
The global Thermoset Plastic market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The main driving factors of the Thermoset Plastic market are as follows
1. Heat resistance and durability: One of the main driving factors for the use of thermoset plastics is their excellent heat resistance and durability. Thermoset plastics can withstand high temperatures without melting or deforming, making them suitable for applications where exposure to heat or extreme conditions is expected. Their durability ensures that products made from thermoset plastics have a longer lifespan and can withstand repeated use and mechanical stress.
2. Chemical resistance: Thermoset plastics exhibit strong resistance to chemicals and solvents, making them ideal for applications that involve exposure to corrosive substances or harsh environments. They can resist degradation and maintain their structural integrity when in contact with chemicals, acids, oils, and other aggressive substances. This resistance ensures product reliability and prevents material damage or failure.
3. Electrical insulation properties: Thermoset plastics have excellent electrical insulation properties, making them widely used in electrical and electronic applications. Their high dielectric strength and low electrical conductivity prevent the flow of electricity and minimize the risk of short circuits or electrical hazards. This characteristic makes thermoset plastics suitable for insulating electrical cables, connectors, and components.
4. Customization and versatility: Thermoset plastics offer a high level of customization and versatility in their formulation and processing. These plastics can be modified and tailored to meet specific requirements by adjusting variables such as the resin composition, additives, curing agents, and processing techniques. This flexibility allows for the production of thermoset plastic products with a wide range of properties, textures, colors, and finishes.
5. Design freedom and complex shapes: Thermoset plastics can be molded into complex shapes and intricate designs due to their ability to be cured into a rigid and stable form. This flexibility in shape and design allows for the creation of customized and aesthetically appealing products. Thermoset plastics are commonly used in industries such as automotive, aerospace, consumer goods, and construction, where design freedom is critical.
The “Thermoset Plastic Industry Forecast” looks at past sales and reviews total world Thermoset Plastic sales in 2024, providing a comprehensive analysis by region and market sector of projected Thermoset Plastic sales for 2025 through 2031. With Thermoset Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoset Plastic industry.
This Insight Report provides a comprehensive analysis of the global Thermoset Plastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermoset Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermoset Plastic market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoset Plastic and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermoset Plastic.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermoset Plastic market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Phenolic Resin
Urea Formaldehyde Resin
Formaldehyde Resin
Unsaturated Polyester Resin
Other
Segmentation by Application:
Plywood
Coating
Automobile Industry
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LANXESS
ExxonMobil Chemical
JSR Corporation
Lion Copolymer
DowDuPont
Kumhopolychem
Mitsui Chemical
Versalis
Sumitomo Chemical
SK Global Chemical
NizhnekamskNeftekhim Inc
China Petro
Celanese
Eastman
Daicel
Solvay
Nantong Cellulose Fibers
Sichuan Push Acetati
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermoset Plastic market?
What factors are driving Thermoset Plastic market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermoset Plastic market opportunities vary by end market size?
How does Thermoset Plastic break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Thermoset Plastic Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Thermoset Plastic by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Thermoset Plastic by Country/Region, 2020, 2024 & 2031
2.2 Thermoset Plastic Segment by Type
2.2.1 Phenolic Resin
2.2.2 Urea Formaldehyde Resin
2.2.3 Formaldehyde Resin
2.2.4 Unsaturated Polyester Resin
2.2.5 Other
2.3 Thermoset Plastic Sales by Type
2.3.1 Global Thermoset Plastic Sales Market Share by Type (2020-2025)
2.3.2 Global Thermoset Plastic Revenue and Market Share by Type (2020-2025)
2.3.3 Global Thermoset Plastic Sale Price by Type (2020-2025)
2.4 Thermoset Plastic Segment by Application
2.4.1 Plywood
2.4.2 Coating
2.4.3 Automobile Industry
2.4.4 Other
2.5 Thermoset Plastic Sales by Application
2.5.1 Global Thermoset Plastic Sale Market Share by Application (2020-2025)
2.5.2 Global Thermoset Plastic Revenue and Market Share by Application (2020-2025)
2.5.3 Global Thermoset Plastic Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Thermoset Plastic Breakdown Data by Company
3.1.1 Global Thermoset Plastic Annual Sales by Company (2020-2025)
3.1.2 Global Thermoset Plastic Sales Market Share by Company (2020-2025)
3.2 Global Thermoset Plastic Annual Revenue by Company (2020-2025)
3.2.1 Global Thermoset Plastic Revenue by Company (2020-2025)
3.2.2 Global Thermoset Plastic Revenue Market Share by Company (2020-2025)
3.3 Global Thermoset Plastic Sale Price by Company
3.4 Key Manufacturers Thermoset Plastic Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Thermoset Plastic Product Location Distribution
3.4.2 Players Thermoset Plastic Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Thermoset Plastic by Geographic Region
4.1 World Historic Thermoset Plastic Market Size by Geographic Region (2020-2025)
4.1.1 Global Thermoset Plastic Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Thermoset Plastic Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Thermoset Plastic Market Size by Country/Region (2020-2025)
4.2.1 Global Thermoset Plastic Annual Sales by Country/Region (2020-2025)
4.2.2 Global Thermoset Plastic Annual Revenue by Country/Region (2020-2025)
4.3 Americas Thermoset Plastic Sales Growth
4.4 APAC Thermoset Plastic Sales Growth
4.5 Europe Thermoset Plastic Sales Growth
4.6 Middle East & Africa Thermoset Plastic Sales Growth
5 Americas
5.1 Americas Thermoset Plastic Sales by Country
5.1.1 Americas Thermoset Plastic Sales by Country (2020-2025)
5.1.2 Americas Thermoset Plastic Revenue by Country (2020-2025)
5.2 Americas Thermoset Plastic Sales by Type (2020-2025)
5.3 Americas Thermoset Plastic Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Thermoset Plastic Sales by Region
6.1.1 APAC Thermoset Plastic Sales by Region (2020-2025)
6.1.2 APAC Thermoset Plastic Revenue by Region (2020-2025)
6.2 APAC Thermoset Plastic Sales by Type (2020-2025)
6.3 APAC Thermoset Plastic Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Thermoset Plastic by Country
7.1.1 Europe Thermoset Plastic Sales by Country (2020-2025)
7.1.2 Europe Thermoset Plastic Revenue by Country (2020-2025)
7.2 Europe Thermoset Plastic Sales by Type (2020-2025)
7.3 Europe Thermoset Plastic Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Thermoset Plastic by Country
8.1.1 Middle East & Africa Thermoset Plastic Sales by Country (2020-2025)
8.1.2 Middle East & Africa Thermoset Plastic Revenue by Country (2020-2025)
8.2 Middle East & Africa Thermoset Plastic Sales by Type (2020-2025)
8.3 Middle East & Africa Thermoset Plastic Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Thermoset Plastic
10.3 Manufacturing Process Analysis of Thermoset Plastic
10.4 Industry Chain Structure of Thermoset Plastic
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Thermoset Plastic Distributors
11.3 Thermoset Plastic Customer
12 World Forecast Review for Thermoset Plastic by Geographic Region
12.1 Global Thermoset Plastic Market Size Forecast by Region
12.1.1 Global Thermoset Plastic Forecast by Region (2026-2031)
12.1.2 Global Thermoset Plastic Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Thermoset Plastic Forecast by Type (2026-2031)
12.7 Global Thermoset Plastic Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 LANXESS
13.1.1 LANXESS Company Information
13.1.2 LANXESS Thermoset Plastic Product Portfolios and Specifications
13.1.3 LANXESS Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 LANXESS Main Business Overview
13.1.5 LANXESS Latest Developments
13.2 ExxonMobil Chemical
13.2.1 ExxonMobil Chemical Company Information
13.2.2 ExxonMobil Chemical Thermoset Plastic Product Portfolios and Specifications
13.2.3 ExxonMobil Chemical Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 ExxonMobil Chemical Main Business Overview
13.2.5 ExxonMobil Chemical Latest Developments
13.3 JSR Corporation
13.3.1 JSR Corporation Company Information
13.3.2 JSR Corporation Thermoset Plastic Product Portfolios and Specifications
13.3.3 JSR Corporation Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 JSR Corporation Main Business Overview
13.3.5 JSR Corporation Latest Developments
13.4 Lion Copolymer
13.4.1 Lion Copolymer Company Information
13.4.2 Lion Copolymer Thermoset Plastic Product Portfolios and Specifications
13.4.3 Lion Copolymer Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Lion Copolymer Main Business Overview
13.4.5 Lion Copolymer Latest Developments
13.5 DowDuPont
13.5.1 DowDuPont Company Information
13.5.2 DowDuPont Thermoset Plastic Product Portfolios and Specifications
13.5.3 DowDuPont Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 DowDuPont Main Business Overview
13.5.5 DowDuPont Latest Developments
13.6 Kumhopolychem
13.6.1 Kumhopolychem Company Information
13.6.2 Kumhopolychem Thermoset Plastic Product Portfolios and Specifications
13.6.3 Kumhopolychem Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Kumhopolychem Main Business Overview
13.6.5 Kumhopolychem Latest Developments
13.7 Mitsui Chemical
13.7.1 Mitsui Chemical Company Information
13.7.2 Mitsui Chemical Thermoset Plastic Product Portfolios and Specifications
13.7.3 Mitsui Chemical Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Mitsui Chemical Main Business Overview
13.7.5 Mitsui Chemical Latest Developments
13.8 Versalis
13.8.1 Versalis Company Information
13.8.2 Versalis Thermoset Plastic Product Portfolios and Specifications
13.8.3 Versalis Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Versalis Main Business Overview
13.8.5 Versalis Latest Developments
13.9 Sumitomo Chemical
13.9.1 Sumitomo Chemical Company Information
13.9.2 Sumitomo Chemical Thermoset Plastic Product Portfolios and Specifications
13.9.3 Sumitomo Chemical Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Sumitomo Chemical Main Business Overview
13.9.5 Sumitomo Chemical Latest Developments
13.10 SK Global Chemical
13.10.1 SK Global Chemical Company Information
13.10.2 SK Global Chemical Thermoset Plastic Product Portfolios and Specifications
13.10.3 SK Global Chemical Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 SK Global Chemical Main Business Overview
13.10.5 SK Global Chemical Latest Developments
13.11 NizhnekamskNeftekhim Inc
13.11.1 NizhnekamskNeftekhim Inc Company Information
13.11.2 NizhnekamskNeftekhim Inc Thermoset Plastic Product Portfolios and Specifications
13.11.3 NizhnekamskNeftekhim Inc Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 NizhnekamskNeftekhim Inc Main Business Overview
13.11.5 NizhnekamskNeftekhim Inc Latest Developments
13.12 China Petro
13.12.1 China Petro Company Information
13.12.2 China Petro Thermoset Plastic Product Portfolios and Specifications
13.12.3 China Petro Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 China Petro Main Business Overview
13.12.5 China Petro Latest Developments
13.13 Celanese
13.13.1 Celanese Company Information
13.13.2 Celanese Thermoset Plastic Product Portfolios and Specifications
13.13.3 Celanese Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Celanese Main Business Overview
13.13.5 Celanese Latest Developments
13.14 Eastman
13.14.1 Eastman Company Information
13.14.2 Eastman Thermoset Plastic Product Portfolios and Specifications
13.14.3 Eastman Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Eastman Main Business Overview
13.14.5 Eastman Latest Developments
13.15 Daicel
13.15.1 Daicel Company Information
13.15.2 Daicel Thermoset Plastic Product Portfolios and Specifications
13.15.3 Daicel Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Daicel Main Business Overview
13.15.5 Daicel Latest Developments
13.16 Solvay
13.16.1 Solvay Company Information
13.16.2 Solvay Thermoset Plastic Product Portfolios and Specifications
13.16.3 Solvay Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Solvay Main Business Overview
13.16.5 Solvay Latest Developments
13.17 Nantong Cellulose Fibers
13.17.1 Nantong Cellulose Fibers Company Information
13.17.2 Nantong Cellulose Fibers Thermoset Plastic Product Portfolios and Specifications
13.17.3 Nantong Cellulose Fibers Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Nantong Cellulose Fibers Main Business Overview
13.17.5 Nantong Cellulose Fibers Latest Developments
13.18 Sichuan Push Acetati
13.18.1 Sichuan Push Acetati Company Information
13.18.2 Sichuan Push Acetati Thermoset Plastic Product Portfolios and Specifications
13.18.3 Sichuan Push Acetati Thermoset Plastic Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Sichuan Push Acetati Main Business Overview
13.18.5 Sichuan Push Acetati Latest Developments
14 Research Findings and Conclusion
*If Applicable.
