The North American Epoxy Resins market worth $1,558.7 Million by 2019

The Report "The North American Epoxy Resins market-forecast to 2019" is expected to grow due to the growing demand from application segments such as coating processes and construction works in the region for the value of $1,558.7 Million by 2019, estimated to grow at a CAGR of  6.2 %, during the forecast period of 2014 to 2019.

                                                                                       

 Browse through the TOC of “The North American Epoxy Resins market”, to get an idea of the in-depth analysis provided.

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The North America Epoxy Resin Market, along with its end products, has witnessed a linear growth in the past few years and this growth is estimated to increase in the coming years. Epoxy resins are thermosetting polymers and are used as adhesives, high-performance coatings, and encapsulating materials. Epoxies have a large number of advantages over other materials, the most important being their versatility. Their major application industries include paints & coatings, electronic & electrical appliances, and composites, among others. The increasing consumption by these application industries, technological advancements, and the growing demand from the aerospace Industry are expected to be the key influencing factors for the North American epoxy resin market during the period, 2014 to 2019.

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.

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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