Flexible Epoxy Resin Market by Type (Urethane Modified, Rubber Modified, Dimer Acid), Application (Paints & Coatings, Composites, Adhesives), and Region - Global Forecast to 2022

  • ID: 4422987
  • Report
  • Region: Global
  • 109 Pages
  • Markets and Markets
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The Flexible Epoxy Resin (FER) Market is Estimated at USD 570.9 Million in 2017 and is Projected to Reach USD 764.0 Million by 2022, at a CAGR of 6.0%

FEATURED COMPANIES

  • Aditya Birla Chemicals
  • Conren Limited
  • Epoxonic GmbH
  • Intertronics
  • Loxeal Srl
  • Olin Corporation
  • MORE

The FER market is estimated at USD 570.9 million in 2017 and is projected to reach USD 764.0 million by 2022, at a CAGR of 6.0% between 2017 and 2022. This high growth is fueled by the increasing demand for FERs from end-use industries, such as automotive and building & construction, due to the huge requirement for paints & coatings and adhesives from these industries. This growth is mainly due to the rising GDP, growing disposable income, increasing use of composites instead of conventional materials, and increasing number of expansions and other development activities, globally. Restraints for the FER market includes its complex processing and harmful effects on human health. Curing of epoxy resins is highly exothermic and improper operations might lead to unfavorable situations. In addition, direct contact with these chemicals results in adverse effects in humans such as irritation in lungs, asthma, skin irritation, headaches, eye damage, nausea, dizziness, slurred speech, confusion, and loss of consciousness.

The urethane-modified type is projected to be the fastest-growing segment in the FER market during the forecast period. This growth can be attributed to the widespread use of FER in the automotive and building & construction applications. Superior properties such as improved water resistance, UV resistance, and thermal stability are some of the major reasons for the use of FER in the above-mentioned industries.

Asia-Pacific is projected to be the largest and the fastest-growing market for FER during the forecast period. Large industrial base and increased infrastructural activities are the major drivers for the growth of the FER market in the region. Also, increased industrialization in emerging economies such as Brazil, Indonesia, India, China, and South Korea also drives the FER market growth in the region.

China dominates the FER market in the Asia-Pacific region. Its consumption of FER has grown significantly and is expected to witness further growth in the near future. The high growth of the FER market in China is a result of the growing population, infrastructural development, and rapid urbanization.

The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally.

These Primary Sources have been Divided into Three Categories:

  • By Company Type: Tier 1 - 60%, Tier 2 - 33%, and Tier 3 - 07%
  • By Designation: C Level - 56%, Director Level - 33%, and Others - 11%
  • By Region: Europe - 33%, Asia-Pacific - 25%, North America - 17%, South America - 17%, and the Middle East & Africa - 8%

The report provides profiles of major market players, such as Olin Corporation (U.S.), Hexion (U.S.), Kukdo Chemical (South Korea), Aditya Birla Chemicals (Thailand), Huntsman Corporation (U.S.), and DIC Corporation (Japan). The report also includes competitive strategies adopted by them to strengthen their position in the market.

Research Coverage

The objective of the study is to define, describe, and forecast the market based on various segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the FER market has been segmented based on type, application, and region.

Reasons To Buy The Report

The Report Will Help Market Leaders/New Entrants in this Market in the Following Ways:

  1. This report segments the FER market comprehensively and provides the closest approximations for sizes of all market segments and subsegments across different verticals and regions.
  2. This report will help stakeholders in obtaining an improved understanding of their competitors and gain insights about their businesses. The competitive landscape section includes detailed information about new product developments, expansions, and partnerships adopted by the key players in the FER market.
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FEATURED COMPANIES

  • Aditya Birla Chemicals
  • Conren Limited
  • Epoxonic GmbH
  • Intertronics
  • Loxeal Srl
  • Olin Corporation
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in Flexible Epoxy Resin Market
4.2 Flexible Epoxy Resin Market, By Application
4.3 Flexible Epoxy Resin Market, By Type
4.4 Asia-Pacific Flexible Epoxy Resin Market, By Application and Country
4.5 Flexible Epoxy Resin Market Share, By Region

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increasing Demand From Building & Construction and Automotive Industries
5.1.1.2 Increasing Use of Composites
5.1.2 Restraints
5.1.2.1 Complicated Processing and Health Hazards Associated With the Manufacturing of Flexible Epoxy Resins
5.1.3 Opportunities
5.1.3.1 Rise in Use of Composites and Rapid Urbanization in Emerging Economies
5.1.4 Challenges
5.1.4.1 Stringent Regulatory Consents and Saturated Use in Developed Economies
5.2 Porter’s Five Forces Analysis
5.2.1 Bargaining Power of Buyers
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitutes
5.2.5 Intensity of Competitive Rivalry
5.3 Macroeconomic Indicators
5.3.1 GDP Growth Rate Forecast of Major Economies
5.3.2 Automotive Industry
5.3.3 Construction Industry
5.3.4 Trends and Forecast of Construction Industry in North America
5.3.5 Trends and Forecast of Construction Industry in Europe
5.3.6 Trends and Forecast of Construction Industry in Asia-Pacific

6 Flexible Epoxy Resin Market, By Type
6.1 Introduction
6.2 Urethane-Modified FER
6.3 Rubber-Modified FER
6.4 Dimer Acid-Modified FER

7 Flexible Epoxy Resin Market, By Application
7.1 Introduction
7.2 Paints & Coatings
7.3 Adhesives & Sealants
7.4 Composites
7.5 Others

8 Flexible Epoxy Resin Market, By Region
8.1 Introduction
8.2 Asia-Pacific
8.2.1 China
8.2.2 Japan
8.2.3 South Korea
8.2.4 India
8.2.5 Rest of Asia-Pacific
8.3 North America
8.3.1 U.S.
8.3.2 Canada
8.3.3 Mexico
8.4 Europe
8.4.1 Germany
8.4.2 France
8.4.3 U.K.
8.4.4 Russia
8.4.5 Italy
8.4.6 Rest of Europe
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 UAE
8.5.3 South Africa
8.5.4 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America

9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 New Product Launches
9.3.2 Partnerships
9.3.3 Expansions

10 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
10.1 Olin Corporation
10.2 Hexion Inc.
10.3 Kukdo Chemicals
10.4 Aditya Birla Chemicals
10.5 Huntsman Corporation
10.6 DIC Corporation
10.7 Emerald Performance Material
10.8 Epoxonic GmbH
10.9 Nan Ya Plastic Corporation
10.10 Spolchemie
10.11 Other Players
10.11.1 Atul Chemicals
10.11.2 Cardolite Corporation
10.11.3 Conren Limited
10.11.4 Easy Composites Ltd.
10.11.5 Fong Yong Chemical Co., Ltd.
10.11.6 Intertronics
10.11.7 Jiangsu Sanmu Group Corporation
10.11.8 Leuna-Harze GmbH
10.11.9 Loxeal Srl
10.11.10 Lymtal International Inc.
10.11.11 Mereco Technologies Inc.
10.11.12 Resintech Limited
10.11.13 Resoltech
10.11.14 Sicomin Epoxy Systems
10.11.15 The DOW Chemical Company

*Details Might Not Be Captured in Case of Unlisted Companies

11 Appendix
11.1 Insights From Industry Experts
11.2 Discussion Guide

List of Tables

Table 1 Trends and Forecast of GDP Growth Rates, 2016-2021
Table 2 Motor Vehicle Production, 2015-2016
Table 3 Contribution of Construction Industry to GDP of North America, 2014-2016 (USD Billion)
Table 4 Contribution of Construction Industry to GDP of Europe, 2014-2016 (USD Billion)
Table 5 Contribution of Construction Industry to GDP of Asia-Pacific, 2014-2016 (USD Billion)
Table 6 Flexible Epoxy Resin Market Size, By Type, 2015-2022 (Kiloton)
Table 7 Flexible Epoxy Resin Market Size, By Type, 2015-2022 (USD Million)
Table 8 Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 9 Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 10 Flexible Epoxy Resin Market Size, By Region, 2015-2022 (Kiloton)
Table 11 Flexible Epoxy Resin Market Size, By Region, 2015-2022 (USD Million)
Table 12 Asia-Pacific: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (Kiloton)
Table 13 Asia-Pacific: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (USD Million)
Table 14 Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 15 Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 16 China: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 17 China: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 18 Japan: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 19 Japan: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 20 South Korea: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 21 South Korea: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 22 India: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 23 India: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 24 Rest of Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 25 Rest of Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 26 North America: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (Kiloton)
Table 27 North America: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (USD Million)
Table 28 North America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 29 North America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 30 U.S.: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 31 U.S.: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 32 Canada: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 33 Canada: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 34 Mexico: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 35 Mexico: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 36 Europe: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (Kiloton)
Table 37 Europe: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (USD Million)
Table 38 Europe: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 39 Europe: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 40 Germany: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 41 Germany: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 42 France: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 43 France: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 44 U.K.: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 45 U.K.: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 46 Russia: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 47 Russia: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 48 Italy: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 49 Italy: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 50 Rest of Europe: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 51 Rest of Europe: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 52 Middle East & Africa: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (Kiloton)
Table 53 Middle East & Africa: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (USD Million)
Table 54 Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 55 Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 56 Saudi Arabia: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 57 Saudi Arabia: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 58 UAE: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 59 UAE: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 60 South Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 61 South Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 62 Rest of Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 63 Rest of Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 64 South America: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (Kiloton)
Table 65 South America: Flexible Epoxy Resin Market Size, By Country, 2015-2022 (USD Million)
Table 66 South America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 67 South America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 68 Brazil: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 69 Brazil: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 70 Argentina: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 71 Argentina: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 72 Rest of South America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (Kiloton)
Table 73 Rest of South America: Flexible Epoxy Resin Market Size, By Application, 2015-2022 (USD Million)
Table 74 New Product Launches, 2014-2017
Table 75 Partnerships, 2014-2017
Table 76 Expansions, 2014-2017

List of Figures

Figure 1 Flexible Epoxy Resin Market: Research Methodology
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Flexible Epoxy Resin Market: Data Triangulation
Figure 5 Paints & Coatings Application to Lead the Flexible Epoxy Resin Market Between 2017 and 2022
Figure 6 Urethane-Modified FER to Lead the Flexible Epoxy Resin Market Between 2017 and 2022
Figure 7 Asia-Pacific to Be the Fastest-Growing Market During the Forecast Period
Figure 8 Attractive Opportunities in the Flexible Epoxy Resin Market Between 2017 and 2022
Figure 9 Composites to Be the Second Largest Application of Flexible Epoxy Resin Between 2017 and 2022
Figure 10 Urethane-Modified FER to Lead the Market Between 2017 and 2022
Figure 11 China Was the Largest Market in Asia-Pacific, in 2016
Figure 12 Asia-Pacific Accounted for the Largest Market Share in 2016
Figure 13 Drivers, Restraints, Opportunities, and Challenges in Flexible Epoxy Resin Market
Figure 14 Flexible Epoxy Resin Market: Porter’s Five Forces Analysis
Figure 15 Urethane-Modified FER to Be the Largest Type During the Forecast Period
Figure 16 Paints & Coatings to Be the Largest Application During the Forecast Period
Figure 17 Regional Snapshot: India to Witness the Highest Growth Rate Between 2017 and 2022
Figure 18 Asia-Pacific Market Snapshot: Paints & Coatings Application to Drive the Flexible Epoxy Resin Market
Figure 19 North America Market Snapshot: Paints & Coatings to Be the Largest Application of Flexible Epoxy Resin
Figure 20 Germany to Lead Flexible Epoxy Resin Market in Europe During the Forecast Period
Figure 21 Companies Adopted New Product Launches as the Key Growth Strategy, 2014-2017
Figure 22 Olin Corporation Dominated the Flexible Epoxy Resin Market in 2016
Figure 23 Olin Corporation: Company Snapshot
Figure 24 SWOT Analysis: Olin Corporation
Figure 25 Hexion Inc.: Company Snapshot
Figure 26 SWOT Analysis: Hexion Inc.
Figure 27 Huntsman Corporation: Company Snapshot
Figure 28 SWOT Analysis: Huntsman Corporation
Figure 29 DIC Corporation: Company Snapshot
Figure 30 Nan Ya Plastic Corporation: Company Snapshot

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  • Aditya Birla Chemicals
  • Atul Chemicals
  • Cardolite Corporation
  • Conren Limited
  • The DOW Chemical Company
  • DIC Corporation
  • Easy Composites Ltd.
  • Emerald Performance Material
  • Epoxonic GmbH
  • Fong Yong Chemical Co., Ltd.
  • Hexion Inc.
  • Huntsman Corporation
  • Intertronics
  • Jiangsu Sanmu Group Corporation
  • Kukdo Chemicals
  • Leuna-Harze GmbH
  • Loxeal Srl
  • Lymtal International Inc.
  • Mereco Technologies Inc.
  • Nan Ya Plastic Corporation
  • Olin Corporation
  • Resintech Limited
  • Resoltech
  • Sicomin Epoxy Systems
  • Spolchemie
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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