MARKET OVERVIEW
Waterborne epoxy resin is a type of epoxy resin that is dispersed in water rather than in a solvent. It is a highly versatile and durable material that is commonly used in a range of applications, including coatings, adhesives, and composites. Waterborne epoxy resins are known for their excellent mechanical properties, such as high strength and toughness, as well as their resistance to heat, water, and chemicals. They also offer excellent adhesion to a variety of substrates, making them ideal for use in a variety of industries, including construction, transportation, and electronics. The increasing demand for more sustainable and environmentally-friendly materials is driving the growth of the waterborne epoxy resin market, as waterborne epoxy resins are considered to be a more environmentally-friendly alternative to traditional solvent-based epoxy resins.
Market Dynamics
An increase in demand from the painting and coating industries propels the growth of the waterborne epoxy resin market. Another factor which acts as a driver in the growth of the market is the property of amorphous thermosets along with other characteristics such as excellent mechanical strength and toughness, which makes waterborne epoxy resins most widely used resin in industries. However, the emergence of bio-based resins coupled with fluctuating raw material prices can hamper the growth of the market in the long run. The global waterborne resin market is anticipated to foster in the years to come because of the rising demand of waterborne epoxy resin composites in the wind and aerospace industries.
Market Scope
The "Global Waterborne Epoxy Resin Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on global market trend analysis. The report aims to provide an overview of the waterborne epoxy resin market with detailed market segmentation by type, application, end use industry and geography. The global waterborne epoxy resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading waterborne epoxy resin players and offers key trends and opportunities in the market.
Market Segmentation
The global waterborne epoxy resin market is segmented on the basis of type, application, end use industry and geography. On the basis of type the market segmented into high molecular weight, low molecular weight and others. The market on the basis of application is broken into coatings, adhesives, composites and others. As per end use industry the market is bifurcated into construction, automotive, textile, packaging, furniture and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the waterborne epoxy resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The waterborne epoxy resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the waterborne epoxy resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the waterborne epoxy resin market in these regions.Â
MARKET PLAYERS
The reports cover key developments in the waterborne epoxy resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from waterborne epoxy resin market are anticipated to lucrative growth opportunities in the future with the rising demand for waterborne epoxy resins in the global market. Below mentioned is the list of few companies engaged in the waterborne epoxy resin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the waterborne epoxy resin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aditya Birla Chemicals Ltd.
- Allnex GmbH
- Allnex Hexion Inc.
- Evonik Industries AG
- Huntsman Corporation
- Kukdo Chemical Co., Ltd.
- Miller-Stephenson Chemical Company, Inc.
- Olin Corporation
- Perma Enterprise Co.
- Reichhold LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.