The Global High
Temperature Resin Market is estimated to be valued at USD 3.16 Billion
in 2016, and is projected to reach USD 4.88 Billion by 2026, at a CAGR of 4.44%
from 2016 to 2026.
Browse 112 market data tables and 54
figures spread through 162 pages and in-depth TOC on “High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic,
Polyester, Polyether sulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide),
Application (Adhesives & Sealants, Paints & Coatings, Composites), and
Region - Global Forecast to 2026”
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Composites is the fastest growing
application of the high temperature resin
High temperature composites are used
in various industries such as aerospace & defence, transportation, building
& construction, and marine. High temperature resins are used in composites
to increase resistivity to ignition and the reduction of smoke, fume emission,
and heat release. These properties of high temperature resins in composites are
driving their use in the rail, aerospace, and building & construction
industries. In the aerospace & defence industry, they are used in
sidewalls, ceilings, edges, bulkheads, flooring & doors, window reveals,
seating, ducting, and latches.
The Asia-Pacific region is expected
to grow at the fastest rate in the global high temperature resin market, in
terms of value and volume, from 2016 to 2021. The increasing demand from
emerging economies, such as China and India, and the increased sales of
high-end vehicles, and electrical & electronics appliances, are expected to
drive the growth of the Asia-Pacific high temperature resin market. China, India,
and Thailand are major hubs of automotive production, which require the use of
the high temperature resin in the manufacture of adhesives for these
applications.
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Key market players in the high
temperature resin market
The key players in this market are
Solvay S.A. (Belgium), Huntsman Corporation (U.S.), E. I. du Pont de Nemours
and Company (U.S.), Hexion Inc. (U.S.), Mitsui Chemicals Inc. (Japan), DIC
Corporation (Japan), Henkel AG & Co., KGaA (Germany), Dow Corning Corporation
(U.S.), Wacker Chemie AG (Germany), Royal Tencate N.V. (Netherlands), and BASF
SE (Germany).
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