A new research report by Transparency Market Research offers a comprehensive evaluation of the global Fire, Smoke, Toxicity Retardant (FST) Composite Resin Market. The study, titled “Fire, Smoke, and Toxicity Retardant (FST) Composite Resin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”, is available for sale on the firm’s website.
FST composite resins are materials that decreases the range of fire, smoke, toxic gases or postpones their access into sensitive regions. This group includes chemical agents as well as physically acting materials, e.g. fire-retardant gels, fire-fighting foams or cooling the fuels. They are called composite resins because one or more materials are mixed together to acquire the preferred properties in the end product. FST resins can be applied as coatings to an item. They have become a very distinguished in the fire retardant industry because of significance of prevention. In general, FST resins work either by starting a chemical reaction that ends the fire or by decreasing the flammability of items.
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FST resins are used in all areas to circumvent major damage. Particularly, they are very crucial in chemical laboratories and nuclear fields. Since they are offered in variety of types, they are usually used in all areas. The major advantages associated with FST composite resins’ are ultimate fire retardancy, low smoke emission and low smoke toxicity.
Phenolic prepregs are mainly used in those businesses that require FST properties, such as interior aircraft parts, e.g. side walls and flooring. Exceptional FST properties and high glass transition temperatures (>200oC) are offered by thermoplastic resins. Thus, they can be useful in thermally challenging applications. Laminates formed from cyanate ester or polyester prepregs are volatile-free and provide very low gas permeability. Epoxy resins are used when there is a requirement of heightened mechanical properties.
In pre-preg (pre-impregnated) composite fibers, matrix material (e.g. epoxy) is already present. Weave formation occurs in the fibers and the matrix functions as a medium that binds fibers and other components together during production. The matrix is only partially cured to allow easy handling.
The FST composite resin market is driven by defense, aerospace and transportation industries. Use of FST composite resin is increasing in interior application of rail and aircraft, which is a major driver responsible in growth of FST composite resin market. This is due regulatory authorities’ strict implementation of public safety protocols. It is expected that highest growth rate will be observed in aerospace and deference applications since there is increasing use of FST composites in the interior parts of commercial aircrafts. Federal Aviation Regulations (FAR) and EASA (European Aviation Safety Agency) are mandating the implementation of public safety protocols. Because of this, demand of FST composite in transportation and expected growth in aerospace and deference applications, the global market is driven forward.
Based on varying applications, FST composite resin market is segmented into : transportation, aerospace, defense, construction, etc. Based on the material used in FST composite resin, the FST composite resin market is segmented into : phenolic, thermoplastic, polyester, epoxy, etc.
In terms of value and volume, FST composite resin market is supposed to be dominated by North America. Some of the reasons for growth in this region are increasing manufacturing industries, developed environment for R&D and improvement of new product by several prominent companies. Increased use of FST composite resin in aerospace and transport sector along with U.S. possessing the largest aircraft manufacturer, the market is foremost in this region.
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Some of the key players include AOC LLC, Ashland Inc., BASF SE, BUFA Composite Systems GmbH & Co. KG, Hexion Inc., Huntsman International, Mäder, NORD Composites, Polynt, Reichhold LLC, SABIC, Scott Bader Company Limited.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
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