Epoxy Resin Market expected to grow up to USD 8.77 Billion By 2021

in #epoxyresin7 years ago

 "Epoxy Resin Market by Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) - Global Forecast to 2021",is the report published by MarketsandMarkets, the market size is projected to reach USD 8.77 Billion by 2021 from the estimated USD 6.31 Billion in 2015, registering a CAGR of 5.77% between 2016 and 2021.

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Browse 134 market data Tables and 42 Figures spread through 179 Pages and in-depth TOC on "Epoxy Resin Market"

Target Audience:

  • Manufacturers of epoxy resin materials
  • Epoxy resins product fabricators
  • Manufacturers in end-use industries such as industrial, consumer, and transportation
  • Traders, distributors, and suppliers of epoxy resins
  • Regional manufacturers' associations and general epoxy resin associations
  • Government and regional agencies and research organizations

Solid epoxy resin is the fastest-growing segment in the overall epoxy resin market due to its increasing use in powder coating applications. The liquid epoxy resin segment accounts for the largest share of the overall market due to its wide range of applications.

Paints & coatings, adhesives & sealants, and composites are the major application segments of epoxy resins. Epoxy resins are widely used in paints & coatings application for its mechanical and protective properties. The epoxy resin market in the composites application segment is witnessing the highest growth.

Building & construction, automotive, large & heavy vehicles & railroads, general industrial, consumer goods, wind power, aerospace/aircraft, and marine are the end-use industries considered in this report. The building & construction industry is the largest consumer of epoxy resins. The dominance of the market by this end-use industry is attributed to the increasing investment in this sector. The aerospace sector is the fastest-growing end-use industry for epoxy resin. Infrastructural investment is growing in this industry, offering high growth prospects for the epoxy resin market.

Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), Kukdo Chemical Co. Ltd. (South Korea), Chang Chung Plastics Co. Ltd. (Taiwan), Aditya Birla Chemicals (Thailand), the 3M Company (U.S.), BASF SE (Germany), and Sinopec Corporation (China Olin Corporation (U.S.) are some of the major players in the global Epoxy Resin market profiled in this report.

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