Epoxy Resin Market Size, Share, Analysis Report By Types, Applications And Forecast To 2031 | Sika AG, Olin Corporation, Kukdo Chemical, Aditya Birla Chemicals, 3M

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The global epoxy resin market report by the business research company identifies the rising demand for epoxy resin from the automotive industry is expected to be a major growth driver for the epoxy resin market. The automotive industry refers to the design, manufacturing, and selling of motor vehicles that uses epoxy resin to paint the body of automobiles. The use of epoxy resin as a protective coating extends the life of automobiles. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international trade organization, in 2021, automobile production increased globally by 3%, from 77.8 million produced in 2020 to 80.14 million in 2021. An increase in the production of automobiles increases the need for epoxy resins. Therefore, the rising demand for the automotive industry drives the epoxy resin market.

The global epoxy resin market size is expected to grow from $9.88 billion in 2021 to $10.63 billion in 2022 at a compound annual growth rate (CAGR) of 7.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The epoxy resin market is expected to grow to $14.59 billion in 2026 at a compound annual growth rate (CAGR) of 8.25%.

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Asia-Pacific was the largest region in the epoxy resin market in 2021. The regions covered in the epoxy resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the epoxy resin market are Sika AG, Olin Corporation, Huntsman International LLC, Kukdo Chemical, Aditya Birla Chemicals, 3M, Sinopec Corporation, Nan Ya Plastics Corporation, Chang Chun Group, BASF SE, Atul Ltd, Solvay SA, Covestro AG, Jiangsu Sanmu Group Co., Ltd, Jubail Chemical Industries LLC, Kolon Industries Inc, NAGASE & CO LTD and Techstorm.

The global epoxy resin market is segmented -
1) By Type: DGBEA (Bisphenol A And ECH), DGBEF (Bisphenol F And ECH), Novolac (Formaldehyde And Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines And ECH), Other Types

2) By Physical Form: Liquid, Solid, Solution

3) By Application: Paints and Coatings, Composites, Adhesives and Sealants, Other Applications

4) By End-User: Building and Construction, Automotive, Large and Heavy Vehicles and Railroads, General Industrial, Consumer Goods, Wind Power, Aerospace, Marine, Others End User

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The Epoxy resin Market Report Contents Include
1. Executive Summary
2. Epoxy Resin Market Characteristics
3. Epoxy Resin Market Trends And Strategies
4. Epoxy Resin Market - Macro Economic Scenario
5. Epoxy Resin Market Size And Growth
....
26. Africa Epoxy Resin Market
27. Epoxy Resin Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Epoxy Resin Market
29. Epoxy Resin Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the epoxy resin market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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