Global Market Size of Epoxy Resin Market – 10 Year Market Forecast

Advanced Materials

Epoxy Resins Market Size Forecast 2022-2029

 

Epoxy Resin also named polyepoxides known for their excellent mechanical strength and high corrosion resistance property. It is extensively used for coating and adhesive purposes. The key restraint is the cost associated with epoxy resin and the long curing time. The market size of the Epoxy Resin market 2022 is estimated at around USD 11.32 billion and is expected to reach USD 16.81 billion by 2029.The CAGR of the Global Epoxy Resin market is estimated at around 6%.

Frequently Asked Questions(FAQ)

• What are the drivers for the growth of this market?

• An increase in demand from end-use industries and need for lightweight composites in aerospace and wind turbine applications are likely to drive the market towards growth.
• What is the CAGR for this market during the forecast period?

• The CAGR for this market during the forecast period is 6%.
• What is the cumulative market value for this market during the forecast period?

• The cumulative market value for this market during the forecast period is 134.86.
• How is the epoxy resin market segmented?

• The epoxy resin market segmented by type, physical form, end-user, application and region.
• What is Global Market Database?

• Global Market Database is a market research platform that studies the changing market trends for epoxy resin market.

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