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

Fire: Global Forecast until 2020

  • February 2016
  • 132 pages
  • ID: 3627695
In this report:
The lay-up manufacturing process is expected to register the highest CAGR of ##.##% between 2015 and 2020 to reach a market size of ##.## kiloton by 2020.
Whereas, in terms of volume, the FST composite resins market in North America is expected to register the highest CAGR of ##.##% between 2015 and 2020, to reach ##.## kilotons by 2020.


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"Growing demand for Fire, Smoke, Toxicity Retardant Composite Resin from rail and aircraft interior applications to drive the FST composite resin market"

The overall FST composite resin market is estimated to grow about $835.20M by 2020, recording a compound annual growth rate (CAGR) of 8.50 percent from 2015 to 2020. The main drivers fueling the rise of the FST composite resin market are growing use of FST composite resin in interior application of rail and aircraft so as to meet stringent public safety regulations imposed by several regulatory authorities.

"Aerospace & defense is the quickest-increasing application for the FST composite resin market."

The FST composite resin in aerospace & defense application is also expected to witness the more important rise rate, due to the rising penetration of composites into interior of commercial aircrafts, including the Gulfstream Aerospace G650, Boeing B787, Airbus A320, and Airbus A350 XWB. FST composite resins including 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 and EASA along high demand of FST composite resin from transportation and aerospace & defense applications, are driving the overall FST composite resin market.

"North America continent is the quickest increasing market for FST composite resin."

North America (NA) is the quickest developing market for FST composite resin, in terms of value importance and quantity. High economic increase rate, increasing manufacturing sectors, and new industry product developments by different leading actors are few factors leading to the increase of the market for FST composite resin in this area. The U.S.A controls the sector for FST composite resin in North America continent. 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 industry demand for FST composite resin in aerospace & defense is high due to the presence of biggest aircraft manufacturer Boeing in the area.

This analysis has been approved through primaries managed with different market experts, globally. Those primary sources have been split into three class: by company category, by description, and by area.

- By type of company- tier 1 24.0 percent, Tier 2 32.0 percent, and Tier 3 44.0 percent

- By designation- C Level- 35.0 percent, Director Level- 20.0 percent, and Others- 45.0 percent

- By region- North america (NA)- 25%, EU- 30.0 percent, Asia-pac- 40%, and RoW -5.0 percent

Why acquiring this study can help you

This study will help the industry leaders (and new entrants) in the following aspects:

1. This document breaks down the FST composite resin market comprehensively and offers the best approximations of the revenue data for the global market and the subsegments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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