Composite Resin Market Analysis and Forecast to 2031: By Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Layup, Filament Winding, Injection Molding, and Others), Application (Construction & Infrastructure, Transportation, Electrical & Electronics, and Others), and Region
Composite resin is a type of plastic that is used in a variety of applications, including as an alternative to traditional materials such as wood and metal. Composite resin is made from a variety of materials, including glass, carbon, and Kevlar, and is typically reinforced with fibers to improve its strength and durability. Composite resin is often used in the construction of boats, cars, and aircraft, as well as in a variety of industrial and consumer products.
Key Trends
One of the key trends in composite resin technology is the development of new types of resins that are more durable and easier to work with.
Another trend is the development of new methods for bonding composite resins to teeth, which can make the procedure more comfortable for patients and improve the results.
Key Drivers
The key drivers of the composite resin market are:
1. The increasing demand for composite resins from the transportation and construction industries.
2. The growing demand for composite resins from the wind energy sector.
3. The increasing use of composite resins in the marine industry.
4. The favorable properties of composite resins such as high strength, durability, and resistance to chemicals and weathering.
Restraints & Challenges
The key restraints and challenges in the composite resin market include the high cost of raw materials, stringent environmental regulations, and the volatile nature of the raw materials.
The high cost of raw materials is a major challenge for the market players as it hampers the growth of the market.
Stringent environmental regulations are another challenge for the market players as they hamper the growth of the market.
The volatile nature of the raw materials is another challenge for the market players as it hampers the growth of the market.
Market Segments
The Composite Resin Market is segmented by resin type, manufacturing process, application, and region. By resin type, the market is divided by thermoset and thermoplastic. Based on manufacturing process, it is bifurcated into layup, filament winding, injection molding, and others. On the basis of application, it is classified into construction & infrastructure, transportation, electrical & electronics, and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Composite Resin Market includes players such as Huntsman International LLC , Hexion, Inc , The Dow Chemical Company, Ashland Global Holdings, Inc., Sumitomo Bakelite Co., Ltd., Schott Bader Company Limited, Royal DSM N.V, BASF SE, Kukdo Chemical Co., Ltd., and Polynt S.p.A.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Composite Resin Market Outlook
3.1. Composite Resin Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Composite Resin Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Composite Resin Market
4.3. Economic Impact Analysis
Chapter 5. Composite Resin Market by Resin Type
5.1. Market Overview
5.2. Thermoset Composite Resin
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Thermoplastic Composite Resin
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Composite Resin Market by Manufacturing Process
6.1. Market Overview
6.2. Layup
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Filament Winding
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Injection Molding
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Others
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Composite Resin Market by Application
7.1. Market Overview
7.2. Construction & Infrastructure
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Transportation
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Electrical & Electronics
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Composite Resin Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.2.3. North America Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.2.4. North America Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.5. North America Composite Resin Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.2.6.2. The U.S. Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.2.6.3. The U.S. Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.2.7.2. Canada Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.2.7.3. Canada Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.2.8.2. Mexico Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.2.8.3. Mexico Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.3. Europe Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.4. Europe Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.5. Europe Composite Resin Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.6.2. Germany Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.6.3. Germany Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.7.2. France Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.7.3. France Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.8.2. U.K. Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.8.3. U.K. Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.9.2. Spain Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.9.3. Spain Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.10.2. Italy Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.10.3. Italy Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Composite Resin Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.4. Asia-Pacific Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.5. Asia-Pacific Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.6.2. China Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.6.3. China Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.7.2. India Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.7.3. India Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.8.2. Japan Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.8.3. Japan Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.9.2. South Korea Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.9.3. South Korea Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.5.3. Rest of the World Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.5.4. Rest of the World Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.5. Rest of the World Composite Resin Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.5.6.2. Latin America Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.5.6.3. Latin America Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.5.7.2. Middle East Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.5.7.3. Middle East Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Composite Resin Market Size and Forecast by Resin Type, 2021-2031, ($Million)
8.5.8.2. Africa Composite Resin Market Size and Forecast by Manufacturing Process, 2021-2031, ($Million)
8.5.8.3. Africa Composite Resin Market Size and Forecast by Application, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Huntsman International LLC
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Hexion, Inc
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. The Dow Chemical Company
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Ashland Global Holdings, Inc
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Sumitomo Bakelite Co., Ltd
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Schott Bader Company Limited
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Royal DSM N.V
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. BASF SE
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Kukdo Chemical Co., Ltd.
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Polynt S.p.A
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Resin Type
- Thermoset Composite Resin
- Thermoplastic Composite Resin
By Manufacturing Process
- Layup
- Filament Winding
- Injection Molding
- Others
By Application
- Construction & Infrastructure
- Transportation
- Electrical & Electronics
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa