High Temperature Composite Resin Market Size Growth, Trends, Demand and Opportunities 2030

High Temperature Composite Resin Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 6, 2024 /EINPresswire.com/ -- This information is provided by Exactitude Consultancy, in its report titled, “High Temperature Composite Resin Market, 2024-2030.”

The global high temperature composite resin market is expected to grow at 9.5 % CAGR from 2024-2030. It is expected to reach above USD 2.48 billion by 2030 from USD 1.09 billion in 2023. High temperature composite resins are produced from thermosetting polymer ingredients. They are generally utilized in applications such as adhesives and sealants. Processes in a variety of sectors, including electrical and electronic, aerospace, and others, are carried out at extremely high temperatures. This necessitates the use of materials that can be used efficiently. High-temperature composite resins are the best choice in these situations. Polyamides, bismaleimides, cyanate esters, epoxy, and phenolic are some of the most often used high temperature composite resins. The rapidly growing aerospace and automotive industries are meeting the surge in need for high-temperature composite resin all over the world. In the face of extreme external conditions and high temperatures, high temperature composite resins function admirably. As a result, they are increasingly being used in composite components in vehicles and planes.

𝐅𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/12072/high-temperature-composite-resin-market/#request-a-sample

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The High Temperature Composite Resin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to High Temperature Composite Resin market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐫𝐞:

Major players in the High Temperature Composite Resin Market are identified through secondary research and their market revenues determined through primary and secondary research are: Huntsman International LLC, Sumitomo Bakelite Co., Ltd., Royal Tencate N.V., Arkema S.A., Lonza AG, Hexcel Corporation, Hexion Inc., Nexam Chemical Holding AB, DIC Corporation, and UBE Industries, Ltd. and Others.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:

In March 2020­, Ube Industries, Ltd., announced to acquire Premium Composite Technology North America, Inc. (PCTNA). This acquisition enables UBE to establish a manufacturing unit in Japan, Thailand, and Spain along with offering auto parts to automakers.

In April 29, 2022, Hexcel will present an array of product innovations for aerospace and urban air mobility customer applications during JEC World 2022 in Paris. These latest innovations demonstrate the company’s leadership in developing advanced composites technology for the aerospace market.

In January 2021, Huntsman Advanced Materials completed the acquisition of gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity.

𝐇𝐢𝐠𝐡 𝐓𝐞𝐦𝐩𝐞𝐫𝐚𝐭𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐨𝐬𝐢𝐭𝐞 𝐑𝐞𝐬𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Global High Temperature Composite Resin Market by Resin Type, 2022-2029, (USD Million) (Kilotons)

Phenolic

Epoxy

Thermoplastic

Polyimide

Cyanate Ester

Global High Temperature Composite Resin Market by Manufacturing Process, 2022-2029, (USD Million) (Kilotons)

Layup

Filament Winding

Injection Molding

Pultrusion

Compression Molding

Others

RTM

Resin Film Infusion

Tube Rolling

Global High Temperature Composite Resin Market by End User Industry, 2022-2029, (USD Million) (Kilotons)

Aerospace & Defense

Transportation

Electrical & Electronics

𝐖𝐡𝐚𝐭`𝐬 𝐍𝐞𝐰?

Special discussions on the global economic climate and market sentiment

Coverage on global competitiveness and key competitor percentage market shares

Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to digital archives and trademarked research platform

Complimentary updates for one year

Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Due to increased demand from the aerospace & defense and transportation industries, the North American region is predicted to be the fastest-growing high temperature composite resin market globally. In this region, particularly in the United States, strict safety requirements have aided the growth of the high temperature composite resin market in the transportation and aerospace & defense application segments. Due to the existence of the world’s leading aircraft manufacturers, Boeing and Lockheed Martin, demand for high temperature composite resin in aerospace and defense is also high. Due to the United States’ large defense budget, the usage of high temperature composite resins in fighter jets is increasing rapidly in the region.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

https://exactitudeconsultancy.com/reports/12072/high-temperature-composite-resin-market/

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

Hexcel and Arkema (France) formed a strategic partnership to develop thermoplastic solutions for the aerospace sector. The firm specializes in creating thermoplastic carbon fiber-reinforced tapes for aerospace and defense applications.

GRIP Metal (Canada) and Sumitomo Bakelite Ltd., joined together to provide high-quality composites for aerospace and automotive applications. The use of thermoset composites may add value to a project while also providing cost-effective options.

TenCate has extended its Nottingham plant. This facility will allow the firm to expand its manufacturing capacity and provide new thermoset composite material solutions.

Saudi Basic Industries Corp. (SABIC) has introduced a new high-heat resin called Xenoy HTX for light-weighting vehicles and electronic vehicles. SABIC has increased its high-temperature resin offering for the automotive industry with this latest introduction. This is projected to boost the market growth for high-temperature composite resins.

𝐀𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭’𝐬 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠:

Direct-To-Consumer High Temperature Composite Resin definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for High Temperature Composite Resin products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global High Temperature Composite Resin market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬:

☑ What does this report covers?

☑ Does this report estimates the current market size?

☑ What are the key Segments offered in this report?

☑ Which market dynamics are covered in this report?

☑ Does this report offer customization?

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫’𝐬 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

𝑺𝒆𝒆𝒌𝒊𝒏𝒈 𝑪𝒐𝒎𝒑𝒓𝒆𝒉𝒆𝒏𝒔𝒊𝒗𝒆 𝑰𝒏𝒕𝒆𝒍𝒍𝒊𝒈𝒆𝒏𝒄𝒆 𝒐𝒏 𝑫𝒊𝒇𝒇𝒆𝒓𝒆𝒏𝒕 𝑴𝒂𝒓𝒌𝒆𝒕𝒔? 𝑮𝒆𝒕 𝒊𝒏 𝒕𝒐𝒖𝒄𝒉 𝒘𝒊𝒕𝒉 𝒐𝒖𝒓 𝒆𝒙𝒑𝒆𝒓𝒕𝒔: 𝑺𝒑𝒆𝒂𝒌 𝒕𝒐 𝒂𝒏 𝑬𝒙𝒑𝒆𝒓𝒕: https://exactitudeconsultancy.com/primary-research/

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐋𝐢𝐧𝐤𝐬:

https://exactitudeconsultancy.com/zh-CN/reports/12072/high-temperature-composite-resin-market/

https://exactitudeconsultancy.com/ko/reports/12072/high-temperature-composite-resin-market/

https://exactitudeconsultancy.com/ja/reports/12072/high-temperature-composite-resin-market/

https://exactitudeconsultancy.com/iw/reports/12072/high-temperature-composite-resin-market/

https://exactitudeconsultancy.com/fr/reports/12072/high-temperature-composite-resin-market/

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐔𝐬:

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