[179 Pages Report] Epoxy Resin Market size was USD 6.31 billion in 2015 and is projected to reach USD 8.77 billion by 2021, at a CAGR of 5.77% during the forecast period. The growth of the market is triggered by high growth in various end-use industries such as building & construction, automotive, large & heavy vehicles and railroads, general industrial, consumer goods (including sporting equipment), wind energy, aerospace, and marine... The epoxy resin market is segmented on the basis of physical form, application, end-use industry, and region.

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Target Audience:

Manufacturers of epoxy resin materials
Epoxy resins product fabricators
Manufacturers in end-use industries such as industrial, consumer, and transportation
Traders, distributors, and suppliers of epoxy resins
Regional manufacturers' associations and general epoxy resin associations
Government and regional agencies and research organizations
Solid epoxy resin is the fastest-growing segment in the overall epoxy resin market due to its increasing use in powder coating applications. The liquid epoxy resin segment accounts for the largest share of the overall market due to its wide range of applications.

Paints & coatings, adhesives & sealants, and composites are the major application segments of epoxy resins. Epoxy resins are widely used in paints & coatings application for its mechanical and protective properties. The epoxy resin market in the composites application segment is witnessing the highest growth.

Building & construction, automotive, large & heavy vehicles & railroads, general industrial, consumer goods, wind power, aerospace/aircraft, and marine are the end-use industries considered in this report. The building & construction industry is the largest consumer of epoxy resins. The dominance of the market by this end-use industry is attributed to the increasing investment in this sector. The aerospace sector is the fastest-growing end-use industry for epoxy resin. Infrastructural investment is growing in this industry, offering high growth prospects for the epoxy resin market.

Asia-Pacific is the largest market for epoxy resin, followed by North America and Western Europe. The market in Asia-Pacific is estimated to record the highest CAGR during the forecast period. Most of the emerging economies are located in this region. Increasing industrialization and growing infrastructural development makes it an attractive market.

 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.

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