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Global Epoxy Resin Market Expected to Reach $11.28 Billion by 2026

2024-07-18 16:52:00.854000

The global epoxy primer market is projected to reach USD 12.50 billion by 2026, growing at a CAGR of 4.90% from 2019 to 2026 [765fcb09]. The global epoxy resin market is also expected to reach USD 11.28 billion by 2026 [89d8b247]. Epoxy resins are used in various industries, including electronics, paints and coatings, adhesives, composites, and wind turbines [89d8b247]. The demand for epoxy composites is driven by the aerospace, automotive, and commercial aviation sectors [89d8b247]. The leading companies in the epoxy primer market include PPG Industries, Akzonobel, Nippon Paint, 3M, Sherwin-Williams, Jotun, Asian Paints, Kansai Paint, Axalta Coating Systems, and BASF SE [765fcb09]. Key players in the epoxy resin market include 3M, BASF SE, DuPont, Huntsman, and Sika AG [89d8b247]. The market is segmented by technology into solvent-borne technology and waterborne technology [765fcb09]. The market is also segmented by substrate into concrete & masonry [765fcb09]. The market's expansion is geographically diverse, with significant growth opportunities in North America, Europe, and Asia-Pacific [765fcb09]. Fluctuations in crude oil prices impact the production of epichlorohydrin, a key raw material for epoxy resins [89d8b247]. The UK's exit from the EU may affect the paints, coatings, and printing inks industry [89d8b247] [765fcb09].

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