Thermoset Molding Compunds Market Share, Segments and Forecasts to 2022 - PowerPoint PPT Presentation

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Thermoset Molding Compunds Market Share, Segments and Forecasts to 2022

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Thermoset Molding Compounds Market size anticipated to grow at a CAGR of 6.2% to reach $12,298 million by 2022. – PowerPoint PPT presentation

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Title: Thermoset Molding Compunds Market Share, Segments and Forecasts to 2022


1
Global Thermoset Molding Compound Market 
Global Opportunity Analysis and Industry
Forecasts, 2014-2022
2
  • Thermoset Molding Compounds Market report
    forecasts that the global market is expected to
    garner 12,298 million by 2022, registering a
    CAGR of 6.2 during the period.
  • Unsaturated polyester resin is the largest
    segment by type and is expected to grow at a CAGR
    of 6.1 during the forecast period.
  • The thermoset molding compound market is in its
    growth stage due to need for weight reduction
    safety in transportation and aerospace and
    increase in demand for thermally stable and
    corrosion resistant composites.
  • It is emerged as a cost-effective substitute
    material for the heavy metal in different
    applications.
  • In 2015, polyester resin was the leading segment,
    with almost one-third market share in terms of
    revenue, followed by phenolic, urea formaldehyde,
    and epoxy resin.

Thermoset Molding Compound Market Overview
3
  • Thermoset molding compound market analysis
    includes the current market trends and future
    opportunities in several end-use industries such
    as automotive, aerospace, and electrical
    electronics.
  • The global thermoset molding compounds market
    report mainly emphasizes on thermoset resins and
    its different types including phenolic resin,
    epoxy resin, polyester resin, urea formaldehyde
    resin, melamine formaldehyde resin, and others.
  • The thermoset molding compound market is
    segmented into North America, Europe,
    Asia-Pacific, and LAMEA.

Thermoset Molding Compound Market Analysis
4
Thermoset Molding Compound Market Segmentation
5
  • Factors that drive the growth of the global
    thermoset molding compound market are need for
    safety in transportation aerospace industry,
    economically viable option than heavy metals,
    rise in need for thermally stable corrosion
    resistant components, and ease in production of
    complex shape parts.
  • Economic development in the emerging economies of
    regions such as Asia-Pacific and LAMEA are
    expected to provide significant growth
    opportunities to the industry players.
  • However, factors such as volatility in crude oil
    prices and stringent regulation associated with
    thermoset resin may hamper the market growth
    during the forecast period.

Factors Impact Thermoset Molding Compound Market
6
  • In 2015, Asia-Pacific dominated the global market
    with around half of the share in overall market
    in terms of revenue.
  • Automotive is the fastest developing end-user
    industry growing at a highest CAGR of 6.9 in
    terms of revenue, from 2016 to 2022.
  • Polyester is the leading segment comprise of
    one-third share of the total market revenue in
    2015.
  • In 2015, phenolic resin holds the largest market
    in terms of volume in the global market.
  • Melamine formaldehyde segment is expected to grow
    at a lucrative rate of 7.3 during the forecast
    period

Thermoset Molding Compound Market Key Findings
7
Key Winning Strategies
8
Ashland Global Holding Inc. BASF SE Eastman
Chemical Company Evonik Industries AG Hexion
Inc. Huntsman Corporation Kolon Industries
Inc. Kyocera Chemical Corporation Rogers
Corporation
Thermoset Molding Compound Market Key Players
9
 
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