The Japan high-temperature composite resin market is anticipated to grow at a CAGR of 8.7% during the forecast period. The major factor fueling the growth of the market is the presence of global companies such as Sumitomo Bakelite Co. Ltd., Mitsui Chemicals, Inc., Shikoku Chemicals Corp., Dupont De Nemours, Inc., and others in the country. In addition to this, the increasing R&D activities coupled with R&D facilities across the country that are engaged in the field of composite resins including various other materials will also aid in the expansion of the market. For instance, in August 2015, Teijin opened a new technology development center at its Matsuyama Factory in Matsuyama, Japan. The technology development center is engaged in developing and providing solutions for high-performance-based composite materials.
A full Report of Japan High-Temperature Composite Resin Market Available at: https://www.omrglobal.com/industry-reports/japan-high-temperature-composite-resin-market
Furthermore, the application of composite resin to increase fuel efficiency is rising at a rapid pace across the globe. Therefore, the imposing of various rules and regulations by the Japanese government regarding CO2 emissions are anticipated to propel the growth of the high-temperature composite resin market in the country. The country has decided to cut 25% of CO2 emissions by the end of 2020. Moreover, aircraft companies in Japan, such as IHI and Subaru, are engaged in the business of maintenance, repair, and overhaul and work on more than 100 aircraft per year. This will also provide various growth opportunities to the high-temperature composite resin market.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/japan-high-temperature-composite-resin-market
- The market number available for – 2018-2025
- Base year- 2018
- Forecast period- 2019-2025
- Segment Covered-
- Competitive Landscape- Sumitomo Bakelite Co. Ltd., Toray Industries Inc., Mitsui Chemicals, Inc., Shikoku Chemicals Corp., DIC Corp., Dupont De Nemours, Inc.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Japan High-Temperatur Composite Resin Market Report Segment
- Bismaleimides (BMI)
By Manufacturing Process
- Injection Molding
- Pultrusion Molding
- Filament Winding
- Aerospace and Defense
- Electrical & Electronics
- Arkema Group
- Arkema Group in Japan
- Arkema Group in High-Temperature Composite Resin Landscape
- Recent DevelopmentsDIC Corp.
- Dupont De Nemours, Inc.
- Evonik Industries AG
- Huntsman Corp
- Mitsui Chemicals, Inc.
- Shikoku Chemicals Corp.
- Sumitomo Bakelite Co. Ltd.
- Toray Industries Inc.
- Ube Industries, Ltd.
For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/japan-high-temperature-composite-resin-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit Orion Market Research
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404