Dublin, Jan. 20, 2023 (GLOBE NEWSWIRE) -- The "Global Epoxy Resin Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Raw Material, Physical Form, Technology, Application, End-User, and Region" report has been added to ResearchAndMarkets.com's offering. The Global Epoxy Resin Market is expected to record a positive CAGR of ~7% during the forecast period (2022-2028), due to the rapid industrialization and rise in demand from the building and construction industries. Due to the adaptive nature of epoxy compounds, resins have gained recognition in several industries such as construction, automobile, aviation, electromechanical, telecommunications, energy, and others. The growing construction industry is expected to augment the growth of the paints and coatings industry. In 2021, the government of Europe planned to construct around 1.5 million housing units. Similarly, the growth in construction activities in countries like Russia, France, the United Kingdom, etc., is expected to drive the growth of the epoxy resin market. For instance, according to the National Development and Reform Commission (NDRC), in 2019, the government of China approved 26 infrastructure projects with a total expected investment of USD 142 billion. Similarly, in 2020, the Communist Party of China announced that the government is planning around USD 1,400 Bn for a digital infrastructure public spending program. Epoxies are made with petroleum-based basic ingredients like BPA (Bisphenol A) and ECH (Epichlorohydrin). Thus, changes in the crude oil price have a considerable impact on the pricing of these many raw materials, as well as the basic costs of epoxy resin. Price fluctuations have a detrimental influence on profit margins, particularly for small-scale producers, which hampers the growth of the market. The market was negatively impacted by the COVID-19 pandemic in 2021, owing to the strict regulations in several countries. This affected various industries such as paints and coatings, adhesives and sealants, electrical and electronics, and others due to supply chain disruptions, work stoppages, and labor shortages. The global pandemic caused a ban on imports-exports thereby disrupting the supply chain and hampering the market. The demand for epoxy resin decreased in the aerospace, transportation, and marine industries, as all the industries were shut and due to this, demand for resin had been impacted negatively. Scope of the Report By Raw Material
North America (USA, Canada, and Mexico)
Europe (France, Italy, Germany, Spain, UK, and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific)
LAMEA (Latin America, Middle East, and Africa)
Aditya Birla Management Corporation Pvt Ltd
Recent Developments Related to Major Players and Organizations
In November 2021, Hexoin Inc. announced its definitive agreement with Westlake Chemical Corporation. Hexion Inc. sold Hexion's global epoxy business for approximately USD 1.2 Bn to Westlake Chemical Corporation company The transaction was completed in the first half of 2022
In October 2021, Azelis Holding S.A. announced their distribution agreement with BASF for the sales of resin products from the company The collaboration boosted the company's lateral value chain by adding market-leading products to its various market segments
On April 1, 2021, Covestro AG successfully completed the acquisition of the Resins & Functional Materials business (RFM) from the Dutch company Royal DSM. The acquisition helped Covestro in the expansion of its portfolio of sustainable coating resin products. Key Topics Covered in the Report
Snapshot of Global Epoxy Resin Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Epoxy Resin Market
Historic Growth of Overall Global Epoxy Resin Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of Global Epoxy Resin Industry
Overview, Product Offerings, and Strength & Weakness of Key Competitors
Covid-19 Impact on the Overall Global Epoxy Resin Market
Future Market Forecast and Growth Rates of the Total Global Epoxy Resin Market and by Segments
Market Size of Application/End User Segments with Historical CAGR and Future Forecasts
Analysis of Global Epoxy Resin Market
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region
For more information about this report visit https://www.researchandmarkets.com/r/ww0h1g
About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
The Berkshire Hathaway vice chairman opens up about an investment misstep in remarks at the Daily Journal annual meeting.
Michael Burry, the investor whose bet on the U.S. mortgage market before 2008-09 was immortalized in "The Big Short" initiated large positions in Alibaba and JD.com.
A new study looked at the prices at several fast-casual and fast-food chains, and at how diners feel about the value offered relative to cost.
Berkshire Hathaway, for the first time in years, neither added a brand new position nor fully liquidated an existing holding in the fourth quarter.
The stock market might be showing some wobbly signs as of late, but the general overall trend has been up this year, with investors showing more appetite for risk. Risk generally comes with betting on smaller names and moving forward, Bank of America thinks that over the coming decade, small caps are primed to surge ahead of the broader market. "If you buy small caps today based on current valuations,” said Jill Carey Hall, BofA’s head of US small- and mid-cap strategy, “the annualized returns f
The heavy selling pressure might have exhausted for Sorrento Therapeutics (SRNE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The co-founder of Texas-based software firm Slync has been accused of misleading investors and shortchanging employees.
Tesla adding to the big gains it notched earlier this week, thanks to a big call from Barclays. On the heels of the White House announcing a deal with Tesla to open up thousands of its superchargers for non-Tesla owners, and likely open up new revenue streams, Barclays analyst Dan Levy is out with a short note launching coverage of the autos sector, with the aforementioned Tesla in the driver’s seat.
The retailer faces doubts about its long-term survival even after getting an unusual financial lifeline.
The SECURE 2.0 Act was recently signed into law by President Biden. Coming just a few years after the first SECURE Act, this legislation makes a bevy of changes designed to make it easier for Americans to save for retirement … Continue reading → The post Retirement Saver's Credit Goes Further in Conversion to Saver's Match appeared first on SmartAsset Blog.
Shopify produced a better holiday quarter than expected, but a forecast for slowing revenue growth hit the stock in late trading.
The rate on U.S. six-month Treasury bills surpassed 5% on Tuesday, meaning investors can earn even more on their short-term cash.
The technology sector is home to many of the best stocks to buy or watch, although it's slim pickings these days.
(Reuters) -Roku Inc said on Wednesday it was keeping a lid on costs and forecast first-quarter revenue above Wall Street estimates, as the company bet on its streaming devices and content platform to drive growth. Shares of the San Jose, California-based company rose 20% in after-market trading and later pared gains to 10% after Roku also beat fourth-quarter revenue estimates and reported a 16% jump in active users. Roku, which has benefited from the rise in subscription-based streaming services, has pushed to put out more original content on its own streaming channel to gain subscribers and advertisers.
If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. You can already get 5% on a one-year CD if you shop around, and there should be more—and maybe better—on offer soon following the latest economic news, which has sent the money markets jumping around. January’s inflation data came in higher than expected, and the markets were surprised by the news, even though Federal Reserve Chairman Jay Powell had basically told them this was going to happen at his press conference a couple of weeks ago.
Chip design software maker Synopsys delivered better-than-expected earnings on in-line sales for its fiscal first quarter.
Boeing will deliver 220 aircraft to Air India as part of a $34 billion deal. Boeing stock climbed early Tuesday following the news.
Berkshire Hathaway Inc. revealed several changes to its stock portfolio in documents filed with the Securities and Exchange Commission Tuesday. Many investors follow the company's moves closely because of Buffett's remarkably successful investing record over the decades. Berkshire picked up nearly 21 million more shares in the iPhone maker during the final three months of last year to give it 915.6 million shares at the end of 2022.
Credo Technology stock suffering record selloff a day after closing at a record after customer cuts purchases.
Shares of Trade Desk Inc. surged on Wednesday after the advertising-technology company issued an upbeat outlook that helped quell fears about the digital-ad market. Chief Executive Jeff Green spoke positively on the earnings call about the company’s performance relative to rivals, saying that the company grew 24% in the fourth quarter while most of its “large competitors” saw negative growth. Trade Desk’s (TTD) revenue rose to $491 million from $396 million, while analysts tracked by FactSet were modeling $490 million.