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Growth Opportunities for Thermoset Resin Market in the Global Composites Industry

Growth Opportunities for Thermoset Resin Market in the Global Composites Industry

The future of thermoset resin in the global composites industry looks good with opportunities inpipe and tank, construction, electrical/electronics, wind energy, marine, transportation,aerospace/defense, and consumer goods industries. The thermoset resin market in the globalcomposites industry is expected to reach an estimated $13.8 billion by 2021 and it is forecast togrow at a CAGR of 4.4% by value from 2016 to 2021. The major drivers for market growth are theincreasing demand for lightweight materials, and performance benefits of reinforced compositesver rival materials.

In this market, pipe and tank, construction, electrical/electronics, wind energy, marine,transportation, aerospace/defense, and consumer goods are the major end use industries. On thebasis of its comprehensive research, Lucintel forecasts that the aerospace/defense, transportation,and construction segments are expected to show above average growth during the forecast period.

Within the thermoset resin market in the global composites industry, pipe and tank is expected toremain the largest segment by value and construction by volume. Expected growth in theinfrastructure development, rehabilitation of old infrastructures, and capital investment in industrialdevelopment are the major driving forces that spur growth for these segments over the forecastperiod.

For business expansion, Lucintel’s report suggests innovation to achieve higher strength, lowerenvironmental impact, fast curing, and ease of processing. Emerging trends, which have a directimpact on the dynamics of the industry, include development of rapid cure resin systems,emergence of bio based thermosets, and increasing use of Fire, Smoke, and Toxic (FST) resin.

Ashland, DSM, Reichhold, Huntsman, BASF SE, Polynt, AOC, Dow Chemicals, Olin Epoxy, Bayer,and Momentive are among the major suppliers of thermoset resin in the global composites industry.

This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.

This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.

Scope and Features of This Report:

To make critical business, investment, or strategic decisions, you need timely useful information.

This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following:

Market size estimates: Growth opportunities for thermoset resin market in the globalcomposites industry in terms of value ($M) and volume (M lbs.) shipment

Trend and forecast analysis: Thermoset resin market in the global composites industrytrend (2010-2015) and forecast (2016-2021) by region and segment

Segmentation analysis: Thermoset resin market in the global composites industry size from 2010 to 2021 by end use industry, process, and resin type as follows:

Global thermoset resin market in the global composites industry size by end useindustry type:

  • Pipe and Tank
  • Construction
  • Electrical/Electronics
Global Composites Industry Wind Energy
  • Transportation
  • Marine
  • Consumer Goods
  • Aerospace/Defense
  • Others
Global thermoset resin market in the global composites industry size by processtype:
  • Hand Lay-Up/Spray Up
  • Filament Winding
  • Injection molding
  • Compression molding
  • Prepreg Lay-Up
  • Resin Infusion
  • Pultrusion
  • Others
Global thermoset resin market in the global composites industry size by resintype:
  • Polyester
  • Epoxy
  • Vinyl Ester
  • Phenolic
  • Polyurethane
  • Others
Regional analysis: Thermoset resin market in the global composites industry breakdownby key regions of North America, Europe, Asia Pacific, and the Rest of the World Growth opportunities: Analysis of growth opportunities in different end use industry,process and resin, and regions. Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of thermoset resin market in the global composites industrysuppliers. Emerging applications: Emerging applications of the thermoset resin in the globalcomposites industry.Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Industry Background and Classifications
2.1: Introduction
2.2: Industry Classifications
2.2.1: Thermoset Resins in the Global Composite Industry by Process
2.2.2: Thermoset Resin in the Global Composites Industry by Resin
2.2.3: Thermoset Resin in the Global Composite Industry by End Use Industry
2.3: Supply Chain
3. Market Trends and Forecast Analysis
3.1: Market Analysis 2015
3.1.1: Thermoset Resin in the Global Composites Market by End Use Industry
Pipe and Tank
Construction
Electrical and Electronics
Wind Energy
Transportation
Marine
Consumer Goods
Aerospace and Defense
Others
3.1.2: Thermoset Resin Market in the Global Composites Industry by Process
Hand Lay-Up/Spray-Up
Filament Winding
Prepreg Lay-Up
Resin Infusion
Compression Molding
Injection Molding
Pultrusion
Others
3.1.3: Thermoset Resin Market in the Global Composites Industry by Resin
Polyester
Vinyl ester
Epoxy
Phenolic
Polyurethane
Others
3.1.4: Thermoset Resin Market in the Global Composites Industry by Region
North America
Europe
Asia Pacific
Rest of the World
3.2: Market Trends: 2010-2015
3.2.1: Macroeconomic Trends
3.2.2: Thermoset Resin Market Trend in the Global Composites Industry
3.2.3: Industry Drivers and Challenges
Global Composites Industry
3.3: Market Forecast 2016–2021
3.3.1: Macroeconomic Forecast
3.3.2: Thermoset Resin Market Forecast in the Global Composites Industry
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Geographical Reach
4.3: Operational Integration
4.4: Porter’s Five Forces Analysis
5. Growth Opportunities and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for the Thermoset Resin in the Global Composites
Market by End Use Industry
5.1.2: Growth Opportunities for Thermoset Resin Market in the Global
Composites Industry by Resin Type
5.1.3: Growth Opportunities for Thermoset Resin Market in Global Composites
Industry by Process
5.1.4: Growth Opportunities for Thermoset Resin Market in Global Composites
Industry by Region
5.2: Emerging Trends in the Thermoset Resin Market in the Global Composite Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.1: Capacity Expansion in Thermoset Resin Market in Global Composite
Industry
5.3.2: Certification and Licensing
5.3.3: Technology Development
5.3.4: Mergers, Acquisitions and Joint Ventures in the Thermoset Resin Market in
Global Composite Industry
5.4: New Entrants in the Thermoset Resin Market in the Global Composite Industry
6. Company Profiles of Leading Players
6.1: Ashland
6.2: BASF SE
6.3: Huntsman Corporation
6.4: Bayer Material Science
6.5: DSM
6.6: Momentive
6.7: Reichhold
6.8: AOC, LLC
List of Figures
Chapter 2. Industry Background and Classifications
Figure 2.1: Classification of Thermoset Resin Market in the Global Composites Industry
Figure 2.2: Hand Lay-up Process
Figure 2.3: Spray-up Process
Figure 2.4: Resin Transfer Molding Process
Figure 2.5: Vacuum Infusion Process
Figure 2.6: Light Resin Transfer Molding Process
Figure 2.7: Filament Winding Process
Figure 2.8: Pultrusion Process
Figure 2.9: Reaction Injection Molding Manufacturing Process
Figure 2.10: Long Fiber Injection Manufacturing Process
Figure 2.11: Thermoset Resin are Used in Manufacturing of Marine Applications
Figure 2.12: Thermoset Composites Used in Pipe Industry
Figure 2.13: Polyurethane Resin Used in Manufacturing of Tractor Roof Module
Figure 2.14: Thermoset Resin Used in the Construction of Utility Poles
Figure 2.15: Thermoset Resin Used in Wind Blade Manufacturing
Figure 2.16: Composites Seating System in Aircraft
Figure 2.17: Thermoset Resins Used in Ignition Coil
Figure 2.18: Thermoset Resins Used in Fishing Rods
Figure 2.19: Supply Chain of Thermoset Resin Market in the Global Composites Industry
Chapter 3. Market Trends and Forecast Analysis
Figure 3.1: Thermoset Resin ($ Million) Distribution in the Global Composites Market byEnd Use Industry in 2015
Figure 3.2: Thermoset Resin ($ Million) in the Global Composites Market by End UseIndustry in 2015
Figure 3.3: Thermoset Resin (Million Pounds) Distribution in the Global CompositesMarket by End Use Industry in 2015
Figure 3.4: Thermoset Resin (Million Pounds) in the Global Composites Market by EndUse Industry in 2015
Figure 3.5: Thermoset Resin Market (Million Pounds) Distribution in the GlobalComposites Industry by Process in 2015
Figure 3.6: Thermoset Resin Market (Million Pounds) in the Global Composites Industryby Process in 2015
Figure 3.7: Thermoset Resin Market ($ Million) Distribution in the Global CompositesIndustry by Resin Type in 2015
Figure 3.8: Thermoset Resin Market ($ Million) in the Global Composites Industry byResin Type in 2015
Figure 3.9: Thermoset Resin Market (Million Pounds) Distribution in the GlobalComposites Industry by Resin Type in 2015
Figure 3.10: Thermoset Resin Market (Million Pounds) in the Global Composites Industryby Resin in 2015
Figure 3.11: Thermoset Resin Market ($ Million) Distribution in the Global CompositesIndustry by Region in 2015
Figure 3.12: Thermoset Resin Market ($ Million) in the Global Composites Industry byRegion in 2015
Figure 3.13: Thermoset Resin Market (Million Pounds) Distribution in the GlobalComposites Industry by Region in 2015
Figure 3.14: Thermoset Resin Market (Million Pounds) in the Global Composites Industryby Region in 2015
Figure 3.15: Trends of the Global GDP Growth Rate
Figure 3.16: Trends of the Regional GDP Growth Rate
Figure 3.17: Trends of Global Annual Wind Turbine Installations (GW) from 2010 to 2015
Figure 3.18: Trends of Global Automotive Production from 2010 to 2015
Figure 3.19: Trends of Automotive Production by Region from 2010 to 2015
Figure 3.20: Thermoset Resin Market Trend in the Global Composites Industry from 2010to 2015
Figure 3.21: Thermoset Resin ($ Million) Trend in the Global Composites Market by EndUse Industry from 2010 to 2015
Figure 3.22: Year-over-Year Growth Rate in Thermoset Resin ($ Million) in the GlobalComposites Market by End Use Industry from 2014 to 2015
Figure 3.23: CAGR of Thermoset Resin ($ Million) in the Global Composites Market byEnd Use Industry from 2010 to 2015
Figure 3.24: Thermoset Resin (Million Pounds) Trend in the Global Composites Marketby End Use Industry from 2010 to 2015
Figure 3.25: Year-over-Year Growth Rate in Thermoset Resin (Million Pounds) in theGlobal Composites Market by End Use Industry from 2014 to 2015
Figure 3.26: CAGR of Thermoset Resin (Million Pounds) in the Global CompositesMarket by End Use Industry from 2010 to 2015
Figure 3.27: Thermoset Resin Market (Million Pounds) Trend in the Global CompositesIndustry by Process from 2010 to 2015
Figure 3.28: Year-over-Year Growth Rate of the Thermoset Resin Market (MillionPounds) in the Global Composites Industry by Process from 2014 to 2015
Figure 3.29: CAGR of the Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Process from 2010 to 2015
Figure 3.30: Thermoset Resin Market ($ Million) Trend in the Global Composites Industryby Resin Type from 2010 to 2015
Figure 3.31: Year-over-Year Growth Rate of the Thermoset Resin Market ($ Million) inthe Global Composites Industry by Resin Type from 2014 to 2015
Figure 3.32: CAGR of Thermoset Resin Market ($ Million) in the Global CompositesIndustry by Resin Type from 2010 to 2015
Figure 3.33: Thermoset Resin Market (Million Pounds) Trend in the Global CompositesIndustry by Resin Type from 2010 to 2015
Figure 3.34: Year-over-Year Growth Rate of the Thermoset Resin Market (MillionPounds) in the Global Composites Industry by Resin Type from 2014 to 2015
Figure 3.35: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Resin Type from 2010 to 2015
Figure 3.36: Thermoset Resin Market ($ Million) Trend in the Global Composites Industryby Region from 2010 to 2015
Figure 3.37: Year-over-Year Growth Rate of Thermoset Resin Market ($ Million) in theGlobal Composites Industry by Region from 2014 to 2015
Figure 3.38: CAGR of Thermoset Resin Market ($ Million) in the Global CompositesIndustry by Region from 2010 to 2015
Figure 3.39: Thermoset Resin Market (Million Pounds) Trend in the Global CompositesIndustry by Region from 2010 to 2015
Figure 3.40: Year-over-Year Growth Rate of Thermoset Resin Market (Million Pounds) inthe Global Composites Industry by Region from 2014 to 2015
Figure 3.41: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Region from 2010 to 2015
Figure 3.42: Drivers and Challenges of Thermoset Resin Market in the GlobalComposites Industry
Figure 3.43: Forecast for Global GDP Growth Rate
Figure 3.44: Forecast for Regional GDP Growth Rate at Constant Price
Figure 3.45: Forecast for Global Annual Wind Turbine Installation (GW) from 2016 to2021
Figure 3.46: Forecast for the Global Automotive Production from 2016 to 2021
Figure 3.47: Forecast for Automotive Production by Region from 2016 to 2021
Figure 3.48: Thermoset Resin Market in the Global Composites Industry Forecast from2016 to 2021
Figure 3.49: Thermoset Resin ($M) Forecast in the Global Composites Market by EndUse Industry from 2016 to 2021
Figure 3.50: Year-over-Year Growth Rate in Thermoset Resin ($M) in the GlobalComposites Market by End Use Industry from 2015 to 2016
Figure 3.51: CAGR of Thermoset Resin ($M) in the Global Composites Market by EndUse Industry from 2016 to 2021
Figure 3.52: Thermoset Resin Market (Million Pounds) Forecast in the GlobalComposites Industry by End Use Application from 2010 to 2015
Figure 3.53: Year-over-Year Growth Rate of the Thermoset Resin Market (MillionPounds) in the Global Composites Industry by End Use Market Segment from 2015 to2016
Figure 3.54: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by End Use Market Segment from 2016 to 2021
Figure 3.55: Thermoset Resin Market (Million Pounds) Forecast in the GlobalComposites Industry by Process from 2016 to 2021
Figure 3.56: Year-over-Year Growth Rate of Thermoset Resin Market (Million Pounds) inthe Global Composites Industry by Process from 2015 to 2016
Figure 3.57: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Process from 2016 to 2021
Figure 3.58: Thermoset Resin Market ($M) Forecast in the Global Composites Industryby Resin Type from 2016 to 2021
Figure 3.59: Year-over-Year Growth Rate of Thermoset Resin Market ($M) in the GlobalComposites Industry by Resin from 2015 to 2016
Figure 3.60: CAGR of Thermoset Resin Market ($M) in the Global Composites Industryby Resin Type from 2016 to 2021
Figure 3.61: Thermoset Resin Market (Million Pounds) Forecast in the GlobalComposites Industry by Resin Type from 2016 to 2021
Figure 3.62: Year-over-Year Growth Rate of Thermoset Resin Market (Million Pounds) inthe Global Composites Industry by Resin Type from 2015 to 2016
Figure 3.63: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Resin Type from 2016 to 2021
Figure 3.64: Thermoset Resin Market ($M) Forecast in the Global Composites Industryby Region from 2016 to 2021
Figure 3.65: Year-over-Year Growth Rate of Thermoset Resin Market ($M) in the GlobalComposites Industry by Region from 2015 to 2016
Figure 3.66: CAGR of Thermoset Resin Market ($M) in the Global Composites Industryby Region from 2016 to 2021
Figure 3.67: Thermoset Resin Market (Million Pounds) Forecast in the GlobalComposites Industry by Region from 2016 to 2021
Figure 3.68: Year-over-Year Growth Rate of Thermoset Resin Market (Million Pounds) inthe Global Composites Industry by Region from 2015 to 2016
Figure 3.69: CAGR of Thermoset Resin Market (Million Pounds) in the GlobalComposites Industry by Region from 2016 to 2021
Chapter 4. Competitor Analysis
Figure 4.1: Headquarters of Major Thermoset Resin Suppliers in Global CompositeIndustry
Figure 4.2: Porter’s Five Forces Analysis for Thermoset Resin Market in the GlobalComposites Industry
Chapter 5. Growth Opportunities and Strategic Analysis
Figure 5.1: Opportunity for Thermoset Resin in the Global Composites Market by EndUse Industry
Figure 5.2: Opportunity for Thermoset Resin Market in the Global Composites Industry byResin Type
Figure 5.3: Opportunity for Thermoset Resin Market in the Global Composites Industry byProcess
Figure 5.4: Opportunity for Thermoset Resin Market in the Global Composites Industry byRegion
Figure 5.5: Emerging Trends in Thermoset Resin Market in the Global CompositesMarket
Figure 5.6: Strategic Initiatives by Major Competitors in 2015
Figure 5.7: Strategic Initiatives by Major Competitors in 2014
Figure 5.8: Year-over-Year Comparison of Strategic Initiatives by Major Competitors inthe Thermoset Resin Market in the Global Composites Industry
Figure 5.9: New Product Launches in Thermoset Resin Market in the Global CompositesIndustry in 2015
Figure 5.10: New Product Launches in Thermoset Resin Market in the GlobalComposites Industry in 2014
Figure 5.11: Capacity Building by Major Players (2010-2015)
List of Tables
Chapter 1. Executive Summary
Table 1.1: Thermoset Resin Market in the Global Composites Industry: Parameters andAttributes – Materials Perspective
Chapter 2. Industry Background and Classifications
Table 2.1: Advantages and Disadvantages of Thermoset Resin Process in the GlobalComposites Industry
Table 2.2: Advantages and Disadvantages of Thermoset Resin in the Global CompositesIndustry
Chapter 3. Market Trends and Forecast Analysis
Table 3.1: Trends of Thermoset Resin Market in the Global Composites Industry from2010 to 2015
Table 3.2: Average Growth Rates for One, Three, and Five years in the Thermoset ResinMarket for Global Composites Industry in Terms of Shipment Value ($ Million)
Table 3.3: Market Size and 2014 to 2015 Growth Rates of Thermoset Resin in the GlobalComposites Market by End Use Industry in Terms of Value and Volume
Table 3.4: Market Size and Compound Annual Growth Rates (2010 to 2016) ofThermoset Resin in the Global Composites Market by End Use Industry in Terms ofValue and Volume
Table 3.5: Market Size and 2014 to 2015 Growth Rates and CAGR of the ThermosetResin Market in the Global Composites Industry by Process in Terms of Volume
Table 3.6: Market Size and 2014 to 2015 Growth Rates in Various Thermoset Resin Typein the Global Composites Industry in Terms of Value and Volume
Table 3.7: Market Size and Compounded Annual Growth Rates (2010 to 2015) in VariousThermoset Resin Types in the Global Composites Industry in Terms of Value andVolume
Table 3.8: Market Size and 2014 to 2015 Growth Rates of Thermoset Resin Market in the
Global Composites Industry by Region in Terms of Value and Volume
Table 3.9: Market Size and Compound Annual Growth Rates (2010 to 2015) ofThermoset Resin Market in the Global Composites Industry by Region in Terms of Valueand Volume
Table 3.10: Forecast for Thermoset Resin Market in the Global Composites Industry from2016 to 2021
Table 3.11 Average Growth Rates for One, Three, and Five years in Thermoset ResinMarket in the Global Composites Industry in Terms of Shipment Value ($ Million)
Table 3.12: Market Size and 2015 to 2016 Growth Rates of Thermoset Resin in theGlobal Composites Market by End Use Industry in Terms of Value and Volume
Table 3.13: Market Size and Compound Annual Growth Rates (2016 to 2021) ofThermoset Resin in the Global Composites Market by End Use Industry in Terms ofValue and Volume
Table 3.14: Market Size and 2015 to 2016 Growth Rates and CAGR of Thermoset Resin
Market in the Global Composites Industry by Process in Terms of Volume
Table 3.15: Market Size and 2015 to 2016 Growth Rates in Various Resin Types ofThermoset Resin Market in the Global Composites Industry in Terms of Value andVolume
Table 3.16: Market Size and Compound Annual Growth Rates (2016 to 2021) in VariousResin Types of Thermoset Resin Market in the Global Composites Industry in Terms ofValue and Volume
Table 3.17: Market Size and 2015 to 2016 Growth Rates of Thermoset Resin Market in
the Global Composites Industry by Region in Terms of Value and Volume
Table 3.18: Market Size and Compound Annual Growth Rates (2016 to 2021) in VariousRegion of Thermoset Resin Market in the Global Composites Industry in Terms of Valueand Volume
Chapter 4. Competitor Analysis
Table 4.1: Market Presence of Major Suppliers of the Thermoset Resin Market in theGlobal Composites Industry
Table 4.2: Market Presence of Major Suppliers of the Thermoset Resin Market in theGlobal Composites Industry
Table 4.3: Operational Integration of the Thermoset Resin Market in the GlobalComposites Industry
Chapter 5. Growth Opportunities and Strategic Analysis
Table 5.1: New Products Launched by the Major Companies Showing the Applicationsand Benefits of Each Product
Table 5.2: Certifications Acquired by Major Competitors in thermoset Resin Market in theGlobal Composites Industry
Table 5.3: Technological Advancement in Thermoset Resin Market in the GlobalComposites Industry
Table 5.4: New Entrants in Thermoset Resin Market in the Global Composites Industry(2010-2015)

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