Epoxy Resins Market to Develop Rapidly by 2031

𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Transparency Market Research (TMR) has published a new market study on the global epoxy resins market. Epoxy resins are adhesive plastics or any other material made from a class of thermosetting polymers containing the epoxide group. Epoxy resins are produced by making use of raw materials such as bisphenol A (BPA), phenols, aromatic amines, aliphatic alcohols, and epichlorohydrin.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/epoxy-resins-market.html

According to the report, the epoxy resins market, which was valued at US$ 10.5 Bn in 2020, is anticipated to reach the market value of US$ 21.87 Bn by 2031. The report contains an executive summary comprising a snapshot of the epoxy resins market, containing detailed information on various segments of the global epoxy resins market as well as market dynamics such as the growth drivers and challenges faced by the epoxy resins market. It also analyzes the impact of these dynamics on the market during the forecast period from 2021 to 2031.

The report segments the global epoxy resins market on the basis of application and region to make the study easier to understand and analyze. Based on application, the epoxy resins market has been categorized into electrical & electronics, adhesives, composites, wind energy, paints & coating, and construction. Other application areas include eye glasses, vinyl gloves, metal protection, handbags, and plastic tooling.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=583

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬

Epoxy resins are a highly versatile and useful group of chemicals employed in various industrial applications. They are utilized in the paint industry, as epoxy resins help paints dry off quickly and provide a tough protective layer. Epoxy resins are utilized in the construction of aircraft, watercraft, and automobiles. They are also an integral requirement in the electronics industry, used in ICs, PCBs, hybrid circuits, and transistors. Among these, printed circuit boards from the electrical & electronics segment accounts for a prominent share.

Epoxy resins are applied in the production of electrical items such as motors, generators, switchgears, and electrical laminates that are utilized in insulators. Epoxy resins are also used in the wind industry for the manufacture of aerodynamically efficient blades, which offer better generation of electricity. Moreover, applications of epoxy resins are not limited to the technical sector alone; epoxy resins are used by artists to obtain specific colors by mixing pigments. The high demand from aforementioned application areas has greatly boosted the market for epoxy resins. An increased demand from the aerospace industry, due to the reduced overall weight of the aircraft due to the use of epoxy resins, is one of the major drivers for the market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=583

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of region, the global epoxy resins market has been segmented into Europe, China, North America, Asia Pacific, and Latin America, and Middle East & Africa. China dominated the market in 2020, and accounted for more than 45% of the market.

𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Key companies profiled in the report include NAMA Chemicals, DuPont, 3M Company, Kukdo Chemical Ltd., The Dow Chemical Company, BASF SE, and Hunstman Corporation.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

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

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=583

𝐄𝐩𝐨𝐱𝐲 𝐑𝐞𝐬𝐢𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
China
Rest of Asia Pacific

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Rohit Bhisey
Transparency Market Research Inc.
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This release was published on openPR.