Thermoset Molding Compound Market Report: Trends, Forecast and Competitive Analysis to 2030

Thermoset Molding Compound Trends and Forecast

The future of the global thermoset molding compound market looks promising with opportunities in the automotive, aerospace, and electrical and electronics markets. The global thermoset molding compound market is expected to reach an estimated $14 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are growing need for heavy metals, rising safety in aircraft and transportation, as well as increasing necessity for thermal stability and corrosive composites.

A more than 150-page report is developed to help in your business decisions.

Thermoset Molding Compound by Segment

The study includes a forecast for the global thermoset molding compound by type, end use, and region.

Thermoset Molding Compound Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Phenolic Resin
• Epoxy Resin
• Polyester Resin
• Urea Formaldehyde
• Melamine Formaldehyde
• Others

Thermoset Molding Compound Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace
• Electrical And Electronics
• Others

Thermoset Molding Compound Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Thermoset Molding Compound Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thermoset molding compound companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thermoset molding compound companies profiled in this report include-

• Ashland Holding
• BASF
• Eastman chemical company
• Evonik
• Hexion
• Huntsman
• Kolon Industries
• Kyocera chemical
• Plastics engineering company
• Rogers

Thermoset Molding Compound Market Insights

Lucintel forecasts that phenolic resin will remain the largest segment over the forecast period due to their increased qualities, such as strong heat resistance, high moldability, mechanical strength, low smoke toxicity, and ability to mix with polymers, are increasingly being employed in a variety of sectors.

APAC will remain the largest region over the forecast period due to government efforts in India and China to construct smart cities and contemporary infrastructure.

Features of the Global Thermoset Molding Compound Market

Market Size Estimates: Thermoset molding compound market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Thermoset molding compound market size by type, end use, and region in terms of value ($B).

Regional Analysis: Thermoset molding compound market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the thermoset molding compound market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thermoset molding compound market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the thermoset molding compound market size?

Answer: The global thermoset molding compound market is expected to reach an estimated $14 billion by 2030.

Q2. What is the growth forecast for thermoset molding compound market?

Answer: The global thermoset molding compound market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the thermoset molding compound market?

Answer: The major drivers for this market are growing need for heavy metals, rising safety in aircraft and transportation, as well as increasing necessity for thermal stability and corrosive composites.

Q4. What are the major segments for thermoset molding compound market?

Answer: The future of the global thermoset molding compound market looks promising with opportunities in the automotive, aerospace, and electrical and electronics markets.

Q5. Who are the key thermoset molding compound market companies?

Answer: Some of the key thermoset molding compound companies are as follows.

• Ashland Holding
• BASF
• Eastman chemical company
• Evonik
• Hexion
• Huntsman
• Kolon Industries
• Kyocera chemical
• Plastics engineering company
• Rogers

Q6. Which thermoset molding compound market segment will be the largest in future?

Answer: Lucintel forecasts that phenolic resin will remain the largest segment over the forecast period due to their increased qualities, such as strong heat resistance, high moldability, mechanical strength, low smoke toxicity, and ability to mix with polymers, are increasingly being employed in a variety of sectors.

Q7. In thermoset molding compound market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to government efforts in India and China to construct smart cities and contemporary infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the thermoset molding compound market by type (phenolic resin, epoxy resin, polyester resin, urea formaldehyde, melamine formaldehyde, and others), end use (automotive, aerospace, electrical and electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?