![]() |
Market Research Report
Product code
1035065
Opportunities for Epoxy Resin In The Global Composites Market: Growth Trends, Forecast and Competitive Analysis |
Opportunities for Epoxy Resin In The Global Composites Market: Growth Trends, Forecast and Competitive Analysis |
Published: October 1, 2021
Lucintel
Content info: 152 Pages
Delivery time: 1-2 business days
|
The future of epoxy resin in the global composites industry looks good with opportunities in the transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical and electronics, and consumer goods. The epoxy resin in the global composites industry is expected to reach an estimated $4.4 billion by 2026 with a CAGR of 3.6% from 2021 to 2026. The major drivers of growth for this market are increasing use of epoxy resin in aerospace, electrical and electronic, wind energy, and pipe & tank. Epoxy provides superior properties over other thermoset such as polyester, vinyl ester, etc. in the areas of improved adhesion, chemical and heat resistance along with enhanced mechanical performance.
Emerging trends, which have a direct impact on the dynamics of the industry, include use of hybrid epoxy in electrical and electronics applications, increased use of epoxy resin for prepreg materials, and emergence of next generation resin system which reduces cycle time.
A total of 80 figures / charts and 72 tables are provided in this 152-page report to help in your business decisions.
By Application [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
By Region [Volume (M lbs) and $M shipment analysis from 2015 to 2026]:
Within the epoxy resin in the global composites industry, electrical and electronics will remain the largest application by value. aerospace will experience the highest growth over the forecast period supported by introduction of new aircraft programs and increasing penetration of composites in commercial aircraft such as Boeing 787 and Airbus 350.
APAC will remain the largest region by value and volume due to the increasing demand for tablets, computers, and cell phones in APAC spurred growth for epoxy resin in the electrical and electronics segment. Europe is expected to witness the highest growth over the forecast period.
Some of the epoxy resin in the global composites industry manufacturers profiled in this report include are Hexion, Huntsman, Olin, Nan Ya Plastics, Aditya Birla, and Kukdo Chemical.