High Temperature Composite Resin Market Worth 1,180.8 Million USD by 2023
The report "High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester), Manufacturing Process, End-use Industry (Aerospace & Defense, Transportation, Electrical & Electronics), and Region - Global Forecast to 2023", published by MarketsandMarkets, the High Temperature Composite Resin Market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% between 2018 and 2023.
- The report "High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Thermoplastic, Polyimide, Cyanate Ester), Manufacturing Process, End-use Industry (Aerospace & Defense, Transportation, Electrical & Electronics), and Region - Global Forecast to 2023", published by MarketsandMarkets, the High Temperature Composite Resin Market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% between 2018 and 2023.
- The High Temperature Composite Resin Market is driven by the increasing demand for high temperature composites from industries such as aerospace & defense, transportation, and electrical & electronics.
- Aerospace & defense is estimated to be the largest end-use industry segment of the High Temperature Composite Resin Market in 2018.
- The increased use of high temperature composite components in interiors, engine parts, and outer structures of aircraft, missiles, and satellites is driving the growth of the High Temperature Composite Resin Market.