Global Epoxy Resins Market Is Anticipated To Reach US$ 21.87 Billion By 2031-End

Consumption of epoxy resins is expected to increase at a high CAGR of 6.9% from 2022 to 2031. In 2021, the global epoxy resins market was valued at US$ 11.22 billion, and is anticipated to reach US$ 21.87 billion by 2031-end.

Paints and coatings application of epoxy resins is expected to rise at a CAGR of 6.5%, attributed to their widespread use across industry verticals.

Rapid growth in global manufacturing activities, rising urbanization, increasing disposable income, and technological advancements in epoxy chemistry are set to drive demand for epoxy resins.

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Key Segments Covered in Epoxy Resins Industry Research

Epoxy Resins Market by Raw Material :

DGBEA (Bisphenol A and ECH)
DGBEF (Bisphenol F and ECH)
Novolac (Formaldehyde and Phenols)
Aliphatic (Aliphatic Alcohols)
Glycidylamine (Aromatic Amines and ECH)
Other Raw Materials

Epoxy Resins Market by Application :

Paints & Coatings
Wind Energy
Composites
Construction
Electrical & Electronics
Adhesives
Others (Vinyl Gloves, Metal Protection, Handbags, Eyeglasses, and Plastic Tooling)

Epoxy Resins Market by Region :

North America Epoxy Resins Market
Europe Epoxy Resins Market
Asia Pacific Epoxy Resins Market
Latin America Epoxy Resins Market
Middle East & Africa Epoxy Resins Market

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Competition Landscape

Epoxy resin manufacturers are highly investing in new manufacturing facilities, training and research centers, distribution centers, and the acquisition of smaller companies with similar expertise.

With the epoxy resins industry becoming more competitive, prominent competitors are strategically focusing on reaching maximum production capacity to meet customers' expectations.

For instance :

In 2020, Kukdo Chemicals India completed its epoxy production facility in Gujarat. This epoxy facility has an industrial capacity of 40,000 tons per year. Following China, the company has successfully launched its second overseas plant in India to meet domestic demand and provide consumers with optimum epoxy solutions.
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Research objectives of this report are: 

-To understand the structure of Epoxy Resins Market by identifying its various sub segments. 

-Focuses on the key global Epoxy Resins Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. 

-To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 

-To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. 

-To strategically profile the key players and comprehensively analyze their growth strategies. 

-To analyze the Epoxy Resins Market with respect to individual growth trends, future prospects, and their contribution to the total market. 

The global Epoxy Resins Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base. 

Reasons To Purchase This Market Report: 

-Better extension of trade and auction activities respecting businesses through the delivery of prospective data for the clients. 

-Complete understanding of the global market. 

-Identification of potential suppliers as well as partnerships in the report. 

-The global Epoxy Resins Market market research report studies the latest global trends, up-to-date and thorough competitive analysis, along with various other key features of the worldwide market. 

-The potential future partners, suppliers or affiliates have also skillfully been trained in the report. 

To conclude, the Epoxy Resins Market report will provide the clients with a high-yielding market analysis assisting them to understand the market status and come up with new market avenues to capture hold of the market share. 

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