The next five years, the global market value of water based epoxy resin will reach $1 billion 220 million, The fastest growth is in the construction field , China accounts for about 30%

2017-05-31

According to the relevant research report released "2020 global waterborne epoxy resin market trend and forecast (according to the application ((coatings, composites, adhesives and other industries )), terminal (automotive, construction, textile, furniture, packaging etc.)) and regional division)" carried out the analysis and forecast of market scale of water epoxy resin. Global water based epoxy resin market value is expected to reach $1 billion 220 million by 2020.

Asia Pacific – The largest market for waterborne epoxy resins

The Asia Pacific region is one of the world's fastest growing markets for waterborne epoxy resins and is expected to continue in the future. As the largest market for waterborne epoxy resin, the Asia Pacific region accounted for more than 51.11% of the market in 2014, mainly due to the Chinese market, China is expected to be the fastest growing country in the region. The rapid development of the Asia Pacific region is mainly due to the growing population, developed and developing economies, good investment policies and government incentives for industrial development.

Coatings - the largest market for waterborne epoxy resins

The paint market is one of the world's largest market for waterborne epoxy resins and is expected to continue in the future. Asia Pacific coating applications continue to dominate the share in 2014. China is expected to be the fastest growing country in the Asia Pacific region. The United States and China's water consumption of epoxy resin comes out in front, while Germany, South Korea, France, Japan, the United Kingdom and Russia is also the main water consumption of epoxy resin. As a key market, China consumes more than half of the Asia Pacific region of waterborne epoxy resin, by a steady increase in consumption of Japan, Taiwan and South Korea. Affected by the ongoing industrialization and manufacturing development, automotive, construction, textile, furniture and packaging areas of water consumption of epoxy resin is also rising, expected 2015-2020 years, the construction industry will be the fastest growing application areas.

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