Market Research Logo

Composite Resin Market by Resin Type (Thermoset and Thermoplastic), by Manufacturing Process (Layup, Injection Molding, Filament Winding, Pultrusion, Compression Molding, RTM, and Others), by Application & by Region - Global Forecasts to 2020

Composite Resin Market by Resin Type (Thermoset and Thermoplastic), by Manufacturing Process (Layup, Injection Molding, Filament Winding, Pultrusion, Compression Molding, RTM, and Others), by Application & by Region - Global Forecasts to 2020

The global composites resin market is estimated at USD 9317.4 million in 2015 and is projected to reach USD 12,885.5 million by 2020, at a CAGR of 5.6% during the period of study. The key strategies adopted by the leading players include new product developments, mergers & acquisitions, expansions, partnerships, agreements, and collaborations with other players in the textile composite landscape to meet the demand from their end users.

Major players operating in the global composite resin market are Reichhold Inc. (U.S.), Huntsman Corporation (U.S.), The Dow Chemical Company (U.S.), BASF SE (Germany), Polynt SpA (Italy), Hexion Inc. (U.S.), Sumitomo Bakelite Company Ltd. (Japan), SABIC (Saudi Arabia), Royal DSM (Netherlands), and so on

Hexion Inc. is one of the leading thermoset resin manufacturers globally. Its product portfolio includes an array of resin products used in manufacturing composites, adhesives, coatings, binders, polymers, etc. The company has focused more on price as compared to its competitors in order to retain business and market leadership. It has also focused on expanding its business internationally for achieving a greater market reach and presence. The company has been focusing on expansions to maintain its leading position in the market. For instance, Hexion expanded its production facility in Itatiba, Brazil. The plant was expanded for the production of epoxy resins for large diameter turbine blades that helped the company to serve the growing wind energy market in South America. This also helped Hexion to enlarge its presence globally.

Royal DSM is another key player operational in the global composite resin market. The company has been focusing on agreements and partnerships. For instance, Royal DSM and CVC Capital Partners, entered into partnership for DSM's activities in polymer intermediates and composite resins through the formation of a new company, NewCo. This partnership helped DSM in further optimizing its product portfolio and reducing its cyclicality. In December 2014, Royal DSM entered into an agreement with Cathay Investments, a distributor of composite resins in the European region, to sell euroresins. This agreement helped DSM to successfully accomplish its growth plans in the field of composite resin.

This report provides a detailed analysis of the composite resin market and segments the same on the basis of resin, manufacturing technology, application, and region. Based on end-use application, the market has been segmented into construction & infrastructure, transportation, electricals & electronics, pipe & tanks, wind energy, marine, aerospace & defense, and others. Based on geography, the market has been segmented into regions, such as North America, Europe, Asia-Pacific and the Rest of the World.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • MARKET SIZE
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table COMPOSITE RESIN MARKET SIZE, 2013–2020
  • PREMIUM INSIGHTS
    • COMPOSITE RESIN MARKET SIZE (VALUE)
    • COMPOSITE RESIN MARKET, BY COMPOSITE MANUFACTURING PROCESS
    • COMPOSITE RESIN MARKET, BY KEY APPLICATION IN APAC
    • COMPOSITES RESIN MARKET, BY GEOGRAPHY
    • COMPOSITE RESIN APPLICATION MARKET SHARE, BY VALUE
    • COMPOSITE RESIN MARKET: DEVELOPING VS. DEVELOPED NATIONS
    • APPLICATION GROWTH MATRIX
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY RESIN TYPE
      • BY COMPOSITE MANUFACTURING PROCESS
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • BURNING ISSUES
      • WINNING IMPERATIVES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF RIVALRY
  • COMPOSITES RESIN MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2013–2020 (KILOTON)
    • THERMOSET COMPOSITE RESIN
      • UNSATURATED POLYESTER RESIN
      • EPOXY RESIN
      • VINYL ESTER RESIN
      • OTHER THERMOSET COMPOSITE RESINS
        • Table THERMOSET COMPOSITE RESIN MARKET SIZE, BY RESIN SUB-TYPE, 2013–2020 (USD MILLION)
        • Table THERMOSET COMPOSITE RESIN MARKET SIZE, BY RESIN SUB-TYPE, 2013–2020 (KILOTON)
        • Table THERMOSET COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
        • Table THERMOSET COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (KILOTON)
    • THERMOPLASTIC COMPOSITES RESIN
      • POLYPROPYLENE (PP) RESIN
      • POLYAMIDE (PA) RESIN
      • OTHER THERMOPLASTIC COMPOSITES RESINS
        • Table THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2013–2020 (USD MILLION)
        • Table THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY RESIN TYPE, 2013–2020 (KILOTON)
        • Table THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
        • Table THERMOPLASTIC COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (KILOTON)
  • COMPOSITE RESIN MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
      • Table COMPOSITE RESIN MARKET SIZE, BY COMPOSITE MANUFACTURING PROCESS, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE, BY COMPOSITES MANUFACTURING PROCESS, 2013–2020 (KILOTON)
    • LAYUP PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN LAYUP PROCESS OF COMPOSITE MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN LAYUP PROCESS, BY REGION, 2013–2020 (KILOTON)
    • FILAMENT WINDING PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN FILAMENT WINDING PROCESS OF COMPOSITE MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN FILAMENT WINDING PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (KILOTON)
    • INJECTION MOLDING PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN INJECTION MOLDING PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN INJECTION MOLDING PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (KILOTON)
    • PULTRUSION PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN PULTRUSION PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN PULTRUSION PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (KILOTON)
    • COMPRESSION MOLDING PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN COMPRESSION MOLDING PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN COMPRESSION MOLDING PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (KILOTON)
    • RESIN TRANSFER MOLDING PROCESS
      • Table COMPOSITE RESIN MARKET SIZE IN RTM PROCESS OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN RTM PROCESS OF COMPOSITES MANAUFACTURING, BY REGION, 2013–2020 (KILOTON)
    • OTHER PROCESSES
      • Table COMPOSITE RESIN MARKET SIZE IN OTHER PROCESSES OF COMPOSITES MANUFACTURING, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN OTHER PROCESSES, BY REGION, 2013–2020 (KILOTON)
  • COMPOSITE RESIN MARKET, BY APPLICATION
    • INTRODUCTION
      • Table COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
    • CONSTRUCTION & INFRASTRUCTURE
      • Table COMPOSITE RESIN MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • TRANSPORTATION
      • AUTOMOTIVE & HEAVY VEHICLES
      • RAILS
        • Table COMPOSITE RESIN MARKET SIZE IN TRANSPORTATION APPLICATION, BY REGION, 2013–2020 (USD MILLION)
        • Table COMPOSITE RESIN MARKET SIZE IN TRANSPORTATION APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • ELECTRICALS & ELECTRONICS
      • Table COMPOSITE RESIN MARKET SIZE IN ELECTRICALS & ELECTRONICS APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN ELECTRICALS & ELECTRONICS APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • PIPES & TANKS
      • Table COMPOSITE RESIN MARKET SIZE IN PIPES & TANKS APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN PIPES & TANKS APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • WIND ENERGY
      • Table GLOBAL WIND ENERGY INSTALLATIONS (2011–2014)
      • Table COMPOSITE RESIN MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN WIND ENERGY APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • MARINE
      • Table COMPOSITE RESIN MARKET SIZE IN MARINE APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN MARINE APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • AEROSPACE & DEFENSE
      • Table ESTIMATED DEMAND AND VALUE FOR NEW AIRPLANES, BY REGION, 2014–2033
      • Table COMPOSITE RESIN MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN AEROSPACE & DEFENSE APPLICATION, BY REGION, 2013–2020 (KILOTON)
    • OTHER APPLICATIONS
      • Table COMPOSITE RESIN MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2013–2020 (KILOTON)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (USD MILLION)
      • Table COMPOSITE RESIN MARKET SIZE, BY REGION, 2013–2020 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
      • Table NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
      • BY COUNTRY
        • Table NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION)
        • Table NORTH AMERICA: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (KILOTON)
    • EUROPE
      • BY APPLICATION
        • Table EUROPE: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
        • Table EUROPE: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
      • BY COUNTRY
        • Table EUROPE: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION)
        • Table EUROPE: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (KILOTON)
    • ASIA-PACIFIC
      • BY APPLICATION
        • Table ASIA-PACIFIC: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
        • Table ASIA-PACIFIC: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
      • BY COUNTRY
        • Table ASIA-PACIFIC: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION)
        • Table ASIA-PACIFIC: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013–2020 (KILOTON)
    • REST OF THE WORLD
      • BY APPLICATION
        • Table ROW: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION)
        • Table ROW: COMPOSITE RESIN MARKET SIZE, BY APPLICATION, 2013–2020 (KILOTON)
      • BY COUNTRY
        • Table ROW: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ROW: COMPOSITE RESIN MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • AGREEMENTS,PARTNERSHIPS, AND COLLABORATIONS ARE THE MOST POPULAR GROWTH STRATEGIES
    • YEARLY MARKET DEVELOPMENTS MATRIX: 2014 WITNESSED THE MAXIMUM DEVELOPMENT
    • HUNTSMAN CORPORATION IS THE MOST ACTIVE PARTICIPANT
    • COMPETITIVE SITUATIONS AND TRENDS
    • AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
      • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
    • EXPANSIONS
      • Table EXPANSIONS
    • ACQUISITIONS
      • Table ACQUISITIONS
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES
  • COMPANY PROFILES
    • INTRODUCTION
    • HUNTSMAN CORPORATION
      • BUSINESS OVERVIEW
      • HUNTSMAN CORPORATION: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HEXION INC.
      • BUSINESS OVERVIEW
      • HEXION INC.: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THE DOW CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ASHLAND INC.
      • BUSINESS OVERVIEW
      • ASHLAND INC.: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS: ASHLAND INC.
      • MNM VIEW
    • SUMITOMO BAKELITE CO.,LTD
      • BUSINESS OVERVIEW
      • SUMITOMO BAKELITE CO.LTD: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCOTT BADER COMPANY LIMITED
      • BUSINESS OVERVIEW
      • SCOTT BADER CO., LTD.: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ROYAL DSM
      • BUSINESS OVERVIEW
      • ROYAL DSM: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS: ROYAL DSM
      • MNM VIEW
    • BASF SE
      • BUSINESS OVERVIEW
      • BASF SE: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • KUKDO CHEMICAL CO.LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALPHA OWENS–CORNING
      • ALPHA OWENS-CORNING (AOC) LLC: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • POLYNT SPA
      • BUSINESS OVERVIEW
      • POLYNT SPA: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAUDI BASIC INDUSTRIES CORPORATION (SABIC)
      • BUSINESS OVERVIEW
      • SABIC: COMPANY SNAPSHOT
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • REICHHOLD LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report