Future waterborne epoxy resin market development prospects are broad

Waterborne epoxy resin refers to a stable dispersion system prepared by dispersing epoxy resin in water in the form of particles, droplets, or colloids
.
Waterborne epoxy resins have a strong ability to replace solvent-based, in some cases even due to traditional solvent-based adhesives
.

Water-based epoxy resins are mainly used in protective coatings for auto parts, railways, agriculture, containers, trucks, etc.
, with a wide range of applications and good industry development prospects
.

Water-based epoxy resins are mainly used in coating applications, which account for about 60% of the market, followed by adhesives, which account for 22% of the market, and composite material production accounts for a relatively small proportion
.

Water-based epoxy resin is mainly used in the field of coatings.
Under the general trend of global environmental protection, the application demand for water-based epoxy resin continues to rise.
billion dollars
.

In the past few years, China has actively promoted the reform of container coatings, and the demand for water-based epoxy resin applications has continued to grow
.

With the growth of market demand, China's waterborne epoxy resin production will also reach about 120,000 tons in 2020
.

The Asia-Pacific region is one of the fastest-growing waterborne epoxy resin markets in the world, accounting for more than 50% of the global market share, mainly due to the growing market demand in China, which consumes half of the waterborne epoxy resin in the Asia-Pacific region, followed by Countries and regions such as Japan, Taiwan and South Korea with increasing consumption
.

In the global market, the United States and China are at the top of the water-based epoxy resin consumption, followed by South Korea, Germany, Japan, France, the United Kingdom and other countries
.
In terms of development, with the development of manufacturing and industrialization, the demand for water-based epoxy resin in the fields of automobile, construction, furniture, textile and other fields continues to rise.
, energy-saving development, the automotive industry will show a continuous growth trend in the future, and the application prospect of water-based epoxy resin in the automotive field is better
.

In terms of market competition, the waterborne epoxy resin manufacturers in the current global market are mainly occupied by companies such as Baling Petrochemical, Nanya Plastics, Kumho Chemical, Anbang New Materials, Olin Corporation, and Huntsman, and the market competition is relatively fierce
.

Waterborne epoxy resin has environmental advantages and has a wide range of applications.
In recent years, the market demand has continued to rise.
In the future, driven by the development of terminal construction, automobile and other industries, the market demand for waterborne epoxy resin will continue to grow
.

In terms of production, China is an important water-based epoxy resin manufacturer in the world.
The output is relatively high, the domestic market has basically achieved localization, and the leading enterprises have a monopoly pattern, making it difficult for new enterprises to enter
.