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Cyanate Ester Resin Market Report: Trends, Forecast and Competitive Analysis

Cyanate Ester Resin Market Report: Trends, Forecast and Competitive Analysis

  • July 2020
  • 210 pages
  • ID: 5606232
  • Format: PDF
  • Lucintel

Summary

Table of Contents

Trends, opportunities and forecast in cyanate ester resin market to 2025 by product type (bisphenol-based cyanate ester and novolac-based cyanate ester), end use industry (aerospace & defense, electrical & electronics, automotive, marine, and others), application (printed circuit boards, radomes, aerospace engine & structural parts, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

The future of the cyanate ester resin market looks promising with opportunities in the aerospace & defense, electrical and electronics, automotive, and marine industries. The global cyanate ester resin market is expected to grow with a CAGR of 4% to 6% from 2020 to 2025. The major growth drivers for this market are increasing demands for cyanate ester in high performance PCB and growth in the aerospace & defense industry.

Emerging trends, which have a direct impact on the dynamics of the cyanate ester resin industry, include development of ultra-high temperature resistant (Tg 400ºC) cyanate ester resin with excellent mechanical properties and increasing demand for cyanate ester resin in optical devices & high performance powder coating.

In this market, aerospace engine & structural parts is the largest market by application, whereas aerospace & defense is largest in end use. Growth in various segments of thecyanate ester resin market are given below:
Cyanate Ester Resin Market by Segments

The study includes the cyanate ester resin market size and forecast for the global cyanate ester resin market through 2025, segmented by application, end use industry, product type, and region as follows:

Cyanate Ester Resin Market by Application [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Printed Circuit Boards
• Radomes
• Aerospace Engine & Structural Parts
• Others

Cyanate Ester Resin Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Aerospace & Defense
• Electrical & Electronics
• Automotive
• Marine
• Others

Cyanate Ester Resin Market by Product Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Bisphenol-based Cyanate Ester Resin
• Novolac-based Cyanate Ester Resin

Cyanate Ester Resin Market by Region [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• North America
• US
• Canada
• Mexico
• Europe
• France
• The United Kingdom
• Switzerland
• Italy
• Asia Pacific
• China
• South Korea
• Taiwan
• Japan
• India
• The Rest of the World
• Central & South America
• Middle East & Africa

Some of the cyanate ester resin companies profiled in this report include Huntsman, Lonza, MGC, Tencate, Quingdao Fundchem and others.

The analyst forecasts that printed circuit boards will remain the largest application due to increasing demand for high performance PCBs in communication, defense, aerospace, and marine industries. The analyst predicts that the cyanate ester resin for aerospace engines & structural parts application is expected to witness the highest growth over the forecast period supported by growth in the aerospace & defense and space industry.

Within the cyanate ester resin market, aerospace & defense is expected to remain the largest end use industry and also witness the highest growth in the forecast period due to growing demand for cyanate ester based composite parts.

North America is expected to remain the largest region due to increasing demand for cyanate ester based composites in the various end use industries, such as aerospace & defense, electrical & electronics, and marine. The analyst predicts that Asia Pacific is expected to witness the highest growth over the forecast period due to increasing production of high performance PCB.

Some of the features of this report:

• Market size estimates: Global cyanate ester resin market size estimation in terms of value ($M) and volume (M lbs.) shipment.
• Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, and end use industry.
• Segmentation analysis: Global cyanate ester resin market size by various applications such as application, end use industry, and product in terms of value and volume shipment.
• Regional analysis: Global cyanate ester resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different applications and regions for cyanate ester resin in the global cyanate ester resin market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape for cyanate ester resin in the global cyanate ester resin market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global cyanate ester resin market by product type (bisphenol-based cyanate ester and novolac-based cyanate ester), end use industry (aerospace & defense, electrical & electronics, automotive, marine, and others), application (printed circuit boards, radomes, aerospace engine & structural parts, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the cyanate ester resin market?
Q.5 What are the business risks and threats to the cyanate ester resin market?
Q.6 What are the emerging trends in this cyanate ester resin market and the reasons behind them?
Q.7 What are the changing demands of customers in the cyanate ester resin market?
Q.8 What are the new developments in the cyanate ester resin market? Which companies are leading these developments?
Q.9 Who are the major players in this cyanate ester resin market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this cyanate ester resin area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this cyanate ester resin market?

Report Scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 210
Market Representation / Units Revenue in US $ Billion and Volume M Ibs
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling

Market Segments By product type (bisphenol-based cyanate ester and novolac-based cyanate ester), end use industry (aerospace & defense, electrical & electronics, automotive, marine, and others), application (printed circuit boards, radomes, aerospace engine & structural parts, and others)

Regional Scope North America (The United States, Canada, and Mexico), Europe (France, the UK, Switzerland, and Italy), Asia Pacific (China, South Korea, Taiwan, Japan, and India), and RoW (Central & South America and Middle East & Africa)
Customization 10% Customization Without any Additional Cost

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