The market is anticipated to be driven by end-use industries including automotive, aerospace, transportation, composites, decorative coatings, construction, industrial & marine coatings, electrical & electronics, especially in Asia Pacific. Epoxy resins are the most preferred thermoplastics for manufacturing composite materials owing to their superior properties as compared to other materials. The Global Epoxy Resin Market is expected to reach USD 14.26 billion by 2024, according to a new report by Grand View Research, Inc. Huge production capacities of epichlorohydrin and bisphenol A, especially in China, ensure consistent raw material supply. However, fluctuating raw material prices negatively impact the profitability of epoxy manufacturers. The popularity of alternative resins such as polyamide, PET, unsaturated polyester resin, etc. is likely to curtail the market share of epoxy resins in upcoming years. The paints & coatings is estimated to emerge as the leadi...