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Waterborne Epoxy Resin Market to Reach USD 7.2 Billion by 2019: MarketsandMarkets

Published on 2015-03-02. Author : SpecialChem

The report “Waterborne Epoxy Resins Market by Application (Coatings, Composites, Adhesives, Others), by End-User Industry (Automotive, Construction, Textiles, Furniture, Packaging, Others) & Region - Global Trends & Forecasts to 2020” defines and segments the waterborne epoxy resins market with analysis and forecast of the market size.

Waterborne epoxy resins market is projected to reach $7.2 billion by 2019, signifying firm annualized growth of 6.90% between 2014 and 2019.

The report “Waterborne Epoxy Resins Market by Application (Coatings, Composites, Adhesives, Others), by End-User Industry (Automotive, Construction, Textiles, Furniture, Packaging, Others) & Region - Global Trends & Forecasts to 2020” defines and segments the waterborne epoxy resins market with analysis and forecast of the market size.

Waterborne epoxy resins market is projected to reach $7.2 billion by 2019, signifying firm annualized growth of 6.90% between 2014 and 2019.

Asia-Pacific – The biggest market of waterborne epoxy resins
The waterborne epoxy resins market in Asia-Pacific is one of the
fastest-growing consumers across the globe and the trend is expected to continue in the near future. Asia-Pacific is the biggest market for waterborne epoxy resins, and accounted for a share of more than 50.00% of the total market size in terms of volume in 2013 which was majorly contributed by China. It is also estimated that China is the fastest-growing market of waterborne epoxy resins in the region. The high growth in this region is mainly driven by growing population, vast economies–developed as well as developing, favorable investment policies, and government initiatives to promote industrial growth.

Coatings – The largest market for waterborne epoxy resins
The coatings market is one of the largest types globally and the trend is expected to continue in the near future. Asia-Pacific region constitutes a major share in coating application in the year 2013. It is also estimated that China is the fastest-growing market of coatings industry in the Asia-Pacific region.

The U.S. and China are at forefront of waterborne epoxy resins consumption, while Germany, South Korea France, Japan, U.K. and Russia are other key markets for waterborne epoxy resins consumption. China is the key market in Asia-Pacific, consuming more than half of the demand for the waterborne epoxy resins, followed by Japan, Taiwan and South Korea where consumption is growing at a steady rate. Increase in the consumption of waterborne epoxy resins in automotive, construction, textiles, furniture and packaging has been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. Construction is projected to be the fastest-growing application segment followed between 2014 and 2019.

About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. The company specializes in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Its 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

Source: MarketsandMarkets


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