Increased Demand for Paints & Coatings Integral for Global Epoxy Resins Market Growth

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Increased Demand for Paints Coatings Integral
for Global Epoxy Resins Market Growth
Inkwood Research predicts that the Global Epoxy
Resins Market is evaluated to register a CAGR of
5.65 in terms of revenue during the forecasted
period of 2022-2030. Browse 55 Market Data
Tables and 47 Figures spread over 237 Pages,
along with an in-depth TOC on the Global Epoxy
Resins Market Forecast 2022-2030. VIEW TABLE
OF CONTENT LINK - https//www.inkwoodresearch.com/
reports/epoxy-resins- market/table-of-contents Ep
oxy materials refer to organic polymer materials
produced by polymerizing an epoxide with another
compound with two hydroxyl groups. As a synthetic
thermosetting resin type, epoxy resins are
adequately balanced industrial materials with
various physical forms, ranging from low
viscosity liquids to high melting solids.
REQUEST FREE SAMPLE LINK - https//www.inkwoodrese
arch.com/reports/epoxy-resins- market/request-fre
e-sample Increased Demand for Paints Coatings
to Propel Market Growth The rising applications
of epoxy resins within the paints coatings
industry, in addition to the rising demand for
paints and coatings, primarily fuel the global
markets growth. Epoxy resins play an
essential role in enhancing paints and coatings
products, with the most common being construction
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(flooring), water sewage treatment,
shipbuilding, and home appliances. Through the
addition of new performance characteristics to
the material, they either coat or bond. As a
result, this improves technical superiority as
well as efficiency. Novolac (Formaldehyde
Phenols) is the Fastest-Growing Raw
Material Novolac epoxy resin comprises two epoxy
groups per molecule, therefore characterized as
multifunctional epoxy resins. Besides, these are
polyepoxides acquired through the reaction of a
phenolic novolac resin with ECH. These resins are
preferred for high-performance applications
necessitating excellent solvent resistance,
chemical resistance, and exceptional
high-temperature resistance. Furthermore, they
can also be utilized for maintenance coatings,
corrosion-resistant marine coatings, and
industrial coatings. Asia-Pacific to be the
Dominating Region by 2030 The market growth in
the Asia-Pacific is mainly accredited to the
regions developing RD sector, the high
population base, the growth recorded in several
industries, as well as the increasing number of
applications. The key industrial segments
utilizing epoxy resins include building
construction, electronics, and paints
coatings. The Asia-Pacific has also witnessed
substantial electrical and electronics capacity
expansions over recent years. In addition, the
majority of manufacturers actively participate in
the expansion plans of the region as well. The
availability of energy and skilled labor at
competitive rates and the swiftly improving
infrastructure further facilitate the capacity
expansions across the Asia-Pacific, particularly
by leading epoxy resins manufacturers. Several
top firms are heavily investing in research and
development. Besides, they also establish efforts
towards presenting the market with better
products. Hence, owing to these factors, the
competition is set to be high among domestic and
international vendors within the global epoxy
resins market. Leading players operating in the
global epoxy resins market are Nan Ya Plastics
Corp, BASF, Dow Chemical, Kukdo Chemical Co,
etc. Request for Customization
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reports and consulting services. Market
intelligence studies with relevant fact-based
research are customized across industry verticals
such as technology, automotive, chemicals,
materials, healthcare, and energy, with an
objective comprehension that acknowledges the
business environments. Our geographical analysis
comprises North South America, CEE, CIS, Middle
East, Europe, Asia, and Africa. Contact
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