The global flexible epoxy resin market revenue is expected to expand at a lucrative CAGR over the forecast period. Flexible epoxy resins are available liquid form that is useful for achieving high reliability and flexible toughness in order to resolve the problems of the conventional products. The global flexible epoxy resin market report has been segmented on the basis of type, application, end-use industry, and region.
On the basis of type, the global flexible epoxy resin is segmented into urethane modified, rubber modified, dimer acid modified, thermoplastic modified, and elastomer modified. The urethane modified segment is expected to contribute significant share in terms of revenue in the global market. The rubber modified segment is estimated to register lucrative CAGR.
On the basis of application, the global flexible epoxy resin is segmented into primer, composites, adhesives, semiconductors, and electrical laminates.
On the basis of end-use industry, the global flexible epoxy resin is segmented into paints & coatings, construction, automotive, electrical & electronics, military & defense.
On the basis of region, the global flexible epoxy resin is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America market is expected to dominate in the global flexible epoxy resin market, and is projected to maintain its dominance over the forecast period. This can be attributed to rising demand for paints & coatings and adhesives application by end use industries such as railways, automotive, and marine, etc. in countries in the region. Asia Pacific market is projected to witness significant growth over the forecast period, and is expected to register a CAGR of X.X%. The global flexible epoxy resin markets in Europe, Latin America and Middle East & Africa are projected to witness moderate growth over the forecast period.
Prominent players in the global flexible epoxy resin include The Olin Corporation, Hexion Inc., Kukdo Chemical Co., Ltd., Aditya Birla Chemicals Ltd., Huntsman International LLC, DIC CORPORATION, Emerald Performance Materials LLC, Epoxonic GmbH Reaktionsharzsysteme, Spolchemie A.S, Cardolite CorporationAtul Ltd., Atul Ltd., and Mereco Technologies Inc.