Opportunities for the global flame retardant resin in the E&E composites market to reach $2.8 billion by 2025

According to a new market report published by Lucintel, the future of the global flame retardant resin in the E&E composites market looks good with opportunities in the PCB, electrical enclosure, and electronic component applications. The global flame retardant resin in E&E composites market is expected to reach an estimated $2.8 billion by 2025 with a CAGR of 4.8% from 2020 to 2025. The major drivers for this market are increasing demand for FR-4 PCB laminates in the consumer electronics industry and more stringent fire and safety regulations.

In this market, various resins, such as epoxy, phenolic, and polyester and flame retardant additives are used to manufacture various composites parts for E&E applications. On the basis of comprehensive research, Lucintel forecasts that the epoxy resin will remain the largest segment and it is also expected to witness highest growth over the forecast period due to growing demand for PCB in the consumer electronics and communication industries.

Within this market, PCB laminates will remain the largest application for flame retardant resin and it is also expected to witness highest growth in the forecast period due to increasing demand for PCB in computer and communication and growth in smartphone and display applications.

Asia pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to high production of PCBs in China, Taiwan, Japan, and South Korea.

An emerging trend which has a direct impact on the dynamics of the industry includes the growing usage of halogen free flame retardant resin in PCB manufacturing. Hexion, Olin, Huntsman, Nan Ya Plastics, and Sumitomo Bakelite are the major suppliers in the flame retardant resin in E&E composites market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global flame retardant resin in E&E Composites market by resin, by application, and region, and has come up with a comprehensive research report entitled “Growth Opportunities for the Global Flame Retardant Resin in E&E Composites Market 2020-2025: Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global flame retardant resin in E&E composites market by application, resin, and region as follows:

By Resin type [Volume (M lbs) and Value ($ Million) from 2014 to 2025]:

• Epoxy
• Phenolic
• Polyester
•  Others

By Application [Volume (M lbs) and Value ($ Million) from 2014 to 2025]:

•   PCB Laminates
•   Enclosures
•  Electrical Components
•  Others 

By Region [Volume (M lbs) and Value ($ Million) from 2014 to 2025]:

·       North America

·       Europe

·       APAC

·       ROW

Functions by Application [Value ($ Million) of 2014, 2019, 2020 and, 2025]:

·       PCB Laminates

Ø  FR Resin

Ø  Non-FR Resin

·       Enclosures

Ø  FR Resin

Ø  Non-FR Resin

·       Electrical Components

Ø  FR Resin

Ø  Non-FR Resin

·       Others

Ø  FR Resin

Ø  Non-FR Resin

This 185-page 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 helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market research due diligence and business strategy consulting.

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.

This report answers following 11 key questions:

Q. 1.  How big are the opportunities for global flame retardant resin in the E&E Composites market by resin (Epoxy, Phenolic, Polyester ,and Others), by application (PCB Laminates, Enclosures, Electrical Components and Others) and region(North America, Europe, APAC, ROW)?

Q. 2. Which segments will grow at a faster pace and why?

Q. 3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5. What are the business risks and threats to the market?

Q.6 What are emerging trends in this market and the reasons behind them?

Q.7 What are some changing demands of customers in the market?

Q.8. What are the new developments in the market and which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q. 11. What M&A activity has occurred in the last five years and what has its impact been on the industry?