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Global Thermosetting Plastic Market

  • Published Date: 23 Mar 2018
  • Number of Pages: 189
  • Category: Materials
  • Country: Global
Thermosets, or thermosetting plastics are syntheticmaterials which become hard on heating and softens when cooled down, which is in contrast to what thermoplastics are.
These thermosetting plastics are stronger than thermoplastic materials due to their 3D network of crosslinking bonds and find large applications, since they are better suited to high- temperature applications.

Thermosetting plastics find application in a large number of industries like Electrical & electronics, Construction, Automotive & transportation Adhesives & Coatings, and several other segments.

Market Dynamics

The Global market for thermosetting plastics production is presently estimated to be approximately 34.99 million tonnesand is expected to grow at a CAGR of about 3.7%, to reach 52.96 million tonnes by 2022.

The industry is expected to witness large growth in emerging economies in the light of rapid development and technological innovation giving a boom to heavy industries, but changing regulations and stringent environmental standards pose major challenges in the overall growth of the thermosetting plastics market.

Market Segmentation

The global market for thermosetting plastics is segmented as follows on the basis of the product type:
--> Alkyds (Polyester resin),
--> Polyurethane
--> Epoxies (Epoxy resin)

Regional/Geographic Analysis

Currently, Asia Pacific region accounts for the largest share of the global market for thermosetting plastics, with China leading the industry, followed by Japan. North America and Europe are the fastest growing markets and are expected to surpass Asia-Pacific in the years to come.

Regions of South America and Middle East are also witnessing increased demand, in the light of the recent developments taking place across major end-user industries.
They key growth drivers in thermosetting plastics industries are - rising living standards and increasing population, innovations in packaging, and growing demand in end user markets.

Key Players

Chevron Phillips Chemical Company LP, LyondellBasell Industries, BASF SE, Bayer MaterialScience, The Dow Chemicals Co., Lanxess AG, LG Chem Ltd, Mitsubishi Engineering Plastic Corporation, Ineos Abs Corporation, Dyneon LLC, Rochling Group, Daicel Corporation, Eastman Chemical Company, Arkema SA, Asahi Kasei Corporation, Evonik Industries AG, Teijin Chemicals Limited, Schulman, Inc., Royal DSM NV, SABIC Innovative Plastics, Solvay Plastics

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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