Epoxy Resins Market Will Grasp 10.5 Billion By 2017
International epoxy resins market was valued at roughly USD 7.1 billion in 2014 and is anticipated to achieve USD 10.5 billion by 2020, growing at a CAGR of round 7% between
Zion Analysis has published a new report titled “Epoxy Resins Marketplace for Paints & Coatings, Wind Energy, Composites, Construction, Electrical & alternative energy sources geothermal Electronics, Adhesives and Different Functions: International Trade Perspective, Complete Analysis, and Forecast, 2014 – 2020” Based on the report, the worldwide epoxy resins market was valued at approximately USD 7.1 billion in 2014 and is anticipated to succeed in USD 10.5 billion by 2020, rising at a CAGR of round 7% between 2015 and 2020. In terms of quantity, international epoxy resins market stood at 2.50 million tons in 2014.
Epoxy resins are low molecular weight pre-polymers or alternative energy sources geothermal greater molecular weight polymers. Epoxy resins are thermosetting polymers containing epoxide as a basic useful group. Curing of epoxy resins is finished either by cross reacting with themselves or with the assistance of curing brokers equivalent to amines, acids, thiols and phenols. The essential raw materials for producing epoxy resins embrace bisphenol A (BPA), epichlorohydrin, phenols, aromatic amines, and aliphatic alcohols.
Browse the total “Epoxy Resins Marketplace for Paints & Coatings, Wind Vitality, Composites, Building, Electrical & Electronics, Adhesives and Other Purposes: International Industry Perspective, Comprehensive Evaluation, and Forecast, 2014 – 2020” report at http://www.marketresearchstore.com/report/epoxy-resins-market-for-paints-coatings-wind-z38104