THERMOSETTING PLASTICS MARKET ANALYSIS

Regional Analysis

Global Thermosetting Plastics Market: Regional Insights

Based on geography, the global thermosetting plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific is expected to be the largest market in the global thermosetting plastics market in the future owing to increasing industrialization, rapid economic development and rising population. The growth of the market is also anticipated to be fueled by the growing government spending in the region, increasing awareness about environmental and social benefits, and rise in the number of commercial real estate projects.

North America is projected to be the second-largest market owing to an increased demand for housing and commercial complexes in the region. The growing construction industry and the increased focus of the government on building smart cities will also propel the regional market growth.

Europe is estimated to be the third-largest market. The increase in the amount of disposable income and the growing consumer base are key factors driving market growth in this region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East