A thermosetting resin can be defined as a prepolymer in a soft solid or viscous state that changes irreversibly into an infusible, insoluble polymer network by curing. Curing is induced by the action of heat or suitable radiation, often under high pressure. Globally thermoset resins are used in a wide range of applications in several industries like automobiles, consumer goods, electronics, etc., due to its light weight and favourable properties.
Globally increasing use of thermoset resin in automobiles is expected to remain the key growth driver during the period of study. On the other hand, volatile raw material prices are also expected to play an important role as a major restraint for this high growth potential market.
Geographically, Asia-Pacific dominates the thermoset resin market driven by higher demand for light weight material in a wide range of applications including huge industrial bases especially from the automobile, consumer durables and electronics industry in the region. Asia-Pacific was followed by North America and Europe as second and third largest markets for thermoset resin market. Asia Pacific is projected to have the fastest growth, owing to rapidly increasing applications into large and expanding industrial base in the region, especially in developing nations such as China and India in this region.
- AEP Industries
- American Packaging Corporation
- Teijin Chemicals
- Saudi Kayan Petrochemical Co.
- North American Pipe Corporation
- The Dow Chemical Company
- Reliance Industries Ltd.
- National Petrochemical Company (NPC)
- DuPont Corporation
Key Topics Covered:
1. Market Overview
2. Executive Summary
3. Market Landscape
4. Market Forces
5. Strategic Analysis
6. Thermoset Resin Market, By Type
7. Thermoset Resin Market, By Application
8. Thermoset Resin Market, By Geography
9. Thermoset Resin Market - Entropy
10. Company Profiles
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