Global Recyclable Thermoset Market 2023

Global Recyclable Thermoset Market 2023

Description
Recyclable thermoset refers to a type of thermosetting material that can be recycled by breaking down the polymer into useful building blocks, which can then be used again to create new products. Recyclable thermoset technology encompasses various resin types, including unsaturated polyester resin (UPR), epoxy, phenol-formaldehyde (phenolic), polyurethane, and others. These resins find applications in industries such as construction, automotive, power generation, electrical & electronics, and more.

According to the latest data, the market size of the global recyclable thermoset sector is expected to rise by USD 237.0 million with a CAGR of 6.03% by the end of 2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global recyclable thermoset market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Resin type: unsaturated polyester resin (UPR), epoxy, phenol formaldehyde (phenolic resin), polyurethane
Technology: mechanical recycling, chemical recycling, energy recovery (thermal)
End user: automotive, energy and power, construction, electrical and electronics, aerospace and defense, others
Region: North America, Europe, China, Asia-Pacific (ex. China), Rest of the World

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the resin type, technology, end user, and region. The global market for recyclable thermoset can be segmented by resin type: unsaturated polyester resin (UPR), epoxy, phenol formaldehyde (phenolic resin), polyurethane. The unsaturated polyester resin (UPR) segment captured the largest share of the market in 2022. Recyclable thermoset market is further segmented by technology: mechanical recycling, chemical recycling, energy recovery (thermal). The mechanical recycling segment held the largest share of the global recyclable thermoset market in 2022 and is anticipated to hold its share during the forecast period. Based on end user, the recyclable thermoset market is segmented into: automotive, energy and power, construction, electrical and electronics, aerospace and defense, others. In 2022, the construction segment made up the largest share of revenue generated by the recyclable thermoset market. On the basis of region, the recyclable thermoset market also can be divided into: North America, Europe, China, Asia-Pacific (ex. China), Rest of the World. Among these, Europe was accounted for the highest revenue generator in 2022.

Major Companies and Competitive Landscape
The global recyclable thermoset market report offers detailed information on several market vendors, including Adesso Advanced Materials Inc., Aditya Birla Capital Limited (ABCL), BASF SE, Mallinda Inc., Mobius Technologies GmbH, Shandong Intco Recycling Resources Co., Ltd., The Dow Chemical Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global recyclable thermoset market.
To classify and forecast the global recyclable thermoset market based on resin type, technology, end user, region.
To identify drivers and challenges for the global recyclable thermoset market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global recyclable thermoset market.
To identify and analyze the profile of leading players operating in the global recyclable thermoset market.

Why Choose This Report
Gain a reliable outlook of the global recyclable thermoset market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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