Global Recyclable Thermosets Market Growth 2023-2029

Global Recyclable Thermosets Market Growth 2023-2029

A thermoset, also called a thermosetting plastic, is a plastic that is irreversibly cured from a soft solid or viscous liquid, prepolymer or resin. The process of curing changes the resin into an infusible, insoluble polymer network, and is induced by the action of heat or suitable radiation often under high pressure, or by mixing with a catalyst.Thermoset resins are usually malleable or liquid prior to curing, and are often designed to be molded into their final shape, or used as adhesives. Others are solids like that of the molding compound used in semiconductors and integrated circuits. Once hardened a thermoset resin cannot be reheated and melted to be shaped differently.

LPI (LP Information)' newest research report, the “Recyclable Thermosets Industry Forecast” looks at past sales and reviews total world Recyclable Thermosets sales in 2022, providing a comprehensive analysis by region and market sector of projected Recyclable Thermosets sales for 2023 through 2029. With Recyclable Thermosets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recyclable Thermosets industry.

This Insight Report provides a comprehensive analysis of the global Recyclable Thermosets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recyclable Thermosets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recyclable Thermosets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recyclable Thermosets and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recyclable Thermosets.

The global Recyclable Thermosets market size is projected to grow from US$ 15940 million in 2022 to US$ 18410 million in 2029; it is expected to grow at a CAGR of 18410 from 2023 to 2029.

Increasing awareness towards minimising dependency on fossil fuels for thermoplastics is likely to drive the market over the forecast period. This technology also provides opportunities to curb carbon emissions and reduce the quantities of waste required for disposal. It can prevent the accumulating of substantial quantities of discarded plastics as debris in natural habitats and landfills. Recyclable thermosets market price trend should also play a prominent role in industry dynamics. Technical advancement, rising awareness regarding environmental protection, tax incentives and regulations are another factor to drive the market. North America maintains its position over the forecast period. Asia-Pacific is also witnessed to have higher growth. Europe is expected to dominate the market owing to existence of leading manufacturer of automobiles and parts.

This report presents a comprehensive overview, market shares, and growth opportunities of Recyclable Thermosets market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mechanical Recycling
Energy Recycling
Feedstock Recycling

Segmentation by application
Construction
Automotive
Power Generation
Electrical & Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adesso Advanced Materials
Connora Technologies
Demacq Recycling Composiet
Fraunhofer
GAIKER-IK4
INTCO Recycling
Mallinda
MCR Mixt Composites Recyclables
Northstar Recycling

Key Questions Addressed in this Report

What is the 10-year outlook for the global Recyclable Thermosets market?

What factors are driving Recyclable Thermosets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Recyclable Thermosets market opportunities vary by end market size?

How does Recyclable Thermosets break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.