ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research announces the release of a report titled “Epoxy Resins Market for Paints & Coatings, Wind Energy, Composites, Construction, Electrical & Electronics, Adhesives and Other Applications- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”.
The global epoxy resins market was valued at US$6.64 billion in 2013 and is expected to reach US$10.55 billion by 2020, growing at a CAGR of 6.9% between 2014 and 2020.
Request Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=583
Key Growth Drivers
The global epoxy market is being driven by growing demand for paints and coatings from several industries. The other factors contributing to growth of global epoxy resins market is demand for resins from the wind energy sector and aerospace industry. However the epoxy resins market faces certain challenges such as high demand for a few raw materials such as epoxy resins for production of bisphenol and fluctuating prices. As the industries continue to grow and economies show a promise of recovery, the global epoxy resins market is also expected to tread their path of growth in the coming years.
Market Segmentation and Leaders
The global epoxy resins market has been segmented on the basis of application and regions. The applications segment of global epoxy resins market includes sub-segments such as paints and coatings, composites, construction, electrical and electronics, wind energy, adhesives, vinyl gloves, metal protection, handbags, eyeglasses, and plastic tooling. In terms of regions the global epoxy resins market is broadly divided into Europe, North America, China, Rest of Asia Pacific, and RoW.
- Peracetic Acid Market: http://www.transparencymarketresearch.com/peracetic-acid-market.html
- Aniline Market: http://www.transparencymarketresearch.com/aniline-market.html
Some of the key players in the global epoxy resins market are Huntsman Corporation, Celanese Corporation, Nan Ya Plastics Corp., Dow Chemical Company, DuPont, Kukdo Chemicals Co. Ltd., Aditya Birla Chemicals, Nama Chemicals, Momentive Specialty Chemicals, BASF SE, and 3M Company.
TMR is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.