The global thermoset molding compound market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for thermoset molding compounds in various applications such as automotive, aerospace, electrical and electronics, and construction & infrastructure sectors. The global phenolic resin segment accounted for the largest share of the overall market in 2018 due to its high performance properties such as high heat resistance and low moisture absorption rate which are suitable for use in various applications such as automotive, aerospace, electrical and electronics, construction & infrastructure sectors. The epoxy resin segment is expected to grow at a CAGR of 5% during the forecast period owing to its excellent chemical resistance properties which make it suitable for use in various applications such as automotive, aerospace and electrical & electronics sectors.
Some Of The Growth Factors Of This Market:
- Thermoset molding compound is a type of thermosetting plastic that is used in the production of molded parts.
- Thermoset molding compound has a high degree of chemical resistance and mechanical strength, which makes it suitable for use in applications such as automotive components, electrical insulation, and medical devices.
- The major drivers for the growth of this market are increasing demand for automotive components due to growing vehicle production globally, increasing demand for electrical insulation due to rising power consumption globally, and increasing demand for medical devices due to aging population worldwide.
- Increasing awareness about environmental issues such as climate change will also drive the growth of this market.
Industry Growth Insights published a new data on “Thermoset Molding Compound Market”. The research report is titled “Thermoset Molding Compound Market research by Types (Phenolic Resin, Epoxy Resin, Polyester Resin, Urea Formaldehyde Resin, Melamine Formaldehyde Resin, Others), By Applications (Automotive, Aerospace, Electrical & Electronics, Others), By Players/Companies Hitachi Chemical Company, Cosmic Plastics, Chang Chun Plastics, Saudi Basic Industries Corporation, Nan Ya Plastics Corporation, Allnex Belgium, Georgia-Pacific Chemicals, Jiangsu Tianxin Chemical, Mitsui Chemicals, Chemiplastica”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoset Molding Compound Market Research Report
By Type
Phenolic Resin, Epoxy Resin, Polyester Resin, Urea Formaldehyde Resin, Melamine Formaldehyde Resin, Others
By Application
Automotive, Aerospace, Electrical & Electronics, Others
By Companies
Hitachi Chemical Company, Cosmic Plastics, Chang Chun Plastics, Saudi Basic Industries Corporation, Nan Ya Plastics Corporation, Allnex Belgium, Georgia-Pacific Chemicals, Jiangsu Tianxin Chemical, Mitsui Chemicals, Chemiplastica
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Thermoset Molding Compound Market Report Segments:
The global Thermoset Molding Compound market is segmented on the basis of:
Types
Phenolic Resin, Epoxy Resin, Polyester Resin, Urea Formaldehyde Resin, Melamine Formaldehyde Resin, 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
Automotive, Aerospace, Electrical & Electronics, 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:
- Hitachi Chemical Company
- Cosmic Plastics
- Chang Chun Plastics
- Saudi Basic Industries Corporation
- Nan Ya Plastics Corporation
- Allnex Belgium
- Georgia-Pacific Chemicals
- Jiangsu Tianxin Chemical
- Mitsui Chemicals
- Chemiplastica
Highlights of The Thermoset Molding Compound 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 Resin
- Epoxy Resin
- Polyester Resin
- Urea Formaldehyde Resin
- Melamine Formaldehyde Resin
- Others
- By Application:
- Automotive
- Aerospace
- Electrical & Electronics
- 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 Thermoset Molding Compound 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
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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?
Thermoset molding compound is a type of plastic that is made from a thermosetting resin. This type of resin forms a permanent bond with the metal powder used to make it, which means that once the mold has been filled with this material, it will not release its shape or form any more.
Some of the major players in the thermoset molding compound market are Hitachi Chemical Company, Cosmic Plastics, Chang Chun Plastics, Saudi Basic Industries Corporation, Nan Ya Plastics Corporation, Allnex Belgium, Georgia-Pacific Chemicals, Jiangsu Tianxin Chemical, Mitsui Chemicals, Chemiplastica.
The thermoset molding compound market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermoset Molding Compound 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. Thermoset Molding Compound Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermoset Molding Compound Market - Supply Chain
4.5. Global Thermoset Molding Compound Market Forecast
4.5.1. Thermoset Molding Compound Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermoset Molding Compound Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermoset Molding Compound Market Absolute $ Opportunity
5. Global Thermoset Molding Compound 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. Thermoset Molding Compound Market Size and Volume Forecast by Type
5.3.1. Phenolic Resin
5.3.2. Epoxy Resin
5.3.3. Polyester Resin
5.3.4. Urea Formaldehyde Resin
5.3.5. Melamine Formaldehyde Resin
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermoset Molding Compound 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. Thermoset Molding Compound Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Electrical & Electronics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermoset Molding Compound 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. Thermoset Molding Compound 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 Thermoset Molding Compound 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. Thermoset Molding Compound 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 Thermoset Molding Compound Demand Share Forecast, 2019-2026
9. North America Thermoset Molding Compound 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 Thermoset Molding Compound 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 Thermoset Molding Compound Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Electrical & Electronics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermoset Molding Compound Market Size and Volume Forecast by Type
9.7.1. Phenolic Resin
9.7.2. Epoxy Resin
9.7.3. Polyester Resin
9.7.4. Urea Formaldehyde Resin
9.7.5. Melamine Formaldehyde Resin
9.7.6. 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 Thermoset Molding Compound Demand Share Forecast, 2019-2026
10. Latin America Thermoset Molding Compound 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 Thermoset Molding Compound 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 Thermoset Molding Compound Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Electrical & Electronics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermoset Molding Compound Market Size and Volume Forecast by Type
10.7.1. Phenolic Resin
10.7.2. Epoxy Resin
10.7.3. Polyester Resin
10.7.4. Urea Formaldehyde Resin
10.7.5. Melamine Formaldehyde Resin
10.7.6. 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 Thermoset Molding Compound Demand Share Forecast, 2019-2026
11. Europe Thermoset Molding Compound 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 Thermoset Molding Compound 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 Thermoset Molding Compound Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Electrical & Electronics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermoset Molding Compound Market Size and Volume Forecast by Type
11.7.1. Phenolic Resin
11.7.2. Epoxy Resin
11.7.3. Polyester Resin
11.7.4. Urea Formaldehyde Resin
11.7.. Melamine Formaldehyde Resin
11.7.6. 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 Thermoset Molding Compound Demand Share, 2019-2026
12. Asia Pacific Thermoset Molding Compound 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 Thermoset Molding Compound 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 Thermoset Molding Compound Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Electrical & Electronics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermoset Molding Compound Market Size and Volume Forecast by Type
12.7.1. Phenolic Resin
12.7.2. Epoxy Resin
12.7.3. Polyester Resin
12.7.4. Urea Formaldehyde Resin
12.7.5. Melamine Formaldehyde Resin
12.7.6. 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 Thermoset Molding Compound Demand Share, 2019-2026
13. Middle East & Africa Thermoset Molding Compound 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 Thermoset Molding Compound 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 Thermoset Molding Compound Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Electrical & Electronics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermoset Molding Compound Market Size and Volume Forecast by Type
13.7.1. Phenolic Resin
13.7.2. Epoxy Resin
13.7.3. Polyester Resin
13.7.4. Urea Formaldehyde Resin
13.7.5. Melamine Formaldehyde Resin
13.7.6. 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 Thermoset Molding Compound Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermoset Molding Compound Market: Market Share Analysis
14.2. Thermoset Molding Compound Distributors and Customers
14.3. Thermoset Molding Compound Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hitachi Chemical Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cosmic Plastics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chang Chun Plastics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saudi Basic Industries Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nan Ya Plastics Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allnex Belgium
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Georgia-Pacific Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Tianxin Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsui Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chemiplastica
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