Cyanate Ester Resins Market, By Resin Type, By Application, By End Use Industry, By Geography

PUBLISHED: October 13, 2023

PAGES: 140 Pages

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Description

The Cyanate Ester Resins Market size is expected to reach US$ 377.3 million by 2030, from US$ 211.8 million in 2023, at a CAGR of 8.6% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 211.8 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	8.60%	2030 Value Projection:	US$ 377.3 Mn

Figure 1. Global Cyanate Ester Resins Market Share (%), by Region, 2023

Cyanate ester resins are a class of high-performance thermosetting materials that exhibit excellent mechanical and thermal properties. These resins are widely used in various industries such as aerospace, defense, electronics, automotive, and others due to their remarkable characteristics such as low dielectric loss, high glass transition temperature, exceptional flame resistance, and excellent chemical resistance. The growing demand for lightweight and high-strength materials in these industries has propelled the market for cyanate ester resins.

Market Dynamics:

The cyanate ester resins market is expected to witness significant growth in the forecast period. The market is primarily driven by the increasing demand from the aerospace and defense industry. The aerospace sector requires lightweight materials with superior mechanical and thermal properties, and cyanate ester resins are well-suited to fulfill these requirements. Moreover, the growing demand for electronic devices with enhanced performance and miniaturization is also contributing to the market growth.

However, there are some factors restraining the market growth. The high cost of cyanate ester resins compared to conventional resins is one of the major challenges faced by the market. Additionally, complex manufacturing processes and the requirement of specialized handling and storage also hinder the market growth.

Despite these challenges, the market presents several opportunities for growth. The increasing focus on renewable energy and the development of wind energy infrastructure present a significant opportunity for the cyanate ester resins market. These resins are used in the fabrication of wind turbine blades, and the rising demand for clean energy will drive the market growth. Furthermore, ongoing research and development activities to enhance the properties of cyanate ester resins and develop innovative applications will fuel market growth in the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global Cyanate Ester Resins market, including market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), with 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
Key players in the global Cyanate Ester Resins market are profiled based on parameters such as company highlights, product portfolio, key highlights, financial performance, and strategies.
The key companies covered in this study include Huntsman, Lonza, Techia Corporation, TenCate, Cytec, Hexcel, Jiangdu Maida Group, Carbon Fibre Technology, Isola Group, Adeka, SGL Carbon, Gurit, Chongqing Guijie Technology, Shanghai Hunsman Material, Taixing Suning Chemical, Hengyu New Material, Natong Chemical, Kangda New Materials, Jiafu Technologh, and Tianma Group.
The insights from this report would enable marketers and management authorities of companies to make informed decisions regarding their future product launches, type upgrades, market expansion, and marketing tactics.
The global Cyanate Ester Resins market report caters to various stakeholders in the industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Cyanate Ester Resins market.

Cyanate Ester Resins Market Segmentation

By Resin Type
- Bisphenol E Cyanates
- Novolac Cyanates
- Bisphenol A Cyanates
- Others (Phthalonitrile, Bisphenol M etc.)
By Application
- Composites
- Adhesives
- Coatings
- Others (Moldings etc.)
By End-use Industry
- Aerospace & Defense
- Electrical & Electronics
- Automotive
- Others (Sporting Goods, Wind Energy etc.)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top companies in Cyanate Ester Resins Market
- Huntsman
- Lonza
- Techia Corporation
- TenCate
- Cytec
- Hexcel
- Jiangdu Maida Group
- Carbon Fibre Technology
- Isola Group
- Adeka
- SGL Carbon
- Gurit
- Chongqing Guijie Technology
- Shanghai Hunsman Material
- Taixing Suning Chemical
- Hengyu New Material
- Natong Chemical
- Kangda New Materials
- Jiafu Technologh
- Tianma Group

Product Code: CMI6451

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Cyanate Ester Resins, By Resin Type
- Market Cyanate Ester Resins, By Application
- Market Cyanate Ester Resins, By End-use Industry
- Market Cyanate Ester Resins, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Increasing use of cyanate ester based composites in aerospace industry
- Restraints
- High production and processing costs
- Opportunities
- Emerging applications in 3D printing
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Cyanate Ester Resins Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Cyanate Ester Resins Market , By Resin Type, 2023-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Bisphenol E Cyanates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Novolac Cyanates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Bisphenol A Cyanates
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
Others (Phthalonitrile, Bisphenol M etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)

6. Cyanate Ester Resins Market , By Application, 2023-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Composites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Adhesives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Others (Moldings etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)

7. Cyanate Ester Resins Market , By End-use Industry, 2023-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
Aerospace & Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Electrical & Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)
Others (Sporting Goods, Wind Energy etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Million)

8. Cyanate Ester Resins Market , By Region, 2023-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Resin Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Mn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Resin Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Mn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Resin Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Mn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Resin Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Mn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Resin Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2023-2030,(US$ Mn)

9. Competitive Landscape

Huntsman
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Lonza
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Techia Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
TenCate
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Cytec
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Hexcel
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Jiangdu Maida Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Carbon Fibre Technology
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Isola Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Adeka
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
SGL Carbon
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Gurit
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Chongqing Guijie Technology
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Shanghai Hunsman Material
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Taixing Suning Chemical
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Hengyu New Material
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Natong Chemical
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Kangda New Materials
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Jiafu Technologh
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Tianma Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views