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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Waterborne Epoxy Resin Market Trends
Epoxy resins refer to a type of prepolymer and polymers that are known for their strong adhesive qualities. Epoxy resins form a strong and durable substance when mixed with hardeners and curing agents. This is used in a variety of commercial and industrial applications.
Waterborne epoxy resin use water as a solvent to disperse a resin, which makes it environmentally friendly and low in toxicity and flammability. While traditional waterborne resins were water-reducible, modern products are already diluted in water. They have been following the trend to reduce the content of coalescing and process solvents, with a target to reach close to zero VOC.
Rising Demand for Eco-Friendly Products
Regulatory organisations have implemented strict restrictions on the emission of volatile organic compounds (VOCs) with the usage of organic solvents in paints and varnishes. These regulations aim to reduce the impact of VOCs on human health. This can significantly enhance the market growth as waterborne epoxy resins provide zero VOCs emission making them environmentally friendly.
Increasing Utilisation of Epoxy in Automobiles
The demand for lightweight and fuel-efficient vehicles is increasing and to do so, manufacturers are increasingly utilizing adhesives to replace fastening parts including welds, rivets, or bolts. By using adhesives and composites companies aim to reduce the extra weight of products and can further propel the market growth.
Waterborne Epoxy Resin Market Report Snapshots
Waterborne Epoxy Resin Market Size
Waterborne Epoxy Resin Market Trends
Waterborne Epoxy Resin Market Analysis
Waterborne Epoxy Resin Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 8.80% during the period 2024-2032.
The market is driven by the growing demand for eco-friendly products and rising utilisation in the construction and building industry due to the increasing infrastructural development plans introduced by the governments of various countries.
The increasing utilisation of low molecular weight due to its advantages and in the replacement of parts, such as bolts and welds, and the increasing implementation of compounds in the automobile to meet the growing demand for lightweight products is expected to bring further growth opportunities to the market.
The regional markets for the market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The product types in the waterborne epoxy resin market include high molecular weight and low molecular weight.
The applications available for waterborne epoxy resin include composites, coatings, and adhesives, among others.
The end-users utilizing waterborne epoxy resin in the market include automotive, construction, textile, and packaging, among others.
The key players in the market include Hexion Inc., Huntsman International LLC, Kukdo Chemical CO., LTD., ADEKA Corporation, and Evonik Industries AG, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124