Exploring the Growth Potential of the Global Epoxy Resin Market

Wednesday, 6 March 2024, 15:00
The global epoxy resin market is projected to hit USD 21.65 billion by 2030, with a steady CAGR of 6.93%. The increasing demand for epoxy resins in the paints and coatings sector, driven by the expanding construction industry worldwide, is a key growth catalyst. Epoxy resins are known for their exceptional properties such as corrosion resistance, toughness, and chemical durability, making them indispensable in various industrial applications.
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Exploring the Growth Potential of the Global Epoxy Resin Market

Global Epoxy Resin Market Overview

Epoxy resin is copolymerized epoxide with two hydroxyls and is widely used for its versatile properties.

Key Factors Driving Growth:

  • Rising demand in paints and coatings industry
  • Global construction industry boom

Main Attributes:

  1. Corrosion resistance
  2. Toughness
  3. Chemical resistance
  4. Moisture resistance

Epoxy resins play a crucial role in various industrial applications due to their exceptional characteristics.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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