France Epoxy Resin Market Size & Outlook, 2022-2030
France epoxy resin market, 2019-2030 (US$M)
Related Markets
France epoxy resin market highlights
- The France epoxy resin market generated a revenue of USD 228.7 million in 2022 and is expected to reach USD 369.7 million by 2030.
- The France market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, paints & coatings was the largest revenue generating application in 2022.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
Epoxy resin market data book summary
| Market revenue in 2022 | USD 228.7 million |
| Market revenue in 2030 | USD 369.7 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Paints & coatings |
| Fastest growing segment | Construction |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints & Coatings, Wind Turbines, Composites, Construction, Electrical & Electronics, Adhesives |
| Key market players worldwide | 3M Co, Aditya Birla Group, Basf SE, Solvay SA, Huntsman Corp, Olin Corp, Sika AG, Nan Ya Plastics, China Petroleum & Chemical Corp Class H, Momentive, Kolon Industries, Nagase & Co Ltd |
Other key industry trends
- In terms of revenue, France accounted for 1.8% of the global epoxy resin market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany epoxy resin market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,260.5 million by 2030.
Paints & coatings was the largest segment with a revenue share of 37.74% in 2022. Horizon Databook has segmented the France epoxy resin market based on paints & coatings, wind turbines, composites, construction, electrical & electronics, adhesives covering the revenue growth of each sub-segment from 2019 to 2030.
Rising demand for paints & coatings from residential, commercial, & industrial buildings and automobiles is expected to drive the epoxy resin market over the forecast period. The presence of several automobile and construction companies in the region is expected to have a positive impact on the demand for paints & coatings, thereby propelling the epoxy resin market growth over the forecast period.
Increasing focus on the adoption of renewable energy is projected to fuel the growth of the wind turbine industry in the country. This is anticipated to drive the demand for epoxy resins over the forecast period. Moreover, the substantial growth in the aerospace industry, along with the technical advancements across the country, is likely to contribute to the growth in epoxy resin-based composites across the country.
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Epoxy Resin Market Scope
Epoxy Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
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France epoxy resin market size, by application, 2019-2030 (US$M)
France Epoxy Resin Market Outlook Share, 2022 & 2030 (US$M)
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