Key players in the North American Epoxy Resins Market include Hexion Inc. (U.S.), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S), and Spolek Pro Chemickou a Hutni Vyrobu A.S. (Czech Republic).
(PRWEB) March 09, 2015
The North America epoxy resins market report is expected to reach a value of $1,558.7 million by 2019, at a CAGR of 6.2% from 2014 to 2019.
Browse through the TOC of North American Epoxy Resins Market for an analysis of industry trends and segments, with the help of various tables and figures.
Epoxy resin is one of the most widely used chemicals in the plastic products segment. Its changeable physical states, cross-linking properties with curing agents, and so on, benefit the production of a wide range of materials, with a unique mix of properties. Epoxy resins have applications 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 users 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.
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 in 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; and the modernization of infrastructure. The region is known for its technological developments 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. Furthermore, the report provides a detailed analysis of the competitive landscape of the market, in terms of the key companies and their strategies towards acquiring significant shares in the North American market and globally.
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