The 2023-2028 World Outlook for High Temperature Composite Resins
This study covers the world outlook for high temperature composite resins across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
In this report we define the sales of high temperature composite resins as including all commonly understood products falling within this broad category, such as nutrition bars with at least 18 grams of protein per bar from whey, soy, or other protein source and which may contain carob, chocolate, added vitamins, or other flavorings or additives, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Arkema, Ashland, Barrday, BASF, Celanese Corporation, Cytec Solvay Group, De-Comp Composites, DIC Corporation, DOW Corning, E. I. Du Pont De Nemours and Company, Evonik Industries, Henkel AG, Hexcel Corporation, Hexion, Huntsman, Hybrid Plastics, Lonza, Maverick, Mitsui Chemicals, Nexam Chemical Holding, Performance Polymer Solutions Inc. (U.S.), Polynt Spa (Polynt Composites USA Inc.), Raptor Resins, Renegade Materials, Royal Ten Cate, SABIC, Shikoku Chemicals, Solvay, Sumitomo Bakelite Company, UBE Industries, and Wacker Chemie. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).
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