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Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market by Resin Type (Phenolic, Epoxy, Polyester, Thermoplastic), by Composite Manufacturing Process, by Application (Transportation, A&D, Construction, Marine), and by Region - Global Forecast to 2020

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Date: 10-Feb-2016
No. of pages: 131
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“Increasing demand for Fire, Smoke, Toxicity Retardant (FST) Composite Resin from rail and aircraft interior applications to drive the FST composite resin market”

The global FST composite resin market is projected to reach about USD 835.2million by 2020, registering a CAGR of 8.5% between 2015 and 2020. The major drivers fueling the growth of the FST composite resin market are increasing use of FST composite resin in interior application of rail and aircraft so as to meet stringent public safety regulations imposed by various regulatory authorities.

“Aerospace & defense is the fastest-growing application for the FST composite resin market.”

The FST composite resin in aerospace & defense application is also projected to witness the highest growth rate, due to the increasing penetration of composites into interior of commercial aircrafts, such as the Gulfstream Aerospace G650, Boeing B787, Airbus A320, and Airbus A350 XWB.FST composite resins such as thermoset and thermoplastic, which are used as a matrix in composites, offer improved performance properties including safety that make the composites viable in such applications. The stringent safety regulations mandated by Federal Aviation Regulations (FAR) and EASA (European Aviation Safety Agency) coupled with high demand of FST composite resin from transportation and aerospace & defense applications, are driving the global FST composite resin market.

“North America is the fastest-growing market for FST composite resin.”

North America is the fastest-growing market for FST composite resin, in terms of value and volume. High economic growth rate, growing manufacturing industries, and new product developments by various leading players are few factors leading to the growth of the market for FST composite resin in this region. The U.S. dominates the market for FST composite resin in North America. Stringent safety regulations in this region especially in the U.S. drive the FST composite resin market in the transportation and aerospace & defense applications. Also, the demand for FST composite resin in aerospace & defense is high owing to the presence of largest aircraft manufacturer Boeing in the country.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided in three categories: by company type, by designation, and by region.


  • By company type- Tier 1- 24%, Tier 2- 32%, and Tier 3- 44%

  • By designation- C Level- 35%, Director Level- 20%, and Others- 45%

  • By region- North America- 25%, Europe- 30%, Asia-Pacific- 40%, and RoW -5%


The report also provides company profiles and competitive strategies adopted by the major market players; the various key players profiled in the report are as follows:


  • Ashland Inc. (the U.S.)

  • BASF SE (Germany)

  • BUFA Composite Systems GmbH & Co. KG (Germany)

  • Hexion Inc. (the U.S.)

  • Huntsman Corporation (the U.S.)

  • Mader Composites (France)

  • NORD Composites (France)

  • Polynt SPA (Italy)

  • Reichhold LLC (the U.S.)

  • SABIC (Saudi Arabia)

  • Scott Bader Company Limited (U.K.)


Reasons to buy the Report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the FST composite resin market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions.

  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market by Resin Type (Phenolic, Epoxy, Polyester, Thermoplastic), by Composite Manufacturing Process, by Application (Transportation, A&D, Construction, Marine), and by Region - Global Forecast to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Market
1.3.1 Years Considered in the Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 FST Composite Resin Market Size, 2015 vs 2020
4.2 FST Composite Resin Market Size, By Manufacturing Processes
4.3 FST Composite Resin Market, By Key Application in APAC, 2014
4.4 FST Composite Resin Market Share, By Volume, 2014
4.5 FST Composite Resin Market, Developing vs Developed Nations
4.6 FST Composite Resin Market Size, By Application (2015-2020)

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 FST Composite Resin Market, By Resin Type
5.2.2 FST Composite Resin Market, By Manufacturing Process
5.2.3 FST Composite Resin Market, By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Introduction of Safety Norms in Public Transportation
5.3.1.2 Increasing Demand of FST Composite Resin From Rail and Aircraft Interior Applications
5.3.1.3 Increase in Demand for FST Thermoplastic Resin
5.3.2 Restraints
5.3.2.1 High Cost of FST Composite Resins
5.3.2.2 Recycling-Related Issues
5.3.3 Opportunities
5.3.3.1 Stringent Regulations in Europe and North America is Increasing the Demand of FST Composite Resin
5.3.3.2 R&D Efforts to Reduce the Cost of FST Composite Resin in the Near Future
5.3.4 Challenges
5.3.4.1 Need for Continuous Improvement in Product Offering
5.4 Porter’s Five Forces Analysis
5.4.1 Threat of Substitutes
5.4.2 Bargaining Power of Suppliers
5.4.3 Bargaining Power of Buyers
5.4.4 Threat of New Entrants
5.4.5 Intensity of Rivalry

6 FST Composite Resin Market, By Resin Type
6.1 Introduction
6.1.1 Phenolic
6.1.2 Epoxy
6.1.3 Polyester
6.1.4 Thermoplastic
6.1.5 Others (Vinyl Ester, Benzoxazine, BMI)

7 FST Composite Resin Market, By Composite Manufacturing Process
7.1 Introduction

8 FST Composite Resin Market, By Application
8.1 Introduction
8.2 Aerospace & Defense
8.3 Transportation
8.4 Building & Construction
8.5 Marine
8.6 Other Applications

9 FST Composite Resin Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 South Korea
9.4.4 Rest of APAC
9.5 Rest of the World
9.5.1 Brazil
9.5.2 Other Countries

10 Competitive Landscape
10.1 Introduction
10.2 Competitive Situations and Trends
10.2.1 Key Growth Strategies
10.2.2 New Product Developments/Launches
10.2.3 Expansions
10.2.4 Mergers & Acquisitions

11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 Introduction
11.2 ASHL and Inc.
11.3 BASF SE
11.4 Huntsman Corporation
11.5 Hexion Inc.
11.6 Saudi Basic Industries Corporation (Sabic)
11.7 Polynt Spa (Polynt Composites USA Inc.)
11.8 Scott Bader Company Limited
11.9 Reichhold LLC
11.10 Bufa Composite Systems GmbH & Co. Kg.
11.11 Mader Composites
11.12 Nord Composites

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports

List of Tables

Table 1 FST Composite Resin Market Size, 2013–2020
Table 2 FST Composite Resin Market Size, By Resin Type, 2013–2020 (USD Million)
Table 3 FST Composite Resin Market Size, By Resin Type, 2013–2020 (Kiloton)
Table 4 Phenolic FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 5 Phenolic FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 6 Epoxy FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 7 Epoxy FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 8 Polyester FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 9 Polyester FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 10 Thermoplastic FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 11 Thermoplastic FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 12 Other FST Composite Resins Market Size, By Application, 2013–2020 (USD Million)
Table 13 Other FST Composite Resins Market Size, By Application, 2013–2020 (Kiloton)
Table 14 FST Composite Resin Market Size, By Composite Manufacturing Process, 2013–2020 (USD Million)
Table 15 FST Composite Resin Market Size, By Composite Manufacturing Process, 2013–2020 (Kiloton)
Table 16 FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 17 FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 18 FST Composite Resin Market Size in Aerospace & Defense Application, By Region, 2013–2020 (USD Million)
Table 19 FST Composite Resin Market Size in Aerospace & Defense Application, By Region, 2013–2020 (Kiloton)
Table 20 FST Composite Resin Market Size in Transportation Application, By Region, 2013–2020 (USD Million)
Table 21 FST Composite Resin Market Size in Transportation Application, By Region, 2013–2020 (Kiloton)
Table 22 FST Composite Resin Market Size in Building & Construction Application, By Region, 2013–2020 (USD Million)
Table 23 FST Composite Resin Market Size in Building & Construction Application, By Region, 2013–2020 (Kiloton)
Table 24 FST Composite Resin Market Size in Marine Application, By Region, 2013–2020 (USD Million)
Table 25 FST Composite Resin Market Size in Marine Application, By Region, 2013–2020 (Kiloton)
Table 26 FST Composite Resin Market Size in Other Applications, By Region, 2013–2020 (USD Million)
Table 27 FST Composite Resin Market Size in Other Applications, By Region, 2013–2020 (Kiloton)
Table 28 FST Composite Resin Market Size, By Region, 2013–2020 (USD Million)
Table 29 FST Composite Resin Market Size, By Region, 2013–2020 (Kiloton)
Table 30 North America: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 31 North America: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 32 North America: FST Composite Resin Market Size, By Country, 2013–2020 (USD Million)
Table 33 North America: FST Composite Resin Market Size, By Country, 2013–2020 (Kiloton)
Table 34 U.S.: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 35 U.S.: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 36 Canada: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 37 Canada FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 38 Mexico: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 39 Mexico: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 40 Europe  FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 41 Europe: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 42 Europe: FST Composite Resin Market Size, By Country, 2013–2020 (USD Million)
Table 43 Europe: FST Composite Resin Market Size, By Country, 2013–2020 (Kiloton)
Table 44 Germany: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 45 Germany: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 46 France: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 47 France: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 48 U.K.: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 49 U.K.: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 50 Rest of Europe: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 51 Rest of Europe: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 52 APAC: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 53 APAC: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 54 APAC: FST Composite Resin Market Size, By Country, 2013–2020 (USD Million)
Table 55 APAC: FST Composite Resin Market Size, By Country, 2013–2020 (Kiloton)
Table 56 China: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 57 China: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 58 Japan: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 59 Japan: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 60 South Korea: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 61 South Korea: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 62 Rest of APAC: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 63 Rest of APAC: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 64 RoW: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 65 RoW: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 66 RoW: FST Composite Resin Market Size, By Country, 2013–2020 (USD Million)
Table 67 RoW: FST Composite Resin Market Size, By Country, 2013–2020 (Kiloton)
Table 68 Brazil: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 69 Brazil: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 70 Other Countries: FST Composite Resin Market Size, By Application, 2013–2020 (USD Million)
Table 71 Other Countries: FST Composite Resin Market Size, By Application, 2013–2020 (Kiloton)
Table 72 New Product Developments/Launches, 2011-2015
Table 73 Expansions
Table 74 Mergers & Acquisitions

List of Figures

Figure 1 FST Composite Resin: Market Segmentation
Figure 2 FST Composite Resin Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Aerospace & Defense Application Estimated to Witness the Highest Growth in the FST Composite Resin Market, 2015–2020
Figure 7 Phenolic Resin Dominated the FST Composite Resin Market in 2014
Figure 8 U.S. is Expected to Be the Fastest-Growing Country in the FST Composite Resin Market
Figure 9 Injection Molding Process to Dominate the FST Composite Resin Market Till 2020
Figure 10 Europe Lead the FST Composite Resin Market in 2014
Figure 11 Attractive Opportunities in the FST Composite Resin Market, 2015–2020
Figure 12 Lay-Up Expected to Be the Fastest-Growing Manufacturing Process in the FST Composite Resin Market, 2015–2020
Figure 13 China Dominated the Asia-Pacific FST Composite Resin Market, 2014
Figure 14 U.S. and Germany  Accounted for Major Shares in the FST Composite Resin Market, 2014
Figure 15 Developed Countries to Grow Faster Than Developing Countries
Figure 16 Transportation Application to Contribute for the Largest Market Size Between 2015-2020
Figure 17 Drivers, Restraints, Opportunities, and Challenges in FST Composites Resin Market
Figure 18 Porter’s Five Forces Analysis
Figure 19 Phenolic FST Composite Resin Market to Witness Highest Growth Between 2015 and 2020
Figure 20 Polyester FST Composite Resin Market in Aerospace & Defense Application Expected to Register Highest Growth Rate
Figure 21 Transportation Application Dominates Other FST Composite Resins Market, By Value (2015–2020)
Figure 22 Lay-Up Composite Manufacturing Process Expected to Register Highest Growth Rate During 2015 and 2020
Figure 23 Injection Molding Composite Manufacturing Process Dominates the FST Composite Resin Market, By Volume, 2015–2020
Figure 24 Aerospace & Defense to Be the Fastest Growing Application for FST Composite Resin During Forecast Period
Figure 25 Europe Projected to Register Highest CAGR in the FST Composite Resin Market in Transportation Application
Figure 26 Asia-Pacific Dominates FST Composite Resin Market in Other Applications
Figure 27 U.S. and European Countries Projected to Drive the Global FST Composite Resin Market (2015–2020)
Figure 28 North America FST Composite Resin Market Snapshot: U.S. is the Most Lucrative Market
Figure 29 Europe FST Composite Resin Market Snapshot: Germany is the Fastest-Growing Market in Europe
Figure 30 Asis-Pacific FST Composite Resin Market Snapshot: China is the Key Market
Figure 31 Aerospace & Defense Industry Projected to Be the Fastest-Growing Segment in RoW
Figure 32 Companies Adopted New Product Developments/Launches as the Key Growth Strategy Between 2011 and 2015
Figure 33 Yearly Market Development Matrix: 2012 and 2014 Witnessed the Maximum Number of Developments
Figure 34 New Product Launches: Most Preferred Development Strategy
Figure 35 Regional Revenue Mix of the Key Market Players
Figure 36 ASHL and Inc.: Company Snapshot
Figure 37 ASHL and Inc.: SWOT Analysis
Figure 38 BASF SE: Company Snapshot
Figure 39 BASF SE: SWOT Analysis
Figure 40 Huntsman Corporation: Company Snapshot
Figure 41 Huntsman Corporation: SWOT Analysis
Figure 42 Hexion Inc.: Company Snapshot
Figure 43 Hexion Inc.: SWOT Analysis
Figure 44 Sabic: Company Snapshot
Figure 45 Sabic: SWOT Analysis
Figure 46 Polynt Composites USA Inc.: Company Snapshot
Figure 47 Scott Bader Company Limited: Company Snapshot

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