Global Epoxy Resins Market 2021-2028

According to the publisher, the global epoxy resins market is expected to display a positive trend over the forecasting years 2021-2028, while exhibiting a CAGR of 5.01%.

There has been a growing demand for epoxy resins in the aerospace sector. Also, the demand for paints & coatings has grown significantly in the last few decades. In addition, the advancement in epoxy resin technology has generated enhanced demand for this material. All these factors are directing the market towards growth in the years to come. However, the fluctuations in the prices of raw materials act as a major hindrance in the path of growth. Moreover, health hazards associated with the use of BPA-based products and the availability of alternative products are further hampering the epoxy resins market growth.

REGIONAL OUTLOOK

The global market for epoxy resins spans across the regions of North America, Latin America, the Asia-Pacific, the Middle East and Africa, and Europe.
The Asia-Pacific is the largest region in the global market, and is expected to continue its reign over the forthcoming years. In the last couple of years, it has witnessed significant expansion in electrical and electronics capacity. A majority of the renowned names in the industry are actively participating in expansion plans. The rapid infrastructural development and the availability of skilled labor at low rates are the drivers facilitating the capacity expansions by several big epoxy resins manufacturers in APAC. All these factors are driving the growth of the studied market in the Asia-Pacific.

COMPETITIVE OUTLOOK

The top companies that have been studied in the epoxy resins market are BASF, Huntsman Corporation, Cytec Industries Incorporation (Solvay), Kukdo Chemical Co Ltd, Jubail Chemical Industries Company Limited, 3M Company, Momentive Performance Materials Holdings LLC, DuPont, Sinopec Baling Co, Aditya Birla Chemicals Ltd, Nan Ya Plastics, Chang Chun Plastics Co Ltd, Dow Chemicals, and Clariant AG.
DuPont is a globally known name producing a range of numerous products, such as pharmaceuticals, industrial chemicals, petroleum-based fuels & lubricants, synthetic fiber, and building materials. The company’s operating segments include nutrition & biosciences, electronics & imaging, safety & construction, transportation & industrial, and non-core. It caters to numerous end-user industries, such as aerospace, automotive, apparel & textiles, electronics, building & construction, food & beverage, energy, packaging & printing, healthcare & medical, water management, manufacturing & industrial, home & personal care, and others. DuPont has subsidiaries in around 70 countries across the world, and has manufacturing facilities in about 40 countries.

Frequently Asked Questions about the Global Epoxy Resins Market

What is the estimated value of the Global Epoxy Resins Market?

The Global Epoxy Resins Market was estimated to be valued at $7421.61 million in 2021.

What is the growth rate of the Global Epoxy Resins Market?

The growth rate of the Global Epoxy Resins Market is 5.0%, with an estimated value of $10470.83 million by 2028.

What is the forecasted size of the Global Epoxy Resins Market?

The Global Epoxy Resins Market is estimated to be worth $10470.83 million by 2028.

Who are the key companies in the Global Epoxy Resins Market?

Key companies in the Global Epoxy Resins Market include 3M Company, Aditya Birla Chemicals Ltd, BASF, Chang Chun Plastics Co Ltd, Cytec Industries Incorporation (Solvay), Dupont, Huntsman Corporation, Jubail Chemical Industries Company Limited and Momentive Performance Materials Holdings LLC.

Report Attribute	Details
No. of Pages	206
Published	April 2021
Forecast Period	2021 - 2028
Estimated Market Value ( USD ) in 2021	$ 7421.61 million
Forecasted Market Value ( USD ) by 2028	$ 10470.83 million
Compound Annual Growth Rate	5.0%
Regions Covered	Global

1. 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

List of Tables

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)

List of Figures

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)