1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends

Fire, Smoke, and Toxicity Retardant Composite Resin Market by Resin Type, by Composite Manufacturing Process, by Application, and by Region - Global Forecast to 2020

  • February 2016
  • 132 pages
  • MarketsandMarkets
Report ID: 3627695

Summary

Table of Contents

Search Inside

“Increasing demand for Fire, Smoke, Toxicity Retardant (FST) Composite Resin from rail and aircraft interior applications to drive the FST composite resin market”
The global FST composite resin market is projected to reach about USD 835.2 million by 2020, registering a CAGR of 8.5% between 2015 and 2020. The major drivers fueling the growth of the FST composite resin market are increasing use of FST composite resin in interior application of rail and aircraft so as to meet stringent public safety regulations imposed by various regulatory authorities.

“Aerospace & defense is the fastest-growing application for the FST composite resin market.”
The FST composite resin in aerospace & defense application is also projected to witness the highest growth rate, due to the increasing penetration of composites into interior of commercial aircrafts, such as the Gulfstream Aerospace G650, Boeing B787, Airbus A320, and Airbus A350 XWB. FST composite resins such as thermoset and thermoplastic, which are used as a matrix in composites, offer improved performance properties including safety that make the composites viable in such applications. The stringent safety regulations mandated by Federal Aviation Regulations (FAR) and EASA (European Aviation Safety Agency) coupled with high demand of FST composite resin from transportation and aerospace & defense applications, are driving the global FST composite resin market.

“North America is the fastest-growing market for FST composite resin.”
North America is the fastest-growing market for FST composite resin, in terms of value and volume. High economic growth rate, growing manufacturing industries, and new product developments by various leading players are few factors leading to the growth of the market for FST composite resin in this region. The U.S. dominates the market for FST composite resin in North America. Stringent safety regulations in this region especially in the U.S. drive the FST composite resin market in the transportation and aerospace & defense applications. Also, the demand for FST composite resin in aerospace & defense is high owing to the presence of largest aircraft manufacturer Boeing in the country.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided in three categories: by company type, by designation, and by region.

- By company type- Tier 1- 24%, Tier 2- 32%, and Tier 3- 44%
- By designation- C Level- 35%, Director Level- 20%, and Others- 45%
- By region- North America- 25%, Europe- 30%, Asia-Pacific- 40%, and RoW -5%

The report also provides company profiles and competitive strategies adopted by the major market players; the various key players profiled in the report are as follows:

- Ashland Inc. (the U.S.)
- BASF SE (Germany)
- BUFA Composite Systems GmbH & Co. KG (Germany)
- Hexion Inc. (the U.S.)
- Huntsman Corporation (the U.S.)
- Mader Composites (France)
- NORD Composites (France)
- Polynt SPA (Italy)
- Reichhold LLC (the U.S.)
- SABIC (Saudi Arabia)
- Scott Bader Company Limited (U.K.)

Reasons to buy the Report
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the FST composite resin market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Isoprene Market by Type, Application, End-Use Industry, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The isoprene market is expected to grow at a CAGR of 7.4% during forecast period” The isoprene market is projected to reach USD 2.96 billion by 2021, at a CAGR of 7.4% from 2016 to 2021. Isoprene ...

Aerospace Coatings Market by Resin Type (Polyurethanes, Epoxy), Technology (Liquid, Powder), User Type (MRO, OEM), End User (Commercial, Military, General Aviation), Application (Exterior, Interior), and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The aerospace coatings market is projected to grow at a CAGR of 6.90% between 2017 and 2022.” The aerospace coatings market is projected to reach USD 1.98 billion by 2022, at a CAGR of 6.90% between ...

FRP Bridge Market by Fiber Type (Glass Fiber, Carbon Fiber), Resin (Vinylester, Polyester), Manufacturing Process (Pultrusion, Hand Lay-Up), Application (Deck, Girders, Rebars), Bridge Type (Vehicular, Pedestrian), Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The FRP bridge market is projected to grow at a CAGR of 6.40% from 2016 to 2021, in terms of value” The report concentrates on the utilization of various FRP materials used in the manufacturing of ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.