Market Overview:
The global special type epoxy resin market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for special type epoxy resin from various end-use industries such as oil & gas, chemical industrial, ocean engineering and others. In addition, the growing awareness about benefits of bio-based resins over traditional amine epoxy resins is also expected to fuel the growth of this market in near future. On basis of type, bio-based resins are projected to witness highest CAGR during forecast period followed by amine epoxy resins. Bio-based resins are made up of natural materials which makes it environment friendly as compared to other synthetic materials used in manufacturing amine epoxy resin products. This factor is expected to boost their demand over next few years across globe. On basis on application, oil & gas segment accounted for largest share in global special type epoxy resin market in 2017 and is anticipated grow at significant rate during forecast period owing high adoption rate among various end users industries .Whereas chemical industrial segmentis projectedto exhibit highest CAGRduring forecast period due rising demand from Asia Pacific region .
Product Definition:
Epoxy resins are a group of thermoset plastics that are used in a wide variety of applications, including adhesives, coatings, composites and electrical insulation. Epoxy resins can be either special type or general purpose. Special type epoxy resin is formulated for specific applications and has unique properties that make it better suited for those applications than general purpose epoxy resin. For example, special type epoxy resin may have higher heat resistance or greater flexibility than general purpose epoxy resin.
Bio-based Resin:
Bio-based resins are natural or organic substances used as a base material for the production of polymers. Bio-based resins are widely utilized in various end-use industries such as construction, automotive and packaging owing to their environment friendly nature. Increasing demand for bio based resin is attributed to its ability to replace synthetic materials which have harmful effects on the environment during manufacturing & disposal process and also has no or less recycling facilities.
Amine Epoxy Resin:
Amine epoxy resin is a special type of epoxy resin, which contains amine group. It can be used as hardening agent in several applications including electrical & electronics, automotive and marine. The product has high compatibility with polyester and unsaturated polyester resins owing to which it finds application in manufacturing automotive parts such as instrument panels, door inner panels and others.
Application Insights:
The oil segment led the global special type epoxy resin market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in lubricant formulations for various oils owing to its superior properties, such as low volatility, high viscosity index and thermal stability. These factors are anticipated to drive demand for oil applications over the forecast period.
Specialty coatings have excellent resistance against acids, alkalis, solvents and fuels which further enhances their demand in industrial & automotive lubricants. In addition, they also find application as a component of gas turbine engine oils owing to their anti-corrosion characteristics that enhance operational lifetime of engines.
Epoxy coatings are utilized on a wide range of equipment including pipes & tanks for petrochemical plants; process equipment; drilling & production systems; pipelines & tankers transporting crude oil or petroleum products; offshore platforms etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for Special Type Epoxy Resin from various end-use industries such as aerospace, automotive, marine, wind energy and chemical.
The growing manufacturing sector in emerging economies of Asia Pacific including China and India are anticipated to fuel product demand over the forecast period. In addition, rising investments by foreign companies for developing infrastructure such as roads and buildings are likely to propel industry growth across this region.
Europe was estimated at USD X million in 2017 on account of high consumption volume from oil & gas industry coupled with stringent environmental regulations by REACH (Registration, Evaluation, Authorizationand Restriction) body regarding production methods used across this region. Amine epoxy resin accounted for a major share due to its properties such as low toxicity and flammability which makes it suitable for use in various applications including paints & coatings adhesives among others).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising awareness about the benefits of using special type epoxy resin over traditional adhesives and sealants
- Growing R&D investments by leading players to develop innovative products
- Expansion of global manufacturing base by key players to cater to rising demand
- Emergence of new applications for special type epoxy resin in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Type Epoxy Resin Market Research Report
By Type
Bio-based Resin, Amine Epoxy Resin
By Application
Oil, Chemical Industrial, Ocean, Engineering
By Companies
Kukdo, Teijin, Asahi-Kasei, Lotte Chemica, Adeka, Hapco Inc, Bjb Enterprises, Poly Cast, Palmerholland, Master Bond, Xitai Chemical
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Special Type Epoxy Resin Market Report Segments:
The global Special Type Epoxy Resin market is segmented on the basis of:
Types
Bio-based Resin, Amine 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
Oil, Chemical Industrial, Ocean, Engineering
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:
- Kukdo
- Teijin
- Asahi-Kasei
- Lotte Chemica
- Adeka
- Hapco Inc
- Bjb Enterprises
- Poly Cast
- Palmerholland
- Master Bond
- Xitai Chemical
Highlights of The Special Type 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:
- Bio-based Resin
- Amine Epoxy Resin
- By Application:
- Oil
- Chemical Industrial
- Ocean
- Engineering
- 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 Special Type 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?
Special type epoxy resin is a kind of epoxy resin that has been designed to resist high temperatures. This type of epoxy resin is often used in applications where high temperatures are expected, such as in the automotive industry.
Some of the major players in the special type epoxy resin market are Kukdo, Teijin, Asahi-Kasei, Lotte Chemica, Adeka, Hapco Inc, Bjb Enterprises, Poly Cast, Palmerholland, Master Bond, Xitai Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Special Type 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 Special Type Epoxy Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Special Type 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 Special Type 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 Special Type Epoxy Resin Market Size & Forecast, 2020-2028
4.5.1 Special Type Epoxy Resin Market Size and Y-o-Y Growth
4.5.2 Special Type 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 Bio-based Resin
5.2.2 Amine Epoxy Resin
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 Oil
6.2.2 Chemical Industrial
6.2.3 Ocean
6.2.4 Engineering
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Special Type 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 Special Type 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 Bio-based Resin
9.6.2 Amine Epoxy Resin
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 Oil
9.10.2 Chemical Industrial
9.10.3 Ocean
9.10.4 Engineering
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 Bio-based Resin
10.6.2 Amine Epoxy Resin
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 Oil
10.10.2 Chemical Industrial
10.10.3 Ocean
10.10.4 Engineering
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 Bio-based Resin
11.6.2 Amine Epoxy Resin
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 Oil
11.10.2 Chemical Industrial
11.10.3 Ocean
11.10.4 Engineering
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 Bio-based Resin
12.6.2 Amine Epoxy Resin
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 Oil
12.10.2 Chemical Industrial
12.10.3 Ocean
12.10.4 Engineering
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 Bio-based Resin
13.6.2 Amine Epoxy Resin
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 Oil
13.10.2 Chemical Industrial
13.10.3 Ocean
13.10.4 Engineering
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 Special Type Epoxy Resin Market: Competitive Dashboard
14.2 Global Special Type Epoxy Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kukdo
14.3.2 Teijin
14.3.3 Asahi-Kasei
14.3.4 Lotte Chemica
14.3.5 Adeka
14.3.6 Hapco Inc
14.3.7 Bjb Enterprises
14.3.8 Poly Cast
14.3.9 Palmerholland
14.3.10 Master Bond
14.3.11 Xitai Chemical
