Europe Epoxy Resins Market Forecast 2022-2030

Europe Epoxy Resins Market Forecast 2022-2030

KEY FINDINGS

The Europe epoxy resins market growth is anticipated to progress at a CAGR of 6.16% during the forecast period, 2022-2030. The market’s growth is propelled by the rising demands of epoxy resins, majorly within the wind energy industry, followed by the automobile and electronics sectors.

MARKET INSIGHTS

The Europe epoxy resins market growth is evaluated by the analysis of Germany, Russia, Poland, France, the United Kingdom, Belgium, Italy, and Rest of Europe. Epoxy resins can cover concrete and steel towers for windmills to increase their lifetime. Most European wind blade manufacturers use epoxy resins, owing to their lightweight, resistance fatigue, good adhesion, and lack of shrinkage after cooling.

Moreover, epoxy resins are widely used throughout Europe for construction purposes. An Italian construction association reported an increase in construction investment by 2.4% in 2019. The residential building segment is expected to grow steadily. However, non-residential buildings and civil engineering activities are likely to be the primary growth enablers during the forecast period.

Additionally, low interest rates and higher incomes support residential construction and real estate development in Belgium. On the other hand, the market growth is affected by complicated and slower approval of building permits.

COMPETITIVE INSIGHTS

Some of the key market players include Momentive Performance Materials Holdings LLC, Chang Chun Plastics 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