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Thermosets Market

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<strong>Thermosets</strong> <strong>Market</strong><br />

Zion Research has published a new report titled “<strong>Thermosets</strong> (Phenolic, Epoxy Resins,<br />

Cyanate Esters, Polyester Resins, Polyurethane, Vinyl Ester Resins and Others) <strong>Market</strong> for<br />

Aerospace and Defense, Automotive, Construction, Electrical and Electronics, Chemical<br />

Tanks and Other End Users: Global Industry Perspective, Comprehensive Analysis and<br />

Forecast, 2015 – 2021” According to the report, global demand for thermosets market was<br />

valued at over USD 77.3 Million in 2015, is expected to reach around USD 140.8 Million in<br />

2021 and is anticipated to grow at a CAGR of slightly above 10.5% between 2016 and<br />

2021.<br />

<strong>Thermosets</strong> are materials with rigid and hard properties. When the material is heated above<br />

the melting point and cooled it gets transformed into permanent rigid material which is called<br />

known as thermosets. This process is the solidification of the materials known as curing.<br />

Curing is irreversible process, once the thermosets are formed further heating of thermosets<br />

leads to chemical decomposition. In curing process, small molecules chemically binds<br />

together to form cross linking network structure. <strong>Thermosets</strong> has wide range of mechanical<br />

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