Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry 2015-2020: Trends, Forecast, and Opportunity Analysis

 Published On: Oct, 2015 |    No of Pages: 144 |  Published By: Lucintel | Format: PDF
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According to a new market report published by Lucintel, the future of the thermoset resin market in the global adhesive industry looks promising, with opportunities in the automotive, construction, and wind energy applications. The thermoset resin market in global adhesive industry is forecast to grow at a CAGR of 6.4% from 2015 to 2020. The major drivers of growth for thermoset resin market in the global adhesive industry are replacement of traditional fasteners with adhesives as well as growth in key end-use applications, such as automotive, construction, aerospace and defense, and wind energy applications.

In this market, epoxy and polyurethane are the major chemical types used for thermoset resin in the global adhesive industry. Lucintel predicts that the demand for epoxy in adhesive industry is likely to experience the highest growth in the forecast period supported by growing demand in end-use applications. On the basis of comprehensive research, Lucintel forecasts that automotive market is expected to show above average growth during the forecast period.

Within the thermoset resin market in the global adhesive industry, the automotive industry is expected to remain as the largest market. The development of novel applications in the automotive, construction, aerospace and wind energy are expected to spur growth for these segments over the forecast period.

Asia Pacific is expected to remain the largest market due to growth in end use applications and increasing use of adhesives in place of traditional fasteners.

Europe, APAC, and ROW are expected to witness above average growth over the forecast period because of growth of the automotive and construction industries.

For market expansion, the report suggests new product development, where the unique characteristics of thermoset resin can be capitalized. The report further suggests the collaborative activities with customers to create win-win situations and development of unique solutions for the end user.

Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of bio-based products, development of hybrid technologies, development of thermoset resin with lower curing time, and increasing application of two part polyurethane resin. Dow Chemicals, BASF SE, Huntsman, Momentive, and Bayer AG are among the major players of thermoset resin market in global adhesive industry. Some companies are opting for expansion as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed thermoset resin market in the global adhesive industry by chemical type, end use application, and region, and has come up with a comprehensive research report, "Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry 2015-2020: Trend, Forecast, and Opportunity Analysis." The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the thermoset resin market in the global adhesive industry through 2020, segmented by chemical type, end use application, and region as follows:

By Chemical Type [volume (M lbs/Kilo ton) and $ Million shipments from 2009 to 2020]:
-Epoxy
-Polyurethane
-Others

By end use application [volume (M lbs/Kilo ton) and $ Million shipment from 2009 to 2020]:
-Epoxy
-Automotive
-Construction
-Aerospace and Defense
-Wind Energy
-Others

By region [volume (M lbs/Kilo ton) and $ Million shipment from 2009 to 2020]:
-Epoxy
-North America
-Europe
-Asia Pacific
-Rest of the World

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of "Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry 2015-2020: Trends, Forecast, and Opportunity Analysis" include:

-Epoxy
-Market size estimates: Thermoset resin in global adhesive industry estimation in terms of volume (M lbs.) and value ($M) shipment.
-Trend and forecast analysis: Thermoset resin in global adhesive industry trend (2009-2014) and forecast (2015-2020) by region and by segment.
-Segmentation analysis: Thermoset resin in global adhesive industry size by chemical types such as epoxy, polyurethane and others both in terms of volume and value shipment.
-Thermoset resin in global adhesive industry size by end use application, such as automotive, construction, aerospace and defense, wind energy, and others.
-Regional analysis: Thermoset resin in global adhesive industry breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
-Growth opportunities: Analysis on growth opportunities in different applications, chemical type, and regions.
-Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of thermoset resin suppliers in global adhesive industry.
-Analysis of competitive intensity of the industry based on Porter's Five Forces model.
1. Executive Summary

2. Industry Background and Classifications

2.1: Introduction
2.2: Industry Classification
2.2.1: Thermoset Resins in Global Adhesive Industry by Chemical Type
2.2.2: Thermoset Resin in Global Adhesive Industry by End Use Application
2.3: Advantages of Thermoset Resin Usage in Global Adhesive Industry
2.4: Disadvantages of Thermoset Resin Usage in Global Adhesive Industry
2.5: Supply Chain

3. Market Trend and Forecast Analysis

3.1: Market Analysis 2014
3.1.1: Thermoset Resin Market in Global Adhesive Industry by Value and Volume
3.2: Market Trend: 2009-2014
3.2.1: Macroeconomic Trend
3.2.2: Thermoset Resin Market in Global Adhesive Industry Trend by Value and Volume
3.2.3: Thermoset Resin Market in Global Adhesive Industry Trend by Chemical Type
3.2.4: Thermoset Resin Market in Global Adhesive Industry Trend by End Use Application
3.2.5: Regional Market Trend for Thermoset Resin in Global Adhesive Industry by Value and Volume
3.2.6: Industry Drivers and Challenges
3.3: Market Forecast 2015-2020
3.3.1: Macroeconomic Forecast
3.3.2: Thermoset Resin Market in Global Adhesive Industry Forecast by Value and Volume
3.3.3: Thermoset Resin Market in Global Adhesive Industry Forecast by Chemical Type
3.3.4: Thermoset Resin Market in Global Adhesive Industry Forecast by End Use Application
3.3.5: Regional Market Forecast for Thermoset Resins in Global Adhesive Industry by Value and Volume

4. Competitor Analysis

4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Porter's Five Forces Analysis

5. Growth Opportunity & Strategic Analysis

5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry by Chemical Type
5.1.2: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry by End Use Application
5.1.3: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry by Region
5.2: Emerging Trends in Thermoset Resin Market in Global Adhesive Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Expansion Strategy
5.3.3: Product Market Growth Matrix for Thermoset Resin Market in Global Adhesive Industry
5.4: Mergers and Acquisitions in Thermoset Resin Market in Global Adhesive Industry

6. Company Profiles of Leading Players

List of Figures

Chapter 2. Industry Background and Classifications

Figure 2.1: Classification of Thermoset Resin Market in Global Adhesive Industry by Chemical Type, and End Use Application Type
Figure 2.2: Adhesive Applications in a Passenger Car
Figure 2.3: Thermoset Resins Used in Construction Industry
Figure 2.4: Blade Bonding Applications (Source: LORD Corporation)
Figure 2.5: Thermoset Resin for Adhesive in Aerospace Industry
Figure 2.6: Epoxy Resin Used in Printed Circuit Boards (PCBs)
Figure 2.7: Thermoset Resin Used in Food Packaging
Figure 2.8: Supply Chain Thermoset Resin Market in Global Adhesive Industry

Chapter 3. Market Trend and Forecast Analysis

Figure 3.1: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution by Chemical Type in 2014
Figure 3.2: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type in 2014
Figure 3.3: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distribution by Chemical Type in 2014
Figure 3.4: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type in 2014
Figure 3.5: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution by End Use Application in 2014
Figure 3.6: Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application in 2014
Figure 3.7: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distribution by End Use Application in 2014
Figure 3.8: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application in 2014
Figure 3.9: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution by Region in 2014
Figure 3.10: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Region in 2014
Figure 3.11: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distribution by Region in 2014
Figure 3.12: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Region in 2014
Figure 3.13: Trend of Global GDP Growth Rate
Figure 3.14: Trend of Regional GDP Growth Rate
Figure 3.15: Global Automotive Production Trend: 2009-2014
Figure 3.16: Global Annual Wind Turbine Installations (GW) Trend 2009-2014
Figure 3.17: New Housing Starts Trend in the US 2009-2014
Figure 3.18: Aircraft Deliveries Trend for Boeing and Airbus 2009-2014
Figure 3.19: Thermoset Resin Market in Global Adhesive Industry Growth Trends (2009-2014)
Figure 3.20: Thermoset Resin Market ($ Million) in Global Adhesive Industry Trend by Chemical Type from 2009 to 2014
Figure 3.21: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type from 2009 to 2014
Figure 3.22: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type from 2013 to 2014
Figure 3.23: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Trend by Chemical Type from 2009 to 2014
Figure 3.24: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type from 2009 to 2014
Figure 3.25: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type from 2013 to 2014
Figure 3.26: Thermoset Resin Market ($ Million) in Global Adhesive Industry Trend by End Use Application from 2009 to 2014
Figure 3.27: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application from 2009 to 2014
Figure 3.28: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application from 2013 to 2014
Figure 3.29: Thermoset Resin Market (Million Pounds) Trend in Global Adhesive Industry by End Use Application from 2009 to 2014
Figure 3.30: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application from 2009 to 2014
Figure 3.31: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application from 2013 to 2014
Figure 3.32: Thermoset Resin Market Growth Trend in North American Adhesive Industry (2009-2014)
Figure 3.33: Thermoset Resin Market Trend in European in Adhesive Industry (2009-2014)
Figure 3.34: Thermoset Resin Market Growth Trend in APAC Adhesive Industry (2009-2014)
Figure 3.35: Thermoset Resin Market Growth Trend in ROW Adhesive Industry (2009-2014)
Figure 3.36: Drivers and Challenges of Thermoset Resin Market in Global Adhesive Industry
Figure 3.37: Forecast of Global GDP Growth Rate
Figure 3.38: Forecast of Regional GDP Growth Rate
Figure 3.39: Global Automotive Production Forecast: 2015-2020
Figure 3.40: Global Wind Energy New Capacity (GW) Installation Forecast 2015-2020
Figure 3.41: New Housing Starts Trend in the US 2015-2020
Figure 3.42: Aircraft Deliveries Trend for Boeing and Airbus 2009-2014
Figure 3.43: Thermoset Resin Market in Global Adhesive Industry Growth Forecast (2015-2020)
Figure 3.44: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type from 2015 to 2020
Figure 3.45: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type from 2015 to 2020
Figure 3.46: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Type from 2014 to 2015
Figure 3.47: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type from 2015 to 2020
Figure 3.48: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type from 2015 to 2020
Figure 3.49: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Chemical Type from 2014 to 2015
Figure 3.50: Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application from 2015 to 2020
Figure 3.51: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application from 2015 to 2020
Figure 3.52: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in Global Adhesive Industry by End Use Application from 2014 to 2015
Figure 3.53: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application from 2015 to 2020
Figure 3.54: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application from 2015 to 2020
Figure 3.55: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End Use Application from 2014 to 2015
Figure 3.56: Thermoset Resin Market Forecast in North American Adhesive Industry (2015-2020)
Figure 3.57: Thermoset Resin Market Forecast in European Adhesive Industry (2015-2020)
Figure 3.58: Thermoset Resin Market Forecast in APAC Adhesive Industry (2015-2020)
Figure 3.59: Thermoset Resin Market Forecast in ROW Adhesive Industry (2015-2020)

Chapter 4. Competitor Analysis

Figure 4.1: Market Share Analysis of Top Players of Thermoset Resin Market in Global Adhesive Industry in 2014
Figure 4.2: Market Share in Terms of $ Value by Top Three Players and Others in Thermoset Resin Market in Global Adhesive Industry
Figure 4.3: Geographical Footprint of Major Thermoset Resin Manufacturers in Global Adhesive Industry
Figure 4.4: Porter's Five Forces Analysis for Thermoset Resin Market in Global Adhesive Industry

Chapter 5. Growth Opportunity & Strategic Analysis

Figure 5.1: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry by Chemical Type
Figure 5.2: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry by End Use Application
Figure 5.3: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry by Region
Figure 5.4: Emerging Trends in Thermoset Resin Market in Global Adhesive Industry
Figure 5.5: Competitors Focus Area of Competitiveness
Figure 5.6: Major Capacity Expansion by Major Player in Thermoset Resin Market in Global Adhesive Industry
Figure 5.7: Strategic Initiatives by Major Competitors in 2014
Figure 5.8: Strategic Initiatives by Major Competitors in 2013
Figure 5.9: Year-on-Year Study of Strategic Initiatives of Thermoset Resin Market in Global Adhesive Industry
Figure 5.10: Product- Market Strategy for Thermoset Resin Market in Global Adhesive Industry

List of Tables

Chapter 1. Executive Summary

Table 1.1: Thermoset Resin Market in Global Adhesive Industry Parameters and Attributes

Chapter 2. Industry Background and Classifications
Table 2.1: Epoxy, Polyurethane, and Other Resins for Adhesives in Automotive Industry
Table 2.2: Advantages of Thermoset Resin Usage in Adhesive Industry
Table 2.3: Disadvantages of Thermoset Resin Usage in Adhesive Industry

Chapter 3. Market Trend and Forecast Analysis
Table 3.1: Trend (2009-2014) in Thermoset Resin Market in Global Adhesive Industry
Table 3.2: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market in Global Adhesive Industry in Terms of Value
Table 3.3: Market Size and 2013-2014 Growth Rates of Thermoset Resin Market in Global Adhesive Industry by Chemical Type in Terms of Value and Volume
Table 3.4: Market Size and Annual Growth Rates of Thermoset Resin Market in Global Adhesive Industry during Last Five Years (2009-2014) by Chemical Type in Terms of Value and Volume
Table 3.5: Market Size and 2013-2014 Growth Rates of Thermoset Resin Market in Global Adhesive Industry by End Use Application in Terms of Value and Volume
Table 3.6: Market Size and Annual Growth Rates of Thermoset Resin Market in Global Adhesive Industry by End Use Application during Last Five Years (2009-2014) in Terms of Value and Volume
Table 3.7: Thermoset Resin Market Shipments in North American Adhesive Industry (2009-2014)
Table 3.8: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market ($ Million) in North American Adhesive Industry
Table 3.9: Thermoset Resin Market Shipments in European Adhesive Industry (2009-2014)
Table 3.10: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market ($ Million) in European Adhesive Industry
Table 3.11: Thermoset Resin Market Shipments in Asia Pacific Adhesive Industry (2009-2014)
Table 3.12: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market ($ Million) in APAC Adhesive Industry
Table 3.13: Thermoset Resin Market Shipments in ROW Adhesive Industry (2009-2014)
Table 3.14: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market ($ Million) in Adhesive Industry in ROW
Table 3.15: Market Forecast (2015-2020) in Thermoset Resin Market in Global Adhesive Industry Shipments
Table 3.16: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market ($ Million) in Global Adhesive Industry
Table 3.17: Market Size and 2014-2015 Growth Rates of Thermoset Resin Market in Global Adhesive Industry by Chemical Type in Terms of Value and Volume
Table 3.18: Market Size and Annual Growth Rates of Thermoset Resin Market in Global Adhesive Industry during Next Five Years (2015-2020) by Chemical Type in Terms of Value and Volume
Table 3.19: Market Size and 2014-2015 Growth Rates of Thermoset Resin Market in Global Adhesive Industry by End Use Application in Terms of Value and Volume
Table 3.20: Market Size and Annual Growth Rates of Thermoset Resin Market in Global Adhesive Industry by End Use Application during Next Five Years (2015-2020) in Terms of Value and Volume
Table 3.21: Thermoset Resin Market Shipments Forecast for North American Adhesive Industry (2015-2020)
Table 3.22: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market for North American Adhesive Industry in Terms of Value
Table 3.23: Thermoset Resin Market Shipments Forecast for European Adhesive Industry (2015-2020)
Table 3.24: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market for Europe Adhesive Industry in Terms of Value
Table 3.25: Thermoset Resin Market Shipment Forecast for APAC Adhesive Industry (2015-2020)
Table 3.26: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market for APAC Adhesive Industry in Terms of Value
Table 3.27: Thermoset Resin Market Shipments Forecast for ROW Adhesive Industry (2015-2020)
Table 3.28: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market for ROW Adhesive Industry in Terms of Value

Chapter 4. Competitor Analysis
Table 4.1: Industry-Wide Product Mapping for Thermoset Resin Market in Global Adhesive Industry Based on End Use Applications
Table 4.2: Industry-Wide Product Mapping for Thermoset Resin Market in Global Adhesive Industry Based on Chemical Types
Table 4.3: Ranking of Manufacturers based on Thermoset Resin Revenue in Global Adhesive Industry
Table 4.4: Thermoset Resin Manufacturers with Their Headquarter Location
Table 4.5: Operational Integration of Thermoset Resin Manufacturers for Global Adhesive Industry

Chapter 5. Growth Opportunity & Strategic Analysis
Table 5.2: New Product Launches by Players in Thermoset Resin Market in Global Adhesive Industry
Table 5.2: New Product Attractiveness Rating for Different Products by Lucintel
Table 5.3: Major Expansion by Thermoset Resin Players in Global Adhesive Industry
Table 5.4: Types of Market Expansion Activities by Competitors

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