Lucintel’s latest market report analyzed that fire, smoke & toxicity retardant composite resin provides attractive opportunities in the building & construction, automotive & transportation, manufacturing, and energy applications. The fire, smoke & toxicity retardant composite resin market is expected to reach $1.58 billion by 2028 with a CAGR of 8.3%. In this market, phenolic is the largest segment by resin type, whereas automotive & transportation is largest by application.
Based on resin type, the fire, smoke & toxicity retardant composite resin market is segmented into phenolic, polyester, epoxy, thermoplastic, vinyl ester, and others. The phenolic segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the wide application of this resin in the construction of structural flooring, galley structures, internal wall panels, partitions, and ceiling panels for airplane cabins.
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The Fire, Smoke & Toxicity Retardant Composite Resin Market is marked by the presence of several big and small players. Some of the prominent players offering fire, smoke & toxicity retardant composite resin include Ashland, AOC, BASF SE, BUFA Composite Systems, and Hexion.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
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