Market Overview:
The global high-purity epoxy resin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-purity epoxy resin from the semiconductor encapsulation and electronic components industries. Additionally, the growing demand for lightweight and durable materials is also contributing to the growth of this market. On the basis of type, electrical grade accounted for a majority share of the global high-purity epoxy resin market in 2017. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its widespread use in various end-use industries such as semiconductor encapsulation and electronic components.
Product Definition:
A high-purity epoxy resin is a type of synthetic resin that is used to create various types of adhesives, coatings, and sealants. These resins are known for their exceptional strength and durability, as well as their resistance to extreme temperatures and moisture. High-purity epoxy resins are an important component in many industrial applications where a high level of performance is required.
Electrical Grade:
Electrical grade is a high-purity epoxy resin that is used as an insulating material in electrical applications. It has the ability to transmit electricity and can also be used for non-electric purposes such as adhesives, sealants, coatings and composites.
Other:
Other is a generic name for any additive or filler material used in epoxy resins. Other materials include polymers, minerals, and organic additives such as fillers and colorants. The most common types of other used in epoxy resin production are microspheres (polystyrene), glass beads, sand (silica), rice husk ash, wood flour and ground up recycled tires.
Application Insights:
Semiconductor encapsulation was the dominant application segment in terms of revenue share in 2017. The product is used for manufacturing semiconductors and electronic components such as integrated circuits, capacitors, and resistors on a large scale. Semiconductor encapsulation is expected to be the fastest-growing segment over the forecast period owing to increasing demand for high-tech products across various end-use industries including telecommunication, computing devices, medical equipment & appliances among others.
The electronic components segment accounted for a significant market share in terms of revenue as well as volume in 2017 due to growing demand from various end-use industries including automotive electronics and consumer electronics among others. Electronic components are further classified into two categories that include semiconductors and non-semiconductors based on their applications.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth on account of increasing demand from end-use industries, such as electronics and semiconductors. In addition, rising investments by foreign players in emerging economies are expected to drive the regional market over the forecast period.
The growing electronic devices industry coupled with favorable government policies aimed at promoting domestic manufacturing activities is anticipated to augment product demand in Asia Pacific region. China emerged as a major consumer and producer across this region owing to cheap labor costs and availability of raw materials close at hand’s reach Epoxy resin manufacturers located across this region thus enabling them enjoy cost-effective distribution network throughout Asia Pacific thereby driving high purity epoxy resin consumption within this economy.
Europe was another key consumer across this industry due to presence of major manufacturers such as BASF SE; Chevron Phillips Chemical Co.
Growth Factors:
- Increasing demand for high-purity epoxy resin from the electronics and electrical industries due to its excellent insulation and flame retardant properties.
- Growing demand for composites in the aerospace industry as they are lightweight and have better mechanical properties than traditional materials such as metals.
- Rising demand for wind energy due to government initiatives to promote renewable energy sources over conventional fuels. This is expected to drive the growth of the high-purity epoxy resin market in Asia Pacific region during the forecast period.
- Increasing use of high-purity epoxy resin in medical applications such as dental fillings, bone cements, and prosthetic devices owing to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Purity Epoxy Resin Market Research Report
By Type
Electrical Grade, Other
By Application
Semiconductor Encapsulation, Electronic Components
By Companies
M, BASF, Dow, Huntsman, Aditya Birla Chemicals, Momentive Performance Materials, Nama Chemcials, Kukdo Chemical, Nan Ya Plastics, Chang Chun Plastics
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global High-Purity Epoxy Resin Market Report Segments:
The global High-Purity Epoxy Resin market is segmented on the basis of:
Types
Electrical Grade, 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
Semiconductor Encapsulation, Electronic Components
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:
- M
- BASF
- Dow
- Huntsman
- Aditya Birla Chemicals
- Momentive Performance Materials
- Nama Chemcials
- Kukdo Chemical
- Nan Ya Plastics
- Chang Chun Plastics
Highlights of The High-Purity 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:
- Electrical Grade
- Other
- By Application:
- Semiconductor Encapsulation
- Electronic Components
- 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 High-Purity 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?
High-purity epoxy resin is a type of epoxy resin that has been specifically designed to meet the highest quality standards. This type of epoxy resin is typically used in applications where high accuracy and reliability are required, such as in the manufacturing of electronic components.
Some of the major companies in the high-purity epoxy resin market are M, BASF, Dow, Huntsman, Aditya Birla Chemicals, Momentive Performance Materials, Nama Chemcials, Kukdo Chemical, Nan Ya Plastics, Chang Chun Plastics.
The high-purity epoxy resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-Purity 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 High-Purity Epoxy Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-Purity 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 High-Purity 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 High-Purity Epoxy Resin Market Size & Forecast, 2020-2028
4.5.1 High-Purity Epoxy Resin Market Size and Y-o-Y Growth
4.5.2 High-Purity 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 Electrical Grade
5.2.2 Other
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 Semiconductor Encapsulation
6.2.2 Electronic Components
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-Purity 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 High-Purity 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 Electrical Grade
9.6.2 Other
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 Semiconductor Encapsulation
9.10.2 Electronic Components
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 Electrical Grade
10.6.2 Other
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 Semiconductor Encapsulation
10.10.2 Electronic Components
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 Electrical Grade
11.6.2 Other
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 Semiconductor Encapsulation
11.10.2 Electronic Components
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 Electrical Grade
12.6.2 Other
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 Semiconductor Encapsulation
12.10.2 Electronic Components
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 Electrical Grade
13.6.2 Other
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 Semiconductor Encapsulation
13.10.2 Electronic Components
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 High-Purity Epoxy Resin Market: Competitive Dashboard
14.2 Global High-Purity Epoxy Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 BASF
14.3.3 Dow
14.3.4 Huntsman
14.3.5 Aditya Birla Chemicals
14.3.6 Momentive Performance Materials
14.3.7 Nama Chemcials
14.3.8 Kukdo Chemical
14.3.9 Nan Ya Plastics
14.3.10 Chang Chun Plastics
