Cyanate Ester Resins Market Growth Analysis, Industry Trends, Development Status and Forecast by 2028
The global cyanate ester resins market is forecast to reach USD 616.2 Million by 2028, according to a new report by Reports and Data. Cyanate esters based on a bisphenol or novolac derivative are used in the production of resins. Cyanate ester resins have various applications in end-use industries such as aerospace & defense, automotive, electrical & electronics, and marine industries. These resins possess properties such as excellent strength and toughness, high-temperature resistance, better electrical properties, and lower moisture absorption.
The market for cyanate ester resins is influenced by the rising demand from the aerospace & defense and electrical & electronics industries for application in antennae, wings, radomes, microelectronics, and microwave products.
The above-mentioned factors collectively create opportunities for the market growth while factors such as high manufacturing costs and issues related to recyclability, and testing of cyanate ester resins pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period. Consistent advancements in the cyanate ester resins market owing to innovative efforts have enhanced the efficiency of resins.
Further key findings from the report suggest
Top players profiled in the report include:
Argosy International, Novoset, Tencate Advanced Composites, Hexcel Corporation, Cytec Solvay Group, Henkel, Huntsman Corporation, Lonza, Koninklijke Ten Cate BV., and MITSUBISHI GAS CHEMICAL COMPANY, INC. among others.
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
Geographic Segment Covered in the Report:
The Cyanate Ester Resins report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
North America (USA and Canada)
Europe (UK, Germany, France and the rest of Europe)
Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
Latin America (Brazil, Mexico, and the rest of Latin America)
Middle East and Africa (GCC and rest of the Middle East and Africa)
Summary of the Cyanate Ester Resins Market Research Report:
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