Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

The Impact of COVID-19 is included in High Temperature Composite Resin Market Report. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry


High Temperature Composite Resin Market Trends and Forecast

The future of the global high temperature resin in the composite material market looks promising with opportunities in the aerospace & defense, pipe & tank and electrical & electronics application market. The global high temperature composite resin market is expected to reach an estimated $1 billion by 2030 with a CAGR of 6% from 2024 to 2030. The major driver for the high temperature composite resin market is increasing demand for thermally stable materials in different end use industries, which requires parts that are lightweight and offer high heat resistance.
  • Lucintel forecasts that pipe and tank will remain the largest end use segment over the forecast period.  Aerospace and defense and is expected to witness the highest growth due to its high mechanical properties such as. reduced vehicle weight translates into better fuel economy lower emissions, and reduce weight by as much as 35% as compared to steel in many applications.
  • Epoxy resin high temperature composite resin will remain the largest resin over the forecast period due to its wide application area in aerospace & defense and pipe and tank.
  • Asia Pacific is expected to remain the largest region over the forecast period due to due to increasing demand and adoption of composite materials in various commercial and military aircraft.
 

High Temperature Composite Resin Market by End Use, Product Type, Product Form, Skin Characteristics, and Gender

Asia Pacific is expected to remain the largest region in the High Temperature Composite Resin Market

  1. United States: Companies like Hexcel and Solvay are driving advancements in high-temperature composite resins for aerospace and defense applications. The government has funded initiatives to enhance materials for extreme environments, aiming to boost the competitiveness of the US in advanced manufacturing.
  2. China: Chinese companies like Huntsman Corporation and Jilin Tangu Carbon Fiber are expanding high-temperature resin production. The government promotes these materials in automotive and high-speed rail projects, aiming to foster innovation and reduce reliance on imports. 
  3. Germany: German firms such as Evonik and BASF lead the market with initiatives in industrial applications. Government programs support the development of high-performance resins for renewable energy projects, enhancing the country's advanced materials sector. 
  4. Japan: Companies like Mitsubishi Chemical Holdings and Toray Industries focus on high-temperature resins for automotive and electronics. The government offers subsidies to promote innovative and sustainable resin solutions, boosting product performance. 
  5. India: Indian companies like Aditya Birla Chemicals are expanding their capabilities in high-temperature resins. The government incentivizes R&D in these materials for infrastructure and automotive sectors, aiming to enhance domestic innovation and production. 

Emerging Trends in the High Temperature Composite Resin Market

Emerging trends, which have a direct impact on the dynamics of the industry, include development of resin system with low volatile organic compound (VOC) and increasing focus on thermoplastic resins.
A total of 134 figures / charts and 97 tables are provided in this 211-page report to help in your business decisions. A sample figure with insights is shown below. 
High Temperature Composite Resin Market by Segments
 

High Temperature Composite Resin Market by Segment

The study includes a forecast for the global high temperature composite resin market by end use, product type, product form, skin characteristics, gender, and region as follows:

High Temperature Composite Resin Market by End Use [Value ($M) and Volume (KT) Shipment Analysis for 2018 – 2030]:

High Temperature Composite Resin Market by Resins [Value ($M) and Volume (KT) Shipment Analysis for 2018 – 2030]:

High Temperature Composite Resin Market by Region [Value ($M) and Volume (KT) Shipment Analysis for 2018 – 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of High Temperature Composite Resin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high temperature composite resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high temperature composite resin companies profiled in this report includes.
  • Solvay Group
  • Hexion Inc.
  • Toray Advance Composites
  • Lonza Group AG
  • Huntsman Corporation
  • Polynt-Reichhold
  • Ashland Inc
  • AOC
  • Swancor Ind. Co Ltd.

Recent Development in the High Temperature Composite Resin Market 

  1. Hexcel Corporation: Hexcel and Arkema have formed a strategic partnership to develop thermoplastic solutions for the aerospace sector, focusing on creating thermoplastic carbon fiber-reinforced tapes for aerospace and defense applications.
  2. GRIP Metal (Canada) and Sumitomo Bakelite Ltd.: These companies have collaborated to provide high-quality composites for aerospace and automotive applications, adding value to projects while offering cost-effective options.
  3. TenCate: TenCate has expanded its Nottingham plant, enhancing its manufacturing capacity to offer new thermoset composite material solutions, thereby supporting market growth.
  4. Saudi Basic Industries Corp. (SABIC): SABIC has introduced a new high-heat resin called Xenoy HTX, aimed at lightweighting vehicles and electronic vehicles, expanding its high-temperature resin offerings for the automotive industry.
  5. Toray Industries (Royal TenCate): Toray Industries is focusing on enhancing its product portfolio to meet the increasing demand for high-temperature composite resins, particularly in the aerospace and defense sectors​.

Features of High Temperature Composite Resin Market

  • Market Size Estimates: High temperature composite resin market size estimation in terms of value ($M) and Volume (kilotons)
  • Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
  • Segmentation Analysis: Market size by end use, resin and region
  • Regional Analysis: High temperature composite resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different end use industry, product type and regions for the high temperature composite resin market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the high temperature composite resin market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the high temperature composite resin market size?
Answer: The global high temperature composite resin market is expected to reach an estimated $1 billion by 2030.      
Q2. What is the growth forecast for high temperature composite resin market?
Answer: The high temperature composite resin market is expected to grow at a CAGR of 6% from 2024 to 2030.         
Q3. What are the major drivers influencing the growth of the high temperature composite resin market?
Answer: The major driver for the high temperature composite resin market is increasing demand for thermally stable materials in different end use industries, which requires parts that are lightweight and offer high heat resistance.
Q4. What are the major applications or end use industries for high temperature composite resin?
Answer: Aerospace & defense and pipe & tank are the major end use for high temperature composite resin. 
Q5. What are the emerging trends in high temperature composite resin market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of resin system with low volatile organic compound (VOC) and increasing focus on thermoplastic resins.
Q6. Who are the key high temperature composite resin companies?
Answer: Some of the key high temperature composite resin companies are as follows:
  • Solvay Group
  • Hexion Inc.
  • Toray Advance Composites
  • Lonza Group AG
  • Huntsman Corporation
  • Polynt-Reichhold
  • Ashland Inc
  • AOC
  • Swancor Ind. Co Ltd.
Q7.Which high temperature composite resin product segment will be the largest in future?
Answer: Lucintel forecasts that epoxy resin high temperature composite resin will remain the largest resin over the forecast period due to its wide application area in aerospace & defense and pipe and tank.
Q8: In high temperature composite resin market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region over next 5 years  
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global high temperature composite resin market by end use (aerospace & defense, pipe & tank, electrical/electronics, and others), resin (epoxy, vinyl ester, phenolic, BMI, cyanate ester, PEEK, others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to high temperature composite resin market or related to High temperature composite resins, high temperature composite resin suppliers, high temperature composite resin manufacturers, high temperature composite resin raw material, high temperature composite resin cost, high temperature composite resin market share, high temperature composite resin market analysis, high temperature composite resin market size, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
                                                                                                   
1. Executive Summary 
 
2. Market Background and Classifications 
2.1: Introduction, Background, and Classifications 
2.2: Supply Chain 
2.3: Industry Drivers and Challenges 
 
3. Market Trends and Forecast Analysis from 2018 to 2030 
3.1: Macroeconomic Trends and Forecasts 
3.2: Global High Temperature Composite Resin Market Trends and Forecast 
3.3: Global High Temperature Composite Resin Market by End Use 
3.3.1: Aerospace & Defense 
3.3.2: Electrical & Electronics 
3.3.3: Pipe & Tank 
3.3.4: Other End Uses 
3.4: Global High Temperature Composite Resin Market by Resin Type 
3.4.1: Epoxy 
3.4.2: Bismaleimide (BMI) 
3.4.3: Phenolic 
3.4.4: Cyanate Ester 
3.4.5: Vinyl Ester (VE) 
3.4.6: Poly Ether Ether Ketone (PEEK) 
3.4.7: Other Resin Types 
 
4. Market Trends and Forecast Analysis from 2018 to 2030 
4.1: Global High Temperature Composite Resin Market by Region 
4.2: North American High Temperature Composite Resin Market Trends and Forecast 
4.2.1: North American High Temperature Composite Resin Market by End Use 
4.2.2: North American High Temperature Composite Resin Market by Resin Type 
4.3: European High Temperature Composite Resin Market Trends and Forecast 
4.3.1: European High Temperature Composite Resin Market by End Use 
4.3.2: European High Temperature Composite Resin Market by Resin Type 
4.4: APAC High Temperature Composite Resin Market Trends and Forecast 
4.4.1: APAC High Temperature Composite Resin Market by End Use 
4.4.2: APAC High Temperature Composite Resin Market by Resin Type 
4.5: ROW High Temperature Composite Resin Market Trends and Forecast 
4.5.1: ROW High Temperature Composite Resin Market by End Use 
4.5.2: ROW High Temperature Composite Resin Market by Resin Type 
 
5. Competitor Analysis 
5.1: Product Portfolio Analysis 
5.2: Operational Integration 
5.3: Geographical Reach 
5.4: Porter’s Five Forces Analysis 
 
6. Growth Opportunities and Strategic Analysis 
6.1: Growth Opportunity Analysis 
6.1.1: Growth Opportunities for the Global High Temperature Composite Resin Market by End Use 
6.1.2: Growth Opportunities for the Global High Temperature Composite Resin Market by Resin Type 
6.1.3: Growth Opportunities for the Global High Temperature Composite Resin Market by Region 
6.2: Emerging Trends in the Global High Temperature Composite Resin Market 
6.3: Strategic Analysis 
6.3.1: New Product Development 
6.3.2: Capacity Expansion of the Global High Temperature Composite Resin Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global High Temperature Composite Resin Market 
 
7. Competitor Analysis 
7.1: Solvay Group 
7.2: Hexion Inc. 
7.3: Toray Advanced Composites 
7.4: Lonza Group AG 
7.5: Huntsman Corporation 
7.6: Polynt-Reichhold 
7.7: Ashland Inc. (INEOS Composites) 
7.8: AOC 
7.9: Swancor Ind. Co Ltd. 
 

.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: High Temperature Composite Resin Market Report: Trends, Forecast and Competitive Analysis [2024-2030] Full Report $ 4,850
134 figures/charts and 97 tables are provided in this 211 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

Please sign in below to get report brochure - High Temperature Composite Resin Market Report.

At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )
Have an Account / Returning Visitors?

Follow us on