Market Size of Flexible Epoxy Resin Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Flexible Epoxy Resin Market Analysis
The global market for flexible epoxy resin is expected to grow at a CAGR of more than 5% during the forecast period. Major factors driving the market studied are growing demand from the construction industry and increasing demand for electrical and electronics during the forecast period. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.
Paints & coatings application is expected to dominate the market studied during the forecast period.
Asia-Pacific region is expected to dominate the global flexible epoxy resin market and is also forecasted to be the fastest-growing market over the forecast period.