Reports and Data's Global Europe High-Temperature Resin Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
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Top Companies: Hexcel Corporation, Huntsman International LLC, Koninklijke Ten Cate bv, Hexion Inc., Sumitomo Bakelite Company Limited, DIC Corporation, Lonza AG, Arkema S.A., Nexam Chemical Holding AB, and Ube Industries, Ltd. The industry players are focusing on capacity expansion to meet growing demand.
Further Key Finding from the Report Suggestion:
In July 2018, Groupe Gazechim Composites and Hexcel Corporation collaborated to offer customized kitting services for high-level composite materials. The final products were provided for defense and aerospace applications
Solvay, a Belgian chemical company, recently claimed that its KetaSpire PEEK XT, which was introduced at the Germany K 2019 trade show, is the first-ever true high-temperature polyetheretherketone (PEEK) in the market. The company claims that the material exhibits significantly higher stiffness strength at elevated temperatures when compared to a standard polyetheretherketone, with nearly 50% higher tensile strength at 160°C and approximately 400% higher tensile modulus.
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
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The global Europe High-Temperature Resin market is segmented into:
Resin Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
- Cyanate Ester
Manufacturing Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
- Compression molding
- Injection Molding
End-User Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
- Aerospace Defense
- Electrical Electronics
- Building Construction
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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