Phenoxy Resins Market Report Insights | Manufacturers

 

Phenoxy Resins
Phenoxy Resins

Phenoxy Resins are amorphous thermoplastic polymers and thermosetting resins. These polymers have terminal hydroxyl groups in addition to hydroxyl groups in most repeat unit and thus could be classified as polyhydroxyethers. They've excellent vapor barrier properties and are safe to use for direct and indirect food and beverage container coatings. They are cured by reactions with polyisocyanates, anhydrides and other crosslinking agents. Generally phenoxy resins are transparent with good dimensional stability. They are produced from Bisphenol A and Epichlorohydrin. Phenoxy resins offer excellent mechanical properties such as for example hardness, tough flexibility, abrasion resistance, impact resistance, chemical resistance, heat resistance, vapor barrier and compatibility. They are soluble in many different materials including ketones, glycol ethers, and esters.

Moreover, phenoxy resin products are widely used as modifiers to other chemistries and utility as the only real resinous vehicles in coatings, adhesives, and others. According to the Coherent Market Insights'analysis, Asia Pacific held dominant position in the Phenoxy Resins Market in 2017 and is projected to maintain its dominance throughout the forecast period. This really is owing to increasing demand for adhesives and coatings in automotive and electronics industry. Based on American Coatings Association, automotive refinish coatings is the greatest sub-segment of special purpose coatings, with a value of $2 billion in 2014.

Manufacturers are centered on expanding the production capacities and acquiring new compnanies as part of strategic planning to give their markrt share. For example, on January 2014, Gabriel Performance Products, LLC, a U.S.-based specialty chemicals company, announced the acquisition of InChem Corporation's proprietary Phenoxy Resin business.Key players operating in the global Phenoxy Resins Market include, Mitsubishi Chemical, Gabriel Performance Products, LLC, DIC Corporation, Kukdo Chemical, Georgia-Pacific (GP) Chemicals, SHIN-A T&C Co., Ltd., and Nan Ya Epoxy.

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