A research report on the Flexible Epoxy Resin (FER) Market has recently been published by Stratview Research, which addresses the significant changes in the Flexible Epoxy Resin (FER) Market. The study's purpose is to recognize recent market sizes for various segments and countries, as well as forecast values for the coming years. This research gives an analytical review of the market’s present trend and future estimates in order to find additional opportunities. The report is meant to provide both qualitative and quantitative aspects of the market in each of the areas and countries studied.
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Market Insights
The global flexible epoxy resin market is projected to grow at an impressive CAGR of 6.3% during the period of 2018 to 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the automobile production and construction industries, owing to rising urbanization and increasing disposable income; increasing demand for FER-based adhesives and paints & coatings in the automotive and construction industries; and excellent properties of FER, such as low viscosity with higher solids, wear resistance, prolonged flexibility, and toughness are some of the major factors that the proliferating the growth of flexible epoxy resins in various applications.
Profiling Key Companies –
· Olin Corporation
· Kukdo Chemicals
· Hexion, Inc.
· Aditya Birla Chemicals
· DIC Corporation
· Huntsman Corporation
· Nan Ya Plastic Corporation.
Covid Impact
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
𝗞𝗲𝘆 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝗼𝗳 𝗥𝗲𝗽𝗼𝗿𝘁:-
- Assessment of the market
- Competitive Landscape
- COVID Impact Analysis
- Value Chain Analysis
- Historic Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
- Future Business Scope & Opportunities Forecast
Segment Analysis
Based on the application type, the flexible epoxy resin market is segmented as Paints & Coatings, Composites, Adhesives, and Others. The paints & coatings segment is expected to remain the most dominant application type in the flexible epoxy resin market during the forecast period. Rapid urbanization and growing population along with excellent properties of flexible epoxy resins, such as improved toughness and flexibility, will continue to drive the demand for FERs in the paints & coatings segment. The composites segment is likely to witness the highest growth during the forecast period, driven by an increased penetration of composite materials in the automotive, aerospace, and construction industries; and a greater acceptance FERs with composite parts.
Asia-Pacific is expected to remain the largest flexible epoxy resin market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period. High annual automobile production along with growing infrastructure activities in the developing economies, especially China and India, is primarily driving the demand for flexible epoxy resin in the region. China is expected to maintain its dominance in the Asia-Pacific’s market over the next five years. Europe and North America are the other two major flexible epoxy resin markets and will likely to exhibit healthy growth rates over the next five years.
Custom Research:
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Critical Questions Answered in the Report
- What are the key trends in the Flexible Epoxy Resin (FER) Market?
- How the market (and its various sub-segments) has grown in the last five years and what growth trajectory will it follow in the next five years?
- On what scale has COVID-19 impacted the Flexible Epoxy Resin (FER) Market?
- What are some key strategies adopted by the market leaders in the Flexible Epoxy Resin (FER) Market?
- How much share of the Flexible Epoxy Resin (FER) Market do the top players own?
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