20th September, 2018 - High Temperature Resin Market are linear polymers that possess high glass transition temperature without exhibiting a significant transition in structural form. Their high temperature resistive property to degradation is legendary and finds significance in railway and defense applications. High-temperature resins are the innocuous elements in aerospace, defense, buildings, construction and marine. Composite resins employing high temperature resins are used to increase resistivity to smoke, fume emissions, and heat release. They are finding adoption in railway, miming construction, and defense where they are used as bulwark supports, bulkheads, flooring and doors and edges.
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The burgeoning growth in railway, defense and aerospace industries, chemical bonding properties or adhesive bonds of resin adding immense durability seeks application as mechanical fasteners in high-end industries and high-temperature resins finding use in composite applications are interpreted as significant drivers to the market. Segmentation of high-temperature resins by type leads into epoxy, polyester, thermoplastic, and others. On the basis of manufacturing, the market is differentiated into lay-up, filament winding, injection molding, protrusion, compression molding, and the other processes.
On the basis of applications, the market is further divided into transportation, aerospace and defense, building and construction, marine and the other applications. On the basis of regions, the market is segmented into North America, Europe, Asia Pacific, MEA, and Latin America. Epoxy resin market is bound to grow in the forecast period due to the positive impact of industrialization. Epoxy resins display superb adhesive properties at high temperatures and exhibit impact resistance, resistance to chemical reactions, and resistance to solvents.
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High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026The global high temperature resin market is estimated to be valued at USD 3.16 Billion in 2016, and is projected to reach USD 4.88 Billion by 2026, at a CAGR of 4.44% from 2016 to 2026.Browse 112 market data tables and 54 figures spread through 162 pages and in-depth TOC on “High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026”The two key players in the global high temperature resin market are Solvay S.A. (Belgium), and Henkel AG & Co., KGaA (Germany).
Solvay S.A. (Belgium) preferred new product launch as its major strategy to strengthen its position in the market.
In August 2016, Solvay added three Ryton polyphenylene sulfide products to its portfolio for food & beverage applications.
The newly introduced products are Ryton R-4-242, R-7-232 PPS, and Ryton R-4-232 PPS.
Similarly, in May 2014, Solvay Specialty Polymers launched new high stiffness grade KetaSpire PEEK.
These new products have found applications in the automotive & transportation, electronics, semiconductor, and oil & gas industries.
High Temperature Resin market outlook to 2027 report includes the latest predictions of global High Temperature Resin market along with geography, therapy area and applications.
The report specifically focuses on different types of High Temperature Resin with a special attention of their emergence over the forecast period to 2027.
Browse High Temperature Resin Market Research Report https://www.oganalysis.com/industry-reports/211618/high-temperature-resin-marketThe research report provides objective measures to tap into the future opportunities that will be available over the next six years.
Impact of domestic market conditions, price variations, competition, government policies, healthcare spending, technological and local market conditions are assessed for country level forecasts.
While growth will remain steady in the developed markets, Asian and other emerging markets will be key for High Temperature Resin market growth from 2021 to 2027.
Accordingly, detailed discussion about broader implications of key strategies, product launches and other latest High Temperature Resin market developments are included in the research work.
