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Epoxy Resins Market by Product Analysis is Projected to be Around US$ 11.86 Billion by 2027 | Key Players- Olin Corporation, Hexion Inc., Huntsman Corporation, BASF SE, 3M Company, etc.

03-25-2020 12:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports and Data

Epoxy Resins Market

Epoxy Resins Market

The global epoxy resins market is forecast to reach USD 11.86 Billion by 2027, according to a new report by Reports and Data. Epoxy resin is a molecule that contains more than one epoxide group.
Epoxy resins are thermosetting polymers and are used as high-performance coatings, adhesives, and potting and encapsulating materials. They also have excellent electrical properties, low shrinkage, and good adhesion to many metals and are resistant to moisture, thermal, and mechanical shock. Viscosity, epoxide equivalent weight, and molecular weight are the important properties of epoxy resins.

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Key participants include Olin Corporation, Hexion Inc., Huntsman Corporation, BASF SE, 3M Company, Aditya Birla Chemicals, Sinopec Corporation, Covestro AG, Solvay SA, and Evonik Industries AG, among others.

For the purpose of this report, Reports and Data have segmented into the global Epoxy Resins market on the basis of type, form, applications, end-users, and region:

Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
o Novolac
o Aliphatic
o Hardener
o Glycidylamines
o DGBEF
o DGBEA

Form Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
o Solid Epoxy Resin
o Liquid Epoxy Resin
o Solution Epoxy Resin

Applications Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
o Adhesive and Sealants
o Paints and Coatings
o Composites
o Others

End Users Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
o Automotive
o Consumer Goods
o Aerospace
o Building and Construction
o General Industrial
o Marine
o Wind Power

Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

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Increasing demand for the resin in paints and coatings industry owing to the positive growth of automotive and construction globally has driven the epoxy resins market. Growth in end-use industries such as marine coatings, aerospace, transportation, decorative powder coatings, electrical & electronic laminates, and composites, are affecting the market positively. An increase in research and development by key participants, along with technology innovation in the field of modified resins, are expected to provide ample opportunities for growth of epoxy resins.

The growth in the infrastructure in the U.S. has driven the market for epoxy resin in the region. The steady growth of the commercial sector, majorly office space construction, is expected to have a positive impact on the market demand.

Further key findings from the report suggest
o Epoxy resin is among the commonly used thermosetting polymer in aircraft structures. It is used as the matrix phase in carbon-fiber composites for aircraft structures and is also used as an adhesive in aircraft structural repairs and joints.
o The reactivity of the epoxy resins allows them to bond easily with fibers and their toughness. This thermoset resins, when combined with carbon, glass, or aramid fibers, produce composite materials with the best properties of most thermosets.
o Diglycidil Ether of Bisphenol-A is an organic compound used as a constituent of epoxy resins. This compound is a colorless solid that melts slightly above room temperature. This type of epoxy resin has gained much attention as a potential endocrine disruptor. It also has antiandrogen and PPAR?-modulating properties.
o Solid epoxy resin is mainly used in paints and coatings, or as a modifier for other epoxy resins to enhance impact strength, adhesion, and extensibility.
o Usage of epoxy resins in adhesives is one of its most common application. The strong-properties of the epoxy allow for engineering and structural adhesives. Generally, it is used in the construction of aircraft, snowboards, vehicles, and bicycles...Continued

Reasons to buy this market intelligence report:
1. Detailed market evaluation both at regional and global levels.
2. Significant changes in market scenario, along with an extensive competitive analysis
3. Classification of the industry based on product type, application, and region
4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

To get this report with detailed market information, tables, charts, graphs, etc., reach us here: https://www.reportsanddata.com/report-detail/epoxy-resins-market

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions like Asia, United States, Europe, etc.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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