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PUBLISHER: BIS Research | PRODUCT CODE: 1379164

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PUBLISHER: BIS Research | PRODUCT CODE: 1379164

Asia-Pacific Recyclable Thermoset Market - Analysis and Forecast, 2022-2031

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Table of Contents

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“The Asia-Pacific Recyclable Thermoset Market (excluding China) Expected to Reach $176.9 Million by 2031.”

KEY MARKET STATISTICS
Forecast Period2022 - 2031
2022 Evaluation$97.6 Million
2031 Forecast$176.9 Million
CAGR6.84%

Introduction to Asia-Pacific (APAC) Recyclable Thermoset Market

The Asia-Pacific recyclable thermoset market (excluding China) is projected to reach $176.9 million by 2031 from $97.6 million in 2022, growing at a CAGR of 6.84% during the forecast period 2022-2031. In the upcoming years, it is anticipated that the recyclable thermoset market in Asia Pacific will expand rapidly. This is because thermoset recycling technologies are becoming more widely used and there is a growing demand for recycled thermoset materials. The introduction of laws encouraging plastic recycling in different nations is also anticipated to propel the market.

Market Introduction

The APAC recyclable thermoset market is expected to rise significantly in the upcoming years because of the growing demand for environmentally friendly substitutes for conventional plastics, improvements in recycling technology, and favorable regulatory environments. Recyclable thermosets are expected to become increasingly popular as environmental concerns grow and people seek eco-friendly products, opening the door to a more sustainable future.

Market Segmentation

Segmentation 1: by Application

  • Automotive
  • Energy and Power
  • Construction
  • Electrical and Electronics
  • Aerospace and Defense
  • Others

Segmentation 2: by Resin Type

  • Unsaturated Polyester Resin (UPR)
  • Epoxy
  • Phenol Formaldehyde (Phenolic Resin)
  • Polyurethane
  • Others

Segmentation 3: by Technology

  • Mechanical Recycling
  • Chemical Recycling
  • Energy Recovery (Thermal)

Segmentation 4: by Country

  • Japan
  • South Korea
  • India
  • Rest-of-Asia Pacific

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different resin types of recyclable thermosets available and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different recyclable thermoset applications such as construction, automotive, energy and power, electrical and electronics, aerospace and defense, and others.

Growth/Marketing Strategy: Business expansions, partnerships, acquisitions, collaborations, and joint ventures are some key strategies adopted by key players operating in the space.

Competitive Strategy: Key players in the Asia-Pacific recyclable thermoset market analyzed and profiled in the study involve recyclable thermoset providers. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific recyclable thermoset market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

  • Aditya Birla Chemicals
  • EcoActiv Pty Ltd.
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Product Code: MCP1495SS

Table of Contents

1 Markets

  • 1.1 Industry Outlook
    • 1.1.1 Trends: Current and Future
      • 1.1.1.1 Rising Focus on Sustainability in Wind Energy Sector
      • 1.1.1.2 Change in Business Models of Companies due to Climate Action
    • 1.1.2 Value Chain Analysis
    • 1.1.3 Ecosystem/Ongoing Programs
      • 1.1.3.1 Associations
      • 1.1.3.2 Regulatory Bodies
      • 1.1.3.3 Programs by Research Institutions and Universities
    • 1.1.4 Impact of COVID-19 on the Recyclable Thermoset Market
  • 1.2 Business Dynamics
    • 1.2.1 Business Drivers
      • 1.2.1.1 Advancement in Thermoset Recycling Technologies Globally
      • 1.2.1.2 Regulations Promoting Plastic Recycling in Various Countries
      • 1.2.1.3 Investments and Collaboration in Plastic Recycling Industry
    • 1.2.2 Business Challenges
      • 1.2.2.1 Complex Process of Thermoset Recycling
      • 1.2.2.2 Lack of Proper Infrastructure for Hard-to-Recycle Products
    • 1.2.3 Business Opportunities
      • 1.2.3.1 Replacing Virgin Materials with Recyclable Thermoset and Venturing into New End-User Applications
      • 1.2.3.2 Increasing Focus on Sustainability and Bio-Based Renewable Materials
    • 1.2.4 Business Strategies
      • 1.2.4.1 Product Developments
      • 1.2.4.2 Market Developments
    • 1.2.5 Corporate Strategies
  • 1.3 Start-Up Landscape
    • 1.3.1 Key Start-Ups in the Ecosystem
  • 1.4 Porter's Five Forces Analysis
    • 1.4.1 Bargaining Power of Buyers
    • 1.4.2 Bargaining Power of Suppliers
    • 1.4.3 Threat of New Entrants
    • 1.4.4 Threat of Substitutes
    • 1.4.5 Competitive Rivalry among Existing Firms
  • 1.5 New Policies for Recycling
    • 1.5.1 New Policies and Regulations, by Country
  • 1.6 Comparative Analysis of Technologies
  • 1.7 Product Life Cycle Analysis for Major Applications

2 Region

    • 2.1.1 Application
      • 2.1.1.1 Recyclable Thermoset Market (by Application), Volume and Value Data
    • 2.1.2 Product
      • 2.1.2.1 Recyclable Thermoset Market (by Resin Type), Volume and Value Data
      • 2.1.2.2 Recyclable Thermoset Market (by Technology), Volume and Value Data
    • 2.1.3 Recyclable Thermoset Market (by Region), Volume and Value Data
  • 2.2 China
    • 2.2.1 Market
      • 2.2.1.1 Potential Buyers
      • 2.2.1.2 Key Manufacturers/Suppliers in China
      • 2.2.1.3 Business Challenges
      • 2.2.1.4 Business Drivers
    • 2.2.2 Application
      • 2.2.2.1 China Recyclable Thermoset Market (by Application), Volume and Value Data
    • 2.2.3 Product
      • 2.2.3.1 China Recyclable Thermoset Market (by Resin Type), Volume and Value Data
      • 2.2.3.2 China Recyclable Thermoset Market (by Technology), Volume and Value Data
  • 2.3 Asia-Pacific and Japan
    • 2.3.1 Market
      • 2.3.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
      • 2.3.1.2 Business Challenges
      • 2.3.1.3 Business Drivers
    • 2.3.2 Application
      • 2.3.2.1 Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Volume and Value Data
    • 2.3.3 Product
      • 2.3.3.1 Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
      • 2.3.3.2 Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Volume and Value Data
    • 2.3.4 Asia-Pacific and Japan (by Country)
      • 2.3.4.1 Japan
        • 2.3.4.1.1 Market
          • 2.3.4.1.1.1 Potential Buyers
          • 2.3.4.1.1.2 Key Manufacturers/Suppliers in Japan
          • 2.3.4.1.1.3 Business Challenges
          • 2.3.4.1.1.4 Business Drivers
        • 2.3.4.1.2 Application
          • 2.3.4.1.2.1 Japan Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.3.4.1.3 Product
          • 2.3.4.1.3.1 Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.3.4.1.3.2 Japan Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.3.4.2 South Korea
        • 2.3.4.2.1 Market
          • 2.3.4.2.1.1 Potential Buyers
          • 2.3.4.2.1.2 Key Manufacturers/Suppliers in South Korea
          • 2.3.4.2.1.3 Business Challenges
          • 2.3.4.2.1.4 Business Drivers
        • 2.3.4.2.2 Application
          • 2.3.4.2.2.1 South Korea Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.3.4.2.3 Product
          • 2.3.4.2.3.1 South Korea Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.3.4.2.3.2 South Korea Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.3.4.3 India
        • 2.3.4.3.1 Market
          • 2.3.4.3.1.1 Potential Buyers
          • 2.3.4.3.1.2 Key Manufacturers/Suppliers in India
          • 2.3.4.3.1.3 Business Challenges
          • 2.3.4.3.1.4 Business Drivers
        • 2.3.4.3.2 Application
          • 2.3.4.3.2.1 India Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.3.4.3.3 Product
          • 2.3.4.3.3.1 India Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.3.4.3.3.2 India Recyclable Thermoset Market (by Technology), Volume and Value Data
      • 2.3.4.4 Rest-of-Asia-Pacific and Japan
        • 2.3.4.4.1 Market
          • 2.3.4.4.1.1 Potential Buyers
          • 2.3.4.4.1.2 Key Manufacturers/Suppliers in Rest-of-Asia-Pacific and Japan
          • 2.3.4.4.1.3 Business Challenges
          • 2.3.4.4.1.4 Business Drivers
        • 2.3.4.4.2 Application
          • 2.3.4.4.2.1 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Volume and Value Data
        • 2.3.4.4.3 Product
          • 2.3.4.4.3.1 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
          • 2.3.4.4.3.2 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Volume and Value Data

3 Markets - Competitive Benchmarking & Company Profiles

  • 3.1 Competitive Benchmarking
    • 3.1.1 Competitive Position Matrix
    • 3.1.2 Product Services Offered by Key Companies
    • 3.1.3 Market Share Analysis of Key Companies
  • 3.2 Company Profiles
    • 3.2.1 Aditya Birla Chemicals
      • 3.2.1.1 Company Overview
      • 3.2.1.2 Role of Aditya Birla Chemicals in the Recyclable Thermoset Market
        • 3.2.1.2.1 Product Portfolio
      • 3.2.1.3 Business Strategies
        • 3.2.1.3.1 Market Development
      • 3.2.1.4 Corporate Strategies
        • 3.2.1.4.1 Partnerships, Collaborations, Acquisitions, and Joint Ventures
      • 3.2.1.5 Analyst View
    • 3.2.2 Sample Company
      • 3.2.2.1 Overview
      • 3.2.2.2 Top Products / Product Portfolio
      • 3.2.2.3 Top Competitors
      • 3.2.2.4 Target Customers
      • 3.2.2.5 Key Personnel
      • 3.2.2.6 Analyst View
      • 3.2.2.7 Market Share
    • 3.2.3 Sample Company
      • 3.2.3.1 Overview
      • 3.2.3.2 Top Products / Product Portfolio
      • 3.2.3.3 Top Competitors
      • 3.2.3.4 Target Customers
      • 3.2.3.5 Key Personnel
      • 3.2.3.6 Analyst View
      • 3.2.3.7 Market Share
    • 3.2.4 Sample Company
      • 3.2.4.1 Overview
      • 3.2.4.2 Top Products / Product Portfolio
      • 3.2.4.3 Top Competitors
      • 3.2.4.4 Target Customers
      • 3.2.4.5 Key Personnel
      • 3.2.4.6 Analyst View
      • 3.2.4.7 Market Share
    • 3.2.5 Sample Company
      • 3.2.5.1 Overview
      • 3.2.5.2 Top Products / Product Portfolio
      • 3.2.5.3 Top Competitors
      • 3.2.5.4 Target Customers
      • 3.2.5.5 Key Personnel
      • 3.2.5.6 Analyst View
      • 3.2.5.7 Market Share
    • 3.2.6 Sample Company
      • 3.2.6.1 Overview
      • 3.2.6.2 Top Products / Product Portfolio
      • 3.2.6.3 Top Competitors
      • 3.2.6.4 Target Customers
      • 3.2.6.5 Key Personnel
      • 3.2.6.6 Analyst View
      • 3.2.6.7 Market Share
    • 3.2.7 Sample Company
      • 3.2.7.1 Overview
      • 3.2.7.2 Top Products / Product Portfolio
      • 3.2.7.3 Top Competitors
      • 3.2.7.4 Target Customers
      • 3.2.7.5 Key Personnel
      • 3.2.7.6 Analyst View
      • 3.2.7.7 Market Share
    • 3.2.8 Sample Company
      • 3.2.8.1 Overview
      • 3.2.8.2 Top Products / Product Portfolio
      • 3.2.8.3 Top Competitors
      • 3.2.8.4 Target Customers
      • 3.2.8.5 Key Personnel
      • 3.2.8.6 Analyst View
      • 3.2.8.7 Market Share
    • 3.2.9 Sample Company
      • 3.2.9.1 Overview
      • 3.2.9.2 Top Products / Product Portfolio
      • 3.2.9.3 Top Competitors
      • 3.2.9.4 Target Customers
      • 3.2.9.5 Key Personnel
      • 3.2.9.6 Analyst View
      • 3.2.9.7 Market Share
    • 3.2.10 Sample Company
      • 3.2.10.1 Overview
      • 3.2.10.2 Top Products / Product Portfolio
      • 3.2.10.3 Top Competitors
      • 3.2.10.4 Target Customers
      • 3.2.10.5 Key Personnel
      • 3.2.10.6 Analyst View
      • 3.2.10.7 Market Share

4 Research Methodology

  • 4.1 Primary Data Sources
  • 4.2 Secondary Data Sources
  • 4.3 Top-Down and Bottom-Up Approach
  • 4.4 Assumptions and Limitations
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Product Code: MCP1495SS

List of Figures

  • Figure 1: Recyclable Thermoset Market, $Million, 2021-2031
  • Figure 2: Recyclable Thermoset Market (by Application), $Million, 2021 and 2031
  • Figure 3: Recyclable Thermoset Market (by Resin Type), $Million, 2021 and 2031
  • Figure 4: Recyclable Thermoset Market (by Technology), $Million, 2021 and 2031
  • Figure 5: Recyclable Thermoset Market (by Region), $Million, 2021 and 2031
  • Figure 6: Wind Power Generation (by Year), 2010, 2020, and 2030
  • Figure 7: Value Chain for Virgin Thermoset
  • Figure 8: Value Chain for Thermoset Recycling
  • Figure 9: Value Addition for Recyclable Thermoset Value Chain
  • Figure 10: Impact of COVID-19 on Automotive Production and its Recovery, 2020 and 2021
  • Figure 11: Market Dynamics
  • Figure 12: Major Development in the Recyclable Thermoset Market
  • Figure 13: Share of Key Market Strategies and Developments, January 2019-December 2022
  • Figure 14: Share of Developments (by Company), January 2019-December 2022
  • Figure 15: Porter's Five Forces Analysis for Recyclable Thermoset Market
  • Figure 16: Comparative Analysis of Technologies in the Recyclable Thermoset Market
  • Figure 17: Product Life Cycle (PLC) Analysis for Major Applications of Recyclable Thermosets
  • Figure 18: Recyclable Thermoset Market, 2021-2031
  • Figure 19: Recyclable Thermoset Market Volume (by Region), 2021 and 2031
  • Figure 20: Recyclable Thermoset Market Value (by Region), 2021 and 2031
  • Figure 21: China Recyclable Thermoset Market, 2021-2031
  • Figure 22: Asia-Pacific and Japan Recyclable Thermoset Market, 2021-2031
  • Figure 23: Asia-Pacific and Japan Recyclable Thermoset Market Volume, by Country (2021 and 2031)
  • Figure 24: Asia-Pacific and Japan Recyclable Thermoset Market Value, by Country (2021 and 2031)
  • Figure 25: Market Share of Key Companies
  • Figure 26: Research Methodology
  • Figure 27: Top-Down and Bottom-Up Approach
  • Figure 28: Influencing Factors of the Recyclable Thermoset Market
  • Figure 29: Assumptions and Limitations

List of Tables

  • Table 1: Recyclable Thermoset Market Snapshot, $Million, 2021 and 2031
  • Table 2: List of Programs by Research Institutions and Universities
  • Table 3: Key Product Developments, January 2019-December 2022
  • Table 4: Key Product Developments, January 2019-December 2022
  • Table 5: Key Product Developments, January 2019-December 2022
  • Table 6: Key Factors Determining Bargaining Power of Buyers in the Recyclable Thermoset Market
  • Table 7: Key Factors Determining Bargaining Power of Suppliers in the Recyclable Thermoset Market
  • Table 8: Key Factors Determining Threat of New Entrants in the Recyclable Thermoset Market
  • Table 9: Key Factors Determining Threat of Substitutes in the Recyclable Thermoset Market
  • Table 10: Key Factors Determining Intensity of Competitive Rivalry in the Recyclable Thermoset Market
  • Table 11: Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 12: Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 13: Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 14: Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 15: Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 16: Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 17: Recyclable Thermoset Market (by Region), Kilo Tons, 2021-2031
  • Table 18: Recyclable Thermoset Market (by Region), $Million, 2021-2031
  • Table 19: China Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 20: China Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 21: China Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 22: China Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 23: China Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 24: China Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 25: Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 26: Asia-Pacific and Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 27: Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 28: Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 29: Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 30: Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 31: Asia-Pacific and Japan Recyclable Thermoset Market (by Country), Kilo Tons, 2021-2031
  • Table 32: Asia-Pacific and Japan Recyclable Thermoset Market (by Country), $Million, 2021-2031
  • Table 33: Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 34: Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 35: Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 36: Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 37: Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 38: Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 39: South Korea Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 40: South Korea Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 41: South Korea Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 42: South Korea Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 43: South Korea Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 44: South Korea Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 45: India Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 46: India Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 47: India Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 48: India Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 49: India Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 50: India Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 51: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
  • Table 52: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
  • Table 53: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
  • Table 54: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
  • Table 55: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
  • Table 56: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
  • Table 57: Product Services Offered by Key Companies
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