High-temperature Composite Resin Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026


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Transparency Market Research

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High-temperature composite resin is an advanced material that is widely used in the aerospace & defense and transportation industries due to its light weight and high resistance toward extreme heat. It also provides toughness, high strength, and enhanced structural performance to aircraft and automotive parts. High-temperature resins increase the performance of composite parts and improve the parts’ capacity to operate in harsh environmental conditions with extreme heat. Additionally, owing to their better performance under fatigue conditions, manufacturers are widely adopting high-temperature composite resins instead of metals and ceramics in aircraft and automotive parts.

High-temperature Composite Resin Market: Key Segments

The high-temperature composite resin market can be segmented based on type, manufacturing process, end-use industry, and region. Based on type, the high-temperature composite resin market can be classified into phenolic, epoxy, thermoplastic, polyimide, benzoxazine, cyanate ester, others such as BMI and phthalonitriles. Thermoplastic is a leading segment, owing to the wide use of thermoplastics in the manufacture of water bottles, packaging containers, children’s toys, safety glass lenses, etc.. The material is preferred due to its molded shape and unreinforced properties.

In terms of manufacturing process, the high-temperature composite resin market can be categorized into lay-up, filament winding, injection molding, pultrusion, compression molding, and other processes. Lay-up is projected to be a leading segment, owing to the wide range of applications of the process across industries such as aerospace, defense, marine industries, etc.

Based on end-use industry, the high-temperature composite resin market can be divided into aerospace & defense, transportation, electrical & electronics, and others. The aerospace & defense segment is a leading segment, owing to an increase in demand for high-temperature composite resins for engine parts, structures of aircraft, interiors, missiles, and satellites.

High-temperature Composite Resin Market: Market Trends & Developments

The high-temperature composite resin market is expanding at a rapid pace, owing to an increase in demand for lightweight materials in the aerospace & defense and transportation industries. Additionally, superior thermal performance offered by high-temperature composite resins is significantly driving the high-temperature composite resin market. However, the high cost of high-temperature composite resins and recyclability-related issues restrain the high-temperature composite resin market growth. Nevertheless, continuously increasing demand for the product due to the safety norms in Europe and North America and increase in research activities for cost reduction create new opportunities for the high-temperature composite resin market.

High-temperature Composite Resin Market: Regional Outlook

The high-temperature composite resin market in North America accounted for a significant share of the global high-temperature composite resin market, owing to expansion in the aerospace & defense and transportation industries in the region. Additionally, stringent government regulations fuel demand for high-temperature composite resins market. Moreover, the presence of key manufacturers such as Huntsman International LLC, Hexcel Corporation, etc. boosts the high-temperature composite resin market in North America. Europe is a rapidly expanding region of the high-temperature composite resin market, owing to increase in R&D activities in the region. Additionally, funding from the European Commission for high-performance composites for demanding high-temperature applications (HICTAC) fuels the high-temperature composite resin market growth. Asia Pacific is estimates to constitute a prominent high-temperature composite resin market share during the forecast period, owing to expansion in the aerospace & defense industries in emerging economies such as China and India.

High-temperature Composite Resin Market: Key Players

Prominent players in the global high-temperature composite resin market include Huntsman International LLC, Hexcel Corporation, Sumitomo Bakelite Co., Ltd., Royal Tencate N.V., Hexion Inc., DIC Corporation, Arkema S.A., Lonza AG, Nexam Chemical Holding AB, and UBE Industries, Ltd..

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

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  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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