Market Overview:
Benzoxazine resin is a thermoset polymer that is used in various applications. The global benzoxazine resin market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into bisphenol A based resins and bisphenol F based resins. Bisphenol A based resins are more common than bisphenol F based resins owing to their better properties. On the basis of application, the market can be classified into aerospace & defense, medical, electrical & electronics, automotive, and others. The aerospace & defense sector is expected to account for a major share of the global benzoxazine resin market during the forecast period owing to its growing demand from countries such as China and India.
Product Definition:
Benzoxazine resin is a thermoset polymer that can be used to make composites with high stiffness, low weight, and excellent impact resistance.
Bisphenol A Based Resins:
Bisphenol A (BPA) based resins are synthetic polymers, which are widely used as a monomer in the production of an extensive range of chemicals such as epoxy resins and polycarbonates. BPA is also used to produce dental sealants and linings. The growth factor in the benzoxazine market is due to its use for manufacturing pharmaceuticals, especially drugs that are related to estrogenic activity like birth control pills & others.
Bisphenol F Based Resins:
Bisphenol F (BFO) based resins are synthetic polymers with a high content of functional groups. Bisphenol F resins are used in the production of benzoxazine resin, which is further used to produce adhesives and sealants for automotive interiors and as coatings for furniture.
Application Insights:
Aerospace & defense was the largest application segment in 2016 and is projected to witness a CAGR of XX% from 2017 to 2030. Benzoxazine resins are used for manufacturing aircraft interiors, cabin fittings, seat covers, flooring materials and overhead panels owing to their antibacterial properties. The product has replaced phenolic resins in several applications due to its better mechanical strength and durability over time.
The medical sector accounted for 9% share of the global benzoxazine market revenue in 2016 on account of its wide range of applications including wound dressing material, surgical drapes & gowns as well as catheters & syringes construction among others. The product is an excellent choice for use as surgical sutures owing to superior biodegradability which makes it a preferred material amongst bio-surgeons worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as automotive, electronics, medical, and others. Increasing disposable income coupled with growing population has resulted in increased demand for automobiles which will further boost product consumption across Asia Pacific.
The aerospace & defense industry is one of the significant sectors contributing towards economic growth across North America countries such as U.S., Canada, and Mexico owing to high investments made by these nations for military purposes coupled with space exploration programs undertaken by them globally will have a positive impact on industry expansion over the next eight years.
Europe was valued at USD X million in 2017 owing to presence of major aircraft manufacturers including Airbus S A., Leonardo Helicopters Ltd., AgustaWestland S pA.
Growth Factors:
- Increasing demand for benzoxazine resin in the automotive and aerospace industries due to its excellent mechanical and thermal properties.
- Rising demand from Asia Pacific region due to the growth of end-use industries such as construction, automotive, and electrical & electronics.
- Growing use of benzoxazine resin in wind energy applications owing to its superior thermal stability and low moisture absorption properties.
- Increasing penetration of benzoxazine resin in composites market on account of its high strength-to-weight ratio and chemical resistance properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Benzoxazine Resin Market Research Report
By Type
Bisphenol A Based Resins, Bisphenol F Based Resins, Others
By Application
Aerospace & Defense, Medical, Electrical & Electronics, Automotive, Others
By Companies
Huntsman, Bitrez, Kaneka Aerospace (Henkel), Shikoku Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Benzoxazine Resin Market Report Segments:
The global Benzoxazine Resin market is segmented on the basis of:
Types
Bisphenol A Based Resins, Bisphenol F Based Resins, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Medical, Electrical & Electronics, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huntsman
- Bitrez
- Kaneka Aerospace (Henkel)
- Shikoku Chemicals
Highlights of The Benzoxazine Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bisphenol A Based Resins
- Bisphenol F Based Resins
- Others
- By Application:
- Aerospace & Defense
- Medical
- Electrical & Electronics
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benzoxazine Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benzoxazine resin is a type of plastic that is used in products such as toys, medical devices, and packaging. It is also used to make synthetic rubber.
Some of the major players in the benzoxazine resin market are Huntsman, Bitrez, Kaneka Aerospace (Henkel), Shikoku Chemicals.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Benzoxazine Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Benzoxazine Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Benzoxazine Resin Market - Supply Chain
4.5. Global Benzoxazine Resin Market Forecast
4.5.1. Benzoxazine Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Benzoxazine Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Benzoxazine Resin Market Absolute $ Opportunity
5. Global Benzoxazine Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Benzoxazine Resin Market Size and Volume Forecast by Type
5.3.1. Bisphenol A Based Resins
5.3.2. Bisphenol F Based Resins
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Benzoxazine Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Benzoxazine Resin Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Medical
6.3.3. Electrical & Electronics
6.3.4. Automotive
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Benzoxazine Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Benzoxazine Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Benzoxazine Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Benzoxazine Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Benzoxazine Resin Demand Share Forecast, 2019-2029
9. North America Benzoxazine Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Benzoxazine Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Benzoxazine Resin Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Medical
9.4.3. Electrical & Electronics
9.4.4. Automotive
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Benzoxazine Resin Market Size and Volume Forecast by Type
9.7.1. Bisphenol A Based Resins
9.7.2. Bisphenol F Based Resins
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Benzoxazine Resin Demand Share Forecast, 2019-2029
10. Latin America Benzoxazine Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Benzoxazine Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Benzoxazine Resin Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Medical
10.4.3. Electrical & Electronics
10.4.4. Automotive
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Benzoxazine Resin Market Size and Volume Forecast by Type
10.7.1. Bisphenol A Based Resins
10.7.2. Bisphenol F Based Resins
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Benzoxazine Resin Demand Share Forecast, 2019-2029
11. Europe Benzoxazine Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Benzoxazine Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Benzoxazine Resin Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Medical
11.4.3. Electrical & Electronics
11.4.4. Automotive
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Benzoxazine Resin Market Size and Volume Forecast by Type
11.7.1. Bisphenol A Based Resins
11.7.2. Bisphenol F Based Resins
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Benzoxazine Resin Demand Share, 2019-2029
12. Asia Pacific Benzoxazine Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Benzoxazine Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Benzoxazine Resin Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Medical
12.4.3. Electrical & Electronics
12.4.4. Automotive
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Benzoxazine Resin Market Size and Volume Forecast by Type
12.7.1. Bisphenol A Based Resins
12.7.2. Bisphenol F Based Resins
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Benzoxazine Resin Demand Share, 2019-2029
13. Middle East & Africa Benzoxazine Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Benzoxazine Resin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Benzoxazine Resin Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Medical
13.4.3. Electrical & Electronics
13.4.4. Automotive
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Benzoxazine Resin Market Size and Volume Forecast by Type
13.7.1. Bisphenol A Based Resins
13.7.2. Bisphenol F Based Resins
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Benzoxazine Resin Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Benzoxazine Resin Market: Market Share Analysis
14.2. Benzoxazine Resin Distributors and Customers
14.3. Benzoxazine Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huntsman
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bitrez
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kaneka Aerospace (Henkel)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shikoku Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
