High Temperature Resin Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

Report Code: CMR 13722 Report Format: PDF + Excel

High Temperature Resin Market Overview

High Temperature Resin Market size is forecast to reach $4.9 billion by 2026, after growing at a CAGR of 5.2% during 2021-2026. High Temperature Resin is the thermosetting or thermoplastic polymers which are used in high temperature application as sealants, adhesives, connector, insulator, and others. The high temperature resins are excellent heat resistant, low thermal expansion, solvent solubility, and structural capability, resistant to burning, chemical and radiation resistant and have great mechanical properties. Standard thermoset polyurethanes can resist temperatures ranging from -80 to 200 degrees Fahrenheit. Some polyurethane chemistries, on the other hand, may withstand temperatures as high as 300°F. Polyethersulfone (PES) are a type of high-temperature thermoplastic. Polyethersulfone (PES) is a strong contender for meeting FAA criteria for aircraft interior parts because of its low flammability and minimal smoke output. The growth in the market is due to the increase in the usage of high temperature resin in various sectors like, electrical and electronics, medical, automotive and others.

COVID-19 Impact:

Thermoset resin is used as a matrix with fibres such as glass fibre, carbon fibre, natural fibre, and others in thermoset composites. Thermoset resins are currently frequently utilised for composite fabrication because they are liquid at ambient temperatures when uncured. This unique property of thermoset resin enables for easy reinforcing fibre impregnation. Composites are widely used in the aircraft sector. Composites have risen to prominence in the aerospace and defence industries as a result of growing environmental concerns and the search for high-strength, light-weighting materials to improve fuel efficiency. The entire aerospace and defence industries has been thrown into chaos by the COVID-19 epidemic. Most airlines, as well as OEMs and their suppliers in the aircraft production ecosystem, appear to be facing a significant drop in revenue and cash flow. The composite demand in aircraft manufacture will be hurt the most by this massive impact on material suppliers.

Report Coverage

The report: “High Temperature Resin Market - Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the High Temperature Resin Industry.

By Type: Thermoset Resin (Epoxy, Phenolic, Silicones, Polyimides, Cyanate Esters, Polybenzoxazines and Bismaleimides) and Thermoplastic Resin (Amorphous (Polysulfones (PS), Polyetherimides (PEI), Polyphenylsulfone and Others) and Semi Crystalline (Polyphenylene Sulfide (PES), Liquid Crystal Polymer (LCP), Polyether ether ketone (PEEK), Polyphthalamide and Others)).
By Application: Adhesives & Sealants, Paints & Coatings, Heat Exchanger parts, Connectors and Couplers, Electrical Insulation, Casting and Others.
By End Use: Electrical and Electronics, Automotive, Medical, Aerospace & Defense, Industrial and Others.
By Geography: North America (U.S, Canada and Mexico), Europe (UK, France, Germany, Italy, Spain, Russia, Netherlands, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

  • North America dominates the High Temperature Resin Market owing to rapid increase in automotive and industrial applications.
  • The market drivers and restraints have been assessed to understand their impact over the forecast period.
  • The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
  • The other key areas of focus include the various applications and end use industry in High Temperature Resin Market and their specific segmented revenue.
  • Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of High Temperature Resin Market related industries has been negatively affected, thus hampering the growth of the market.

Figure: High Temperature Resin Market Revenue, 2020-2026 (US$ Billion)

High Temperature Resin Market Revenue
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High Temperature Resin Market Segment Analysis - By Type

Thermoset Resins held the largest share of 44% in the High Temperature Resin Market in 2020. Epoxy and Silicones are holding the market for the high temperature market. Epoxies are high performance resins which are used in every industry because of good heat, corrosion resistance, great bond performance and reasonable price. The raisin has a three-dimensional network of cross linking and hence has great finishing, excellent adhesion, tailored elasticity, and great strength. Silicones are the man-made elastomers to produce an advantage over natural rubber by combining the heat resistance with cold performance.

High Temperature Resin Market Segment Analysis - By Application

Adhesives & Sealants held the largest share of 38% in the High Temperature Resin Market in 2020. This rise is mainly due to the growing demand for adhesives and sealants in metals, ceramics, plastics, and composites. The growing use of adhesives and sealants in different industries like automobiles, aerospace, electronics, medical and other industrial applications. Adhesives & Sealants are also used in the paints, coatings, and woodworking industries for different purposes. Urbanization with a large network of connections has contributed to an increase in demand and material and adhesives requirements. Many companies are spending lot in research and development in order to generate the new cutting-edge processing aids and provide a smarter way for using high temperature resins.

High Temperature Resin Market Segment Analysis - By End Use

Aerospace & Defense Sector held the largest share in the High Temperature Resin Market in 2020 with a CAGR of 5.5% during the forecast period of 2021-2026. The rise in demand in aerospace sector is due to the use of high temperature resin in the manufacturing of different components like engine components, exterior and interior of the aircrafts, making of missiles and satellites and others. The growth is also in the automobile sector in which the high temperature resins are used in order to reduce the weight of the material and enhance the performance. Thus, flourishing aerospace & defense and automobile industries may drive the growth of the High Temperature Resin Market.

High Temperature Resin Market Segment Analysis - Geography

North America dominated the High Temperature Resin Market in the year 2020 with a market share of 40% followed by Europe and Asia Pacific. The North America region is dominating because of the rise in the aerospace and defense industry in the region. North America is also a hub for the development and innovation of the space vehicles which uses high temperature resins. North America’s investment in defense and development is booming the market. Currently, the High Temperature Resin industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. In in turn has affected the demand and supply chain as well which has been restricting the growth in year 2021.

High Temperature Resin Market Drivers

Rise in Demand for high temperature resin in automobiles

Industrialization has led to the increase in demand for high temperature resin in various industries for different purposes. The use of high temperature resins is used in the automobiles because they improve the resistance to higher ignition. These are used to withstand the specific temperature range. Because of the higher temperature range the use of higher temperature resin is also increasing in other industries like medical, transportation, electronics, and others.

High Temperature Resin Market Challenges

High production cost and environmental damage

Innovation is the key to developing new products and hence the high temperature resin is the outcome of it. The use of cutting-edge technology for making of the high temperature resin is increasing the cost. Also, many of the high temperature resins are not recyclable and hence are harmful for the environment and hence is causing a challenge in high temperature resin market.

High Temperature Resin Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the High Temperature Resin Market. Major players in the High Temperature Resin Market are Henkel AG, KGaA, Dow Corning Corporation, BASF SE, Mitsui Chemicals Inc., Solvay S.A., Huntsman Corporation, DIC Corporation, Saudi Arabia Basic Industries Corporation, Wacker Chemie AG, Royal Tencate N.V., and Others.

Acquisitions/Technology Launches/ Product Launches

  • In February 2019, Teijin Holding USA Inc. acquired Renegade a leading supplier of highly heat resistant thermoset prepreg, to expand its carbon fiber intermediate business for aerospace applications.

Related Reports:

High-Temperature Composite Resin Market – Forecast (2021 - 2026)
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High Temperature Coatings Market – Forecast (2021 - 2026)
Report Code: CMR 0316

Epoxy Resin Market – Forecast (2021 - 2026)
Report Code: CMR 0656

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1. High Temperature Resin Market- Market Overview 
    1.1 Definitions and Scope
2. High Temperature Resin Market- Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Application
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. High Temperature Resin Market- Comparative Analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided Analysis)
4. High Temperature Resin Market - Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. High Temperature Resin Market– Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major Companies
6. High Temperature Resin Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of substitutes
7. High Temperature Resin Market -Strategic analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. High Temperature Resin Market– By Type (Market Size -$Million)
    8.1 Thermoset Resin
        8.1.1 Epoxy
        8.1.2 Phenolic
        8.1.3 Silicones
        8.1.4 Polyimides
        8.1.5 Cyanate Esters
        8.1.6 Polybenzoxazines
        8.1.7 Bismaleimides
    8.2 Thermoplastic Resin
        8.2.1 Amorphous
            8.2.1.1 Polysulfones (PS)
            8.2.1.2 Polyetherimides (PEI)
            8.2.1.3 Polyphenylsulfone
            8.2.1.4 Others
        8.2.2 Semi Crystalline
            8.2.2.1 Polyphenylene Sulfide (PES)
            8.2.2.2 Liquid Crystal Polymer (LCP)
            8.2.2.3 Polyether ether ketone (PEEK)
            8.2.2.4 Polyphthalamide
            8.2.2.5 Others
9. High Temperature Resin Market– By Application (Market Size -$Million)
    9.1 Adhesives & Sealants
    9.2 Paints & Coatings
    9.3 Heat Exchanger parts
    9.4 Connectors and Couplers
    9.5 Electrical Insulation
    9.6 Casting
    9.7 Others
10. High Temperature Resin Market– By End-Use Industry (Market Size -$Million)
    10.1 Electrical and Electronics
    10.2 Automotive
    10.3 Medical
    10.4 Aerospace
    10.5 Industrial
    10.6 Others
11. High Temperature Resin Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia Pacific (APAC)
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of Asia Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
    11.5 Rest of South America
    11.6 Rest of World (RoW)
        11.6.1 Middle East
            11.6.1.1 Saudi Arabia
            11.6.1.2 UAE
            11.6.1.3 Israel
            11.6.1.4 Rest of Middle East
        11.6.2 Africa
            11.6.2.1 South Africa
            11.6.2.2 Nigeria
            11.6.2.3 Rest of Africa
12. High Temperature Resin Market- Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. High Temperature Resin Market – Industry/Segment Competition Landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Country Level - Major companies
    13.3 Market Share by Key Geography - Major companies
    13.4 Market Share by Key Product Type/Product category - Major companies
14. High Temperature Resin Market- Key Company List by Country Premium Premium 
15. High Temperature Resin Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global High Temperature Resin Market By Type Market 2019-2024 ($M)
1.1 Types of High Temperature Resin Market 2019-2024 ($M) - Global Industry Research
1.1.1 Epoxy Market 2019-2024 ($M)
1.1.2 Silicone Market 2019-2024 ($M)
1.1.3 Acrylic Market 2019-2024 ($M)
1.1.4 Polyester Market 2019-2024 ($M)
1.1.5 Polyethersulfone Market 2019-2024 ($M)
1.1.6 Alkyd Market 2019-2024 ($M)
1.1.7 Polyurethane Market 2019-2024 ($M)
1.1.8 Phenolic Market 2019-2024 ($M)
1.1.9 Polyetheramide Market 2019-2024 ($M)
1.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Global Industry Research
1.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Global Industry Research
1.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Global Industry Research
2.Global High Temperature Resin Market By Type Market 2019-2024 (Volume/Units)
2.1 Types of High Temperature Resin Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Epoxy Market 2019-2024 (Volume/Units)
2.1.2 Silicone Market 2019-2024 (Volume/Units)
2.1.3 Acrylic Market 2019-2024 (Volume/Units)
2.1.4 Polyester Market 2019-2024 (Volume/Units)
2.1.5 Polyethersulfone Market 2019-2024 (Volume/Units)
2.1.6 Alkyd Market 2019-2024 (Volume/Units)
2.1.7 Polyurethane Market 2019-2024 (Volume/Units)
2.1.8 Phenolic Market 2019-2024 (Volume/Units)
2.1.9 Polyetheramide Market 2019-2024 (Volume/Units)
2.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 High Temperature Resin for Composites Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America High Temperature Resin Market By Type Market 2019-2024 ($M)
3.1 Types of High Temperature Resin Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Epoxy Market 2019-2024 ($M)
3.1.2 Silicone Market 2019-2024 ($M)
3.1.3 Acrylic Market 2019-2024 ($M)
3.1.4 Polyester Market 2019-2024 ($M)
3.1.5 Polyethersulfone Market 2019-2024 ($M)
3.1.6 Alkyd Market 2019-2024 ($M)
3.1.7 Polyurethane Market 2019-2024 ($M)
3.1.8 Phenolic Market 2019-2024 ($M)
3.1.9 Polyetheramide Market 2019-2024 ($M)
3.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Regional Industry Research
3.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Regional Industry Research
3.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Regional Industry Research
4.South America High Temperature Resin Market By Type Market 2019-2024 ($M)
4.1 Types of High Temperature Resin Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Epoxy Market 2019-2024 ($M)
4.1.2 Silicone Market 2019-2024 ($M)
4.1.3 Acrylic Market 2019-2024 ($M)
4.1.4 Polyester Market 2019-2024 ($M)
4.1.5 Polyethersulfone Market 2019-2024 ($M)
4.1.6 Alkyd Market 2019-2024 ($M)
4.1.7 Polyurethane Market 2019-2024 ($M)
4.1.8 Phenolic Market 2019-2024 ($M)
4.1.9 Polyetheramide Market 2019-2024 ($M)
4.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Regional Industry Research
4.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Regional Industry Research
4.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Regional Industry Research
5.Europe High Temperature Resin Market By Type Market 2019-2024 ($M)
5.1 Types of High Temperature Resin Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Epoxy Market 2019-2024 ($M)
5.1.2 Silicone Market 2019-2024 ($M)
5.1.3 Acrylic Market 2019-2024 ($M)
5.1.4 Polyester Market 2019-2024 ($M)
5.1.5 Polyethersulfone Market 2019-2024 ($M)
5.1.6 Alkyd Market 2019-2024 ($M)
5.1.7 Polyurethane Market 2019-2024 ($M)
5.1.8 Phenolic Market 2019-2024 ($M)
5.1.9 Polyetheramide Market 2019-2024 ($M)
5.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Regional Industry Research
5.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Regional Industry Research
5.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Regional Industry Research
6.APAC High Temperature Resin Market By Type Market 2019-2024 ($M)
6.1 Types of High Temperature Resin Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Epoxy Market 2019-2024 ($M)
6.1.2 Silicone Market 2019-2024 ($M)
6.1.3 Acrylic Market 2019-2024 ($M)
6.1.4 Polyester Market 2019-2024 ($M)
6.1.5 Polyethersulfone Market 2019-2024 ($M)
6.1.6 Alkyd Market 2019-2024 ($M)
6.1.7 Polyurethane Market 2019-2024 ($M)
6.1.8 Phenolic Market 2019-2024 ($M)
6.1.9 Polyetheramide Market 2019-2024 ($M)
6.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Regional Industry Research
6.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Regional Industry Research
6.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Regional Industry Research
7.MENA High Temperature Resin Market By Type Market 2019-2024 ($M)
7.1 Types of High Temperature Resin Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Epoxy Market 2019-2024 ($M)
7.1.2 Silicone Market 2019-2024 ($M)
7.1.3 Acrylic Market 2019-2024 ($M)
7.1.4 Polyester Market 2019-2024 ($M)
7.1.5 Polyethersulfone Market 2019-2024 ($M)
7.1.6 Alkyd Market 2019-2024 ($M)
7.1.7 Polyurethane Market 2019-2024 ($M)
7.1.8 Phenolic Market 2019-2024 ($M)
7.1.9 Polyetheramide Market 2019-2024 ($M)
7.2 High Temperature Resin for Adhesives & Sealants Application Market 2019-2024 ($M) - Regional Industry Research
7.3 High Temperature Resin for Paints & Coatings Application Market 2019-2024 ($M) - Regional Industry Research
7.4 High Temperature Resin for Composites Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US High Temperature Resin Market Revenue, 2019-2024 ($M)
2.Canada High Temperature Resin Market Revenue, 2019-2024 ($M)
3.Mexico High Temperature Resin Market Revenue, 2019-2024 ($M)
4.Brazil High Temperature Resin Market Revenue, 2019-2024 ($M)
5.Argentina High Temperature Resin Market Revenue, 2019-2024 ($M)
6.Peru High Temperature Resin Market Revenue, 2019-2024 ($M)
7.Colombia High Temperature Resin Market Revenue, 2019-2024 ($M)
8.Chile High Temperature Resin Market Revenue, 2019-2024 ($M)
9.Rest of South America High Temperature Resin Market Revenue, 2019-2024 ($M)
10.UK High Temperature Resin Market Revenue, 2019-2024 ($M)
11.Germany High Temperature Resin Market Revenue, 2019-2024 ($M)
12.France High Temperature Resin Market Revenue, 2019-2024 ($M)
13.Italy High Temperature Resin Market Revenue, 2019-2024 ($M)
14.Spain High Temperature Resin Market Revenue, 2019-2024 ($M)
15.Rest of Europe High Temperature Resin Market Revenue, 2019-2024 ($M)
16.China High Temperature Resin Market Revenue, 2019-2024 ($M)
17.India High Temperature Resin Market Revenue, 2019-2024 ($M)
18.Japan High Temperature Resin Market Revenue, 2019-2024 ($M)
19.South Korea High Temperature Resin Market Revenue, 2019-2024 ($M)
20.South Africa High Temperature Resin Market Revenue, 2019-2024 ($M)
21.North America High Temperature Resin By Application
22.South America High Temperature Resin By Application
23.Europe High Temperature Resin By Application
24.APAC High Temperature Resin By Application
25.MENA High Temperature Resin By Application
26.E.I. Dupont De Nemours & Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Solvay S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.DIC Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Henkel AG & Co. KGaA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Saudi Basic Industries Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Royal Tencate N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Huntsman Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Mitsui Chemicals Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Wacker Chemie AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.DOW Corning Corporation., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Hexion Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)