Epoxy Resin Supply Market Overview In 2017, most of the demand for epoxy resin came from the paints and coatings and electronics industries. Epoxies, generally, have favorable properties such as high mechanical strength, superior chemical resistance, superior adhesion, and resistance to heat. Such properties make them ideal for industrial applications such as marine coatings, decorative […]
READ MORE >>Epoxy Resin Supply Market Overview
In 2017, most of the demand for epoxy resin came from the paints and coatings and electronics industries.
Epoxies, generally, have favorable properties such as high mechanical strength, superior chemical resistance, superior adhesion, and resistance to heat. Such properties make them ideal for
industrial applications such as marine coatings, decorative powder coatings, and composites. In addition, the rising demand for epoxies from such industries will result in the steady increase in spend growth rate over the next couple of years. According to SpendEdge’s procurement report on the epoxy resin category, the market will witness an increase in the spend potential, driven by the booming demand for epoxy resins from the automotive and aerospace end-users.
Given the fact that the supply market for epoxy resin will witness an increase in the spend potential, a question that arises here is: what are the major supplier selection criteria and how to select the best suppliers for effective category management?
Top epoxy resin suppliers:
- Nan Ya: One of the top epoxy resin suppliers, Nan Ya was founded in 1958 and is headquartered in Taiwan with offices spread across 50+ countries. When it comes to epoxy resins, Nan Ya has two bases in Shulin and Mailao (Taiwan) and two in Kunshan (China). Over time, the company has increased its annual capacity from 18,000 MT in 1988 to more than 461,000 MT in 2015 to cater to the rising need for epoxy resin from various end-user industries. Want more information? Download a FREE sample.
LESS >>