Thermoset Resin Market - Forecast(2021 - 2026)

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Thermoset Resin Market  Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Thermoset resin market size is forecast to
  reach 38 billion by 2025, after growing at
  a CAGR of 4.6 during 2020-2025.
• The thermoset resins are being widely used in
  various end-use applications due to its extensive
  set of properties such as high-heat resistance,
  dimensional stability, electrical insulation
  capability, and more. 
• Thermoset resins are generally stronger than
  thermoplastics due to the polymer cross-linking
  and they are better suited for high-temperature
  applications. 

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There has been an increase in Global warming and
CO2 emissions post lockdowns. 
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Key Takeaways Asia Pacific dominates the
thermoset resin market, owing to the increasing
demand for thermoset resins from aerospace
industries in the region. According to Boeing
India is expected to drive the demand for 2,300
aircrafts worth US320 billion over the next 20
years. Increasing per capita income and
population is the key factor driving the aviation
industry in the Asia Pacific region.  The demand
for thermoset resin is increasing in the
electrical electronics industries to
manufacture components such as printed circuit
boards, electrical encapsulation circuits,
components assembly Materials, owing to its
excellent properties such as toughness,
resistance to several environmental factors,
stability, and flame resistance. 
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• By Distribution Channel- Segment Analysis
• The epoxy resin segment held the largest share in
  the thermoset resin market in 2019, owing to its
  superior characteristics such as durability,
  scratch resistance, abrasion resistance, impact
  resistance, strong chemical resistance, and
  weatherability. 
• The major advantage of epoxy adhesives is that
  they are suitable for bonding nearly all
  substrates such as metal, plastic, glass and
  ceramic, wood and wood products, and many types
  of rubber.

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• Thermoset Resin Market  Industry Outlook 
• AEP Industries
• Teijin Chemicals
• DuPont Corporation
• American Packaging Corporation
• North American Pipe Corporation

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Europe Soil Conditioners Market - Forecast(2021
- 2026) Learn More About the Report _at_
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t-resins-market.html
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