Epoxy Resin Market - Forecast (2022 - 2027)
Technological advancements have enabled the development of sustainable architectural countertops and surfaces, manufactured from composite blends of recycled glass and epoxies as well as other usually wasted post-consumer materials. With the usage of innovative technology, most of the materials that are recycled can be composed and used by builders to achieve Leadership in Energy and Environmental Design (LEED) credits. Epoxy resin is a type of organic polymers which includes a wide variety and continuous development in its products. It can be used as structural adhesives, coatings, paints, fluxes, and the matrix resin of fiber-reinforced plastic materials. The increasing demand for paints and coatings in construction sector is driving the growth of the epoxy resin market. According to a recent market research report from IndustryARC, the global epoxy resin market size was approximately $2,460 million as of 2018, and the demand is projected to increment at a CAGR of 2.5% over the fo...