Global Epoxy Resins Market Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Epoxy Resins Market - Segmented by Type, Application, and Geography - Growth, Trends and Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.

The global epoxy resin market is expected to witness a CAGR of 6.81% during 2018-2023 (the forecast period). Currently, China dominates the global market in terms of volume and accounted for about 45% of the global share in 2017. In North America, the growing demand for epoxy resins-based composites from the aerospace industry is expected to drive the market growth.

Epoxy resin is extensively used as an insulation material for the electronics and electrical applications that require protection in extreme and dangerous environments, owing to the properties, such as high physical and mechanical strength, good dimensional stability, excellent dielectric properties, etc. It is used to keep generators, switches, transformers, and motors dry, clean, and free of shorts. Increasing rate of consumption of electrical and electronics equipment on commercial scale in China and India is expected to drive the demand for epoxy resins.

In 2017, Asia-Pacific was the largest market for epoxy resins, with a share of about 65%. The market is mainly driven by industrialization, the growing consumer class of people, etc. In Asia-Pacific, the leading market for epoxy resins is the paints & coatings industry, among all the other applications, owing to the presence of five big companies, namely, Nippon paints, AkzoNobel, Kansai paint, PPG, and Asian Paints. Thus, Asia-Pacific is a major market for epoxy resins.

Companies Mentioned

  • 3M Company
  • Aditya Birla Chemicals
  • BASF SE
  • Chang Chun Plastics Co Ltd.
  • Covestro
  • Daicel Corporation
  • DowDuPont
  • Huntsman Corporation
  • Jiangsu Sanmu Group
  • Kukdo Chemicals Co. Ltd
  • Leuna-Harze GmbH
  • Momentive Specialty Chemicals Inc. - Hexion
  • Nama Chemicals
  • Nan Ya Plastics Corp.
  • Oilin Corporation
  • Sika AG
  • Sinopec Baling Co.
  • Solvay Group
  • Spolchemie As

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

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Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Plastic Resins

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastic Resins