The North American high-temperature composite resin market is anticipated to grow at a considerable CAGR during the forecast period (2020-2026). The growth of the market in the region can be attributed to the strong presence of various global aerospace & defense production companies. The manufacturing of aerospace and defense products has a significant application of high-temperature composite resin, therefore, the high production of aircraft engines and high manufacturing capital in aerospace & defense are aiding to the market growth. In addition to this, the well-established automotive & transportation and electrical & electronics will also impact the growth of the market during the forecast period.
Browse the full report description of "North America High-Temperature Composite Resin Market Size, Share & Trends Analysis Report By Type (Epoxy, Phenolic, Polyimide, Bismaleimides (BMI), and Others), By Manufacturing Process (Layup, Injection Molding, Pultrusion Molding, Filament Winding, and Others), By End-user (Aerospace and Defense, Transportation, Electrical & Electronics, and Others), and Forecast Period- 2019-2025" at https://www.omrglobal.com/industry-reports/north-america-high-temperature-composite-resin-market
Additionally, the presence of companies such as Hexion Specialty Chemicals, Inc., Huntsman Corp., and E.I. Dupont De Nemours and Co. among others in the region will also contribute majorly to the market high-temperature composite resin market. In addition to this, these companies are continuously engaging in various expansion activities.
For instance, in May 2020, Huntsman Corp. completed the acquisition of CVC Thermoset Specialties (CTS), a North American specialty chemical manufacturer serving the industrial composites, adhesives, and coatings markets. CTS offers specialized curing and toughening agents, resin adducts, and other high-performance epoxy resins used in a wide range of applications. Such activities will also fuel the growth of the North American high-temperature composite resin market.
Market Coverage
o By Type
o By Manufacturing Process
o By End-User
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
North American High-Temperature Composite Resin Market Report Segment
By Type
By Manufacturing Process
By End-User
North American High-Temperature Composite Resin Market Report Segment
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