Press release
Flexible Epoxy Resin Market Analysis, Key Growth Drivers, Challenges, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2023
Flexible Epoxy Resin Market Research Report – Forecast to 2023
Flexible epoxy resins are manufactured by incorporating large groups in the molecular chain, which increase distance between crosslinks. These resins offer excellent flexible toughness, high bonding properties, fast curing, durability, moisture resistant reliability, and chemical resistance. They lack hydrolytic stability and strength, therefore, are blended as modifiers with other epoxy resins.
Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6009
The growing demand for flexible epoxy resin from the paints & coatings application is driving the growth of the global flexible epoxy resin market. This is attributed to the superior properties that they offer such as high chemical resistance, low viscosity, high durability, and others. These properties are usually used in floor coating, storage tank linings, primer, and binder coating.
The global flexible epoxy resin market is driven by the increased product demand as composites from construction activities across the globe. Rapidly growing industrialization in countries such as India, China, the UAE, and Saudi Arabia is expected to boost the product demand over the forecast period. The product demand from the automotive industry is increasing on account of various properties such as moisture & chemical resistance, flexible toughness, and durability.
Furthermore, these properties are also beneficial in the manufacturing of electrical systems & electronics, which is likely to drive the global market during the assessment period. However, stringent regulations regarding control of VOC emissions such as National Emission Standards for Hazardous Air Pollutants (NESHAP) by the U.S. Environmental Protection Agency, and aggressive regulations for air pollutants by the California Air Resources Board (CARB) may challenge the market growth.
Nevertheless, some of the development trends in the market observed are a product launch, merger, expansion, and others. For instance, Hexion launched a new specialty epoxy resin system EPIKOTETM Resin TRAC 06605 for styrene-free and sheet molding compound manufacturing of high-performance automotive composites at JEC World 2017 composites event in Paris. This product is used to produce lightweight automotive composite parts such as floors, electrical vehicle battery enclosures, spare wheel tubs, seat structures, hood inners, and others, which has low VOC emissions.
Regional Analysis
The global flexible epoxy resin market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia Pacific was dominating the global flexible epoxy resin market in 2016 owing to the high demand from major end-use industries such as paints & coatings, automotive, and construction in countries such as Japan, India, China, and others.
North America was the second largest region in the global flexible epoxy resin market in 2016 on account of the high demand from the military & defense and automotive industries. The reconstruction activities in the region is another factor driving the market growth.
The European market is expected to grow rapidly due to high product demand from the manufacturers of various automotive parts in the region, especially in Western European countries such as Germany, U.K, France, and others.
Latin America is projected to witness a considerable growth due to growing automotive sector in Mexico.
The construction boom in the GCC countries along with the rapid industrialization is expected to fuel the product demand in the Middle East & Africa.
Segmentation
The global flexible epoxy resin market is segmented on the basis of the type, application, end-use industry, and region.
On the basis of the type, the global flexible epoxy resin market is segmented into urethane modified, rubber modified, and dimer acid.
Based on the application, the market is segmented into the primer, composites, adhesives, semiconductors, electrical laminates, and others.
The market is segmented on the basis of end-user industry into paints & coatings, construction, automotive, electrical & electronics, military & defense, and others.
Browse Full Report @ https://www.marketresearchfuture.com/reports/flexible-epoxy-resin-market-6009
Key Players
Some of the manufacturers operating in the global flexible epoxy resin market are Olin Corporation (U.S.), Hexion (U.S.), Kukdo Chemical Co., Ltd. (South Korea), Aditya Birla Chemicals (India), Huntsman International LLC (U.S.), DIC CORPORATION (Japan), Emerald Performance Materials (U.S.), EPOXONIC (Germany), Spolchemie (Czech Republic), Cardolite (U.S.), Atul Ltd. (India), INTERTRONICS (Oxfordshire), Conren Ltd. (U.K), Mereco Technologies (U.S.), and Resoltech (France).
Intended Audience
Flexible Epoxy Resin Manufacturers
Traders and distributors of Flexible Epoxy Resin
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
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 products, services, technologies, applications, end users, 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.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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 Flexible Epoxy Resin Market Analysis, Key Growth Drivers, Challenges, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2023 here
News-ID: 1640049 • Views: …
More Releases from Market Research Future - MRFR
Maritime Freight Transport Market Expected to Hit USD 634.57 Billion by 2034
Maritime freight transport forms the backbone of the trade system. Over 80% of the world's merchandise trade by volume and about 70% by value are carried by sea, underscoring the significance of maritime transport in enabling international commerce. From raw materials and food products to manufactured goods and machinery, maritime freight transport is a cost-effective, energy-efficient, and scalable solution that underpins the modern supply chain.
As trade evolves, so too does…
Healthcare Logistics Market Poised to Growth USD 237.39 Billion by 2034 with Thr …
The healthcare logistics market plays a critical role in the medical ecosystem, ensuring that pharmaceuticals, medical devices, diagnostics, and other essential healthcare products are delivered efficiently, safely, and on time. From cold chain management for vaccines to last-mile delivery of emergency medical supplies, the logistics infrastructure in healthcare determines the accessibility and reliability of health services worldwide.
In recent years, factors such as rising chronic diseases, of pharmaceutical manufacturing, growing demand…
Sustainable Packaging Set to Grow at an Impressive CAGR of 10.30% Through 2030 | …
Sustainable packaging refers to the development and use of packaging solutions that have minimal environmental impact and footprint. It incorporates the use of renewable, recyclable, or biodegradable materials, and designs that reduce waste and energy usage throughout the product lifecycle. As environmental concerns intensify and consumer preferences shift toward eco-friendly alternatives, the sustainable packaging market is experiencing robust growth.
From e-commerce to food and beverage, personal care, pharmaceuticals, and industrial applications,…
USA Pulp and Paper Market Poised to Growth USD 69.33 Billion by 2034
The pulp and paper industry in the United States has long been a cornerstone of the nation's manufacturing sector. From producing writing paper, packaging materials, tissue products, and newsprint to serving industrial and specialty applications, the industry continues to adapt in response to technological advancements, environmental regulations, and changing consumer behaviors.
Although traditionally seen as a mature sector, the USA pulp and paper market is currently undergoing significant transformation. With the…
More Releases for Flexible
Flexible Super Capacitor Market
Flexible Super Capacitor Market Overview
Flexible super capacitor usually consists of flexible electrode with superior electrochemical properties, compatible electrolyte and separator in a flexible assembly.
This report provides a deep insight into the global Flexible Super Capacitor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis,…
The Future is Flexible: Opportunities and Challenges in the Flexible Substrate I …
The global Flexible Substrate market is estimated to attain a valuation of US$ 28.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 18.9% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Global Flexible Honeycomb Market, Global Flexible Honeycomb Industry, Covid-19 I …
The Flexible Honeycomb market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Flexible Honeycomb Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Flexible Honeycomb market. The report focuses on well-known providers in the global…
ASEAN Flexible Packaging Market: Rising Urban Population to Fuel Demand for Flex …
Already making up almost half of the retail packaging industry, the flexible packaging market is set to rise exponentially. In the Association of Southeast Asian Nations (ASEAN) in particular, the market is scaling new highs, thus connoting the presence of several large players. In a recent study, Transparency Market Research (TMR) finds that the vendor landscape of the ASEAN flexible packaging market exhibits the presence of numerous players. While none…
Flexible Glass for Flexible Electronics Market Trends and Segments 2016-2026
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Growth, Forecast and Value Chain …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
