Market Overview:
The global epoxy resin market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for epoxy resins from paints & coatings, composites, adhesives & sealants, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Epoxy resin is a thermoset polymer that is composed of two or more epoxide groups. Epoxy resins are used in a wide variety of applications, including coatings, adhesives, and composites.
Liquid:
Liquid is a term used for materials that can be transported and stored in bulk form. The most common types of liquid resin are epoxy resins, polyurethanes, acrylics and alkyd resins among others. Epoxy resin is the largest market for liquid products as it has high usage in various end-use industries such as automotive & transportation, building & construction along with consumer goods sector which includes appliances like refrigerators and washing machines.
Solid:
Solid is a product that exists in two forms, namely solid and liquid. Solid epoxy resin is manufactured by the reaction of epichlorohydrin with bisphenol A. Bisphenol A can be synthesized from crude oil or natural sources such as cornstarch or sugarcane. The choice of raw material has an important effect on the properties and characteristics of solid epoxy resin.
Application Insights:
Paints & coatings was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Paints & coatings are used for exterior as well as interior applications in construction, automotive, and industrial sectors. Increasing demand from various end-use industries is expected to drive the global epoxy resins market over the forecast period.
Epoxy resins are used for manufacturing paints that offer high resistance against chemicals, heat, cold and UV light among other properties such as adhesion to substrates like metal, wood among others. The increasing use of decorative paints with architectural designs coupled with rising consumer preference towards paint coating on several building materials including glass surfaces has increased demand for epoxy resins in this application significantly over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive markets such as China, India, Japan and South Korea. Growing vehicle manufacturing in these countries coupled with increasing investments for R&D activities will have a positive impact on industry growth over the next eight years.
Europe accounted for more than 20% of global revenue share in 2017 owing to high demand from end-use industries such as construction & infrastructure, automotive and marine applications. Increasing use of epoxy resins due to their excellent properties including resistance against moisture, heat and UV are projected favorably impact regional market growth during the forecast period.
North America emerged as one of the major consumers due to presence several key manufacturers operating within U.S.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing use of epoxy resin in composites and coatings
- Rising demand for adhesives and sealants
- Technological advancements in epoxy resin formulations
- Growing awareness about the benefits of epoxy resin
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Resin Market Research Report
By Type
Liquid, Solid, Solution
By Application
Paints & Coatings, Composites, Adhesives & Sealants, Others
By Companies
Olin Corporation, Nan Ya Plastics Corporation, Hexion Inc., Kukdo Chemical Co. Ltd., Huntsman Corporation, Chang Chun Plastics Co. Ltd., Aditya Birla Chemicals, M Company, BASF SE, Sinopec Corporation, Olin Corporation, Solvay, Henkel, Nona composites, Polyset Co Inc
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Resin Market Report Segments:
The global Epoxy Resin market is segmented on the basis of:
Types
Liquid, Solid, Solution
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
Paints & Coatings, Composites, Adhesives & Sealants, 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:
- Olin Corporation
- Nan Ya Plastics Corporation
- Hexion Inc.
- Kukdo Chemical Co. Ltd.
- Huntsman Corporation
- Chang Chun Plastics Co. Ltd.
- Aditya Birla Chemicals
- M Company
- BASF SE
- Sinopec Corporation
- Olin Corporation
- Solvay
- Henkel
- Nona composites
- Polyset Co Inc
Highlights of The Epoxy Resin 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
- Solid
- Solution
- By Application:
- Paints & Coatings
- Composites
- Adhesives & Sealants
- 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 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 adhesive that is made from two different types of epoxy resins. The first type, called a hardener, helps to set the epoxy resin and make it more durable. The second type, called a curing agent, helps to cure the epoxy resin so that it can be used as an adhesive.
Some of the major players in the epoxy resin market are Olin Corporation, Nan Ya Plastics Corporation, Hexion Inc., Kukdo Chemical Co. Ltd., Huntsman Corporation, Chang Chun Plastics Co. Ltd., Aditya Birla Chemicals, M Company, BASF SE, Sinopec Corporation, Olin Corporation, Solvay, Henkel, Nona composites, Polyset Co Inc.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Epoxy Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Epoxy Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Epoxy Resin Market Size & Forecast, 2020-2028
4.5.1 Epoxy Resin Market Size and Y-o-Y Growth
4.5.2 Epoxy Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Solid
5.2.3 Solution
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Paints & Coatings
6.2.2 Composites
6.2.3 Adhesives & Sealants
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Epoxy Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Solid
9.6.3 Solution
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Paints & Coatings
9.10.2 Composites
9.10.3 Adhesives & Sealants
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Solid
10.6.3 Solution
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Paints & Coatings
10.10.2 Composites
10.10.3 Adhesives & Sealants
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Solid
11.6.3 Solution
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Paints & Coatings
11.10.2 Composites
11.10.3 Adhesives & Sealants
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Solid
12.6.3 Solution
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Paints & Coatings
12.10.2 Composites
12.10.3 Adhesives & Sealants
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Solid
13.6.3 Solution
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Paints & Coatings
13.10.2 Composites
13.10.3 Adhesives & Sealants
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Epoxy Resin Market: Competitive Dashboard
14.2 Global Epoxy Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olin Corporation
14.3.2 Nan Ya Plastics Corporation
14.3.3 Hexion Inc.
14.3.4 Kukdo Chemical Co. Ltd.
14.3.5 Huntsman Corporation
14.3.6 Chang Chun Plastics Co. Ltd.
14.3.7 Aditya Birla Chemicals
14.3.8 M Company
14.3.9 BASF SE
14.3.10 Sinopec Corporation
14.3.11 Olin Corporation
14.3.12 Solvay
14.3.13 Henkel
14.3.14 Nona composites
14.3.15 Polyset Co Inc
