High-Temperature Composite Resin Market

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High-Temperature Composite Resin MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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High-Temperature Composite Resin MARKET 2020
High-Temperature Composite Resin Market 2020
Industry Survey, Growth, CompetitiveLandscape
and Forecasts to 2023
The global high-temperature composite resin
market has been segmented by type, manufacturing
process, end-use industry, and region. Based on
type, the market has been divided into
bismaleimides, polyimides, cyanate resins,
phenolic, epoxy, benzoxazine, thermoplastic, and
others. The bismaleimides type segment accounted
for the largest market share in 2017 and is
expected to grow at a significant rate during the
review period. This market growth can be
attributed to increasing use of bismaleimides in
the aerospace industry on account of high thermal
and oxidative stability and good electrical and
mechanical properties.
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High-Temperature Composite Resin MARKET 2020
Market Segmentation On the basis of
manufacturing process, the market has been
segmented into layup, injection molding,
compression molding, pultrusion, filament
winding, resin transfer molding, and others. The
layup manufacturing process is the most widely
used due to its cost-effectiveness. By end-use
industry, the market has been segregated into
aerospace and defense, automotive and
transportation, electrical and electronics, and
others. The aerospace and defense segment
accounted for the largest market share in 2017 on
account of the increasing use of high-temperature
composite resins in engines, ducts, stators, and
heat shields, among others. Enquiry of the
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High-Temperature Composite Resin MARKET 2020
Regional Analysis
Based on region, the high-temperature composite
resin market has been segmented into North
America, Europe, Asia-Pacific, Latin America, and
the Middle East Africa. The market in North
America accounted for the largest share of the
high-temperature composite resin market in 2017
and is expected to continue its dominance in the
coming years on account of increasing investments
in the defense sector. The market in Asia-Pacific
is expected to grow at a considerable rare during
the review period owing to the expanding end-use
industries such as aerospace and defense and
automotive and transportation in India, China,
and South-East Asia. The growing aerospace and
defense industry with the increasing production
of aircraft is likely to drive the growth of the
European high-temperature composite resins market
in the coming years. The markets in Latin America
and the Middle East Africa are likely to
register moderate growth during the review period
as a result of the growing automotive industry
with the increasing demand for passenger vehicles.
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High-Temperature Composite Resin MARKET 2020
Application Major Players in this Research
High-Temperature Composite Resin Market Prominent
Players Some of the key players in the global
high temperature composite resins market are
Huntsman International LLC (US), Lonza
(Switzerland), Hexcel Corporation (US), Evonik
Industries AG (Germany), Koninklijke Ten Cate BV
(Netherlands), Hexlon (US), DIC Corporation
(Japan), Arkema (France), Sumitomo Bakelite Co.,
Ltd (Japan), UBE Industries, Ltd (Japan), and
Celanese Corporation (US).
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