May 26, 2021   SOURCE: BusinessWire

High Temperature Composite Resins Markets: Lay-up, Compression Molding, Filament Winding, Injection Molding, Pultrusion - Global Market Trajectory & Analytics to 2027 - ResearchAndMarkets.com

The "High Temperature Composite Resins - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global High Temperature Composite Resins Market to Reach $1.4 Billion by 2027

Amid the COVID-19 crisis, the global market for High Temperature Composite Resins estimated at US$800.2 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 8% over the analysis period 2020-2027.

Lay-up, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$498.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Compression Molding segment is readjusted to a revised 8.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $236.8 Million, While China is Forecast to Grow at 7.5% CAGR

The High Temperature Composite Resins market in the U.S. is estimated at US$236.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$238.7 Million by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 6.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Filament Winding Segment to Record 8.4% CAGR

In the global Filament Winding segment, USA, Canada, Japan, China and Europe will drive the 8.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$104.5 Million in the year 2020 will reach a projected size of US$184.6 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$158.1 Million by the year 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • World Current & Future Analysis for High Temperature Composite Resins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • World Historic Review for High Temperature Composite Resins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • World 15-Year Perspective for High Temperature Composite Resins by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
  • Lay-up
  • Compression Molding
  • Filament Winding
  • Injection Molding
  • Pultrusion
  • Other Resin Types
  • Aerospace & Defense
  • Transportation
  • Electrical & Electronics

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 43

For more information about this report visit https://www.researchandmarkets.com/r/ept93e