Uploaded on Jun 26, 2020
The report “Epoxy Resin Market Share, Size, Trends, Industry Analysis Report By Raw Material (DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, Hardener); By Application (Paints & Coatings, Wind Turbine, Composites, Construction, Electrical & Electronics, Adhesives, and Others); By Regions, Segment Forecast, 2020 – 2026” gives insight into current market dynamics and provides analysis on future market growth.
Global Epoxy Resin Market size 2020-2026
Epoxy Resin Market
Set to Exceed $11.28 Billion By 2026 | CAGR 5.85%
“Epoxy Resin Market Share, Size, Trends, Industry Analysis
Report By Raw Material (DGBEA, DGBEF, Novolac, Aliphatic,
Glycidylamine, Hardener); By Application (Paints &
Coatings, Wind Turbine, Composites, Construction,
Electrical & Electronics, Adhesives, and Others); By
Regions, Segment Forecast, 2020 – 2026”
Epoxy Resin Market Estimate & Forecast to 2026
The global Epoxy Resin Market size is expected to reach USD 11.28 billion by 2026 according
to a new study by Polaris Market Research.
Epoxy resins are significant raw materials to various end-use chemical compounds where
each significant molecule is attributed a unique opportunity to convert to a useful
thermosetting product. The major end-user industries for epoxy resins include electronics
and paints and coatings followed by adhesives, composites, wind turbines and others. Epoxy
resins find extensive use in powder coatings applied to automotive and appliances parts, in
solvent-dipped coatings applied to substrates in corrosive environment and water-based
coatings as electrodepositing primers in automobiles.
Epoxy resins possess favorable properties such as high thermal stability, mechanical
strength, resistivity, adhesion, electrical, mechanical and heat resistance that makes it ideal
choice for use in laminates, jewelry and insulators. Epoxy coatings are widely known for
their use in manufacture of Printed Circuit Boards (PCB’s). The rapid conglomeration and
urbanization of the world has led to development of the electronics industry with
manufacture and design of such electronic products leading to growth of epoxy resins.
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Epoxy Resin Market Scope
By Type By Application Type By Region
•DGBEA •Paints & Coatings •North America (U.S., Canada)
•DGBEF •Wind Turbine •Europe (France, Germany, UK, Italy, Spain, Switzerland)
•Novolac •Composites •Asia Pacific (India, Japan, China, Korea)
•Aliphatic •Construction •Latin America (Mexico, Brazil)
•Glycidylamine •Electrical & Electronics •MEA (Turkey)
•Hardener •Adhesives
•Others
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Epoxy Resin Market Estimate & Forecast to 2026
High performance composite demand will be fueled by tremendous growth in the
commercial airplane market as well as emerging opportunities in applications such as wind
turbines and pressure vessels. However, the relatively high cost and labor-intensive
production of advanced composites will prevent these materials from penetrating into high
volume and price-sensitive markets.
Increasing composites demand from the automotive and aerospace industries particularly in
Europe and North America is expected to remain its key driving factor. Increasing fuel prices
coupled with stringent environmental regulations regarding vehicular emission has
increased the need of composite usage in the automotive industry. Rapidly growing
commercial aviation sector is expected to drive epoxy composites demand over the forecast
period.
The key leading players in the market include 3M, Aditya Birla Chemicals, Atul Ltd., BASF
SE, DuPont, Huntsman, Cytec Solvay Industries, Kikdo Chemicals, MPM Holdings, Olin
Corporation, Sika AG, Nan Ya Plastics Corporation, Jiangsu Sanmu Group, Jubail Chemical
Industries, Sinopec, Covestro AG, Arkema, Evonik Industries and SIR INDUSTRIALE S.p.A,
among others.
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Epoxy Resin Market Size – By Application
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Epoxy Resin Market Study – Engagement Options
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
Web: www.polarismarketresearch.com
Official Blog: https://cmfe-market-research-report.blogspot.com/
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