1 Nov
2023
Epoxy glass is a tough and electrically insulating material, which has been on the rise lately. This blog post is going to explore the new advancements and product releases in the epoxy glass market. It will also portray the contribution of companies driving the growth of the industry.
Recent developments in the domain:
Innovative formulations by ABC Polymers: ABC Polymers, a renowned name in the epoxy glass market, has recently come up with innovative formulations that improve the heat resistance of the respective material. At the same time, they also enhance the mechanical strength of the property. These advancements cater to the growing demand for epoxy glass in applications such as aerospace and automotive components.
Green initiatives by EcoResins: EcoResins, a company highly committed to sustainability, has introduced eco-friendly epoxy glass solutions. Their recent development involves incorporating bio-based materials in the production process. This, in turn, reduces environmental impact without compromising on performance. This initiative highlights the industry's increasing focus on sustainable practices.
Nano-tech integration at NanoCoatings: NanoCoatings, on the other hand, has taken recourse to nanotechnology to improve the properties of epoxy glass. By incorporating nano-sized additives, they have achieved remarkable improvements in scratch resistance. This development opens up new possibilities for applications in electronics and protective coatings.
Such new developments have paved the way for huge opportunities in the industry, helping the market set out a CAGR of 6.9% from 2023 to 2032. Based on country, the market across China is expected to cite the fastest CAGR of 7.3% from 2023 to 2032, while India is projected to display the second-highest CAGR of 7.2% throughout the forecast period. On the other hand, based on end-use industry, the automotive and transportation segment would portray the fastest CAGR of 7.6% by 2032.
Product launches boosting the industry:
Durashield 2023 by TechComposites: TechComposites has introduced Durashield 2023, an exclusive epoxy glass composite perfect for tough industrial tasks. It's great for use against harsh chemicals and high temperatures, since it has exceptional chemical resistance properties.
ElectraLite Series by PowerCircuits: PowerCircuits has launched the ElectraLite series, a set of epoxy glass laminates designed specifically for the electronics industry. These laminates provide excellent electrical insulation and flame-retardant features, meeting the high standards of today's electronic devices.
FiberGrip 360 by Materials Innovate: Materials Innovate has brought in FiberGrip 360, an innovative epoxy glass adhesive that provides a strong yet flexible bond. This adhesive is exclusively formulated for bonding dissimilar materials. This way, it has become a versatile solution for industries ranging from construction to automotive assembly.
To conclude, it can be stated that the epoxy glass market is making significant progress with innovations in heat resistance and durability. Companies are also introducing exclusive products. Industries such as electronics and aerospace have experienced a surge of new launches in the last few years. With high-end technological advancements on board and the growing focus on high-performance materials, the industry's future looks promising indeed.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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