Plastic resin is a major player in the raw-materials world. According to the American Chemistry Council, U.S. production of resin reached 7.7 billion pounds in October 2020, a year-over-year increase of 5.6 percent. Allied Market Research also noted that the sector makes a major global impact, reaching a value of $403.1 billion in 2019 that’s expected to grow to $522.5 billion in 2027. Resin is a major component in many types of products — including centrifugal sealless magnetic drive pumps.
In this post, we’ll explain what plastic resin is, how many types of plastic resins have industrial applications, the plastic resin types we use here at March Pump, and the various ways in which different resins can benefit end users. Read More about Types of Plastic Resins March Pumps Uses: Advantages & Applications »