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High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Polyester, Thermoplastic Resin, and Others), by Composite Manufacturing Process (Layup, Filament Winding, Injection Molding, Pultrusion, Compression Molding, and Others), by Application (Transportation, Aerospace & Defense, Building & Construction, Marine, and Others), and by Region - Trends and Forecasts to 2020
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MarketsandMarkets Presents • High Temperature Composite Resin Market • Trends and Forecasts to 2020 http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html
The report, "High Temperature Composite Resin Market” by Resin Type (Phenolic, Epoxy, Polyester, Thermoplastic Resin, and Others), by Composite Manufacturing Process (Layup, Filament Winding, Injection Moulding, Pultrusion, Compression Moulding, and Others), by Application (Transportation, Aerospace & Defence, Building & Construction, Marine, and Others), and by Region - Trends and Forecasts to 2020", This report defines and segments the high temperature composite resin market with analysis and forecast of the market size. • The global ‘High Temperature Composite Resin’ market is projected to reach USD 835.2 Million by 2020, witnessing a CAGR of 8.5% between 2015 and 2020. The increasing number of patents filed for high temperature composite resin by global players, introduction of stringent public safety norms, growing demand for high temperature composite, new product launches, continuous agreements, joint ventures & collaborations activities undertaken by companies are key factors driving the growth of the global market for high temperature composite resin. http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html
http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.htmlhttp://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html • In terms of value, the thermoplastic high temperature resin is expected to be the fastest-growing high temperature composite resin type. This is because high temperature thermoplastic resins exhibits properties such as high impact strength, better surface quality, high rigidity at elevated, and sub-zero temperature is useful in applications including aerospace & defence and transportation. Additionally, thermoplastic resin as a matrix material can be reshaped and reformed unlike in case of thermoset resin and the composite formed is also easily recyclable. http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html
The transportation application segment is projected to continue to lead the high temperature composite resin market in 2020. This can be attributed to the growing needs of lighter, safer, cleaner, and more cost-effective vehicles that fulfil all personal safety standards mandated by various regulatory authorities. The increased use of composite components in interior application of high speed, monorail, metro, trams, intercity, commuter rails, and so on are further driving the growth of the high temperature composite resin market. • The North American region is projected to register the highest CAGR in the high temperature composite resin market, in terms of value between 2015 and 2020. This growth is driven by stringent safety regulations in this region especially in the U.S. helped the high temperature composite resin market to grow in the transportation and aerospace & defence application segment. http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html
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About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html