Global Epoxy Resins Market size estimated to hit $10.5 billion by 2020

Zion Market Research has published a new report titled “Epoxy Resins Market for Paints & Coatings, Wind Energy, Composites, Construction, Electrical & Electronics, Adhesives and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, the global epoxy resins market was valued at approximately USD 7.1 billion in 2014 and is expected to reach USD 10.5 billion by 2020, growing at a CAGR of around 7% between 2015 and 2020. In terms of volume, global epoxy resins market stood at 2.50 million tons in 2014.

Epoxy resins are low molecular weight pre-polymers or higher molecular weight polymers. Epoxy resins are thermosetting polymers containing epoxide as a basic functional group. Curing of epoxy resins is done either by cross-reacting with themselves or with the help of curing agents such as amines, acids, thiols, and phenols. The basic raw materials for producing epoxy resins include bisphenol A (BPA), epichlorohydrin, phenols, aromatic amines, and aliphatic alcohols.

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Major application markets for epoxy resin includes paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others. Epoxy resins are used for manufacturing electrical laminates and printed circuit boards. Laminates manufactured from epoxy resins are primarily used as rods, sheets, and tubes, all of which find applications in concrete molds, wood and metal assemblies, and other building and electrical structures. In addition, the demand for composites and adhesive industries is further propelling the growth of the market. Epoxy resins are also used for producing reinforced plastics, which have applications in automotive, aerospace and marine industries.

Bisphenol A, Epichlorohydrin, phenols, aliphatic alcohols and aromatic amines are some of the important raw materials used in the manufacture of epoxy resins. However, fluctuation in prices of key raw materials of epoxy resin is expected to be a major concern for the manufacturers. The introduction of bio-based epoxy resins is projected to provide immense opportunities to the market in the near future.

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Paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others are the key applications for epoxy resins. Paints and coating were the largest application segment for epoxy resins with over 40% share of total epoxy resins consumed in 2014. Electrical and electronics were the second largest application market for epoxy resins in 2014. Epoxy resins are widely used in the manufacture of insulators, motors, generators, and switchgear.

Asia Pacific region was the leading regional market for epoxy resins with over 60% share in total volume consumed in 2014. China has emerged as a manufacturing hub of the world. Many companies have shifted their production facilities to China owing to the abundant availability of raw material and cheap labor. This has resulted in strong demand for epoxy resins for different end-user industries such as paints & coatings, wind energy, composites, construction, electrical & electronics, etc. North America, Europe, Latin America and Middle East & Africa accounted for a smaller share of the global epoxy resins market. Europe was the second largest regional market for epoxy resins followed by North America.

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Some of the major industry participants in the global epoxy resins market include the Dow Chemical Company, Nan Ya Plastic Corporation, Momentive Specialty Chemicals Inc., Sika AG, Kukdo Chemical Co. Ltd., Cytec, Huntsman Corporation, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling Petrochemical, Spol Chemie and Ashland Inc.

This report segments the global epoxy resins market as follows:

Application Segment Analysis: Paints & coatings, Wind energy, Composites, Construction, Electrical & Electronics, Others

Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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Global Thermosets Market is Anticipated to Grow $140.8 Mn by 2021 End

Zion Market Research has published a new report titled “Thermosets (Phenolic, Epoxy Resins, Cyanate Esters, Polyester Resins, Polyurethane, Vinyl Ester Resins and Others) Market for Aerospace and Defense, Automotive, Construction, Electrical and Electronics, Chemical Tanks and Other End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” According to the report, global demand for thermosets market was valued at over USD  77.3 Million in 2015, is expected to reach around  USD 140.8 Million in 2021 and is anticipated to grow at a CAGR of slightly above 10.5% between 2016 and 2021.

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Powder Coatings Market to Hit $11.0 bn by 2020: Growth Analysis, Company Profiles & Trends

Zion Market Research has published a new report titled “Powder Coatings Market for Automotive, Consumer Goods, General Industry, Architectural, Furniture and Other Applications – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014-2020.” According to the report, global demand for powder coatings was valued at USD 7.5 billion in 2014, and is expected to reach USD 11.0 billion in 2020, growing at a CAGR of 6.8% between 2015 and 2020. In terms of volume, the global powder coatings market stood at 2,045.0 kilo tons in 2014.

Powder coating is applied as dry powder on the object. In powder coating, the powder paints are electrostatically applied over the object. After that it is kept in oven at high temperature so that it can flow and form even layer of coating.  Powder coating offers numerous advantages including protection from corrosions, abrasion, and reaction with chemicals and other solvents. It further increases durability of the object.

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Powder coatings do not have solvents hence become environmentally sustainable and compliant industrial finishes. Strong growth in automotive industry is mainly driving demand for powder coatings. Asia Pacific region is expected to exhibit lucrative growth for powder coating industry due to rising demand for high end luxury cars. High support for the use of powder coatings over conventional materials by regulatory bodies such as EPA and REACHES is expected to drive the market growth over the forecast period.  However, application and design complexity is one of the major challenges for the players of powder coating industry. Continuous innovation with powder coatings would further expand market participation opportunities.

Powder Coatings Market

Consumer goods application was the largest segment of global powder coating industry and accounted for around 20% share of the entire market in 2014. In addition, powder coating is expected to witness the fastest growth from the automotive application segment. Owing to the changing lifestyle coupled with rising disposable income, automotive industry is likely to grow at good CAGR in next five years.

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Asia Pacific was dominating regional market for powder coatings owing to increasing demand from emerging countries such as China and India. It accounts for over 40% share of the overall market volume consumption in 2014. China accounted for largest share in volumetric consumption of powder coatings. North America and Europe are estimated to grow at sluggish rate over the forecast period.

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Some of the key players of global powder coatings market include AkzoNobel N.V., BASF, PPG Industries Inc, Valspar Corporation, Sherwin William, Evonik Industries, DuPont, Nippon Paint, Eastman Chemical Company, Arkema and Henkel.

This report segments the global powder coatings market as follows:

Powder coatings Market:  Application Segment Analysis

  • Automotive
  • Consumer Goods
  • General Industry
  • Architectural
  • Furniture
  • Others

Powder coatings Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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Plant Growth Regulator Market Rising at $6.4 bn During 2014-2020 globally

Zion Market Research has published a new report titled “Plant Growth Regulators (Auxins, Cytokinins and Others) Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” According to the report, the global plant growth regulators market was valued at approximately USD 3.5 billion in 2014 and is expected to reach approximately USD 6.4 billion by 2020, growing at a CAGR of around 8.2% between 2015 and 2020.

Plant growth regulators, often called as plant exogenous hormone which regulates growth of plants and improve responses to stimuli. The plant regulators are natural or synthetic substances used as promoters and inhibitors. . Ethylene is one of the plant growth regulators used for improving flower production. Plant growth regulators are not harmful human health. Plant hormones used to enhance the natural plant growth processes and are important measures to ensure agricultural production.

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In order to give the users of this report a comprehensive view on the plant growth regulators market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the plant growth regulators market has also been included. The study encompasses a market attractiveness analysis, wherein product segments benchmarked based on their market size, growth rate and general attractiveness.

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Key product segment of plant growth regulator market includes auxins, cytokinins and others (Mepiquate chloride and Gibberellins). Cytokinin was dominant product segment of plant growth regulator market. It accounted for over 40% of total market share in 2014. This segment is expected to witness fastest growth on account of increasing demand for cytokinin in herbal plants production. Auxin is another leading key product segment and it is mainly consumed in cotton production. Rising cotton production due to textile industry is anticipated to propel the demand of auxins in the years to come. Other plant growth regulators include mepiquat chloride and gibberellins. Gibberellin is expected to exhibit significant growth owing to strong demand of gibberellins for protein synthesis in plant body.

Plant Growth Regulators MarketIn 2014, Europe was the key regional market in global plant growth regulators market with over 30% market share. It was majorly due to rising organic farming in this region. Asia Pacific is another key region for plant growth regulators market and projected to witness significant growth over the forecast period. The growth in this region is mainly attributed to increasing cotton production in China and India. North America is expected to exhibit significant growth owing to strong demand for herbal medicines.

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Some of the key players in the global plant growth regulators market include Syngenta AG, BASF, Bayer CropScience, Tata Chemicals Limited, DuPont, NuFarm Limited, Redox Industries Ltd, Sichuan Guoguang Agrochemical Co. Ltd, Crop Care Limited and Valent BioSciences Corporation

This report segments the global plant growth regulators market as follows:

Global Plant Growth Regulators Market: Product Segment Analysis

  • Auxins
  • Cytokinins
  • Others (Mepiquate Chloride and Gibberellins)

Global Plant Growth Regulators Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact US:

Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
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