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Cyanate Ester Resins Market Size, Share & Analysis, By Product Type, By Application, And By End-Use Industries, And By Region, Global Forecast to 2028

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    Report

  • 265 Pages
  • April 2021
  • Region: Global
  • Reports and Data
  • ID: 5313905
Rising pollution levels, and need for steps to curb carbon footprint and other pollutants from automobiles are key factors driving market revenue growth.

Market Size - USD 266.3 Million in 2020, Market Growth - CAGR of 11%, Market Trends - Increasing investments by major manufacturers in increasing production capacity to cater to international demand for cyanate ester resins.

The global cyanate ester resins market size is expected to reach USD 616.2 Million in 2028, and register a CAGR of 11% during the forecast period. Increasing use of bisphenol- or novolac-derived cyanate esters for production of resins, which are in high demand from various end-use industries including aerospace, automotive, and electronics is a major factor expected to drive market growth.

Stringent government regulations regarding reducing fuel consumption and lowering carbon footprint is expected to result in increasing adoption of the product, which can help lower VOC emissions releasing from automobiles. This is another major factor expected to boost growth of the global cyanate ester resins market.

High costs of manufacturing these products, and rising concerns related to recyclability of these resins are factors that could hamper market growth to a certain extent.

Some Key Findings From the Report:
  • Among the product type segments, the bisphenol-based segment accounted for the largest revenue share in the global market in 2020.
  • The novolac-based cyanate ester resin segment is expected to register the highest revenue growth rate during the forecast period. These novolac-based products are lightweight and offer excellent thermal performance. Novolac-based cyanate esters resins have extensive applications in microelectronics where these are used as photoresist materials.
  • Among the application segments, the composites segment accounted for the largest revenue share in 2020. The adhesives segment is expected to register a robust revenue CAGR during the forecast period.
  • Among the end-use industry segments, the electrical & electronics segment is expected to register a robust revenue CAGR during the forecast period.
  • Asia Pacific market accounted for the largest revenue share in 2020, due to presence of large number of chemical companies in countries in the region.
  • The North America market accounted for significantly large revenue share in 2020, and is expected to continue to with its dominance over the forecast period.
  • Companies profiled in the market report include Argosy International, Novoset, Tencate Advanced Composites, Hexcel Corporation, Cytec Solvay Group, Henkel, Huntsman Corporation, Lonza, Koninklijke Ten Cate BV., and Mitsubishi Gas Chemical Company, Inc. among others. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.

For the purpose of this report, the global cyanate ester resins market has been segmented based on product type, application, end-use industry, and region:

Product Type Outlook
  • Bisphenol-based
  • Novolac-based

Application Outlook
  • Composites
  • Adhesives
  • Others

End-Use Industry Outlook
  • Aerospace & Defense
  • Automotive
  • Electrical & Electronics
  • Others

Region Outlook
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa

Reasons to Buy the Report
  • A robust analysis and estimation of the Cyanate Ester Resins Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Cyanate Ester Resins Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Table of Contents

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 - 2028
Chapter 3. Indicative Metrics
Chapter 4. Cyanate Ester Resins Market Segmentation & Impact Analysis
4.1. Cyanate Ester Resins Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for high-temperature resins in the aerospace & defense industry
4.2.2.2. Excellent mechanical properties of cyanate ester resin
4.2.3. Market restraints analysis
4.2.3.1. High processing and manufacturing cost
4.2.3.2. Issues related to recyclability
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Cyanate Ester Resins By Product Type Insights & Trends
5.1. Product Type Dynamics & Market Share, 2021 & 2028
5.2. Bisphenol-Based
5.2.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
5.2.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
5.3. Novolac-Based
5.3.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
5.3.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
Chapter 6. Cyanate Ester Resins By Application Type Insights & Trends
6.1. Application Type Dynamics & Market Share, 2021 & 2028
6.2. Composites
6.2.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
6.2.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
6.3. Adhesives
6.3.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
6.3.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
6.4. Others
6.4.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
6.4.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
Chapter 7. Cyanate Ester Resins By End-Use Industry Insights & Trends
7.1. End-Use Industry Dynamics & Market Share, 2021 & 2028
7.2. Aerospace & Defense
7.2.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
7.2.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
7.3. Automotive
7.3.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
7.3.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
7.4. Electrical & Electronics
7.4.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
7.4.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
7.5. Others
7.5.1. Market estimates and forecast, 2018 - 2028 (Kilo Tons) (USD Million)
7.5.2. Market estimates and forecast, By Region, 2018 - 2028 (Kilo Tons) (USD Million)
Chapter 8. Cyanate Ester Resins Market Regional Outlook
8.1. Cyanate Ester Resins Market share By Region, 2021 & 2028
8.2. North America
8.2.1. North America Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.2. North America Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.3. North America Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.4. North America Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.5. U.S.
8.2.5.1. U.S. Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.5.2. U.S. Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.5.3. U.S. Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.2.5.4. U.S. Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.3. Europe
8.3.1. Europe Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.2. Europe Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.3. Europe Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.4. Europe Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.5. U.K.
8.3.5.1. U.K. Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.5.2. U.K. Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.5.3. U.K. Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.5.4. U.K. Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.6. France
8.3.6.1. France Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.6.2. France Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.6.3. France Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.3.6.4. France Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.4. Asia-Pacific
8.4.1. Asia-Pacific Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.2. Asia Pacific Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.3. Asia Pacific Cyanate Ester Resins Market estimates and forecast by Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.4. Asia Pacific Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.5. China
8.4.5.1. China Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.5.2. China Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.5.3. China Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.5.4. China Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.6. India
8.4.6.1. India Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.6.2. India Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.6.3. India Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.6.4. India Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.7. Japan
8.4.7.1. Japan Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.7.2. Japan Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.7.3. Japan Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.4.7.4. Japan Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.5. Middle East and Africa
8.5.1. Middle East and Africa Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.5.2. Middle East and Africa Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.5.3. Middle East and Africa Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.5.4. Middle East and Africa Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
8.6. Latin America
8.6.1. Latin America Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.2. Latin America Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.3. Latin America Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.4. Latin America Cyanate Ester Resins Market estimates and forecast by End-Use Industriries, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.5. Brazil
8.6.5.1. Brazil Cyanate Ester Resins Market estimates and forecast, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.5.2. Brazil Cyanate Ester Resins Market estimates and forecast By Product Type, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.5.3. Brazil Cyanate Ester Resins Market estimates and forecast By Application, 2018 - 2028, (Kilo Tons) (USD Million)
8.6.5.4. Brazil Cyanate Ester Resins Market estimates and forecast by End-Use Industries, 2018 - 2028, (Kilo Tons) (USD Million)
Chapter 9. Competitive Landscape
9.1. Market Revenue Share By Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape
Chapter 10. Company Profiles
10.1. Argosy International
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Technology Insights
10.1.4. Strategic Initiatives
10.2. Novoset
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Technology Insights
10.2.4. Strategic Initiatives
10.3. Tencate Advanced Composites
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Technology Insights
10.3.4. Strategic Initiatives
10.4. Hexcel Corporation
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Technology Insights
10.4.4. Strategic Initiatives
10.5. Cytec Solvay Group
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Technology Insights
10.5.4. Strategic Initiatives
10.6. Henkel
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Technology Insights
10.6.4. Strategic Initiatives
10.7. Huntsman Corporation
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Technology Insights
10.7.4. Strategic Initiatives
10.8. Lonza
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Technology Insights
10.8.4. Strategic Initiatives
10.9. Koninklijke Ten Cate BV.
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Technology Insights
10.9.4. Strategic Initiatives
10.10. MITSUBISHI GAS CHEMICAL COMPANY, INC.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Technology Insights
10.10.4. Strategic Initiatives

Companies Mentioned

  • Argosy International
  • Novoset
  • Tencate Advanced Composites
  • Hexcel Corporation
  • Cytec Solvay Group
  • Henkel
  • Huntsman Corporation
  • Lonza
  • Koninklijke Ten Cate BV.
  • MITSUBISHI GAS CHEMICAL COMPANY
  • INC. among others.