Dublin, Jan. 04, 2018 (GLOBE NEWSWIRE) -- The "Growth Opportunities for Epoxy Resin in the Global Composites Industry" report has been added to Research and Markets' offering.
Epoxy resin in the global composites industry is expected to reach an estimated $5.3 billion by 2022 and it is forecast to grow at a CAGR of 4.5% from 2017 to 2022.
The future of epoxy resin in the global composites industry looks good with opportunities in the transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical and electronics, and consumer goods.The major drivers of growth for this market are increasing use of epoxy resin in aerospace, electrical and electronic, wind energy, and pipe & tank. Epoxy provides superior properties over other thermoset such as polyester, vinyl ester, etc. in the areas of improved adhesion, chemical and heat resistance along with enhanced mechanical performance.
Emerging trends, which have a direct impact on the dynamics of epoxy resin in the global composites industry, include the development of new generation epoxy resin systems that include faster cure cycles, easier demolding, and more process versatility and the use of hybrid epoxy in electrical and electronics applications.
The study includes the market size of epoxy resin in the global composites industry and forecast for epoxy resin in the global composites industry by end use industry, region and by country as follows:
Epoxy resin in the global composites industry by end use industry (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):
- Transportation
- Marine
- Wind Energy
- Aerospace
- Pipe and Tank
- Construction
- Electrical and Electronics
- Consumer Goods
- Others
Epoxy resin in the global composites industry by country (Value ($M) and Volume (M lbs) shipment analysis for 2011 - 2022):
- US
- Canada
- Germany
- UK
- France
- China
- Taiwan
- India
- Middle East
- Others
Epoxy resin in the global composites companies profiled in this market include Hexion, Huntsman Corporations, Olin Corporation, and Nan Ya Plastics Corporation are among the major suppliers of epoxy resin for the global composites industry.
On the basis of its comprehensive research, Lucintel forecasts that the electrical and electronics segment is expected to remain the largest segment by value and volume and aerospace will experience the highest growth over the forecast period supported by introduction of new aircraft programs and increasing penetration of composites in commercial aircraft such as Boeing 787 and Airbus 350.
Asia Pacific (APAC) is expected to remain the largest region by value and volume.
Some of the features of Growth Opportunities for Epoxy Resin in the Global Composites Industry 2017-2022: Trends, Forecast, and Opportunity Analysis include:
- Market size estimates: Epoxy resin in the global composites industry size estimation in terms of value ($M) and volume (M Lbs.) shipment.
- Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
- Segmentation analysis: Epoxy resin in the global composites industry size by various applications such as end use industry, region and country in terms of value and volume shipment.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of epoxy resin in the global composites industry.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of epoxy resin in the global composites industry.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macroeconomic Trends and Forecast
3.2: Trends and Forecast for Epoxy Resin in the Global Composites Industry
3.3: Epoxy Resin in the Global Composites Industry by Application
3.3.1: Transportation
3.3.2: Marine
3.3.3: Wind Energy
3.3.4: Aerospace
3.3.5: Pipe and Tank
3.3.6: Construction
3.3.7: Electrical and Electronics
3.3.8: Consumer Goods
3.3.9: Others
4. Market Trends and Forecast Analysis by Region
4.1: Epoxy Resin in the Global Composites Industry by Region
4.2: Epoxy Resin in the North American Composites Industry
4.2.1: Market by Application: Transportation, Marine, Wind Energy, Aerospace, Pipe and Tank, Construction, E&E, Consumer Goods, and Others
4.3: Epoxy Resin in the European Composites Industry
4.3.1: Market by Application: Transportation, Marine, Wind Energy, Aerospace, Pipe and Tank, Construction, E&E, Consumer Goods, and Others
4.4: Epoxy Resin in the APAC Composites Industry
4.4.1: Market by Application: Transportation, Marine, Wind Energy, Aerospace, Pipe and Tank, Construction, E&E, Consumer Goods, and Others
4.5: Epoxy Resin in the ROW Composites Industry
4.5.1: Market by Application: Transportation, Marine, Wind Energy, Aerospace, Pipe and Tank, Construction, E&E, Consumer Goods, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter's Five Forces Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for Epoxy Resin in the Global Composites Industry by Application
7.1.2: Growth Opportunities for Epoxy Resin in the Global Composites Industry by Region
7.2: Emerging Trends for Epoxy Resin in the Global Composites Industry
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Mergers, Acquisitions and Joint Ventures for Epoxy Resin in the Global Composites Industry
7.3.3: Certification and Licensing
8. Company Profiles of Leading Players
- Hexion Inc.
- Huntsman Corporation
- Olin Corporation
- Nan Ya Plastics Corporation
- Aditya Birla Chemicals Limited (Thai Epoxy)
- Kukdo Chemical Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/xx7zdr/growth?w=12