Lucintel Forecasts the Global Base Epoxy Resin Market to Reach $18 Billion by 2030
Lucintel Forecasts the Global Base Epoxy Resin Market to Reach $18 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global base epoxy resin market looks promising with opportunities in the paint and coatings, composites, electrical and electronics, construction, and adhesives industries. The global base epoxy resin market is expected to reach an estimated $18 billion by 2030 from $12 billion in 2023 at a CAGR of 6% from 2023 to 2030. The major drivers for this market are rise in infrastructure projects, and growth in automotive and electrical & electronics industries.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunity and forecast in global base epoxy resin market to 2030 by application (paint and coatings, composites, electrical and electronics, construction, adhesives, and others).
Lucintel forecasts that paint and coatings will remain the largest application segment over the forecast period due to growth in new infrastructure projects and increasing demand for protection of concrete floors in the industrial and commercial facilities.
Asia Pacific is expected to remain the largest region over the forecast period due to presence of large number of end users of base epoxy resin.
3M, Aditya Birla Chemicals, BASF SE, Daicel Corporation, DuPont, Hexion, Huntsman, NAMA Chemicals, NAN YA Plastic Corp., Olin Corporation are the major suppliers in the base epoxy resin market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056