DUBLIN--(BUSINESS WIRE)--The "Cyanate Ester Resins Market by End-Use Industry (Aerospace & Defense, Electrical & Electronics), Application (Composites, Adhesives), and Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global cyanate ester resin market is projected to grow from USD 195.2 million in 2017 to reach USD 338.8 million by 2022, at a CAGR of 11.7% between 2017 and 2022.
The increasing demand for high temperature resins from the aerospace & defense industry is one of the major drivers for the cyanate ester resin market. This increasing demand is due to their use in various structural thermoset composites parts used in Boing and Airbus aircraft and the increasing demand for fuel efficient vehicles.
On the other hand, issues related to recyclability, remoldability, and testing of cyanate ester resins as well as the high manufacturing cost are restraining the demand in mass production applications such as in automotive and wind energy industries. High R&D cost and reducing the curing time while composite manufacturing are some of the challenges for the market.
The companies profiled in this market research report are Lonza (Switzerland), Huntsman (US), Cytec Solvay Group (US), Henkel (Germany), Tencate Advanced Composites (Netherlands), and others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Cyanate Ester Resin Market, By Application
7 Cyanate Ester Resin Market, By End-Use Industry
8 Cyanate Ester Resin Market, By Region
9 Competitive Landscape
10 Company Profiles
- Hexcel Corporation
- Tencate Advanced Composites
- Cytec Solvay Group
- Argosy International
For more information about this report visit https://www.researchandmarkets.com/research/454s4l/global_cyanate?w=4