DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Epoxy Resins Construction Market Forecast 2017-2025" report to their offering.
The Global epoxy-resins construction market generated a revenue of $1731 Million in 2016 and is anticipated to contribute $3624 Million by 2025, growing at a CAGR of 8.69%.
Owing to its physical and chemical properties such as low curing time, excellent chemical resistance high strength and flexibility the epoxy resin material has shown extensive utility in various applications such as paints and coatings, adhesives, composites, construction material and so on. The construction industry contributes to over 20% market share in the market
Increased research and development projects and activities by the top market players and the advancements in the technology for creation of modified resins are expected to create new uses of epoxy resins in various construction applications.
Major restraining factor of the global epoxy resins market is the slow growth in the mature markets of US and Europe. Also the changes in the price and the demand and supply of the raw materials (Bisphenol A and Epichlorohydrin) used in the production of epoxy resins affect the market greatly, though these raw materials are now being substituted by bisphenol F in some of the applications due to rising health concerns. The availability of alternative resins like polyurethane and phenolic resins also prove as a restraining element in the growth of the global epoxy resins market.
- Aditya Birla Chemicals Ltd.
- Baling Petrochemical
- BASF SE
- Chang Chun Plastics Co. Ltd.
- Cytec Industries Incorporation
- Huntsman Corporation
- Jubail Chemical Inds. Co.
- Kukdo Chemical Co. Ltd.
- Momentive Performance Materials Holdings Llc
- Nama Chemicals1
- Sinopec Baling Co.
The DOW Chemical Company
Key Topics Covered:
1. Research Scope
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Epoxy Resin Construction Market By Region
6. Competitive Analysis Introduction
For more information about this report visit http://www.researchandmarkets.com/research/3tqc9k/global_epoxy