Lucintel’s latest market report analyzed that thermoset resin in the global composites provides attractive opportunities in various end use industries, including marine, pipe and tank, construction, transportation, wind energy, aerospace and defense, electrical and electronics, and consumers goods. The thermoset resin in the global composites market is expected to reach $23.9 billion by 2027 with a CAGR of 5.1%. In this market, construction is the largest segment by end use, whereas polyester is largest by resin. Use of hybrid thermoset resin in many applications provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/thermoset-resin-in-the-global-composites-market.aspx Based on end use, the thermoset resin in the global composites market is segmented into marine, pipe and tank, construction, transportation, wind energy, aerospace and defense, electrical and electronics, consumers goods, and others. The construction segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to expected growth in the infrastructure development, rehabilitation of old infrastructures, and capital investment in industrial development are the major driving forces that spur growth for these segments over the forecast period.
Browse in-depth TOC on “Thermoset Resin in the Global Composites Market”
97 – Tables
138 – Figures
224 – Pages
The Thermoset Resin in the Global Composites Market is marked by the presence of several big and small players. Some of the prominent players offering thermoset resin in the global composites include Ashland Inc. (INEOS), BASF, Covestro, Huntsman Corporation, Polynt Reichhold Group, AOC, Swancor Ind. Co., Ltd., Hexion Inc., Showa Denko K.K., Sino Polymer Co., Ltd., Scott Bader Co. Ltd., Allnex.
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