Bismaleimide Triazine Resin Market is Estimated to Reach USD 457.14 Million by the end of 2029: Cognitive Market Research

Market Overview:
- Bismaleimide-triazine resin (BT resin) is a thermosetting resin composed of cyanate ester and bismaleimide that has high heat resistance, thermal stability, superior mechanical properties, and low water absorption.
- BT / Epoxy has properties that make it an excellent choice for larger panel sizes. This material is a good choice due to its advantages such as a high Tg, low coefficient of thermal expansion, and excellent electrical insulation in high humidity and at higher temperatures.
- BT resin is widely used in PCB manufacturing, semiconductor packaging, and IPD (Integrated Passive Components) substrate. The demand for PCBs and semiconductors is currently skyrocketing. This raises the demand for BT resins.

Market Insight:
• Global Bismaleimide Triazine Resin Market expected to reach USD 457.14 Million by the end of 2029, growing at a CAGR of 5.04% between 2022 and 2029.
• Printed Circuit Board Revenue is anticipated to reach at USD 282.49 Million in 2029
• Direct Revenue in Bismaleimide Triazine Resin is estimated to reach USD 318.23 Million in 2029.
• North America Bismaleimide Triazine Resin market size is projected USD 128.05 Million in 2029.

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Market Drivers
• Expanding demand for PCB
PCB is thought to be at the heart of many modern-day technologies that are used in everyday life. PCBs have mechanical and electrical properties that make them suitable for use in a variety of industrial applications.
In the aerospace industry, PCBs are commonly used for instrument panels, dashboards, flight controls, flight management, and safety systems. As aerospace technology advances, there is a greater demand for smaller, more complex
PCBs for use in aircraft, satellites, drones, and other aerospace electronics.
PCBs are used in military equipment that is frequently subjected to high impact, shock, and vibration, such as military vehicles, ruggedized computers, modern weapons, and electronics systems (e.g., robotics, guidance, and targeting systems).
With the rise in consumer electronics, these PCBs are in high demand, which drives up demand for BT resins. As a
result, expanding demand for PCB drives the growth of the BT resin market.
 
• Upsurge in semiconductor industry
Restraints for Bismaleimide Triazine Resin Market
- Brittle nature of BT resin

Opportunities for Bismaleimide Triazine Resin Market
- Rising research and development activities

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Market Segmentation:
- Application:
• Printed Circuit Board:
BT-Epoxy (BT stands for bismaleimide triazine, which is one of its chemical components) is used as thermoset resins in several printed circuit boards (PCBs). Because of their excellent thermal stability, bismaleimide triazine (BT) resins are commonly used in high-density circuit boards

• Semiconductor Packages Substrate:
A double-sided substrate is commonly used in PBGAs with low I/O. The double-sided substrate is a BT epoxy core with fan-out circuitry on both sides and mechanically drilled through holes connecting the top and bottom. It is also used in IC packaging.
 
• IPD (Integrated Passive Components) Substrate:
The integrated passive element used to shield electromagnetic interference and
protect against electrostatic discharge. In microelectronic packaging, bismaleimide-triazine (BT) resin/glass fibre laminates are commonly used as a substrate core material. BT resin is used to make substrates that connect chips used in handsets which is made up of Silicon.

- Distributional Channel:
• Direct
• Indirect

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- Bismaleimide Triazine Resin Market Manufacturers Profiles/Analysis: Hitachi Chemical, MGC, Kinsus, Mitsubishi Gas Chemical Company, Isola Group, J-Stage, UNION TOOL CO., Business Strategy

Isola Group
- Isola Group is engaged in the design and manufacturing of several products, which includes PCB laminate materials such as BT resin, copper clad laminates, dielectric prepags, which is used across printed circuit boards and other semiconductor applications. The company offers advanced materials used in the communication infrastructure, computing, networking, military, aerospace, automotive industries.

Regional Analysis:
- Global North America Bismaleimide Triazine Resin market size is projected USD 128.05 Million in 2029.

NEWS:
- May 2022
AGC has announced to Expand Capacity of Chlor-Alkali Business in Thailand AGC a manufacturer of glass, chemicals and high-tech materials, has decided to increase the production capacity of AGC Vinythai Public Company Limited, a new company to integrate AGC's chlor-alkali business in the Indochina Peninsula.

- April 2022
AGC has announced to Expand Synthetic Pharmaceutical Production Base in Spain
AGC, a manufacturer of glass, chemicals, high-tech materials, has decided to expand the facilities of AGC Pharma Chemicals Europe S.L.U., an AGC subsidiary engaged in the synthetic pharmaceutical 1 CDMO2 business.

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