High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026
The global high temperature resin market is estimated to be valued at USD 3.16 Billion in 2016, and is projected to reach USD 4.88 Billion by 2026, at a CAGR of 4.44% from 2016 to 2026.
Browse 112 market data tables and 54 figures spread through 162 pages and in-depth TOC on“High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026”
The two key players in the global high temperature resin market are Solvay S.A. (Belgium), and Henkel AG & Co., KGaA (Germany). These two players adopted various strategies to expand their reach in the high temperature resin market. Solvay S.A. (Belgium) preferred new product launch as its major strategy to strengthen its position in the market. In August 2016, Solvay added three Ryton polyphenylene sulfide products to its portfolio for food & beverage applications. The newly introduced products are Ryton R-4-242, R-7-232 PPS, and Ryton R-4-232 PPS. Similarly, in May 2014, Solvay Specialty Polymers launched new high stiffness grade KetaSpire PEEK. These new products have found applications in the automotive & transportation, electronics, semiconductor, and oil & gas industries. Solvay S.A.’s core competency is its broad product portfolio, which has enabled the company to build a balanced revenue stream for sustainable growth.
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Henkel AG & Co. KGaA is a global market leader in the adhesives business. The company has a strong global position and is expected to retain its market share in the near future by pursuing strategies such as joint ventures and new product launches to cater to the changing customer requirements. To keep up with the on-going trend of developing products that reduce volatile organic compounds (VOCs) and toxicity, the company has introduced solvent-free assembly adhesives with improved performances. In October 2014, Henkel launched a new product, the Loctite Benzoxazine (BZ) composites family, which includes prepregs, infusion resins, film adhesives, and tooling materials. The major application of this new product series is found in the aerospace & defense industry. Similarly in September 2013, Henkel launched Loctite MAX 3, a polyurethane matrix resin with application in the automotive & transportation industry.
Key companies such as Solvay S.A. (Belgium), Huntsman Corporation (U.S.), E. I. du Pont de Nemours and Company (U.S.), Hexion Inc. (U.S.), Mitsui Chemicals Inc. (Japan), DIC Corporation (Japan), Henkel AG & Co., KGaA (Germany), Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Royal Tencate N.V. (Netherlands), and BASF SE (Germany) are profiled in this report.