"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Epoxy Resin E-44 Market Size, Share & Industry Analysis, By Type (Single component, Two component, Multi component), By Application (Paints & Coatings, Composites, Construction) And Regional Forecast 2021-2028

Region : Global | Report ID: FBI104304 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Epoxy resins E-44 are resins that form the functional group of epoxide. These thermosetting polymers with an excellent material characteristics, are gaining popularity in the manufacturing sector. In the current scenario, the versatility of epoxy resins across different end-use industries is the key factor driving growth of global epoxy resins market. The growing demand from electrical and electronic industries , fiber-reinforced plastics industries and metal coatings industries is likely to expand the global market during the forecast period.


Growing demand for epoxy-based composites in car and aircraft engineering is likely to drive the growth of the global market for epoxy resins. Aerospace industry uses complex nanosized composites with an excellent mechanical properties. Moreover, the rising need to improve the efficiency of commercial and military aircraft has led to the adoption of light-weight, structural materials. Epoxy Resin fits best to these applications as it serves the weight reduction criteria for the aerospace and automotive industries. However, stringent government regulations have been imposed on the use of few agents such as BPA in epoxy resins, due to health concerns. Such strict regulation represents key challenge for manufacturers to grow in this market.


Key Market Driver -

The widespread use in the aerospace and automotive industries is driving the market.

Key Market Restraint -

Health concerns related to certain harmful toxins present is likely to restrict the market growth.


Market Segmentation:


Based on type, the market for Epoxy Resin E-44 is further segmented into Single component, Two component and Multi component. Based on application, the market for Epoxy Resin E-44 is further segmented into Paints & Coatings, Composites and Construction. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global & regional players operating in the Epoxy Resin E-44 market includes, DowDuPont, BASF SE, Mitsui Chemicals, Henkel, Kukdo Chemicals Ltd., DuPont, Huntsman Corporation, NAMA Chemicals, The Dow Chemical Company, and 3M Company


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the epoxy resin e-44 market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Marke


Regional Analysis:


Asia Pacific dominates the global epoxy resin E-44 market due to strong demand from the construction industries. More and more companies are shifting their manufacturing base in these regions owing to the low cost of labours. The robust growth of the aerospace industry in North America is fueling demand for epoxy resins. Epoxy resins ensures weight reduction in the aerospace industry, which results in a substantial decrease in fuel consumption. Europe shows moderate growth owing to the increased investments in technological advancement in the region. However, in Europe strict regulations have been implemented on the use of epoxy resins. According to EU Coatings Sector bisphenol A is expected to cause breast and prostate cancer, diabetes,and other diseases, the manufacturers are focused on increasing production of safer alternatives for epoxy resins used for food packaging industries. This has further led the manufacturers in the region to implement new tecnologies and come up with better alternatives products. The GCC countries continue to contribute to the market growth. Latin America also witnessess decent market growth owing to increased manfucacturing and product developments in the region. For example PPG reported that Latin America sales volumes grew 3.5 percent year on year with net sales being 6.0 percent owing to the acquisitions, led by Comex.


To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE


  DETAILS

By Type




  • Single component

  • Two component

  • Multi component



By Application




  • Paints & Coatings

  • Composites

  • Construction



By Geography




  • North America (USA, and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Epoxy Resin E-44 Industry Developments



  • In April 2017, Hexion a chemical company in Columbia, announced that it has launched a new range of resins under the brand name EPI REZ Resin. These epoxy reins was launched with the intention to expand the product offering for the coating applications.


Epoxy Resin E-44 Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • $4850
    $6850
    $8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

3M
Kpmg
BASF
Iwatani
Mckinsey

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X