Market Size of Europe Epoxy Resins Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Epoxy Resin Market Analysis
The market for Europe epoxy resins is projected to register a CAGR of more than 3% during the forecast period.
- COVID-19 negatively impacted the market in 2020. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
- The growing construction industry and increasing demand for adhesives and sealants from the automotive industry are expected to drive market growth. On the flip side, the hazardous impact of epoxy resins is expected to hinder the market's growth.
- The growing adoption of recyclable and reformable epoxy resin is expected to be a market opportunity in the forecast period. Germany dominates the Europe epoxy resins market, with most of the demand generating from the paints and coatings segment.
