High Temperature Resin Market
High Temperature Resin Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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High Temperature Resin Market Size and Growth
The High Temperature Resin market is experiencing significant growth, driven by increasing demand from aerospace, automotive, and electronics sectors. As of 2023, the market size is estimated at approximately $3.2 billion, with a projected CAGR of 7% through 2030, reflecting advancements in materials technology and rising industrial applications.
Companies Covered
(Covid 19 Impact Covered)
◍ Huntsman
◍ Hexcel
◍ Sumitomo Bakelite
◍ Royal Tencate
◍ Hexion
◍ DIC
◍ Arkema
◍ Lonza
◍ Nexam Chemical
◍ UBE
◍ SABIC
◍ BASF
◍ DowDupont
◍ Mitsui Chemicals
◍ Wacker Chemie
The High Temperature Resin Market features key players like Huntsman, Hexcel, and BASF, using advanced resins in aerospace, automotive, and electronics. Their innovations drive market growth through enhanced performance and sustainability. Sales revenues include BASF at €78 billion, Huntsman at $7.1 billion, and Hexion at $3.2 billion.
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Market Segmentation
By Application
Aerospace & Defense
Transportation ◍ Electrical & Electronics
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By Product
Phenolic
Epoxy
Thermoplastic
Polyimide
Benzoxazine
Cyanate Ester
Market Growth
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$ 3.70 Billion
