Base Epoxy Resin Market : Trends, Opportunities and Competitive Analysis
Base Epoxy Resin Market Trends and Forecast
The future of the base epoxy resin market looks promising with opportunities in the paint and coatings, composites, electrical and electronics, construction, and adhesives industries. The global base epoxy resin market is expected to reach an estimated value of $15.4 billion with a growing CAGR of 6.8% from 2021 to 2027. The major drivers for this market are rise in infrastructure projects, and growth in automotive and electrical & electronics industries.
Emerging Trends in the Base Epoxy Resin Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of solvent-free epoxy resin, and development of bio-based epoxy resin.
A total of 107 figures / charts and 68 tables are provided in this 116-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the base epoxy resin market report, please download the report brochure.
Base Epoxy Resin Market by Segment
The study includes a forecast for the global base epoxy resin market by by application as follows:
Base Epoxy Resin Market by Application [Volume (M lbs) and $M shipment analysis for 2016 – 2027]:
- Paint and Coatings
- Composites
- Electrical and Electronics
- Construction
- Adhesives
- Others
Base Epoxy Resin Market by Region [Volume (M lbs) and $M shipment analysis for 2016 – 2027]:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- The United Kingdom
- France
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
List of Base Epoxy Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies base epoxy resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the base epoxy resin companies profiled in this report includes.
- 3M
- Aditya Birla Chemicals
- BASF SE
- Daicel Corporation
- DuPont
- Hexion
- Huntsman
- NAMA Chemicals
- NAN YA Plastic Corp.
- Olin Corporation
Base Epoxy Resin Market Insight
- Lucintel forecasts that paint and coatings will remain the largest application segment over the forecast period due to growth in new infrastructure projects and increasing demand for protection of concrete floors in the industrial and commercial facilities.
- Asia Pacific is expected to remain the largest region over the forecast period due to presence of large number of end users of base epoxy resin.
Features of Base Epoxy Resin Market
- Market Size Estimates: Base epoxy resin market size estimation in terms of value ($B) and (kilotons)
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by application
- Regional Analysis: Base epoxy resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different applications and regions for the base epoxy resin market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the base epoxy resin market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the base epoxy resin market size?
Answer:The global base epoxy resin market is expected to reach an estimated $15.4 billion by 2027
Q2. What is the growth forecast for base epoxy resin market?
Answer:The base epoxy resin market is expected to grow at a CAGR of 6.8% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the base epoxy resin market?
Answer: The major drivers for this market are rise in infrastructure projects, and growth in automotive and electrical & electronics industries.
Q4. What are the major applications or end use industries for base epoxy resin?
Answer:Paint and coatings and composites are the major end use industries for facial cleanser.
Q5. What are the emerging trends in base epoxy resin market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of solvent-free epoxy resin, and development of bio-based epoxy resin.
Q6. Who are the key base epoxy resin companies?
Answer:Some of the key base epoxy resin companies are as follows:
- 3M
- Aditya Birla Chemicals
- BASF SE
- Daicel Corporation
- DuPont
- Hexion
- Huntsman
- NAMA Chemicals
- NAN YA Plastic Corp.
- Olin Corporation
Q8: In base epoxy resin market, which region is expected to be the largest in next 5 years?
Answer:Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global base epoxy resin market by application (paint and coatings, composites, electrical and electronics, construction, adhesives, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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