The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rise in the demand for soap and soap products are expected to drive innovation in epoxide manufacturing, thus driving the market during the forecast period.

The global epoxide market is expected to grow from $66.28 billion in 2022 to $70.08 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The epoxide market size is expected to grow to $84.73 billion in 2027 at a CAGR of 4.9%.

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Global Epoxide Market Segments Include:

• By Type: Ethylene Oxide, Propylene Oxide
• By Component: Epoxies, Hardeners
• By Application: Coated Fabric, Wire and Cable, Flooring and Wall Coverings, Film and Sheet, Medical Devices, Consumer Goods, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global epoxide market in 2021.

Major Market Players in the epoxide market include Evonik Industries AG, BASF SE, Dow Chemical Company, LG Chem Ltd., Daelim Co. Ltd., Dymax Corporation, Exxon Mobil Corporation, INEOS Capital Limited.

Product innovation is a key trend gaining popularity in the epoxide market. Major companies operating in the epoxide sector are concentrating on enhancing the epoxide products such as styrene-free pure and green epoxy resins to offer long service life while reducing their carbon footprint and make the process more environmentally friendly. For instance, in October 2022, Bossong SPA, an Italian producer of mechanical and chemical anchors launched E-Plus, an innovative bi-component styrene-free pure epoxy resin. E-Plus is earthquake resistant and a green chemical anchor designed to fulfill the requirements of the construction industry while also reducing the environmental impact. It offers a long 100-year service life, which is twice the life of standard resins with fire resistance. It can used with wood, masonry, and concrete in various temperatures due to its ability of no shrinking.

The Epoxide Global Market Report 2023  provides a epoxide market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The epoxide market forecast analyzes epoxide market size, epoxide market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Epoxides refer to a volatile organic cyclic type of ether compound that is colorless and non-polar. The basic structure of an epoxide contains an oxygen atom attached to two adjacent carbon atoms of a hydrocarbon. The most common epoxy resin is formed through the reaction of epichlorohydrin with bisphenol. Epoxide market consists of sales of epoxides by entities (organizations, sole traders, and partnerships) that are used to manufacture various types of products such as surfactants, adhesives, coatings, drugs, and others.

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