Hexcel Corporation along with Spirit AeroSystems Europe has entered into a collaboration at its Aerospace Innovation Centre (AIC) to enhance aircraft manufacturing technologies for future aircraft production.
Lonza Group Ltd. has joined hands with Adva Biotechnology Ltd. which will enable the expansion of automated bioreactors globally.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4407
Published Date: Apr 13, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The expanding cyanate ester uses in several end-use industries and elevating demand for cyanate ester composites for high-temperature structural applications are the major factors driving the growth of the market.
The market size of cyanate ester resins is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023-2035.
The major players in the market are Lonza Group Ltd., Hexcel Corporation, Henkel AG & Co. KGaA, Argosy International Inc., Huntsman International LLC, Mitsubishi Gas Chemical Company Inc., Toray TCAC Holding B.V, Solvay Group, Novoset, LLC, TenCate Protective Fabrics.
The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.