The waterborne epoxy resin market is projected to reach USD 4.31 Billion by 2022, at a CAGR of 9.1% from 2017 to 2022. The market is driven by an increase in growing end-use industries, such as construction and automotive.
The global waterborne epoxy resin market has been witnessing many developments over the past few years. Waterborne epoxy resins are widely accepted resins, due to its properties and no VOC emission Increasing use of composites is further driving the market for waterborne epoxy resins, globally.
Waterborne epoxy resins are used in various applications, such as coatings, adhesives composites, and others. In 2016, the coatings segment accounted for the largest market share among all the applications, in terms of value. However, the adhesives segment is projected to grow at the highest CAGR from 2017 to 2022.
Asia-Pacific, North America, Europe, South America, and Middle East & Africa are considered as the main regions in the waterborne epoxy resins market report. Currently, Asia-Pacific is the largest market for waterborne epoxy resins. The region has steady economic development and heavy investments across industries such as automotive, building & construction, aerospace, and marine. The waterborne epoxy resin market is emerging in various countries such as China, India, and Brazil due to increasing industrialization.
Hexion Inc. (US) is one of the major players operating in the waterborne epoxy resins market. The company is focusing immensely on research & development to launch new products & services. The company maintains a strong brand image in the waterborne epoxy resins market, as it provides high-quality products. In 2017, a new product was launched for coating applications. In 2015, the company announced to expand its waterborne epoxy resins production capacity in China. The company plans to use the most advanced technology to manufacture the waterborne epoxy resin to cater applications such as waterborne coatings, polymer flooring, and others. This development will enable the company to meet the increasing demand for waterborne epoxy resins in Asia Pacific.
Key Topics Covered:
1 Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.4 Currency 1.5 Package Size 1.6 Limitations 1.7 Stakeholders
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Opportunities in Waterborne Epoxy Resin Market 4.2 Waterborne Epoxy Resin Market, By End-Use Industry 4.3 Waterborne Epoxy Resin Market in Asia-Pacific, By Country and By Application 4.4 Waterborne Epoxy Resin Market, By Region
5 Market Overview 5.1 Introduction 5.1.1 Drivers 126.96.36.199 Increasing Shift Toward Green and Environmentally Friendly Products 188.8.131.52 Rising Demand From the Construction and Automotive Industries 184.108.40.206 Increasing Use of Composites 5.1.2 Restraints 220.127.116.11 High Production Cost 5.1.3 Opportunities 18.104.22.168 Increasing Need for Lightweight and Fuel-Efficient Vehicles 5.1.4 Challenges 22.214.171.124 Stringent Regulatory Approvals Required for Production 5.2 Porter's Five Forces 5.2.1 Threat of New Entrants 5.2.2 Threat of Substitutes 5.2.3 Bargaining Power of Buyers 5.2.4 Bargaining Power of Suppliers 5.2.5 Intensity of Competitive Rivalry
6 Macroeconomic Indicators 6.1 Introduction 6.2 GDP Growth Rate Forecast of Major Economies 6.3 Textile Industry 6.4 Automotive Industry 6.5 Construction Industry
7 Waterborne Epoxy Resin Market, By Type 7.1 Introduction 7.2 High Molecular Weight 7.3 Low Molecular Weight
8 Waterborne Epoxy Resin Market, By Application 8.1 Introduction 8.2 Coatings 8.2.1 Top Coats and Self-Leveling Coatings 8.2.2 Floor Primers 8.2.3 Sealers 8.3 Adhesives 8.3.1 Tie-Coats 8.3.2 Laminates 8.3.3 Primers 8.4 Composites 8.4.1 Resin Infusion 8.4.2 Bonding Paste 8.4.3 Hand Lay-Up 8.4.4 Binders, Repair, Tooling, and Other Products 8.5 Others
9 Waterborne Epoxy Resin Market, By End-Use Industry 9.1 Introduction 9.2 Construction 9.2.1 Decorative & Topcoat 9.2.2 Self-Leveling Floor 9.2.3 Grout & Mortar 9.2.4 Repair Systems 9.2.5 Pipelines 9.3 Textiles 9.3.1 Fiber Sizing 9.3.2 Fiber Adhesive Treatment 9.3.3 Binders and Performance Treatments for Textiles/Nonwovens 9.4 Automotive 9.4.1 Structural 9.4.2 Exterior 9.4.3 Upper Hood 9.4.4 Suspension System 9.5 Furniture 9.6 Packaging 9.6.1 Cans and Bottles 9.6.2 Mixed/Frozen Material Packaging 9.7 Others