A new report published by Transparency Market Research anticipates that the global cyanate ester resins market will grow remarkably during the forecast period i.e., 2018-2026, owing to the increasing demand for composite materials from various end-use industries. Besides offering exceptional toughness and strength with improved electrical properties, cyanate ester resins also offer lower moisture absorption compared to other resins.

Cyanate ester resins further provide high performance even at high temperature. Their performance is often compared to that of polyimide resins and bismaleimide.

Cyanate ester resins are used in a wide range of applications such as spacecraft, aircraft, antennae, microwave products, missiles, and microelectronics. Cyanate esters are made through the reaction of cyanic acid and bisphenol esters. This reaction forms cyclotrimerize to further produce triazine rings during a second cure.

Production of automotive has increased by 15% since 2010. Focus on reduction of vehicle weight to reduce CO2 emissions has been a key trend in the industry.

Automotive manufacturers and OEMs are constantly seeking innovative materials to curb vehicle weight and achieve fuel efficiency and carbon emission targets due to the implementation of stringent government regulations and environmental norms.

Global production of light vehicles increased to 50 million in 2015 from approximately 35 million in 2010, substantially propelling the development and consumption of advanced materials like composites in order to partially replace traditional materials like steel.

Cyanate ester resins are thermoset resins used to manufacture composites. These composites offer several structural and weight advantages compared to traditional steel and injection molded automotive parts.

They are used as raw materials to manufacture various structural, interior, exterior, and other automobile components, aircraft components, etc.

Cyanate ester resins offer high stiffness, tensile strength, temperature tolerance, and low weight and thermal expansion. Thus, they are preferred by component manufacturers.

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