openPR Logo
Press release

Thermoset Molding Compound Market to Witness Comprehensive Growth by 2025

01-03-2018 08:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

Thermoset Molding Compound Market to Witness Comprehensive Growth by 2025

Global Thermoset Molding Compound Market: Snapshot

In the current past, thermosets have turned out to be superb trade for metallic or metallic components as they provide highly valuable properties, for instance, mechanical quality, high temperature resistance, compound resistance, electrical protection, and different other advantages. Swift urbanization is having a positive impact on many industries wherein lightweight and solidness of the items are fundamental needs in terms of product. Therefore, the demand in the worldwide thermoset molding compound market is anticipated to grow at an exponential rate in the years ahead.

The expanding requirement for security and safety in aerospace and transportation industries is an essential driver of the global thermoset molding compound market, as thermosets offer quality and sturdiness other than being lightweight. The requirement for financially suitable material to supplant heavy metals, expanding requirement for thermally steady and resistance to corrosion, and easy production of complex are some of the various dynamics pushing the growth of the worldwide thermoset molding compound market. On the other hand, fluctuating prices of crude oil and stringent administrative strategies relating to thermoset resin are anticipated to inhibit the development rate in the upcoming years.

Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=1430

Some of the key end users of thermoset molding are aerospace, electrical and electronics, and most of all automotive. The automotive industry is the probable leading end user owing to the use of thermoset molding in the manufacturing of interior and exterior automotive components.

Global Thermoset Molding Compound Market: Overview

In the recent past, thermosets have become excellent replacement for thermoplastic or metallic components as they offer highly useful properties such as mechanical strength, high temperature resistance, chemical resistance, electrical insulation, and other benefits. Rapid urbanization is reflecting positively on several industries wherein lightweight and durability of the products are essential. As a result, the demand in the global thermoset molding compound market is projected to expand at a robust rate during the forecast period of 2017 to 2025.

This report on global market for thermoset molding compound is an all-inclusive overview of the current condition and based a thorough analysis of all the factors that my influence the demand in the near future, it estimates the state of the market until 2025. This report has been prepared to act as an information guide for targeted audiences such as thermoset molding compound manufacturers, distributors and suppliers, raw material suppliers, end-use industries, and investment research firms. The hallmark of the report is its section on company profiles, wherein a number of prominent players currently active in this market have been overviewed for their market share, operating business segments, business performance, and key strategic moves and recent developments.

Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=1430

The global thermoset molding compound market can be segmented on the basis of resin type into phenolic, epoxy, polyester, and other resins, while on the basis of application, the market can be categorized into aerospace, electrical, automotive, and others. Geographically, the report studies the potential of the market in the regions such as Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Global Thermoset Molding Compound Market: Trends and Opportunities

The increasing need for safety in transportation and aerospace industry is the primary driver of this market, as thermosets offer strength and durability besides being lightweight. The need for economically viable material to replace heavy metals, increasing need for thermally stable and resistance against corrosion, and ease in production of complex shapes are some of the other factors augmenting the demand the global thermoset molding compound market. Conversely, volatility of crude oil prices and stringent regulatory policies pertaining to thermoset resin are expected to hinder the growth rate during the forecast period.

Among all the resin type segments, polyester resin has maximum demand, owing to its property of remarkable flexibility and increasing application in automotive body panel. Polyester resin thermoset molding offers excellent resistance to a wide range of chemicals at room temperature such as gasoline, aliphatic hydrocarbons, alcohols, and glycols. Among the end-use application, the electrical and electronics segment continues to be most lucrative as thermoset molding compound are used for various types of electronic packages such as transistors, capacitors, memory devices, and central processing units (CPUs).

Request Discount of the Report @ www.tmrresearch.com/sample/sample?flag=D&rep_id=1430

Global Thermoset Molding Compound Market: Regional Outlook

Countries such as China and India have become manufacturing hubs for several end-use industries in the recent past. This factor makes this Asia Pacific the most important regional market for thermoset molding compound. The growing economy, low cost labor, and escalating demand for low-maintenance products are some of the factors augmenting the demand from Asia Pacific region.

Companies mentioned in the research report

The report identifies Eastman Chemical Company, Ashland Global Holding Inc., BASF SE, Hexion Inc., Huntsman Corporation, Evonik Industries AG, Kolon Industries Inc., Plastics Engineering Company (Plenco), Kyocera Chemical Corporation, and Rogers Corporation as the key players in global thermoset molding compound market. Product development, collaboration and partnerships, and regional expansion are the key strategies adopted by these players to maintain their stronghold over the market. Some of the other notable players are Hitachi Chemical Company Ltd., Chang Chun Plastics Co. Ltd., Cosmic Plastics Inc., Saudi Basic Industries Corporation (SABIC), and Jiangsu Tianxin Chemical Co., Ltd.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 Molding Compound Market to Witness Comprehensive Growth by 2025 here

News-ID: 882476 • Views: 125

More Releases from TMR Research

Software-Defined Storage Market 2025 | IBM, HPE, Fujitsu, EMC Corporation
Global Software-Defined Storage Market: Snapshot The global software-defined storage market is foreseen to roof a high intensity competitive landscape on account of a number of companies entering the scene due to the interrelation of technologies such as virtualization and cloud computing. Although the level of competition could be on a higher side, it is expected of several companies to lose their grip on the market due to reduced revenues and low
Edge Analytics Market 2017-2025 | Prism Tech, Analytic Edge, CGI Group Inc., Fog …
Global Edge Analytics Market: Snapshot The global edge analytics market has risen to the fore in recent years as a consequence of the rising importance of big data analytics in corporate operations. Rising use of machine systems utilizing Internet of Things technology is also likely to be vital for the global edge analytics market in the coming years. Rising use of data accrued from disparate systems in industrial operations and corporate
Drone-powered Business Solutions Market 2017-2025 | 3D Robotics, Phoenix Drone S …
Global Drone-powered Business Solutions Market: Snapshot Organizations worldwide are acknowledging the benefits they have derived by integrating drones in various verticals such as infrastructure maintenance, security and surveillance, inspection, mapping and surveying, and large-scale capital projects. This likely to provide a significant boost to the growth of the global drone-powered business solutions market. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1007 The primary solutions offered by drone-powered business solutions are software and services.
Industrial Air Filtration Market 2017-2025 | Alfa Laval, Clarcor Inc., Mann + Hu …
Global Industrial Air Filtration Market: Snapshot Occupational safety norms and policies regulating the quality of indoor air in various commercial and industrial buildings have led to the evolution of industrial air filtration market. There is a growing concerns of mitigating the effects of pollutants in ambient air in order to ensure a healthful working conditions in numerous industries such as logistics and recycling. This has led to accelerating demand for industrial

All 26156 Releases


More Releases for Thermoset

Thermoset Resin Composites Market - Evolving Preferences of Users 2028
Use of thermoset resin composites have been gaining immense traction owing to multiple benefits, including high rigidity & hardness, optimal thermal stability, and exceptional creep resistance. Good recyclability is a key aspect that fosters popularity of thermoset resin composites among multiple end-use industries. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4635 With the exponentially-growing composites industry, in terms of technological developments, developments, and production, the demand for thermoset resin composites is also
Thermoset Resin Market Strategies and Forecasts 2024
The global composite industry has been expanding significantly in terms of production, technological advancements, and developments. Thermoset resin plays a vital role in the composite industry. Thermoset resins are used extensively in the manufacture of composites; these resins are employed in the fabrication of products for end-use industries such as aerospace, automotive, sporting goods, construction, electronics, and wind energy. The thermoset resin market can be segmented into six resin types:
Thermoset Molding Compound all-inclusive Overview of Market by 2025
Global Thermoset Molding Compound Market: Snapshot In the current past, thermosets have turned out to be superb trade for metallic or metallic components as they provide highly valuable properties, for instance, mechanical quality, high temperature resistance, compound resistance, electrical protection, and different other advantages. Swift urbanization is having a positive impact on many industries wherein lightweight and solidness of the items are fundamental needs in terms of product. Therefore, the
Thermoset Resin Market Global Analysis, Opportunities | 2024
The global composite industry has been expanding significantly in terms of production, technological advancements, and developments. Thermoset resin plays a vital role in the composite industry. Thermoset resins are used extensively in the manufacture of composites; these resins are employed in the fabrication of products for end-use industries such as aerospace, automotive, sporting goods, construction, electronics, and wind energy. The thermoset resin market can be segmented into six resin types:
Thermoset Molding Compound Market - Expanding Requirement for Security 2017 - 20 …
Global Thermoset Molding Compound Market: Snapshot In the current past, thermosets have turned out to be superb trade for metallic or metallic components as they provide highly valuable properties, for instance, mechanical quality, high temperature resistance, compound resistance, electrical protection, and different other advantages. Swift urbanization is having a positive impact on many industries wherein lightweight and solidness of the items are fundamental needs in terms of product. Therefore, the
Thermoset Molding Compound Market with Current Trends Analysis 2025
Global Thermoset Molding Compound Market: Snapshot In the current past, thermosets have turned out to be superb trade for metallic or metallic components as they provide highly valuable properties, for instance, mechanical quality, high temperature resistance, compound resistance, electrical protection, and different other advantages. Swift urbanization is having a positive impact on many industries wherein lightweight and solidness of the items are fundamental needs in terms of product. Therefore, the