Waterborne Epoxy Resins Market CAGR of%, international growth, new updates, trends, and Size in 2022

Waterborne epoxy resins are a type of resin that are widely used in various applications such as coatings, adhesives, and composites. They are made by reacting epichlorohydrin with bisphenol A in the presence of a water-soluble catalyst. Waterborne epoxy resins offer several advantages over traditional solvent-based epoxy resins, including lower VOC emissions, improved environmental performance, and ease of use.

Market Overview:

The global waterborne epoxy resins market is expected to grow at a significant rate in the coming years, driven by increasing demand from various end-use industries such as construction, automotive, and aerospace. The market is also being driven by the growing awareness about the environmental impact of traditional solvent-based epoxy resins, which has led to the adoption of waterborne epoxy resins as a more sustainable alternative.

Application:

Waterborne epoxy resins find extensive application in coatings, adhesives, and composites. The coatings application segment is expected to hold the largest market share due to its extensive use in the construction and automotive industries. Waterborne epoxy coatings are widely used in various applications such as floor coatings, concrete coatings, and metal coatings, among others.

Region:

Asia-Pacific is expected to be the largest market for waterborne epoxy resins due to the increasing demand from the construction and automotive industries in the region. China is expected to be the largest market in the Asia-Pacific region due to the country's rapidly growing construction and automotive industries. North America and Europe are also significant markets due to the increasing demand for sustainable materials in the region.

Key Players:

The key players operating in the waterborne epoxy resins market include Hexion Inc., Aditya Birla Chemicals, Nan Ya Plastics Corporation, Allnex Group, Inc., Huntsman Corporation, Olin Corporation, Kukdo Chemical Co., Ltd., and BASF SE, among others.

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Conclusion:

The global waterborne epoxy resins market is expected to grow significantly in the coming years, driven by increasing demand from various end-use industries and the growing awareness about the environmental impact of traditional solvent-based epoxy resins. The Asia-Pacific region is expected to be the largest market due to the increasing demand from the construction and automotive industries in the region.

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