Epoxy Resin Market by Product, End User, Type, and Mode, Worldwide Forecast till 2028

Data Bridge Market Research analyses that the Epoxy Resin Market will witness a CAGR of 5.84% for the forecast period of 2028 and is likely to reach at USD 9.83 billion by 2028.

Epoxy resin is a raw material used as an end-use chemical in paints and coatings. It is utilized in the powder form for electronic equipment. Epoxy resin is synthesized with bio-based epoxy curing agent in order to form natural rubber, sugar, vegetable oil and others. Epoxy resins are able to keep generators and transformers clean and free of short circuits. The growth in the demand for eco-friendly coating and increasing application in the aerospace industry are the major drivers influencing the growth of the epoxy resin market. Furthermore, surge in the demand by aviation and automotive industry for the manufacturing of lightweight materials, growing usage of the product for the preparation of wooden boats as they are not prone to the tiny holes will accelerate the epoxy resin market growth rate.

However, fluctuations in the prices of epoxy resin and presence of other alternatives in the market will hamper the growth of the epoxy resin market. Adverse effects of solvent borne coating on environment will challenge the epoxy resin market growth rate. This epoxy resin market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on epoxy resin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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