Global Epoxy Resin Market, 2015 – 2021
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 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.
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Epoxy</strong> <strong>Resin</strong> <strong>Market</strong> will grow at 6.9% CAGR to exceed USD 11.22 Billion<br />
by <strong>2021</strong><br />
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<strong>Epoxy</strong> <strong>Resin</strong> <strong>Market</strong><br />
Zion Research has published a new report titled “<strong>Epoxy</strong> <strong>Resin</strong> <strong>Market</strong>, for Paints and<br />
Coatings, Wind Energy, Composites, Construction, Electrical & Electronics and Other<br />
Applications: <strong>Global</strong> Industry Perspective, Comprehensive Analysis, and Forecast, 2016 <strong>–</strong><br />
<strong>2021</strong>”. According to the report, the epoxy resin market accounted for USD 7.54 Billion in<br />
<strong>2015</strong> and is expected to reach USD 11.22 Billion by <strong>2021</strong>, growing at a CAGR of around<br />
6.9% between 2016 and <strong>2021</strong>.<br />
Request Free Sample Research Report @<br />
https://www.zionmarketresearch.com/sample/epoxy-resin-market<br />
<strong>Epoxy</strong> resin is a thermosetting synthetic polymer having properties such as adhesive<br />
strength, luster, and hardness. <strong>Epoxy</strong> resins are available in the form of liquid as well as<br />
high viscosity solid. <strong>Epoxy</strong> resins are segmented on the basis of applications such as followpaints<br />
& coatings, electrical & electronics, wind energy, construction, and composites.<br />
The paints & coatings industry is the largest market for epoxy resins in terms of volume and<br />
revenue. The market penetration can be attributed to demand from automotive, construction<br />
and industrial applications. <strong>Epoxy</strong> resin-based paints and coatings are used in wall coatings<br />
of food storage and manufacture, tank lining, swimming pools finishes, seal coats, wet<br />
rooms, waterproofing and decorative finishes, and water treatment plants. Thus, the growing<br />
paint & coating industry and the consequent demand for epoxy resins is expected to drive
<strong>Epoxy</strong> <strong>Resin</strong> <strong>Market</strong><br />
the demand for epoxy resins within the forecast period. Electrical and electronics segment<br />
accounted for 34.0% share of the total global epoxy resin market in <strong>2015</strong>, followed by paints<br />
and coatings. Composites are expected to witness highest growth rate owing to increasing<br />
demand for high strength lightweight composite materials from aerospace, automotive and<br />
defense industries.<br />
Browse detail report with in-depth TOC @<br />
https://www.zionmarketresearch.com/report/epoxy-resin-market<br />
In terms of geography, Asia-Pacific was the largest market for epoxy resin in the world due<br />
to the increasing demand from paints & coatings and electrical & electronics industries. In<br />
terms of revenue, Asia Pacific accounted for the major chunk of the total epoxy resin market<br />
in <strong>2015</strong>. Increasing automotive demand coupled with rapid infrastructure development is<br />
expected to grow the demand for epoxy resin from India during the forecast period. Europe<br />
was the second-largest consumer of epoxy resin in <strong>2015</strong>. Moreover, Germany accounted for<br />
30.0% market of the Europe epoxy resin market in <strong>2015</strong> and is expected to grow with the<br />
highest rate in Europe.<br />
Key players in the market include Huntsman Corporation, Dow Chemical Company,<br />
Momentive Specialty Chemicals Inc., Nan Ya Plastic Corporation, Sika AG, Kukdo Chemical<br />
Co. Ltd., Ashland Inc., Cytec, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling<br />
Petrochemical and Spol Chemie.
<strong>Epoxy</strong> <strong>Resin</strong> <strong>Market</strong><br />
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Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
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