The Global High Performance Epoxy Market is expected to grow at USD 14.9 billion by 2022 growing with the CAGR of X% from 2016 to 2022. High performance epoxy is highly used in aerospace & marine, automotive, consumer goods and others. Performance coating are varnish used to enhance the quality of a surface which includes how it easily gets adapted to different environment when it is exposed. High performance epoxy is an effective technology that is environment friendly and comes in a variety of color combinations. It can also be used in minute-sized components. Performance coatings stands perfectly with respect to being used as a primer coat as well as basecoat. On the other hand Rise of price of High Performance Epoxy and increase in price of raw materials will hinder the market growth.
Geographically, maximum consumer of High Performance Epoxy Market is in Asia-Pacific followed by Middle East & Africa and all of them contributes greatly in the growth of the market. Europe and North America are facing sluggish market growth rate. Growth of high performance epoxy market is Asia Pacific is maximum due to the growing use of High Performance Epoxy for various applications along with macroeconomic growth of textile industry in the region.
Market Highlights:
High performance Epoxy is utilized to protect metal and concrete structure which includes, tanks and pipes which are affected resulting in corrosion of material as a result of exposure to acid rain and environment. High performance epoxy are utilized mainly in chemical plants, oil refinery, aerospace and marine industries.
High performance Epoxy Market’s drivers are end-use industries which are growing rapidly moreover epoxy has environmental friendly features which makes it suitable to be used in various industries. The market growth might be hindered as high performance epoxy raw material and product is quiet expensive.
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The High Performance Epoxy Market is segmented on the basis of type namely resins, adhesives, pigments, solvents and others. The demand of resins is increasing consistently at the CAGR of XX% over the forecasted period. Further-more adhesives and pigments segment is anticipated to grow at the CAGR of XX% over the forecasted period.
The High Performance Epoxy Market is segmented on end-user namely aerospace & marine, automotive, consumer goods and others. The aerospace & marine segment is anticipated to register a CAGR of XX% over the forecasted period. Consumer goods segment on the other hand is anticipated to register a CAGR of XX% over the forecasted period.
Key Players:
Key players of the Global High Performance Epoxy Market are Euclid Chemical Company, Sherwin-Williams Company, Rust-Oleum, V8 Floor Systems, Huntsman International LLC, Benjamin Moore & Co., FORREST Technical Coatings, Xtreme Engineered Floor Systems, Simpson Strong Tie, Zeraus Products Inc., Smooth-On, Inc. and others.
Regional Analysis:
Asia-Pacific region is expected to maintain its dominance in the global high performance epoxy market. Emerging markets of China, South Korea, Taiwan and India are expected to boost the Asia Pacific High Performance Epoxy Market. Other emerging markets are North-America and Europe countries.
The largest market of High Performance Epoxy is in Asia-Pacific as it has highest consumer of High Performance Epoxy. China is the leading producer of high performance epoxy followed by South Korea. North-America are second largest market of high performance epoxy.
Taste the market data and market information presented in more than 50 market data tables and figures spread over 85 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global High Performance Epoxy Market Research Report –Forecast to 2022.
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Key Points from Table of Content:
11. Company Profiles
11.1 Aksa Akrilik Kimya Sanayii A.Ş
11.1.1 Overview
11.1.2 Financials
11.1.3 Portfolio
11.1.4 Business Strategies
11.1.5 Recent Development
11.2 Aditya Birla Group
11.2.1 Overview
11.2.2 Financials
11.2.3 Portfolio
11.2.4 Business Strategies
11.2.5 Recent Development
11.3 Dralon
11.3.1 Overview
11.3.2 Financials
11.3.3 Portfolio
11.3.4 Business Strategies
11.3.5 Recent Development
11.4 Jilin Chemical Fiber Group Company
11.4.1 Overview
11.4.2 Financials
11.4.3 Portfolio
11.4.4 Business Strategies
11.4.5 Recent Development
11.5 Taekwang industrial Co. Ltd
11.5.1 Overview
11.5.2 Financials
11.5.3 Portfolio
11.5.4 Business Strategies
11.5.5 Recent Development
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