Water-borne Epoxy Resins Market Global and Regional Analysis by Top Leaders and Products made possible by top research firm for Forecast to 2023
Research Reports
Jan 07, 2021
Market Overview:
Water-borne epoxy resins are used for various end-uses such as in alkyds, dispersible paints, and others to impart corrosion and abrasion resistance to the product. It provides significant properties such as excellent performance, efficiency, and durable nature to the finished material. Moreover, they provide versatility and reliability to the product.
Market Scenario:
The low-molecular weight epoxy resins is the leading type in the market on account of its easy use and recyclability features offered by the product. These coatings provide enhanced performance, and efficiency to the product.
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Competitive Analysis:
Some of the major players functioning in the global water-borne epoxy resins market are Hexion (U.S.), Allnex GmbH (Germany), Huntsman Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), KUKDO CHEMICAL CO, LTD (South Korea), ADEKA CORPORATION (Japan), Evonik Industries AG (Germany), Aditya Birla Chemicals (Thailand) Ltd.(Thailand), Olin Corporation (Germany), and Reichhold LLC (U.S.), among others.
Market Segmentation:
The global water-borne epoxy resins market is segregated into the type, application and end-use. On the basis of type, the market is segmented into high molecular weight, and low molecular weight segments. On the basis of the application, the market is classified into coatings, adhesives, and composites segments. On the basis of application, the market is segregated into construction, textiles, automotive, furniture, packaging, and others
Regional Analysis:
The global water-borne epoxy resins market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance due to rising demand for the product in various applications. Countries such as China, Japan, and India are the major players in this region.
Moreover, it is projected that the advancing research & development of water-borne epoxy resins in the market has propelled this region to witness a good growth in Germany, the U.K, and Italy.
Additionally, the growing demand for solvent free products in automotive, chemical, polymer, and other industries is projected to boost the market in the Latin American region.
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