BPA-free Epoxy Resins Market Insights and Forecast -2027
Epoxy resins are end products of a class of reactive polymers and prepolymers, which contains epoxide groups. Most of the epoxy resins are based on BPA (Bisphenol A), which cause several harmful effects to humans. Severe health disorders such as infecting female sex hormone, estrogen can be caused by BPA exposure. Hence, to avoid these kinds of health disorders BPA-free epoxy resins are used nowadays. BPA can be leached out of epoxy resins by extraction methods using either acidic materials or strong detergents. BPA-free epoxy resins possess different significant properties such as strong adhesion, chemical resistance, strength and toughness, proper and tensile strength which makes them suitable to be used in the manufacturing process of different end products. Flexibility in alteration of properties as per product requirement makes it suitable to be used in a wide variety of end products. Some industries where BPA-free epoxy resins find major applications are paints and coatings, varnishes, adhesives, electronics and electrical appliances, polymer industries, food and beverages, and automotive.
COVID-19 Scenario Analysis
- Strict trade guidelines will develop difficulties for both manufacturers and suppliers of the BPA-free epoxy resins market during the COVID-19 situation.
- However, rise in the packaging sector due to the impact of the COVID-19 pandemic may propel growth of the BPA-free epoxy resins market, owing to its use as major raw material for packaging products.
- The BPA-free epoxy resins market is expected to experience a neutral impact during the COVID-19 scenario, owing to balanced demand and supplies in the global market.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Rise in packaging industries propel growth of the BPA-free epoxy resins market, owing to its applications in manufacturing of packaging products. BPA-free epoxy resins provide flexibility in manufacturing operations as per the product requirements either in the solid or liquid state. In addition, products based on BPA-free epoxy resins are safe and sustainable, which makes them suitable to be used in food & beverages packaging industries. These factors are expected to increase demand for BPA-free epoxy resins in the future. In addition, rise in automotive and paints industries where BPA- free epoxy resins are used to impart gloss finish to end products boost growth of BPA- free epoxy resins market. However, volatility in prices of BPA- free epoxy resins hamper growth of BPA-free epoxy resins. Conversely, expansion of plastics and polymeric-based industries where BPA-free epoxy resins are used for manufacturing good quality products create new opportunities for the BPA-free epoxy resins market. In addition, use of BPA-free epoxy resins as aerospace and infrastructure composites, which create lucrative opportunities for the BPA-free epoxy resins market during the forecast period.
Key benefits of the report
- This study presents the analytical depiction of the global BPA-free epoxy resins market along with the current trends and market estimation to determine the imminent investment pockets.
- The report represents information related to key drivers, restraints, and opportunities along with a detailed analysis of the BPA-free epoxy resins market share.
- The current market is quantitatively analyzed to highlight the BPA-free epoxy resins market growth scenario.
- The report provides a detailed market analysis depending on competition and how the competition will take shape in the coming years.
- This report helps users in comprehending the key product segments and their future.
Questions answered in the global BPA-free epoxy resins market complex market research report:
- What is the CAGR of the BPA-free epoxy resins market?
- Which are the leading players active in the global BPA-free epoxy resins market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What should be the response of BPA- free epoxy resins market players amid the COVID-19 pandemic?
- What are the projections for the future that would help in taking further strategic steps?
- What is the outlook of the industry?
BPA-free Epoxy Resins Market Report Highlights
Aspects | Details |
By Material |
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By Application |
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By End-User |
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By Region |
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Key Market Players | Koninklijke DSM N.V., BASF SE, Allnex Group, Bostik SA., E.I. Du Pont De Nemours and Company, Akzo Nobel N.V., Altana AG, PPG Industries, Inc., Kansai Paint Co., Ltd., Wacker Chemie AG |
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