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Waterborne Epoxy Resin Market Set to Achieve a CAGR of 7.8% and Reach US$ 7.14 Billion by 2029
Waterborne Epoxy Resin Marke
The Waterborne Epoxy Resin Market report offers a comprehensive analysis of the global market, focusing on key factors such as market drivers, restraints, opportunities, and trends. The research methodology involves a blend of primary and secondary data sources to provide a comprehensive view of the market landscape.
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What are Waterborne Epoxy Resin Market Dynamics?
Growing End-Use Industries: Increased utilization in industries such as Construction, Automotive, Furniture, and more is propelling market growth.
Low VOC Emission: Waterborne epoxy resins are favored due to their low volatile organic compound (VOC) emission, driven by stringent VOC regulations.
Segment Growth: The coatings segment is expected to be a significant contributor to the market, while the adhesives segment is projected to grow at a high CAGR.
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Waterborne Epoxy Resin Market Segmentation?
1. Application Segment
Adhesives: Anticipated to grow at a high CAGR during the forecast period.
Composites: A crucial segment contributing to the overall market.
Coatings: Expected to be a major contributor to the market.
2. End-Use Industry Segment
Construction: Projected to hold one of the largest market shares during the forecast period.
Automotive: A significant end-use industry driving demand.
Textile, Packaging, and Furniture: Highlighting diverse applications.
Who are Waterborne Epoxy Resin Market Key Players?
1. Hexion Inc. (US) 2. Nan Ya Plastics Corporation (Taiwan) 3. Allnex GmbH (Germany) 4. Kukdo Chemical Co., Ltd. (South Korea) 5. Aditya Birla Chemicals (Thailand) Ltd. 6. Olin Corporation (US) 7. Huntsman Corporation (US) 8. Reichhold LLC (US) 9. Evonik Industries AG (Germany) 10. Adeka Corporation (Japan) 11. Air Products & Chemicals Inc., 12. Nan Ya Plastics Corporation, 13. Allnex Belgium NV/SA, 14. eichhold Industries, Inc. 15. Hexion Inc. 16. Miller-Stephenson Chemical Company, Inc. 17. Perma Enterprise Co. 18. Reichhold LLC 19. Allnex Hexion Inc. 20. DIC Corporation
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Regional Insights:
Asia-Pacific: Anticipated to be one of the largest markets for waterborne epoxy resins, attributed to economic development and investments in various industries.
North America, Europe, Middle East & Africa, Latin America: The report provides insights into these regions, highlighting market dynamics, opportunities, and challenges.
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