The Global Epoxy Resin Market report 2018-2027, has been prepared By MarketResearch.Biz, based on a deep market analysis with inputs from industry experts. This report covers the market landscape, size, key players, segmentation, production, revenue and its growth prospects for the upcoming years.
Epoxy is an adhesive derived from a class of synthetic thermosetting polymers containing epoxide groups. Epoxy resins are used as an insulation material for the electronics and electrical applications that require protection in dangerous and extreme environments as they have properties, such as excellent dielectric properties, high physical and mechanical strength, etc.
Epoxy Resin Market Outlook:
Rapid development in the construction sector has boosted the demand for epoxy coatings, which is a major factor driving the growth of the global epoxy resin market. In addition, rising demand from various end-use industries such as consumer goods, automotive, etc. is another factor expected to fuel the growth of the global market to a significant extent over the forecast period. Moreover, increasing research & development activities towards the production of modified resins are expected to create business opportunities for key manufacturers in the global market over the forecast period.
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Segmentation on the basis of the form:
Segmentation on the basis of application:
- Paints & coatings
- Adhesives & sealants
Segmentation on the basis of the end-user industry:
- Building & construction
- Automotive, large & heavy vehicles & railroads
- General industrial
- Consumer goods (including sporting equipment)
- Wind power
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Epoxy Resin Market by Region:
The Asia Pacific market dominates the global epoxy resin market in terms of revenue and is expected to maintain its dominance over the forecast period. Rapid development in consumer electronics industry and presence of major manufacturers are major factors driving the growth of the Asia Pacific epoxy resin market.