Global Epoxy Resin Market, 2015 – 2021

nancymoore

Epoxy resin is a thermosetting synthetic polymer having properties such as adhesive strength, luster, and hardness. Epoxy resins are available in the form of liquid as well as high viscosity solid.

Published By: Zion Market Research

Epoxy Resin Market will grow at 6.9% CAGR to exceed USD 11.22 Billion

by 2021

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Epoxy Resin Market

Zion Research has published a new report titled “Epoxy Resin Market, for Paints and

Coatings, Wind Energy, Composites, Construction, Electrical & Electronics and Other

Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016

2021”. According to the report, the epoxy resin market accounted for USD 7.54 Billion in

2015 and is expected to reach USD 11.22 Billion by 2021, growing at a CAGR of around

6.9% between 2016 and 2021.

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https://www.zionmarketresearch.com/sample/epoxy-resin-market

Epoxy resin is a thermosetting synthetic polymer having properties such as adhesive

strength, luster, and hardness. Epoxy resins are available in the form of liquid as well as

high viscosity solid. Epoxy resins are segmented on the basis of applications such as followpaints

& coatings, electrical & electronics, wind energy, construction, and composites.

The paints & coatings industry is the largest market for epoxy resins in terms of volume and

revenue. The market penetration can be attributed to demand from automotive, construction

and industrial applications. Epoxy resin-based paints and coatings are used in wall coatings

of food storage and manufacture, tank lining, swimming pools finishes, seal coats, wet

rooms, waterproofing and decorative finishes, and water treatment plants. Thus, the growing

paint & coating industry and the consequent demand for epoxy resins is expected to drive


Epoxy Resin Market

the demand for epoxy resins within the forecast period. Electrical and electronics segment

accounted for 34.0% share of the total global epoxy resin market in 2015, followed by paints

and coatings. Composites are expected to witness highest growth rate owing to increasing

demand for high strength lightweight composite materials from aerospace, automotive and

defense industries.

Browse detail report with in-depth TOC @

https://www.zionmarketresearch.com/report/epoxy-resin-market

In terms of geography, Asia-Pacific was the largest market for epoxy resin in the world due

to the increasing demand from paints & coatings and electrical & electronics industries. In

terms of revenue, Asia Pacific accounted for the major chunk of the total epoxy resin market

in 2015. Increasing automotive demand coupled with rapid infrastructure development is

expected to grow the demand for epoxy resin from India during the forecast period. Europe

was the second-largest consumer of epoxy resin in 2015. Moreover, Germany accounted for

30.0% market of the Europe epoxy resin market in 2015 and is expected to grow with the

highest rate in Europe.

Key players in the market include Huntsman Corporation, Dow Chemical Company,

Momentive Specialty Chemicals Inc., Nan Ya Plastic Corporation, Sika AG, Kukdo Chemical

Co. Ltd., Ashland Inc., Cytec, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling

Petrochemical and Spol Chemie.


Epoxy Resin Market

Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/epoxyresin-market

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Tel: +1-386-310-3803 GMT

+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)

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