Press release
Thermoset Compounds Market to Reach US$ 4.5 Billion by 2030, says Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report examines the market by industry type, product type, fiber type, resin type, and region, offering deep strategic insights for manufacturers, suppliers, OEMs, and investors seeking targeted growth opportunities and supply-chain intelligence.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4539/thermoset-compounds-market.html#form
Market Statistics
• Market size (2024): US$ 3.8 billion
• Forecast value (2030): US$ 4.5 billion
• CAGR: 3%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 5
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
Industry Type: Aerospace & Defense, Marine, Transportation, Construction, Consumer Goods, Electrical & Electronics, Pipe & Tanks, Others
Product Type: SMC, BMC
Fiber Type: Glass Fiber, Carbon Fiber
Resin Type: Polyester, Epoxy, Other Resins
Region: North America, Europe, Asia-Pacific, Rest of the World
Segment Analysis
In industry type, Transportation holds the largest share due to extensive use of thermoset compounds in automotive components like hoods, bumpers, and panels. Aerospace & Defense is the fastest-growing industry, driven by recovery in aerospace activity and increased use of thermoset materials in secondary structural and interior parts, enhancing strategic material performance. This dynamic underscores differentiated demand patterns and opportunities for tailored compound solutions across industrial verticals.
For fiber type, Glass fiber remains dominant due to cost-effectiveness and broad OEM adoption across applications, while Carbon fiber is the faster-growing segment as electrification and weight-reduction priorities escalate performance requirements. Manufacturers should align material portfolios with evolving end-use technical specifications.
Within product type, SMC leads in market share thanks to structural strength, surface finish quality, and widespread use in automotive and construction applications. BMC maintains respectable growth, particularly for electrical insulators and precision components, reflecting diversified application demand.
In resin type, Polyester accounts for a larger share and exhibits faster growth, supported by properties like dimensional stability and resistance to corrosion and chemicals. This trend highlights strategic resin selection's impact on performance outcomes.
Regional Insights
Asia-Pacific is the largest regional market due to robust industrialization, expanding automotive manufacturing, and a thriving electrical & electronics industry, structurally increasing demand for thermoset compounds across key sectors.
Market Drivers
• Rising automotive production driving lightweight composite adoption
• Growth in electrical & electronics requiring durable, flame-resistant materials
• Industrialization boosting composite use across construction and infrastructure
• Electrification and weight-reduction priorities in transport
• Demand for high-performance composites in aerospace & defense
Top Companies in the Market
LyondellBasell
Teijin Automotive Technologies
Polynt Group
IDI Composites International
Core Molding Technologies
Menzolit
Polytec Group
Changzhou Jiang's Compound Materials Technology Co., Ltd.
Mitsui Chemicals Group
Huayuan Advanced Materials (Hamlite)
FAQs
1. What is the current size of the thermoset compounds market?
The market was valued at US$ 3.8 billion in 2024, reflecting extensive material adoption across transportation, electrical & electronics, and other industries.
2. How fast is the thermoset compounds market expected to grow?
It is expected to grow at a CAGR of 3% from 2025 to 2030, driven by lightweight material demand and industrial expansion.
3. Which region holds the largest share of the market?
Asia-Pacific leads the market due to rapid industrial growth and strong automotive and electrical industries.
4. What industry uses are driving demand for thermoset compounds?
Transportation and electrical & electronics sectors are significant demand drivers, leveraging composites for performance and durability.
5. What are primary constraints in the thermoset compounds market?
Market challenges include raw material cost volatility and technical complexities in high-performance composite processing, affecting supply chains and pricing.
Related Links:
Airborne Lidar Market: https://logcla.com/blogs/1144840/Mapping-the-Skies-The-Airborne-LiDAR-Market
Automotive Active Safety Sensors Market: https://plaza.rakuten.co.jp/ingnews/diary/202601050002/
Automotive Airbag Inflators Market: https://plaza.rakuten.co.jp/ingnews/diary/202601050001/
Automotive Charge Air Cooler Market: https://plaza.rakuten.co.jp/ingnews/diary/202601050000/
Ice Cream Processing Equipment Market: https://ethanbrennan.livepositively.com/engineering-sweet-efficiency-the-ice-cream-processing-equipment-market
Ion Chromatography Market: https://plaza.rakuten.co.jp/marketing123/diary/202601050002/
Micro Electromechanical Systems Market: https://www.leenkup.com/read-blog/83874
Stucco Market: https://joyrulez.com/blogs/243254/Durable-Finishes-for-Modern-Architecture-The-Stucco-Market
Aircraft Antenna Market: https://plaza.rakuten.co.jp/marketing123/diary/202601050001/
Aircraft Landing Gear Market: https://plaza.rakuten.co.jp/marketing123/diary/202601050000/
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 Thermoset Compounds Market to Reach US$ 4.5 Billion by 2030, says Stratview Research here
News-ID: 4366145 • Views: …
More Releases from Stratview Research
Spunlaid Nonwoven Market to Reach US$19.6 Billion by 2031 - Says Stratview Resea …
The global Spunlaid Nonwoven Market was valued at US$15.9 billion in 2023 and is forecast to grow to US$19.6 billion by 2031, at a CAGR of 3.2% during 2024-2031. Spunlaid nonwoven refers to continuous filament fabrics produced by melting thermoplastics and forming webs directly, offering strength, uniformity, and versatility across multiple industries. The primary growth driver is expanding demand from automobile applications, where lightweight, durable, and cost-effective spunlaid nonwovens improve…
Aircraft Line MRO Market to Reach US$88.5 Billion by 2035 - Says Stratview Resea …
The global Aircraft Line MRO Market is projected to reach US$88.5 billion by 2035, growing from US$73.8 billion in 2024 at a CAGR of 1.8% during 2025-2035. This market covers routine line maintenance services-such as daily checks, transit checks, weekly inspections, and A-checks-performed during short ground times to maintain airworthiness and operational reliability. The key growth driver is increasing flight frequencies and expanding aircraft fleets, which structurally boost demand as…
Aerospace and Defense Braking Control System Market to Reach USD 852.8 Million b …
The Aerospace and Defense Braking Control System Market is projected to grow from an estimated USD 636.9 million in 2024 to USD 852.8 million by 2034 at a CAGR of approximately 3.0%, driven primarily by increasing global aircraft production and rising air travel demand. As global fleets expand and modernize, the need for advanced braking control solutions capable of ensuring safer, more efficient deceleration during landing and ground operations has…
Aircraft Thermal Management MRO Market to Reach US$2.1 Billion by 2035 - Says St …
The global Aircraft Thermal Management MRO Market is projected to reach US$2.1 billion by 2035, up from US$1.5 billion in 2024, growing at a CAGR of 3.0% during 2025-2035. This market comprises maintenance, repair, and overhaul services for aircraft thermal systems, including environmental control systems, coolers, heat exchangers, and other temperature-regulating components that ensure optimal operating conditions and safety for aircraft operations. The single most important growth driver is the…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
