The North American high-temperature composite resin market is anticipated to grow at a CAGR of 8.5% during the forecast period. The presence of major aviation market players in the region creates significant demand for high-temperature composite resins and therefore, contributes to the regional growth of the market. Along with the significant contribution from major aviation market players, the region marks the huge defense expenditure which is supporting the market growth. The US and Canada being the major economies of North America spend a substantial amount of the GDP on the military and defense. For instance, as per the Stockholm International Peace Research Institute (SIPRI), the US invested $649 billion in its military spending in 2018.

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The North America high-temperature composite resin market is segmented based on type, manufacturing process, and end-User. Based on the type, the market is sub-segmented into epoxy, phenolic, polyimide, bismaleimides (BMI), and others. Based on the manufacturing process, the market is sub-segmented into the layup, injection molding, pultrusion molding, filament winding, and others. Based on the end-user, the market is sub-segmented into aerospace and defense, transportation, electrical & electronics, and others.

The key players of the North America high-temperature composite resin market include Celanese Corp., Hexcel Corp., DuPont De Nemours, Inc., Hexion Specialty Chemicals, Inc., Arkema Group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and funding, to stay competitive in the market.

Research Methodology

The market study of the North America high-temperature composite resin market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for high resistant composite resins manufacturers, defense systems manufacturers, Original Equipment Manufacturers (OEMs), subcomponent manufacturers, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, different products, and growth opportunity in the market. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

1. North America High-Temperature Composite Resin Market Research and Analysis by Type
2. North America High-Temperature Composite Resin Market Research and Analysis by the Manufacturing Process
3. North America High-Temperature Composite Resin Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the North America high-temperature composite resin market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North America high-temperature composite resin market.
• Insights about market determinants which are stimulating the North America high-temperature composite resin market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.