Epoxy Resin is a polymer formed by copolymerizing an epoxide with a two-hydroxyl-group molecule. Epoxy resins are high-performance resins with excellent temperature stability, corrosion resistance, tensile stability, durability, and adhesion. Epoxy resins are frequently used in adhesives, paints & coatings, and electronic encapsulation, among other applications.The health dangers associated with epoxy resin floors, which generate intense and deadly fumes that can cause discomfort in the lungs and eyes, are stifling market growth.
Asthmatic people may also have difficulty breathing as a result of exposure to these chemicals. Over the projected period, strict environmental restrictions addressing bisphenol A are expected to impede demand growth. Epoxy Resin is made from petroleum-based basic materials. Changes in crude oil prices, as a result, have a significant impact on the prices of these raw materials, as well as the costs of epoxy hardeners. Variable prices have a negative impact on profit margins, which is especially detrimental to small enterprises.
Explore More@ https://bit.ly/3mMrf24
