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Global thermoset resins market is projected to reach 95.5 million tons by 2016, growing at a CAGR of 11%; supported by unsaturated polyesters (UP), phenol-formaldehyde (PF) and other resins, according to Axis Research Mind

December 03, 2012 Bookmark and Share

The thermoset resins market is expected to reach 95.5 million tons by 2016 primarily supported by the segments unsaturated polyesters (UP), phenol-formaldehyde (PF) and epoxy/polyepoxide resins with their end-users plywood, furniture/bedding, building & construction, automotive, consumer products, electronic and etc... Polyurethanes (PU) market is expected to reach 28.2 million tons by 2016, backed up with their major end-use segments (furniture/bedding, construction, automotive and electronic) in emerging countries across world. Globally, unsaturated polyesters (UP) and phenol-formaldehyde (PF) together account for approximately 30% of the market are expected to support the thermosets industry going forward. Geographical analysis shows that the highest Compounded Annual Growth Rate (CAGR) of 11.7% is anticipated from Asia-Pacific region during the analysis period, 2011-2016. Polyurethanes (PU) market in Europe is not much far behind compared to Asia-Pacific with a CAGR of 11.1%. Epoxy / Polyepoxide resins market Europe stands as the fastest growing region with a CAGR of 12.5%, while The Americas forecasts to drive with a growth rate of 10.2%.

For more information please follow link:
Thermosets Resin - A Global Market Watch, 2011 - 2016

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases and published research reports are also used for estimates. Estimates have incorporated recessionary impact on the industry. The analysis is based on desk research and interviews with industry researchers and law/ethics specialists, as well as on data collected through the survey, and discussions with experts.

The report delivers a microscopic view of regional market volume. The major thermosets resin – type and end-users, please follow the link in detail - Thermosets Resin - A Global Market Watch, 2011 - 2016

Other Related Plastics Reports
Rigid Plastics, Flexible Plastics, Thermoplastics Resin, Thermosets Resin, Polyethylene (PE) - Products, End-Uses & Technologies, Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polystyrene (PS), Bioplastics, Polyurethanes (PU), Urea-Formaldehyde (UF), Phenol-Formaldehyde (PF), Unsaturated Polyesters (UP), Epoxy / Polyepoxide Resins, Food & Beverage Plastics, Building & Construction Plastics, Healthcare Plastics, Personal Care Plastics, Household Plastics, Automotive Plastics, Electronic Plastics, Electrical Plastics, Industrial Plastics, Plastic Additives, Polylactic Acid (PLA)

About Axis Research Mind
Axis Research Mind (www.axisresearchmind.com) is a market research firm offering customer-oriented publications in verticals such as life sciences and biotechnology, healthcare and pharmaceuticals, energy and resources, food and beverage, telecomm and many more industries. Our reports cater incisive and precise analytics and are scrutinized with a passion of success in the growing marketplace. Our USBs are self-explanatory, vast database and region-wise coverage across the sectors. We attempt to explore market dynamics explicating the risk and return measures in the industry.

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Laura Alvina
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Senior Research Analyst, Reports Division


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