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Rise of Biobased Epoxy Resins Market Offers New Opportunity for Global Epoxy Resins Market

  • Date Submitted: 12/04/2015 12:09 AM
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Transparency Market
Epoxy Resins Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020

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Press Release

Global Epoxy Resins Market to Reach US$10.55 Billion due to
Surging Demand from the Paints and Coatings Market : TMR
Transparency Market Research
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Epoxy Resins Market

Epoxy Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
The global epoxy resins market has generated substantial demand in the past few years. The increasing
demand for epoxy resins from fields such as aerospace, wind energy, and paints and coatings is the primary
growth driver for this market. According to a research report by Transparency Market Research, the global
epoxy resins market was valued at US$6.6 bn in 2013 and is expected to reach US$10.5 bn by 2020. This
growth, at a CAGR of 6.90% between 2014 and 2020, will mainly be propelled by to the aerospace industry’s
demand for epoxy resins as raw materials for manufacturing aircrafts. These thermosetting polymers belong to
the epoxide functional group and are used on a large scale in the paints and coatings industry. Thus, as the
construction industry grows, it will boost the demand for paints and coatings. The global epoxy resins market
also has a huge opportunity of developing bio-based epoxy resins in the next few years.
Browse Full Global Epoxy Resins Market Report With Complete TOC :
The global epoxy resins market is segmented on the basis of application and region. The application of epoxy
resins is seen in paints and coatings, composites, wind energy, construction, adhesives, electrical and
electronics, and others such as metal protection, vinyl...


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