Market Overview:
The global solid epoxy resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for epoxy resins from paints & coatings, composites, adhesives & sealants, and other applications. In terms of volume, the global solid epoxy resin market is projected to reach 2,811 kilotons by 2030. Based on type, the global solid epoxy resin market can be segmented into low viscosity epoxy resin, medium viscosity epoxy resin and high viscosity epoxy resin.
Product Definition:
A two-part epoxy resin system typically used in fiberglass boat repair and construction. It is a liquid that cures to a hard, solid plastic when mixed with an activator. Solid epoxy resin is important because it is strong, waterproof, and can be molded into many different shapes.
Low Viscosity Epoxy Resin:
Low viscosity epoxy resin is a kind of solid epoxy resin that has low molecular weight and viscosity. Low Viscosity Epoxy Resin (LVEHR) acts as a matting agent in solid epoxies, especially in high-performance products such as high-performance polyurethanes. It helps to reduce the gloss of the finished product and also increases its durability by improving abrasion resistance.
Medium Viscosity Epoxy Resin:
Medium viscosity epoxy resin is a type of solid epoxy resin that has low molecular weight and high viscosity. It is also called as MVEB or medium viscosity European base (MVBE) epoxy resin. Medium Viscosity Epoxy Resin can be used in various industries such as electrical, automotive, building & construction, marine and others where low-viscosity resins are required.
Application Insights:
The other application segment includes food & beverages, textiles, automotive and construction among others. The demand for the product in this application is likely to be driven by increasing use of epoxy resins in coatings and adhesives used in the manufacturing of household appliances as well as automobiles. Increasing industrialization along with rising disposable income levels particularly in Asia Pacific is expected to drive growth over the forecast period.
Paints & coatings emerged as largest revenue-generating segment owing to high usage of solid epoxy resins for coating applications such as wall paints, roof paints, decorative paint on wood surfaces and metal surfaces among others. In addition, growing use of decorative coatings that are applied onto concrete structures such as walkways along with rapid urbanization is anticipated to boost industry growth over the forecast period.
Epoxy resin has gained popularity due its properties including resistance against chemicals like acids.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a growth rate of 6.9% from 2018 to 2030 owing to increasing construction spending and rising automotive production in the region. In addition, growing industrialization and rapid urbanization are also likely to drive product demand over the forecast period.
The Asia Pacific was followed by Europe, which accounted for a share of more than 25% in 2017 owing to high consumption volumes generated by rapidly recovering construction industry after recession caused by economic crisis in 2008-09 and 2009 respectively. However, Middle East & Africa is projected be fastest-growing regional segment with a CAGR of XX%, due epoxy resin being primarily used as an adhesive agent for producing lightweight components on vehicles produced by Toyota Industries Corporation (TIC).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and marine sectors
- Rising awareness about the benefits of using solid epoxy resin among consumers
- Growing popularity of composite materials over traditional materials in various applications
- Technological advancements in the production process of solid epoxy resin
- Rising demand for lightweight and durable products across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Epoxy Resin Market Research Report
By Type
Low Viscosity Epoxy Resin, Medium Viscosity Epoxy Resin, High Viscosity Epoxy Resin
By Application
Paints & Coatings, Composites, Adhesives & Sealants, Other
By Companies
Kukdo Chemicals, Nan Ya Plastics, Sanmu Group, Hexion, Olin, Aditya Birla Chemicals, Chang Chun Chemical, SINOPEC Baling, Jiangsu Yangnong, Guangdong Hongchang, Dalian Qihua Chemical, Bluestar, Huntsman, Kingboard (Panyu) Petrochemical, Nantong Xingchen, Mitsubishi Chemical (MCC), SPOLCHEMIE, Leuna-Harze, Atul, Nama Chemicals
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Solid Epoxy Resin Market Report Segments:
The global Solid Epoxy Resin market is segmented on the basis of:
Types
Low Viscosity Epoxy Resin, Medium Viscosity Epoxy Resin, High Viscosity 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
Paints & Coatings, Composites, Adhesives & Sealants, 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:
- Kukdo Chemicals
- Nan Ya Plastics
- Sanmu Group
- Hexion
- Olin
- Aditya Birla Chemicals
- Chang Chun Chemical
- SINOPEC Baling
- Jiangsu Yangnong
- Guangdong Hongchang
- Dalian Qihua Chemical
- Bluestar
- Huntsman
- Kingboard (Panyu) Petrochemical
- Nantong Xingchen
- Mitsubishi Chemical (MCC)
- SPOLCHEMIE
- Leuna-Harze
- Atul
- Nama Chemicals
Highlights of The Solid 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:
- Low Viscosity Epoxy Resin
- Medium Viscosity Epoxy Resin
- High Viscosity Epoxy Resin
- By Application:
- Paints & Coatings
- Composites
- Adhesives & Sealants
- 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 Solid 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.
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- Correctly Positioning New Products
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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?
Solid epoxy resin is a type of epoxy resin that is solid at room temperature. It is most commonly used to seal joints in construction, and it has a high resistance to water and other chemicals.
Some of the key players operating in the solid epoxy resin market are Kukdo Chemicals, Nan Ya Plastics, Sanmu Group, Hexion, Olin, Aditya Birla Chemicals, Chang Chun Chemical, SINOPEC Baling, Jiangsu Yangnong, Guangdong Hongchang, Dalian Qihua Chemical, Bluestar, Huntsman, Kingboard (Panyu) Petrochemical, Nantong Xingchen, Mitsubishi Chemical (MCC), SPOLCHEMIE, Leuna-Harze, Atul, Nama Chemicals.
The solid epoxy resin market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid Epoxy Resin 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. Solid Epoxy Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid Epoxy Resin Market - Supply Chain
4.5. Global Solid Epoxy Resin Market Forecast
4.5.1. Solid Epoxy Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid Epoxy Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid Epoxy Resin Market Absolute $ Opportunity
5. Global Solid Epoxy Resin 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. Solid Epoxy Resin Market Size and Volume Forecast by Type
5.3.1. Low Viscosity Epoxy Resin
5.3.2. Medium Viscosity Epoxy Resin
5.3.3. High Viscosity Epoxy Resin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid Epoxy Resin 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. Solid Epoxy Resin Market Size and Volume Forecast by Application
6.3.1. Paints & Coatings
6.3.2. Composites
6.3.3. Adhesives & Sealants
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid Epoxy Resin 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. Solid Epoxy Resin 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 Solid Epoxy Resin 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. Solid Epoxy Resin 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 Solid Epoxy Resin Demand Share Forecast, 2019-2026
9. North America Solid Epoxy Resin 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 Solid Epoxy Resin 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 Solid Epoxy Resin Market Size and Volume Forecast by Application
9.4.1. Paints & Coatings
9.4.2. Composites
9.4.3. Adhesives & Sealants
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid Epoxy Resin Market Size and Volume Forecast by Type
9.7.1. Low Viscosity Epoxy Resin
9.7.2. Medium Viscosity Epoxy Resin
9.7.3. High Viscosity 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 Solid Epoxy Resin Demand Share Forecast, 2019-2026
10. Latin America Solid Epoxy Resin 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 Solid Epoxy Resin 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 Solid Epoxy Resin Market Size and Volume Forecast by Application
10.4.1. Paints & Coatings
10.4.2. Composites
10.4.3. Adhesives & Sealants
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid Epoxy Resin Market Size and Volume Forecast by Type
10.7.1. Low Viscosity Epoxy Resin
10.7.2. Medium Viscosity Epoxy Resin
10.7.3. High Viscosity 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 Solid Epoxy Resin Demand Share Forecast, 2019-2026
11. Europe Solid Epoxy Resin 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 Solid Epoxy Resin 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 Solid Epoxy Resin Market Size and Volume Forecast by Application
11.4.1. Paints & Coatings
11.4.2. Composites
11.4.3. Adhesives & Sealants
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid Epoxy Resin Market Size and Volume Forecast by Type
11.7.1. Low Viscosity Epoxy Resin
11.7.2. Medium Viscosity Epoxy Resin
11.7.3. High Viscosity Epoxy Resin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y rowth 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 Solid Epoxy Resin Demand Share, 2019-2026
12. Asia Pacific Solid Epoxy Resin 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 Solid Epoxy Resin 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 Solid Epoxy Resin Market Size and Volume Forecast by Application
12.4.1. Paints & Coatings
12.4.2. Composites
12.4.3. Adhesives & Sealants
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid Epoxy Resin Market Size and Volume Forecast by Type
12.7.1. Low Viscosity Epoxy Resin
12.7.2. Medium Viscosity Epoxy Resin
12.7.3. High Viscosity 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 Solid Epoxy Resin Demand Share, 2019-2026
13. Middle East & Africa Solid Epoxy Resin 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 Solid Epoxy Resin 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 Solid Epoxy Resin Market Size and Volume Forecast by Application
13.4.1. Paints & Coatings
13.4.2. Composites
13.4.3. Adhesives & Sealants
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid Epoxy Resin Market Size and Volume Forecast by Type
13.7.1. Low Viscosity Epoxy Resin
13.7.2. Medium Viscosity Epoxy Resin
13.7.3. High Viscosity 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 Solid Epoxy Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid Epoxy Resin Market: Market Share Analysis
14.2. Solid Epoxy Resin Distributors and Customers
14.3. Solid Epoxy Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kukdo Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nan Ya Plastics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sanmu Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Olin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aditya Birla 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. Chang Chun Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SINOPEC Baling
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Yangnong
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guangdong Hongchang
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dalian Qihua Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bluestar
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Huntsman
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kingboard (Panyu) Petrochemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nantong Xingchen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mitsubishi Chemical (MCC)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. SPOLCHEMIE
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Leuna-Harze
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Atul
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nama Chemicals
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
