Global Recyclable Thermoset Market 2017-2026: Market Anticipated to Reach $704.1 Million

5/10/2018, 11:00 AM (Source: GlobeNewswire)

Dublin, May 10, 2018 (GLOBE NEWSWIRE) -- The "Global Recyclable Thermoset Market: Focus on Technology: Mechanical Recycling, Energy Recovery, Feedstock Recycling & End-User Industry: Construction, Automotive, Power Generation, Electrical & Electronics, Others - Analysis & Forecast (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Global Recyclable Thermoset Market Anticipated to Reach $704.1 Million by 2026

Finding ways to deal with the ever-increasing amount of difficult to recycle waste especially after the ban on waste import in China combined with the strict landfill reduction laws in European countries has caused an upsurge in the global recycling market. Development of new technologies by companies to improve the recyclability of thermosetting materials and the financial backing they receive in the form of several rounds of funding has propelled the market for recyclable thermoset market to grow. Thermoset waste can be either end-of-life waste or it can be production scrap.

Growth in the recyclable thermoset market is directly dependent on the improvement in quality of the recycled material. For the manufacturers to utilize recycled thermoset materials in their products, they must find the materials valuable enough to invest in them. Thus, companies have entered the market with new and improved technologies which yield recycled materials that have properties comparable with the virgin material. New avenues like coprocessing of waste thermoset composites in cement kilns have also been promoted as they offer a better alternative to simple incineration.

While recycling of thermoset materials to retrieve high quality, monomers remains in the development stage, the adoption of coprocessing as a fast and effective technology for recycling of thermosets has been fast. European countries which are focused on utilizing wind power for reducing their dependence on conventional sources of energy, produce end-of-life wind turbine blades which are recycled using coprocessing in cement kilns. China and India being the largest producers of cement globally, hold huge potential for the recycling of thermosetting waste using this technology.

Companies like Connora Technologies, Adesso Advanced Materials, and Mallinda LLC, among others have developed chemical processes to make thermosets completely recyclable. The technologies developed by these companies hold huge potential to cause disruption in the materials market. They provide an effective and complete solution to the problem of recycling of thermosets. These companies have attracted interest from leading manufacturers across different industries and have also received financial backing in the form of funding which helps them commercialize their product. The two new recyclable thermosets developed by IBM Research namely, polyhexahydrotriazine (PHT) and poly hemiaminal are also attracting interest from various companies willing to use them commercially.

Key Topics Covered:

Executive Summary

1 Report Methodology & Scope
1.1 Report Scope
1.2 Global Recyclable Thermoset Market Research Methodology

2 Market Dynamics
2.1 Drivers
2.1.1 Government Initiatives to Reduce Landfill
2.1.2 Development of New Technologies and Materials
2.1.3 Funding Received by Companies
2.2 Restraints
2.2.1 Lack of Profitability in the Recycling Process
2.2.2 Lack of Quality Standards
2.3 Opportunities
2.3.1 Venturing into New End-User Applications
2.3.2 Partnering with Carbon Fiber Recycling Companies

3 Competitive Landscape
3.1 Key Market Developments & Strategies
3.1.1 Business Expansion
3.1.2 Partnerships, Collaborations & Joint Ventures
3.1.3 Product Launches
3.1.4 Others (Awards, Recognitions and Conferences)

4 Industry Analysis
4.1 Supply Chain Analysis
4.2 Regulations
4.3 Consortiums & Associations
4.4 Opportunity Matrix
4.5 Country Share Analysis
4.6 Industry Attractiveness

5 Global Recyclable Thermoset Market by Technology
5.1 Assumptions for Analysis and Forecast of the Global Recyclable Thermoset Market
5.2 Limitations for Analysis and Forecast of the Global Recyclable Thermoset Market
5.3 Market Overview
5.4 Mechanical Recycling
5.5 Feedstock Recycling
5.6 Energy Recovery

6 Global Recyclable Thermoset Market by Resin Type
6.1 Unsaturated Polyester (UPR)
6.2 Epoxy
6.3 Phenol Formaldehyde (Phenolic)
6.4 Polyurethane
6.5 Others

7 Global Recyclable Thermoset Market by End-User Industry
7.1 Construction
7.2 Automotive
7.3 Power Generation
7.4 Electrical & Electronics
7.5 Others

8 Global Recyclable Thermoset Market by Region

9 Company Profiles

  • Adesso Advanced Materials Inc
  • Aditya Birla Chemicals
  • Connora Technologies
  • Demacq Recycling Composiet
  • ECO-WOLF INC
  • Fraunhofer Institute for Applied Polymer Research
  • GAIKER-IK
  • IBM Corporation
  • INTCO Recycling
  • MCR Mixt Composites Recyclables
  • Mallinda, LLC
  • Mobius Technologies GmbH
  • neocomp GmbH
  • Northstar Recycling
  • Syngas Products Group Limited

For more information about this report visit https://www.researchandmarkets.com/research/mgmmhc/global_recyclable?w=12



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