Flame Retardant Resin: Latest Trends, Forecast, and Opportunity Analysis

Stratview Research announces the launch of a new research report on Flame Retardant Resin This extensive report from Stratview Research, studies the Flame Retardant Resin over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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This Flame Retardant Resin analysis has been segmented in Four ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Resin Type (Phenolic Resin, Polyester Resin, Epoxy Resin and Other Resins) – Phenolic is expected to remain the most dominant
• by Composites Type (Glass Composites, Carbon Composites,and Others)
• by End-Use Industry (Aerospace & Defense, Transportation, Building & Construction, Electrical & Electronic, Marine, Pipe & Tank and Others)- Aerospace & defense industry is projected to witness the highest growth
• and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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Flame Retardant Resin (FRR) Market in the Composites Industry: Insights
Flame retardant resin market in the composites industry is grow at a healthy rate over the next five years, driven by increasing penetration of composite materials in the FST (Fire, Smoke, and Toxicity) applications in different industries, such as transportation, aerospace & defense, and marine, introduction of more stringent standards related to fire and safety, and an organic growth of the end-use industries, such as increasing global automobile production.
Flame retardant resin market in the composites industry is segmented based on resin type as phenolic resin, polyester resin, epoxy resin, and other resins. In terms of value, Phenolic is expected to remain the most dominant resin type in the global flame retardant resin market over the next five years, driven by its excellent FST property and good performance. Epoxy resin is estimated to experience the highest growth in the global flame retardant resin market in the composites industry. This resin type is gaining traction in the composites market because of its excellent higher performance, such as strength, adhesiveness, versatility, moisture absorbent, and less volumetric shrinkage.
The flame retardant resin market in the composites industry is segmented based on end-use industry as aerospace & defense, transportation, building & construction, electrical & electronic, marine, pipe & tank, and others. Aerospace & defense industry is projected to witness the highest growth over the next five years, driven by increasing use of phenolic prepregs in the interior applications, such as galleys coupled with increasing production rates of composites rich aircraft, such as A350XWB, B787, and Bombardier C Series.
North America is expected to remain the largest market in the global flame retardant resins for the composites industry during the forecast period. The US is the growth engine of the North American market as the country is the manufacturing capital of aerospace & defense industry with the presence of several small to large players. Asia-Pacific is projected to witness the highest growth in the global FRR market during the forecast period, driven by China and India. Increasing efforts for the development of commercial, regional, and military aircraft to become self-sustained, increasing military expenditures, and commencement of assembly plants by both commercial aircraft manufacturers in China will act as the key driving factors in the region.
Ashland Inc., Sumitomo Bakelite, Hexion Inc., Georgia-Pacific Chemicals, Huntsman Corporation, and Olin Corporation are major players in the global flame retardant resin market for the composites industry. Development of new applications and collaboration with customers are some of the key strategies adopted by major companies to gain a competitive edge over others.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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