High-Temperature Composite Resin Market
Global High-Temperature Composite Resin Market Size, Share & Trends Analysis Report, by Type (Epoxy, Phenolic, Polyimide, Bismaleimides (BMI), Others), by Manufacturing Process (Layup, Injection Molding, Pultrusion Molding, Filament Winding), by End-User (Aerospace & Defense, Transportation, Electrical & Electronics, Others) and Forecast Period, 2019-2025
The global high-temperature composite resin market is estimated to grow at a CAGR of around 9% during the forecast period. In polymer chemistry and materials science, the resin is a solid or highly viscous substance of plant or synthetic origin that is typically convertible into polymers. Resins are usually mixtures of organic compounds. High-temperature resins are those resins which perform normally at temperatures higher than 150?C. It is thermally stable; it can sustain itself in the 600-1000° C. The high-temperature can be stored and processed at ambient temperature and has high chemical and corrosive resistance.Also, it is environmentally friendly and recyclable.
The use of high-temperature composite resin in aerospace & defense, electrical & electronics, and transportation industry is contributing to the growth of the global high-temperature composite resin market. High-temperature composite resin is used in the automobile and construction industries too. Thermoset high-temperature composite resin BMI and Cyanate ester resins are used mostly in the aerospace & defense industry for its heat resistant property, also it is insoluble and non-melting. BMI resin can be used where operations performed at a temperature of more than 450°C, it is extensively used in missile and engine components, such as nozzle flaps, body flaps for the Space Shuttle, nacelles, and others.
Cyanate ester resins can be used where the temperature may exceed 600°C, it has a less moisture sensitivity and it is used in the optomechanical and spacecraft applications. Thermoplastic high-temperature composite resin epoxy is used extensively in electrical & electronics and construction industries for its damage tolerance property, also for its strong adhesive quality epoxy resin is also used for painting and coating. Moreover phenolic is used largely in many industries for its heat resistant property.
Plaster, alabaster, concrete, latex, and metal are some of the alternatives that are used at a substitute of the high-temperature composite resin. These alternatives, and high manufacturing cost consist of several steps are restraining the growth of the global high-temperature composite resin market. Although the new 3D printing technology is now using high-temperature composite resin to produce complex products and prototypes, this factor is contributing to the future growth of the global high-temperature composite resin industry.
Segmentation
The global high-temperature composite resin market is segmented based on the type, manufacturing process, end-user. Based on the type, the market is segmented into epoxy, phenolic, polyimide, bismaleimides (BMI), and others. Based on the manufacturing process, the market is segmented into a layup, injection molding, pultrusion molding, and filament winding. Based on the end-user, the market is segmented into aerospace & defense, transportation, electrical & electronics, and others.
Bismaleimides (BMI) held a significant share in the type segment
Bismaleimides (BMI) is one of the most commonly used high-temperature composite resin. The key properties of the BMI include low in cost, high production rates, low density, fire-resistant, and electrical insulation insoluble and non-melting, it can be stored ambient temperature and has a high chemical, corrosive resistance, environmentally friendly, and recyclable. BMI is mainly used in the aerospace & defense industry. It can be used where the operating temperature is 450°C. In the aerospace & defense industry, BMI is used mainly to manufacture missile and engine components, such as nozzle flaps, body flaps for the Space Shuttle, nacelles, and others. Such significant application in aerospace & defense is driving the high-temperature composite resin market growth.
Global High-Temperature Composite Resin Market Share by Type, 2018 (%)
Regional Outlook
Geographically, the global high-temperature composite resin market is segmented based on the region including North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The market in North America is anticipated to have a major share among all the regions followed by Asia-Pacific. Rising demand from various end-use industries, such as aerospace, defense, and others are propelling the growth of the market in the region. Asia-Pacific region holds the second largest market share in the global high-temperature composite resin market. Increasing the mechanical and automobile industry in India, China, and Japan is driving the Asia-Pacific high-temperature composite resin market.
Competitive Landscape
The major players that are providing high-temperature composite resin include Huntsman International LLC, Sumitomo Bakelite Co., Ltd., EI du Pont de Nemours & Co., Royal Tencate N.V., Arkema S.A., Lonza AG, Hexcel Corp., Hexion Specialty Chemicals, Inc., Nexam Chemical Holding AB, DIC Corp., and UBE Industries, Ltd., and others. The range of products produced by these companies include GY 250, Quatrex 1010, Tactix 123, GZ 280 X 80, Toray RS-17B, EPON, and others. These players adopt various strategies to expand their business across the globe. For instance, in March 2018, Hexcel entered into a partnership with Arkema to develop thermoplastic high-temperature composite resin, it can be used in the aerospace industry. The company focused on developing thermoplastic carbon fiber-reinforced tapes to serve the aerospace & defense industry.
The Report Covers:
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high-temperature composite resin market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusions
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Arkema S.A.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Toray Industries, Inc. (Royal Tencate N.V.)
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Hexion Specialty Chemicals, Inc
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. E.I. Dupont De Nemours and Company
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Solvay S.A.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.3 Opportunities
5. Market Segmentation
5.1. Global High Temperature Composite Resin Market by Type
5.1.1. Epoxy
5.1.2. Phenolic
5.1.3. Polyimide
5.1.4. Bismaleimides (BMI)
5.1.5. Others
5.2. Global High Temperature Composite Resin Market by Manufacturing Process
5.2.1. Layup
5.2.2. Injection Molding
5.2.3. Pultrusion Molding
5.2.4. Filament Winding
5.2.5. Others
5.3. Global High Temperature Composite Resin Market by End-User
5.3.1. Aerospace and Defense
5.3.2. Transportation
5.3.3. Electrical & Electronics
5.3.4. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Arkema S.A.
7.2. Barrday Corp.
7.3. Celanese Corp.
7.4. De-Comp Composites, Inc.
7.5. DIC Corp.
7.6. EI du Pont de Nemours & Co.
7.7. Hexcel Corp.
7.8. HexionSpecialty Chemicals, Inc.
7.9. Huntsman Corp.
7.10. Hybrid Plastics, Inc.
7.11. Lonza Group
7.12. Maverick Corp.
7.13. Mitsui Chemicals, Inc.
7.14. Nexam Chemical Holding AB
7.15. Performance Polymer Solutions, Inc.
7.16. Raptor Resins, Inc.
7.17. Renegade Materials Corp. (A part of Teijin Ltd.)
7.18. SABIC
7.19. Shikoku Chemicals Corp.
7.20. Solvay S.A.
7.21. Sumitomo Bakelite Co., Ltd.
7.22. UBE Industries, Ltd.
7.23. Toray Industries, Inc. (Royal Tencate N.V.)
1. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($, MILLION)
3. GLOBAL PHENOLIC RESIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL POLYIMIDE RESIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL BMI RESIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL OTHERS RESIN MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY MANUFACTURING PROCESS, 2018-2025 ($ MILLION)
8. GLOBAL LAYUP MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL INJECTION MOLDING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL PULTRUSION MOLDING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL FILAMENT WINDING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
14. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN IN TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN IN ELECTRICAL & ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN
20. HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. NORTH AMERICAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
22. NORTH AMERICAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
23. NORTH AMERICAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY MANUFACTURING PROCESS, 2018-2025 ($ MILLION)
24. EUROPEAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
25. EUROPEAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
26. EUROPEAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
27. EUROPEAN HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY MANUFACTURING PROCESS, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
29. ASIA-PACIFIC HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
30. ASIA-PACIFIC HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
31. ASIA-PACIFIC HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY MANUFACTURING PROCESS, 2018-2025 ($ MILLION)
32. REST OF THE WORLD HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
33. REST OF THE WORLD HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
34. REST OF THE WORLD HIGH TEMPERATURE COMPOSITE RESIN MARKET RESEARCH AND ANALYSIS BY MANUFACTURING PROCESS, 2018-2025 ($ MILLION)
1. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET SHARE BY MANUFACTURING PROCESS, 2018 VS 2025 (%)
3. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL HIGH TEMPERATURE COMPOSITE RESIN MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
7. UK HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC HIGH TEMPERATURE COMPOSITE RESIN MARKET SIZE, 2018-2025 ($ MILLION)
