Chinese- REPORT SUMMARY
- TABLE OF CONTENTS
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Benzoxazine Resins are material that can withstand the erosion of moisture, chemicals and other corrosive substances. It is very suitable for use in extreme environments and has low flammability.
This report elaborates on the current development of the Benzoxazine Resin industry thoroughly based on the international market dynamics and China's market situation.
For a start, the report provides an in-depth analysis of the current market situation through three different aspects - by region, by type and by application, which includes market distribution of different types and applications, import and export analysis of major regions, development trends of different types of products in each region, market opportunities and market restrains of different applications.
Secondly, this report lists the major players in the industry, displaying their market positions along with the strengths and weaknesses of their products, picturing the current competitive situation of the whole market.
Last but not least, the report analyzes and predicts the investment prospects and risks in the industry on the basis of industry data, combined with experts' opinions and suggestions.
Please note that the figures and tables shown in the sample are just for the purpose of demonstration, which may differ from those in the final report.
Competitive Landscape:
Huntsman
Bitrez
Kaneka Aerospace (Henkel)
Shikoku Chemicals
Region:
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China
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North America
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Europe
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APAC
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Latin America, Middle East and Africa
Type:
Bisphenol A Based Resins
Bisphenol F Based Resins
Others
Application:
Aerospace & Defense
Medical
Electrical & Electronics
Automotive
Others
Table of Content
Chapter 1 Industry Overview & Development Status in Global and China Market
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1.1 Benzoxazine Resin Industry Overview
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1.1.1 Benzoxazine Resin Market Scope and Market Segments
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1.1.2 Benzoxazine Resin Industry Characteristics
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1.1.3 Global and China Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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1.1.4 Global and China Benzoxazine Resin Production Value and Growth Rate (2017-2028)
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1.2 Global Benzoxazine Resin Market Size and Growth Rate by Type (2017-2028)
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1.2.1 Bisphenol A Based Resins
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1.2.2 Bisphenol F Based Resins
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1.2.3 Others
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1.3 Global Benzoxazine Resin Market Size and Growth Rate by Application (2017-2028)
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1.3.1 Aerospace & Defense
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1.3.2 Medical
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1.3.3 Electrical & Electronics
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1.3.4 Automotive
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1.3.5 Others
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1.4 Market Analysis by Region
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1.4.1 North America Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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1.4.2 Europe Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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1.4.3 APAC Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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1.4.4 Latin America, Middle East and Africa Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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1.5 Global Benzoxazine Resin Sales Volume, Price, Sales Value, Gross and Gross Margin (2017-2028)
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1.5.1 Global Benzoxazine Resin Sales Volume, Price, Sales Value, Gross and Gross Margin (2017-2028)
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1.6 China Benzoxazine Resin Sales Volume, Price, Sales Value (2017-2028)
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1.6.1 China Benzoxazine Resin Sales Volume, Price, Sales Value (2017-2028)
Chapter 2 Global Benzoxazine Resin Market Trends and Competitive Landscape
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2.1 Market Trends and Dynamics
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2.1.1 Challenges and Restraints
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2.1.2 Opportunities and Potentialities
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2.1.3 Mergers and Acquisitions
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2.2 Competitive Landscape
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2.2.1 Market Concentration Rate Analysis
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2.2.2 Benzoxazine Resin Industry Porter's Five Forces Model Analysis
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2.2.3 Benzoxazine Resin Industry PEST Analysis
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2.3 Benzoxazine Resin Industry Chain Analysis
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2.3.1 Raw Material Supplies
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2.3.2 Benzoxazine Resin Downstream Market Analysis
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2.3.3 Upstream and Downstream Impacts on Benzoxazine Resin Industry
Chapter 3 Global and China Benzoxazine Resin Market, by Manufacturer
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3.1 Global and China Benzoxazine Resin Sales Volume, Sales Value and Market Share, by Manufacturer (2021&2022)
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3.1.1 Global and China Benzoxazine Resin Sales Volume, by Manufacturer (2021&2022)
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3.1.2 Global and China Benzoxazine Resin Sales Value, by Manufacturer (2021&2022)
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3.1.3 Global and China Benzoxazine Resin Market Share, by Manufacturer (2021&2022)
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3.2 SWOT Analysis on Global and China Benzoxazine Resin Market Top 3 Players
Chapter 4 Global and China Benzoxazine Resin Market, by Type (2017-2028)
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4.1 Benzoxazine Resin Market Trend, by Type
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4.2 Global Benzoxazine Resin Sales Volume, Sales Value, Market Share and Price Trend, by Type
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4.2.1 Global Benzoxazine Resin Sales Volume and Market Share, by Type (2017-2028)
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4.2.2 Global Benzoxazine Resin Sales Value and Market Share, by Type (2017-2028)
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4.2.3 Global Benzoxazine Resin Price Trend, by Type (2017-2028)
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4.3 China Benzoxazine Resin Sales Volume, Sales Value, Market Share and Price Trend, by Type
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4.3.1 China Benzoxazine Resin Sales Volume and Market Share, by Type (2017-2028)
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4.3.2 China Benzoxazine Resin Sales Value and Market Share, by Type (2017-2028)
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4.3.3 China Benzoxazine Resin Price Trend, by Type (2017-2028)
Chapter 5 Global and China Benzoxazine Resin Market, by Application (2017-2028)
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5.1 Downstream Market Overview
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5.2 Global Benzoxazine Resin Sales Volume, Sales Value and Market Share, by Application
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5.2.1 Global Benzoxazine Resin Sales Volume and Market Share, by Application (2017-2028)
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5.2.2 Global Benzoxazine Resin Sales Value and Market Share, by Application (2017-2028)
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5.3 China Benzoxazine Resin Sales Volume, Sales Value and Market Share, by Application
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5.3.1 China Benzoxazine Resin Sales Volume and Market Share, by Application (2017-2028)
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5.3.2 China Benzoxazine Resin Sales Value and Market Share, by Application (2017-2028)
Chapter 6 Global Benzoxazine Resin Production, Import, Consumption and Export, by Region (2017-2022)
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6.1 China Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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6.2 North America Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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6.3 Europe Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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6.4 APAC Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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6.5 Latin America, Middle East and Africa Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
Chapter 7 North America Benzoxazine Resin Market Analysis
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7.1 North America Benzoxazine Resin Market, by Type
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7.2 North America Benzoxazine Resin Market, by Application
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7.3 North America Benzoxazine Resin Market Analysis and Forecast, by Country
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7.3.1 United States Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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7.3.2 Canada Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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7.3.3 Mexico Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
Chapter 8 Europe Benzoxazine Resin Market Analysis
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8.1 Europe Benzoxazine Resin Market, by Type
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8.2 Europe Benzoxazine Resin Market, by Application
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8.3 Europe Benzoxazine Resin Market Analysis and Forecast, by Country
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8.3.1 Germany Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.2 UK Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.3 France Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.4 Italy Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.5 Nordic Countries Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.6 Spain Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.7 Belgium Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.8 Poland Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.9 Russia Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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8.3.10 Turkey Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
Chapter 9 APAC Benzoxazine Resin Market Analysis
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9.1 APAC Benzoxazine Resin Market, by Type
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9.2 APAC Benzoxazine Resin Market, by Application
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9.3 APAC Benzoxazine Resin Market Analysis and Forecast, by Country
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9.3.1 China Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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9.3.2 Japan Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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9.3.3 Australia and New Zealand Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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9.3.4 India Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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9.3.5 ASEAN Countries Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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9.3.6 South Korea Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
Chapter 10 Latin America, Middle East and Africa Benzoxazine Resin Market Analysis
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10.1 Latin America, Middle East and Africa Benzoxazine Resin Market, by Type
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10.2 Latin America, Middle East and Africa Benzoxazine Resin Market, by Application
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10.3 Latin America, Middle East and Africa Benzoxazine Resin Market Analysis and Forecast, by Country
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10.3.1 GCC Countries Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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10.3.2 Brazil Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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10.3.3 Nigeria Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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10.3.4 South Africa Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
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10.3.5 Argentina Benzoxazine Resin Sales Volume, Sales Value and Growth Rate (2017-2028)
Chapter 11 Global and China Benzoxazine Resin Company Profiles
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11.1 Huntsman
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11.1.1 Huntsman Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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11.1.2 Huntsman Benzoxazine Resin Product Profiles, Application and Specification
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11.1.3 Huntsman Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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11.2 Bitrez
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11.2.1 Bitrez Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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11.2.2 Bitrez Benzoxazine Resin Product Profiles, Application and Specification
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11.2.3 Bitrez Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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11.3 Kaneka Aerospace (Henkel)
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11.3.1 Kaneka Aerospace (Henkel) Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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11.3.2 Kaneka Aerospace (Henkel) Benzoxazine Resin Product Profiles, Application and Specification
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11.3.3 Kaneka Aerospace (Henkel) Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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11.4 Shikoku Chemicals
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11.4.1 Shikoku Chemicals Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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11.4.2 Shikoku Chemicals Benzoxazine Resin Product Profiles, Application and Specification
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11.4.3 Shikoku Chemicals Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
Chapter 12 Benzoxazine Resin Industry Investment Prospect and Risk Assessment
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12.1 Benzoxazine Resin Industry Investment Prospect Assessment
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12.1.1 Investment Opportunities in Segmented Markets
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12.1.2 Investment Opportunities in Regional Markets
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12.1.3 Investment Opportunities in Subdivided Industries
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12.2 Benzoxazine Resin Industry Investment Risk Assessment
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12.2.1 Competitive Risk Analysis
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12.2.2 Technology Risk Analysis
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12.2.3 Policies and Enterprise System Risk Analysis
List of Tables and Figures
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Figure Global Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure China Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Global Benzoxazine Resin Production Value and Growth Rate (2017-2028)
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Figure China Benzoxazine Resin Production Value and Growth Rate (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Bisphenol A Based Resins (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Bisphenol F Based Resins (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Others (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Aerospace & Defense (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Medical (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Electrical & Electronics (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Automotive (2017-2028)
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Figure Global Benzoxazine Resin Market Size and Growth Rate of Others (2017-2028)
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Figure North America Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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Figure Europe Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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Figure APAC Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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Figure Latin America, Middle East and Africa Benzoxazine Resin Consumption Market Size and Growth Rate (2017-2028)
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Figure Global Benzoxazine Resin Sales Volume, Price, Sales Value, Gross and Gross Margin (2017-2028)
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Figure China Benzoxazine Resin Sales Volume, Price, Sales Value (2017-2028)
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Figure Porter's Five Forces Model Analysis
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Figure Industry PEST Analysis
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Table Global and China Benzoxazine Resin Sales Volume, by Manufacturer (2021&2022)
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Table Global and China Benzoxazine Resin Sales Value, by Manufacturer (2021&2022)
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Table Global and China Benzoxazine Resin Market Share, by Manufacturer (2021&2022)
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Figure Global and China Benzoxazine Resin Market Share, by Manufacturer in 2021
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Figure Global and China Benzoxazine Resin Market Share, by Manufacturer in 2022
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Table Global Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table Global Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure Global Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table Global Benzoxazine Resin Sales Value, by Type (2017-2028)
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Table Global Benzoxazine Resin Sales Value Share, by Type (2017-2028)
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Figure Global Benzoxazine Resin Price Trend, by Type (2017-2028)
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Table China Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table China Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure China Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table China Benzoxazine Resin Sales Value, by Type (2017-2028)
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Table China Benzoxazine Resin Sales Value Share, by Type (2017-2028)
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Figure China Benzoxazine Resin Price Trend, by Type (2017-2028)
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Table Global Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table Global Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure Global Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Table Global Benzoxazine Resin Sales Value, by Application (2017-2028)
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Table Global Benzoxazine Resin Sales Value Share, by Application (2017-2028)
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Figure Global Benzoxazine Resin Sales Value Share, by Application (2017-2028)
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Table China Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table China Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure China Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Table China Benzoxazine Resin Sales Value, by Application (2017-2028)
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Table China Benzoxazine Resin Sales Value Share, by Application (2017-2028)
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Figure China Benzoxazine Resin Sales Value Share, by Application (2017-2028)
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Figure China Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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Figure North America Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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Figure Europe Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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Figure APAC Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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Figure Latin America, Middle East and Africa Benzoxazine Resin Production, Import, Consumption and Export (2017-2022)
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Table North America Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table North America Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure North America Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table North America Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table North America Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure North America Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure United States Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure United States Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Canada Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Canada Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Mexico Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Mexico Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Table Europe Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table Europe Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure Europe Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table Europe Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table Europe Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure Europe Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure Germany Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Germany Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure UK Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure UK Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure France Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure France Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Italy Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Italy Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Nordic Countries Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Nordic Countries Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Spain Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Spain Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Belgium Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Belgium Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Poland Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Poland Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Russia Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Russia Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Turkey Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Turkey Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Table APAC Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table APAC Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure APAC Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table APAC Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table APAC Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure APAC Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure China Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure China Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Japan Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Japan Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Australia and New Zealand Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Australia and New Zealand Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure India Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure India Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure ASEAN Countries Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure ASEAN Countries Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure South Korea Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure South Korea Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Table Latin America, Middle East and Africa Benzoxazine Resin Sales Volume, by Type (2017-2028)
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Table Latin America, Middle East and Africa Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Figure Latin America, Middle East and Africa Benzoxazine Resin Sales Volume Share, by Type (2017-2028)
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Table Latin America, Middle East and Africa Benzoxazine Resin Sales Volume, by Application (2017-2028)
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Table Latin America, Middle East and Africa Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure Latin America, Middle East and Africa Benzoxazine Resin Sales Volume Share, by Application (2017-2028)
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Figure GCC Countries Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure GCC Countries Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Brazil Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Brazil Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Nigeria Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Nigeria Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure South Africa Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure South Africa Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Figure Argentina Benzoxazine Resin Sales Volume and Growth Rate (2017-2028)
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Figure Argentina Benzoxazine Resin Sales Value and Growth Rate (2017-2028)
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Table Huntsman Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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Table Huntsman Product Profiles, Application and Specification
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Table Huntsman Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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Table Bitrez Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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Table Bitrez Product Profiles, Application and Specification
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Table Bitrez Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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Table Kaneka Aerospace (Henkel) Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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Table Kaneka Aerospace (Henkel) Product Profiles, Application and Specification
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Table Kaneka Aerospace (Henkel) Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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Table Shikoku Chemicals Basic Information, Plants Distribution, Sales Region, Competitors and Market Position
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Table Shikoku Chemicals Product Profiles, Application and Specification
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Table Shikoku Chemicals Benzoxazine Resin Sales Volume, Revenue, Price, Gross and Gross Margin (2017-2022)
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