DALLAS, March 26, 2015
/PRNewswire/ --
The North
America epoxy resin market research provides an all-round
picture, the current market demand and forecasts on the basis of
growth and applications - New Research Available
at RnRMarketResearch.com
The report covers the epoxy resin market in North America, and the market is segmented on
the basis of application and geography, for a comprehensive
analysis of the market. The market data for these applications is
given in terms of Volume (KT) and Value (USD Million). The value of
the epoxy resin market in North
America was estimated to be $1,154.1
million in 2014 and is projected to grow at a CAGR of about
6.2% from 2014 to 2019. Complete report on North America Epoxy
Resin Market, by (Electrical & Electronics, Paints &
Coatings, Composites, Wind Turbine, Construction, Adhesives), and
Country (US, Canada, Mexico) - Trends &
Forecasts to 2019 available at
http://www.rnrmarketresearch.com/north-america-epoxy-resin-market-by-electrical-electronics-paints-coatings-composites-wind-turbine-construction-adhesives-and-country-us-canada-mexico-trends-forecasts-to-2019-market-report.html
.
The North America epoxy resin
market has been analyzed based on the current proceedings in the
industry at the commercial level. The study provides the value
chain analysis with respect to epoxy resin raw materials,
manufacturers, and end-users. The value chain describes the key
contributors to the materials market at different stages, from
product development to end use. It represents the top players who
are contributing to the growth and expansion of the North America epoxy resin market.
The impact of different market factors, such as drivers and
inhibitors, are also illustrated in the report. This analysis
provides insights into the key drivers such as the growth in key
end-user industries, development of green and sustainable epoxies,
and growing demand from the aerospace sector; and inhibitors such
as the maturing of the U.S. market.
The North America epoxy resin
market is also classified based on different applications. The
important application industries include paints & coatings,
electronic & electrical appliances, and composites, among
others. The composites industry is expected to show rapid growth in
the future.
The key companies in epoxy resin market are Hexion Inc. (U.S),
The Dow Chemical Company (U.S), Huntsman Corporation (U.S) and
Spolek Pro Chemickou a Hutni Vyrobu A.S. (Czech Republic). These companies are
consistently focusing on expanding their production capacity to
achieve a competitive advantage, and thereby serve the customers
more effectively. Investments in expansion of plant capacities,
followed by acquisitions, were the most preferred strategies by the
top players in 2012 and 2013. Their strategies to capture the
market in the developing economies include expansions and
agreements. a copy of this report at Priced at $2650 for a single user PDF
http://www.rnrmarketresearch.com/contacts/purchase?rname=327907
.
The U.S emerged to be the driving factor for this market,
contributing for about 83.9% of the North
America demand in 2014. It is the leading country in the
consumption of epoxy resin, due to the increased demand of printed
circuit boards, which are used in electrical & electronics
industries. The other important countries such as Canada and Mexico are projected to witness a significant
growth in their respective epoxy resins market, mainly owing to the
rising demand from the rapidly-growing construction industries.
The report also presents a competitive landscape covering
different strategies and developments, such as mergers &
acquisitions, expansions, and agreements, undertaken by the leading
epoxy resin companies in the past few years. Furthermore, different
epoxy resin market participants are also profiled in the
report.
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