Global Active Toughening Agent for Epoxy Resin Market By Type (Rubbery Elastomer Toughening Agent , Thermoplastic Resin Toughening Agent , and Others), By Application (Coating , Adhesive , and Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2028

“Global Active Toughening Agent for Epoxy Resin Market” is the title of an upcoming report offered by Market.US. This comprehensive market research report on the active toughening agent for epoxy resin industry contains inputs, as well as information & data from both primary and secondary sources, that have been validated and verified by target market experts. Apart from critical data and other related information, the report also includes factors that could be or are potential restraints to market growth, present & future key trends, recourses that can be leveraged for potential market expansion in untapped regions or countries, as well as factors that are presently fueling growth in the active toughening agent for epoxy resin market.

The Global Active Toughening Agent for Epoxy Resin Market was valued at UЅD $1,530.5 Мn in 2020, and is projected to register а САGR of 4.5% over the next 10 years.

It also covers challenges or threats for new, as well as existing market entrants. The report presents a thorough study of revenues, key developments, strategies, historical data and information by major players that offer crucial perspectives/insights into various market scenarios. The global active toughening agent for epoxy resin market has been segmented on the basis of product type, end-use, as well as regions and countries.

Overview:

Epoxy resins are used in the manufacture of plastics, adhesives, paints, primers & seals, coatings, flooring, etc., in building and construction applications. The addition of toughening agents is done to increase the overall ductility of a resin over a wide temperature range, to improve resistance, reduce water absorption, etc., of the resins in the process.

Dynamics:

The important role that toughening agents play in increasing the strength in, and reducing the curing time of epoxy resins, apart from inducing various other positive characteristics in the end-product is a major factor that is expected to boost the revenue growth of the global active toughening agent for epoxy resins market in the coming years.

Robust urbanization as a result of booming populations due to widespread migration is leading to the exponential expansion of the construction industry, which has a vast number of applications for this product. This is also slated to have a profound impact on the revenue growth of the global toughening agent for epoxy resin market in the foreseeable future.

In light of the recent COVID-19 outbreak, the manufacturing and supply-chain operations of numerous industry players have either been temporarily shut down or are functioning with a minimal workforce. This is slated to have an immense impact on the revue growth of this global market in the near future.

However, the growing demand for, and increasing application of, epoxy resins in the automotive, consumer electronics, and transportation industries, in both developing and developed economies, is a significant factor that is anticipated to bolster the revenue growth of the global toughening agent for epoxy resin market over the next 10 years.

On the basis of product type, the thermoplastic resin toughening agent segment accounted for the highest number of revenue shares (USD $440.2 Mn) of the global active toughening agent for epoxy resin market in 2019, owing to its cost-effectiveness, as well as the broad spectrum of applications this segment offers. This segment is also slated to index the highest CAGR, with an attractiveness index of 3.7, in the coming years as well.

In terms of end-use, the construction & building segment accounted for the maximum number of revenue shares of the global active toughening agent for epoxy resin market in 2019, an is indicative of continuing to do so in the foreseeable future. This can be attributed to the exponential surge in construction-related activities to cater to booming urban populations across the world. The automotive end-use segment of this global market accounted for USD $365.9 Mn in 2019, and is also slated to index considerable revenue growth in the coming years.

Regional Segmentation and Analysis:

The markets in the Asia Pacific region accounted for the highest number of revenue shares (44.5%) of the global active toughening agent for epoxy resin market in 2019, owing to the steady increase in construction, as well as automotive & transportation manufacturing activities in this region. The market in Europe and North America are also anticipated to index considerable revenue growth over the next decade.

Segmentation of the Global Active Toughening Agent for Epoxy Resin Market:

Segmentation by Product Type:

• Rubbery elastomer toughening agent
• Thermoplastic resin toughening agent
• Hyper-branched polymer
• Core-shell latex polymer
• Other Toughening Agent Types

Segmentation by End-Use:

• Building & Construction
• Automotive & Transportation
• Electrical & Electronics
• Marine
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

 Key players profiled in the market report are:

• Huntsman International LLC.
• China Petroleum & Chemical Corporation (Sinopec)
• BASF SE
• Solvay S.A.
• Olin Corporation
• Wacker Chemie AG
• Jiangsu Sanmu Group Co. Ltd.
• Dow Chemical Company Ltd.
• CVC Thermoset Specialties Inc.
• Gabriel
• Kukdo Chemical Co. Ltd.
• Hexion Inc.

For the Active Toughening Agent for Epoxy Resin Market research study, the following years have been considered to estimate the market size: