Bio-lubricants Market End-use Industry, By Others
Global Epoxy Resin market [2015-2025] Middle East and Africa by Application
By Application, the market is segmented into Paints & Coatings, Adhesives, Composites, Grouts & Mortars, Application_Others, and Electronic Encapsulation (2015-2025)
| Label | Paints & Coatings | Adhesives | Composites | Grouts & Mortars | Application_Others | Electronic Encapsulation |
|---|---|---|---|---|---|---|
| 2015 | 169.8 USD Mn | 27.5 USD Mn | 59.9 USD Mn | 14.9 USD Mn | 23.4 USD Mn | 26.5 USD Mn |
| 2016 | 156.9 USD Mn | 25.2 USD Mn | 55.2 USD Mn | 13.6 USD Mn | 21.4 USD Mn | 24.3 USD Mn |
| 2017 | 180.4 USD Mn | 28.8 USD Mn | 63.2 USD Mn | 15.5 USD Mn | 24.2 USD Mn | 27.7 USD Mn |
| 2018 | 195.4 USD Mn | 31.0 USD Mn | 68.2 USD Mn | 16.6 USD Mn | 25.9 USD Mn | 29.8 USD Mn |
| 2019 | 201.4 USD Mn | 31.7 USD Mn | 70.0 USD Mn | 17.0 USD Mn | 26.3 USD Mn | 30.5 USD Mn |
| 2020 | 207.8 USD Mn | 32.5 USD Mn | 71.9 USD Mn | 17.3 USD Mn | 26.8 USD Mn | 31.2 USD Mn |
| 2021 | 215.3 USD Mn | 33.4 USD Mn | 74.3 USD Mn | 17.8 USD Mn | 27.4 USD Mn | 32.1 USD Mn |
| 2022 | 223.1 USD Mn | 34.4 USD Mn | 76.7 USD Mn | 18.2 USD Mn | 28.1 USD Mn | 33.0 USD Mn |
| 2023 | 231.2 USD Mn | 35.4 USD Mn | 79.1 USD Mn | 18.7 USD Mn | 28.7 USD Mn | 33.9 USD Mn |
| 2024 | 239.6 USD Mn | 36.5 USD Mn | 81.7 USD Mn | 19.2 USD Mn | 29.4 USD Mn | 34.9 USD Mn |
| 2025 | 248.4 USD Mn | 37.5 USD Mn | 84.4 USD Mn | 19.6 USD Mn | 30.1 USD Mn | 35.8 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
paints and coatings segment accounted for the largest market share in 2018, this market is expected to reach USD 248.40 Million in 2025 from USD 195.40 Million in 2018. This market is projected to grow at a CAGR of 3.56% during the forecast period from 2019 - 2025. However, paints and coatings segment is the fastest growing market, which is expected to grow at a CAGR of 3.56% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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