Epoxy Resin Market
Global Epoxy Resin Market Size, Share & Trends Analysis Report By Form (Solid and Liquid), By Application (Paints & Coatings, Adhesives & Sealants, Composites, and Others), By End-User Industries (Consumer Goods, Building & Construction, Automotive, Electrical & Electronics, and Others) forecast period (2020-2026)
The epoxy resins market is anticipated to grow at a CAGR of 6.8% during the forecast period. Epoxy resins are widely accepted owing to their properties such as sleek appearance, durable quality, and great protection for the variety of applications. Additionally, a number of industries are now preferring to use epoxy resins as an adhesive in place of screws, bolts, and nuts for the component assembly owing to the epoxy resins' ability to adhere to a wide variety of materials. This is anticipated to significantly drive the shares of the epoxy resins market during the forecast period.
Moreover, increasing use of composites by end-user industries is also expected to significantly drive the growth of the epoxy resins market. However, the volatility experienced in the raw materials will hamper the growth of the epoxy resins market during the forecast period. In addition to this, the adverse health effects caused by the toxic fumes released during the application of epoxy resins is also a major challenge for the adoption of the epoxy resins.
Segmental Outlook
The global epoxy resins market is segmented based on the form, application, and end-user industries. Based on the form, the market is bifurcated into solid and liquid. By the application, the market is sub-segmented into paints & coatings, adhesives & sealants, composites, and others. Further, based on the end-user industries the market is sub-segmented into consumer goods, building & construction, automotive, electrical & electronics, and others.
The paints & coatings segment will be the largest segment by application
The paints & coatings segment is anticipated to hold the largest market share during the forecast period owing to the wide range of applications in epoxy resin in paint & coating products. In coating applications, epoxy resins aid in enhancing several properties of the coating product such as strength, durability, and chemical resistance. In addition to this, industries such as automotive, marine, and aerospace also use epoxy resins infused paints & coatings as a primer for the corrosion protection purpose, which will also provide a considerable growth rate to the segment.
Global Epoxy Resins Market Share by Application, 2020 (%)
Regional Outlooks
The global epoxy resins market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold a major market share in the epoxy resins market during the forecast period. Well-developed consumer goods, automotive, aerospace, and building & construction industry is a major factor for the major market share in the region. In addition, the increasing preference towards non-conventional energy sources is significantly driving the demand for epoxy resins in the region. For instance, as per the American Wind Energy Association, 11 wind energy projects of 1,821 MW became operation in the first quarter of 2020 (which was double the same period last year). Moreover, developers also started construction of 4,124 MW of wind power in the first quarter of 2020.
Moreover, Europe will also hold a significant market share during the forecast period. High disposable income, considerable export of automotive, significant expenditure in renewable energy are some of the major factors contributing to the market in the region.
Global Epoxy resins Market Growth, by Region 2020-2026
Asia-Pacific will augment with the fastest growth rate in the epoxy resins market
Asia-Pacific is anticipated to show the fastest growth rate with a major market share in the epoxy resins market owing to the stronghold of economies such as China, India, Japan, South Korea, Taiwan, and Vietnam on the electronics industry. These economies have a large number of production plants for electrical & electronics, automotive, and exports all across the globe including emerging economies of Africa & the Middle East, and Latin America. Moreover, the fast-developing infrastructure of economies such as India and China are also expected to drive the shares of the epoxy resins market in the region.
Market Players Outlook
The key players of the epoxy resins market include 3M Company, Aditya Birla Group, Olin Corp., Sika AG, BASF SE, Sinopec, Huntsman International LLC, DuPont de Nemours, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including merger & acquisition, collaborations with government, and new product launches to stay competitive in the market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global epoxy resins market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Business Functions and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. 3M Company
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. BASF SE
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Olin Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Sika AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. DuPont de Nemours, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Epoxy Resin Market by Physical Form
5.1.1. Solid
5.1.2. Liquid
5.2. Global Epoxy Resin Market by Application
5.2.1. Paints & Coatings
5.2.2. Adhesives & Sealants
5.2.3. Composites
5.2.4. Others
5.3. Global Epoxy Resin Market by End-User Industries
5.3.1. Consumer Goods
5.3.2. Building &Construction
5.3.3. Automotive
5.3.4. Electrical & Electronics
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Adhesives Technology Corp. (ATC)
7.3. Aditya Birla Management Corp. Pvt. Ltd.
7.4. Atul Ltd.
7.5. BASF SE
7.6. Chang Chun Group
7.7. China Petrochemical Corp. (Sinopec)
7.8. Covestro AG
7.9. Cytec Industries Inc.
7.10. Daicel Corp.
7.11. DuPont de Nemours, Inc.
7.12. Hexion Inc.
7.13. Huntsman International LLC
7.14. KPL International Ltd.
7.15. KUKDO Chemical (Kunshan) Co., Ltd.
7.16. Nama Chemicals Company SJSC
7.17. Olin Corp.
7.18. Sika AG
7.19. Spolchemie (Spolek pro chemickou a hutnívýrobu, akciováspolecnost)
7.20. Total Plastics, Inc.
1. GLOBAL EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY PHYSICAL FORM, 2019-2026 ($ MILLION)
2. GLOBAL SOLID MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL LIQUID MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
5. GLOBAL PAINTS & COATINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL ADHESIVES & SEALANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL COMPOSITES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRIES, 2019-2026 ($ MILLION)
10. GLOBAL CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL BUILDING & CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL ELECTRICAL & ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL OTHERS END-USER INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
16. NORTH AMERICA EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. NORTH AMERICAN EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY PHYSICAL FORM, 2019-2026 ($ MILLION)
18. NORTH AMERICAN EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
19. NORTH AMERICAN EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRIES, 2019-2026 ($ MILLION)
20. EUROPE EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
21. EUROPE EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY PHYSICAL FORM, 2019-2026 ($ MILLION)
22. EUROPE EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
23. EUROPE EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRIES, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY PHYSICAL FORM, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRIES, 2019-2026 ($ MILLION)
28. REST OF THE WORLD EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY PHYSICAL FORM, 2019-2026 ($ MILLION)
29. REST OF THE WORLD EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
30. REST OF THE WORLD EPOXY RESIN MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRIES, 2019-2026 ($ MILLION)
1. GLOBAL EPOXY RESIN MARKET SHARE BY PHYSICAL FORM, 2019 VS 2026 (%)
2. GLOBAL EPOXY RESIN MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. GLOBAL EPOXY RESIN MARKET SHARE BY END-USER INDUSTRIES, 2019 VS 2026 (%)
4. GLOBAL EPOXY RESIN MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
7. UK EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD EPOXY RESIN MARKET SIZE, 2019-2026 ($ MILLION)
