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Molding Compound Market by Thermoset Resin Type (Phenolic, Epoxy, Polyester and Others), by Applications (Electricals, Aerospace, Automotive and Others), and by Region- Global Forecasts to 2020

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Date: 16-Feb-2016
No. of pages: 121
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Global molding compounds market by thermoset  resin type to grow from USD 8.04 billion in 2015 to USD 10.96 billion by 2020, at a compound annual growth rate (CAGR) of 6.40% between2015 and2020, as the thermoset molding compounds are being increasingly used in electrical and automotive applications.

“Electrical applicationaccounts for the largest market share in molding compound market by thermoset resin type”

Thermoset molding compounds can be molded into complex shaped and have been proved to be safe in electric application due to its high performance properties. With improvement of infrastructure, consumer demand for electrical home has changed, as well as use of thermoset molding compounds in electrical components which offer design flexibility. Also, thermoset molding compounds provide great advantages in preventing rust and corrosion of vehicles’ body and key metal parts, thus saving maintenance costs and increasing average lifespan. These are some of the factors driving the global thermoset molding compounds market.

“Phenolic molding compounds to register maximum growth during the forecast period”

Phenolic resin is the most commonly used resin for the production of thermoset molding compounds. There are certain properties of phenolic resins which make superior thermoset molding compounds in comparison to other resins used. Phenolic molding compounds are specified to insulate and protect sensitive components from the adverse effect of high temperature exposure and alsomaintain the structural integrity of thermoset molding compounds. Moreover, as phenolic resins offer consumer safety when the potential for the end product to melt, overheat, or initiate a fire is minimized through the use of a heat resistant phenolic molding material. Due to these properties phenolic molding compounds is expected to register the highest CAGR in the next five years.

“Asia-Pacific is projected to be the fastest-growing thermoset molding compounds market”

Asia-Pacific dominated the thermoset molding compounds market followed by North America. China is expected to register the largest market share in the Asia-Pacific region, due to the growing economy and progressing lifestyle in the country, the need for high performance products in homes and industries in increasing.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted as follows:-


  • By Company Type: Tier 1 (50%), Tier 2 (37%) and Tier 3 (13%).

  • By Designation: C-level (46%), Director Level (21%)and others (33%)

  • By Region: North America (34%), Europe (31%), APAC (23%), and RoW (12%).


Thermoset molding compounds are finding its place in new applications such as consumer goods, which use thermoset molding compounds as one of its core materials in cookware handles, knobs, and electric appliances.

The various key players profiled in the report are as follows:


  • Hexion Inc. (U.S.)

  • Hitachi Chemical Company (Japan)

  • BASF SE (Germany)

  • Huntsman International LLC (U.S.)

  • Eastman Chemical Company (U.S.)

  • Kyocera Chemical Corporation (Japan)

  • Evonik Industries (Germany)

  • Kolon Industries (South Korea)

  • Ashland Inc. (U.S.)

  • Kukdo Chemicals Company (Korea)


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


  • This report segments the thermoset molding compounds 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 competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers and acquisitions.

Molding Compound Market by Thermoset Resin Type (Phenolic, Epoxy, Polyester and Others), by Applications (Electricals, Aerospace, Automotive and Others), and by Region- Global Forecasts to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.3.1 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Thermoset Molding Compounds Market Size (Value), By 2020
4.2 Thermoset Molding Compounds Market: Resin Segments
4.3 Thermoset Molding Compounds – Electrical Application Accounts for the Largest Market Share
4.4 Thermoset Molding Compounds Market Attractiveness, By Country
4.5 Thermoset Molding Compounds, Application Industry, Growth Matrix
4.6 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Thermoset Molding Compounds Market, By Resin Type
5.2.2 Thermoset Molding Compounds Market, By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Need for Corrosion and Heat-Resistant Components in Electricals
5.3.1.2 Weight Saving Advantage for Automotive
5.3.1.3 Ease in Manufacturing Small and Complex Parts
5.3.2 Restraints
5.3.2.1 High Investment Costs
5.3.2.2 High Cost of Raw Materials
5.3.3 Opportunities
5.3.3.1 Entry of Thermoset Molding Compounds in New Application Markets
5.3.3.2 Green Molding Compounds
5.3.4 Challenges
5.3.4.1 to Produce Low-Cost Products

6 Industry Trends
6.1 Introduction
6.1.1 Threat of New Entrants
6.1.2 Threat of Substitutes
6.1.3 Bargaining Power of Suppliers
6.1.4 Bargaining Power of Buyers
6.1.5 Intensity of Competitive Rivalry

7 Thermoset Molding Compounds Market, By Resin Type
7.1 Introduction
7.2 Phenolic
7.3 Polyester
7.4 Epoxy
7.5 Others

8 Thermoset Molding Compounds Market, By Applications
8.1 Introduction
8.2 Automotive
8.3 Aerospace
8.4 Electrical
8.5 Other Applications

9 Thermoset Molding Compound Market, By Region
9.1 Introduction
9.2 Asia-Pacific
9.2.1 China
9.2.2 India
9.2.3 Japan
9.2.4 Rest of Asia-Pacific
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Italy
9.3.5 Rest of Europe
9.4 North America
9.4.1 U.S.
9.4.2 Canada
9.4.3 Mexico
9.5 RoW
9.5.1 Brazil
9.5.2 South Africa
9.5.3 Rest of RoW

10 Competitive Landscape
10.1 Introduction
10.2 Competitive Situation & Trends
10.3 Investments & Expansions
10.4 New Product Launches
10.5 Acquisitions

11 Company Profiles
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
11.1 Introduction
11.2 Hexion Inc
11.3 Hitachi Chemical Company Ltd.
11.4 BASF SE
11.5 Huntsman International LLC.
11.6 Eastman Chemical Company
11.7 Kyocera Chemical Corporation
11.8 Ashland Inc.
11.9 Evonik Industries
11.10 Kolon Industries Inc.
11.11 Kukdo Chemical Co. Ltd.

*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From 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 Thermoset Molding Compounds Market Size, 2013–2020
Table 2 Impact Analysis of Drivers
Table 3 Impact Analysis of Restraints
Table 4 Impact Analysis of Opportunities
Table 5 Impact Analysis of Challenges
Table 6 Thermoset Molding Compound Market Size, By Resin Type, 2013–2020 (USD Million)
Table 7 Thermoset Molding Compound Market Size, By Resin Type, 2013–2020 (Kiloton)
Table 8 Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 9 Thermoset Molding Compounds Market Size, By Application, 2013–2020 (Kiloton)
Table 10 Thermoset Molding Compounds Market Size in Automotive Application, By Region, 2013–2020 (USD Million)
Table 11 Thermoset Molding Compounds Market Size in Automotive Application, By Region, 2013–2020 (Kiloton)
Table 12 Thermoset Molding Compounds Market Size in Aerospace Application, By Region, 2013–2020 (USD Million)
Table 13 Thermoset Molding Compounds Market Size in Aerospace Application, By Region, 2013–2020 (Kiloton)
Table 14 Thermoset Molding Compounds Market Size in Electrical Application, By Region, 2013–2020 (USD Million)
Table 15 Thermoset Molding Compounds Market Size in Electrical Application, By Region, 2013–2020 (Kiloton)
Table 16 Thermoset Molding Compounds Market Size in Other Applications, By Region, 2013–2020 (USD Million)
Table 17 Thermoset Molding Compounds Market Size in Other Applications, By Region, 2013–2020 (Kiloton)
Table 18 Thermoset Molding Compounds Market Size, By Region, 2013-2020 (Kiloton)
Table 19 Thermoset Molding Compounds Market Size, By Region, 2013-2020 (USD Million)
Table 20 Asia-Pacific: Thermoset Molding Compounds Market Size, By Country, 2013-2020 (Kiloton)
Table 21 Asia-Pacific: Thermoset Molding Compounds Market Size, By Country, 2013–2020 (USD Million)
Table 22 Asia-Pacific: Thermoset Molding Compounds Market Size, By Application, 2013-2020 (Kiloton)
Table 23 Asia-Pacific: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 24 China: Thermoset Molding Compounds Market Size, By Application, 2013-2020 (Kiloton)
Table 25 China: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 26 India: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 27 India: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 28 Japan: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 29 Japan: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 30 Rest of Asia-Pacific: Thermoset Molding Compounds Market Size, 2013 – 2020 (Kiloton)
Table 31 Rest of Asia-Pacific: Thermoset Molding Compounds Market Size, 2013–2020 (USD Million)
Table 32 Europe: Thermoset Molding Compounds Market Size, By Country, 2013 – 2020 (Kiloton)
Table 33 Europe: Thermoset Molding Compounds Market Size, By Country, 2013–2020 (USD Million)
Table 34 Europe: Thermoset Molding Compounds Market Size, By Application, 2013-2020 (Kiloton)
Table 35 Europe: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 36 Germany: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 37 Germany: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 38 France: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 39 France: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 40 U.K.: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 41 U.K.: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 42 Italy: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 43 Italy: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 44 Rest of Europe: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 45 Rest of Europe: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 46 North America: Thermoset Molding Compounds Market Size, By Country, 2013 – 2020 (Kiloton)
Table 47 North America: Thermoset Molding Compounds Market Size, By Country, 2013–2020 (USD Million)
Table 48 North America: Thermoset Molding Compounds Market Size, By Application, 2013-2020 (Kiloton)
Table 49 North America: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 50 U.S.: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 51 U.S.: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 52 Canada: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 53 Canada: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 54 Mexico: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 55 Mexico: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 56 RoW: Thermoset Molding Compounds Market Size, By Country, 2013 – 2020 (Kiloton)
Table 57 RoW: Thermoset Molding Compounds Market Size, By Country, 2013–2020 (USD Million)
Table 58 RoW: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 59 RoW: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 60 Brazil: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 61 Brazil: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 62 South Africa: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 63 South Africa: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 64 Rest of RoW: Thermoset Molding Compounds Market Size, By Application, 2013 – 2020 (Kiloton)
Table 65 Rest of RoW: Thermoset Molding Compounds Market Size, By Application, 2013–2020 (USD Million)
Table 66 Investments & Expansions, 2011–2015
Table 67 New Product Launches, 2011–2015
Table 68 Partnerships & Agreements 2011–2015
Table 69 Acquisitions, 2011–2014

List of Figures

Figure 1 Thermoset Molding Compounds Market Segmentation
Figure 2 Thermoset Molding Compounds Market: Research Design
Figure 3 Key Data From Secondary Sources
Figure 4 Key Data From Primary Sources
Figure 5 Key Industry Insights
Figure 6 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation Methodology
Figure 10 Assumptions for Research Study
Figure 11 Electrical Application to Register the Highest CAGR in Thermoset Molding Compounds Market During the Forecast Period
Figure 12 China Dominated the Thermoset Molding Compounds Market,2014
Figure 13 Asia-Pacific is the Fastest-Growing Region in the Thermoset Molding Compounds Market (Value), 2014
Figure 14 Attractive Opportunities in the Thermoset Molding Compounds Market During the Forecast Period
Figure 15 Phenolic Resin Projected to Be the Fastest-Growing Market Among All the Thermoset Resin Types, 2015–2020
Figure 16 Asia-Pacific Was the Biggest Market for Thermoset Molding Compounds, in Terms of Value, 2014
Figure 17 China Projected to Be the Fastest-Growing Market (Kiloton), 2015–2020
Figure 18 Electrical Application Projected to Witness Highest Growth Rate Between 2015 and 2020
Figure 19 Asia-Pacific Market is Projected to Experience Exponential Growth During the Forecast Period
Figure 20 Drivers, Restraints, Opportunities, and Challenges in Thermoset Molding Compounds Market
Figure 21 Porter’s Five Forces: Intensity of Rivalry is High Due to Low Level of Product Differentiation
Figure 22 Electrical Application Projected to Register the Highest Market Size (USD Million), 2015–2020
Figure 23 Rising Demand for Lightweight Components Will Boost the Growth of Automotive Application, 2015 vs 2020 (USD Million)
Figure 24 Market Size of Thermoset Molding Compounds in Aerospace Application, 2015 vs 2020, (USD Million)
Figure 25 Electrical Application to Dominate Other Applications in the Thermoset Molding Compounds Market
Figure 26 Regional Snapshot: Rapid Growth Markets are Emerging as New Strategic Locations (2015–2020)
Figure 27 Asia-Pacific Market Snapshot: China is the Most Lucrative Market
Figure 28 Germany to Dominate the Thermoset Molding Compounds Market in Europe (2015–2020)
Figure 29 U.S. is the Key Market for the Thermoset Molding Compounds Market in North America
Figure 30 Expansions Was the Main Strategy Adopted By Leading Companies Between 2011 and 2015
Figure 31 Expansions & Investments Was the Major Strategy Adopted By Leading Players Between 2011 and 2015
Figure 32 Regional Revenue Mix of Top5 Market Players
Figure 33 Hexion Inc.: Company Snapshot
Figure 34 Hexion Inc.: SWOT Analysis
Figure 35 Hitachi Chemical Company Ltd.: Company Snapshot
Figure 36 Hitachi Chemical Company Ltd.: SWOT Analysis
Figure 37 BASF SE : Company Snapshot
Figure 38 BASF SE : SWOT Analysis
Figure 39 Huntsman International LLC.: Company Snapshot
Figure 40 Huntsman International LLC: SWOT Analysis
Figure 41 Eastman Chemical Company: Company Snapshot
Figure 42 Eastman Chemical Company: SWOT Analysis
Figure 43 Kyocera Chemical Corporation: Company Snapshot
Figure 44 Ashland Inc.: Company Snapshot
Figure 45 Evonik Industries: Company Snapshot
Figure 46 Kolon Industries Inc: Company Snapshot
Figure 47 Kukdo Chemical Co. Ltd.: Company Snapshot

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