0

Global Casting Resin Market 2019-2023

  • Published: Dec 2018
  • Pages: 113
  • SKU: IRTNTR30525
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The global casting resin market size will grow by USD 1.86 billion during 2019-2023. This report offers an analysis of the market based on type (polyurethane, epoxy, and unsaturated polyester) and geography (the Americas, APAC, and EMEA). The casting resin market research report analyzes the market’s competitive landscape and offers information on several companies including Covestro, Hexion, Huntsman International, Polytek Development, and Resoltech.

Below are some of the key findings from the casting resin market research report

casting resin market

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

Global casting resin industry overview

One of the key factors contributing to the growth of the global casting resin market is the increased application of casting resins in electronics. In 2018, the rapid growth of the global electronics industry aided the growth of the global casting resin market. The electronics industry witnessed a high growth not just in developed markets such as the US and Western Europe, but also in emerging economies in APAC. Various casting resins find applications for potting and encapsulation in the electronics and electrical industries. Epoxy resins are used for providing adhesion for a range of electronic and electrical substrates, owing to their excellent mechanical and chemical properties. In addition, polyurethane resins are preferred for circuits with fragile components such as ferrites and glass reed switches due to their elastomeric nature. As a result, the increased adoption of casting resins in electronics is expected to boost the global casting resin market to register a CAGR of over 6% during the forecast period.

The increasing adoption of casting resins in production of medical devices is one of the major trends being witnessed in the global casting resin market. Casting resins such as epoxy resins and polyurethanes are preferred for the manufacturing of medical device displays, trailing aids, and prototypes, owing to their excellent mechanical properties and ease of design. The increase in preference for resin casting over injection molding among medical device suppliers can be attributed to the complexities and detailed requirements of medical device displays, especially for dentistry and orthopedic uses.

Top casting resin companies covered in this market research report

The casting resin market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this casting resin industry analysis report will aid clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Covestro
  • Hexion
  • Huntsman International
  • Polytek Development
  • Resoltech

Casting resin market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. The APAC region led the market in 2018 with a market share of over 42%. This region is expected to dominate the market through 2023.

Casting resin market segmentation based on type

  • Polyurethane
  • Epoxy
  • Unsaturated Polyester

The polyurethane segment will account for the highest growth in the market. The polyurethane segment held the largest market share in 2018, accounting for nearly 68% of the market. Additionally, the report also provides an accurate prediction of the contribution of the various type segments to the growth of the casting resin market size.

Key highlights of the global casting resin market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the casting resin market during the next five years
  • Precise estimation of the global casting resin market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the casting resin industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of casting resin companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 
Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Polyurethane - Market size and forecast 2018-2023
  • Epoxy - Market size and forecast 2018-2023
  • Unsaturated polyester - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Rising adoption of epoxy resins for marine applications
  • Growing application of casting resins for renewable energy infrastructure
  • Increasing adoption of casting resins in medical device production

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Covestro
  • Hexion 
  • Huntsman International
  • Polytek Development 
  • Resoltech

PART 13: APPENDIX

  • Research methodology
  • List of abbreviations

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Materials
  3. Published Reports 2019
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>