The Waterborne Epoxy Resins market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
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.
In the global Waterborne Epoxy Resins market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Aditya Birla Chemicals
Allnex
Hexion
Huntsman
Olin
Air Products and Chemicals
Incorez
KUKDO Chemical
NAN YA Plastics Industrial
Reichhold
Market Segment by Product Type:
Low Molecular Weight Waterborne Epoxy Resins
High Molecular Weight Waterborne Epoxy Resins
Market Segment by Application:
Automotive
Textile
Construction
Furniture
Packaging
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Waterborne Epoxy Resins market for the forecast period 2020 - 2025?
• What are the driving forces in the Waterborne Epoxy Resins market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Waterborne Epoxy Resins industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?