Asia-Pacific Recyclable Thermoset Market - Analysis and Forecast, 2022-2031

Asia-Pacific Recyclable Thermoset Market - Analysis and Forecast, 2022-2031


Introduction to Asia-Pacific (APAC) Recyclable Thermoset Market

The Asia-Pacific recyclable thermoset market (excluding China) is projected to reach $176.9 million by 2031 from $97.6 million in 2022, growing at a CAGR of 6.84% during the forecast period 2022-2031. In the upcoming years, it is anticipated that the recyclable thermoset market in Asia Pacific will expand rapidly. This is because thermoset recycling technologies are becoming more widely used and there is a growing demand for recycled thermoset materials. The introduction of laws encouraging plastic recycling in different nations is also anticipated to propel the market.

Market Introduction

The APAC recyclable thermoset market is expected to rise significantly in the upcoming years because of the growing demand for environmentally friendly substitutes for conventional plastics, improvements in recycling technology, and favorable regulatory environments. Recyclable thermosets are expected to become increasingly popular as environmental concerns grow and people seek eco-friendly products, opening the door to a more sustainable future.

Market Segmentation

Segmentation 1: by Application

Automotive
Energy and Power
Construction
Electrical and Electronics
Aerospace and Defense
Others

Segmentation 2: by Resin Type

Unsaturated Polyester Resin (UPR)
Epoxy
Phenol Formaldehyde (Phenolic Resin)
Polyurethane
Others

Segmentation 3: by Technology

Mechanical Recycling
Chemical Recycling
Energy Recovery (Thermal)

Segmentation 4: by Country

Japan
South Korea
India
Rest-of-Asia Pacific

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different resin types of recyclable thermosets available and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different recyclable thermoset applications such as construction, automotive, energy and power, electrical and electronics, aerospace and defense, and others.

Growth/Marketing Strategy: Business expansions, partnerships, acquisitions, collaborations, and joint ventures are some key strategies adopted by key players operating in the space.

Competitive Strategy: Key players in the Asia-Pacific recyclable thermoset market analyzed and profiled in the study involve recyclable thermoset providers. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific recyclable thermoset market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

Aditya Birla Chemicals
EcoActiv Pty Ltd

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1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Rising Focus on Sustainability in Wind Energy Sector
1.1.1.2 Change in Business Models of Companies due to Climate Action
1.1.2 Value Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Recyclable Thermoset Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Advancement in Thermoset Recycling Technologies Globally
1.2.1.2 Regulations Promoting Plastic Recycling in Various Countries
1.2.1.3 Investments and Collaboration in Plastic Recycling Industry
1.2.2 Business Challenges
1.2.2.1 Complex Process of Thermoset Recycling
1.2.2.2 Lack of Proper Infrastructure for Hard-to-Recycle Products
1.2.3 Business Opportunities
1.2.3.1 Replacing Virgin Materials with Recyclable Thermoset and Venturing into New End-User Applications
1.2.3.2 Increasing Focus on Sustainability and Bio-Based Renewable Materials
1.2.4 Business Strategies
1.2.4.1 Product Developments
1.2.4.2 Market Developments
1.2.5 Corporate Strategies
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
1.4 Porter’s Five Forces Analysis
1.4.1 Bargaining Power of Buyers
1.4.2 Bargaining Power of Suppliers
1.4.3 Threat of New Entrants
1.4.4 Threat of Substitutes
1.4.5 Competitive Rivalry among Existing Firms
1.5 New Policies for Recycling
1.5.1 New Policies and Regulations, by Country
1.6 Comparative Analysis of Technologies
1.7 Product Life Cycle Analysis for Major Applications
2 Region
2.1.1 Application
2.1.1.1 Recyclable Thermoset Market (by Application), Volume and Value Data
2.1.2 Product
2.1.2.1 Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.1.2.2 Recyclable Thermoset Market (by Technology), Volume and Value Data
2.1.3 Recyclable Thermoset Market (by Region), Volume and Value Data
2.2 China
2.2.1 Market
2.2.1.1 Potential Buyers
2.2.1.2 Key Manufacturers/Suppliers in China
2.2.1.3 Business Challenges
2.2.1.4 Business Drivers
2.2.2 Application
2.2.2.1 China Recyclable Thermoset Market (by Application), Volume and Value Data
2.2.3 Product
2.2.3.1 China Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.2.3.2 China Recyclable Thermoset Market (by Technology), Volume and Value Data
2.3 Asia-Pacific and Japan
2.3.1 Market
2.3.1.1 Key Manufacturers/Suppliers in Asia-Pacific and Japan
2.3.1.2 Business Challenges
2.3.1.3 Business Drivers
2.3.2 Application
2.3.2.1 Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Volume and Value Data
2.3.3 Product
2.3.3.1 Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.3.3.2 Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Volume and Value Data
2.3.4 Asia-Pacific and Japan (by Country)
2.3.4.1 Japan
2.3.4.1.1 Market
2.3.4.1.1.1 Potential Buyers
2.3.4.1.1.2 Key Manufacturers/Suppliers in Japan
2.3.4.1.1.3 Business Challenges
2.3.4.1.1.4 Business Drivers
2.3.4.1.2 Application
2.3.4.1.2.1 Japan Recyclable Thermoset Market (by Application), Volume and Value Data
2.3.4.1.3 Product
2.3.4.1.3.1 Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.3.4.1.3.2 Japan Recyclable Thermoset Market (by Technology), Volume and Value Data
2.3.4.2 South Korea
2.3.4.2.1 Market
2.3.4.2.1.1 Potential Buyers
2.3.4.2.1.2 Key Manufacturers/Suppliers in South Korea
2.3.4.2.1.3 Business Challenges
2.3.4.2.1.4 Business Drivers
2.3.4.2.2 Application
2.3.4.2.2.1 South Korea Recyclable Thermoset Market (by Application), Volume and Value Data
2.3.4.2.3 Product
2.3.4.2.3.1 South Korea Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.3.4.2.3.2 South Korea Recyclable Thermoset Market (by Technology), Volume and Value Data
2.3.4.3 India
2.3.4.3.1 Market
2.3.4.3.1.1 Potential Buyers
2.3.4.3.1.2 Key Manufacturers/Suppliers in India
2.3.4.3.1.3 Business Challenges
2.3.4.3.1.4 Business Drivers
2.3.4.3.2 Application
2.3.4.3.2.1 India Recyclable Thermoset Market (by Application), Volume and Value Data
2.3.4.3.3 Product
2.3.4.3.3.1 India Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.3.4.3.3.2 India Recyclable Thermoset Market (by Technology), Volume and Value Data
2.3.4.4 Rest-of-Asia-Pacific and Japan
2.3.4.4.1 Market
2.3.4.4.1.1 Potential Buyers
2.3.4.4.1.2 Key Manufacturers/Suppliers in Rest-of-Asia-Pacific and Japan
2.3.4.4.1.3 Business Challenges
2.3.4.4.1.4 Business Drivers
2.3.4.4.2 Application
2.3.4.4.2.1 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Volume and Value Data
2.3.4.4.3 Product
2.3.4.4.3.1 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Volume and Value Data
2.3.4.4.3.2 Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Volume and Value Data
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Competitive Benchmarking
3.1.1 Competitive Position Matrix
3.1.2 Product Services Offered by Key Companies
3.1.3 Market Share Analysis of Key Companies
3.2 Company Profiles
3.2.1 Aditya Birla Chemicals
3.2.1.1 Company Overview
3.2.1.2 Role of Aditya Birla Chemicals in the Recyclable Thermoset Market
3.2.1.2.1 Product Portfolio
3.2.1.3 Business Strategies
3.2.1.3.1 Market Development
3.2.1.4 Corporate Strategies
3.2.1.4.1 Partnerships, Collaborations, Acquisitions, and Joint Ventures
3.2.1.5 Analyst View
3.2.2 Sample Company
3.2.2.1 Overview
3.2.2.2 Top Products / Product Portfolio
3.2.2.3 Top Competitors
3.2.2.4 Target Customers
3.2.2.5 Key Personnel
3.2.2.6 Analyst View
3.2.2.7 Market Share
3.2.3 Sample Company
3.2.3.1 Overview
3.2.3.2 Top Products / Product Portfolio
3.2.3.3 Top Competitors
3.2.3.4 Target Customers
3.2.3.5 Key Personnel
3.2.3.6 Analyst View
3.2.3.7 Market Share
3.2.4 Sample Company
3.2.4.1 Overview
3.2.4.2 Top Products / Product Portfolio
3.2.4.3 Top Competitors
3.2.4.4 Target Customers
3.2.4.5 Key Personnel
3.2.4.6 Analyst View
3.2.4.7 Market Share
3.2.5 Sample Company
3.2.5.1 Overview
3.2.5.2 Top Products / Product Portfolio
3.2.5.3 Top Competitors
3.2.5.4 Target Customers
3.2.5.5 Key Personnel
3.2.5.6 Analyst View
3.2.5.7 Market Share
3.2.6 Sample Company
3.2.6.1 Overview
3.2.6.2 Top Products / Product Portfolio
3.2.6.3 Top Competitors
3.2.6.4 Target Customers
3.2.6.5 Key Personnel
3.2.6.6 Analyst View
3.2.6.7 Market Share
3.2.7 Sample Company
3.2.7.1 Overview
3.2.7.2 Top Products / Product Portfolio
3.2.7.3 Top Competitors
3.2.7.4 Target Customers
3.2.7.5 Key Personnel
3.2.7.6 Analyst View
3.2.7.7 Market Share
3.2.8 Sample Company
3.2.8.1 Overview
3.2.8.2 Top Products / Product Portfolio
3.2.8.3 Top Competitors
3.2.8.4 Target Customers
3.2.8.5 Key Personnel
3.2.8.6 Analyst View
3.2.8.7 Market Share
3.2.9 Sample Company
3.2.9.1 Overview
3.2.9.2 Top Products / Product Portfolio
3.2.9.3 Top Competitors
3.2.9.4 Target Customers
3.2.9.5 Key Personnel
3.2.9.6 Analyst View
3.2.9.7 Market Share
3.2.10 Sample Company
3.2.10.1 Overview
3.2.10.2 Top Products / Product Portfolio
3.2.10.3 Top Competitors
3.2.10.4 Target Customers
3.2.10.5 Key Personnel
3.2.10.6 Analyst View
3.2.10.7 Market Share
4 Research Methodology
4.1 Primary Data Sources
4.2 Secondary Data Sources
4.3 Top-Down and Bottom-Up Approach
4.4 Assumptions and Limitations
List of Figures
Figure 1: Recyclable Thermoset Market, $Million, 2021-2031
Figure 2: Recyclable Thermoset Market (by Application), $Million, 2021 and 2031
Figure 3: Recyclable Thermoset Market (by Resin Type), $Million, 2021 and 2031
Figure 4: Recyclable Thermoset Market (by Technology), $Million, 2021 and 2031
Figure 5: Recyclable Thermoset Market (by Region), $Million, 2021 and 2031
Figure 6: Wind Power Generation (by Year), 2010, 2020, and 2030
Figure 7: Value Chain for Virgin Thermoset
Figure 8: Value Chain for Thermoset Recycling
Figure 9: Value Addition for Recyclable Thermoset Value Chain
Figure 10: Impact of COVID-19 on Automotive Production and its Recovery, 2020 and 2021
Figure 11: Market Dynamics
Figure 12: Major Development in the Recyclable Thermoset Market
Figure 13: Share of Key Market Strategies and Developments, January 2019-December 2022
Figure 14: Share of Developments (by Company), January 2019-December 2022
Figure 15: Porter’s Five Forces Analysis for Recyclable Thermoset Market
Figure 16: Comparative Analysis of Technologies in the Recyclable Thermoset Market
Figure 17: Product Life Cycle (PLC) Analysis for Major Applications of Recyclable Thermosets
Figure 18: Recyclable Thermoset Market, 2021-2031
Figure 19: Recyclable Thermoset Market Volume (by Region), 2021 and 2031
Figure 20: Recyclable Thermoset Market Value (by Region), 2021 and 2031
Figure 21: China Recyclable Thermoset Market, 2021-2031
Figure 22: Asia-Pacific and Japan Recyclable Thermoset Market, 2021-2031
Figure 23: Asia-Pacific and Japan Recyclable Thermoset Market Volume, by Country (2021 and 2031)
Figure 24: Asia-Pacific and Japan Recyclable Thermoset Market Value, by Country (2021 and 2031)
Figure 25: Market Share of Key Companies
Figure 26: Research Methodology
Figure 27: Top-Down and Bottom-Up Approach
Figure 28: Influencing Factors of the Recyclable Thermoset Market
Figure 29: Assumptions and Limitations
List of Tables
Table 1: Recyclable Thermoset Market Snapshot, $Million, 2021 and 2031
Table 2: List of Programs by Research Institutions and Universities
Table 3: Key Product Developments, January 2019-December 2022
Table 4: Key Product Developments, January 2019-December 2022
Table 5: Key Product Developments, January 2019-December 2022
Table 6: Key Factors Determining Bargaining Power of Buyers in the Recyclable Thermoset Market
Table 7: Key Factors Determining Bargaining Power of Suppliers in the Recyclable Thermoset Market
Table 8: Key Factors Determining Threat of New Entrants in the Recyclable Thermoset Market
Table 9: Key Factors Determining Threat of Substitutes in the Recyclable Thermoset Market
Table 10: Key Factors Determining Intensity of Competitive Rivalry in the Recyclable Thermoset Market
Table 11: Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 12: Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 13: Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 14: Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 15: Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 16: Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 17: Recyclable Thermoset Market (by Region), Kilo Tons, 2021-2031
Table 18: Recyclable Thermoset Market (by Region), $Million, 2021-2031
Table 19: China Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 20: China Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 21: China Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 22: China Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 23: China Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 24: China Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 25: Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 26: Asia-Pacific and Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 27: Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 28: Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 29: Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 30: Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 31: Asia-Pacific and Japan Recyclable Thermoset Market (by Country), Kilo Tons, 2021-2031
Table 32: Asia-Pacific and Japan Recyclable Thermoset Market (by Country), $Million, 2021-2031
Table 33: Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 34: Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 35: Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 36: Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 37: Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 38: Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 39: South Korea Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 40: South Korea Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 41: South Korea Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 42: South Korea Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 43: South Korea Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 44: South Korea Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 45: India Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 46: India Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 47: India Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 48: India Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 49: India Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 50: India Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 51: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), Kilo Tons, 2021-2031
Table 52: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Application), $Million, 2021-2031
Table 53: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), Kilo Tons, 2021-2031
Table 54: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Resin Type), $Million, 2021-2031
Table 55: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), Kilo Tons, 2021-2031
Table 56: Rest-of-Asia-Pacific and Japan Recyclable Thermoset Market (by Technology), $Million, 2021-2031
Table 57: Product Services Offered by Key Companies

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