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High-Temperature Composite Resin Market Analysis by Key Players, SWOT Analysis, Growth Factors, and Forecast till 2028
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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the High-Temperature Composite Resin market have been negatively impacted due to the COVID-19 pandemic resulted in a decrease in the growth of the market for 2020 and 2021.
The demand in the aerospace and defense industry for high-temperature composite resins is growing globally as it is used in various parts of aircraft such as engines, ducts, stators, and heat shields. Furthermore, the aviation industry is expanding with the rising demand for commercial aircraft as the air traffic is increasing and low fuel prices are likely to drive the growth of the high-temperature composite resin market. These resins are also used in various space applications such as rocket booster cases, fairings, and payload doors for launch vehicles, and buss and solar arrays for military and commercial satellites are also increasing.
North America holds the largest market share due to the rising aerospace and defense industry on account of the increasing production of aircraft to meet global demand. Asia-Pacific is anticipated to be the fastest-growing due to the rapid increase in the aviation industry in developing economies. Furthermore, the rising air traffic joined with the growing tourism industry in emerging economies has led to an increase in the demand for aircraft, which is expected to drive the growth of the market.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global High-Temperature Composite Resin market provides an in-depth analysis of key players which includes:
• Huntsman International
• Hexion
• Hexcel Corporation
• Royal TenCate
• Sumitomo Bakelite
• Arkema
• DIC Corporation
• Lonza
• Nexam Chemical Holding
• UBE Industries
The global High-Temperature Composite Resin Market is segmented based on Manufacturing Process, Type, and end-use. Based on the manufacturing process, the market is segmented as Lay-up, Injection Molding, Compression Molding, Pultrusion, Others. Based on the type, the market is segmented as Epoxy, Thermoplastic, Polyimide, Benzoxazine, Bismaleimide, and Others. And based on the end-use, the market is analyzed across the Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, and Others.
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global High Temperature Composite Resin Market
• Value Chain Analysis of Global High Temperature Composite Resin Market
• What is the CAGR of the global High Temperature Composite Resin Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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