Global Waterborne Epoxy Resins Market – Regional Insights
Asia Pacific accounted for the largest market share in the global waterborne epoxy resins market in 2022. The regional growth is driven by the increasing usage of epoxy resins in various End Use industries such as construction and automotive together with the growth of these industries in the region. According to Organization for Economic Co-operation and Development (OECD), the Australia construction market size was valued at $169.3 billion in 2021. The market is expected to grow at a CAGR of more than 2.5% during 2023-2030. For instance, in 2020, China’s real estate sector has been growing rapidly with increased investment by the government. The growth in construction is expected to positively affect the paints & coatings market in the country.
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