Market Insights IARC

The Flexible Epoxy Resin Market size is projected to grow at a  CAGR of 4.8%  during the forecast period 2022-2027 and reach  US$755.2 million by 2027 . Flexible epoxy resin   is a thermosetting resin that can be categorized into various types, including urethane modified, rubber modified and dimer acid modified resins. They are primarily used in a wide range of industries including construction, automotive, electrical & electronics, coating and other industries. The expansion of flexible  epoxy resins  is primarily driven by their usage in the construction industry.  According to recent insights from the World Cement, the global construction industry output increased by 5.7% in 2021. An increase in construction activities and the growth of the electronics industry are expected to drive the growth of the flexible epoxy resin market size in the upcoming years.  In 2020, the COVID-19 pandemic negatively impacted construction activities as a res...

The Particle Board Market size is projected to reach  US$27.2 billion  by 2027, after growing at a  CAGR of 3.8%  during the forecast period 2022-2027. Particle board, also known as low-density  fiberboard  or chipboard, is an engineered wood product produced from wood chips, synthetic resin such as urea formaldehyde-based resins and lignin and other suitable binders. The growing furniture industry is anticipated to drive the demand for particle boards. Moreover, the increasing maintenance, remodeling, renovation and repair activities are anticipated to boost the growth of the particle board industry in the forecast period. The global economic downturn caused by the COVID-19 pandemic resulted in a huge drop in building & construction, furniture and other end-use industries all across the world, which had a significant impact on the growth of the  Particle Board  market size. Particle Board Market Report Coverage The  “Particle Board Mark...

The  Road Marking Materials  Market  s i ze  is forecasted to  reach  US$8.3  b illion  by 202 7 , after growing at  a   CAGR of 4.2 %  during the forecast period 2022-2027.   Road marking materials such as  retroreflective material ,  reflective markers ,  water-based paints ,  thermoplastic  and others are often deployed across various road construction applications. These road marking materials are highly reflective materials, which improve visibility even in inclement weather or other low-light conditions. Along with this, it aids in increasing driver awareness of nearby danger zones and advises them to maintain adequate speed management. The growth of the highway construction projects is primarily accelerating the  road marking materials market  growth. However, in 2020, the shortage of raw materials, restrictions on the labor movement and other restrictions due to the Covid-19 pandemic n...