Thermoset Composites Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Thermoset Composites Market covers analysis by Manufacturing Process (Lay-Up Process, Filament Winding Process , Injection Molding Process , Pultrusion Process , Other Processes); Fiber Type (Glass, Carbon, Others); Resin Type (Polyester Resin , Vinyl Ester Resin , Epoxy Resin , Other Thermoset Resins); End-Use Industry (Aerospace and Defense , Transportation , Marine , Construction and Infrastructure , Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00006426
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Thermoset composites are manufactured using different kinds of reinforcements. The thermoset composites matrices include epoxies, vinyl esters, polyamide, cyanate esters, polyamides and phenolics. The polymer-based thermoset composites establish a very important class of thermosets for structural applications in automotive, aeronautical, marine and other components. The high specific strength of the thermoset composites proves it to be competitive with metallic materials and used as an alternative for metallic materials.

MARKET DYNAMICS

The thermoset composites market is assumed to grow in the forecast considering the growing use of thermoset composites for the manufacturing of structural composite parts used in aircraft. Increased demand for lightweight materials from the transport industry coupled with the increasing use of thermoset composites by the wind energy industry is estimated to create an upsurge in the thermoset composites market. However, the issues related to the remold ability and recyclability might restrict the growth of the thermoset composites market. On the other hand, the potential opportunities in new applications are likely to showcase growth opportunities for the thermoset composites market during the forecast period.

MARKET SCOPE

The "Global Thermoset Composites Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of thermoset composites market with detailed market segmentation by manufacturing process, fiber type, resin type, end-use industry and geography. The global thermoset composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading crude oil flow improver market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global thermoset composites market is segmented on the basis of manufacturing process, fiber type, resin type and end-use industry. Based on manufacturing process, the market is segmented as lay-up process, filament winding process, injection molding process, pultrusion process and other processes. On the basis of fiber type, the market is segmented as glass, carbon and others. Based on resin type, the market is segmented as polyester resin, vinyl ester resin, epoxy resin and other thermoset resins. Based on end-use industry, the market is segmented as aerospace & defense, transportation, marine, construction & infrastructure and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermoset composites market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The thermoset composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting thermoset composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the thermoset composites market in these regions.

Thermoset Composites Market Report Analysis

Thermoset Composites Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Chongqing Polycomp International Corporation
  • Hexcel Corporation
  • Huntsman International LLC.
  • JEC Group
  • Mitsubishi Chemical Corporation
  • Owens Corning
  • PPG Industries Inc.
  • SGL Carbon
  • Teijin Limited

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Manufacturing Process
  • Lay-Up Process
  • Filament Winding Process
  • Injection Molding Process
  • Pultrusion Process
  • Other Processes
Market Segment By Fiber Type
  • Glass
  • Carbon
Market Segment By Resin Type
  • Polyester Resin
  • Vinyl Ester Resin
  • Epoxy Resin
  • Other Thermoset Resins
Market Segment By End-Use Industry
  • Aerospace and Defense
  • Transportation
  • Marine
  • Construction and Infrastructure
MARKET PLAYERS


The reports cover key developments in the thermoset composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from thermoset composites market are anticipated to lucrative growth opportunities in the future with the rising demand for thermoset composites in the global market. Below mentioned is the list of few companies engaged in the thermoset composites market.

The report also includes the profiles of key thermoset composites companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  •  Chongqing Polycomp International Corporation
  •  Hexcel Corporation
  •  Huntsman International LLC.
  •  JEC Group
  •  Mitsubishi Chemical Corporation
  •  Owens Corning
  •  PPG Industries Inc.
  •  SGL Carbon
  •  Teijin Limited
  •  Toray Industries Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Thermoset Composites Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Manufacturing Process
  • Lay-Up Process
  • Filament Winding Process
  • Injection Molding Process
  • Pultrusion Process
  • Other Processes
By Fiber Type
  • Glass
  • Carbon
By Resin Type
  • Polyester Resin
  • Vinyl Ester Resin
  • Epoxy Resin
  • Other Thermoset Resins
By End-Use Industry
  • Aerospace and Defense
  • Transportation
  • Marine
  • Construction and Infrastructure
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Chongqing Polycomp International Corporation
  • Hexcel Corporation
  • Huntsman International LLC.
  • JEC Group
  • Mitsubishi Chemical Corporation
  • Owens Corning
  • PPG Industries Inc.
  • SGL Carbon
  • Teijin Limited
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

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    The List of Companies

    1. Chongqing Polycomp International Corporation2. Hexcel Corporation3. Huntsman International LLC.4. JEC Group5. Mitsubishi Chemical Corporation6. Owens Corning7. PPG Industries Inc.8. SGL Carbon9. Teijin Limited10. Toray Industries Inc.