According to the recent study the Flame Retardant Resin in the Global Transportation Composites Market is projected to reach an estimated $290 million by 2030 from $250 million in 2023 at a CAGR of 2% from 2023 to 2030. Growth in this market is primarily driven by growing demand for high performance composite materials and the replacement of metals with composites in different end use industries.
Browse 120 figures/charts
and 94 tables in this 177-page report to understand trends, opportunities and
forecast in Flame Retardant Resin in the Global Transportation Composites
market by resin type (epoxy, phenolic, polyester, vinyl ester, and others),
component (interior, exterior, and others), application (automotive and mass
transit), FR and non-FR resin (automotive and mass transit), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
phenolic will remain the largest resin type segment over the forecast period
due to increased awareness of its performance and the increased demand for
lightweight components in the global market.
Automotive will remain
the largest end application segment by value and volume over the forecast
period due to wider use of flame retardant resin in lamp reflectors, air
spoilers, body panels, motors and generators, automotive ignition parts, wire
and cabling system, and electrical components. Mass transit is expected to
witness the highest growth over the forecast period.
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Flame Retardant Resin in the Global
Transportation Composites Market.
Europe is expected to
remain the largest transportation composites market for flame retardant resin,
driven by domestic sales and increased domestic demand for luxury vehicles. ROW
is expected to witness the highest growth over the forecast period.
Hexcel Corporation,
Cytec Solvay Group, Gurit, Toray Industries Inc., SGL, Mitsubishi Rayon, and
Toho Tenax (Teijin) are the major
suppliers in the Flame Retardant Resin in the Global Transportation
Composites providers.
This unique research
report 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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