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Thermoset Resin Composites-Global Market Insights and Sales Trends 2024
Synopsis
A thermosetting resin is a prepolymer in a soft solid or viscous state that changes irreversibly into an infusible, insoluble polymer network by curing. Polymer materials may be categorized in a number of comparative ways. Common categories include natural versus synthetic and oil-resistant versus non-oil-resistant.
The global Thermoset Resin Composites market size is expected to reach US$ 11470 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoset Resin Composites in various end use industries. The expanding demands from the Automotive, Machinery Manufacturing, Healthcare and Military Industry, are propelling Thermoset Resin Composites market. Sheet Molding Compound (SMC), 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 Bulk Molding Compound (BMC) segment is estimated at % CAGR for the next seven-year period.
APAC is estimated to contribute the highest revenue share of the thermoset resin composites market during the forecast period. The growth of the market in this region is mainly driven by the increasing need for lightweight vehicles. Developing regions such as China and India are the leading countries in terms of consumption of resin composites in the automobile industry. Moreover, the growth in consumer goods and electronic industries is also driving the growth of this thermoset resin market in APAC.
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 Resin 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 Resin 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 Resin Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoset Resin 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 Resin Composites covered in this report include Ashland, BASF, Huntsman International, Olin Corporation, DowDuPont, AOC, Copps Industries, Dunbar Sales & Manufacturing and Hapco, etc.
The global Thermoset Resin 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:
Ashland
BASF
Huntsman International
Olin Corporation
DowDuPont
AOC
Copps Industries
Dunbar Sales & Manufacturing
Hapco
National Pesticides & Chemicals
Polycast Industries
Polynt
Arkema
Solvay
United Resin
Global Thermoset Resin 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 Resin Composites market, Segment by Type:
Sheet Molding Compound (SMC)
Bulk Molding Compound (BMC)
Global Thermoset Resin Composites market, by Application
Automotive
Machinery Manufacturing
Healthcare
Military Industry
Construction
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 Resin 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 Resin 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.
A thermosetting resin is a prepolymer in a soft solid or viscous state that changes irreversibly into an infusible, insoluble polymer network by curing. Polymer materials may be categorized in a number of comparative ways. Common categories include natural versus synthetic and oil-resistant versus non-oil-resistant.
The global Thermoset Resin Composites market size is expected to reach US$ 11470 million by 2029, growing at a CAGR of 2.5% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoset Resin Composites in various end use industries. The expanding demands from the Automotive, Machinery Manufacturing, Healthcare and Military Industry, are propelling Thermoset Resin Composites market. Sheet Molding Compound (SMC), 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 Bulk Molding Compound (BMC) segment is estimated at % CAGR for the next seven-year period.
APAC is estimated to contribute the highest revenue share of the thermoset resin composites market during the forecast period. The growth of the market in this region is mainly driven by the increasing need for lightweight vehicles. Developing regions such as China and India are the leading countries in terms of consumption of resin composites in the automobile industry. Moreover, the growth in consumer goods and electronic industries is also driving the growth of this thermoset resin market in APAC.
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 Resin 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 Resin 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 Resin Composites market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoset Resin 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 Resin Composites covered in this report include Ashland, BASF, Huntsman International, Olin Corporation, DowDuPont, AOC, Copps Industries, Dunbar Sales & Manufacturing and Hapco, etc.
The global Thermoset Resin 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:
Ashland
BASF
Huntsman International
Olin Corporation
DowDuPont
AOC
Copps Industries
Dunbar Sales & Manufacturing
Hapco
National Pesticides & Chemicals
Polycast Industries
Polynt
Arkema
Solvay
United Resin
Global Thermoset Resin 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 Resin Composites market, Segment by Type:
Sheet Molding Compound (SMC)
Bulk Molding Compound (BMC)
Global Thermoset Resin Composites market, by Application
Automotive
Machinery Manufacturing
Healthcare
Military Industry
Construction
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 Resin 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 Resin 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 Resin Composites Market Overview
1.1 Thermoset Resin Composites Product Overview
1.2 Thermoset Resin Composites Market Segment by Type
1.2.1 Sheet Molding Compound (SMC)
1.2.2 Bulk Molding Compound (BMC)
1.3 Global Thermoset Resin Composites Market Size by Type
1.3.1 Global Thermoset Resin Composites Market Size Overview by Type (2018-2029)
1.3.2 Global Thermoset Resin Composites Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thermoset Resin Composites Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thermoset Resin Composites Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thermoset Resin Composites Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thermoset Resin Composites Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thermoset Resin Composites Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thermoset Resin Composites Sales Breakdown by Type (2018-2023)
2 Global Thermoset Resin Composites Market Competition by Company
2.1 Global Top Players by Thermoset Resin Composites Sales (2018-2023)
2.2 Global Top Players by Thermoset Resin Composites Revenue (2018-2023)
2.3 Global Top Players by Thermoset Resin Composites Price (2018-2023)
2.4 Global Top Manufacturers Thermoset Resin Composites Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thermoset Resin Composites Market Competitive Situation and Trends
2.5.1 Thermoset Resin Composites Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thermoset Resin 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 Resin Composites as of 2022)
2.7 Date of Key Manufacturers Enter into Thermoset Resin Composites Market
2.8 Key Manufacturers Thermoset Resin Composites Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thermoset Resin Composites Status and Outlook by Region
3.1 Global Thermoset Resin Composites Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thermoset Resin Composites Historic Market Size by Region
3.2.1 Global Thermoset Resin Composites Sales in Volume by Region (2018-2023)
3.2.2 Global Thermoset Resin Composites Sales in Value by Region (2018-2023)
3.2.3 Global Thermoset Resin Composites Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thermoset Resin Composites Forecasted Market Size by Region
3.3.1 Global Thermoset Resin Composites Sales in Volume by Region (2024-2029)
3.3.2 Global Thermoset Resin Composites Sales in Value by Region (2024-2029)
3.3.3 Global Thermoset Resin Composites Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thermoset Resin Composites by Application
4.1 Thermoset Resin Composites Market Segment by Application
4.1.1 Automotive
4.1.2 Machinery Manufacturing
4.1.3 Healthcare
4.1.4 Military Industry
4.1.5 Construction
4.1.6 Others
4.2 Global Thermoset Resin Composites Market Size by Application
4.2.1 Global Thermoset Resin Composites Market Size Overview by Application (2018-2029)
4.2.2 Global Thermoset Resin Composites Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thermoset Resin Composites Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thermoset Resin Composites Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thermoset Resin Composites Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thermoset Resin Composites Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thermoset Resin Composites Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thermoset Resin Composites Sales Breakdown by Application (2018-2023)
5 North America Thermoset Resin Composites by Country
5.1 North America Thermoset Resin Composites Historic Market Size by Country
5.1.1 North America Thermoset Resin Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thermoset Resin Composites Sales in Volume by Country (2018-2023)
5.1.3 North America Thermoset Resin Composites Sales in Value by Country (2018-2023)
5.2 North America Thermoset Resin Composites Forecasted Market Size by Country
5.2.1 North America Thermoset Resin Composites Sales in Volume by Country (2024-2029)
5.2.2 North America Thermoset Resin Composites Sales in Value by Country (2024-2029)
6 Europe Thermoset Resin Composites by Country
6.1 Europe Thermoset Resin Composites Historic Market Size by Country
6.1.1 Europe Thermoset Resin Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thermoset Resin Composites Sales in Volume by Country (2018-2023)
6.1.3 Europe Thermoset Resin Composites Sales in Value by Country (2018-2023)
6.2 Europe Thermoset Resin Composites Forecasted Market Size by Country
6.2.1 Europe Thermoset Resin Composites Sales in Volume by Country (2024-2029)
6.2.2 Europe Thermoset Resin Composites Sales in Value by Country (2024-2029)
7 Asia-Pacific Thermoset Resin Composites by Region
7.1 Asia-Pacific Thermoset Resin Composites Historic Market Size by Region
7.1.1 Asia-Pacific Thermoset Resin Composites Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thermoset Resin Composites Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thermoset Resin Composites Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thermoset Resin Composites Forecasted Market Size by Region
7.2.1 Asia-Pacific Thermoset Resin Composites Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thermoset Resin Composites Sales in Value by Region (2024-2029)
8 Latin America Thermoset Resin Composites by Country
8.1 Latin America Thermoset Resin Composites Historic Market Size by Country
8.1.1 Latin America Thermoset Resin Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thermoset Resin Composites Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thermoset Resin Composites Sales in Value by Country (2018-2023)
8.2 Latin America Thermoset Resin Composites Forecasted Market Size by Country
8.2.1 Latin America Thermoset Resin Composites Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thermoset Resin Composites Sales in Value by Country (2024-2029)
9 Middle East and Africa Thermoset Resin Composites by Country
9.1 Middle East and Africa Thermoset Resin Composites Historic Market Size by Country
9.1.1 Middle East and Africa Thermoset Resin Composites Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thermoset Resin Composites Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thermoset Resin Composites Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thermoset Resin Composites Forecasted Market Size by Country
9.2.1 Middle East and Africa Thermoset Resin Composites Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thermoset Resin Composites Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ashland
10.1.1 Ashland Company Information
10.1.2 Ashland Introduction and Business Overview
10.1.3 Ashland Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ashland Thermoset Resin Composites Products Offered
10.1.5 Ashland Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Thermoset Resin Composites Products Offered
10.2.5 BASF Recent Development
10.3 Huntsman International
10.3.1 Huntsman International Company Information
10.3.2 Huntsman International Introduction and Business Overview
10.3.3 Huntsman International Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Huntsman International Thermoset Resin Composites Products Offered
10.3.5 Huntsman International Recent Development
10.4 Olin Corporation
10.4.1 Olin Corporation Company Information
10.4.2 Olin Corporation Introduction and Business Overview
10.4.3 Olin Corporation Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Olin Corporation Thermoset Resin Composites Products Offered
10.4.5 Olin Corporation Recent Development
10.5 DowDuPont
10.5.1 DowDuPont Company Information
10.5.2 DowDuPont Introduction and Business Overview
10.5.3 DowDuPont Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.5.4 DowDuPont Thermoset Resin Composites Products Offered
10.5.5 DowDuPont Recent Development
10.6 AOC
10.6.1 AOC Company Information
10.6.2 AOC Introduction and Business Overview
10.6.3 AOC Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.6.4 AOC Thermoset Resin Composites Products Offered
10.6.5 AOC Recent Development
10.7 Copps Industries
10.7.1 Copps Industries Company Information
10.7.2 Copps Industries Introduction and Business Overview
10.7.3 Copps Industries Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Copps Industries Thermoset Resin Composites Products Offered
10.7.5 Copps Industries Recent Development
10.8 Dunbar Sales & Manufacturing
10.8.1 Dunbar Sales & Manufacturing Company Information
10.8.2 Dunbar Sales & Manufacturing Introduction and Business Overview
10.8.3 Dunbar Sales & Manufacturing Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dunbar Sales & Manufacturing Thermoset Resin Composites Products Offered
10.8.5 Dunbar Sales & Manufacturing Recent Development
10.9 Hapco
10.9.1 Hapco Company Information
10.9.2 Hapco Introduction and Business Overview
10.9.3 Hapco Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hapco Thermoset Resin Composites Products Offered
10.9.5 Hapco Recent Development
10.10 National Pesticides & Chemicals
10.10.1 National Pesticides & Chemicals Company Information
10.10.2 National Pesticides & Chemicals Introduction and Business Overview
10.10.3 National Pesticides & Chemicals Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.10.4 National Pesticides & Chemicals Thermoset Resin Composites Products Offered
10.10.5 National Pesticides & Chemicals Recent Development
10.11 Polycast Industries
10.11.1 Polycast Industries Company Information
10.11.2 Polycast Industries Introduction and Business Overview
10.11.3 Polycast Industries Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Polycast Industries Thermoset Resin Composites Products Offered
10.11.5 Polycast Industries Recent Development
10.12 Polynt
10.12.1 Polynt Company Information
10.12.2 Polynt Introduction and Business Overview
10.12.3 Polynt Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Polynt Thermoset Resin Composites Products Offered
10.12.5 Polynt Recent Development
10.13 Arkema
10.13.1 Arkema Company Information
10.13.2 Arkema Introduction and Business Overview
10.13.3 Arkema Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Arkema Thermoset Resin Composites Products Offered
10.13.5 Arkema Recent Development
10.14 Solvay
10.14.1 Solvay Company Information
10.14.2 Solvay Introduction and Business Overview
10.14.3 Solvay Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Solvay Thermoset Resin Composites Products Offered
10.14.5 Solvay Recent Development
10.15 United Resin
10.15.1 United Resin Company Information
10.15.2 United Resin Introduction and Business Overview
10.15.3 United Resin Thermoset Resin Composites Sales, Revenue and Gross Margin (2018-2023)
10.15.4 United Resin Thermoset Resin Composites Products Offered
10.15.5 United Resin Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thermoset Resin 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 Resin Composites Industrial Chain Analysis
11.4 Thermoset Resin Composites Market Dynamics
11.4.1 Thermoset Resin Composites Industry Trends
11.4.2 Thermoset Resin Composites Market Drivers
11.4.3 Thermoset Resin Composites Market Challenges
11.4.4 Thermoset Resin Composites Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thermoset Resin Composites Distributors
12.3 Thermoset Resin 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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