Press release
Epoxy Resin Market to reach USD 10.66 Bn by 2029, emerging at a CAGR of 6.4 percent and forecast 2023-2029
Epoxy Resin Market Report Scope and Research MethodologyThe Epoxy Resin Market, valued at US$ 6.90 Bn. in 2022, is poised for significant expansion, with a projected CAGR of 6.4% from 2023 to 2029. The market is expected to reach nearly US$ 10.66 Bn., reflecting a dynamic landscape driven by key factors.
The in-depth Epoxy Resin Market Report by Maximize Market Research Pvt Ltd provides an extensive analysis of market dynamics, drivers, restraints, and regional insights. The comprehensive research methodology employed ensures accurate forecasting and valuable insights for stakeholders.
The report's market forecasting is grounded in real output, demand and supply data from 2022, with estimates for 2022 based on key player publications and global industry impact. Historical data from 2018 to 2022, including the effects of the 2020 global lockdown, forms the basis for projections through 2029.
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Epoxy Resin Market Dynamics:
The global epoxy resin market is propelled by increased demand across end-use industries, particularly in aerospace and wind turbine applications. The automotive sector, seeking lightweight composites, contributes to market growth. However, challenges arise from environmental concerns related to hazardous gas emissions during epoxy resin production and its non-biodegradable nature.
Epoxy Resin Market Regional Insights:
The Asia Pacific emerges as a dominant force, projected to hold the largest market share by 2029. Rising construction activities, automotive demand, and government initiatives in countries like India, Japan, and South Korea contribute to this growth. The report provides a detailed regional analysis and insights into market dynamics.
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Epoxy Resin Market Segmentation:
The report breaks down the market by type, including DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, and others. Notably, the Novolac segment is expected to grow rapidly at a CAGR of 12.6% during the forecast period. Application-wise segmentation covers Paints & Coatings, Adhesives, Composites, Electronic Encapsulation, and Others, with the Paints & Coatings segment anticipated to hold the largest market share by 2029.
by Type
DGBEA
DGBEF
Novolac
Aliphatic
Glycidylamine
Others
by Physical Form
Solid
Liquid
Solution
by Application
Paints & Coatings
Adhesives
Composites
Electronic Encapsulation
Others
by End-User
Building & Construction
Transportation
General Industrial
Consumer Goods
Wind Power
Aerospace
Marine
Others
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Epoxy Resin Market Key Players:
1.BASF SE
2.E I DuPont de Nemours and Company
3.Dow Chemical Company
4.Huntsman Corporation
5.3M Company
6.Kukdo Chemicals
7.Nan Ya Plastics Corporation
8.Hexion Inc.
9.Olin Corporation
10.Cytec Solvay Group
11.chang Chun Chemicals
12.Sanmu Group
13.Jubail Chemical Industries LLC (JANA)
14.Aditya Birla Chemicals Ltd.
15.Sika AG
16.Baling Petrochemical
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-epoxy-resin-market/26342/
Table of content for the Epoxy Resin Market includes:
1. Global Epoxy Resin Market: Research Methodology
2. Global Epoxy Resin Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Epoxy Resin Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
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Chicago, IL, 60606, USA.
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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