Recyclable Thermosets Market: What Will Be The Future Growth Opportunities?

Acid based reversibility of PHTs allows it to become the first class of easily recyclable thermosets market. Ability to completely depolymerize PHT opens up new avenues of applications such as recyclable or reworkable encapsulates which are explored widely for high value components recovery like microelectronics. This factor can represent cost savings in numerous high value applications where as single component defect can result in entire part or material being scrapped. The complexity of earlier materials makes the component difficult to repair by preventing their removal.

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End-use industries such as automobiles, aerospace and electronics can benefit from PHT usage in manufacturing devices and parts owing to recyclability, strength, solvent resistance and lightweight structure.

Automobile industry could benefit to build lightweight vehicle which are useful in improving fuel efficiency and curbing carbon emissions. Countries such as China, India, Indonesia and Thailand are likely to scale up automobile production capacity owing to population expansion and rise in spending capacity. Introduction of new vehicles by substituting metal parts with plastic components is new trend in the industry which can provide new growth opportunities for recyclable thermosets market. PHT can be used in automobile applications such as hoods, exterior trims and panels.

recyclable thermosets market size is likely to exceed 102 million tons by 2016. Key materials include phenol formaldehyde (PF), epoxy/polyexpoxide resins, UPR (unsaturated polyester resins) and polyurethanes (PU). Recycling of these materials can be done through techniques such as mechanical, feedstock and energy recovery.

Asia Pacific recyclable thermosets market size was the largest and is also expected to witness highest gains at over 11% up to 2023 owing to growth of end-use industries such as automobile and construction. North America is expected to witness significant gains at over 10% from 2016 to 2023 owing to government regulations over automobile weight reduction by 2020.

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At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the recyclable thermosets market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

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Aerospace industry can use PHT for development of tails and wings used for both, personal and commercial aircraft. PHT, combined with PHA, could be used for adhering aircraft pieces exposed to high speeds and harsh environmental conditions. Semiconductor industry could use it making transistors and chips. This would help the manufacturers to rework on defective electronics rather than scraping the equipment.

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