Global Thermoset Composites Market 2024-2028

Thermoset Composites Market 2024-2028


The thermoset composites market is forecasted to grow by USD 17860.5 mn during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the thermoset composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for lightweight materials in automotive sector, increasing demand from developing countries, and high-performance composites replacing metals in key applications.

Technavio's thermoset composites market is segmented as below:
  • By Resin Type
  • Polyester resin
  • Epoxy resin
  • Others
  • By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the wind power capacity additions as one of the prime reasons driving the thermoset composites market growth during the next few years. Also, efforts toward making thermoset composites eco-friendly and demand for advanced high-performance composites from automobile industry will lead to sizable demand in the market.

The report on the thermoset composites market covers the following areas:
  • Thermoset Composites Market sizing
  • Thermoset Composites Market forecast
  • Thermoset Composites Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermoset composites market vendors that include Accurate Plastics, Advanced Composite Structures Australia Pty Ltd., AGY Holding Corp., C2 Composites, China Jushi Co. Ltd., Hexcel Corp., Hexion Inc., Huntsman Corp., Johns Manville Corp, Lingol Corp., Mar Bal Inc., Mitsubishi Chemical Corp., Owens Corning, PPG Industries Inc, Reliance Industries Ltd., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray Industries Inc.. Also, the thermoset composites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Resin Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Thermoset Composites Market 2018 - 2022
Historic Market Size - Data Table on Global Thermoset Composites Market 2018 - 2022 ($ million)
4.2 Resin Type segment analysis 2018 - 2022
Historic Market Size - Resin Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Resin Type
6.1 Market segments
Chart on Resin Type - Market share 2023-2028 (%)
Data Table on Resin Type - Market share 2023-2028 (%)
6.2 Comparison by Resin Type
Chart on Comparison by Resin Type
Data Table on Comparison by Resin Type
6.3 Polyester resin - Market size and forecast 2023-2028
Chart on Polyester resin - Market size and forecast 2023-2028 ($ million)
Data Table on Polyester resin - Market size and forecast 2023-2028 ($ million)
Chart on Polyester resin - Year-over-year growth 2023-2028 (%)
Data Table on Polyester resin - Year-over-year growth 2023-2028 (%)
6.4 Epoxy resin - Market size and forecast 2023-2028
Chart on Epoxy resin - Market size and forecast 2023-2028 ($ million)
Data Table on Epoxy resin - Market size and forecast 2023-2028 ($ million)
Chart on Epoxy resin - Year-over-year growth 2023-2028 (%)
Data Table on Epoxy resin - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Resin Type
Market opportunity by Resin Type ($ million)
Data Table on Market opportunity by Resin Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 China Jushi Co. Ltd.
China Jushi Co. Ltd. - Overview
China Jushi Co. Ltd. - Product / Service
China Jushi Co. Ltd. - Key offerings
11.4 Hexcel Corp.
Hexcel Corp. - Overview
Hexcel Corp. - Business segments
Hexcel Corp. - Key news
Hexcel Corp. - Key offerings
Hexcel Corp. - Segment focus
11.5 Huntsman Corp.
Huntsman Corp. - Overview
Huntsman Corp. - Business segments
Huntsman Corp. - Key news
Huntsman Corp. - Key offerings
Huntsman Corp. - Segment focus
11.6 Mitsubishi Chemical Corp.
Mitsubishi Chemical Corp. - Overview
Mitsubishi Chemical Corp. - Business segments
Mitsubishi Chemical Corp. - Key offerings
Mitsubishi Chemical Corp. - Segment focus
11.7 Owens Corning
Owens Corning - Overview
Owens Corning - Business segments
Owens Corning - Key news
Owens Corning - Key offerings
Owens Corning - Segment focus
11.8 PPG Industries Inc
PPG Industries Inc - Overview
PPG Industries Inc - Business segments
PPG Industries Inc - Key news
PPG Industries Inc - Key offerings
PPG Industries Inc - Segment focus
11.9 SGL Carbon SE
SGL Carbon SE - Overview
SGL Carbon SE - Business segments
SGL Carbon SE - Key news
SGL Carbon SE - Key offerings
SGL Carbon SE - Segment focus
11.10 Solvay SA
Solvay SA - Overview
Solvay SA - Business segments
Solvay SA - Key news
Solvay SA - Key offerings
Solvay SA - Segment focus
11.11 Teijin Ltd.
Teijin Ltd. - Overview
Teijin Ltd. - Business segments
Teijin Ltd. - Key news
Teijin Ltd. - Key offerings
Teijin Ltd. - Segment focus
11.12 Toray Industries Inc.
Toray Industries Inc. - Overview
Toray Industries Inc. - Business segments
Toray Industries Inc. - Key news
Toray Industries Inc. - Key offerings
Toray Industries Inc. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Resin Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Thermoset Composites Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Resin Type Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Resin Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Resin Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Resin Type
Exhibits33: Data Table on Comparison by Resin Type
Exhibits34: Chart on Polyester resin - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Polyester resin - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Polyester resin - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Polyester resin - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Epoxy resin - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Epoxy resin - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Epoxy resin - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Epoxy resin - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits46: Market opportunity by Resin Type ($ million)
Exhibits47: Data Table on Market opportunity by Resin Type ($ million)
Exhibits48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits51: Chart on Geographic comparison
Exhibits52: Data Table on Geographic comparison
Exhibits53: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits93: Market opportunity By Geographical Landscape ($ million)
Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits95: Impact of drivers and challenges in 2023 and 2028
Exhibits96: Overview on criticality of inputs and factors of differentiation
Exhibits97: Overview on factors of disruption
Exhibits98: Impact of key risks on business
Exhibits99: Companies covered
Exhibits100: Matrix on companies position and classification
Exhibits101: China Jushi Co. Ltd. - Overview
Exhibits102: China Jushi Co. Ltd. - Product / Service
Exhibits103: China Jushi Co. Ltd. - Key offerings
Exhibits104: Hexcel Corp. - Overview
Exhibits105: Hexcel Corp. - Business segments
Exhibits106: Hexcel Corp. - Key news
Exhibits107: Hexcel Corp. - Key offerings
Exhibits108: Hexcel Corp. - Segment focus
Exhibits109: Huntsman Corp. - Overview
Exhibits110: Huntsman Corp. - Business segments
Exhibits111: Huntsman Corp. - Key news
Exhibits112: Huntsman Corp. - Key offerings
Exhibits113: Huntsman Corp. - Segment focus
Exhibits114: Mitsubishi Chemical Corp. - Overview
Exhibits115: Mitsubishi Chemical Corp. - Business segments
Exhibits116: Mitsubishi Chemical Corp. - Key offerings
Exhibits117: Mitsubishi Chemical Corp. - Segment focus
Exhibits118: Owens Corning - Overview
Exhibits119: Owens Corning - Business segments
Exhibits120: Owens Corning - Key news
Exhibits121: Owens Corning - Key offerings
Exhibits122: Owens Corning - Segment focus
Exhibits123: PPG Industries Inc - Overview
Exhibits124: PPG Industries Inc - Business segments
Exhibits125: PPG Industries Inc - Key news
Exhibits126: PPG Industries Inc - Key offerings
Exhibits127: PPG Industries Inc - Segment focus
Exhibits128: SGL Carbon SE - Overview
Exhibits129: SGL Carbon SE - Business segments
Exhibits130: SGL Carbon SE - Key news
Exhibits131: SGL Carbon SE - Key offerings
Exhibits132: SGL Carbon SE - Segment focus
Exhibits133: Solvay SA - Overview
Exhibits134: Solvay SA - Business segments
Exhibits135: Solvay SA - Key news
Exhibits136: Solvay SA - Key offerings
Exhibits137: Solvay SA - Segment focus
Exhibits138: Teijin Ltd. - Overview
Exhibits139: Teijin Ltd. - Business segments
Exhibits140: Teijin Ltd. - Key news
Exhibits141: Teijin Ltd. - Key offerings
Exhibits142: Teijin Ltd. - Segment focus
Exhibits143: Toray Industries Inc. - Overview
Exhibits144: Toray Industries Inc. - Business segments
Exhibits145: Toray Industries Inc. - Key news
Exhibits146: Toray Industries Inc. - Key offerings
Exhibits147: Toray Industries Inc. - Segment focus
Exhibits148: Inclusions checklist
Exhibits149: Exclusions checklist
Exhibits150: Currency conversion rates for US$
Exhibits151: Research methodology
Exhibits152: Information sources
Exhibits153: Data validation
Exhibits154: Validation techniques employed for market sizing
Exhibits155: Data synthesis
Exhibits156: 360 degree market analysis
Exhibits157: List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings