Recyclable Thermoset Market Overview
The global recyclable thermoset market is estimated to reach $987.9 million in 2031, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 7.01% during the forecast period 2022-2031.
The growth of the recyclable thermoset market is expected to show high growth in the forecast period from 2022-2031. The demand for recyclable thermosets is increasing owing to strict environmental regulations and circular economy policies.
USP of the Report
• Technological outlook, detailed Porter’s Five Force Analysis, value chain analysis, new policies for recycling, opportunity analysis by companies, product life cycle analysis for major applications, and comparative analysis of technologies for the recyclable thermoset market
• Market ranking analysis based on product portfolios, recent developments, and regional spread
• Patent analysis, start-up landscape, including product adoption scenario.
Analyst Perspective
According to Pooja Tanna, Lead Analyst of the report, “Increasing awareness about the circular economy and environmental concerns is driving the development of more sustainable ways in the recycling of plastics. Although thermoset is a hard-to-recycle plastic, the adoption of this advanced recycling technology is limited to developed regions. The recyclable thermoset market is expected to witness a significant boost owing to the increasing focus of various countries and companies toward sustainability. Chemical recycling can be the best option for recycling thermosets, but the commercialization of these processes is limited due to its high cost when compared to virgin materials.”
Key Companies Operating in The Market
Key players in the global recyclable thermoset market analyzed and profiled in the study involve recyclable thermoset providers. Moreover, a detailed competitive benchmarking of the players operating in the global recyclable thermoset market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
The key players profiled in the report include Mallinda Inc., MCR Mixt Composites Recyclables, INTCO Recycling Group, Adesso Advanced Materials Inc., Aditya Birla Chemicals, GAIKER Technology Center, Mobius Technologies GmbH, The Dow Chemical Company, BASF SE, ENSO Plastics, PolyCeramX, EcoActiv Pty Ltd, SPERO RENEWABLES, Northstar Recycling Company, Inc., and Gr3n Recycling.
Key Questions Answered in the Report/h3>
• What are some of the major factors and trends that are driving the recyclable thermoset market?
• How has COVID-19 impacted the consumption/production of the recyclable thermoset market globally?
• Which are the leading applications that are rapidly adopting recyclable thermosets, and who are the key manufacturers/suppliers in the recyclable thermoset market in each country or region?
• What are the latest developments in various countries for the growth of recyclable thermosets, and which are the key startups that are focusing on the development of recyclable thermosets?
• What are the various governmental regulations/initiatives that have increased the adoption of recyclable thermosets?
• What are the major technologies used in recyclable thermosets?
• What are the product life cycle progression stages of a product for major applications?
• What are the major opportunities with respect to the companies that are providing growth to the market?