High Temperature Composite Resin Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation transcript:

High Temperature Composite Resin Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Aerospace & defense, pipe & tank, electrical/electronics, and others Market Segments by Resin Epoxy, vinyl ester, phenolic, BMI, cyanate ester, PEEK, others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies NameHexion, Huntsman, Victrex, Solvay, and Olin and others. Trend Growth Rate and CAGR4.9% Key Industry Forecast The global high temperature composite resin market is expected to reach an estimated $1.1 billion by 2024 with a CAGR of 4.9% from 2019 to Key Industry Driver Driver: Increasing demand for high temperature resistance composites and standardization of materials to withstand certain temperature performance 2

Industry Overview Market Size The global high temperature composite resin market is expected to reach an estimated $1.1 billion by 2024 with a CAGR of 4.9% from 2019 to Emerging trends, which have a direct impact on the dynamics of the high temperature composite resin industry, include development of resin system with low volatile organic compound (VOC) and increasing focus on thermoplastic resins. Market Size (2024)$1.1 billion CAGR ( )4.9% 3 Industry Performance : Forecast