The global waterborne epoxy resin Market is
expected to witness a higher growth in forthcoming years. The waterborne epoxy
resins with low molecular weight are growing very fast amongst all segments
because of its use in coatings, adhesives and composites. Reason for this
being, waterborne epoxy resins offer good abrasion resistance, work extremely
well with dry surfaces, mix very easily and exhibit less odor.
Waterborne epoxy resins are found
in coatings, adhesives and composites and the market for waterborne epoxy
resins contemplates to be very cheerful during forecast period due to
ever-growing infrastructural developments in emerging economies such as Asia- Pacific
and Middle-East.
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Waterborne Epoxy Resin Market at:
Growing inclination towards green
and eco-friendly products with epoxy resins contribution is very high because
of government laws regulating VOC emissions from solvent based coatings.
Main drivers for growth in
eco-friendly waterborne epoxy resins market include absolute absence of
solvents which evaporate during curing phase drawing on less adhesion and low
performance. Government proposals and investments on commercial establishments
and construction avenues is growing demand for low molecular weight waterborne
epoxy resins market.
Asia Pacific comprises the
largest market in waterborne epoxy resins most importantly India and China and
end-use industries such as construction, automotive, textile, packaging and
furniture are garnering increasing favor with epoxy resins, thus acting as
imminent growth drivers for epoxy resins market in these regions. Simultaneous
development amongst local competitors and growth in emerging economies of Asia
Pacific will contribute significantly towards growth of epoxy resins market.
The waterborne epoxy resins market has a significant industry prominence
scattered around the globe that contributes to market growth and concentration
of players regionally makes for market growth in all.
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Segmentation of waterborne epoxy
resins market by type and analysis includes low molecular weight and high
molecular weight. Segmentation of waterborne epoxy resins market by
applications includes construction, textile, packaging, automotive and
furniture. The construction segment possesses major market shares in waterborne
epoxy resin industry and this is bound to dominate markets in coming years.
With additional investments being pumped into the industry, waterborne epoxy
resins market will dominate growth in forecast years. The key market players in
the waterborne epoxy resins industry include Hexion, Inc., Allnex, GmbH,
Huntsman Corporation, Evonik Industries, Olin Corporation, Kukdo chemical
Co.Ltd., Aditya Birla Chemicals, ADEKA Corporation and Helios Resins.
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