Europe Epoxy Resin Market Growth, Size, Trends Analysis- By Raw Material, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Epoxy Resin Market Introduction and Overview
According to SPER market research, ‘Europe Epoxy Resin Market Size- By Raw Material, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Epoxy Resin Market is predicted to reach 4737.83 million by 2033 with a CAGR of 6.86%.
Epoxy resins are reinforced polymer composites made from petroleum sources using a reactive method utilizing epoxide units. These resins are utilized as binders in coating applications to improve coating durability on floors and metals. Epoxy resins contribute to a variety of coating qualities, including strength, durability, and chemical resistance. Its features and abilities, including quick-drying, toughness.
The demand for epoxy resin in a variety of applications, such as paints and coatings, adhesives, wind turbines, and others, was adversely affected by the COVID-19 outbreak. This was because manufacturing activities were halted, supply and transportation were restricted, and the global economy slowed down in 2020. Furthermore, it is anticipated that in the upcoming years, the resuming industrial activities will have a favorable impact on market demand.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Raw Material, By Application.
Regions coveredGermany, United Kingdom, Italy, Spain, France, Russia, Rest of Europe.
Companies Covered3M, BASF SE, Covestro AG, Daicel Corporation, DuPont de Nemours, Inc, Westlake Corporation, Huntsman International LLC, Olin Corporation.
Europe Epoxy Resin Market Segmentation:
By Raw Material: Based on the Raw Material, Europe Epoxy Resin Market is segmented as; DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, and Other Raw Materials.
By Application: Based on the Application, Europe Epoxy Resin Market is segmented as; Paints and Coatings, Adhesives and Sealants, Composites, Electrical and Electronics, Wind Turbines, and Other Applications.
By Region: This research also includes data for Germany, United Kingdom, Italy, Spain, France, Russia and Rest of Europe.