$5.3 Billion Growth Opportunities for Epoxy Resin in the Global Composites Industry, 2017-2022 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Growth
Opportunities for Epoxy Resin in the Global Composites Industry"
report has been added to Research and Markets' offering.

Epoxy resin in the global composites industry is expected to reach an
estimated $5.3 billion by 2022 and it is forecast to grow at a CAGR of
4.5% from 2017 to 2022.

The future of epoxy resin in the global composites industry looks good
with opportunities in the transportation, marine, wind energy,
aerospace, pipe & tank, construction, electrical and electronics, and
consumer goods. The major drivers of growth for this market are
increasing use of epoxy resin in aerospace, electrical and electronic,
wind energy, and pipe & tank. Epoxy provides superior properties over
other thermoset such as polyester, vinyl ester, etc. in the areas of
improved adhesion, chemical and heat resistance along with enhanced
mechanical performance.

Emerging trends, which have a direct impact on the dynamics of epoxy
resin in the global composites industry, include the development of new
generation epoxy resin systems that include faster cure cycles, easier
demolding, and more process versatility and the use of hybrid epoxy in
electrical and electronics applications.

Epoxy resin in the global composites companies profiled in this market
include Hexion, Huntsman Corporations, Olin Corporation, and Nan Ya
Plastics Corporation are among the major suppliers of epoxy resin for
the global composites industry.

The electrical and electronics segment is expected to remain the largest
segment by value and volume and aerospace will experience the highest
growth over the forecast period supported by introduction of new
aircraft programs and increasing penetration of composites in commercial
aircraft such as Boeing 787 and Airbus 350.

Asia Pacific (APAC) is expected to remain the largest region by value
and volume.

Epoxy resin in the global composites industry by end use
industry (Value ($M) and Volume (M lbs) shipment analysis for 2011 –
2022):

• Transportation
• Marine
• Wind Energy
• Aerospace
• Pipe and Tank
• Construction
• Electrical and Electronics
• Consumer Goods
• Others

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2011 to 2022

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Cost Structure Analysis

7. Growth Opportunities and Strategic Analysis

8. Company Profiles of Leading Players

• Hexion Inc.
• Huntsman Corporation
• Olin Corporation
• Nan Ya Plastics Corporation
• Aditya Birla Chemicals Limited (Thai Epoxy)
• Kukdo Chemical Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/45r2x9/5_3_billion?w=4

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Related
Topics: Plastic
Resins, Composites