Cyanate Ester Resins Market likely to grow at an impressive CAGR 6.3% by 2023, as estimated by Stratview Research
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2018 – 2023, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
Click here for a Free Sample of the report (additional insights inside):
Based on the end-use industry type, the cyanate ester resins market is segmented into Aerospace & Defense, Electrical & Electronics, and Others. Aerospace & Defense is expected to remain the largest consumer of cyanate ester resins during the forecast period. The industry is also likely to witness the highest growth during the same period. Cyanate ester resin is gaining grounds in manufacturing composite parts for aircraft and spacecraft, owing to its high-temperature resistance property. Spacecraft and missiles are the major users of cyanate esters in the aerospace & defense industry. The resin type is also finding usage in wings of military aircraft.
Based on the application type, the cyanate ester resins market is segmented into Composites, Adhesives, and Others. Composites accounted for the largest share of the global cyanate ester resin market in 2017 and will continue to surge ahead during the forecast period. Composites have been successful in marking their presence in most of the end-use industries in almost all types of applications including high-temperature-resistant applications. Various resins, such as cyanate esters, BMI, and polyimides, have been gaining market traction in high-temperature composite applications. Cyanate esters are increasingly used for the fabrication of structural applications of spacecraft and missiles.
Click here for description of the report:
Based on regions, North America is expected to remain the largest market for cyanate ester resins during the forecast period. The region is the world’s manufacturing capital of aerospace & defense industry with the presence of many large-to small-sized OEMs, tier players, cyanate ester resin suppliers, distributors, and raw material suppliers. The USA not only leads the cyanate ester resin market in North America, but also globally.
Asia-Pacific is a relatively small market but is estimated to be the fastest-growing one during the same period, primarily driven by China and Japan. Upcoming aircraft programs, such as COMAC C919 and Mitsubishi MRJ, increasing presence of major aircraft OEMs, such as Boeing and Airbus, and increasing demand for military aircraft are some of the factors driving the demand for composites including cyanate ester resins. The region is the manufacturing capital of electrical & electronics industry, owing to low-cost labor, excellent infrastructure, developed supply chain, and availability of low-cost materials. All these factors are contributing towards a significant growth of the cyanate ester resins' demand in the region.
Check out the Table of Contents here:
Highlights of the Report:
The global cyanate ester resins market is projected to grow at an impressive rate of 6.3% during the forecast period. Cyanate ester resin currently accounts for a minuscule share of the total composite resins market but is likely to witness a higher CAGR (6.3% vs 4.7%) over the next five years. Cyanate ester resins offer excellent strength and toughness, better electrical properties, high-temperature resistance, and lower moisture absorption. Their high-temperature-resistant properties are similar to BMI and polyimide resins when they are formulated correctly. They find use for a host of applications including antennae, radomes, wings, microelectronics and microwave products in the aerospace & defense and electrical & electronics industries. All these factors are proliferating the demand for cyanate ester resins in the global market.
The supply chain of this market comprises raw material suppliers, resin manufacturers, tier players, OEMs, and end-users. Major cyanate ester resin manufacturers are Lonza Group, Huntsman Corporation, Henkel AG & Company, Cytec Solvay Group, Hexcel Corporation, and TenCate Advanced Composites. New product development, regional expansion, and development of long-term relationships with tier players are some of the key strategies adopted by the major players to gain a competitive edge in the market. Most of the major players are developing low-temperature-resistant cyanate esters at a reduced cost targeting high-temperature composite applications, especially aerospace & defense industry.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Cyanate Ester Resins Market analysis report discusses the following heads in great detail:
• 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
400 Renaissance Center,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Know more about us and our reports:
Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.
This release was published on openPR.
Permanent link to this press release:
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 Cyanate Ester Resins Market likely to grow at an impressive CAGR 6.3% by 2023, as estimated by Stratview Research here
News-ID: 1865660 • Views: 223
More Releases from Stratview Research
Floor Adhesives Market Size to Grow at a CAGR of 5.1% by 2023
Floor Adhesives Market is expected to grow at a CAGR of 5.1% during 2018-2023, according to a newly added report by Stratview Research. This represents an attractive growth opportunity in the entire ecosystem of the market. Growing global construction industry, increasing consumption of adhesives globally, increasing use of water-based adhesives over solvent-based adhesives to reduce VOC emissions, replacement of mechanical fastening systems with adhesives, and the ability of adhesives to
Harmonic Filter Market Size to Grow at a CAGR of 6.4% by 2023
Harmonic Filter Market is expected to grow at a CAGR of 6.4% during 2018-2023, according to a newly added report by Stratview Research. Increasing use of power electronics that basically operates through electronic switching, increasing levels of harmonic distortions of voltage and current waveforms in power systems, increasing usage of variable frequency drives (VFDs), rising demand from the data centers and IT industries, increasing number of metal arc furnaces worldwide,
Sprayed-in-Place Pipe (SIPP) Market Size to Grow at a CAGR of 4.4% by 2024
Sprayed-in-Place Pipe (SIPP) Market is expected to grow at a CAGR of 4.4% during 2019-2024, according to a newly added report by Stratview Research. The SIPP market is mainly driven by the spending of government and municipal corporations towards infrastructure rehabilitation. Most of the water main pipes, wastewater pipes, and storm pipes in the major countries, such as the USA, Germany, and Canada, have reached or almost reaching their retirement
Trenchless Pipe Rehabilitation Market Size to Grow at an impressive CAGR by 2025
The trenchless pipe rehabilitation market is projected to grow at an impressive rate over the next five years to reach an estimated value of US$ 6.4 billion in 2025., according to a newly added report by Stratview Research. The market is mainly driven by the increase in spending of government and municipal corporations of various countries towards infrastructure rehabilitation. Furthermore, increasing awareness towards trenchless (no-dig) technologies in many nations, especially
More Releases for Cyanate
Cyanate Ester Resins Market to Witness 6.5% CAGR over the Next Five Years
Stratview Research has launched a research report on Cyanate Ester Resins Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Cyanate Ester Resins Market from 2018 to 2023. This is segmented in five ways to provide a 360 degree holistic view. The segments are – • by End-Use Industry Type (Aerospace & Defense, Electrical & Electronics and Others), • by Application Type (Composites, Adhesives, and Others),and • by
Cyanate Ester Resin Market - Classify significant trends 2028 | Koninklijke Ten …
Global Cyanate Ester Resin Market: Snapshot Cyanate esters are chemical compounds in which the atom of hydrogen of the phenolic OH group is replaced with a cyanide group CN-. The resultant product is called cyanate ester, with –OCN group. Cyanate esters in light of a novolac or bisphenol derivatives are utilized in the making of resins. Cyanate ester resins come under essential group of thermosetting polymers with low outgassing, high glass‐transition temperature,
Cyanate Ester Resins Market to Witness Widespread Expansion During 2018
This report studies the global Cyanate Ester Resins market status and forecast, categorizes the global Cyanate Ester Resins market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa). The global Cyanate Ester Resins market is valued at xx million US$ in 2017
Cyanate Ester Resins Market to Receive Overwhelming Hike in Revenues by 2026
Global Cyanate Ester Resins Market: Overview Cyanate ester resins offer exceptional toughness and strength with improved electrical properties. They also offer lower moisture absorption compared to other resins. Cyanate ester resins provide high performance even at high temperature. Their performance is often compared to that of bismaleimide and polyimide resins. Cyanate ester resins are used in a varied range of applications including aircraft, spacecraft, antennae, missiles, microwave products, and microelectronics. Cyanate
Cyanate Ester Market to Witness Robust Expansion by 2025 - QY Research, Inc
The Cyanate Ester Market to Witness Robust Expansion by 2025 released by QYResearch provides a basic overview of the Cyanate Ester industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Cyanate Ester
Cyanate Ester Resin Market 2017 - Huntsman, Lonza, Cytec, Hexcel
Apex Research, recently published a detailed market research study focused on the "Cyanate Ester Resin Market" across the global, regional and country level. The report provides 360° analysis of "Cyanate Ester Resin Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Cyanate Ester Resin industry, and estimates the future trend of Cyanate