New York, NY -- (SBWIRE) -- 02/25/2021 -- The Global Cyanate Ester Resins Market is forecast to reach USD 504.7 Million by 2026, according to a new report by Reports and Data. Cyanate esters based on a bisphenol or novolac derivative are used in the production of resins. Cyanate ester resins have various applications in end-use industries such as aerospace & defense, automotive, electrical & electronics, and marine industries. These resins possess properties such as excellent strength and toughness, high-temperature resistance, better electrical properties, and lower moisture absorption. The market for cyanate ester resins is influenced by the rising demand from the aerospace & defense and electrical & electronics industries for application in antennae, wings, radomes, microelectronics, and microwave products.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2038

Top Players Covered in the Report Include:
Argosy International
Novoset
Tencate Advanced Composites
Hexcel Corporation
Cytec Solvay Group
Henkel
Huntsman Corporation
Lonza
Others

The above-mentioned factors collectively create opportunities for the market growth while factors such as high manufacturing costs and issues related to recyclability, and testing of cyanate ester resins pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period. Consistent advancements in the cyanate ester resins market owing to innovative efforts have enhanced the efficiency of resins.

The Asia Pacific is a key region for the cyanate ester resins market during the forecast period. High demand for military aircrafts from countries like China, Japan and India and rise in defense expenditure from the governments are driving the aerospace & defense industries in the region hence boosting the growth of cyanate resin market.

Further key findings from the report suggest
Bisphenol-based cyanate ester resin held a larger market share of 53.4% in the year 2018. Cyanate ester resins developed from bisphenol possess enhanced properties and are tougher in comparison to epoxy resins. Moreover, the curing process of bisphenol-based cyanate ester resin is easier than epoxy resins.

The composite segment is forecasted to grow with the highest CAGR of 11.8% during the forecast period. The growth is attributed to the usage of composites majorly in automobile, and aerospace & defense industries.

Aerospace & defense held the largest market share of 56.4% in the year 2018. Cyanate ester resin is extensively used in manufacturing composite parts for spacecraft and aircrafts because of its high-temperature resistance property. Spacecraft, missiles, and wings of military aircrafts are the major users of this product in the aerospace and defense industry.

Asia Pacific is forecasted to grow with the highest CAGR of 11.9% during the forecast period. The increasing presence of major aircraft original equipment manufacturers (OEMs) in China and Japan and increasing demand for military aircrafts are fueling the market for cyanate ester resins market in the region.

Enquire for Discount on the Report @ https://www.reportsanddata.com/discount-enquiry-form/2038

For the purpose of this report, Reports and Data have segmented into the global Cyanate Ester Resins market on the basis of product type, application, end-use industries, and region:
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Bisphenol-based
Novolac-based

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Composites
Adhesives
Others

End-Use Industry Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Aerospace & Defense
Automotive
Electrical & Electronics
Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
North America
U.S.
Europe
UK
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/cyanate-ester-resins-market

What is the regional structure of the market?
The Cyanate Ester Resins market report analyzes the footprint of every product and its significance and examines each geographical segment of the market with import, export, consumption, and production in these regions to deliver in-depth insights of the Cyanate Ester Resins market

Basic information about market share held by the different regions has been given in the report. The business offerings in the study show relevant and trustworthy information derived from relevant and reliable data that will help the businesses grow and have a competitive edge.

Also, the Cyanate Ester Resins Industry report consists of the analysis of different products available in the global market based on production, volume, revenue, and cost and price structure. It also highlights the key strategies that might prove to be profitable for businesses.

Key questions answered:
Q.1. What are the favorable, high-growth prospects for the global Cyanate Ester Resins market?
Q.2. Which product segments will grow at a faster rate throughout the forecast period, and why?
Q.3. Which region will grow at a faster rate, and why?
Q.4. What are the key factors affecting market prospects? What are the driving forces, restraints, and challenges in the market?
Q.5. What are the latest trends in the market?
Q.6. What are the changing customer demands in the Cyanate Ester Resins market?
Q.7. What are the growth prospects in this market, and which competitors are showing promising development?
Q.8. Continued…

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2038

Let us know if you have any specific requirements. We offer report customization.

Table of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Cyanate Ester Resins Market Segmentation & Impact Analysis
4.1. Cyanate Ester Resins Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for high-temperature resins in the aerospace & defense industry
4.2.2.2. Excellent mechanical properties of cyanate ester resin
4.2.3. Market restraints analysis
4.2.3.1. High processing and manufacturing cost
4.2.3.2. Issues related to recyclability
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Cyanate Ester Resins By Product Type Insights & Trends
5.1. Product Type Dynamics & Market Share, 2019 & 2026
5.2. Bisphenol-Based
5.2.1. Market estimates and forecast, 2016 – 2026 (Kilo Tons) (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2016 – 2026 (Kilo Tons) (USD Billion)
5.3. Novolac-Based
5.3.1. Market estimates and forecast, 2016 – 2026 (Kilo Tons) (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2016 – 2026 (Kilo Tons) (USD Billion)

Chapter 6. Cyanate Ester Resins By Application Type Insights & Trends

Continued…..