Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market : Future Growth Opportunities 2024
FST resins are used in all areas to circumvent major damage. Particularly, they are very crucial in chemical laboratories and nuclear fields. Since they are offered in variety of types, they are usually used in all areas. The major advantages associated with FST composite resins’ are ultimate fire retardancy, low smoke emission and low smoke toxicity.
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Phenolic prepregs are mainly used in those businesses that require FST properties, such as interior aircraft parts, e.g. side walls and flooring. Exceptional FST properties and high glass transition temperatures (>200oC) are offered by thermoplastic resins. Thus, they can be useful in thermally challenging applications. Laminates formed from cyanate ester or polyester prepregs are volatile-free and provide very low gas permeability. Epoxy resins are used when there is a requirement of heightened mechanical properties.
In pre-preg (pre-impregnated) composite fibers, matrix material (e.g. epoxy) is already present. Weave formation occurs in the fibers and the matrix functions as a medium that binds fibers and other components together during production. The matrix is only partially cured to allow easy handling.
The FST composite resin market is driven by defense, aerospace and transportation industries. Use of FST composite resin is increasing in interior application of rail and aircraft, which is a major driver responsible in growth of FST composite resin market. This is due regulatory authorities’ strict implementation of public safety protocols. It is expected that highest growth rate will be observed in aerospace and deference applications since there is increasing use of FST composites in the interior parts of commercial aircrafts. Federal Aviation Regulations (FAR) and EASA (European Aviation Safety Agency) are mandating the implementation of public safety protocols. Because of this, demand of FST composite in transportation and expected growth in aerospace and deference applications, the global market is driven forward.
Based on varying applications, FST composite resin market is segmented into : transportation, aerospace, defense, construction, etc. Based on the material used in FST composite resin, the FST composite resin market is segmented into : phenolic, thermoplastic, polyester, epoxy, etc.
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In terms of value and volume, FST composite resin market is supposed to be dominated by North America. Some of the reasons for growth in this region are increasing manufacturing industries, developed environment for R&D and improvement of new product by several prominent companies. Increased use of FST composite resin in aerospace and transport sector along with U.S. possessing the largest aircraft manufacturer, the market is foremost in this region.
Some of the key players include AOC LLC, Ashland Inc., BASF SE, BUFA Composite Systems GmbH & Co. KG, Hexion Inc., Huntsman International, Mäder, NORD Composites, Polynt, Reichhold LLC, SABIC, Scott Bader Company Limited.
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