Asia-pacific Epoxy Resins Market Forecast 2022-2030

Asia-pacific Epoxy Resins Market Forecast 2022-2030

KEY FINDINGS

The Asia-Pacific epoxy resins market is forecasted to grow with a CAGR of 5.26% during the estimated years of 2022 to 2030. The market growth of the region is facilitated by the high population base, the developing research & development sector, and the advancements in multiple industries.

MARKET INSIGHTS

The Asia-Pacific epoxy resins market growth assessment comprises the evaluation of China, India, South Korea, Indonesia, Vietnam, Australia & New Zealand, Japan, Thailand, and Rest of Asia-Pacific. The construction industry in South Korea is anticipated to continue growing on account of the investments in energy, commercial, public infrastructure, and industrial projects, in addition to the improvements in investor and consumer confidence. Furthermore, an increase in building permits for constructing non-residential and residential buildings in the country is anticipated to facilitate the market’s growth across the forecast period.

On the other hand, as the world’s fourth-largest populated country, Indonesia has been among the fastest-growing paints & coatings markets over recent years. The substantial growth is attributable to the rapidly rising middle-class population and high urbanization rates. Moreover, the country’s paints & coatings industry also includes six multinational paint producers, four key domestic players, and a large number of small-scale domestic manufacturers. As a result, these factors are set to augment the epoxy resins market growth in the Asia-Pacific during the forecasting years.

COMPETITIVE INSIGHTS

Some of the key players operating in the market are Aditya Birla Chemicals Ltd, Chang Chun Plastics Company Ltd, Kukdo Chemical Co Ltd, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments