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Global Epoxy Resins Market 2021 is expected to register a CAGR of 6.81%, during forecast period with Impact of Covid 19 Analysis

Epoxy

Global “Epoxy Resins Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Epoxy Resins in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Epoxy Resins Market report categorizes the market based on manufacturers, regions, type, and application. Epoxy Resins Market reports offer a detailed assessment of the Epoxy Resins including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Epoxy Resins market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global epoxy resin market is expected to witness a CAGR of 6.81% during 2018-2023 (the forecast period). Currently, China dominates the global market in terms of volume and accounted for about 45% of the global share in 2017. In North America, the growing demand for epoxy resins-based composites from the aerospace industry is expected to drive the market growth.

Electrical and Electronics Industry to Drive the Demand for Epoxy Resins

Epoxy resin is extensively used as an insulation material for the electronics and electrical applications that require protection in extreme and dangerous environments (such as, chemical plant equipment, deep sea, and engine management), owing to the properties, such as high physical and mechanical strength, good dimensional stability, excellent dielectric properties, etc. It is used to keep generators, switches, transformers, and motors dry, clean, and free of shorts. Increasing rate of consumption of electrical and electronics equipment on commercial scale in China and India is expected to drive the demand for epoxy resins.

Paints & Coatings Industry to Dominate the Epoxy Resins Market

Epoxy resins have a wide range of applications in the industry. Its properties have made it valuable in the paints & coatings industry. It provides two basic advantages, which include decoration and protection. There are various types of paint and coatings used by industries for different purposes. These are anti-corrosive primers, primer tie coats, primer finishes, abrasion resistant coatings, and chemical, heat and fire resistant coatings. Similarly, epoxy floor paints and sealants are some other products that are used as coatings on the floor, in order to make it decorative and durable. The global residential sector is growing consistently, with the recovering construction in Europe and increasing investments by the Indian and Chinese governments. Asia-Pacific leads the global epoxy resins market in the paints & coatings segment, accounting for over 40% of the share.

Asia-Pacific to be the largest Consumer of Epoxy Resins

In 2017, Asia-Pacific was the largest market for epoxy resins, with a share of about 65%. The market is mainly driven by industrialization, the growing consumer class of people, etc. In Asia-Pacific, the leading market for epoxy resins is the paints & coatings industry, among all the other applications, owing to the presence of five big companies, namely, Nippon paints, AkzoNobel, Kansai paint, PPG, and Asian Paints. Thus, Asia-Pacific is a major market for epoxy resins.

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The global Epoxy Resins market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Epoxy Resins Market Report covers the Top Key-players in 2021:-

  • 3M Company
  • Aditya Birla Chemicals
  • BASF SE
  • Chang Chun Plastics Co
  • Ltd.
  • Covestro
  • Daicel Corporation
  • DowDuPont
  • Huntsman Corporation
  • Jiangsu Sanmu Group
  • Kukdo Chemicals Co. Ltd
  • Leuna-Harze GmbH
  • Momentive Specialty Chemicals Inc. – Hexion
  • Nama Chemicals
  • Nan Ya Plastics Corp.
  • Oilin Corporation
  • Sika AG
  • Sinopec Baling Co.
  • Solvay Group
  • Spolchemie As

Highlighted points of Epoxy Resins Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Epoxy Resins Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Epoxy Resins? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Epoxy Resins Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Epoxy Resins Market? What Was Capacity, Production Value, Cost and PROFIT of Epoxy Resins Market?
  • What Is Current Market Status of Epoxy Resins Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Epoxy Resins Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Epoxy Resins Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Epoxy Resins Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Epoxy Resins Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Epoxy Resins Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Epoxy Resins Industry?

Key Developments in the Epoxy Resins Market:
Sep 2017: BASF built a new specialty amines plant in Nanjing Chemical Industry Park in China.
Feb 2017: BASF entered a partnership with Grolman, to strengthen the marketing of amine-based curing agents for the epoxy resin production

Reasons to Purchase this ReportCurrent and future of the epoxy resins market in the developed and emerging marketsVarious perspectives of the market with the help of Porter’s five forces analysisThe segment that is expected to dominate the marketRegions that are expected to witness the fastest growth rates during the forecast periodIdentify the latest developments, market shares, and strategies that are employed by the major market players3 months analyst support, along with the Market Estimate sheet (in Excel).

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Finally, the report Global Epoxy Resins Market 2021 describes the Epoxy Resins industry expansion game plan, the Epoxy Resins industry knowledge supply, appendix, analysis findings, and the conclusion.

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