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Epoxy Resin Market: The global market is expected to grow at a CAGR of 6.7% during the forecasted period.

03-12-2024 05:30 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Epoxy Resin Market: The global market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Epoxy Resin Market size accounted for USD 13.2 Billion in 2022, growing at a CAGR of 6.7% from 2023 to 2033.
The epoxy resin market refers to the industry that produces and distributes epoxy resins, which are versatile and widely used synthetic polymers. Epoxy resins are thermosetting polymers known for their strong adhesive properties, excellent chemical resistance, and durability. They are commonly used in various applications, such as coatings, adhesives, electronics, construction materials, and composites.

The epoxy resin market is dynamic, with ongoing research and development efforts to improve formulations, enhance performance, and explore new applications. As industries continue to seek advanced materials with specific properties, the epoxy resin market is likely to evolve and expand to meet diverse industrial needs.

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Key Highlights:
• The global Epoxy Resin Market size was valued at USD 13.2 billion in 2022 growing at a CAGR of 6.7% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Epoxy Resin Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Epoxy Resin Market players holding high market shares include Kolon Industries Inc, Atul Ltd, Huntsman International Llc and Nan Ya plastics corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• China Petrochemical & Chemical Corp. (SINOPEC)
• Aditya Birla Chemicals
• Kolon Industries Inc
• Atul Ltd
• Ciech S.A.
• Huntsman International Llc
• Nan Ya plastics corporation
• Chang Chun Group
• Olin Corporation
• Macro Polymers

Segmental Analysis
Market Segment By Type
• DGBEA
• Novolac
• DGBEF
• Aliphatic
• Glycidylamine
• Others
Market Segment By Application
• Composites
• Paints & Coatings
• Grouts & Mortars
• Adhesives
• Electronic Encapsulation
• Others

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022397

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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