Epoxy Resin Market report categorises the global market by Application (Construction, Composites, Paints & Coating, Electrical & Electronics, Wind Turbine, Adhesives) & Geography.
Pune, India -- (SBWIRE) -- 03/25/2016 -- The report "Epoxy Resin Market by Application (Coatings, Electronics, Construction, Wind Turbine, Composites and Adhesives) and Geography - Trends & Forecast to 2019" defines and segments the epoxy resins market with an analysis and forecasting of the market size in terms of volume and value. The market of epoxy resin is projected to grow from an estimated $5,995.8 million in 2013 to $9,219.1 million by 2019, with a CAGR of 7.4% between 2014 and 2019.
Browse 80 market data tables and 63 figures spread through 171 pages and in-depth TOC on "Epoxy Resin Market - Trends & Forecast to 2019"
Early buyers will receive 10% customization on this report.
Epoxy resins are thermosetting polymers and known for their high-quality performance in different industrial applications for corrosion protection, thermal stability, mechanical strength, moisture resistivity, adhesion, and so on. The epoxy resins market is very well correlated to its end-user application industry's growth and its widening reach in industrial applications.
Bisphenol A and Epichlorohydrin are major raw materials in the production of epoxy resins, and any change in the demand and supply of these raw materials could have a major impact on the epoxy resin industry. However, due to rising health concerns related to BPA, it is being substituted by other chemical compounds such as bisphenol F in some applications. Although, paints & coatings is the largest application of the resin, the growing demand of the resin in the wind turbine application is expected to become the fastest-growing market.
For more Info Speak to Our Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=762
According to the estimates, the Asia-Pacific region led the market for phthalic anhydride with 57.0% share by volume at the global level in 2013, followed by Europe (20.6%), North America (17.0%), and Rest of the World (5.3%). Around 36.0% of the resin was estimated to be consumed for paints & coatings in 2013. For electrical & electronics and construction applications, the estimated share were 22.5% and 9.2% respectively.
The growth of the epoxy resin market has been studied through in-depth analysis of important factors that drive the market such as growth in the end-user industry, growing wind energy capacity installation with opportunities in green and sustainable epoxies, and growing demand for it in the aerospace industry. However, slow growth in the European and mature markets of the U.S. and Japan are proving to be the important restraining factors for the market.
Inquiry Before Buying of this Report @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=762
Browse Related Reports:
Epichlorohydrin (ECH) Market, By Applications (Epoxy Resins, Synthetic Glycerin, Water Treatment Chemicals, Pharmaceuticals) & Feedstock (Propylene, Glycerin) - Global Market Trends & Forecast To 2017
Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC, & Others), by Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil, & Others) - Global Forecast to 2019
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets