79% of Growth to Originate from APAC for Epoxy Resin Market: By Application and Geography | Global Forecast to 2026

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Jan 03, 2022, 04:00 ET

NEW YORK, Jan. 3, 2022 /PRNewswire/ -- The Epoxy Resin Market value is set to grow by 685.86 thousand tons, progressing at a CAGR of 3.98% from 2021 to 2026, as per the latest report by Technavio.

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Latest market research report titled Epoxy Resin Market has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

The epoxy resin market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

One of the key factors driving growth in the epoxy resin market is the increasing demand for paints and coatings in the automotive industry. The easy applicability of automotive paints and coatings makes them highly preferred in the automotive industry. Epoxy resin-based coatings exhibit high thermal stability, thereby providing resistance to fire and high-temperature conditions. The automotive sector in the developed nations of various regions, particularly in North America and Europe, is witnessing rapid technological advances. The increasing consumer purchasing power, coupled with the public transport infrastructure, is expected to push urban commuters to purchase vehicles, which will lead to the robust growth of the automotive industry in developing countries such as India and China. Such factors are driving the demand for paints and coatings, which, in turn, is expected to drive the global epoxy resin market.

Download Free sample Report for insights on the drivers, trends, and challenges that will help companies evaluate and develop growth strategies for 2022-2026.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The stringent regulations and policies will be a major challenge for the epoxy resin market during the forecast period. Paints and coatings are used to protect various substrate surfaces and structures from high temperatures, adverse weather conditions, and chemicals. Various components added to paints and coatings are toxic components and pose a threat to the environment and people. Regulatory authorities across countries in Europe and North America have imposed stringent regulations to curb the hazardous effects of such products. Such regulations compel vendors to develop solutions that generate low levels of volatile organic compounds. Stringent government regulations over emission levels of volatile organic compounds (VOC), which complement rising global awareness about the ill-effects of such compounds and chemicals, are the major obstacles to the growth of the global paints and coatings market.

The epoxy resin market covers the following areas:

Epoxy Resin Market Sizing
Epoxy Resin Market Forecast
Epoxy Resin Market Analysis

Companies Mentioned

3M Co.
China Petrochemical Corp.
Hexion Inc.
Huntsman Corp.
Kukdo Chemical Co. Ltd.
NAMA Chemicals
Nan Ya Plastics Corp.
Olin Corp.
Sika AG
Solvay SA

The epoxy resin market share growth by the paints and coatings segment will be significant during the forecast period. The demand for epoxy resin-based paints and coatings is expected to grow due to the wide range of architectural applications of epoxy resins.

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Key Topics Covered:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2021
Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Paints and coatings - Market size and forecast 2021-2026
Adhesives and sealants - Market size and forecast 2021-2026
Composites - Market size and forecast 2021-2026
Electronic components - Market size and forecast 2021-2026
Others - Market size and forecast 2021-2026
Market opportunity by Application

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2021-2026
North America - Market size and forecast 2021-2026
Europe - Market size and forecast 2021-2026
South America - Market size and forecast 2021-2026
MEA - Market size and forecast 2021-2026
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
3M Co.
China Petrochemical Corp.
Hexion Inc.
Huntsman Corp.
Kukdo Chemical Co. Ltd.
NAMA Chemicals
Nan Ya Plastics Corp.
Olin Corp.
Sika AG
Solvay SA

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Epoxy Resin Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 3.98%
Market growth 2022-2026	685.86 th tons
Market structure	Fragmented
YoY growth (%)	3.52
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 79%
Key consumer countries	China, US, India, Japan, Germany, and South Korea (Republic of Korea)
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	3M Co., China Petrochemical Corp., Hexion Inc., Huntsman Corp., Kukdo Chemical Co. Ltd., NAMA Chemicals, Nan Ya Plastics Corp., Olin Corp., Sika AG, and Solvay SA
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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