Thermoset Composites Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Fibre Type (Glass fibre, Carbon fibre and Others), By Resin Type (Polyester Resin, Epoxy Resin, and Others), By Manufacturing Process (Filament Winding Process, and Others), By End-User Industry (Transportation, Aerospace & Défense, Wind Energy and Others), By Region

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Report Description

Report Description

Global thermoset composites market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing demand for lightweight materials from the automotive and transportation industries. Besides, the superior properties of thermoset composites such as low specific gravity, excellent modulus of elasticity, excellent strength, lightweight and high corrosion resistance, among others are contributing to their growing applicability across varied end-use industries, such as automotive and construction & infrastructure. Moreover, increasing demand for lightweight and durable alternative materials is expected to boost the adoption of thermoset composites. Furthermore, rising installation of wind turbines due to increased investments couples with increasing research and development proficiencies in wind energy are anticipated to boost the growth of the global thermoset composites market in the coming five years. However, high cost of thermoset composites and issues related to the recyclability and disposal might restrict their market growth.


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The global thermoset composites market is segmented on the basis of fibre type, resin type, manufacturing process, end-user industry, and region. Based on end-user industry, the market has been categorised into transportation, aerospace & défense, wind energy, electrical & electronics, marine, construction & infrastructure and others. In 2021, the wind energy segment dominated the market in terms of both value and volume owing to the increasing usage of thermoset composites for the development of wind turbine blades and spar caps. Asia-Pacific is anticipated to be the fastest-growing region in the thermoset composites market during 2023-2027, owing to the increasing investments by government and private players for installation of wind energy.  

 

Some of the leading players in the global thermoset composites market are Toray Industries Inc., PPG Industries Inc., Owens Corning, Mitsubishi Rayon Co., Ltd., Jushi Group Co. Ltd, Teijin Limited, Chongqing Polycomp International Corporation, SGL Group, Huntsman Corporation, Hexcel Corporation, etc.

Attribute

Details

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Fibre Type

·         By Resin Type

·         By Manufacturing Process

·         By End-User Industry

Region scope

Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa

Country scope

China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar

Key companies profiled

Toray Industries Inc., PPG Industries Inc., Owens Corning, Mitsubishi Rayon Co., Ltd., Jushi Group Co. Ltd, Teijin Limited, Chongqing Polycomp International Corporation, SGL Group, Huntsman Corporation, Hexcel Corporation

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global thermoset composites market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Thermoset Composites Market, By Fibre Type:
    • Glass fibre
    • Carbon fibre
    • Others
  • Thermoset Composites Market, By Resin Type:
    • Polyester Resin
    • Epoxy Resin
    • Vinyl Ester Resin
    • Polyurethane Resin
    • Phenolic Resin
    • Others
  • Thermoset Composites Market, By Manufacturing Process:
    • Filament Winding Process
    • Injection Molding Process
    • Compression Molding Process
    • Infusion Process
    • Pultrusion Process
    • Others
  • Thermoset Composites Market, By End-User Industry:
    • Transportation
    • Aerospace & Défense
    • Wind Energy
    • Electrical & Electronics
    • Marine
    • Construction & Infrastructure
    • Others
  • Thermoset Composites Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Thermoset Composites Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Thermoset Composites Market

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Product Pricing

5.3.  Challenges & Unmet Needs

6.    Global Thermoset Composites Market Overview 

7.    Global Thermoset Composites Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Fiber Type (Glass fiber, Carbon fiber and Others)

7.2.2.     By Resin Type (Polyester Resin, Epoxy Resin, Vinyl Ester Resin, Polyurethane Resin, Phenolic Resin and Others)

7.2.3.     By Manufacturing Process (Filament Winding Process, Injection Molding Process, Compression Molding Process, Infusion Process, Pultrusion Process and Others)

7.2.4.     By End-User Industry (Transportation, Aerospace & Defense, Wind Energy, Electrical & Electronics, Marine, Construction & Infrastructure and Others)

7.2.5.     By Region

7.2.6.     By Company

7.3.  Market Attractiveness Index

8.    Asia-Pacific Thermoset Composites Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Fiber Type

8.2.2.     By Resin Type

8.2.3.     By End-User Industry

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Thermoset Composites Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Fiber Type

8.4.1.2.2.             By Resin Type

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Thermoset Composites Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Fiber Type

8.4.2.2.2.             By Resin Type

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Thermoset Composites Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Fiber Type

8.4.3.2.2.             By Resin Type

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Thermoset Composites Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Fiber Type

8.4.4.2.2.             By Resin Type

8.4.4.3.         Market Attractiveness Index

8.4.5.     Australia Thermoset Composites Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Fiber Type

8.4.5.2.2.             By Resin Type

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Thermoset Composites Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Fiber Type

8.4.6.2.2.             By Resin Type

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Thermoset Composites Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Fiber Type

8.4.7.2.2.             By Resin Type

8.4.7.3.         Market Attractiveness Index

9.    Europe & CIS Thermoset Composites Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Fiber Type

9.2.2.     By Resin Type

9.2.3.     By End-User Industry

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Thermoset Composites Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Fiber Type

9.4.1.2.2.             By Resin Type

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Thermoset Composites Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Fiber Type

9.4.2.2.2.             By Resin Type

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Thermoset Composites Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Fiber Type

9.4.3.2.2.             By Resin Type

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Thermoset Composites Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Fiber Type

9.4.4.2.2.             By Resin Type

9.4.4.3.         Market Attractiveness Index

9.4.5.     Spain Thermoset Composites Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Fiber Type

9.4.5.2.2.             By Resin Type

9.4.5.3.         Market Attractiveness Index

10.  North America Thermoset Composites Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Fiber Type

10.2.2.  By Resin Type

10.2.3.  By End-User Industry

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.4.              North America: Country Analysis

10.4.1.  United States Thermoset Composites Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Fiber Type

10.4.1.2.2.           By Resin Type

10.4.1.3.      Market Attractiveness Index

10.4.2.  Mexico Thermoset Composites Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Fiber Type

10.4.2.2.2.           By Resin Type

10.4.2.3.      Market Attractiveness Index

10.4.3.  Canada Thermoset Composites Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Fiber Type

10.4.3.2.2.           By Resin Type

10.4.3.3.      Market Attractiveness Index

11.  South America Thermoset Composites Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Fiber Type

11.2.2.  By Resin Type

11.2.3.  By End-User Industry

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.4.              South America: Country Analysis

11.4.1.  Brazil Thermoset Composites Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value & Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Fiber Type

11.4.1.2.2.           By Resin Type

11.4.1.3.      Market Attractiveness Index

11.4.2.  Argentina Thermoset Composites Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value & Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Fiber Type

11.4.2.2.2.           By Resin Type

11.4.2.3.      Market Attractiveness Index

11.4.3.  Colombia Thermoset Composites Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value & Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Fiber Type

11.4.3.2.2.           By Resin Type

11.4.3.3.      Market Attractiveness Index

12.  Middle East and Africa Thermoset Composites Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value & Volume

12.2.              Market Share & Forecast

12.2.1.  By Fiber Type

12.2.2.  By Resin Type

12.2.3.  By End-User Industry

12.2.4.  By Country

12.3.              Market Attractiveness Index

12.4.              MEA: Country Analysis

12.4.1.  South Africa Thermoset Composites Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value & Volume

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Fiber Type

12.4.1.2.2.           By Resin Type

12.4.1.3.      Market Attractiveness Index

12.4.2.  Saudi Arabia Thermoset Composites Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value & Volume

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Fiber Type

12.4.2.2.2.           By Resin Type

12.4.2.3.      Market Attractiveness Index

12.4.3.  UAE Thermoset Composites Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value & Volume

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Fiber Type

12.4.3.2.2.           By Resin Type

12.4.3.3.      Market Attractiveness Index

12.4.4.  Qatar Thermoset Composites Market Outlook

12.4.4.1.      Market Size & Forecast

12.4.4.1.1.           By Value & Volume

12.4.4.2.      Market Share & Forecast

12.4.4.2.1.           By Fiber Type

12.4.4.2.2.           By Resin Type

12.4.4.3.      Market Attractiveness Index

13.  Supply Chain Analysis

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Competitive Landscape

17.1.              Competition Outlook

17.2.              Company Profiles (Top 10 Companies)

17.2.1.  Toray Industries Inc.

17.2.2.  PPG Industries Inc.

17.2.3.  Owens Corning

17.2.4.  Mitsubishi Rayon Co.Ltd.

17.2.5.  Jushi Group Co. Ltd

17.2.6.  Teijin Limited

17.2.7.  Chongqing Polycomp International Corporation

17.2.8.  SGL Group

17.2.9.  Huntsman Corporation

17.2.10.                Hexcel Corporation

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Increasing demand of thermoset composites across various end-user industries such as automotive and aerospace is expected to drive the global thermoset composites market.

Global thermoset composites market is segmented into fibre type, resin type, manufacturing process, end-user industry, and region.

Based on end-user industry, the wind energy segment is expected to register the highest growth in the global thermoset composites market.

Toray Industries Inc., PPG Industries Inc., Owens Corning, Mitsubishi Rayon Co., Ltd., Jushi Group Co. Ltd, Teijin Limited, Chongqing Polycomp International Corporation, SGL Group, Huntsman Corporation, Hexcel Corporation, etc. are the key players in the global thermoset composites market.

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