Composites is the fastest growing application of the high temperature resin

The report "High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026", The global high temperature resin market is estimated to be valued at USD 3.16 Billion in 2016, and is projected to reach USD 4.88 Billion by 2026, at a CAGR of 4.44% from 2016 to 2026.

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The global high temperature resin market is estimated to be valued at USD 3.16 Billion in 2016, and is projected to reach USD 4.88 Billion by 2026, at a CAGR of 4.44% from 2016 to 2026. In this study, 2015 has been considered the base year to estimate the market size.

The report provides the short term forecast for the period, 2016 to 2021, and the long term forecast for the period, 2016 to 2026. This report aims to estimate the market size and future growth potential of the global high temperature resin market across different segments such as type, application, and region.

The factors influencing market growth such as drivers, restraints, opportunities, and industry-specific challenges have been studied in the report. The report analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders.

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The value chain for the high temperature resin begins with raw material manufacturers of environment-friendly as well as petroleum-based chemicals. These raw materials are procured by resin manufacturers and petrochemical companies. They manufacture different types of basic chemicals, additives, and pigments, which are then sold to high temperature resin manufacturers.

The resin is then procured by resin manufacturers, who sell their products to adhesives, coatings, and composites manufacturers. The converted product manufacturers then market their products to molders and end-user companies after receiving regulatory approval. The maximum value is added at the manufacturing stage, as the basic chemicals are mixed and processed with other chemicals to achieve the desired resin for specific applications.

Key high temperature resin manufacturers are Solvay S.A. (Belgium), Huntsman Corporation (U.S.), E. I. du Pont de Nemours and Company (U.S.), Hexion Inc. (U.S.), Mitsui Chemicals Inc. (Japan), DIC Corporation (Japan), Henkel AG & Co., KGaA (Germany), Dow Corning Corporation (U.S.), Saudi Arabia Basic Industries Corporation (Saudi Arabia), Wacker Chemie AG (Germany), Royal Tencate N.V. (Netherlands), and BASF SE (Germany). The value chain includes the manufacture of high temperature resin and the delivery of products to the end-users such as, manufacturers of paints & coatings, adhesives & sealants, and composites.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues.