Epoxy Resin Market To Reach USD 12.5 Billion By 2027 | CAGR 6% — Forencis Research

  • According to the new market research report Epoxy Resin Market by Form (Solid, Liquid), by Type (Bisphenol Epoxy Resins, Aliphatic Epoxy Resins, Novolac Epoxy Resins and Halogenated Epoxy Resins), by Application (Paints and Coatings, Food & Beverages, Transport, Construction, Consumer Application, Marine and Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2019 to 2027)”, the global Epoxy Resin market is projected to reach a value of over USD 12.5 billion with a CAGR of 6% in the forecast timespan
  • Epoxy resin is the special class of thermoset synthetic resin containing one or more epoxies groups
  • It is used in manufacturing adhesives, sealants, composites, flooring products, electronics, and many other applications
  • Epoxy resin is used across construction, electronics and electrical systems, paints & coatings industries
  • Growing construction sector across the globe owing to rise in disposable income, growing trend of nuclear families, is pushing the market adoption in the paints and coatings.
  • Expanding application areas including transport, solar power, decoration of the epoxy resins is boosting the market growth
  • Volatile price of the raw material (epichlorohydrin) may hinder the market growth
  • Adaptation of the bio-based epoxy resin is likely to create new opportunity for the market growth
  • North America
  • Asia-Pacific
  • Olin Corporation:
  • BASF SE:

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