Key Players in the North American Epoxy Resins market are The Dow Chemical Company (U.S.), Momentive Performance Materials Holdings LLC (U.S.), Nan Ya Plastics Corporation (Taiwan), Kukdo Chemical (South Korea)
(PRWEB) October 07, 2014
The North America Epoxy Resins Market report defines and segments the epoxy resins market in North America with analysis and forecast of revenue. The given market is expected to reach a value of $1,396.9 million by 2017, at a CAGR of 6.2% from 2012 to 2017.
Browse through the TOC of the North America Epoxy Resins Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the concerned market, and is supported by various tables and figures.
Epoxy resin is one of the most successful chemicals in the plastic products segment. Its changeable physical states, cross-linking properties with curing agents, and so on, benefit it as a maker of a wide range of materials, with unique mix of properties. Epoxy resins have penetration in almost all important industries, such as paints, coatings, adhesives, building & construction, wind turbines, composites, and electrical & electronics, among others. Paints and coatings are the primary applications, in terms of utilization of epoxy resins. Formulated or specialty epoxies are modified epoxies, produced for industry applications that demand additional qualities such as flame retardancy; more weather, thermal, and chemical resistivity; high adhesion & strength; and so on.
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The North American region is the third-largest market for epoxy resins globally, after Asia-Pacific and Europe. The countries included in the North American region for this analysis are the U.S., Mexico, and Canada. In recent years, the construction of buildings and expansion of the electrical & electronics industries have been observed to be characteristic to these nations. The major factors driving the growth of the North American epoxy resin market include high demand from current & emerging applications such as electronic applications and construction works, superior structural properties, modernization of infrastructure, and increased demand for efficiency. The region is known for its technological development and product innovations, which are motivating manufacturers to produce high-class products in the market.
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The report covers the North American epoxy resin market, which is segmented on the basis of application and geography. In the North American region, epoxy resins are applied in adhesive, paints & coatings, building & construction, wind turbines, composites, and electrical & electronics, among others.
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