Press release
Expanded Thermosets Market trends research and projections for 2017-2024
Global Market Insights has a new study based report titled "Thermosets Market Size, Potential Industry Outlook Report, Regional Analysis (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Price Trends, Application Development, Competitive Landscape & Forecast, 2016 - 2023".Order This Report by calling Global Market Insights, Inc. at 1-888-689-0688 (Toll Free) or 1-302-846-7766.
Thermosets Market size is mainly driven by the major construction applications including commercial, industrial, residential and office buildings. Innovations and modern technologies have created a new space for durable and high-performance cladding systems.
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Global thermosets market size is expected to exceed 105 million tons by 2016. Key thermoset materials analyzed in this report include unsaturated polyesters resins (UPR), phenol formaldehyde (PF), polyurethanes (PU) and epoxy/polyepoxide resins. UP and PF accounted for over 30% of the total demand in 2012
Reasons to Buy This Report
1. Thermosets Market size & forecast by product & application
2. Growth drivers, pitfalls & industry challenges
3. Key Thermosets Market growth opportunities & emerging business
models
4. Competitive benchmarking with market share analysis and company profiles
Office buildings dominated the Thermosets Market size over the forecast timeframe. Stainless steel, anodized aluminum, terracotta, fiber cement, composite and glass materials are used in these systems to protect the buildings. Steel & glass facades and glazed walling systems are often used in multi-storied office buildings to provide natural lightning & shading, weather-tightness and thermal insulation which may drive the industry growth.
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Polyurethanes market is anticipated to account for over 25% of the total demand by 2016 supported by the demand from major end-use industries such as construction, furniture, electronic and automotive.
The Thermosets Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Thermosets Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Thermosets Market Product Insights
5. Thermosets Market Application Insights
6. Thermosets Market Regional Insights
7. Competitor Profiles
Asia Pacific thermosets market was the dominant region and is anticipated to witness highest growth with an estimated CAGR of over 11% up to 2016. North America, especially the U.S. thermosets market is likely to witness significant gains, at over 10%.
Increase in construction spending coupled with automobile production particularly in Asia Pacific is likely to support opportunities for various applications such as paints & coatings, insulation and vehicle components manufacturing. This factor is likely to drive demand for thermosets such as, UPR, PU and epoxy resins, alkyd resins.
Bio based PU usually refers products derived from renewable source polyols. The bio content of polyols ranges between 30-100% as result the overall content in bio PU varies by 8-70%. Bio based polyols are majorly synthesized from vegetable oils. They are also obtained from lignocellulosic materials such as wood & forestry/agricultural waters, natural polyphenols and carbohydrates.
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Asia Pacific was the leading region for consuming thermosets based on its demand from various end-use industries such as construction, automobiles and chemicals. China and India are likely to witness significant gains over the forecast period owing to the growth of automobile industry coupled with increasing disposable income. Japan is expected to be a fairly mature market with expected growth being moderate. North America is likely to witness significant gains owing to favorable automobile norms to cut down vehicle weight by 45-50% by 2020.
Global thermosets market share is fragmented with presence of MNCs and domestic manufacturers across the value chain. Key companies include 3M, DuPont, BASF, Huntsman, Ashland and Dow Chemicals. Other prominent companies include Lanxess, DSM, AOC Resins, Performance Material Holding and Sika AG.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
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