Composite resin is a low-molecular-weight organic compound, which is normally used as organic matrix in the production of composite material. Composite resin is split between thermosets (mainly liquid resin) and thermoplastics (solid resin).
Composite resin formulations vary depending on the process used to fabricate the part and the requirements of its end-use application.
The composite resin industry is fragmented. The global composite resin industry's top seven producers are estimated to account for 49.07% of industry production in 2015 with facilities located around the world. Although the industry is not concentratedThese companies tend to dominate the markets in many countries by establishing production bases, meaning that they often directly control the packing and distribution of their product. The biggest global composite resin companies in the world are the Hexion, Huntsman Corporation, Polynt, Olin, Royal DSM, Reichhold and BASF etc.
It is clear that a processor has three broad options for selling the final product including automotive, aerospace, windmills and building & construction etc. industries. Automotive and Windmills involve products sold at higher wholesale volumes.
We tend to believe this industry now is mature, and the consumption increasing degree will show a slowly rising curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Composite Resin market is valued at 18100 million US$ in 2017 and will reach 23300 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.
The major manufacturers covered in this report
Alpha Owens–Corning (AOC)
Scott Bader Company
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
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 South America
Middle East & Africa
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Unsaturated Polyester Resin
By Application, the market can be split into
Building & Construction
The study objectives of this report are:
To analyze and study the global Composite Resin capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Composite Resin manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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 Composite Resin are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Composite Resin Manufacturers
Composite Resin Distributors/Traders/Wholesalers
Composite Resin Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Composite Resin market, by end-use.
Detailed analysis and profiles of additional market players.