Press release
Opportunities for the global cyanate ester resin market to grow with a CAGR of 5.2% by 2023
Insights that Matter
In this market, cyanate ester resin is used in printed circuit boards, radomes, aerospace engines & structural parts, and adhesive applications. Lucintel forecasts that printed circuit boards will remain the largest application due to increasing demand for high performance PCBs in communication, defense, aerospace, and marine industries. Lucintel predicts that the cyanate ester resin for aerospace engines & structural parts application is expected to witness the highest growth over the forecast period supported by growth in the aerospace & defense and space industry.
Within the cyanate ester resin market, aerospace & defense is expected to remain the largest end use industry and also witness the highest growth in the forecast period due to growing demand for cyanate ester based composite parts.
North America is expected to remain the largest region due to increasing demand for cyanate ester based composites in the various end use industries, such as aerospace & defense, electrical & electronics, and marine. Lucintel predicts that Asia Pacific is expected to witness the highest growth over the forecast period due to increasing production of high performance PCB.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of ultra-high temperature resistant (Tg 400ºC) cyanate ester resin with excellent mechanical properties and increasing demand for cyanate ester resin in optical devices & high performance powder coating. Huntsman, Lonza, MGC, Tencate, Quingdao Fundchem, and Renegade are among the major suppliers of cyanate ester resin.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cyanate ester resin market by application, end use industry, product type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Cyanate Ester Resin Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global cyanate ester resin market by application, end use industry, product type, and region as follows:
By Application [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
• Printed Circuit Boards
• Radomes
• Aerospace Engine & Structural Parts
• Others
By End Use Industry [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
• Aerospace & Defense
• Electrical & Electronics
• Automotive
• Marine
• Others
By Product Type [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
• Bisphenol-based Cyanate Ester Resin
• Novolac-based Cyanate Ester Resin
By Region [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
• North America
− US
− Canada
− Mexico
• Europe
− France
− The United Kingdom
− Switzerland
− Italy
• Asia Pacific
− China
− South Korea
− Taiwan
− Japan
− India
• The Rest of the World
− Central & South America
− Middle East & Africa
This 210-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Strategic Growth Consulting and Capital Investment Analysis.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Lucintel LLC
Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019
Ph: +1-972-636-5056 Fax: +1-877-883-5140
marketing@lucintel.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Opportunities for the global cyanate ester resin market to grow with a CAGR of 5.2% by 2023 here
News-ID: 1292247 • Views: …
More Releases from Lucintel LLC
Access Control as a Service Market is anticipated to grow at a CAGR of 11% durin …
The global access control as a service market is projected to reach $1.1 billion by 2025, at a CAGR of 11% during 2020-2025. The growth of access control as a service market is driven by increasing uses of cloud computing platforms and IoT technology, growing demand for cloud based hosted and managed services, and rising adoption of electronic security products in access control as a services market.
Some of the…
Opportunities for European automotive composites market to reach $5.3 billion by …
According to a new market report published by Lucintel, the future of the automotive composites market looks good with opportunities in the power train, exterior, interior, electrical and electronics, and under body system. The European automotive composites market is expected to reach an estimated $5.3 billion by 2025 with a CAGR of 3.7% from 2020 to 2025. The major drivers for this market are increasing automotive production and growing demand…
Technology Landscape, Trends and Opportunities in the Global Automotive Foam Mar …
The technologies in automotive foam have undergone significant changes in recent years, with traditional bulk foams to advanced Spray Foams. The rising wave of new technologies, such as polyolefin based foam and polyurethane based foams are creating significant potential in various vehicle platforms due to excellent mechanical strength, light weight, and wear and weathering resistance properties.
To download report brochure, please go to https://www.lucintel.com/technology-automotive-foam-market.aspx and click "report brochure" tab from the…
Opportunities for composites in the global aerospace market to reach $3.3 billio …
According to a new market report published by Lucintel, the future of the global aerospace composites material market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft industries. The global aerospace composites materials market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an…
More Releases for PCB
Victory PCB Expands Global Reach with Industry-Leading PCB Manufacturing & Assem …
Image: https://www.abnewswire.com/upload/2025/06/aa56d146ab76e34a4f335137dad3dd49.jpg
Victory PCB [https://www.victorypcb.com/], a global leader in printed circuit board (PCB) manufacturing and assembly, continues to set new benchmarks in high-quality PCB production, fast delivery, and customer service excellence. With a legacy of 19 years of innovation and precision manufacturing, Victory PCB is powering the next generation of industries, from automotive and medical equipment to aerospace and advanced communication devices.
Located in the heart of Shenzhen's modern Industrial Park, Victory…
Victory PCB: Pioneering Excellence in Global PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/fabf105f8930f331e50cb1ca439637fe.jpg
Victory PCB [https://www.victorypcb.com/] is a renowned global manufacturer of PCBs and assembly services, recognized worldwide for its exceptional precision, innovation, and commitment to quality. With a client base exceeding thousands across various sectors, including automotive, aerospace, medical, industrial automation, and communication technologies, PCB solutions are tailored to meet each client's needs.
With centers covering as much as 30,000 square meters, Victory PCB employs over 450 staff dedicated to producing high-quality…
Victory PCB: Redefining Global Excellence in PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/986e29984b844645f2a99a0a5e93a4c8.jpg
Having almost 20 years of expertise in producing and assembling printed circuit boards (PCBs), Victory PCB has established a solid reputation for providing high quality products, creative solutions, and consistent customer satisfaction. Victory PCB [https://www.victorypcb.com/], located in a contemporary 30,000-square-meter facility within Shenzhen's tech district, merges deep expertise with cutting-edge technology to manufacture products that bolster top industries worldwide. Relying on more than 1,000 clients and 80% of its…
Victory PCB Emerges as a Global Leader in PCB Manufacturing
Victory PCB has been delivering custom PCB solutions to global customers since 2005.
Image: https://www.abnewswire.com/uploads/3daf3e2d61300e7406f7fb61c56726fc.png
Victory PCB [https://www.victorypcb.com/], a professional printed circuit board (PCB) manufacturer established in 2005, is setting new standards in the global electronics industry with its commitment to top-quality, high-precision, and high-density PCB solutions. The solutions offered by Victory PCB, which exports 80% of its products worldwide, bridge the gap between concept and reality for clients in a variety…
PCB Ceramic Substrate Market Size, Share and Forecast By Key Players-Panda PCB T …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global PCB Ceramic Substrate market is anticipated to grow at a compound annual growth rate (CAGR) of 13.62% between 2024 and 2031. The market is expected to grow to USD 21.58 Billion by 2024. The valuation is expected to reach USD 52.73 Billion by 2031.
The PCB ceramic substrate market is experiencing robust growth, fueled by the rising demand…
Victory PCB: Leading the Way in High-Quality PCB Manufacturing and Assembly Serv …
Image: https://www.abnewswire.com/uploads/f5969834209751bb72016f135de749db.png
Victory PCB, a professional PCB manufacturer [https://www.victorypcb.com/], has emerged as the leading specialized manufacturer for multiple species, small to medium series, and quick turn production, with a focus on providing 3Hs (high quality, high precision and high density). With a total plant area of 30,000sq.m, their monthly capability currently stands at 60,000sq.m with 3000 parts.
Serving more than 1000 customer groups, the company is a leading manufacturer of 1-16L layer…
