade Resin market cagr 13.1%

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Laser Direct Structuring Grade Resin Market

Laser Direct Structuring Grade Resin Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Laser Direct Structuring Grade Resin Market Size and Growth

The Laser Direct Structuring Grade Resin market is experiencing robust growth, driven by rising demand in electronics and automotive sectors. Market size is projected to reach approximately $500 million by 2025, reflecting a CAGR of 9%. Advancements in technology and increased adoption across industries are fueling competitive dynamics in this market.

Companies Covered

(Covid 19 Impact Covered)

◍ Mitsubishi Engineering-Plastics

◍ Celanese

◍ Sinoplast

◍ SABIC

◍ Ensinger

◍ RTP Company

◍ Lanxess

◍ Lucky Enpla

◍ Kingfa

◍ Evonik

◍ DSM

◍ Zeon

◍ BASF

The Laser Direct Structuring Grade Resin Market features companies like Mitsubishi Engineering-Plastics, Celanese, and SABIC, enhancing product design via advanced laser technology. These firms innovate materials, driving market growth. For instance, BASF reported revenues of €78 billion, while Evonik's sales were around €15 billion, illustrating significant market involvement.

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Market Segmentation

By Application

Smartphones

Automotive

Laptops

Medical Devices

Wearable Devices

Others

By Product

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Others

Market Growth

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$ X Billion USD

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