Epoxy Resins Market
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<strong>Epoxy</strong> <strong>Resins</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Epoxy</strong> <strong>Resins</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020<br />
The global epoxy resins market has generated substantial demand in the past few years. The increasing<br />
demand for epoxy resins from fields such as aerospace, wind energy, and paints and coatings is the primary<br />
growth driver for this market. According to a research report by Transparency <strong>Market</strong> Research, the global<br />
epoxy resins market was valued at US$6.6 bn in 2013 and is expected to reach US$10.5 bn by 2020. This<br />
growth, at a CAGR of 6.90% between 2014 and 2020, will mainly be propelled by to the aerospace industry’s<br />
demand for epoxy resins as raw materials for manufacturing aircrafts. These thermosetting polymers belong to<br />
the epoxide functional group and are used on a large scale in the paints and coatings industry. Thus, as the<br />
construction industry grows, it will boost the demand for paints and coatings. The global epoxy resins market<br />
also has a huge opportunity of developing bio-based epoxy resins in the next few years.<br />
Browse Full Global <strong>Epoxy</strong> <strong>Resins</strong> <strong>Market</strong> Report With Complete TOC :<br />
http://www.transparencymarketresearch.com/epoxy-resins-market.html<br />
The global epoxy resins market is segmented on the basis of application and region. The application of epoxy<br />
resins is seen in paints and coatings, composites, wind energy, construction, adhesives, electrical and<br />
electronics, and others such as metal protection, vinyl gloves, handbags, eyeglasses and plastic tooling.<br />
Regionally, this market is segmented into Europe, North America, Rest of Asia Pacific, and Rest of the World.<br />
Paints and Coatings to Remain the Largest Segment of the Global <strong>Epoxy</strong> <strong>Resins</strong> <strong>Market</strong><br />
The paints and coatings segment generated the largest volume and revenue in the global epoxy resins market<br />
in 2013. In the same year, this segment held 42% of the global epoxy resins market and is expected to<br />
continue its dominance in the future as well. The primary growth driver of this segment is the rising demand for<br />
paints and coatings that come with improved durability. Rising demand from major end-use industries such as<br />
building and construction, automotive, and marine is also expected to drive the demand for the paints and<br />
coatings segment of the global epoxy resins market.<br />
Transparency <strong>Market</strong> Research<br />
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