"According to a new country report published by Lucintel, the future of automotive thermoset resin composites market in the United States looks good with opportunities in interior, exterior and others components. The automotive thermoset resin composites market in the United States is primarily driven by increasing automotive production and growing demand for lightweight and durable materials due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions.

This report studies factors affecting the automotive thermoset resin composites market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that exterior component is expected to be the largest market and expected to show the highest growth rate during the forecast period of 2020 to 2025. Within the automotive thermoset resin composites market in the United States, sheet molding Compound/bulk molding compound (SMC/BMC), phenolic molding compound (PMC), and others are the major intermediate materials to manufacture automotive parts. SMC/BMC is expected to remain the largest market by value and volume, mainly driven by lowering the weight of the vehicle as well as offering parts consolidation, corrosion resistance, and lower capital investment for shorter series production.

Emerging trends, which have a direct impact on the dynamics of the automotive thermoset resin composites industry, include development of rapid cure resin systems, emergence of bio based thermosets, and increasing use of Fire, Smoke, and Toxic (FST) resin.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive thermoset resin composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Thermoset Resin in the Automotive Composites Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive thermoset resin composites market in the United States by components, application, intermediate material type, and resin type as follows:

Automotive thermoset resin composites market by Automotive Components (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Interior
• Exterior
• Others

Automotive thermoset resin composites market by Automotive Applications (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Pickup box
• Closer panel
• Body panel
• Fenders
• GOR
• Heat Shield
• Headlamp reflectors
• Others

Automotive thermoset resin composites market by Material Type (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Sheet Molding Compound(SMC)
• Bulk Molding Compound(BMC)
• Short Fiber Thermoset (SFT)
• Phenolic Molding Compound (PMC)
• Others

Automotive thermoset resin composites market by Resin Type (Value ($M) and Volume (M lbs) from 2014 to 2025):
• Polyester
• Vinylester
• Phenolic
• Epoxy
• Polyurethane

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-thermoset-resin-in-the-automotive-composites.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "