Cyanate ester resins are a domineering class of thermosetting polymers with high glass-transition temperature, low outgassing, and low dielectric consistent and loss. These resins are utilized as a part of an assortment of applications, for example, printed circuit boards, radomes, structural composites for space applications, and adhesives. In terms of revenue, Global Cyanate Ester Resin Market was valued at US$ 161.5 Mn in 2016 and is expected to reach US$ 292.1 Mn by 2025, expanding at a CAGR of 6.9% from 2017 to 2025. The North America market alone is forecast to be worth $XX billion in 2025, accounting for XX% of the overall Cyanate Ester Resin market.
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Huntsman International LLC, Lonza, Hexcel Corporation, and Solvay Group among others.
Cyanate esters depend on cardanol modified- phenol-formaldehyde resins. Novolac type oligomers have both phenolic hydroxyl group and a tertiary amine group. Cardanol incorporated phenol-formaldehyde novolac resins are blended by acid and base-catalyzed reactions. The novolacs are transformed to their cyanate esters. The thermal cure characteristics of the cyanate esters relies on the composition and the presence of cardanol proportionately encourages the curing.
The expanding interest of the polymer matrix composites that assists in meeting the stringent functional necessities for the use in quickly developing high-area of aerospace. Cyanate ester resins offer different favorable circumstances as composite grids because of high thermal stability, low outgassing, low water absorption, and radiation protection. Cyanate ester resins additionally have a decent potential for composite applications. Owing to this, cyanate ester resins are finding expanding acknowledgment in the aerospace enterprises and along these lines is a noteworthy driving component of the Worldwide Cyanate Ester Resin Market.
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The report gives an overview of the impact of the key drivers, restraints, and popular trends in the global Cyanate Ester Resin market. These factors are examined on both, regional as well as the global front, for varying levels of depth of market study. The regulatory scenario of the market, with the help of details of key rules, regulations, plans, and policies in the market, is also examined, presenting an overview of the factors that affect a variety of decisions in the global market.
The report, with the help of detailed business profiles, project feasibility analysis, SWOT analysis, and several other details about the key companies operating in the global Cyanate Ester Resin market, presents a detailed analytical account of the market’s competitive landscape. The report also presents an overview of the impact of recent developments on market’s future growth prospects
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