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Thermoset Composites-Global Market Insights and Sales Trends 2024
Synopsis
Thermoset composites, are commonly based on glass, carbon or aramid fibres, usually incorporated with resins such as polyesters, vinyl esters, epoxies or phenolics.
The global Thermoset Composites market size is expected to reach US$ 56430 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoset Composites in various end use industries. The expanding demands from the Transportation, Aerospace & Defense, Sporting Goods and Wind Energy, are propelling Thermoset Composites market. Polyester, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Epoxy segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Thermoset Composites market, driven by demand from China, the second largest economy with some signs of stabilising, the Thermoset Composites market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermoset Composites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermoset Composites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermoset Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoset Composites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermoset Composites covered in this report include Owens Corning, Toray, Jushi Group, Teijin, CPIC, SGL Group, PPG, Huntsman and Hexcel, etc.
The global Thermoset Composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Owens Corning
Toray
Jushi Group
Teijin
CPIC
SGL Group
PPG
Huntsman
Hexcel
Mitsubishi Rayon
Cytec
Reliance Industries
Hexion
Johns Manville
AGY
Global Thermoset Composites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermoset Composites market, Segment by Type:
Polyester
Epoxy
Vinyl Ester
Phenolic
Polyurethane
Others
Global Thermoset Composites market, by Application
Transportation
Aerospace & Defense
Sporting Goods
Wind Energy
Construction & Infrastructure
Pipe & Tank
Marine
Electrical & Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermoset Composites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermoset Composites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Thermoset composites, are commonly based on glass, carbon or aramid fibres, usually incorporated with resins such as polyesters, vinyl esters, epoxies or phenolics.
The global Thermoset Composites market size is expected to reach US$ 56430 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoset Composites in various end use industries. The expanding demands from the Transportation, Aerospace & Defense, Sporting Goods and Wind Energy, are propelling Thermoset Composites market. Polyester, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Epoxy segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Thermoset Composites market, driven by demand from China, the second largest economy with some signs of stabilising, the Thermoset Composites market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermoset Composites, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermoset Composites market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermoset Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoset Composites sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermoset Composites covered in this report include Owens Corning, Toray, Jushi Group, Teijin, CPIC, SGL Group, PPG, Huntsman and Hexcel, etc.
The global Thermoset Composites market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Owens Corning
Toray
Jushi Group
Teijin
CPIC
SGL Group
PPG
Huntsman
Hexcel
Mitsubishi Rayon
Cytec
Reliance Industries
Hexion
Johns Manville
AGY
Global Thermoset Composites market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermoset Composites market, Segment by Type:
Polyester
Epoxy
Vinyl Ester
Phenolic
Polyurethane
Others
Global Thermoset Composites market, by Application
Transportation
Aerospace & Defense
Sporting Goods
Wind Energy
Construction & Infrastructure
Pipe & Tank
Marine
Electrical & Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermoset Composites manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermoset Composites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Thermoset Composites Market Overview
1.1 Thermoset Composites Product Overview
1.2 Thermoset Composites Market Segment by Type
1.2.1 Polyester
1.2.2 Epoxy
1.2.3 Vinyl Ester
1.2.4 Phenolic
1.2.5 Polyurethane
1.2.6 Others
1.3 Global Thermoset Composites Market Size by Type
1.3.1 Global Thermoset Composites Market Size Overview by Type (2018-2029)
1.3.2 Global Thermoset Composites Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thermoset Composites Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thermoset Composites Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thermoset Composites Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thermoset Composites Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thermoset Composites Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thermoset Composites Sales Breakdown by Type (2018-2023)
2 Global Thermoset Composites Market Competition by Company
2.1 Global Top Players by Thermoset Composites Sales (2018-2023)
2.2 Global Top Players by Thermoset Composites Revenue (2018-2023)
2.3 Global Top Players by Thermoset Composites Price (2018-2023)
2.4 Global Top Manufacturers Thermoset Composites Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thermoset Composites Market Competitive Situation and Trends
2.5.1 Thermoset Composites Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thermoset Composites Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Thermoset Composites as of 2022)
2.7 Date of Key Manufacturers Enter into Thermoset Composites Market
2.8 Key Manufacturers Thermoset Composites Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thermoset Composites Status and Outlook by Region
3.1 Global Thermoset Composites Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thermoset Composites Historic Market Size by Region
3.2.1 Global Thermoset Composites Sales in Volume by Region (2018-2023)
3.2.2 Global Thermoset Composites Sales in Value by Region (2018-2023)
3.2.3 Global Thermoset Composites Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thermoset Composites Forecasted Market Size by Region
3.3.1 Global Thermoset Composites Sales in Volume by Region (2024-2029)
3.3.2 Global Thermoset Composites Sales in Value by Region (2024-2029)
3.3.3 Global Thermoset Composites Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thermoset Composites by Application
4.1 Thermoset Composites Market Segment by Application
4.1.1 Transportation
4.1.2 Aerospace & Defense
4.1.3 Sporting Goods
4.1.4 Wind Energy
4.1.5 Construction & Infrastructure
4.1.6 Pipe & Tank
4.1.7 Marine
4.1.8 Electrical & Electronics
4.1.9 Others
4.2 Global Thermoset Composites Market Size by Application
4.2.1 Global Thermoset Composites Market Size Overview by Application (2018-2029)
4.2.2 Global Thermoset Composites Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thermoset Composites Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thermoset Composites Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thermoset Composites Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thermoset Composites Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thermoset Composites Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thermoset Composites Sales Breakdown by Application (2018-2023)
5 North America Thermoset Composites by Country
5.1 North America Thermoset Composites Historic Market Size by Country
5.1.1 North America Thermoset Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thermoset Composites Sales in Volume by Country (2018-2023)
5.1.3 North America Thermoset Composites Sales in Value by Country (2018-2023)
5.2 North America Thermoset Composites Forecasted Market Size by Country
5.2.1 North America Thermoset Composites Sales in Volume by Country (2024-2029)
5.2.2 North America Thermoset Composites Sales in Value by Country (2024-2029)
6 Europe Thermoset Composites by Country
6.1 Europe Thermoset Composites Historic Market Size by Country
6.1.1 Europe Thermoset Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thermoset Composites Sales in Volume by Country (2018-2023)
6.1.3 Europe Thermoset Composites Sales in Value by Country (2018-2023)
6.2 Europe Thermoset Composites Forecasted Market Size by Country
6.2.1 Europe Thermoset Composites Sales in Volume by Country (2024-2029)
6.2.2 Europe Thermoset Composites Sales in Value by Country (2024-2029)
7 Asia-Pacific Thermoset Composites by Region
7.1 Asia-Pacific Thermoset Composites Historic Market Size by Region
7.1.1 Asia-Pacific Thermoset Composites Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thermoset Composites Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thermoset Composites Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thermoset Composites Forecasted Market Size by Region
7.2.1 Asia-Pacific Thermoset Composites Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thermoset Composites Sales in Value by Region (2024-2029)
8 Latin America Thermoset Composites by Country
8.1 Latin America Thermoset Composites Historic Market Size by Country
8.1.1 Latin America Thermoset Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thermoset Composites Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thermoset Composites Sales in Value by Country (2018-2023)
8.2 Latin America Thermoset Composites Forecasted Market Size by Country
8.2.1 Latin America Thermoset Composites Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thermoset Composites Sales in Value by Country (2024-2029)
9 Middle East and Africa Thermoset Composites by Country
9.1 Middle East and Africa Thermoset Composites Historic Market Size by Country
9.1.1 Middle East and Africa Thermoset Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thermoset Composites Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thermoset Composites Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thermoset Composites Forecasted Market Size by Country
9.2.1 Middle East and Africa Thermoset Composites Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thermoset Composites Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Owens Corning
10.1.1 Owens Corning Company Information
10.1.2 Owens Corning Introduction and Business Overview
10.1.3 Owens Corning Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Owens Corning Thermoset Composites Products Offered
10.1.5 Owens Corning Recent Development
10.2 Toray
10.2.1 Toray Company Information
10.2.2 Toray Introduction and Business Overview
10.2.3 Toray Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Toray Thermoset Composites Products Offered
10.2.5 Toray Recent Development
10.3 Jushi Group
10.3.1 Jushi Group Company Information
10.3.2 Jushi Group Introduction and Business Overview
10.3.3 Jushi Group Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Jushi Group Thermoset Composites Products Offered
10.3.5 Jushi Group Recent Development
10.4 Teijin
10.4.1 Teijin Company Information
10.4.2 Teijin Introduction and Business Overview
10.4.3 Teijin Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Teijin Thermoset Composites Products Offered
10.4.5 Teijin Recent Development
10.5 CPIC
10.5.1 CPIC Company Information
10.5.2 CPIC Introduction and Business Overview
10.5.3 CPIC Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CPIC Thermoset Composites Products Offered
10.5.5 CPIC Recent Development
10.6 SGL Group
10.6.1 SGL Group Company Information
10.6.2 SGL Group Introduction and Business Overview
10.6.3 SGL Group Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SGL Group Thermoset Composites Products Offered
10.6.5 SGL Group Recent Development
10.7 PPG
10.7.1 PPG Company Information
10.7.2 PPG Introduction and Business Overview
10.7.3 PPG Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.7.4 PPG Thermoset Composites Products Offered
10.7.5 PPG Recent Development
10.8 Huntsman
10.8.1 Huntsman Company Information
10.8.2 Huntsman Introduction and Business Overview
10.8.3 Huntsman Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Huntsman Thermoset Composites Products Offered
10.8.5 Huntsman Recent Development
10.9 Hexcel
10.9.1 Hexcel Company Information
10.9.2 Hexcel Introduction and Business Overview
10.9.3 Hexcel Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hexcel Thermoset Composites Products Offered
10.9.5 Hexcel Recent Development
10.10 Mitsubishi Rayon
10.10.1 Mitsubishi Rayon Company Information
10.10.2 Mitsubishi Rayon Introduction and Business Overview
10.10.3 Mitsubishi Rayon Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mitsubishi Rayon Thermoset Composites Products Offered
10.10.5 Mitsubishi Rayon Recent Development
10.11 Cytec
10.11.1 Cytec Company Information
10.11.2 Cytec Introduction and Business Overview
10.11.3 Cytec Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Cytec Thermoset Composites Products Offered
10.11.5 Cytec Recent Development
10.12 Reliance Industries
10.12.1 Reliance Industries Company Information
10.12.2 Reliance Industries Introduction and Business Overview
10.12.3 Reliance Industries Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Reliance Industries Thermoset Composites Products Offered
10.12.5 Reliance Industries Recent Development
10.13 Hexion
10.13.1 Hexion Company Information
10.13.2 Hexion Introduction and Business Overview
10.13.3 Hexion Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hexion Thermoset Composites Products Offered
10.13.5 Hexion Recent Development
10.14 Johns Manville
10.14.1 Johns Manville Company Information
10.14.2 Johns Manville Introduction and Business Overview
10.14.3 Johns Manville Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Johns Manville Thermoset Composites Products Offered
10.14.5 Johns Manville Recent Development
10.15 AGY
10.15.1 AGY Company Information
10.15.2 AGY Introduction and Business Overview
10.15.3 AGY Thermoset Composites Sales, Revenue and Gross Margin (2018-2023)
10.15.4 AGY Thermoset Composites Products Offered
10.15.5 AGY Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thermoset Composites Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Thermoset Composites Industrial Chain Analysis
11.4 Thermoset Composites Market Dynamics
11.4.1 Thermoset Composites Industry Trends
11.4.2 Thermoset Composites Market Drivers
11.4.3 Thermoset Composites Market Challenges
11.4.4 Thermoset Composites Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thermoset Composites Distributors
12.3 Thermoset Composites Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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