Data

    Data Bridge Market Research analyses that the Epoxy Resin Market is expected to reach USD 21.81 billion by 2030, which was USD 13.06 billion in 2022, registering a CAGR of 6.62% during the forecast period of 2023 to 2030.  Industry Analysis Global automotive production increased quickly as a result of rising demand from middle-class families and rising disposable income in emerging markets. In 2021, the paints and coatings application segment dominated the market, accounting for more than 37.0% of total revenue. Epoxy resin-based paints and coatings are widely used in residential and commercial construction, shipbuilding, automotive, and wastewater treatment. The rising number of infrastructure development projects, as well as the rapidly expanding manufacturing industry, are expected to drive the market during the forecast period. Because of government initiatives and funding to maintain development, the country's construction market is expected to outperform ...