Global Flexible Epoxy Resin Market: Overview
The market for epoxy resin, which essentially are a class of reactive polymers and prepolymers that contain epoxide groups, has been flourishing on the back of the prosperity of its diverse end use industries, such as paints and coatings, aerospace, building and construction, and sealants and adhesive. Flexible epoxy resin, on the other hand, is a particular segment that is customized in two-part epoxy resin system and is flexible once cured. This flexibility makes these exclusive epoxy resin ideal for application that need strength from impact. According to this business and commerce publication, the demand in the global flexible epoxy resin market will continue to expand at a notable CAGR during the forecast period of 2017 to 2025.
This report on the global flexible epoxy resin market is a comprehensive assessment of the current potential and future prospects as far as demand is concerned, providing figurative evaluations and estimations, projecting aspects that the vendors of this market must concentrate on to earn maximum profits. The report comprises of an executive summary on how the demand has evolved in the global flexible epoxy market and where it is headed, in-depth analysis of factors that will define the demand during the aforementioned forecast period, segmentations, regional and country-wide demand assessment, and a dedicated chapter on the competitive landscape, wherein several prominent vendors have been analyzed for their product portfolio, market share, business strategies, and geographical presence.
Global Flexible Epoxy Resin Market: Trends and Opportunities
The welfare of numerous end use industries is reflecting positively on the global flexible epoxy resin market. For instance, the automotive sector is flourishing in the emerging economies of India and China and consequently, the demand for flexible epoxy resin products such as underbody guards, mud-flaps, bumpers, ducting and sheeting, and impact panels has been escalating. Along the similar lines, the building and constructing industry is feeding off rapid urbanization across various countries, and expanding the demand for corrosion resistant metal components. In addition to that, incrementing demand for electrical & electronic laminates, water borne coatings, flooring and paving, and powder coatings is expected to provide traction to the flexible epoxy resin market. On the other hand, volatility of raw materials and strict regulations pertaining to the production of epoxy resin are a few obstructions challenging the global flexible epoxy resin market from flourishing.
Global Flexible Epoxy Resin Market: Segmentations
Based on type, the market for flexible epoxy resin can be segmented into urethane modified, rubber, modified, and dimmer acid modified. End use bifurcation of the market can be done into electrical & electronics, consumer goods, wind power, aerospace, automotive, sports, marine, and military and defense. Geographically, the report gauges the potential of demand that can be expected out of every important country and region, such as China, India, and Japan in Asia Pacific, the U.S. in North America, and Germany, France, and the U.K in Europe. For each of these countries and regions, the analysts of the report have included individual drivers and restraints while formulating their profitability in terms of each segment.
Global Flexible Epoxy Resin Market: Competitive Landscape
Hexion, Olin Corporation, Huntsman Corporation, Kukdo Chemical, Momentive Performance Material Holding LLC, Aditya Birla Chemicals, Jiangsu Sanmu Group Corporation, and DIC Corporation are some of the prominent players currently ahead of the curve in the global flexible epoxy resin market. Currently, the industry is facing strong competition from the mushrooming of small scale vendors, eating into the global shares.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.