Press release
Construction Thermoset Compounds Market to Reach US$ 592 Million by 2030, Says Stratview Research
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 covers detailed segmentation by application type, end-user, product type, resin type, and region, offering strategic insights for manufacturers, suppliers, OEMs and investors seeking growth opportunities and competitive intelligence in the construction materials sector.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4544/construction-thermoset-compounds-market.html#form
Market Statistics
• Market size (2024): US$ 498 million
• Forecast value (2030): US$ 592 million
• CAGR (2025-2030): 3.1%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 5
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
Application Type
Covers & Chambers, Panels, Ramps & Barriers, Other Applications
End-User Type
Residential, Commercial, Municipal,
Product Type
SMC, BMC,
Resin Type
Polyester, Epoxy, Other Resins,
Regions: Asia-Pacific, North America, Europe, Rest of the World.
Segment Analysis
Within application types, covers & chambers dominate demand due to their extensive use in municipal and utility projects where durability, theft resistance, and compliance with load standards are essential. The inherent strength and weather resistance of thermoset compounds drive preference over traditional materials. This dominance underscores strategic allocation toward high-volume infrastructure parts with long service intervals.
The municipal end-user segment leads owing to large public works programs prioritizing durable and low-maintenance infrastructure components. Municipal spending patterns and infrastructure upgrades create consistent demand for thermoset compounds, prompting suppliers to tailor solutions that meet regulatory and performance criteria. This alignment supports long-term planning for infrastructure materials procurement.
Among product types, Sheet Moulding Compound (SMC) holds a dominant position because its processability and structural performance suit large, load-bearing parts in construction. SMC's efficiency in high-volume molding translates to cost advantages and reliable quality, reinforcing its preference among OEMs and fabricators focused on throughput and consistency.
Polyester resin is the dominant resin type, supported by its low cost, durability, and compatibility with key product processes like SMC and BMC. Polyester resin's performance in flame retardancy and weather resistance enhances part longevity, which materially benefits end-users seeking compliant materials with predictable lifecycle costs.
Regional Insights
In Asia-Pacific, the market dominance is driven by accelerated infrastructure development, rapid urbanization, and government-led utility enhancements in major economies like China and India. The region's competitive manufacturing ecosystem, expanding construction supply chain, and preference for lightweight, corrosion-resistant materials structurally support continued demand growth.
Market Drivers
• Rapid urbanization increases demand for durable infrastructure components that require materials with high performance and minimal maintenance.
• Municipal initiatives toward low-maintenance public works accelerate adoption of thermoset compounds in covers, chambers, and panels.
• Smart city development mandates materials with long service life and environmental durability, increasing thermoset compound specification.
• Sustainability procurement policies encourage use of lightweight, recyclable composites over traditional metals.
• Infrastructure modernization funding boosts large-scale construction projects requiring high-performance composite materials.
Top Companies in the Market
Core Molding Technologies
IDI Composites International
Polynt Group
LyondellBasell
Astar SA
Menzolit
Changzhou Jiang's Compound Materials Technology Co., Ltd.
Mitsui Chemicals Group
Zhejiang Yueqing SMC & BMC
Paya Plast Iranian
FAQs
1. What is the current size of the construction thermoset compounds market?
The market was valued at US$ 498 million in 2024 and is projected to grow to US$ 592 million by 2030 at a CAGR of 3.1 % during the forecast period.
2. What are the key drivers of growth in this market?
Rapid urbanization and municipal infrastructure upgrades are driving demand for durable, low-maintenance composite materials in construction applications.
3. Which application holds the largest share in this market?
Covers & Chambers are the leading application due to their widespread use in utility and municipal projects requiring robust, weather-resistant materials.
4. Why is Asia-Pacific the dominant region in this market?
Asia-Pacific's extensive infrastructure advancement, fast urbanization, and competitive manufacturing base create sustained demand for construction thermoset compounds.
5. Which product type is preferred in the construction thermoset compounds market?
Sheet Moulding Compound (SMC) dominates product demand because of its structural performance and cost-efficient high-volume processing.
Related Links:
Elastomeric Coating Market: https://marketingresearch.seesaa.blog/article/519390568.html?1764833814
Data Center Networking Market: https://logcla.com/blogs/1067388/Data-Center-Networking-Driving-High-Speed-Reliable-Connectivity
Satellite Communication Satcom Equipment Market: https://logcla.com/blogs/1067381/Satellite-Communication-Equipment-Enabling-Global-Connectivity
Data Center Containment Market: https://plaza.rakuten.co.jp/ingnews/diary/202512040002/
M2m Satellite Communication Market: https://plaza.rakuten.co.jp/ingnews/diary/202512040001/
Nanowire Battery Market: https://plaza.rakuten.co.jp/ingnews/diary/202512040000/
Remote Weapon Station Market: https://plaza.rakuten.co.jp/clyderachel22/diary/202512050000/
Automotive Interior Materials Market: https://plaza.rakuten.co.jp/ingnews/diary/202512050002/
Photonics Market: https://plaza.rakuten.co.jp/ingnews/diary/202512050001/
In Flight Internet Market: https://plaza.rakuten.co.jp/ingnews/diary/202512050000/
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 Construction Thermoset Compounds Market to Reach US$ 592 Million by 2030, Says Stratview Research here
News-ID: 4368309 • Views: …
More Releases from Stratview Research
Aerospace and Defense Thermoset Compounds Market to Reach US$77 Million by 2030, …
The aerospace and defense thermoset compounds market - specialized high-performance polymer compounds used for structural and non-structural parts in aircraft, defense vehicles, and protective systems - is expected to grow from US$53 million in 2024 to US$77 million by 2030, at a CAGR of 5.2% during the forecast period (2024-2030). Demand is primarily driven by the aerospace industry's pursuit of lightweight, durable materials that meet stringent FST (flame, smoke, and…
EV Power Module Market to Reach US$8.9 Billion by 2031, Says Stratview Research
The EV power module market - a critical component segment within the electric vehicle power electronics value chain - is projected to grow from US$4.6 billion in 2025 to US$8.9 billion by 2031, exhibiting a CAGR of 10.3% during 2025-2031. EV power modules manage and convert electrical power between the battery and motor, directly affecting vehicle efficiency and performance. Strong expansion in battery electric vehicle (BEV) production and regulatory mandates…
Data Center Computer Room Air Handler (CRAH) Market to Reach US$ 15.5 Billion by …
The global Data Center Computer Room Air Handler (CRAH) Market is projected to expand to US$ 15.5 billion by 2032, up from US$ 4.2 billion in 2023, reflecting a 15.8% CAGR during the 2024-2032 forecast period. CRAH systems are air-based thermal management solutions that condition recirculated data center air using centrally supplied chilled water, supporting precise temperature and humidity control critical for IT equipment performance. The primary growth driver is…
Aircraft Gearbox Market to Reach US$3.4 Billion by 2034, Says Stratview Research
The Aircraft Gearbox Market comprises critical mechanical transmission systems that transfer, modulate, and manage power between an aircraft engine's rotating shafts and various subsystems such as fuel pumps, generators, and hydraulic units. According to Stratview Research, the global market was US$2.4 billion in 2024 and is projected to grow at a CAGR of 3.2% to reach US$3.4 billion by 2034. The single most important growth driver is the rising global…
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…
