Expoxy Resins for Resin Transfer Molding (RTM) market Cost Estimation, Growth Rate, Covid-19 Impact, Type, Applications
Market Overview The Expoxy Resins for Resin Transfer Molding (RTM) market has been gaining significant traction as industries increasingly adopt lightweight, high-performance composite materials. RTM is widely used in aerospace, automotive, wind energy, marine, and construction applications due to its ability to produce complex parts with excellent mechanical strength and dimensional stability. Epoxy resins play a critical role in this process because they provide superior adhesion, thermal resistance, and durability compared to alternative materials. The global Expoxy Resins for Resin Transfer Molding (RTM) market size is predicted to grow from US$ 236 million in 2024 to US$ 307 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030. Manufacturers are focusing on advanced formulations that improve flow properties and curing efficiency, making production faster and more cost-effective. As demand for fuel-efficient vehicles and sustainable manufacturing p...