Press release
Epoxy Market To Grow In Near Future And Boosting the Market - Scalar Market Research
The report on the global Epoxy market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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KEY PREMIUM INDUSTRY INSIGHTS
Growing end-use industries including transportation, marine coatings, aerospace, electrical & electronic laminates, composites and decorative powder coatings are expected to augment the global epoxy resins demand. This trend is anticipated to continue over the forecast period as a result of increased infrastructure and automotive demand.
Favorable properties such as high thermal stability, mechanical strength, moisture resistivity, and adhesion, electrical, mechanical and heat resistance make epoxy resins suitable for various end-use applications such as laminates, jewelry, insulators and industrial applications.
Increased R&D coupled with technology advancement in the field of modified resins is expected to create new avenues for industrial applications. Global demand is fueled by increased wind energy capacity installation due to rapid depletion of conventional sources of energy.
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KEY MARKET PLAYERS
Key players in the epoxy market include:
Olin Corporation, Nan Ya Plastics Corporation, MnM View, Hexion Inc, Kukdo Chemical Co. Ltd, Chang Chun Plastics Co. Ltd, 3M Company, Aditya Birla Chemicals, BASF SE, Huntsman Corporation.
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About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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