Market Overview:
The global high temperature composite resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high temperature composite resins from the aerospace & defense, transportation, and electrical & electronics industries. In terms of type, the phenolic segment is expected to lead the global high temperature composite resin market during the forecast period. This can be attributed to its properties such as good thermal stability and chemical resistance.
Product Definition:
A high temperature composite resin is a material that is used to create composite parts that can withstand high temperatures. These resins are typically made from epoxy or polyester compounds and can be used to create parts for engines, turbines, and other high-temperature applications. The importance of high-temperature composite resins lies in their ability to withstand extreme heat without degradation, providing a more durable part that can function in demanding environments.
Phenolic:
Phenolic resins are natural products extracted from plants and they have a wide range of applications in various industries. Phenolic is a type of antioxidant used to prevent the degradation of composites. Antioxidants delay the oxidation process, thus preventing damage to cells by free radicals.
Epoxy:
Epoxy is a thermosetting polymer, which contains carbon and oxygen. It is manufactured by the reaction of epichlorohydrin with polyols or suberin. The most commonly used epoxy resins are Polyether Ketone (PEEK) and Polyphenylene Sulfide (PPS). Epoxies are widely utilized in high temperature composites as they have good mechanical strength, thermal stability, electrical resistance along with excellent adhesion to metal surfaces.
Application Insights:
Aerospace & defense was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The product is used for manufacturing components that are subject to extreme temperatures, including brakes, engine covers, heat shields and leading edges. These composite resins offer superior strength at a lower weight as compared to metals or alloys, which enables manufacturers to reduce the overall aircraft weight while maintaining high performance standards.
High-temperature composites are also used in military aircraft parts such as flaps and leading/trailing edge panels on fighter planes due to their ability withstand high stress without deformation or cracking. Furthermore, they find applications in marine vessels where they are utilized for manufacturing parts such as propellers and shafts that operate at elevated temperatures without suffering from any damage or wear&tear of the equipment caused by them being made of metal alloys or steel materials.
Regional Analysis:
North America dominated the global high temperature composite resin market in 2016 and accounted for over 30% of the revenue share. The growth is attributed to increasing demand from various end-use industries, such as aerospace & defense, transportation, electrical & electronics. In North America, the U.S.
Asia Pacific is expected to be one of fastest growing markets due to rapid industrialization and urbanization resulting into increased construction activities which will drive product demand over the forecast period.
Europe was valued at USD X million in 2016.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in the aerospace and defense industries is expected to drive the growth of the high temperature composite resin market.
- The increasing use of composites in wind turbines is also projected to boost the demand for high temperature composite resin over the next few years.
- Growing awareness about the benefits of using composites in automotive applications is anticipated to fuel market growth during the forecast period.
- Rising demand from emerging economies, such as China and India, is expected to create new opportunities for players operating in this market over the next few years.
- The increasing use of composites in construction and infrastructure projects is also projected to contribute significantly towards market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Composite Resin Market Research Report
By Type
Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester
By Application
Aerospace & Defense, Transportation, Electrical & Electronics
By Companies
Ashland, BASF, Huntsman, Hexion, Saudi Basic Industries, Polynt, Scott Bader, Reichhold, Bufa Composite Systems, Mader Composites, Nord Composites
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Composite Resin Market Report Segments:
The global High Temperature Composite Resin market is segmented on the basis of:
Types
Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester
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, Transportation, Electrical & Electronics
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:
- Ashland
- BASF
- Huntsman
- Hexion
- Saudi Basic Industries
- Polynt
- Scott Bader
- Reichhold
- Bufa Composite Systems
- Mader Composites
- Nord Composites
Highlights of The High Temperature Composite 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:
- Phenolic
- Epoxy
- Thermoplastic
- Polyimide
- Cyanate Ester
- By Application:
- Aerospace & Defense
- Transportation
- Electrical & Electronics
- 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 High Temperature Composite 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?
High Temperature Composite Resin is a type of composite material that is made up of two or more different types of materials. The most common high temperature composite resins are made up of a plastic and a metal.
Some of the key players operating in the high temperature composite resin market are Ashland, BASF, Huntsman, Hexion, Saudi Basic Industries, Polynt, Scott Bader, Reichhold, Bufa Composite Systems, Mader Composites, Nord Composites.
The high temperature composite resin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Temperature Composite 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. High Temperature Composite Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Temperature Composite Resin Market - Supply Chain
4.5. Global High Temperature Composite Resin Market Forecast
4.5.1. High Temperature Composite Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Temperature Composite Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Temperature Composite Resin Market Absolute $ Opportunity
5. Global High Temperature Composite 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. High Temperature Composite Resin Market Size and Volume Forecast by Type
5.3.1. Phenolic
5.3.2. Epoxy
5.3.3. Thermoplastic
5.3.4. Polyimide
5.3.5. Cyanate Ester
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Temperature Composite 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. High Temperature Composite Resin Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Transportation
6.3.3. Electrical & Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Temperature Composite 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. High Temperature Composite 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 High Temperature Composite 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. High Temperature Composite 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 High Temperature Composite Resin Demand Share Forecast, 2019-2029
9. North America High Temperature Composite 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 High Temperature Composite 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 High Temperature Composite Resin Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Transportation
9.4.3. Electrical & Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Temperature Composite Resin Market Size and Volume Forecast by Type
9.7.1. Phenolic
9.7.2. Epoxy
9.7.3. Thermoplastic
9.7.4. Polyimide
9.7.5. Cyanate Ester
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 High Temperature Composite Resin Demand Share Forecast, 2019-2029
10. Latin America High Temperature Composite 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 High Temperature Composite 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 High Temperature Composite Resin Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Transportation
10.4.3. Electrical & Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Temperature Composite Resin Market Size and Volume Forecast by Type
10.7.1. Phenolic
10.7.2. Epoxy
10.7.3. Thermoplastic
10.7.4. Polyimide
10.7.5. Cyanate Ester
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 High Temperature Composite Resin Demand Share Forecast, 2019-2029
11. Europe High Temperature Composite 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 High Temperature Composite 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 High Temperature Composite Resin Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Transportation
11.4.3. Electrical & Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Temperature Composite Resin Market Size and Volume Forecast by Type
11.7.1. Phenolic
11.7.2. Epoxy
11.7.3. Thermoplastic
11.7.4. Polyimide
11.7.5. Cyanate Ester
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 High Temperature Composite Resin Demand Share, 2019-2029
12. Asia Pacific High Temperature Composite 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 High Temperature Composite 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 High Temperature Composite Resin Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Transportation
12.4.3. Electrical & Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Temperature Composite Resin Market Size and Volume Forecast by Type
12.7.1. Phenolic
12.7.2. Epoxy
12.7.3. Thermoplastic
12.7.4. Polyimide
12.7.5. Cyanate Ester
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 High Temperature Composite Resin Demand Share, 2019-2029
13. Middle East & Africa High Temperature Composite 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 High Temperature Composite 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 High Temperature Composite Resin Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Transportation
13.4.3. Electrical & Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Temperature Composite Resin Market Size and Volume Forecast by Type
13.7.1. Phenolic
13.7.2. Epoxy
13.7.3. Thermoplastic
13.7.4. Polyimide
13.7.5. Cyanate Ester
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 High Temperature Composite Resin Demand Share, 2019-2029
14. Competition Landscape
14.1. Global High Temperature Composite Resin Market: Market Share Analysis
14.2. High Temperature Composite Resin Distributors and Customers
14.3. High Temperature Composite Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huntsman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Saudi Basic Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polynt
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Scott Bader
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reichhold
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bufa Composite Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mader Composites
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nord Composites
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
