Cyanate ester resins are an important class of thermosetting polymers with high glass-transition temperature, low outgassing, and low dielectric constant and loss. These resins are used in a variety of applications such as printed circuit boards, radomes, structural composites for space applications, and adhesives.
Cyanate Ester Resin production market is relatively concentrated. North America and Europe are the major production areas as well as the leading consumption market. However, small players in other areas like China are growing slowly in recent years, and they are seeking ways to enter into the global market.
Raw material cost is the biggest cost section for cyanate ester resin manufacturing. cyanate ester compound, the main direct upstream material, are mostly supplied by Cyanate Ester Resin producer themselves. Huntsman, Lonza, TenCate, Cytec and Hexcel are the leading players in global market, Techia Corporation and Jiangdu Maida Group are key players in China production market.
Price of Cyanate Ester Resin fluctuated obviously in 2012-2017, due to the upward trend of raw material prices and R & D expenditure, the Cyanate Ester Resin price is forecasted to keep a growing trend in next few years.
The global Cyanate Ester Resin market was 170 million US$ in 2018 and is expected to 280 million US$ by the end of 2025, growing at a CAGR of 6.6% between 2019 and 2025.
This report studies the Cyanate Ester Resin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cyanate Ester Resin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Jiangdu Maida Group
By the product type, the market is primarily split into
Bisphenol-based Cyanate Ester Resin
Novolac-based Cyanate Ester Resin
By the end users/application, this report covers the following segments
Aircraft and Space Structures
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Cyanate Ester Resin market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cyanate Ester Resin market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cyanate Ester Resin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cyanate Ester Resin with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Cyanate Ester Resin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cyanate Ester Resin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cyanate Ester Resin market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Cyanate Ester Resin market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.