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High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester), Manufacturing Process, End-use Industry (Aerospace & Defense, Transportation, Electrical & Electronics), and Region - Global Forecast to 2023

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Date: 29-Jun-2018
No. of pages: 123
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“High temperature composite resin market projected to grow at a CAGR of 9.4% during forecast period”

The high temperature composite resin market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% during the forecast period. The major factor driving the growth of the market is the increasing demand for high temperature composite resins from the aerospace & defense end-use industry due to emission regulations and thermal resistance properties of these resins. However, the high prices and difficult process ability of high temperature composite resins may restrain the growth of the market.

“Lay-up projected to be fastest-growing manufacturing process of high temperature composite resin market during forecast period”

The lay-up molding process is the major composite manufacturing process consuming high temperature composite resins owing to the developed aerospace & defense industry and recovery of the marine industry at the global level. This process is applicable for designing simple enclosures and lightly loaded structural panels because it provides orientation of the fibers that can be controlled as needed so that they can absorb maximum stresses to which they are subjected.

“North America expected to be the fastest-growing market for high temperature composite resin during forecast period”

The North American region is expected to be the fastest-growing high temperature composite resin market globally between 2018 and 2023 due to the increased demand from aerospace & defense and transportation industries. Stringent safety regulations in this region, especially in the US., have helped the high temperature composite resin market to grow in the transportation and aerospace & defense application segment. The demand for high temperature composite resin in aerospace & defense is also high owing to the presence of the largest aircraft manufacturers Boeing and Lockheed Martin in the country. The use of high temperature composite resins in fighter jets is rising significantly in the region owing to the high defense budget of the US.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into following three categories:


  • By Company Type: Tier 1—35%, Tier 2—25%, and Tier 3—40%

  • By Designation: C Level—35%, Director Level—30%, and Others—35%

  • By Region: North America—30%, Europe—25%, Asia Pacific—30%, MEA — 10%, and Latin America—5%


This report also provides a comprehensive analysis of the companies listed below:


  • Huntsman International (US)

  • Hexion (US)

  • Hexcel Corporation (US)

  • Royal TenCate (Netherlands)

  • Sumitomo Bakelite (Japan)

  • Arkema (France)

  • DIC Corporation (Japan)

  • Lonza (Switzerland)

  • Nexam Chemical Holding (Sweden)

  • UBE Industries (Japan)


Research Coverage

This report covers the market for high temperature composite resin and forecasts the market size until 2023. The report includes the market segmentation by resin type (phenolic, epoxy, thermoplastic, polyimide, cyanate ester, benzoxazine, others); manufacturing process (lay-up, filament winding, injection molding, pultrusion, compression molding, others); end-use industries (aerospace & defense, transportation, electrical & electronics, others); and region (North America, Europe, APAC, Latin America, MEA). The Porter’s Five Forces analysis, along with drivers, restraints, challenges, and opportunities have been discussed in the report. The report also provides company profiles and competitive strategies adopted by major players in the high temperature composite resin market.

Key Benefits of Buying the Report

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


  • The report segments the high temperature composite resin market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across different verticals and regions.

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

  • The report will help stakeholders better understand competitors and gain insights to better their position in the business. The competitive landscape section includes new product launches, partnerships, expansions, partnerships, collaborations, and acquisitions.

High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester), Manufacturing Process, End-use Industry (Aerospace & Defense, Transportation, Electrical & Electronics), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 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 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the High Temperature Composite Resin Market
4.2 High Temperature Composite Resin Market, By Resin Type
4.3 High Temperature Composite Resin Market, By Manufacturing Process
4.4 High Temperature Composite Resin Market, By End-Use Industry and Region
4.5 High Temperature Composite Resin Market, By Country
4.6 High Temperature Composite Resin Market Size, By End-Use Industry

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Excellent Thermal Performance of High Temperature Composite Resins
5.2.1.2 Increasing Demand for Lightweight Materials From Transportation and Aerospace & Defense Industries
5.2.1.3 Increase in Demand for High Temperature Thermoplastic Resin
5.2.2 Restraints
5.2.2.1 High Cost of High Temperature Composite Resins
5.2.2.2 Recycling-Related Issues
5.2.2.3 Handling and Processing Issues
5.2.3 Opportunities
5.2.3.1 Increasing Demand From Europe and North America to Meet Stringent Regulations
5.2.3.2 Number of Research Programs in Line to Reduce the Cost of High Temperature Composite Resins
5.2.4 Challenges
5.2.4.1 Need for Continuous Improvement in Product Offering
5.2.4.2 Ongoing Global Economic Volatility and Fluctuating Commodity Prices
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Bargaining Power of Suppliers
5.3.3 Bargaining Power of Buyers
5.3.4 Threat of New Entrants
5.3.5 Intensity of Competitive Rivalry

6 High Temperature Composite Resin Market, By Resin Type
6.1 Introduction
6.2 Phenolic
6.3 Epoxy
6.4 Thermoplastic
6.5 Polyimide
6.6 Benzoxazine
6.7 Cyanate Ester
6.8 Others (BMI and Phthalonitriles)

7 High Temperature Composite Resin Market, By Manufacturing Process
7.1 Introduction
7.1.1 Layup
7.1.2 Filament Winding
7.1.3 Injection Molding
7.1.4 Pultrusion
7.1.5 Compression Molding
7.1.6 Other Processes

8 High Temperature Composite Resin Market, By End-Use Industry
8.1 Introduction
8.2 Aerospace & Defense
8.2.1 Aircraft Components
8.2.2 Space & Defense Components
8.3 Transportation
8.4 Electrical & Electronics
8.5 Others

9 High Temperature Composite Resin Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Spain
9.3.4 UK
9.3.5 Italy
9.3.6 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 South Korea
9.4.4 India
9.4.5 Malaysia
9.4.6 Rest of APAC
9.5 Latin America
9.5.1 Brazil
9.5.2 Mexico
9.5.3 Rest of Latin America
9.6 MEA
9.6.1 Israel
9.6.2 South Africa
9.6.3 Rest of MEA

10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking
10.2.1 Huntsman Corporation
10.2.2 Hexcel Corporation
10.2.3 Royal Tencate N.V.
10.3 Recent Development
10.3.1 New Product Launch
10.3.2 Expansion
10.3.3 Acquisition
10.3.4 Agreements, Partnerships, & Collaboration

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Huntsman International LLC
11.2 Hexcel Corporation
11.3 Sumitomo Bakelite Co., Ltd.
11.4 Royal Tencate N.V.
11.5 Hexion Inc.
11.6 DIC Corporation
11.7 Arkema S.A.
11.8 Lonza AG
11.9 Nexam Chemical Holding AB
11.10 UBE Industries, Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11.11 Other Companies
11.11.1 Renegade Materials Corporation
11.11.2 Maverick Corporation
11.11.3 Raptor Resins Inc.
11.11.4 Performance Polymer Solutions Inc.
11.11.5 Barrday Corporation
11.11.6 Hybrid Plastics Inc.
11.11.7 De-Comp Composites, Inc.
11.11.8 Shikoku Chemicals Corporation
11.11.9 Celanese Corporation
11.11.10 Sabic

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables

Table 1 High Temperature Composite Resin Market Size, 2016–2023
Table 2 High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 3 High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 4 Phenolic High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 5 Phenolic High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 6 Epoxy High Temperature Composite Resin Market Size, By End-Use Industry , 2016–2023 (USD Thousand)
Table 7 Epoxy High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 8 Thermoplastic High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 9 Thermoplastic High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 10 Polyimide High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 11 Polyimide High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 12 Benzoxazine High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 13 Benzoxazine High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 14 Cyanate Ester High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 15 Cyanate Ester High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 16 Other High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 17 Other High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 18 High Temperature Composite Resin Market Size, By Manufacturing Process, 2016–2023 (USD Thousand)
Table 19 High Temperature Composite Resin Market Size, By Manufacturing Process, 2016–2023 (Tons)
Table 20 High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 21 High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 22 High Temperature Composite Resin Market Size in Aerospace & Defense, By Region, 2016–2023 (USD Thousand)
Table 23 High Temperature Composite Resin Market Size in Aerospace & Defense, By Region, 2016–2023 (Ton)
Table 24 High Temperature Composite Resin Market Size in Transportation, By Region, 2016–2023 (USD Thousand)
Table 25 High Temperature Composite Resin Market Size in Transportation, By Region, 2016–2023 (Ton)
Table 26 High Temperature Composite Resin Market Size in Electrical & Electronics, By Region, 2016–2023 (USD Thousand)
Table 27 High Temperature Composite Resin Market Size in Electrical & Electronics End-Use Industry, By Region, 2016–2023 (Ton)
Table 28 High Temperature Composite Resin Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Thousand)
Table 29 High Temperature Composite Resin Market Size in Other End-Use Industries, By Region, 2016–2023 (Ton)
Table 30 High Temperature Composite Resin Market Size, By Region, 2016–2023 (USD Thousand)
Table 31 High Temperature Composite Resin Market Size, By Region, 2016–2023 (Ton)
Table 32 North America: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 33 North America: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 34 North America: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 35 North America: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 36 North America: High Temperature Composite Resin Market Size, By Country, 2016–2023 (USD Thousand)
Table 37 North America: High Temperature Composite Resin Market Size, By Country, 2016–2023 (Ton)
Table 38 Europe High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 39 Europe: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 40 Europe: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 41 Europe: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 42 Europe: High Temperature Composite Resin Market Size, By Country, 2016–2023 (USD Thousand)
Table 43 Europe: High Temperature Composite Resin Market Size, By Country, 2016–2023 (Ton)
Table 44 APAC: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 45 APAC: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 46 APAC: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 47 APAC: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 48 APAC: High Temperature Composite Resin Market Size, By Country, 2016–2023 (USD Thousand)
Table 49 APAC: High Temperature Composite Resin Market Size, By Country, 2016–2023 (Ton)
Table 50 Latin America: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 51 Latin America: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 52 Latin America: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 53 Latin America: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 54 Latin America: High Temperature Composite Resin Market Size, By Country, 2016–2023 (USD Thousand)
Table 55 Latin America: High Temperature Composite Resin Market Size, By Country, 2016–2023 (Ton)
Table 56 MEA: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (USD Thousand)
Table 57 MEA: High Temperature Composite Resin Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 58 MEA: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (USD Thousand)
Table 59 MEA: High Temperature Composite Resin Market Size, By Resin Type, 2016–2023 (Ton)
Table 60 MEA: High Temperature Composite Resin Market Size, By Country, 2016–2023 (USD Thousand)
Table 61 MEA: High Temperature Composite Resin Market Size, By Country, 2016–2023 (Ton)
Table 62 New Productlaunch, 2014–2018
Table 63 Expansion, 2014–2018
Table 64 Acquisition, 2014–2018
Table 65 Agreement, Partnership, & Collaboration, 2014–2018

List of Figures

Figure 1 High Temperature Composite Resin Market Segmentation
Figure 2 High Temperature 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 High Temperature Composite Resin Market: Data Triangulation
Figure 6 Aerospace & Defense to Be the Largest End-Use Industry in the High Temperature Composite Resin Market
Figure 7 Phenolic to Be the Largest Resin Type in the High Temperature Composite Resin Market
Figure 8 US to Dominate the High Temperature Composite Resin Market
Figure 9 North America Dominated the High Temperature Composite Resin Market
Figure 10 Significant Growth Opportunities in the High Temperature Composite Resin Market, 2018–2023
Figure 11 Phenolic to Be the Largest Resin Type
Figure 12 Lay-Up to Be the Fastest-Growing Manufacturing Process
Figure 13 North America Led the High Temperature Composite Resin Market
Figure 14 Germany to Register the Highest CAGR in the High Temperature Composite Resin Market
Figure 15 Aerospace & Defense to Be the Largest End-Use Industry
Figure 16 Factors Governing the High Temperature Composite Resin Market
Figure 17 High Temperature Composite Resin Market: Porter’s Five Forces Analysis
Figure 18 Phenolic to Be the Largest Resin Type in the High Temperature Composite Resin Market
Figure 19 Aerospace & Defense End-Use Industry to Dominate Phenolic High Temperature Composite Resin Market
Figure 20 Aerospace & Defense to Be the Lagest End-Use Industry in Epoxy High Temperature Composite Resin Market
Figure 21 Aerospace & Defense to Be the Lagest End-Use Industry in Thermoplastic High Temperature Composite Resin Market
Figure 22 Lay-Up Manufacturing Process to Register the Highest CAGR
Figure 23 Aerospace & Defense to Outpace Other End-Use Industries
Figure 24 North America to Register the Highest CAGR in the High Temperature Composite Resin Market in Aerospace & Defense End-Use Industry
Figure 25 Europe to Be the Largest High Temperature Composite Resin Market in Transportation End-Use Industry
Figure 26 APAC to Be the Largest High Temperature Composite Resin Market in Electrical & Electronics End-Use Industry
Figure 27 US to Drive the North American High Temperature Composite Resin Market (2016–2023)
Figure 28 North America: High Temperature Composite Resin Market Snapshot
Figure 29 Europe: High Temperature Composite Resin Market Snapshot
Figure 30 APAC: High Temperature Composite Resin Market Snapshot
Figure 31 Brazil to Dominate the High Temperature Composite Resin Market in Latin America
Figure 32 Israel to Be the Largest High Temperature Composite Resin Market in MEA
Figure 33 New Product Launch Was the Key Growth Strategy Between 2014 and 2018
Figure 34 Huntsman Corporation: the Largest Company in the High Temperature Composite Resin Market
Figure 35 Huntsman International LLC: Company Snapshot
Figure 36 Hexcel Corporation: Company Snapshot
Figure 37 Sumitomo Bakelite Co., Ltd.: Company Snapshot
Figure 38 Royal Tencate N.V.: Company Snapshot
Figure 39 Hexion Inc.: Company Snapshot
Figure 40 DIC Corporation: Company Snapshot
Figure 41 Arkema S.A.: Company Snapshot
Figure 42 Lonza AG: Company Snapshot
Figure 43 UBE Industries, Ltd.: Company Snapshot

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