Thermoset Resin Composites Market Size, Share, and Outlook, 2025 Report- By Type (Polyester, Epoxy, Vinyl ester, Polyurethane), By End-User (Pipe and tank, Construction, Electronical and electronics, Wind energy, Transportation, Marine, Consumer goods, Ae

Thermoset Resin Composites Market Outlook

Thermoset Resin Composites Market Size is forecast to reach $10.2 Billion in 2032 from $8.4 Billion in 2025, at an optimistic growth rate of 2.8% from 2025 to 2032. The robust Thermoset Resin Composites Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Thermoset Resin Composites Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Polyester, Epoxy, Vinyl ester, Polyurethane), By End-User (Pipe and tank, Construction, Electronical and electronics, Wind energy, Transportation, Marine, Consumer goods, Aerospace and Défense). Over 70 tables and charts showcase findings from our latest survey report on Thermoset Resin Composites Markets.

Thermoset Resin Composites Market Insights, 2025: Thermoset Resin Composites: Key Drivers and Opportunities

The thermoset resin composites market is growing due to the material's exceptional strength-to-weight ratio, heat resistance, and dimensional stability, which make it ideal for use in aerospace, automotive, and construction industries. Thermoset resins are cross-linked polymers that cure into a rigid structure when heated, making them ideal for high-performance composite materials that demand structural integrity under extreme conditions. The increasing demand for lightweight, fuel-efficient vehicles, wind energy applications, and sustainable construction materials is driving market expansion. Additionally, the growth of electric vehicles (EVs), which require strong, lightweight materials for battery enclosures and structural components, is creating demand for thermoset resin composites in automotive manufacturing.

Opportunities in the market lie in the development of advanced thermoset resin systems with enhanced fire resistance, chemical resistance, and improved processing characteristics. The rise of recyclable thermoset composites is another growth opportunity, as circular economy principles continue to shape the global manufacturing landscape. Companies that invest in automated production techniques, smart composites, and low-thermal-expansion thermoset systems will gain a competitive edge in the rapidly evolving markets of aerospace and advanced manufacturing.

Five Trends that will define global Thermoset Resin Composites Market in 2025 and Beyond

A closer look at the multi-million global market for Thermoset Resin Composites Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Thermoset Resin Composites Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Thermoset Resin Composites Industry?

The Thermoset Resin Composites Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Thermoset Resin Composites Market Segment Insights

The Thermoset Resin Composites Industry presents strong offers across categories. The analytical report offers forecasts of Thermoset Resin Composites Industry performance across segments and countries. Key segments in the industry include- By Type (Polyester, Epoxy, Vinyl ester, Polyurethane), By End-User (Pipe and tank, Construction, Electronical and electronics, Wind energy, Transportation, Marine, Consumer goods, Aerospace and Défense). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Thermoset Resin Composites Market size outlook is provided for 22 countries across these regions.

Thermoset Resin Composites Industry Value Chain

The chapter identifies potential companies and their operations across the global Thermoset Resin Composites Industry ecosystem. It assists decision-makers in evaluating global Thermoset Resin Composites Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Thermoset Resin Composites Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Thermoset Resin Composites Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Thermoset Resin Composites Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Thermoset Resin Composites Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Thermoset Resin Composites Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Thermoset Resin Composites Market Insights- Executives are most excited about opportunities for the US Thermoset Resin Composites Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Thermoset Resin Composites Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Thermoset Resin Composites Market.

Latin American Thermoset Resin Composites Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Thermoset Resin Composites Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Thermoset Resin Composites Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Thermoset Resin Composites Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Thermoset Resin Composites Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Ashland Global Holdings Inc, BASF SE, Dow Inc, Huntsman Corp, Olin Corp.

Thermoset Resin Composites Market Scope and Segmentation

By Type

Polyester

Epoxy

Vinyl ester

Polyurethane

By End-User

Pipe and tank

Construction

Electronical and electronics

Wind energy

Transportation

Marine

Consumer goods

Aerospace and Défense

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Thermoset Resin Composites Market Research-

Ashland Global Holdings Inc

BASF SE

Dow Inc

Huntsman Corp

Olin Corp

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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