Lucintel’s latest market report analyzed that cyanate ester resin provides attractive opportunities in the aerospace & defense, electrical and electronics, automotive, and marine industries. The cyanate ester resin market is expected to grow at a CAGR of 5%. In this market, printed circuit boards is the largest segment by application, whereas aerospace & defense is largest by end use industry. The development of ultra-high temperature resistant (Tg 400ºC) cyanate ester resin with excellent mechanical properties and increasing demand for cyanate ester resin in optical devices & high performance powder coating provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/cyanate-ester-resin-market.aspx Based on application, the cyanate ester resinmarket is segmented into printed circuit boards, radomes, aerospace engine & structural parts, and others. The printed circuit boards segment accounted for the largest share of the market in 2020 due to increasing demand for high performance PCBs in communication, defense, aerospace, and marine industries and aerospace engines & structural parts is expected to register the highest CAGR during the forecast period supported by growth in the aerospace & defense and space industry.
Browse in-depth TOC on “Cyanate Ester Resin Market”
118 – Tables
139 – Figures
The cyanate ester resin market is marked by the presence of several big and small players. Some of the prominent players offering cyanate ester resin include Huntsman, Lonza, MGC, Tencate, Quingdao Fundchem and others.
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