Global Cyanate Ester Resin market revenue was forecasted to reach 232.07 Million USD in 2022, with a forecast CAGR of 6.35% in 2017-2022

Description :

Cyanate Ester Resin production market is relatively concentrated. North America and Europe are the major production areas as well as the leading consumption market. However, small players in other areas like China are growing slowly in recent years, and they are seeking ways to enter into the global market.
 
2. Global total consumption volume has reached 4529 MT in 2016, with CAGR of 4.83% in 2012-2017, market revenue was forecasted to reach 232.07 Million USD in 2022, with a forecast CAGR of 6.35% in 2017-2022. Europe, USA, Korea and Taiwan are the biggest consumption areas,
 
3. Raw material cost is the biggest cost section for cyanate ester resin manufacturing. cyanate ester compound, the main direct upstream material, are mostly supplied by Cyanate Ester Resin producer themselves. Huntsman, Lonza, TenCate, Cytec and Hexcel are the leading players in global market, Techia Corporation and Jiangdu Maida Group are key players in China production market.
 
4. Price of Cyanate Ester Resin fluctuated obviously in 2012-2017, due to the upward trend of raw material prices and R & D expenditure, the Cyanate Ester Resin price is forecasted to keep a growing trend in next few years.
 
                                               
                                               
 
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