Market Research Future - Premium Research Reports Epoxy Resin Market Information 2016-2022
Global Epoxy Resin Market is Predicted to Grow
at Approximately 6% by 2022
Market Research Future published a half cooked research report on Global Epoxy Resin Market. The
Global Epoxy Resin Market is expected to grow over the CAGR of around 6% during the period 2016 to
2022.
Market Highlights
Epoxy resins are the highly preferred thermoplastics for manufacturing composite materials due to their
properties such as external force proof, high thermal stability, moisture proof, and heat proof. The
growth of the industry is highly dependent on the consumption of these resins in various industries such
as construction, automotive, aerospace, electronics, marine among others.
Increased investment in R&D in the resins market by the manufacturers is expected to widen the scope
of epoxy resin across various industrial applications. Global demand is also fueled by increased power
installation capacity, especially wind energy. The global epoxy resin market is expected to cross USD 9
Billion mark at the end of the forecasted period and is expected to show a staggering growth at CAGR of
approximately 6% from 2016 to 2022.
Drivers of Global Epoxy Resin Market
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