Global Thermoset Composites Market 2022-2026

Description

List of Tables

Technavio has been monitoring the thermoset composites market and it is poised to grow by $ 20.73 bn during 2022-2026, accelerating at a CAGR of 6.92% during the forecast period. Our report on the thermoset composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for lightweight materials in the automotive sector, increasing demand from developing countries, and high-performance composites replacing metals in key applications.

The thermoset composites market analysis includes type segment and geographic landscape.

Technavio's thermoset composites market is segmented as below:

By Type

Polyester resin
Epoxy resin
Others

By Geographical Landscape

APAC
North America
Europe
South America
The Middle East and Africa

This study identifies the wind power capacity additions as one of the prime reasons driving the thermoset composites market growth during the next few years. Also, efforts toward making thermoset composites eco-friendly and demand for advanced high-performance composites from the automobile industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the thermoset composites market covers the following areas:

Thermoset composites market sizing
Thermoset composites market forecast
Thermoset composites market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermoset composites market vendors that include Accurate Plastics, Advanced Composite Structures Australia Pty Ltd., AGY Holding Corp., C2 Composites, China Jushi Co. Ltd., Hexcel Corp., Hexion Inc., Huntsman International LLC, Johns Manville, Lingol Corp., Mar Bal Inc., Mitsubishi Chemical Corp., Owens Corning, PPG Industries Inc., Reliance Industries Ltd., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray Industries Inc. Also, the thermoset composites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74072

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Resin Type
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Resin Type

5.1 Market segments
Exhibit 24: Chart on Resin Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Resin Type - Market share 2021-2026 (%)
5.2 Comparison by Resin Type
Exhibit 26: Chart on Comparison by Resin Type
Exhibit 27: Data Table on Comparison by Resin Type
5.3 Polyester resin - Market size and forecast 2021-2026
Exhibit 28: Chart on Polyester resin - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Polyester resin - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Polyester resin - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Polyester resin - Year-over-year growth 2021-2026 (%)
5.4 Epoxy resin - Market size and forecast 2021-2026
Exhibit 32: Chart on Epoxy resin - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Epoxy resin - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Epoxy resin - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Epoxy resin - Year-over-year growth 2021-2026 (%)
5.5 Others - Market size and forecast 2021-2026
Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Resin Type
Exhibit 40: Market opportunity by Resin Type ($ million)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 42: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 43: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 China - Market size and forecast 2021-2026
Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
7.10 Japan - Market size and forecast 2021-2026
Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.11 Germany - Market size and forecast 2021-2026
Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.12 UK - Market size and forecast 2021-2026
Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 86: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 87: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 89: Overview on factors of disruption
9.4 Industry risks
Exhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 91: Vendors covered
10.2 Market positioning of vendors
Exhibit 92: Matrix on vendor position and classification
10.3 China Jushi Co. Ltd.
Exhibit 93: China Jushi Co. Ltd. - Overview
Exhibit 94: China Jushi Co. Ltd. - Product / Service
Exhibit 95: China Jushi Co. Ltd. - Key offerings
10.4 Hexcel Corp.
Exhibit 96: Hexcel Corp. - Overview
Exhibit 97: Hexcel Corp. - Business segments
Exhibit 98: Hexcel Corp. - Key news
Exhibit 99: Hexcel Corp. - Key offerings
Exhibit 100: Hexcel Corp. - Segment focus
10.5 Huntsman International LLC
Exhibit 101: Huntsman International LLC - Overview
Exhibit 102: Huntsman International LLC - Business segments
Exhibit 103: Huntsman International LLC - Key news
Exhibit 104: Huntsman International LLC - Key offerings
Exhibit 105: Huntsman International LLC - Segment focus
10.6 Mitsubishi Chemical Corp.
Exhibit 106: Mitsubishi Chemical Corp. - Overview
Exhibit 107: Mitsubishi Chemical Corp. - Business segments
Exhibit 108: Mitsubishi Chemical Corp. - Key news
Exhibit 109: Mitsubishi Chemical Corp. - Key offerings
Exhibit 110: Mitsubishi Chemical Corp. - Segment focus
10.7 Owens Corning
Exhibit 111: Owens Corning - Overview
Exhibit 112: Owens Corning - Business segments
Exhibit 113: Owens Corning - Key news
Exhibit 114: Owens Corning - Key offerings
Exhibit 115: Owens Corning - Segment focus
10.8 PPG Industries Inc.
Exhibit 116: PPG Industries Inc. - Overview
Exhibit 117: PPG Industries Inc. - Business segments
Exhibit 118: PPG Industries Inc. - Key offerings
Exhibit 119: PPG Industries Inc. - Segment focus
10.9 SGL Carbon SE
Exhibit 120: SGL Carbon SE - Overview
Exhibit 121: SGL Carbon SE - Business segments
Exhibit 122: SGL Carbon SE - Key news
Exhibit 123: SGL Carbon SE - Key offerings
Exhibit 124: SGL Carbon SE - Segment focus
10.10 Solvay SA
Exhibit 125: Solvay SA - Overview
Exhibit 126: Solvay SA - Business segments
Exhibit 127: Solvay SA - Key news
Exhibit 128: Solvay SA - Key offerings
Exhibit 129: Solvay SA - Segment focus
10.11 Teijin Ltd.
Exhibit 130: Teijin Ltd. - Overview
Exhibit 131: Teijin Ltd. - Business segments
Exhibit 132: Teijin Ltd. - Key offerings
Exhibit 133: Teijin Ltd. - Segment focus
10.12 Toray Industries Inc.
Exhibit 134: Toray Industries Inc. - Overview
Exhibit 135: Toray Industries Inc. - Business segments
Exhibit 136: Toray Industries Inc. - Key news
Exhibit 137: Toray Industries Inc. - Key offerings
Exhibit 138: Toray Industries Inc. - Segment focus

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 139: Inclusions checklist
Exhibit 140: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 141: Currency conversion rates for US$
11.4 Research methodology
Exhibit 142: Research methodology
Exhibit 143: Validation techniques employed for market sizing
Exhibit 144: Information sources
11.5 List of abbreviations
Exhibit 145: List of abbreviations
- in crude oil prices: The volatility of crude oil prices is one of the key challenges in the global commodity chemicals market. The volatility of crude oil prices impacts the pricing strategies and margins of adhesives, sealants, lubricants, oilfield cleaners, polymers, as well as plastic additives. The margins of the commodity chemicals are inherently dependent on the global prices of crude oil, which is one of the key raw materials. Any volatility in the prices of crude oil causes uncertainty in end-use markets and eventually influences the margins of all the key stakeholders, including the vendors in the global commodity chemicals market. These fluctuations adversely affect the profitability, cost of sales, and the ability of vendors to effectively address the demands of consumers.