The global market for epoxy resins is estimated to be worth EUR 7.1 billion by 2019, which corresponds to a CAGR of 7.4 %. In their study "Epoxy Resin market by Application (Coatings, Electronics, Construction, Wind Turbine, Composites, and Adhesives) and Geography - Trends & Forecast to 2019", MarketsandMarkets have linked this growth to increasing wind energy capacity installation and growing demand in the aerospace industry. The paints and coatings industry has also been identified as an important consumer. However, the market researchers have found that slow growth in the European and mature markets of the U.S. and Japan are important restraining factors.