Epoxy Resin Market: Global Forecasts to 2021 Sept 2016 | Page 2

Epoxy Resin Market: Global Forecasts to 2021 “Epoxy resin market projected to register CAGR of 5.77% during forecast period” The global epoxy resin market is projected to reach USD 8.77 billion by 2021, registering a CAGR of 5.77% between 2016 and 2021. The market is witnessing a moderate growth rate owing to increasing applications, technological advancements, and growing demand in AsiaPacific. Epoxy resin is largely used in paints & coatings applications. “Epoxy resin market in composites to register the highest growth between 2016 and 2021” The epoxy resin market in the composites application segment is projected to witness the highest growth in. Economic expansion in the developing countries of Asia-Pacific will raise demand for composites insulation in both building construction and automotive industries. © RnRMarketResearch.com ; [email protected]