Press release
Epoxy Resin Market Size, Trends & Demands 2018 | Top Manufacturers - Olin Corporation, Aditya Birla Chemicals, Kolon Industries, Inc, BASF SE, Ciech S.A, Huntsman International LLC and Spolchemie
Epoxy Resin Market is estimated to grow at CAGR of 5.24% to reach USD 10,620.5 million by the end of 2023
Get a Sample Report for Brief Overview @ https://www.marketresearchfuture.com/sample_request/1736
Latest Industry Trends and News:
Specialty chemical manufacture Hexion Inc. has recently unveiled a new high-performance epoxy dispersion “EPI-REZ™ Resin 7720-W-50” during the American Coating Show held in Indianapolis. The solid epoxy dispersion when mixed with EPIKURE™ Curing Agent 6870-W-53 can be used as an alternative to solvent-borne systems with VOC content below 50 grams/liter.
Morris based innovative epoxy resin maker EcoPoxy has reportedly received $ 167,000 in a combined state funding. This will help the company boost its packaging and testing procedures.
Global Market for Epoxy Resin – Segmental Analysis
On the Basis of Type, the market has been segmented into non-glycidyl epoxy and glycidyl epoxy. The later currently holds a dominant position in terms of market share. Glycidyl epoxy is used in a wide range of industries including building & construction and automotive. Therefore, the Glycidyl epoxy segment is expected to remain high attractive throughout the review period.
By Technology, the market has been segmented into solvent cut epoxy, waterborne epoxy, liquid epoxy and others. Among these, the liquid epoxy segment currently accounts for the largest share of the market and the trend is likely to continue to beyond 2018. At the same time, the waterborne epoxy segment is expected to witness a healthy growth during the forecast period.
Based on Application the market has been segmented into automotive & transportation, adhesives & sealants, building & construction, electrical & electronics, marine and others. Toward the end of 2023, the building & construction segmented is expected to surpass a market valuation of USD 2,900 Mn on the back of increased infrastructural development activities in various parts of the globe.
Regional Overview
On the Basis of Region, the global market for Epoxy Resin is segmented into Europe, Latin America, Asia Pacific, North America and the Middle East & Africa (MEA). Currently, Asia Pacific (APAC) commands for the highest share of the market and is likely to retain it top position over 2023. Rapid industrialization and growth in construction activities across the region is fueling the demand for various industrial materials including epoxy resin. In addition, growth of the consumer goods manufacturing sector is also favoring the APAC epoxy resin market. Meanwhile, North America, led by the US is the second largest market for Epoxy Resin, accounting for a significant market share. During the forecast period, the market in the region is projected to exhibit a healthy CAGR. Revival of the manufacturing sector in the US is providing an impetus to the region’s market. The market in LatAm is expected to soar at a relatively higher CAGR as countries Brazil, Chile, and Argentina implement new growth strategies in order to boost the region’s economy.
Global Market for Epoxy Resin – Competitive Dashboard
Some the key companies operating in the global market for Epoxy Resin include Aditya Birla Chemicals (India), BASF SE (Germany), Huntsman International LLC (U.S.), Spolchemie (Czech Republic), Olin Corporation (Olin) (U.S.), Ciech S.A (Poland), and Kolon Industries, Inc (South Korea).
Read More about Report @ https://www.marketresearchfuture.com/reports/epoxy-resin-market-1736
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Epoxy Resin Market Size, Trends & Demands 2018 | Top Manufacturers - Olin Corporation, Aditya Birla Chemicals, Kolon Industries, Inc, BASF SE, Ciech S.A, Huntsman International LLC and Spolchemie here
News-ID: 1119141 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Resin
Alkyd Resin Market
The "Alkyd Resin Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Alkyd Resin Market, 2024-2031
Verified Market Research's most recent report, "Alkyd Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Water Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, Hex …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Water Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.58% between 2024 and 2031. The market is expected to grow to USD 68 Billion by 2024. The valuation is expected to reach USD 199.02 Billion by 2031.
The market for water-based amino resin is expanding rapidly due to the growing…
Solvent Based Amino Resin Market Size, Share and Forecast By Key Players-BASF, A …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Solvent Based Amino Resin market is anticipated to grow at a compound annual growth rate (CAGR) of 16.57% between 2024 and 2031. The market is expected to grow to USD 45.6 Billion by 2024. The valuation is expected to reach USD 133.38 Billion by 2031.
The market for solvent-based amino resin is expanding significantly due to its extensive…
Alkyd Resin Market
According to the latest research report published by Market Data Forecast, the global alkyd resin market is expected to grow at a CAGR of 3.32% during the forecast period 2024-2029. The market value was at USD 2.89 billion in 2023, and the value is expected to reach USD 3.52 billion by the end of 2029.
Alkyd resin is the oil-modified complex polyester that acts as a film-forming agent in paints and…
Composite Resin
According to a new market research report published by Global Insight Services "Composite Resin Market" is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Download Sample of Report : https://www.globalinsightservices.com/request-sample/GIS20852
Composite resin…
Polyethylene Naphthalate Resin (PEN Resin) Market 2022 | Detailed Report
The research reports on "Polyethylene Naphthalate Resin (PEN Resin) Market" report gives detailed overview of factors that affect global business scope. Polyethylene Naphthalate Resin (PEN Resin) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download…
