PUNE, India, April 8, 2016 /PRNewswire/ --
The report "Adhesive, Composite, and Coating Epoxy Market by Resin Type (Liquid, Solid & Solution), Application (Construction, Automotive & transportation, Electrical & electronics, General industrial, Wind, Marine, Aerospace, Consumer goods & Others), and Region - Global Forecasts to 2020", published by MarketsandMarkets, The global market is projected to reach USD 9.96 Billion by 2020 registering a CAGR of 5.8% between 2015 and 2020.
Browse 228 market data Tables and 62 Figures spread through 218 Pages and in-depth TOC on "Adhesive, Composite, and Coating Epoxy Market"
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Liquid, the largest resin type for epoxy resin
Liquid epoxy resins account for the largest market share because of their huge acceptance for usage among diverse applications coatings, adhesives, and composites. Also, these resins do not release any toxic fumes, which make them environmentally safe. This feature makes epoxy resin compliant with the environmental regulations in North-America and Europe, driving the demand in these regions.
Asia-Pacific is the largest Epoxy Market both in terms of volume and value, followed by Europe and North America. The continuous rise in manufacturing of epoxy resin products for use within the region and for exports drives the demand for epoxy resin. The increasing demand, rising population, and growing end-use industries have led to innovation and development in the end-use industries, making it a strong application industry hub, globally.
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The key players in Adhesive, Coating & Composite Epoxy Market are Olin Corporation (U.S.), Nan Ya Plastics Corporations (Taiwan), Kukdo Chemical Co. Ltd. (Korea), Hexion Inc. (U.S.), Chang Chun Plastics Ltd. (Taiwan), Huntsman Corporation (U.S.), BASF SE (Germany), 3M (U.S.), Mitsubishi Chemical Corp. (Japan), Atul Ltd. (India), Sinopec Corp. (China), and Aditya Birla Chemical (Thailand), among others.
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