The global epoxy novolac resins market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 2.2 billion by 2030 from USD 1.8 billion in 2018. The growth of this market is driven by the increasing demand for high-performance coatings and adhesives in various industries such as automotive, construction, and aerospace & defense. Epoxy novolac resins are used as a binder for coatings and adhesives due to their excellent chemical resistance properties and low viscosity which makes them easy to apply on surfaces with minimal thickness variation.
Liquid Bisphenol F Epoxy Resins accounted for the largest share of the global epoxy novolac resins market in 2018, followed by Low Viscosity Epoxy Novolac Resins and High Viscosity Epoxy Novolac Resins respectively. Liquid Bisphenol F Epoxy Resin accounted for more than 50% share of the global epoxy novolac resins market owing to its wide range of applications such as high-performance coatings, adhesives, sealants & potting compounds, electrical insulation materials etc, which are used across various industries such as automotive industry (e.g., paints), construction industry (e.g., sealants), aerospace & defense industry (e.g., potting compounds) etc Low Viscosity Epoxy Novolac Resin accounted for more than 30% share owing to its wide range of applications such as high-performance coatings (e.g., paints), adhesives (e.g., sealants) etc High Viscosity Epoxy Novolac Resin accounted for less than 10% share owing to its limited application scope mainly in PCB ink formulations where it is used primarily as an adhesive resin component or a filler material that improves electrical conductivity properties without compromising mechanical strength or thermal stability.
Some Of The Growth Factors Of This Market:
- Epoxy Novolac Resins are used in the production of coatings, adhesives, and sealants.
- The demand for Epoxy Novolac Resins is expected to grow due to the increasing demand for coatings, adhesives, and sealants in construction industry.
- The growth of construction industry is expected to drive the growth of Epoxy Novolac Resins market over the forecast period.
- Increasing use of epoxy resins in automotive industry is also expected to drive the growth of Epoxy Novolac Resin market over the forecast period.
- Increasing use of epoxy resins in electronics industry is also expected to drive the growth of Epoxy Novolac Resin market over the forecast period.
Industry Growth Insights published a new data on “Epoxy Novolac Resins Market”. The research report is titled “Epoxy Novolac Resins Market research by Types (Liquid Bisphenol F Epoxy Resins, Low Viscosity Epoxy Novolac Resins, High Viscosity Epoxy Novolac Resins, Other), By Applications (CCL, High Temperature Resistant Adhesive, Phenolic Epoxy Vinyl Resin, PCB Ink, Coating, Other), By Players/Companies Huntsman Corporation, Hexion, Sinopec, Nan Ya, Aditya Birla Chemicals, Miller-Stephenson Chemicals, Olin, CVC, Dow Chemical, Sakamoto Yakuhin Kogyo, Arnette Polymers, Atul Ltd, EMS-GRILTECH”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Novolac Resins Market Research Report
By Type
Liquid Bisphenol F Epoxy Resins, Low Viscosity Epoxy Novolac Resins, High Viscosity Epoxy Novolac Resins, Other
By Application
CCL, High Temperature Resistant Adhesive, Phenolic Epoxy Vinyl Resin, PCB Ink, Coating, Other
By Companies
Huntsman Corporation, Hexion, Sinopec, Nan Ya, Aditya Birla Chemicals, Miller-Stephenson Chemicals, Olin, CVC, Dow Chemical, Sakamoto Yakuhin Kogyo, Arnette Polymers, Atul Ltd, EMS-GRILTECH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Novolac Resins Market Report Segments:
The global Epoxy Novolac Resins market is segmented on the basis of:
Types
Liquid Bisphenol F Epoxy Resins, Low Viscosity Epoxy Novolac Resins, High Viscosity Epoxy Novolac Resins, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
CCL, High Temperature Resistant Adhesive, Phenolic Epoxy Vinyl Resin, PCB Ink, Coating, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huntsman Corporation
- Hexion
- Sinopec
- Nan Ya
- Aditya Birla Chemicals
- Miller-Stephenson Chemicals
- Olin
- CVC
- Dow Chemical
- Sakamoto Yakuhin Kogyo
- Arnette Polymers
- Atul Ltd
- EMS-GRILTECH
Highlights of The Epoxy Novolac Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Bisphenol F Epoxy Resins
- Low Viscosity Epoxy Novolac Resins
- High Viscosity Epoxy Novolac Resins
- Other
- By Application:
- CCL
- High Temperature Resistant Adhesive
- Phenolic Epoxy Vinyl Resin
- PCB Ink
- Coating
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Epoxy Novolac Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Epoxy Novolac Resins are a type of epoxy resin that is used to create products such as adhesives, sealants, and composites. Epoxy Novolac Resins are made from a mixture of two types of epoxies: an aliphatic epoxide and a phenolic epoxide. These resins can be cured with heat or ultraviolet light to create products that have strong bonds between the molecules.
Some of the key players operating in the epoxy novolac resins market are Huntsman Corporation, Hexion, Sinopec, Nan Ya, Aditya Birla Chemicals, Miller-Stephenson Chemicals, Olin, CVC, Dow Chemical, Sakamoto Yakuhin Kogyo, Arnette Polymers, Atul Ltd, EMS-GRILTECH.
The epoxy novolac resins market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Epoxy Novolac Resins Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Epoxy Novolac Resins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Epoxy Novolac Resins Market - Supply Chain
4.5. Global Epoxy Novolac Resins Market Forecast
4.5.1. Epoxy Novolac Resins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Epoxy Novolac Resins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Epoxy Novolac Resins Market Absolute $ Opportunity
5. Global Epoxy Novolac Resins Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Epoxy Novolac Resins Market Size and Volume Forecast by Type
5.3.1. Liquid Bisphenol F Epoxy Resins
5.3.2. Low Viscosity Epoxy Novolac Resins
5.3.3. High Viscosity Epoxy Novolac Resins
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Epoxy Novolac Resins Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Epoxy Novolac Resins Market Size and Volume Forecast by Application
6.3.1. CCL
6.3.2. High Temperature Resistant Adhesive
6.3.3. Phenolic Epoxy Vinyl Resin
6.3.4. PCB Ink
6.3.5. Coating
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Epoxy Novolac Resins Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Epoxy Novolac Resins Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Epoxy Novolac Resins Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Epoxy Novolac Resins Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Epoxy Novolac Resins Demand Share Forecast, 2019-2029
9. North America Epoxy Novolac Resins Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Epoxy Novolac Resins Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Epoxy Novolac Resins Market Size and Volume Forecast by Application
9.4.1. CCL
9.4.2. High Temperature Resistant Adhesive
9.4.3. Phenolic Epoxy Vinyl Resin
9.4.4. PCB Ink
9.4.5. Coating
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Epoxy Novolac Resins Market Size and Volume Forecast by Type
9.7.1. Liquid Bisphenol F Epoxy Resins
9.7.2. Low Viscosity Epoxy Novolac Resins
9.7.3. High Viscosity Epoxy Novolac Resins
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Epoxy Novolac Resins Demand Share Forecast, 2019-2029
10. Latin America Epoxy Novolac Resins Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Epoxy Novolac Resins Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Epoxy Novolac Resins Market Size and Volume Forecast by Application
10.4.1. CCL
10.4.2. High Temperature Resistant Adhesive
10.4.3. Phenolic Epoxy Vinyl Resin
10.4.4. PCB Ink
10.4.5. Coating
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Epoxy Novolac Resins Market Size and Volume Forecast by Type
10.7.1. Liquid Bisphenol F Epoxy Resins
10.7.2. Low Viscosity Epoxy Novolac Resins
10.7.3. High Viscosity Epoxy Novolac Resins
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Epoxy Novolac Resins Demand Share Forecast, 2019-2029
11. Europe Epoxy Novolac Resins Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Epoxy Novolac Resins Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Epoxy Novolac Resins Market Size and Volume Forecast by Application
11.4.1. CCL
11.4.2. High Temperature Resistant Adhesive
11.4.3. Phenolic Epoxy Vinyl Resin
11.4.4. PCB Ink
11.4.5. Coating
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Epoxy Novolac Resins Market Size and Volume Forecast by Type
11.7.1. Liquid Bisphenol F Epoxy Resins
11.7.2. Low Viscosity Epoxy ovolac Resins
11.7.3. High Viscosity Epoxy Novolac Resins
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Epoxy Novolac Resins Demand Share, 2019-2029
12. Asia Pacific Epoxy Novolac Resins Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Epoxy Novolac Resins Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Epoxy Novolac Resins Market Size and Volume Forecast by Application
12.4.1. CCL
12.4.2. High Temperature Resistant Adhesive
12.4.3. Phenolic Epoxy Vinyl Resin
12.4.4. PCB Ink
12.4.5. Coating
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Epoxy Novolac Resins Market Size and Volume Forecast by Type
12.7.1. Liquid Bisphenol F Epoxy Resins
12.7.2. Low Viscosity Epoxy Novolac Resins
12.7.3. High Viscosity Epoxy Novolac Resins
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Epoxy Novolac Resins Demand Share, 2019-2029
13. Middle East & Africa Epoxy Novolac Resins Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Epoxy Novolac Resins Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Epoxy Novolac Resins Market Size and Volume Forecast by Application
13.4.1. CCL
13.4.2. High Temperature Resistant Adhesive
13.4.3. Phenolic Epoxy Vinyl Resin
13.4.4. PCB Ink
13.4.5. Coating
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Epoxy Novolac Resins Market Size and Volume Forecast by Type
13.7.1. Liquid Bisphenol F Epoxy Resins
13.7.2. Low Viscosity Epoxy Novolac Resins
13.7.3. High Viscosity Epoxy Novolac Resins
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Epoxy Novolac Resins Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Epoxy Novolac Resins Market: Market Share Analysis
14.2. Epoxy Novolac Resins Distributors and Customers
14.3. Epoxy Novolac Resins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huntsman Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hexion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sinopec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nan Ya
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aditya Birla Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Miller-Stephenson Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Olin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CVC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dow Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sakamoto Yakuhin Kogyo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Arnette Polymers
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Atul Ltd
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. EMS-GRILTECH
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
