Epoxy Diluent Study
This report studies the Global Epoxy Active Diluent Market status and forecast, categorizes the global Epoxy Active Diluent market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Epoxy active diluent is a collection of compound with one or more epoxy groups. Epoxy active diluent reduces the viscosity of the epoxy formulations system, participates in the curing reaction of the epoxy resin while improving the performance of the cured product, and then become the part of cured epoxy resin.
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Common diluents include: BGE, AGE, PGE, CGE, DGE, PEGGE, and GGE.
Epoxy active diluent refers to a collection of compound with one or more epoxy groups. It contains monofunctional type, bifunctional type and other. Monofunctional Type is the main product type, with the share of 57.35% in 2016. The bifunctional type accounted for 38.15% at that time.
Epoxy active diluent has wide application in coating, adhesive, electrical and electronic materials and engineering plastic. Coating is the main driving force for the epoxy active diluent industry and it accounted for 50.51% in 2016. Electrical and electronic materials is the second largest application, with the share of 21.18% then.
The epoxy active diluent consumption in 2016 will reach about 305539 MT from about 256304 MT in 2012 with a CARG of 4.49%.
The global Epoxy Active Diluent market is valued at 1050 million US$ in 2017 and will reach 1160 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2018-2025.