Market Overview
High-temperature composite
resins are used in applications that require resistance to high temperatures
such as bulkheads, ducting, and ceilings. The growth of the global
high-temperature composite resin market is driven by the increasing demand in
major end-use industries such as aerospace and defense, automotive and
transportation, and electrical and electronics. Some of the commonly used
high-temperature composite resins are bismaleimides, polyimides, cyanate
esters, bezoxazines, phenolic, and epoxy. Bismaleimide resins are the most
widely used high-temperature composite resins in various applications including
military and commercial aircraft and helicopters due to their high-temperature
resistance properties.
The demand for
high-temperature composite resins is driven by the growing aerospace and
defense industry globally. These resins find application in various parts of
aircraft such as engines, ducts, stators, and heat shields. The expanding
aviation industry with the rising demand for commercial aircraft, especially in
developing nations, on account of increasing air traffic and low fuel prices is
likely to drive the growth of the high-temperature composite resin market.
Global Key
Players:
Ø Huntsman International LLC
Ø Hexcel Corporation
Ø Sumitomo Bakelite Co., Ltd
Ø Koninklijke Ten Cate BV
Ø Hexlon
Ø DIC Corporation
Ø Arkema
Ø Lonza
Ø UBE Industries, Ltd
Ø Evonik Industries AG
Ø Celanese Corporation
Market
Segmentation:
The
global high-temperature composite resin market has been segmented by type,
manufacturing process, end-use industry, and region. Based on type, the market
has been divided into bismaleimides, polyimides, cyanate resins, phenolic,
epoxy, benzoxazine, thermoplastic, and others. The bismaleimides type segment
accounted for the largest market share in 2017 and is expected to grow at a
significant rate during the review period. This market growth can be attributed
to increasing use of bismaleimides in the aerospace industry on account of high
thermal and oxidative stability and good electrical and mechanical properties.
On
the basis of manufacturing process, the market has been segmented into layup,
injection molding, compression molding, pultrusion, filament winding, resin
transfer molding, and others. The layup manufacturing process is the most
widely used due to its cost-effectiveness.
By
end-use industry, the market has been segregated into aerospace and defense,
automotive and transportation, electrical and electronics, and others. The
aerospace and defense segment accounted for the largest market share in 2017 on
account of the increasing use of high-temperature composite resins in engines,
ducts, stators, and heat shields, among others.
Intended
Audience
- High-temperature composite
resin manufacturers
- Traders and distributors of
high-temperature composite resin
- Research and development
institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
COVID-19 Impact Analysis on Aluminum Extruded Products
Market@ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market
COVID-19 Impact on Self-Healing Materials Market@ https://www.marketresearchfuture.com/report/covid-19-impact-self-healing-materials-market
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