11-Jun-2021 | Zion Market Research
The global Epoxy Resin Market accounted for USD 8.5 Billion in 2020 and is expected to reach USD 14.7 Billion by 2028, growing at a CAGR of around 6.8% between 2021 and 2028.
The report covers forecast and analysis for the epoxy resin market on a global and regional level. Epoxy resin is the thermosetting synthetic polymer having properties such as adhesive strength, luster, and hardness. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on both revenue (USD Billion) and volume (Kilo tons). The study includes drivers and restraints for the epoxy resin market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the epoxy resin market on a global level.
In order to give the users of this report a comprehensive view on the epoxy resin market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the epoxy resin market has also been included. The study encompasses a market attractiveness analysis, wherein applications segments are benchmarked based on their market growth rate, size, and general attractiveness.
The study provides a decisive view on the epoxy resin market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2028. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.
In terms of topography, Asia Pacific was the biggest area for global epoxy resin market in the globe owing to the risings requirement from coatings & paints as well as electronics & electrical sectors. In terms of income, Asia Pacific added up for a huge piece of the global epoxy resin market in 2020. Rising automotive demand paired with speedy infrastructure growth is likely to increase the requirement for global epoxy resin market from India in the years to come. Europe was the second-biggest user of global epoxy resin market in 2020. In addition to this, Germany added up for 29.0% of the global epoxy resin market in Europe in 2020 and is likely to develop with the uppermost rate in Europe.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global epoxy resin market. 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.
Browse the full “Epoxy Resin Market by Application (Paints & Coatings, Wind Energy, Composites, Construction, Electrical & Electronics and Other): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/epoxy-resins-market
The report segments global Epoxy Resin market as follows:
The global Epoxy Resin Market is segmented as follows:
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