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%
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.