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Thermosetting Plastics Market is Estimated to Witness High Growth Owing to Rising Adoption of Thermosetting Plastics in Various End-use Industries
The thermosetting plastics market includes products such as polyester resin, epoxy resin, polyurethane, and silicones. These plastics offer benefits like durability, heat resistance, low maintenance, and dimensional stability. Thermosetting plastics are used across industries like automotive, aerospace, electronics, defense, and construction, due to their strong bonding properties, heat and chemical resistance, and electrical insulation capabilities. They find applications as coatings, adhesives & sealants, plastic parts, and composites & prepregs.
The global thermosetting plastics market is estimated to be valued at US$ 139635.99 Mn in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the thermosetting plastics market are Veriato, Hubstaff, Time Doctor, Toggl, Sapience Analytics, Idaptive Tech Solutions,
1 month ago

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