Thermoset moulding is an irreversible moulding process. The malleable forms of plastic are forced into a heated mold and formed into their final shape. Thermoset materials are stronger due to the catalysts that are added to the base compound. It causes chemical reactions at the molecular level, thereby forming a harder, irreversible final form. It is exploited in various end-user industries such as automotive, electronics, aerospace, and many others.
MARKET DYNAMICS
Thermosetting Resin Moulding is used in the electronics sector for the manufacturing of printed circuit boards and copper-clad laminates, amongst others. Due to the rising demand for shorter, lighter, thermally stable, and reliable circuit boards, thermosetting resin moulding materials are gaining traction. Moreover, tremendous growth in urbanization, rising disposable income, and growth in industrialization will also positively influence the market growth in the coming years.
MARKET SCOPE
The "Global Thermosetting Moulding Materials Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermosetting moulding materials market with detailed market segmentation by type, application, and geography. The global thermosetting moulding materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermosetting moulding materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermosetting moulding materials market is segmented on the basis of type and application. On the basis of product type, thermosetting moulding materials market is segmented into epoxy, polyester, polyurethane, polyimide, and others. On the basis of application, market is segmented into automotive, consumer electronics, aerospace, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermosetting moulding materials market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermosetting moulding materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermosetting moulding materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thermosetting moulding materials market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermosetting moulding materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thermosetting moulding materials market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the thermosetting moulding materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermosetting moulding materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Eastman Chemical Company
- Evonik Industries AG
- Hexion Inc.
- Hitachi Chemical Company Ltd.
- Huntsman Corporation
- Kolon Industries Inc.
- Kyocera Chemical Corporation
- Plastics Engineering Company
- Rogers Corporation
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