Report forecast the global waterborne epoxy resins market to
grow at a CAGR of 7.97% during the period 2017-2021.
Waterborne epoxy resins are thermosetting resins that are
used in various end-user industries such as automotive, textile, construction,
furniture, packaging, and other end-user industries. They demonstrate high
gloss, excellent chemical and corrosion resistance, good adhesion, high
mechanical stability, high flexibility and compatibility, optimized
performance, and good impact and abrasion resistance properties. These resins
are also dustproof. The application segment of waterborne epoxy resins includes
coatings, adhesives, and composites.
The report covers the present scenario and the growth
prospects of the global waterborne epoxy resins market for 2017-2021. To
calculate the market size, the report considers the revenue generated through
sales of waterborne epoxy resin products for end-use industries such as
construction, automotive, textile, furniture, packaging, and others.
The market is divided into the following segments based
on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one driver in the market is
increasing shift toward green and eco-friendly products. The eco-friendly
characteristics have been one of the most important trends in the coatings and
adhesives industry since the last five years. This trend is largely influenced
by the strict European Union (EU) regulation factors, such as the reduction in
emission of VOC from solvent-based coatings. These restrictions have led to the
shift in the demand from solvent-based epoxy resins to eco-friendly products,
such as water-based resins. These water-based eco-friendly products do not
contain solvents that evaporate during the curing phase. These products require
a special ultraviolet light to cure instantly. The resins are the key to
innovation in the coatings and adhesives industry, and they influence the major
trends in the waterborne epoxy market.
Further, the report states that one challenge in the market
is high raw material prices. The cost of waterborne epoxy resins has been a
concern for many industries over the last decade, 2005-2015. The prices of
waterborne epoxy resins are controlled to a large extent by the costs of the
epoxy resins. On the other hand, the production of bisphenol A and novolac
resins is still very low. These fibers are largely used as composites,
coatings, and adhesives in various end-use industries such as construction, automotive,
and marine. Since the waterborne epoxy resins production is quite low, this
acts as the major barrier to the global waterborne epoxy resins market. Another
factor contributing to higher prices of waterborne epoxy resins is the
generation of the matrix; the production of a matrix needs expensive batch
processes at high temperatures under controlled atmosphere.
Global Waterborne Epoxy Resins Market 2017-2021, has
been prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global waterborne epoxy resins market:
Aditya Birla Chemicals, Allnex, Hexion, Huntsman, and Olin.
Other Prominent Vendors in the market are: Air Products and
Chemicals, Incorez, KUKDO Chemical, NAN YA Plastics Industrial, and Reichhold.
Market driver
- Increasing shift toward green and eco-friendly products.
- For a full, detailed list, view our report
Market challenge
- Declining export demand from Western economies.
- For a full, detailed list, view our report
Market trend
- Investment in developing economies.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 86 pages and 62 Exhibits “Global
Waterborne Epoxy Resins Market 2017 - 2021” report covers Executive summary, Scope
of the report, Market research methodology, Introduction, Market landscape, Market
segmentation by type, Market segmentation by application, Market segmentation
by end-use industry, Market segmentation by geography, Market drivers, Impact
of drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape, Appendix.
For
more information Visit at: http://mrr.cm/3rc
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