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Market Leader - Waterborne Epoxy Resins Market
The Waterborne Epoxy Resins industry is a rapidly evolving market. Currently, waterborne epoxy resins market is dominated by a few key players, such as The DOW Chemical Company (U.S.), BASF SE (Luxembourg), Huntsman Corporation (U.S.), 3M Company (U.S.), Momentive Performance Materials Holdings LLC (U.S.) and so on. These companies are leaders in the production of waterborne epoxy resins and its applications.
The companies are majorly focusing on research and development for new production techniques, capacity expansion of existing facilities and installation of new facilities for waterborne epoxy resins to achieve better performance qualities, economies of scale, product innovation, and to meet the demand. The companies are mainly focusing on emerging regions so as to increase their global presence by addressing the growing demand in the emerging markets.
Expansions & investments have dominated the strategies adopted by the key players in the recent past. For instance,In 2013, Momentive Specialty Chemicals Inc. announced to increase capacity for waterborne epoxy resin production in Europe. This helped the company o produce its complete range of standard and modified epoxy resin emulsions and dispersions. Between 2010 and 2014, expansions & investments comprised a share of 15.00% of the total recorded development activities
Acquisition is one of the most used strategies by the players in the waterborne epoxy resins market. Waterborne epoxy resins have been expanded by companies, such as The DOW Chemical Company (U.S.), BASF SE (Luxembourg), and Huntsman Corporation (U.S.).
Further, the players are focusing on collaboration, licensing, and new product launches of the other players to meet their customers’ needs and expand their geographic reach in the market. For example, DSM to build new factory for waterborne coating resins in Meppen, Germany. This move helped the company to achieve its geographical reach, especially in emerging markets, and establishing a more diverse and sustainable product portfolio.
Waterborne Epoxy Resins Market by Application (Coatings, Composites, Adhesives, Others), by End-User Industry (Automotive, Construction, Textiles, Furniture, Packaging, Others) & Region - Global Trends & Forecasts to 2020
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