Increasing adoption of epoxy resins from various end use industries such as paint and coatings owing to rising number of construction activities globally is a key factor driving market revenue growth.
Market Size - USD 8.30 Billion in 2020, Market Growth - CAGR of 5.1%, Market Trends - Rising investments by major companies in research of bio-based materials to manufacture epoxy resins.
The global epoxy resins market size is expected to reach USD 12.44 Billion in 2028, and register a CAGR of 5.1% during the forecast period. Increasing use of epoxy resins for application in wind turbines and growing wind energy capacity expansion projects are some of the major factors expected to drive revenue growth of the global epoxy resins market.
Rising awareness regarding properties of epoxy resins such as excellent electrical properties, low shrinkage, and good adhesion to several metals and resistance to moisture, thermal and mechanical shock, excellent viscosity, required epoxide equivalent weight, and appropriate molecular weight is another major factor supporting market revenue growth.
Market Size - USD 8.30 Billion in 2020, Market Growth - CAGR of 5.1%, Market Trends - Rising investments by major companies in research of bio-based materials to manufacture epoxy resins.
The global epoxy resins market size is expected to reach USD 12.44 Billion in 2028, and register a CAGR of 5.1% during the forecast period. Increasing use of epoxy resins for application in wind turbines and growing wind energy capacity expansion projects are some of the major factors expected to drive revenue growth of the global epoxy resins market.
Rising awareness regarding properties of epoxy resins such as excellent electrical properties, low shrinkage, and good adhesion to several metals and resistance to moisture, thermal and mechanical shock, excellent viscosity, required epoxide equivalent weight, and appropriate molecular weight is another major factor supporting market revenue growth.
Some Key Findings From the Report:
- Among the application segments, the composites segment accounted for the largest revenue share of 31.6% in the global epoxy resins market in 2020.
- The Asia Pacific epoxy resins market size was USD 5.23 Billion in 2020, owing to constantly increasing demand for epoxy resins from various end use industries such as automotive, consumer goods, building and construction, marine, and wind power, among others.
- Key players profiled in the report include Olin Corporation, Hexion Inc., Huntsman Corporation, BASF SE, 3M Company, Aditya Birla Chemicals, Sinopec (China Petroleum & Chemical Corporation), Covestro AG, Solvay SA, and Evonik Industries AG. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In 2017, BASF SE partnered with Gustav Grolman GmbH & Co. KG to strengthen the marketing of amine-based curing agents for the epoxy resins.
For the purpose of this report, the global epoxy resins market is segmented on the basis of type, form, application, end use industry, and region:
Type Outlook
- Novolac
- Aliphatic
- Hardener
- Glycidylamines
- DGBEF
- DGBEA
Form Outlook
- Solid Epoxy Resin
- Liquid Epoxy Resin
- Solution Epoxy Resin
Application Outlook
- Adhesive and Sealants
- Paints and Coatings
- Composites
- Others
End Use Industry Outlook
- Automotive
- Consumer Goods
- Aerospace
- Building and Construction
- General Industrial
- Marine
- Wind Power
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Epoxy Resins Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Epoxy Resins Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. Epoxy Resins Market Segmentation & Impact Analysis
4.1. Epoxy Resins Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing application of composites
4.2.2.2. High demand from end-user
4.2.3. Market restraints analysis
4.2.3.1. Volatile raw material price
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Epoxy Resins Market, By Type Insights & Trends
5.1. Type Dynamics & Market Share, 2019 & 2027
5.2. Novolac
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3. Aliphatic
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.4. Hardener
5.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.5. Glycidylamine
5.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.6. Diglycidil Ether of Bisphenol-F (DGBEF)
5.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.7. Diglycidil Ether of Bisphenol-A (DGBEA)
5.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 6. Epoxy Resins Market, By Form Insights & Trends
6.1. Form Dynamics & Market Share, 2019 & 2027
6.2. Solid Epoxy Resin
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3. Liquid Epoxy Resin
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.4. Solution Epoxy Resin
6.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 7. Epoxy Resins Market, By Application Insights & Trends
7.1. Application Process Dynamics & Market Share, 2019 & 2027
7.2. Adhesive and Sealants
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3. Paints and Coatings
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4. Composites
7.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5. Others
7.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 8. Epoxy Resins Market, By End Users Insights & Trends
8.1. End Users Dynamics & Market Share, 2019 & 2027
8.2. Automotive
8.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3. Consumer Goods
8.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4. Aerospace
8.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5. Building and Construction
8.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6. General Industrial
8.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.7. Marine
8.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.8. Wind Power
8.8.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.8.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 9. Epoxy Resins Market Regional Outlook
9.1. Epoxy Resins Market share By Region, 2019 & 2027
9.2. North America
9.2.1. North America Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.2.2. North America Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.3. North America Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.4. North America Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.5. North America Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.6. U.S.
9.2.6.1. U.S. Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.2.6.2. U.S. Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.6.3. U.S. Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.6.4. U.S. Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.2.6.5. U.S. Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.3. Europe
9.3.1. Europe Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.2. Europe Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.3. Europe Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.4. Europe Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.5. Europe Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.6. U.K.
9.3.6.1. U.K. Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.6.2. U.K. Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.6.3. U.K. Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.6.4. U.K. Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.6.5. U.K. Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.7. France
9.3.7.1. France Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.7.2. France Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.7.3. France Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.7.4. France Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.3.7.5. France Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.4. Asia-Pacific
9.4.1. Asia-Pacific Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.2. Asia-Pacific Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.3. Asia-Pacific Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.4. Asia-Pacific Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.5. Asia-Pacific Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.6. China
9.4.6.1. China Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.6.2. China Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.6.3. China Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.6.4. China Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.6.5. China Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.7. India
9.4.7.1. India Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.7.2. India Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.7.3. India Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.7.4. India Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.7.5. India Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.8. Japan
9.4.8.1. Japan Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.8.2. Japan Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.8.3. Japan Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.8.4. Japan Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.4.8.5. Japan Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.5. Middle East and Africa
9.5.1. Middle East and Africa Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.5.2. Middle East and Africa Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.5.3. Middle East and Africa Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.5.4. Middle East and Africa Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.5.5. Middle East and Africa Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.6. Latin America
9.6.1. Latin America Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.6.2. Latin America Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.3. Latin America Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.4. Latin America Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.5. Latin America Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.6. Brazil
9.6.6.1. Brazil Epoxy Resins Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.6.6.2. Brazil Epoxy Resins Market estimates and forecast By Type, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.6.3. Brazil Epoxy Resins Market estimates and forecast by Form, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.6.4. Brazil Epoxy Resins Market estimates and forecast by Application, 2016 -2027, (USD Billion) (Kilo Tons)
9.6.6.5. Brazil Epoxy Resins Market estimates and forecast By End Users, 2016 -2027, (USD Billion) (Kilo Tons)Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor LandscapeChapter 11. Company Profiles
11.1. Olin Corporation
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Hexion Inc.
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Huntsman Corporation
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. BASF SE
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. 3M Company
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. Aditya Birla Chemicals
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Sinopec Corporation
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. Covestro AG
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Solvay SA
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. Evonik Industries AG
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives
Companies Mentioned
- Olin Corporation
- Hexion Inc.
- Huntsman Corporation
- BASF SE
- 3M Company
- Aditya Birla Chemicals
- Sinopec Corporation
- Covestro AG
- Solvay SA
- Evonik Industries AG
