Monday, April 22

Global Flexible Epoxy Resin Market Size, Share, Trends, Growth, Analysis, Key Players, Report, Forecast 2023-2028 | EMR Inc.

.The new report by Expert Market Research titled, ‘Global Flexible Epoxy Resin Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the Global Flexible Epoxy Resin market, assessing the market based on its segments like type, applications and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2021): USD 591.8 billion
Forecast CAGR (2023-2028): 6.6%
Forecast Market Size (2027): USD 878.20 billion

According to type, the rubber modified segment holds a substantial proportion of the market. And is expected to rise significantly over the forecast period. Rubber modified epoxy resins are durable and widely used. Also in industrial applications, which is fueling market expansion. The increasing usage of rubber modified epoxy resins as an adhesive.  The booming automotive industries in India, China, Japan. All are driving the market for flexible epoxy resin in Asia Pacific.

Industry Definition and Major Segments

A flexible epoxy resin is defined as a flexible resin obtained by copolymerizing an epoxide with a compound with two hydroxyl groups. It’s a reactive prepolymer that’s commonly used in the coatings and adhesives industries.

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Based on type, the market can be broadly divided into:

Urethane Modified
Rubber Modified
Dimmer Acid Modified

Market segmentation based on significant applications:

Electrical and Electronics
Paints and Coatings

On the Basis of region, the market can be divided into:

North America
Asia Pacific
Latin America
The Middle East and Africa

Market Trends

The growing use of flexible epoxy resin in the paints and coatings industry is driving the global market for the product.  The building and construction sector accounts for a significant portion of these industries.

Key Market Players

The major players in the market are Conren Limited, DIC Corporation The Dow Chemical Company, EPOXONIC GmbH, Hexion Inc. and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players

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Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium-scale enterprises.

EMR customises syndicated reports according to client’s requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate, and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

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