Materials & Chemicals Market Research News

Epoxy resin market trends and forecast, 2014-2024 made available by top research firm

Materials & Chemicals Research

Epoxy resins are thermosetting resin developed by the process of copolymerization of an epoxide (glycidyl or oxirane group) with other compound having two hydroxyl groups.


Introduction

The market for epoxy resin has witnessed significant growth due to rising demand from various applications such as automotive & transportation, aerospace and wind energy.

The major factor driving the growth of market include growing usage of epoxy resins in construction and automotive & transportation sector.

Market Dynamics

The increasing use of composites, investment in emerging economies (such as, India, China, Brazil, South East-Asia and Mexico) and high growth in end use industries is driving the market for epoxy resins, globally.