openPR Logo
Press release

Cyanate Ester Resins Market likely to grow at an impressive CAGR 6.3% by 2023, as estimated by Stratview Research

11-12-2019 12:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Cyanate Ester Resins Market likely to grow at an impressive CAGR

Stratview Research in its recent report has offered an overlook of the current Cyanate Ester Resins Market scenarios and has also estimated the Cyanate Ester Resins Market to grow at an impressive CAGR 6.3% by 2023. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
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):
https://www.stratviewresearch.com/Request-Sample/351/Cyanate-Ester-Resins-Market.html

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:
https://www.stratviewresearch.com/351/Cyanate-Ester-Resins-Market.html

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:
https://www.stratviewresearch.com/toc/351/Cyanate-Ester-Resins-Market.html

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

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com

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:

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 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:

More Releases from Stratview Research

Sustainable Footwear Market offers good growth opportunities post COVID-19
Sustainable Footwear Market offers good growth opportunities post COVID-19
The Sustainable Footwear Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Sustainable Footwear Market Forecast: Sustainable Footwear Market is likely to witness an impressive Healthy CAGR of 5.8% during the forecast period. Stratview
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
The Surgical Apparel Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Surgical Apparel Market Forecast: Surgical Apparel Market is likely to witness an impressive Healthy CAGR of 6.1% during the forecast period. Stratview
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-2026
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-20 …
The Spandex Fiber Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Spandex Fiber Market Forecast: Spandex Fiber Market is likely to witness an impressive Healthy CAGR of 7.1% during the forecast period. Stratview
Smart Plantation Management Systems Market Intelligence Report Offers Insights on Growth Prospects 2021-2026
Smart Plantation Management Systems Market Intelligence Report Offers Insights o …
The Smart Plantation Management Systems Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Smart Plantation Management Systems Market Forecast: Smart Plantation Management Systems Market is likely to witness an impressive Healthy CAGR of

All 5 Releases


More Releases for Cyanate

Global Sodium Cyanate and Potassium Cyanate Market Analysis
Sodium cyanate and potassium cyanate are cyanate salts with formula NaCN and KCN. For most applications, the potassium and sodium salts can be utilized interchangeably. The Potassium cyanate is often favoured to sodium salt, which is fewer resolvable in the water and less voluntarily prevalent in pure form. According to the report analysis, ‘Global Sodium Cyanate and Potassium Cyanate Market, 2021-2027’ states that Chongqing Chuandong Chemical (Group) Co., Ltd., Jingjiang Fanyou
Sodium Cyanate Market high growth opportunity and Forecast 2020-2024 | Tirupati …
Global Sodium Cyanate Market 2020-2024 examines the market in detail along with focusing on significant market dynamics for the key players in the market. This research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe. Overview of Global Sodium Cyanate Market: Sodium cyanate is a useful reagent in producing asymmetrical urea derivatives that have a range of biological activity mostly in
Sodium Cyanate Market 2020: Industry Size, Share, Trends and Forecast by 2025| T …
Los Angeles, United State- QY Research has published a latest and most trending report on Sodium Cyanate Market offers detailed value chain assessment, comprehensive study on market dynamics including drivers, restraints and opportunities, recent trends, and industry performance analysis. Furthermore, it digs deep into critical aspects of key subjects such as market competition, regional growth, and market segmentation so that readers could gain a sound understanding of the global Sodium
Potassium Cyanate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Potassium Cyanate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Potassium Cyanate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Potassium Cyanate with respect to individual growth
Sodium Cyanate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Sodium Cyanate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Sodium Cyanate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Sodium Cyanate with respect to individual growth
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,