Epoxy Resin Market worth USD 8.77 Billion by 2021, registering a CAGR of 5.77% from 2016–2021


Posted January 2, 2019 by armaan007

Epoxy Resin Market expected to be worth USD 8.77 Billion by 2021, at a CAGR of 5.77%, from 2016–2021

 
 [179 Pages Report] The Global Epoxy Resin Market size was USD 6.31 Billion in 2015 and is projected to register a CAGR of 5.77%, by value, between 2016 and 2021. The market is driven by its increasing demand in various applications such as coatings, adhesives, and composites.

Request for free PDF sample report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=762

Paints & coatings is the biggest application segment for the epoxy resin market

The paints & coatings segment is the largest application and is projected to remain the same in the overall epoxy resin market, in terms of volume, during the forecast period. Economic expansion in the developing countries of Asia-Pacific will increase the demand of epoxy resin for paints & coatings application in building & construction and automotive end-use industries.

Building & construction sector expected to be the dominant end-use industry for epoxy resin

Increase in employment, increase in public & private non-residential spending, and rise of green building construction are driving the epoxy resin market in the building & construction end-use industry. Though the growth of this sector has slowed down, it would still provide opportunities for the growth of the epoxy resin market.

Asia-Pacific estimated to be the largest market during forecast period

Asia-Pacific is the largest market for epoxy resin, both in terms of volume and value, followed by North America and Western Europe. China, the U.S., and Germany are the largest producers of epoxy resins the respective regions. Building & construction is the largest consumer of epoxy resins materials in Asia-Pacific. China and Japan have the largest shares of the Asia-Pacific epoxy resin market. The market in India is witnessing the highest growth rate.

The key players in this market are Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), Kukdo Chemical Co. Ltd. (South Korea), Chang Chung Plastics Co. Ltd. (Taiwan), Aditya Birla Chemicals (Thailand), the 3M Company (U.S.), BASF SE (Germany), and Sinopec Corporation (China Olin Corporation (U.S.). These companies are expanding their epoxy resin business through innovations in products and increasing their market reach.

Early buyers will receive 10% customization on this report.

Don't miss out on business opportunities in Epoxy Resin Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=762

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Markets and Markets
Country India
Categories Aerospace , Construction , Energy
Tags epoxy resin , epoxy resin manufacturers , epoxy resin market , epoxy resin market applications , epoxy resin market end use industry
Last Updated January 2, 2019