Thermosets Market - Forecast(2022 - 2027)

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Thermosets MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• Thermosets Market size is forecast to reach 42.5
  billion by 2026, after growing at a CAGR of
  4.6 during 2021-2026. The thermoset's properties
  include excellent strength, light weight, low
  specific gravity, excellent elasticity modulus,
  and high resistance to corrosion, and among
  others. Thermoset's superior properties have led
  to their growing applicability across a range of
  end-use sectors, including wind power,
  automobile, aerospace, building infrastructure.
  Thermoset resins are very versatile materials,
  due to this they are used for building blocks.

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• Key Takeaways
• Thermoset materials are commonly adopted in
  various end use industries such as automotive
  with demand for lightweight materials, aerospace,
  and military industries, due to dimensional
  control, as well as resistance to high
  temperatures and corrosive elements and improved
  strength-to-weight ratio.
• According to the India Brand Equity Foundation
  (IBEF), The MRO (maintenance, repair and
  overhaul) aerospace industry is likely to grow
  over US 2.4 billion by 2028 from US 800 million
  in 2018. Also, the number of airplanes is
  expected to reach 1,100 by 2027.

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By Distribution Channel- Segment Analysis Asia
Pacific dominated the thermosets market share
with more than 36, in 2020. Over the next
decade, Asia Pacific is expected to grow as the
main market for thermoset composites. Based on
its demand from various end-use industries such
as manufacturing, vehicles and chemicals, Asia
Pacific has become the leading area for consuming
thermosets. Owing to the growth of the automotive
industry coupled with growing disposable income,
China and India are expected to see substantial
gains over the projected period.
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•  Thermosets Market Industry Outlook 
•   3M, DuPont, BASF, Huntsman, Ashland and Dow
  Chemicals. Other prominent companies include
  Lanxess, DSM, AOC Resins, Performance Material
  Holding and Sika AG

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Thermosets Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/16296/thermoset
s-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id16296

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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