Epoxy Resin Market, By Application, By Region (North America (U.S. and Canada), Europe (Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe), Asia Pacific (China, Rest of Asia Pacific), Rest of World)-

Published In : Jul 2023

Code : CMI4380

Pages :120

Formats :

Excel and PDF

Industry : Advanced Materials

Market Challenges And Opportunities

Global Epoxy Resin Market - Restraints

Health-related concerns associated with epoxy resins

The market expansion is being constrained by the health risks connected with epoxy resin flooring, which generate harmful fumes that can irritate the eyes and lungs. Moreover, exposure to these fumes may cause breathing problems in asthmatic people. This factor is expected to hinder the market growth of global epoxy resin market. They may even generate a mist or dust in the air we breathe or come into touch with our skin. The most common effects of overexposure to unhealthy epoxy chemicals are skin allergies, asthma, and irritations of the eyes, nose, and throat.

Global Epoxy Resin Market - Opportunities

Increasing use of epoxy resins in the automobile industries

The expanding use of epoxy resins in the maritime, marine, automotive, paint, and other sectors for preserving submarine hulls, topsides, ballast tanks, and cargo tanks. Since the 1980s, epoxy resins have been utilised in vehicle coatings. Their chemical characteristics include heat resistance, metal adhesion, and mechanical strength. These characteristics make it easier to prevent automotive bodywork against corrosion and other issues, often doubling a car's lifespan.