US Water-borne Epoxy Resins Market
ID: MRFR/CnM/18567-US | 100 Pages | Author: MRFR Research Team| December 2023
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The demand for water-borne epoxy resins in the United States has been steadily increasing, fueled by several key factors across various industries. Water-borne epoxy resins, also known as aqueous epoxy resins, are water-based formulations of epoxy resins that offer several advantages over traditional solvent-based epoxy resins, including lower VOC emissions, improved safety for workers, and environmental friendliness. One of the primary drivers of the demand for water-borne epoxy resins is the construction industry. These resins are widely used in construction applications such as flooring, coatings, adhesives, and sealants due to their excellent adhesion, durability, and resistance to moisture and chemicals. With the increasing focus on sustainable and eco-friendly building materials, the demand for water-borne epoxy resins in the construction sector is expected to continue growing.
The North American region is growing significantly due to the growing demand for epoxy coatings in paints & coatings, automotive, construction, and other industries. It is predicted that growing investments in the end-use industries is likely to drive the market during the forecast period. The growing consumption of epoxy resins in end-use applications has propelled the growth in countries such as the U.S, Canada, and Mexico to achieve a stunning growth in the market because they provide unique separation, recycling ability, and high standard performance to the product.
Moreover, the automotive industry is another significant contributor to the demand for water-borne epoxy resins in the United States. Water-borne epoxy resins are used in automotive applications such as coatings, adhesives, and structural components due to their low VOC content, high performance, and compliance with stringent environmental regulations. With the growing demand for lightweight materials to improve fuel efficiency and reduce emissions, the automotive sector is driving the adoption of water-borne epoxy resins for interior and exterior components, replacing traditional solvent-based coatings and adhesives.
Additionally, the electronics industry also plays a crucial role in driving the demand for water-borne epoxy resins in the United States. These resins are utilized in electronic components and circuit boards for their excellent electrical insulation properties, thermal stability, and resistance to moisture and chemicals. With the increasing demand for electronic devices and gadgets, driven by technological advancements and the growing trend towards connectivity and IoT (Internet of Things) devices, the demand for water-borne epoxy resins in the electronics industry is expected to grow.
Furthermore, the aerospace and defense industries also contribute to the demand for water-borne epoxy resins in the United States. Water-borne epoxy resins are used in aerospace applications such as coatings, adhesives, and composite materials for their lightweight properties, high strength-to-weight ratio, and resistance to harsh environmental conditions including extreme temperatures and corrosive chemicals. With the increasing demand for lightweight and durable materials to improve fuel efficiency and enhance performance in aerospace and defense applications, the demand for water-borne epoxy resins is expected to rise.
Moreover, the packaging industry utilizes water-borne epoxy resins for various applications such as coatings and laminates for food and beverage packaging, pharmaceutical packaging, and industrial packaging. These resins offer excellent adhesion, barrier properties, and printability, making them suitable for protecting and enhancing the appearance of packaged products. With the increasing demand for sustainable and recyclable packaging materials, the demand for water-borne epoxy resins in the packaging industry is expected to increase.
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