Segment Analysis:Global Epoxy Resin Market has been segmented on the basis of type, technology, application, and region.
In 2016, the glycidyl epoxy segment held the largest share of the market and is projected to grow at CAGR of 5.33%, on account of increasing use of this type in key end user industries such as automotive and building & construction.Based on Technology, the market is categorized into liquid epoxy, waterborne epoxy, solvent cut epoxy, and others.
However, the waterborne epoxy poised to emerge as the substantial segment growing at highest CAGR, among others.
Asia Pacific market is followed by North America, which is accounted for the second largest number of shares in the Global Epoxy Resin Market, as of 2016.
Country wise, China is the leading market, in terms of value and volume, followed by the U.S.
In coming years, Latin America is set to emerge as a significant market for Epoxy Resin, which is estimated to grow at highest CAGR due to rise of major end users in this region.Market Research Future will be publishing a Cooked Research Report on “Global Epoxy Resin Market” that contains the information from 2017 to 2023.