FMI conducts interviews with industry

Cyanate Ester Resins Market Analysis

All such aspects of cyanate ester resins are anticipated to pave the space for vigorous growth of the market in the coming years.However, limited application and presence of various alternatives in the form of epoxy resins being act as challenges for the cyanate ester resins market growth in the upcoming years.

Cyanate Ester Resins Market: Regional Outlook

Worldwide, the global cyanate ester resins market is expected to register robust growth during the foreseen trajectory. North America is expected to account for dominating share in the global cyanate ester resins market. Growing R&D investment in the aerospace and defense industry to develop various innovative and advanced materials to reduce overall weight and increase thermal stability of the aircraft and spacecraft.

Technological advancement in electronics could benefit the cyanate ester resins market in the European region. Moreover, the Asia Pacific is expected to witness exponential growth in the global cyanate ester resins market in the coming years.

Owing to the launch of various defense aircraft development and space exploration programs in emerging economies such as China and India are likely to accelerate cyanate ester resins demand in the near future.