Market by Application, Raw Material, Component, and Geography | Forecast 2021-2028
After a detailed analysis, Triton Market Research has concluded that the epoxy resins market is expected to display an upward trend, and has estimated it to grow at a CAGR of 5.04% in terms of revenue over the forecast period of 2021 to 2028. The industry generated $6065.41 million in 2020, and is expected to account for a revenue of $10470.83 million by 2028.
Epoxy resins are
increasingly used for various applications, because of their different
properties like adhesion, viscosity, and hardness, among others. The degree of
properties varies for different epoxy resins, and thus, this can provide
flexibility in terms of its applications. An epoxy resin can be created by
mixing a liquid resin with a suitable hardener. The type of components used may
depend on the purpose of the end product.
Within this report from Triton
on the epoxy resins market, the market scope and key insights regarding the
industry have been discussed. Also, the market attractiveness matrix, vendor
scorecard, impact of Coronavirus on the industry, and Porter’s five forces
analysis are studied for the epoxy resins industry.
Market drivers like strong
demand for epoxy resins in the aerospace industry, growing demand for paints
& coatings, and enhanced research & development in epoxy resin
technology are boosting the growth of the market. The industry is facing restraints
like fluctuating raw material prices, health hazards, and the emergence of
alternatives.
Key opportunities like the growth
in the adoption of modified resins, the growing wind energy market, and a rise
in the use of natural raw materials for epoxy resin production can be leveraged
by the industry to reach the projected growth.
Geographies
covered for the global epoxy resins market:
• North America: United States and
Canada
• Europe: United Kingdom, Germany,
France, Italy, Spain, Russia, and Rest of Europe
• Asia-Pacific: China, Japan, India,
South Korea, ASEAN countries, Australia & New Zealand, and Rest of
Asia-Pacific
• Latin America: Brazil, Mexico, and
Rest of Latin America
• Middle East and Africa: United Arab
Emirates, Turkey, Saudi Arabia, South Africa, and Rest of Middle East &
Africa
The
epoxy resins market is segmented according to application, raw material, and
component.
• Market by
Application:
o Paints & Coatings
o Electrical & Electronics
o Construction
o Adhesives
o Wind Turbine
o Composites
o Other Applications
• Market by Raw
Material:
o DGBEA (Bisphenol A & ECH)
o DGBEF (Bisphenol F & ECH)
o Novolac (Formaldehyde & Phenols)
o Aliphatic (Aliphatic Alcohols)
o Glycidylamine (Aromatic Amines &
ECH)
o Other Raw Materials
• Market by
Component:
o Epoxies
o Hardeners
Some
of the prominent players in the epoxy resins market are Aditya Birla Chemicals
Ltd, Dow Chemicals, Chang Chun Plastics Co Ltd, 3M Company, Cytec Industries
Incorporation (Solvay), Clariant AG, Jubail Chemical Industries Company
Limited, DuPont, BASF, Huntsman Corporation, Momentive Performance Materials
Holdings LLC, Nan Ya Plastics, Kukdo Chemical Co Ltd, and Sinopec Baling Co.
The strategic analysis for
each of these companies in the epoxy resins
market is covered in detail. Company profiles help dive into the information
about the key market players in this industry and how much of a hold they have
on the market. The immense growth opportunities are
attracting new companies to rush into this market, which will accelerate the
degree of competition among them.
Market Segmented By Type, Appl ..
VIEW REPORT
Market By Raw Material, End-us ..
VIEW REPORT
Market by Type, Raw Material, ..
VIEW REPORT
Market by Technology, Type, En ..
VIEW REPORT
Market by Function, Product Ty ..
VIEW REPORT
Market by Product Type, Applic ..
VIEW REPORT
Market by Product, Industry Ve ..
VIEW REPORT
Market by Type, Material, Indu ..
VIEW REPORT1. GLOBAL
EPOXY RESINS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
SCOPE
2.2. KEY
INSIGHTS
2.2.1. EPOXIES
ARE THE LARGEST COMPONENT OF THE EPOXY RESINS MARKET
2.2.2. NOVOLAC
(FORMALDEHYDE & PHENOLS) IS THE FASTEST-GROWING RAW MATERIAL OF THE EPOXY
RESINS MARKET
2.2.3. PAINTS
& COATINGS IS THE LARGEST APPLICATION IN THE EPOXY RESINS MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. MARKET
DRIVERS
2.6.1. STRONG
DEMAND FOR EPOXY RESINS IN THE AEROSPACE INDUSTRY
2.6.2. DEMAND
FOR PAINTS AND COATINGS
2.6.3. R&D
IN THE EPOXY RESIN TECHNOLOGY
2.7. MARKET
RESTRAINTS
2.7.1. FLUCTUATING
RAW MATERIAL PRICES
2.7.2. HEALTH
HAZARDS ASSOCIATED WITH BPA-BASED PRODUCTS
2.7.3. EMERGENCE
OF ALTERNATIVES
2.8. MARKET
OPPORTUNITIES
2.8.1. GROWTH
IN ADOPTION OF MODIFIED RESINS
2.8.2. GROWING
WIND ENERGY MARKET
2.8.3. USE OF
NATURAL RAW MATERIALS FOR EPOXY RESINS PRODUCTION
2.9. KEY
STRATEGIC DEVELOPMENTS
2.10. KEY
STRATEGIC DEVELOPMENTS
2.10.1. CONTRACTS
& PARTNERSHIPS
2.10.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.10.3. ACQUISITIONS
& MERGERS
2.10.4. NEW
PRODUCT LAUNCHES
2.11. IMPACT
OF CORONAVIRUS ON THE INDUSTRY
3. EPOXY
RESINS MARKET OUTLOOK - BY APPLICATION
3.1. PAINTS
& COATINGS
3.2. ELECTRICAL
& ELECTRONICS
3.3. CONSTRUCTION
3.4. ADHESIVES
3.5. WIND
TURBINE
3.6. COMPOSITES
3.7. OTHER
APPLICATIONS
4. EPOXY
RESINS MARKET OUTLOOK - BY RAW MATERIAL
4.1. DGBEA
(BISPHENOL A & ECH)
4.2. DGBEF
(BISPHENOL F & ECH)
4.3. NOVOLAC
(FORMALDEHYDE & PHENOLS)
4.4. ALIPHATIC
(ALIPHATIC ALCOHOLS)
4.5. GLYCIDYLAMINE
(AROMATIC AMINES & ECH)
4.6. OTHER
RAW MATERIAL
5. EPOXY
RESINS MARKET OUTLOOK - BY COMPONENT
5.1. EPOXIES
5.2. HARDENERS
6. EPOXY
RESINS MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY APPLICATION
6.1.2. MARKET
BY RAW MATERIAL
6.1.3. MARKET
BY COMPONENT
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. THE
UNITED STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY APPLICATION
6.2.2. MARKET
BY RAW MATERIAL
6.2.3. MARKET
BY COMPONENT
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. THE
UNITED KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. RUSSIA
6.2.4.7. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY APPLICATION
6.3.2. MARKET
BY RAW MATERIAL
6.3.3. MARKET
BY COMPONENT
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY APPLICATION
6.4.2. MARKET
BY RAW MATERIAL
6.4.3. MARKET
BY COMPONENT
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY APPLICATION
6.5.2. MARKET
BY RAW MATERIAL
6.5.3. MARKET
BY COMPONENT
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. THE
UNITED ARAB EMIRATES
6.5.4.2. TURKEY
6.5.4.3. SAUDI
ARABIA
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. 3M
COMPANY
7.2. ADITYA
BIRLA CHEMICALS LTD
7.3. BASF
7.4. CHANG
CHUN PLASTICS CO LTD
7.5. CYTEC
INDUSTRIES INCORPORATION (SOLVAY)
7.6. DUPONT
7.7. HUNTSMAN
CORPORATION
7.8. JUBAIL
CHEMICAL INDUSTRIES COMPANY LIMITED
7.9. KUKDO
CHEMICAL CO LTD
7.10. MOMENTIVE
PERFORMANCE MATERIALS HOLDINGS LLC
7.11. SINOPEC
BALING CO
7.12. DOW
CHEMICALS
7.13. NAN YA
PLASTICS
7.14. CLARIANT
AG
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL EPOXY RESINS
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL EPOXY RESINS
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 4: GLOBAL EPOXY RESINS
MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 5: GLOBAL EPOXY RESINS
MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)
TABLE 6: GLOBAL EPOXY RESINS
MARKET, BY GEOGRAPHY, 2021-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA EPOXY
RESINS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA EPOXY
RESINS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA EPOXY
RESINS MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA EPOXY
RESINS MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)
TABLE 11: EUROPE EPOXY RESINS
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 12: EUROPE EPOXY RESINS
MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 13: EUROPE EPOXY RESINS
MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 14: EUROPE EPOXY RESINS
MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC EPOXY
RESINS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 16: ASIA-PACIFIC EPOXY
RESINS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC EPOXY
RESINS MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC EPOXY
RESINS MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)
TABLE 19: LATIN AMERICA EPOXY
RESINS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 20: LATIN AMERICA EPOXY
RESINS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 21: LATIN AMERICA EPOXY
RESINS MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 22: LATIN AMERICA EPOXY
RESINS MARKET, BY COMPONENT, 2021-2028 (IN $ MILLION)
TABLE 23: MIDDLE EAST AND
AFRICA EPOXY RESINS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND
AFRICA EPOXY RESINS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 25: MIDDLE EAST AND
AFRICA EPOXY RESINS MARKET, BY RAW MATERIAL, 2021-2028 (IN $ MILLION)
TABLE 26: MIDDLE EAST AND
AFRICA EPOXY RESINS MARKET, BY COMPONENT 2021-2028 (IN $ MILLION)
FIGURE 1: GLOBAL EPOXY RESINS
MARKET, BY APPLICATION, 2020 & 2028 (IN %)
FIGURE 2: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4: GLOBAL EPOXY RESINS
MARKET, BY PAINTS & COATINGS, 2021-2028 (IN $ MILLION)
FIGURE 5: GLOBAL EPOXY RESINS
MARKET, BY ELECTRICAL & ELECTRONICS, 2021-2028 (IN $ MILLION)
FIGURE 6: GLOBAL EPOXY RESINS
MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 7: GLOBAL EPOXY RESINS
MARKET, BY ADHESIVES, 2021-2028 (IN $ MILLION)
FIGURE 8: GLOBAL EPOXY RESINS
MARKET, BY WIND TURBINE, 2021-2028 (IN $ MILLION)
FIGURE 9: GLOBAL EPOXY RESINS
MARKET, BY COMPOSITES, 2021-2028 (IN $ MILLION)
FIGURE 10: GLOBAL EPOXY RESINS
MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 11: GLOBAL EPOXY RESINS
MARKET, BY DGBEA (BISPHENOL A & ECH), 2021-2028 (IN $ MILLION)
FIGURE 12: GLOBAL EPOXY RESINS
MARKET, BY DGBEF (BISPHENOL F & ECH), 2021-2028 (IN $ MILLION)
FIGURE 13: GLOBAL EPOXY RESINS
MARKET, BY NOVOLAC (FORMALDEHYDE & PHENOLS), 2021-2028 (IN $ MILLION)
FIGURE 14: GLOBAL EPOXY RESINS
MARKET, BY ALIPHATIC (ALIPHATIC ALCOHOLS), 2021-2028 (IN $ MILLION)
FIGURE 15: GLOBAL EPOXY RESINS
MARKET, BY GLYCIDYLAMINE (AROMATIC AMINES & ECH), 2021-2028 (IN $ MILLION)
FIGURE 16: GLOBAL EPOXY RESINS
MARKET, BY OTHER RAW MATERIAL, 2021-2028 (IN $ MILLION)
FIGURE 17: GLOBAL EPOXY RESINS
MARKET, BY EPOXIES, 2021-2028 (IN $ MILLION)
FIGURE 18: GLOBAL EPOXY RESINS
MARKET, BY HARDENERS, 2021-2028 (IN $ MILLION)
FIGURE 19: GLOBAL EPOXY RESINS
MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 20: THE UNITED STATES
EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 21: CANADA EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: THE UNITED KINGDOM
EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: GERMANY EPOXY
RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: FRANCE EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: SPAIN EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: ITALY EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: RUSSIA EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF EUROPE
EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: CHINA EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: JAPAN EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: INDIA EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 32: SOUTH KOREA EPOXY
RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 33: ASEAN COUNTRIES
EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 34: AUSTRALIA & NEW
ZEALAND EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 35: REST OF
ASIA-PACIFIC EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 36: BRAZIL EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 37: MEXICO EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 38: REST OF LATIN
AMERICA EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 39: THE UNITED ARAB
EMIRATES EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 40: TURKEY EPOXY RESINS
MARKET 2021-2028 (IN $ MILLION)
FIGURE 41: SAUDI ARABIA EPOXY
RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 42: SOUTH AFRICA EPOXY
RESINS MARKET 2021-2028 (IN $ MILLION)
FIGURE 43: REST OF MIDDLE EAST
& AFRICA EPOXY RESINS MARKET 2021-2028 (IN $ MILLION)