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Thermosets
Thermoset plastics do not melt or soften with heat. Thermoset plastics are machinable with traditional tools as well as laser and water-jet tooling. Thus, an infinite number of shapes & parts can be fabricated. Thermoset plastics are inexpensive and lightweight, resulting in ease of replacing metals & other heavy materials.
Thermoplastics
Thermoplastics do soften with heat and can loose their shape and rigidity. Some thermoplastics can be remolded and recycled. Mold costs to form shapes are expensive. High temperature thermoplastics typically cost more than thermosets.
Thermoset Renaissance
Thermoset plastics are currently enjoying a renewal of interest as a new generation of designers find new applications for this amazing material. Some industries that make use of thermosets include: Machinery Automobile manufacturing Aviation Chemical Laser & magnetic applications Electronics Energy