Epoxy Resin Market Size and Growth Analysis Report 2020

1. Market Overview: Epoxy Resin, also called as polyepoxides, refers to a kind of reactive prepolymer and polymer containing epoxide groups. Epoxy Resin has so many industrial applications in a broad range of end-use businesses. It shows high mechanical properties and more thermal and chemical resistance than other kinds of resin. The size of the global epoxy resin market was close to USD 7.48 billion by revenue, at the end of the year 2020 and is estimated to grow at a CAGR of 5.79% to reach around USD 9.91 billion by the end of the forecast period. Market drivers and restraints: The market is majorly driven by the call from the paints and coatings application in different end-use industries, particularly the buildings and construction and aerospace businesses, owing to their protective and mechanical properties. Also, the need for solid resins that could be employed in the powder coatings application assists in the development of the epoxy resin market. Nevertheless, the costs related may restrain the expansion of the market in the forecast period. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/epoxy-resin-market Report segmented as: By type: glycidyl epoxy non-glycidyl epoxy By technology: liquid epoxy waterborne epoxy solvent cut epoxy others By application: building & construction automotive & transportation electrical & electronics adhesives & sealants marine others Geographical analysis: On the basis of geography, the Global Epoxy Resin Market is segregated into regions of Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among them, Asia

2. Pacific accounted for the highest share and is expected to grow at a notable CAGR during the forecast period. Europe is another growing region in the Global Epoxy Resin Market. Important market players: The key players operating in the Global Epoxy Resin Market are Olin Corporation (Olin) (U.S.), Aditya Birla Chemicals (India), Kolon Industries, Inc (South Korea), BASF SE (Germany), Ciech S.A (Poland), Huntsman International LLC (U.S.), and Spolchemie (Czech Republic), among others. View a sample and decide: https://www.marketdataforecast.com/market-reports/epoxy-resin-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/