According to a market report by Lucintel, the future of the global thermoset resin in the global composites market is attractive with opportunities in various end use industries, including marine, pipe and tank, construction, transportation, wind energy, aerospace and defense, electrical and electronics, and consumers goods. The thermoset resin in the global composites market is expected to reach an estimated $26 billion by 2035 with a CAGR of 4% from 2025 to 2035. The major drivers for growth in this market are due to the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials.
A more
than 150-page report to understand trends, opportunity and forecast in
thermoset resin in the global composites market to 2035 by end use industry
(marine, pipe and tank, construction, transportation, wind energy, etc.),
manufacturing process (hand lay-up/ spray up, resin infusion, filament winding,
pultrusion, etc.), resin type (polyester, thermoset, epoxy, phenolic,
polyurethane, etc.), and region (North America, Europe, Asia Pacific and Rest
of the World).
Lucintel
forecasts that construction is expected to remain the largest segment by both
value and volume. Expected growth in the infrastructure development,
rehabilitation of old infrastructures, and capital investment in industrial
development are the major driving forces that spur growth for these segments
over the forecast period. Aerospace & defense is expected to witness
highest growth over the forecast period.
Polyester
resin will remain the largest segment by value and volume over the forecast
period because it offers performance benefits for different applications and
also expected to witness the highest growth over the forecast period.
Download
sample by clicking on thermoset
resin in the global composites market.
Asia
Pacific is expected to remain the largest region and it is also expected to
witness highest growth over the forecast period due to growth in end use
industries and increasing demand for lightweight materials
INEOS
Composites (KPS Capital), BASF, Covestro, Huntsman Corporation, Polynt Group,
AOC (Nippon Paint Holdings Co., Ltd), Swancor Ind. Co., Ltd., Hexion Inc.,
Resonac, Sino Polymer Co., Ltd., Scott Bader Co. Ltd. are the major suppliers
in the thermoset resin in the
global composites market.
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. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
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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