Global Waterborne Epoxy Resin Market report, market size, share, trends, analysis and forecast to 2028
Stratistics MRC’s Global Waterborne Epoxy Resin Market value is expected to reach $8.50 billion growing at a CAGR of 11.1% during 2022-2028.
Waterborne epoxy resins are extensively used due to their low volatile organic compound (VOC) emission. These resins offer a high degree of compatibility with several components and have the capacity to be formulated with wetting agents, co-solvents, and additives in order to achieve formulations for superior adhesion to substrate high cure corrosion resistance. Waterborne epoxy resins are used in several applications such as adhesives, coatings, composites, and others.
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By geography, North America is projected to hold the largest market share during the forecast period. The growth is attributed to North America; governments have executed stringent norms to control VOC emissions. It is set to spur the demand for waterborne epoxy resins as these rules would be able to lower the effects of VOCs on the environment and health. Moreover, demand from various industries including marine, turbine, and aerospace are some of the factors propelling the market growth in this province.
Some of the key players profiled in the Waterborne Epoxy Resin Market include Reichhold LLC Olin Corporation, Nan Ya Plastics Corporation, Kukdo Chemical Co., Ltd, Huntsman Corporation, Hexion Inc, Helios Resins, Evonik Industries AG, Dongguan Rong Chemical Co., Ltd, DIC Corporation, Conren, Ciech S.A., Cardolite Corporation, Baling Petrochemical Co., Ltd, Allnex GmbH, Aditya Birla Chemicals (Thailand) Ltd, Adeka Corporation, Engineered Polymer Solutions (EPS).
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