The US high-temperature composite resin market is anticipated to grow at a considerable CAGR of 8.4% during the forecast period. The increasing applications of composite resins in well-established industries such as automotive, aerospace, electrical, defense among others in the country are anticipated to drive market growth. For instance, the US is home to several numbers of automakers including Ford, Hyundai, Nissan, Toyota, General Motors, Honda, Tesla, Proterra among others. Similarly, the aerospace industry in the US is the largest across the globe as per the International Trade Administration (ITA). Additionally, the rising R&D activities across the country to comply with the changing demand from the end-user such as lightweight material and many more is expected to influence the market shares.
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Furthermore, the increasing trend of smartphones, tablets, including various other electrical & electronic devices is also creating significant growth opportunities for the market. Various players are providing high-temperature composite resin for the electrical and electronic industry across the country such as Hexion Specialty Chemicals Inc., Huntsman Corp., and Lonza AG.
Market Coverage
• The market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Competitive Landscape- Celanese Corp., Hexcel Corp., DuPont De Nemours, Inc., Hexion Specialty Chemicals, Inc., Maverick Molding Company
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Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
US High-Temperature Composite Resin Market Report Segment
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
Company Profiles
• Celanese Corp.
• DuPont De Nemours, Inc.
• Hexcel Corp.
• Hexion Specialty Chemicals, Inc.
• Huntsman Corp.
• Hybrid Plastics, Inc.
• Lonza Group
• Maverick Molding Company
• Raptor Resins Inc.
• Renegade Materials Corp.
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