Under the trend of environmental protection, the future development of water-based epoxy resin market has broad prospects!

Waterborne epoxy resin refers to a stable dispersion system by dispersing epoxy resin in water in the form of particles, droplets, or colloids. Water-based epoxy resin has 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 automobile parts, railways, agriculture, containers, trucks, etc., with a wide range of applications and good industry development prospects. Waterborne 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 the production of composite materials accounts for a relatively small proportion.

Waterborne epoxy resins are mainly used in the field of coatings. Under the global environmental protection trend, the demand for waterborne epoxy resin applications continues to rise. The global waterborne epoxy resin market will reach approximately US$1.1 billion in 2020 and is expected to reach 16% by 2025. One hundred million U.S. dollars. In the past few years, China has actively promoted the reform of container coatings, and the demand for water-based epoxy resin applications continues to grow. In 2020, China's water-based epoxy resin market will be about 32.47 million yuan, and it is expected to reach about 50 million yuan by 2025. With the growth of market demand, China's water-based epoxy resin output will reach about 120,000 tons in 2020. The Asia-Pacific region is one of the fastest-growing water-based epoxy resin markets in the world, accounting for more than 50% of the global market share. This is mainly due to the growth of Chinese market demand. China consumes half of the water-based epoxy resin in the Asia-Pacific region, followed by Countries and regions such as Japan, Taiwan, and South Korea, where consumption continues to grow. In the global market, the United States and China rank among the top in consumption of water-based epoxy resins, followed by South Korea, Germany, Japan, France, and the United Kingdom. In terms of development, with the development of manufacturing and industrialization, the demand for water-based epoxy resins in the automotive, construction, furniture, textile and other fields continues to rise. Among them, the construction field is the fastest growing application field, but in the future, with the intelligentization of automobiles , Energy-saving development, the future automotive industry will show a sustained growth trend, the application prospects of water-based epoxy resin in the automotive field are better. In terms of market competition, in the current global market, water-based epoxy resin manufacturers are mainly occupied by Baling Petrochemical, Nanya Plastics, Kumho Chemical, Anbang New Materials, Olin Corporation, Huntsman, etc. The market competition is fierce. Water-based epoxy resin has environmental advantages and a wide range of applications. In recent years, market demand has continued to rise. In the future, driven by the development of terminal construction and automobile industries, the market demand for water-based epoxy resin will continue to grow. In terms of production, China is an important water-based epoxy resin manufacturer in the world, with a relatively high output, the domestic market has basically achieved localization, and the leading companies have a monopoly pattern, making it difficult for new companies to enter.