An exciting new study from the team of Lucintel found that flame retardant resin in the transportation composites market is expected to reach $0.3 billion by 2026 with a CAGR of 4.8%. 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 flame retardant resin in the transportation composites market is segmented based on resin type, application, FR and Non-FR resin and region. In this market, polyester is expected to remain the largest resin, and automotive segment is expected to remain the largest application. Players can benefit from the available opportunities like the domestic sales and higher domestic demand for luxury vehicles have increased.
Growing usage of halogen-free FR composite material with fire-retardancy properties, and emergence of bio base FR prepregs are emerging trends having impact on dynamics of the industry.
Polynt-Reichhold, AOC Aliancys, INEOS, Hexion, and Sumitomo are some of the major players profiled in this 178 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 potential, high-growth opportunities for the global flame retardant resin in the transportation composites market as resin, application, component, and region (North America, Europe, Asia Pacific, and 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 flame retardant resin in the transportation composites market?
Q.4 What are some changing demands of customers in the flame retardant resin in the transportation composites market?
Q.5 What are the new developments in the flame retardant resin in the transportation 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 flame retardant resin in the transportation 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 flame retardant resin in the transportation 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]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.