Home » Building & Construction, Business, Manufacturing & Industry, News & Current Affairs, Services » Global Thermosets Market is Anticipated to Reach Around USD 140.8 Million by 2021 – MarketResearchStore.Com
Market Growth – CAGR of 10.5% between 2016-2021, Market Research Store: Leading Research Firm has added latest report on “Thermosets (Phenolic, Epoxy Resins, Cyanate Esters, Polyester Resins, Polyurethane, Vinyl Ester Resins and Others) Market for Aerospace and Defense, Automotive, Construction, Electrical and Electronics, Chemical Tanks and Other End Users: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”.

Zion Research has published a new report titled “Thermosets (Phenolic, Epoxy Resins, Cyanate Esters, Polyester Resins, Polyurethane, Vinyl Ester Resins and Others) Market for Aerospace and Defense, Automotive, Construction, Electrical and Electronics, Chemical Tanks and Other End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” According to the report, global demand for thermosets market was valued at over USD  77.3 Million in 2015, is expected to reach around  USD 140.8 Million in 2021 and is anticipated to grow at a CAGR of slightly above 10.5% between 2016 and 2021.

Thermosets are materials with rigid and hard properties. When the material is heated above the melting point and cooled it gets transformed into permanent rigid material which is called known as thermosets. This process is the solidification of the materials known as curing. Curing is irreversible process, once the thermosets are formed further heating of thermosets leads to chemical decomposition. In curing process, small molecules chemically binds together to form cross linking network structure. Thermosets has wide range of mechanical properties like compressive strength, tensile strength and hardness due to temperature independent nature.

Browse the full Thermosets (Phenolic, Epoxy Resins, Cyanate Esters, Polyester Resins, Polyurethane, Vinyl Ester Resins and Others) Market for Aerospace and Defense, Automotive, Construction, Electrical and Electronics, Chemical Tanks and Other End Users: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021” report at http://www.marketresearchstore.com/report/thermosets-market-z56163

Growing industrialization in developing economies like India, China, Russia, and Brazil majorly drives the growth of thermosets market. Thermosets market growth is attributed to huge utilization of high performance and light weight materials in chemicals, automotive, electrical and electronics. Though, fluctuating prices of raw materials utilized in production of thermosets is expected to hinder the growth of thermosets market. Nevertheless, enduring research for developing of cost effective manufacturing process is likely to open growth opportunities for the market in the near future.

Some types of thermosets are phenolic, epoxy resins, cyanate esters, polyester resins, polyurethane and vinyl ester resins among others. Polyester resins and polyurethane are the foremost segments and remains leading due to infinite number of applications. Epoxy resins are the fastest growing segment and expected to witness decent growth in forecast period. Aerospace and defense, automotive, construction, electrical and electronics and chemical tanks among others are some of the major end users of thermosets market. Other applications include households, switches, lighting boards etc. Automotive is the largest segment due to huge stake in developing economies. Electrical and electronics emerged as lucrative segment and is estimated to fuel the growth of thermosets in near future.

Browse 32 Market Tables and 21 Figures spread through 110 Pages and an in-depth TOC on “Thermosets Market – Global Size, Shares, Trends, Segment & Forecast to 2021”

Get Sample Research Report at http://www.marketresearchstore.com/report/thermosets-market-z56163#RequestSample

Extensive growth of automobile industry in Asia-Pacific majorly in India and China leads growth of the thermosets market. China is dominating the market owing to largest automobile sector and is expected to remain competitive with the existence of a wide number of investors. Japan is anticipated to remain dormant due to saturated market. North America is prone to grow at the highest pace over estimated period.

Eastman Chemical Company, Sinopec, Bayer AG, BASF, LyondellBasell Industries, Dow Chemical Company, Chevron Phillips Chemical Company LLC, Asahi Kasei Chemical Corp and Arkema among others are some of the foremost key players in thermosets market.

This report segments the thermosets market as follows:

Thermosets Market: Type Segment Analysis

  • Phenolic
  • Epoxy resins
  • Cyanate esters
  • Polyester resins
  • Polyurethane
  • Vinyl ester resins
  • Other

 

Thermosets Market: Applications Segment Analysis

  • Aerospace and Defense
  • Automotive
  • Construction
  • Electrical and Electronics
  • Chemical tanks
  • Other

 

Thermosets Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

 

Related Published Reports:

 

About Us

Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.

Media Contact
Company Name: Market Research Store
Contact Person: Joel John
Email: sales@marketresearchstore.com
Phone: +1-386-310-3803
Address:3422 SW 15, Street Suit# 8138
City: Deerfield Beach
State: FL
Country: United States
Website: http://www.marketresearchstore.com/report/thermosets-market-z56163

Comments are closed.