Global Epoxy Resin Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global Epoxy resin in its upcoming report titled, “Global Epoxy Resin Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global epoxy resin is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global epoxy resin market report has been segmented on the basis of form, application, end-user industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Epoxy is an adhesive derived from a class of synthetic thermosetting polymers containing epoxide groups. Epoxy resins are used as an insulation material for the electronics and electrical applications that require protection in dangerous and extreme environments as they have properties, such as excellent dielectric properties, high physical and mechanical strength, etc.
Rapid development in construction sector has boosted the demand for epoxy coatings, which is a major factor driving growth of the global epoxy resin market. In addition, rising demand from various end-use industries such as consumer goods, automotive, etc. is another factor expected to fuel growth of the global market to a significant extent over the forecast period. Moreover, increasing research & development activities towards production of modified resins is expected to create business opportunities for key manufacturers in the global market over the forecast period.
Fluctuating raw material prices is a major factor hampering growth epoxy resin market. In addition, environmental concerns related to epoxy decomposition is another factor restraining growth of the global market to a significant extent.
The Asia Pacific market dominates the global epoxy resin market in terms of revenue and is expected to maintain its dominance over the forecast period. Rapid development in consumer electronics industry and presence of major manufacturers are major factors driving growth of the Asia Pacific epoxy resin market. The Asia Pacific epoxy resin market is expected to witness highest growth in the global market and is projected to register a CAGR of XX.X% over the next 10 years. The Europe market accounts for considerable share in terms of revenue in the global market. The Europe epoxy resin market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period.
Global epoxy resin market segmentation:
Segmentation on the basis of form:
Segmentation on the basis of application:
- Paints & coatings
- Adhesives & sealants
Segmentation on the basis of end-use industry:
- Building & construction
- Automotive, large & heavy vehicles & railroads
- General industrial
- Consumer goods (including sporting equipment)
- Wind power
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Aditya Birla Chemicals
- Olin Corporation
- BASF SE
- Nan Ya Plastics Co. Ltd
- I. Du Pont De Nemours and Company
- Chang Chung Plastics Co. Ltd
- Momentive Specialty Chemicals Inc. – Hexion Inc.
- Kukdo Chemicals
- Huntsman Corporation
- Cytec Solvay Group
- GE Plastics
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