High-temperature composite resins are used in applications that require resistance to high temperatures such as bulkheads, ducting, and ceilings. Some of the commonly used high-temperature composite resins are bismaleimides, polyimides, cyanate esters, bezoxazines, phenolic, and epoxy. Bismaleimide resins are the most widely used high-temperature composite resins in various applications including military and commercial aircraft and helicopters due to their high-temperature resistance properties.

The growth of the global high-temperature composite resin market is driven by the increasing demand in major end-use industries such as aerospace and defense, automotive and transportation, and electrical and electronics. The demand for high-temperature composite resins is driven by the growing aerospace and defense industry globally.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6352

The growing aerospace and defense industry with increasing investments in defense equipment by governments in nations such as the US, Germany, China, and India to bolster military power is likely to fuel the demand for high-temperature composite resins. The consumption of high-temperature composite resins is increasing in various space applications such as rocket booster cases, fairings and payload doors for launch vehicles, and buss and solar arrays for military and commercial satellites.

Segmentation Analysis

The global high-temperature composite resin market has been segmented by type, manufacturing process, end-use industry, and region. Based on type, the market has been segmented into bismaleimides, polyimides, cyanate resins, phenolic, epoxy, benzoxazine, thermoplastic, and others. By manufacturing process, the market has been divided into layup, injection molding, compression molding, pultrusion, filament winding, resin transfer molding, and others.

Regional Analysis

The market in Asia-Pacific is expected to be the fastest growing due to the rapidly growing aviation industry in developing economies such as India, China, and Thailand. Increasing air traffic coupled with the growing tourism industry in emerging economies has led to a surge in the demand for aircraft, which is expected to drive the growth of the high-temperature composite resin market. This can be attributed to the growing aerospace and defense industry on account of the increasing production of aircraft to meet global demand. According to the Aerospace Industries Association (AIA), exports by the US aerospace and defense industry grew by 26% over five years to reach USD 143 billion in 2017. The market in North America accounted for the largest share of the high-temperature composite resin market in 2017 and is expected to continue its dominance during the forecast period. Browse the market data and information spread across 140 pages with 47 data tables and 12 figures of the report “High-temperature composite resin market by Application Industry Outlook Sources Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/high-temperature-composite-resin-market-6352

Key Players and Competition Analysis

Some of the key players in the global high-temperature composite resin market are Huntsman International LLC (US), Hexcel Corporation (US), Sumitomo Bakelite Co., Ltd (Japan), Koninklijke Ten Cate BV (Netherlands), Hexlon (US), DIC Corporation (Japan), Arkema (France), Lonza (Switzerland), UBE Industries, Ltd (Japan), Evonik Industries AG (Germany), and Celanese Corporation (US).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

Phone: +16468459312

Email: [email protected]