Chemicals and Materials

Cyanate Ester Resin Market will reach US$ 250 million by 2023


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Cyanate ester resins are an important class of thermosetting polymers with high glass-transition temperature, low outgassing, and low dielectric constant and loss. These resins are used in a variety of applications such as printed circuit boards, radomes, structural composites for space applications, and adhesives.

Cyanate Ester Resin production market is relatively concentrated. North America and Europe are the major production areas as well as the leading consumption market. However, small players in other areas like China are growing slowly in recent years, and they are seeking ways to enter into the global market.

Raw material cost is the biggest cost section for cyanate ester resin manufacturing. cyanate ester compound, the main direct upstream material, are mostly supplied by Cyanate Ester Resin producer themselves. Huntsman, Lonza, TenCate, Cytec and Hexcel are the leading players in global market, Techia Corporation and Jiangdu Maida Group are key players in China production market.

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Price of Cyanate Ester Resin fluctuated obviously in 2012-2017, due to the upward trend of raw material prices and R & D expenditure, the Cyanate Ester Resin price is forecasted to keep a growing trend in next few years.

Over the next five years, we projects that Cyanate Ester Resin will register a 6.8% CAGR in terms of revenue, reach US$ 250 million by 2023, from US$ 170 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:

  • Huntsman
  • Lonza
  • Techia Corporation
  • TenCate
  • Cytec
  • Hexcel
  • Jiangdu Maida Group

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like

  • North America (United States, Canada and Mexico)
  • Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
  • Europe (Germany, UK, France, Italy and Russia etc.)
  • South America (Brazil, Chile, Peru and Argentina)
  • Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into

  • Bisphenol-based Cyanate Ester Resin
  • Novolac-based Cyanate Ester Resin
  • Other Types

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into

  • Aircraft and Space Structures
  • Electronics
  • Other

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