The global epoxy resin for marine composites market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for composite materials in marine applications, such as boats and yachts. The demand for composite materials in marine applications is expected to increase due to their high durability and low maintenance requirements, which are not found in other materials such as steel or aluminum.
Single component epoxy resins accounted for the largest share of the global epoxy resin for marine composites market in 2017, followed by double component epoxy resins and multi component epoxies. Single component epoxy resins are used extensively in boat building because they provide excellent adhesion with wood substrates and have good chemical resistance properties that make them suitable for use on boats that come into contact with salt water or other harsh chemicals during their lifetime. Double component epoxies are also used extensively on boats because they offer better mechanical properties than single-component products; however, they require more time to cure than single-component products do. Multi-component products offer better mechanical properties than single-component products but require more time to cure than double-component products do; therefore, these types of product are mainly used on yachts where there is enough time available before launching a boat into water after application.
Some Of The Growth Factors Of This Market:
- Epoxy resin is a type of thermosetting polymer that is used in the production of marine composites.
- Epoxy resins are also used in the production of fiberglass reinforced plastics (FRP) which are widely used in the construction industry.
- Increasing demand for FRP products from various industries such as automotive, construction, aerospace & defense and others will drive the growth of this market.
Industry Growth Insights published a new data on “Epoxy Resin for Marine Composites Market”. The research report is titled “Epoxy Resin for Marine Composites Market research by Types (Single Component Epoxy Resin, Double Component Epoxy Resin, Multi Component Epoxy Resin), By Applications (Boats, Yachts, Others), By Players/Companies Huntsman, DowDuPont, Solvay, Aditya Birla Chemicals, Hexion, Sika AG, Olin Corporation, Sicomin, Wessex Resin and Adhesives, Nama Chemicals, Sinopec Baling Company, Nan Ya Plastics Corp”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Resin for Marine Composites Market Research Report
By Type
Single Component Epoxy Resin, Double Component Epoxy Resin, Multi Component Epoxy Resin
By Application
Boats, Yachts, Others
By Companies
Huntsman, DowDuPont, Solvay, Aditya Birla Chemicals, Hexion, Sika AG, Olin Corporation, Sicomin, Wessex Resin and Adhesives, Nama Chemicals, Sinopec Baling Company, Nan Ya Plastics Corp
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Resin for Marine Composites Market Report Segments:
The global Epoxy Resin for Marine Composites market is segmented on the basis of:
Types
Single Component Epoxy Resin, Double Component Epoxy Resin, Multi Component Epoxy Resin
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
Boats, Yachts, Others
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
- DowDuPont
- Solvay
- Aditya Birla Chemicals
- Hexion
- Sika AG
- Olin Corporation
- Sicomin
- Wessex Resin and Adhesives
- Nama Chemicals
- Sinopec Baling Company
- Nan Ya Plastics Corp
Highlights of The Epoxy Resin for Marine Composites 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:
- Single Component Epoxy Resin
- Double Component Epoxy Resin
- Multi Component Epoxy Resin
- By Application:
- Boats
- Yachts
- Others
- 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 Resin for Marine Composites 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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 resin is a type of marine composite material that is used to create a strong and durable surface. Epoxy resin can be used to create surfaces for boats, ships, and other watercraft.
Some of the major players in the epoxy resin for marine composites market are Huntsman, DowDuPont, Solvay, Aditya Birla Chemicals, Hexion, Sika AG, Olin Corporation, Sicomin, Wessex Resin and Adhesives, Nama Chemicals, Sinopec Baling Company, Nan Ya Plastics Corp.
The epoxy resin for marine composites market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Epoxy Resin for Marine Composites 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 Resin for Marine Composites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Epoxy Resin for Marine Composites Market - Supply Chain
4.5. Global Epoxy Resin for Marine Composites Market Forecast
4.5.1. Epoxy Resin for Marine Composites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Epoxy Resin for Marine Composites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Epoxy Resin for Marine Composites Market Absolute $ Opportunity
5. Global Epoxy Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Type
5.3.1. Single Component Epoxy Resin
5.3.2. Double Component Epoxy Resin
5.3.3. Multi Component Epoxy Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Epoxy Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
6.3.1. Boats
6.3.2. Yachts
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Demand Share Forecast, 2019-2026
9. North America Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
9.4.1. Boats
9.4.2. Yachts
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Epoxy Resin for Marine Composites Market Size and Volume Forecast by Type
9.7.1. Single Component Epoxy Resin
9.7.2. Double Component Epoxy Resin
9.7.3. Multi Component Epoxy Resin
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 Resin for Marine Composites Demand Share Forecast, 2019-2026
10. Latin America Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
10.4.1. Boats
10.4.2. Yachts
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Epoxy Resin for Marine Composites Market Size and Volume Forecast by Type
10.7.1. Single Component Epoxy Resin
10.7.2. Double Component Epoxy Resin
10.7.3. Multi Component Epoxy Resin
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 Resin for Marine Composites Demand Share Forecast, 2019-2026
11. Europe Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
11.4.1. Boats
11.4.2. Yachts
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Epoxy Resin for Marine Composites Market Size and Volume Forecast by Type
11.7.1. Single Component Epoxy Resin
11.7.2. Double Component Epoxy Resin
11.7.3. Multi Component Epoxy Resin
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 Resin for Marine Composites Demand Share, 2019-2026
12. Asia Pacific Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
12.4.1. Boats
12.4.2. Yachts
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Epoxy Resin for Marine Composites Market Size and Volume Forecast by Type
12.7.1. Single Component Epoxy Resin
12.7.2. Double Component Epoxy Resin
12.7.3. Multi Component Epoxy Resin
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 Resin for Marine Composites Demand Share, 2019-2026
13. Middle East & Africa Epoxy Resin for Marine Composites 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 Resin for Marine Composites 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 Resin for Marine Composites Market Size and Volume Forecast by Application
13.4.1. Boats
13.4.2. Yachts
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Epoxy Resin for Marine Composites Market Size and Volume Forecast by Type
13.7.1. Single Component Epoxy Resin
13.7.2. Double Component Epoxy Resin
13.7.3. Multi Component Epoxy Resin
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 Resin for Marine Composites Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Epoxy Resin for Marine Composites Market: Market Share Analysis
14.2. Epoxy Resin for Marine Composites Distributors and Customers
14.3. Epoxy Resin for Marine Composites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huntsman
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Solvay
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aditya Birla Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hexion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sika AG
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 Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sicomin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wessex Resin and Adhesives
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nama Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinopec Baling Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nan Ya Plastics Corp
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
