Lucintel Forecasts the Global Flame Retardant Resin in E&E Composites Market to Reach $4 Billion by 2030
Lucintel Forecasts the Global Flame Retardant Resin in E&E Composites Market to Reach $4 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global flame retardant resin in E&E composites market looks promising with opportunities in the PCB, electrical enclosure, and electronic component applications. The global flame retardant resin in E&E composites market is expected to reach an estimated $4 billion by 2030 from $3 billion in 2023 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are increasing demand for FR4 laminates in the consumer electronics industry and more stringent fire and safety regulations.
Browse 89 figures/charts and 76 tables in this 181-page A more than 150-page report to understand trends, opportunity and forecast in flame retardant resin in E&E composites market to 2030 by resin (epoxy, phenolic, polyester ,and others), application (PCB laminates, enclosures, electrical components and others), and region (North America, Europe, APAC, ROW).
Lucintel forecasts that the epoxy resin will remain the largest segment and it is also expected to witness highest growth over the forecast period due to growing demand for PCB in the consumer electronics and communication industries.
Within this market, PCB laminates will remain the largest application for flame retardant resin and it is also expected to witness highest growth in the forecast period due to increasing demand for PCB in computer and communication and growth in smartphone and display applications.
Asia pacific will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to high production of PCBs in China, Taiwan, Japan, and South Korea.
Hexion Inc, Olin Epoxy, Nan Ya Plastic, Huntsman Corportation, INEOS, Polynt Group are the major suppliers in the flame retardant resin in the E&E composite market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056