Global Active Toughening Agent for Epoxy Resin Market Analysis, Drivers, Restraints, Opportunities, Trends, Applications, and Growth Forecast: 2018 to 2029
-
16161
-
May 2023
-
168
-
-
This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
-
“Global Active Toughening Agent for Epoxy Resin Market” is an upcoming report by MarketResearch.biz. The active toughening agent for epoxy resin market segmentation allows for deeper understanding and thought, to decisively assess, analyze, and study. Apart from revenues for global, regional, and country-wise segments, market revenue segmentation will be presented in a scrupulous manner for clear understanding and flow. The analysis will be conducted using expert opinions and inputs, as well as thorough primary and secondary research efforts to establish aspects of the active toughening agent for epoxy resin market. The global active toughening agent for epoxy resin market report will be segmented on the basis of product type, end-use industry as well as region and countries.
Overview:
Epoxy resins are used in the manufacture of plastics, adhesives, paints, primers & sealers, coatings, flooring as well as other products used in construction and building activities. An active toughening agent is a polymer material with active groups, which can participate in the curing reaction which increases the toughness of epoxy resin. Epoxy resins are manufactured by combining two chemicals – epicholorohydrin (ECH) and bispenol A (BPA).
Dynamics:
The construction of new infrastructure and the redevelopment of existing ones due to rapid urbanization is indirectly contributing to the rise in demand for epoxy resin products. This, in turn, is boosting the revenue growth of the global active toughnening agent for epoxy resin market.
An increase in the demand for consumer electronics products as well as in the automobile sector due to increasing disposable incomes are other factors that are positively influencing market growth. Once epoxy resin has been cured, it has been found to possess improved properties pertaining to thermal or high corrosion resistance, durability, and versatility. It is due to factors such as these that the demand for epoxy resins in industrial applications is steadily increasing.
However, the inconsistent costs associated with the raw materials required to manufacture this product as well as the hazardous risks associated with some of these toughnening agents may possibly restrain market growth in the coming years.
Market segmentation in terms of product type is as follows - Rubbery elastomer toughening agent, Thermoplastic resin toughening agent, hyperbranched polymer, core-shell latex polymer, and other toughening agent types. The thermoplastic resin toughening agent segment accounted for the majority revenue share and is expected to continue to do so over the next 10 years.
With respect to end-use industry segmentation, the building & construction segment accounted for the majority revenue share of the global active toughening agent for epoxy resin market.
Regional Analysis:
Regarding regions, the market in North America accounted for the majority revenue share of the global active toughening agent for epoxy resin market followed by Europe. This can be accredited to robust levels of industrialization in these respective regions.
Global Market Segmentation:
Global market segmentation, by Type:
- Rubbery elastomer toughening agent
- Thermoplastic resin toughening agent
- Hyperbranched polymer
- Core-shell latex polymer
- Other toughening agents
Global market segmentation, by End-Use Industry:
- Building & construction
- Automotive & transportation
- Electrical & electronics
- Marine
- Others
Global market segmentation, by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
-
- Huntsman Corporation
- China Petroleum & Chemical Corp
- Burj Al Salamiya Insulation & Paints LLC
- Solvay S.A
- Olin Epoxy (Olin Corporation)
- Wacker Chemie AG
- Jiangsu Sanmu Group Co Ltd.
- Dow Chemical Company Ltd.
- CVC Thermoset Specialties
- Kukdo Chemical Co. Ltd.
- Hexion Inc. (Hexion Holdings LLC)
Our Clients
View Our Licence Options
