High Temperature Composite Resin Market 2023: Size, Key Trends, Growth, Price, Review & Share

The global report titled “High Temperature Composite Resin Market” has been presented by ReportsnReports. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market.

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The High Temperature Composite Resin Market is estimated at USD 753.5 Million in 2018 and is projected to reach USD 1,180.8 Million by 2023, at a CAGR of 9.4% during the forecast period.

 

Top Companies Profiled in the High Temperature Composite Resin Market:

  • Huntsman International (US)
  • Hexion (US)
  • Hexcel Corporation (US)
  • Royal TenCate (Netherlands)
  • Sumitomo Bakelite (Japan)
  • Arkema (France)
  • DIC Corporation (Japan)
  • Lonza (Switzerland)
  • Nexam Chemical Holding (Sweden)
  • UBE Industries (Japan)

 

The lay-up molding process is the major composite manufacturing process consuming high temperature composite resins owing to the developed aerospace & defense industry and recovery of the marine industry at the global level.

 

The North American region is expected to be the fastest-growing high temperature composite resin market globally between 2018 and 2023 due to the increased demand from aerospace & defense and transportation industries. Stringent safety regulations in this region, especially in the US., have helped the high temperature composite resin market to grow in the transportation and aerospace & defense application segment.

 

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Table of Contents:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Years Considered for the Study

1.4 Currency

1.5 Unit Considered

1.6 Limitations

1.7 Stakeholders

 

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.1.1 Key Data From Secondary Sources

2.1.2 Primary Data

2.1.2.1 Key Data From Primary Sources

2.1.2.2 Key Industry Insights

2.1.2.3 Breakdown of Primary Interviews

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

2.2.2 Top-Down Approach

2.3 Data Triangulation

2.4 Assumptions

 

3 Executive Summary

 

4 Premium Insights

4.1 Attractive Opportunities in the High Temperature Composite Resin Market

4.2 High Temperature Composite Resin Market, By Resin Type

4.3 High Temperature Composite Resin Market, By Manufacturing Process

4.4 High Temperature Composite Resin Market, By End-Use Industry and Region

4.5 High Temperature Composite Resin Market, By Country

4.6 High Temperature Composite Resin Market Size, By End-Use Industry

 

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Excellent Thermal Performance of High Temperature Composite Resins

5.2.1.2 Increasing Demand for Lightweight Materials From Transportation and Aerospace & Defense Industries

5.2.1.3 Increase in Demand for High Temperature Thermoplastic Resin

5.2.2 Restraints

5.2.2.1 High Cost of High Temperature Composite Resins

5.2.2.2 Recycling-Related Issues

5.2.2.3 Handling and Processing Issues

5.2.3 Opportunities

5.2.3.1 Increasing Demand From Europe and North America to Meet Stringent Regulations

5.2.3.2 Number of Research Programs in Line to Reduce the Cost of High Temperature Composite Resins

5.2.4 Challenges

5.2.4.1 Need for Continuous Improvement in Product Offering

5.2.4.2 Ongoing Global Economic Volatility and Fluctuating Commodity Prices

5.3 Porter’s Five Forces Analysis

5.3.1 Threat of Substitutes

5.3.2 Bargaining Power of Suppliers

5.3.3 Bargaining Power of Buyers

5.3.4 Threat of New Entrants

5.3.5 Intensity of Competitive Rivalry

……And More

 

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