Epoxy Resin Market Set for 5.77% CAGR to 2021

22 Sep, 2016, 22:00 ET from ReportsnReports

PUNE, India, September 23, 2016 /PRNewswire/ --

Epoxy resin market in composites is forecast to register the highest growth between 2016 and 2021 driven by increasing applications and technological advancements with overall expected 5.77% CAGR with Asia-Pacific leading the market for epoxy resins, both in terms of volume and value followed by North America and Western Europe.

Complete report on global epoxy resin market spread across 179 pages, profiling 10 companies and supported with 134 tables and 42 figures is now available at http://www.reportsnreports.com/reports/192074-global-epoxy-resin-market-by-application-geography-forecasts-up-to-2017.html .

The global epoxy resin market is projected to reach USD 8.77 billion by 2021, registering a CAGR of 5.77% between 2016 and 2021. The market is witnessing a moderate growth rate owing to increasing applications, technological advancements, and growing demand in Asia-Pacific. Epoxy resin is largely used in paints & coatings applications.

The epoxy resin market in the composites application segment is projected to witness the highest growth in. Economic expansion in the developing countries of Asia-Pacific will raise demand for composites insulation in both building construction and automotive industries.

Asia-Pacific is the largest market for epoxy resin, both in terms of volume and value. It is followed by North America and Western Europe. China, the U.S., and Germany are the largest producers of epoxy resins in these regions. The building & construction is the largest consumer of epoxy resins materials in Asia-Pacific. China and Japan have the largest share in the Asia-Pacific epoxy resin market.

Key vendors profiled in this report such as Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.) , Kukdo Chemical Co. Ltd. (South Korea), Chang Chung Plastics Co. Ltd. (Taiwan), Aditya Birla Chemicals (Thailand), The 3M Company (U.S.), BASF SE (Germany) and Sinopec Corporation (China). Order a copy of Epoxy Resin Market by Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) - Global Forecast to 2021 research report at http://www.reportsnreports.com/purchase.aspx?name=192074 .

In the process of determining and verifying, the global epoxy resin market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (40%), Tier 2 (25%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (35%) and Director Level (25%) and others (40%) from various key organizations operating in the global epoxy resin market. The primary interviews were conducted worldwide covering regions such as Asia-Pacific (50%), North America (11%), Western Europe (36%), Central & Eastern Europe (1%), Middle East & Africa (1%) and South America (1%).

On a related note, another research on E-Coat Market Global Forecast to 2021 says, cathodic acrylic is expected to witness the highest growth in the global e-coat market. Asia-Pacific is the largest region in the e-coat market. The global e-coat market is estimated to grow from USD 3.08 billion in 2016 to USD 3.80 billion by 2021, at a CAGR of 4.34% between 2016 and 2021. Companies like    Axalta Coating Systems, PPG Industries, Inc., BASF SE, Nippon Paint Holdings Co., Ltd., The Valspar Corporation, Tatung Fine Chemicals Co., Ltd., KCC Corporation, Luvata Oy, Hawking Electro technology Ltd. and NOROO Paint& Coatings Co., Ltd. have been profiled in this 179 pages research report available at http://www.reportsnreports.com/reports/412445-electrocoating-e-coat-market-by-type-cathodic-epoxy-cathodic-acrylic-anodic-by-application-passenger-cars-commercial-vehicles-automotive-parts-accessories-heavy-duty-equipment-appliances-others-by-region-global-forecasts-to-2020.html .

Explore more reports on the Chemicals market at http://www.reportsnreports.com/market-research/chemicals/ .

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