Thermosetting Plastics Market Overview, Growth, and Oppotunities by 2031

MARKET INTRODUCTION

Thermosetting plastics are the polymers which become irreversibly rigid on being subjected to heat. These polymers are initially in a liquid or semi-solid state, and on being heated, cross-linking between polymers chains are formed, leading to the plastic being cured. Some of the common examples of thermosetting plastics include epoxy resin, phenolic, vinyl ester resin, cyanate ester, and polyester.

MARKET DYNAMICS

The thermosetting plastics market is estimated to grow during the forecast period owing to growth in the construction industry in developed regions and a rise in the demand for polyurethane in the automotive industry. However, stringent government regulations are expected to limit the growth of the thermosetting plastics market. On the other hand, the introduction of bio-based plastics is likely to showcase growth opportunities for the market during the forecast period.

MARKET SCOPE

The "Global Thermosetting Plastics Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of thermosetting plastics market with detailed market segmentation by material type, moulding process, application, and geography. The global thermosetting plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermosetting plastics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global thermosetting plastics market is segmented on the basis of material type, moulding process, application. Based on material type, the market is segmented as amines, aliphatic, aromatics, epoxies, phenolic, polyesters, and silicon. On the basis of moulding process, the market is segmented as, compression moulding, extrusion moulding, reactive injection moulding, and spin casting. On the basis of application the market is categorized as adhesives, aerospace, automobiles, consumer electronics, safety equipment, and synthetic fibres.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global thermosetting plastics market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The thermosetting plastics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting thermosetting plastics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the thermosetting plastics market in these regions.

MARKET PLAYERS

The reports cover key developments in the thermosetting plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from thermosetting plastics market are anticipated to lucrative growth opportunities in the future with the rising demand for thermosetting plastics market in the global market. Below mentioned is the list of few companies engaged in the thermosetting plastics market.

The report also includes the profiles of thermosetting plastics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  Arkema
•  Asahi Kasei Advance Corporation
•  BASF SE
•  Celanese Corporation
•  DSM Engineering Plastics
•  DuPont de Nemours, Inc.
•  Evonik
•  LANXESS
•  Polyplastics Co., Ltd.
•  Solvay

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Thermosetting Plastics Report Scope