Stratview Research has published a new report on the Waterborne Epoxy Resin Market, segmented by Resin Type (High Molecular Weight, Low Molecular Weight), by Application Type (Coatings, Adhesives, Composites, and Others), by End-Use Industry Type (Construction, Textiles, Automotive, Furniture, Packaging, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Waterborne epoxy resin market is likely to witness an impressive CAGR of 8.9% during the forecast period. The growing demand for waterborne epoxy resin is mainly due to the shift of industries toward green and environment friendly products, stringent environment regulations, and growing construction industry.
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Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Waterborne Epoxy Resin Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the resin type, the market is segmented as high molecular weight, and low molecular weight. The low molecular weight segment to be the fastest growing segment during the forecast period. As low molecular weight resins are being preferably used in all the applications such as coatings, adhesives, and composites and they offer properties such as good abrasion resistance, easy mixing, low odor, and improved dry performance.
Based on the application type, the market is segmented as coatings, adhesives, composites, and others. The coatings application is expected to remain dominant during the forecast period owing to increasing construction activities in the developing countries of Asia-Pacific and other regions.
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing waterborne epoxy resin market during the forecast period, with China and India being the major countries owing to, organic growth of end-use industries in the region automotive, construction, packaging, furniture, and textile is giving a boost to the waterborne epoxy resin market.
Following are the key players in the Waterborne Epoxy Resin Market:
· ADEKA Corporation
· Aditya Birla Chemicals (Thailand) LTD.
· Allnex GmbH
· Evonik Industries AG
· Hexion Inc.
· Huntsman Corporation
· Kukdo Chemical Co., LTD.
· Nan Ya Plastics Corporation
· Olin Corporation
· Reichhold LLC.
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