Waterborne Epoxy Resin Market Trends, Growth Opportunities, Future Demand and Forecast 2032
Waterborne epoxy resin demand surged for eco-friendliness, low VOCs, and sustainable coatings and adhesives.
The global Waterborne Epoxy
Resin Market size was USD 3.21 Billion in 2022 and is expected to reach USD 5.9
Billion in 2032, and register a revenue CAGR of 7% during the forecast period.
The demand for environmentally friendly coatings, rising infrastructure and
construction spending, and rising use of aqueous epoxy resin in end-use sectors
including the automotive, aerospace, and marine industries are major factors
driving the market revenue growth.
With stringent government limits on Volatile Organic
Compound (VOC) emissions, the need for environmentally friendly coatings is
rising rapidly. The market for aqueous epoxy resin in the coatings sector is
being driven by the low VOC emissions and great performance of waterborne epoxy
resin-based coatings. Also, because of its excellent adhesion, chemical
resistance, and durability qualities, aqueous epoxy resin is increasingly being
used in infrastructure and building projects. The market revenue growth is
expected to be further fueled by this during the forecast period.
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Major Companies:
- BASF SE
- Dow Inc.
- Hexion Inc.
- Huntsman
Corporation
- Kukdo
Chemical Co. Ltd.
- Nan Ya Plastics Corporation
- Aditya Birla
Chemicals
- Allnex Group
- Arkema SA
- Evonik
Industries AG
- Sika AG
- Reichhold LLC
Key questions addressed in the report:
·
What
is the expected market size of the global Waterborne Epoxy Resin market during
the forecast period?
·
What
CAGR is the global market expected to register during the forecast period?
·
Which
key factors are expected to boost global market growth between 2021 and 2028?
·
What
are the key restraints that are expected to hamper global market growth?
·
Which regional market is
expected to register robust CAGR during the forecast period?
·
Which
key players are operating the global Waterborne Epoxy Resin market?
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Waterborne Epoxy Resin Market Segmentation:
End-Use Outlook:
·
Building &
Construction
·
Electrical &
Electronics
·
Automotive
·
Textiles & Packaging
·
Others
Application Outlook:
·
Adhesives
·
Coatings
·
Composites
·
Others
Key Regional Markets Covered in the Report:
·
North America (U.S.A.,
Canada, Mexico)
·
Europe (Italy, U.K.,
Germany, France, Rest of Europe)
·
Asia Pacific (India,
China, Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile,
Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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