Epoxy Type Stabilizer Market Segmentation:
Paints & coatings Segment Analysis
The global epoxy type stabilizer market is segmented and analyzed for demand and supply by application into adhesives & sealants, paints & coatings, and composites. Out of these, the paints & coatings segment is anticipated to garner the largest revenue by the end of 2035, backed by the growing building & construction industry worldwide. For instance, as per the data published by the United States Census Bureau (USCB), privately-owned housing units numbered 1,695,000 in May 2022, up from 1,691,000 units in May 2021 with a 0.2% increase globally. Furthermore, there were 592,000 structures with 5 or more units as of May 2022 globally. On the other hand, paints and coatings are majorly used in architectural and industrial end-use applications, which is also expected to boost the growth of the segment in the coming years.
Building & ConstructionSegment Analysis
The global epoxy type stabilizer market is also segmented and analyzed for demand and supply by end-user into electrical & electronics, marine, renewable energy & power generation, packaging, food & beverages, building & construction, automotive & transportation, and others. Amongst these segments, the building & construction segment is expected to garner a significant share. The increasing construction and building sector are estimated to drive market growth in the coming years as per the market analysis. The value of the construction sector in the U.S. in the year 2021 was estimated to be over USD 1 trillion. Epoxy resin is used in the construction and building industry as an adhesive or coating material. The epoxy resin provides strength owing to its polymeric structure, withstand high temperatures, compatibility, and fast curing time. Water-based epoxy paint is used in the construction sector to provide a fast-protective coating to tiles, or floors. Combining epoxy with quartz and tiles provides a high performance and stable flooring. It is also applied on walls and roofs to get a high glossy look with durability. As epoxy coating gives resistance against chemical, heat, and mechanical damage with highly electric resistance it is used in the construction industry.
Our in-depth analysis of the global epoxy type stabilizer market includes the following segments:
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By Product Type |
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By Application |
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By End-User |
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