High-Temperature Composite Resin Market
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Global high-temperature composite resin market segmentation by type<br />
manufacturing process forecast to 2023<br />
Global <strong>High</strong>-<strong>Temperature</strong> <strong>Composite</strong> <strong>Resin</strong><br />
<strong>Market</strong> Segmentation by Type Manufacturing<br />
Process Forecast To 2023<br />
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Global high-temperature composite resin market segmentation by type<br />
manufacturing process forecast to 2023<br />
<strong>Market</strong> Overview<br />
Global <strong>High</strong>-<strong>Temperature</strong> <strong>Composite</strong> <strong>Resin</strong> <strong>Market</strong>: Information by Type (Bismaleimides,<br />
Polyimides), Manufacturing Process (Layup, Compression Molding), End-Use Industry<br />
(Aerospace and Defense, Transportation, and Others), and Region—Forecast till 2023. <strong>High</strong>temperature<br />
composite resins are used in applications that require resistance to high<br />
temperatures such as bulkheads, ducting, and ceilings. The growth of the global hightemperature<br />
composite resin market is driven by the increasing demand in major end-use<br />
industries such as aerospace and defense, automotive and transportation, and electrical and<br />
electronics. Some of the commonly used high-temperature composite resins are<br />
bismaleimides, polyimides, cyanate esters, bezoxazines, phenolic, and epoxy. Bismaleimide<br />
resins are the most widely used high-temperature composite resins in various applications<br />
including military and commercial aircraft and helicopters due to their high-temperature<br />
resistance properties. The demand for high-temperature composite resins is driven by the<br />
growing aerospace and defense industry globally. These resins find application in various<br />
parts of aircraft such as engines, ducts, stators, and heat shields. The expanding aviation<br />
industry with the rising demand for commercial aircraft, especially in developing nations, on<br />
account of increasing air traffic and low fuel prices is likely to drive the growth of the hightemperature<br />
composite resin market.<br />
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The consumption of high-temperature composite resins is increasing in various space<br />
applications such as rocket booster cases, fairings and payload doors for launch vehicles,<br />
and buss and solar arrays for military and commercial satellites. The growing aerospace<br />
and defense industry with increasing investments in defense equipment by governments in<br />
nations such as the US, Germany, China, and India to bolster military power is likely to<br />
fuel the demand for high-temperature composite resins.<br />
Segmentation Analysis<br />
The global high-temperature composite resin market has been segmented by type,<br />
manufacturing process, end-use industry, and region. Based on type, the market has been<br />
segmented into bismaleimides, polyimides, cyanate resins, phenolic, epoxy, benzoxazine,<br />
thermoplastic, and others. By manufacturing process, the market has been divided into<br />
layup, injection molding, compression molding, pultrusion, filament winding, resin transfer<br />
molding, and others. On the basis of end-use industry, the market has been segregated into<br />
aerospace and defense, automotive and transportation, electrical and electronics, and<br />
others.<br />
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Global high-temperature composite resin market segmentation by type<br />
Regional Analysis<br />
manufacturing process forecast to 2023<br />
The market in North America accounted for the largest share of the high-temperature<br />
composite resin market in 2017 and is expected to continue its dominance during the<br />
forecast period. This can be attributed to the growing aerospace and defense industry on<br />
account of the increasing production of aircraft to meet global demand. According to the<br />
Aerospace Industries Association (AIA), exports by the US aerospace and defense industry<br />
grew by 26% over five years to reach USD 143 billion in 2017. The market in Asia-Pacific is<br />
expected to be the fastest growing due to the rapidly growing aviation industry in developing<br />
economies such as India, China, and Thailand. Increasing air traffic coupled with the growing<br />
tourism industry in emerging economies has led to a surge in the demand for aircraft, which<br />
is expected to drive the growth of the high-temperature composite resin market. The Latin<br />
American market is expected to witness considerable growth due to the growing aerospace<br />
industry in Brazil and Mexico on account of increased production of commercial jets. The<br />
European market is also expected to grow on account of the expanding aerospace and<br />
defense industry with the presence of key aircraft OEMs such as Dassault Aviation, BAE<br />
Systems, and Airbus Group. Additionally, the reviving automotive industry with increasing<br />
production of hydrogen fuel cell and lightweight vehicles is likely to fuel the demand for hightemperature<br />
composite resins.<br />
Browse the market data and information spread across 140 pages with 47 data tables and<br />
12 figures of the report “Global high-temperature composite resin market<br />
segmentation by type manufacturing process forecast to 2023” in-depth alongside<br />
table of content (TOC) at: https://www.marketresearchfuture.com/reports/hightemperature-composite-resin-market-6352<br />
Key Players and Competition Analysis<br />
Some of the key players in the global high-temperature composite resin market are<br />
Huntsman International LLC (US), Hexcel Corporation (US), Sumitomo Bakelite Co., Ltd<br />
(Japan), Koninklijke Ten Cate BV (Netherlands), Hexlon (US), DIC Corporation (Japan),<br />
Arkema (France), Lonza (Switzerland), UBE Industries, Ltd (Japan), Evonik Industries AG<br />
(Germany), and Celanese Corporation (US).<br />
P a g e | 3 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
Global high-temperature composite resin market segmentation by type<br />
manufacturing process forecast to 2023<br />
P a g e | 4 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
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