May 28, 2018   SOURCE: BusinessWire

Global Thermosetting Plastics Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

The "Global Thermosetting Plastics Market - Segmented by Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The market for thermosetting plastics is expected to register a significant growth during the forecast period, 2018 to 2023.

Thermosetting plastics, such as polyurethane, epoxy, and phenolic are widely employed in paints & coating applications in the construction industry, one of the major end-use industries for the global market. The main applications of thermosets and thermoset-matrix composites in building and construction include adhesives and sealants, thermal insulation, roofing, piping, bridge structures, and repair and rehabilitation of civil structures.

Polyurethane segment holds the major market share among the others, in 2017. The demand for the thermoset polyurethane market is likely to grow owing to its significant use in construction in the form of thermal insulators, flooring materials, and sealants. PU rigid foam market due to the excellent insulation properties is gaining considerable importance in various end-user industries. PU is also used in automotive industry for the manufacturing of seating and interior components, such as armrest, headrest, headliners, and dashboard.

In 2017, Asia-Pacific accounted the largest regional market for thermosetting plastics with more than 35% of the global market share. Asia Pacific thermosetting plastics market is anticipated to witness highest growth supported by the demand from major end-use industries, such as construction, furniture, electronic, and automotive. Especially in China, the demand for thermosetting plastics has grown at a fast pace from recent years, which further strengthens the position of Asia-Pacific region in the global thermosetting plastics market.

Companies Mentioned

  • Arkema SA
  • Asahi Kasei Corporation
  • BASF SE
  • DowDuPont
  • Celanese Corporation
  • Chevron Phillips Chemical Company LP
  • LyondellBasell Industries
  • Daicel Corporation
  • Eastman Chemical Company
  • Evonik Industries AG
  • Lanxess AG
  • LG Chem Ltd
  • Mitsubishi Engineering Plastic Corporation
  • Polyplastic Co. Ltd
  • Royal DSM NV
  • SABIC Innovative Plastics
  • Solvay Plastics
  • Teijin Chemicals Limited
  • A. Schulman Inc.
  • Rochling Group.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

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