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Global Composite Resin Market Growth 2019-2024

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Table of Contents

    2019-2024 Global Composite Resin Consumption Market Report

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global Composite Resin Consumption 2014-2024
        • 2.1.2 Composite Resin Consumption CAGR by Region
      • 2.2 Composite Resin Segment by Type
        • 2.2.1 Epoxy Resin
        • 2.2.2 Unsaturated Polyester Resin
        • 2.2.3 Phenolic Resin
        • 2.2.4 Others
      • 2.3 Composite Resin Consumption by Type
        • 2.3.1 Global Composite Resin Consumption Market Share by Type (2014-2019)
        • 2.3.2 Global Composite Resin Revenue and Market Share by Type (2014-2019)
        • 2.3.3 Global Composite Resin Sale Price by Type (2014-2019)
      • 2.4 Composite Resin Segment by Application
        • 2.4.1 Automotive
        • 2.4.2 Windmills
        • 2.4.3 Building & Construction
        • 2.4.4 Aerospace
        • 2.4.5 Others
      • 2.5 Composite Resin Consumption by Application
        • 2.5.1 Global Composite Resin Consumption Market Share by Application (2014-2019)
        • 2.5.2 Global Composite Resin Value and Market Share by Application (2014-2019)
        • 2.5.3 Global Composite Resin Sale Price by Application (2014-2019)

      3 Global Composite Resin by Players

      • 3.1 Global Composite Resin Sales Market Share by Players
        • 3.1.1 Global Composite Resin Sales by Players (2017-2019)
        • 3.1.2 Global Composite Resin Sales Market Share by Players (2017-2019)
      • 3.2 Global Composite Resin Revenue Market Share by Players
        • 3.2.1 Global Composite Resin Revenue by Players (2017-2019)
        • 3.2.2 Global Composite Resin Revenue Market Share by Players (2017-2019)
      • 3.3 Global Composite Resin Sale Price by Players
      • 3.4 Global Composite Resin Manufacturing Base Distribution, Sales Area, Product Types by Players
        • 3.4.1 Global Composite Resin Manufacturing Base Distribution and Sales Area by Players
        • 3.4.2 Players Composite Resin Products Offered
      • 3.5 Market Concentration Rate Analysis
        • 3.5.1 Competition Landscape Analysis
        • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.6 New Products and Potential Entrants
      • 3.7 Mergers & Acquisitions, Expansion

      4 Composite Resin by Regions

      • 4.1 Composite Resin by Regions
        • 4.1.1 Global Composite Resin Consumption by Regions
        • 4.1.2 Global Composite Resin Value by Regions
      • 4.2 Americas Composite Resin Consumption Growth
      • 4.3 APAC Composite Resin Consumption Growth
      • 4.4 Europe Composite Resin Consumption Growth
      • 4.5 Middle East & Africa Composite Resin Consumption Growth

      5 Americas

      • 5.1 Americas Composite Resin Consumption by Countries
        • 5.1.1 Americas Composite Resin Consumption by Countries (2014-2019)
        • 5.1.2 Americas Composite Resin Value by Countries (2014-2019)
      • 5.2 Americas Composite Resin Consumption by Type
      • 5.3 Americas Composite Resin Consumption by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC Composite Resin Consumption by Countries
        • 6.1.1 APAC Composite Resin Consumption by Countries (2014-2019)
        • 6.1.2 APAC Composite Resin Value by Countries (2014-2019)
      • 6.2 APAC Composite Resin Consumption by Type
      • 6.3 APAC Composite Resin Consumption by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe Composite Resin by Countries
        • 7.1.1 Europe Composite Resin Consumption by Countries (2014-2019)
        • 7.1.2 Europe Composite Resin Value by Countries (2014-2019)
      • 7.2 Europe Composite Resin Consumption by Type
      • 7.3 Europe Composite Resin Consumption by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa Composite Resin by Countries
        • 8.1.1 Middle East & Africa Composite Resin Consumption by Countries (2014-2019)
        • 8.1.2 Middle East & Africa Composite Resin Value by Countries (2014-2019)
      • 8.2 Middle East & Africa Composite Resin Consumption by Type
      • 8.3 Middle East & Africa Composite Resin Consumption by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Marketing, Distributors and Customer

      • 10.1 Sales Channel
        • 10.1.1 Direct Channels
        • 10.1.2 Indirect Channels
      • 10.2 Composite Resin Distributors
      • 10.3 Composite Resin Customer

      11 Global Composite Resin Market Forecast

      • 11.1 Global Composite Resin Consumption Forecast (2019-2024)
      • 11.2 Global Composite Resin Forecast by Regions
        • 11.2.1 Global Composite Resin Forecast by Regions (2019-2024)
        • 11.2.2 Global Composite Resin Value Forecast by Regions (2019-2024)
        • 11.2.3 Americas Consumption Forecast
        • 11.2.4 APAC Consumption Forecast
        • 11.2.5 Europe Consumption Forecast
        • 11.2.6 Middle East & Africa Consumption Forecast
      • 11.3 Americas Forecast by Countries
        • 11.3.1 United States Market Forecast
        • 11.3.2 Canada Market Forecast
        • 11.3.3 Mexico Market Forecast
        • 11.3.4 Brazil Market Forecast
      • 11.4 APAC Forecast by Countries
        • 11.4.1 China Market Forecast
        • 11.4.2 Japan Market Forecast
        • 11.4.3 Korea Market Forecast
        • 11.4.4 Southeast Asia Market Forecast
        • 11.4.5 India Market Forecast
        • 11.4.6 Australia Market Forecast
      • 11.5 Europe Forecast by Countries
        • 11.5.1 Germany Market Forecast
        • 11.5.2 France Market Forecast
        • 11.5.3 UK Market Forecast
        • 11.5.4 Italy Market Forecast
        • 11.5.5 Russia Market Forecast
        • 11.5.6 Spain Market Forecast
      • 11.6 Middle East & Africa Forecast by Countries
        • 11.6.1 Egypt Market Forecast
        • 11.6.2 South Africa Market Forecast
        • 11.6.3 Israel Market Forecast
        • 11.6.4 Turkey Market Forecast
        • 11.6.5 GCC Countries Market Forecast
      • 11.7 Global Composite Resin Forecast by Type
      • 11.8 Global Composite Resin Forecast by Application

      12 Key Players Analysis

      • 12.1 Hexion
        • 12.1.1 Company Details
        • 12.1.2 Composite Resin Product Offered
        • 12.1.3 Hexion Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.1.4 Main Business Overview
        • 12.1.5 Hexion News
      • 12.2 Huntsman Corporation
        • 12.2.1 Company Details
        • 12.2.2 Composite Resin Product Offered
        • 12.2.3 Huntsman Corporation Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.2.4 Main Business Overview
        • 12.2.5 Huntsman Corporation News
      • 12.3 Polynt
        • 12.3.1 Company Details
        • 12.3.2 Composite Resin Product Offered
        • 12.3.3 Polynt Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.3.4 Main Business Overview
        • 12.3.5 Polynt News
      • 12.4 Olin
        • 12.4.1 Company Details
        • 12.4.2 Composite Resin Product Offered
        • 12.4.3 Olin Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.4.4 Main Business Overview
        • 12.4.5 Olin News
      • 12.5 Royal DSM
        • 12.5.1 Company Details
        • 12.5.2 Composite Resin Product Offered
        • 12.5.3 Royal DSM Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.5.4 Main Business Overview
        • 12.5.5 Royal DSM News
      • 12.6 Reichhold
        • 12.6.1 Company Details
        • 12.6.2 Composite Resin Product Offered
        • 12.6.3 Reichhold Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.6.4 Main Business Overview
        • 12.6.5 Reichhold News
      • 12.7 BASF
        • 12.7.1 Company Details
        • 12.7.2 Composite Resin Product Offered
        • 12.7.3 BASF Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.7.4 Main Business Overview
        • 12.7.5 BASF News
      • 12.8 Ashland
        • 12.8.1 Company Details
        • 12.8.2 Composite Resin Product Offered
        • 12.8.3 Ashland Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.8.4 Main Business Overview
        • 12.8.5 Ashland News
      • 12.9 Mitsubishi Chemical
        • 12.9.1 Company Details
        • 12.9.2 Composite Resin Product Offered
        • 12.9.3 Mitsubishi Chemical Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.9.4 Main Business Overview
        • 12.9.5 Mitsubishi Chemical News
      • 12.10 Sumitomo Bakelite
        • 12.10.1 Company Details
        • 12.10.2 Composite Resin Product Offered
        • 12.10.3 Sumitomo Bakelite Composite Resin Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.10.4 Main Business Overview
        • 12.10.5 Sumitomo Bakelite News
      • 12.11 Kukdo Chemical
      • 12.12 Hanwha Chemical
      • 12.13 Sicomin
      • 12.14 Gurit
      • 12.15 Alpha Owens–Corning (AOC)
      • 12.16 SABIC
      • 12.17 Scott Bader Company
      • 12.18 Swancor

      13 Research Findings and Conclusion

      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.

      According to this study, over the next five years the Composite Resin market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 23700 million by 2024, from US$ 18100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Composite Resin business, shared in Chapter 3.

      This report presents a comprehensive overview, market shares, and growth opportunities of Composite Resin market by product type, application, key manufacturers and key regions and countries.

      This study considers the Composite Resin value and volume generated from the sales of the following segments:

      Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
      Epoxy Resin
      Unsaturated Polyester Resin
      Phenolic Resin
      Others
      Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
      Automotive
      Windmills
      Building & Construction
      Aerospace
      Others

      This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
      Americas
      United States
      Canada
      Mexico
      Brazil
      APAC
      China
      Japan
      Korea
      Southeast Asia
      India
      Australia
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Spain
      Middle East & Africa
      Egypt
      South Africa
      Israel
      Turkey
      GCC Countries

      The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
      Hexion
      Huntsman Corporation
      Polynt
      Olin
      Royal DSM
      Reichhold
      BASF
      Ashland
      Mitsubishi Chemical
      Sumitomo Bakelite
      Kukdo Chemical
      Hanwha Chemical
      Sicomin
      Gurit
      Alpha Owens–Corning (AOC)
      SABIC
      Scott Bader Company
      Swancor

      In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

      Research objectives
      To study and analyze the global Composite Resin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
      To understand the structure of Composite Resin market by identifying its various subsegments.
      Focuses on the key global Composite Resin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
      To analyze the Composite Resin with respect to individual growth trends, future prospects, and their contribution to the total market.
      To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
      To project the consumption of Composite Resin submarkets, with respect to key regions (along with their respective key countries).
      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.

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