The global high-temperature composite resin market is estimated to grow at a CAGR of around 9% during the forecast period. In polymer chemistry and materials science, the resin is a solid or highly viscous substance of plant or synthetic origin that is typically convertible into polymers. Resins are usually mixtures of organic compounds. High-temperature resins are those resins which perform normally at temperatures higher than 150?C. It is thermally stable; it can sustain itself in the 600-1000° C. The high-temperature can be stored and processed at ambient temperature and has high chemical and corrosive resistance.Also, it is environmentally friendly and recyclable.

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The global high-temperature composite resin market is segmented based on the type, manufacturing process, end-user. Based on the type, the market is segmented into epoxy, phenolic, polyimide, bismaleimides (BMI), and others. Based on the manufacturing process, the market is segmented into a layup, injection molding, pultrusion molding, and filament winding. Based on the end-user, the market is segmented into aerospace & defense, transportation, electrical & electronics, and others.

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The use of high-temperature composite resin in aerospace & defense, electrical & electronics, and transportation industry is contributing to the growth of the global high-temperature composite resin market. High-temperature composite resin is used in the automobile and construction industries too. Thermoset high-temperature composite resin BMI and Cyanate ester resins are used mostly in the aerospace & defense industry for its heat resistant property, also it is insoluble and non-melting. BMI resin can be used where operations performed at a temperature of more than 450°C, it is extensively used in missile and engine components, such as nozzle flaps, body flaps for the Space Shuttle, nacelles, and others.

Cyanate ester resins can be used where the temperature may exceed 600°C, it has a less moisture sensitivity and it is used in the optomechanical and spacecraft applications. Thermoplastic high-temperature composite resin epoxy is used extensively in electrical & electronics and construction industries for its damage tolerance property, also for its strong adhesive quality epoxy resin is also used for painting and coating. Moreover phenolic is used largely in many industries for its heat resistant property.

Plaster, alabaster, concrete, latex, and metal are some of the alternatives that are used at a substitute of the high-temperature composite resin. These alternatives, and high manufacturing cost consist of several steps are restraining the growth of the global high-temperature composite resin market. Although the new 3D printing technology is now using high-temperature composite resin to produce complex products and prototypes, this factor is contributing to the future growth of the global high-temperature composite resin industry.

Global High-Temperature Composite Resin Market – Segmentation
by Type
Epoxy
Phenolic
Polyimide
Bismaleimides (BMI)
Others
by Manufacturing Process
Layup
Injection Molding
Pultrusion Molding
Filament Winding
Others
by End-User
Aerospace and Defense
Transportation
Electrical & Electronics
Others
Global High-Temperature Composite Resin Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles

Arkema S.A.
Barrday Corp.
Celanese Corp.
De-Comp Composites, Inc.
DIC Corp.
EI du Pont de Nemours & Co.
Hexcel Corp.
HexionSpecialty Chemicals, Inc.
Huntsman Corp.
Hybrid Plastics, Inc.
Lonza Group
Maverick Corp.
Mitsui Chemicals, Inc.
Nexam Chemical Holding AB
Performance Polymer Solutions, Inc.
Raptor Resins, Inc.
Renegade Materials Corp. (A part of Teijin Ltd.)
SABIC
Shikoku Chemicals Corp.
Solvay S.A.
Sumitomo Bakelite Co., Ltd.
UBE Industries, Ltd.
Toray Industries, Inc. (Royal Tencate N.V.)

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