An exciting new study from the team of Lucintel found that thermoset resin in the global composites market is expected to reach $23.9 billion by 2027 with a CAGR of 5.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The thermoset resin in the global composites market is segmented based on end use industry, process, resin, and region. In this market, construction is expected to remain the largest end use, and polyester segment is expected to remain the largest resin. Players can benefit from the available opportunities like growth in end use industries and increasing demand for lightweight materials.
Use of hybrid thermoset resin in many applications are emerging trends having impact on dynamics of the industry.
Ashland Inc. (INEOS), BASF, Covestro, Huntsman Corporation, PolyntReichhold Group, AOC, Swancor Ind. Co., Ltd., Hexion Inc., Showa Denko K.K., Sino Polymer Co., Ltd., Scott Bader Co. Ltd., Allnex are some of the major players profiled in this 224 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the thermoset resin in the global composites market by end use (marine, pipe and tank, construction, transportation, wind energy, aerospace and defense, electrical and electronics, consumers goods, and others), manufacturing process (hand lay-up/ spray up, resin infusion, filament winding, pultrusion, injection molding, compression molding, prepreg lay-up, and others), resin type (polyester, thermoset, epoxy, phenolic, polyurethane, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the thermoset resin in the global composites market?
Q.4 What are some changing demands of customers in the thermoset resin in the global composites market?
Q.5 What are the new developments in the thermoset resin in the global composites market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this thermoset resin in the global composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this thermoset resin in the global composites market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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