Global Epoxy Resin Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Epoxy refers to any of the basic components or cured end products of epoxy resins, as well as a colloquial name for the epoxide functional group. Epoxy resins, also known as polyepoxides, are a class of reactive prepolymers and polymers which contain epoxide groups. Epoxy resins may be reacted (cross-linked) either with themselves through catalytic homopolymerisation, or with a wide range of co-reactants including polyfunctional amines, acids (and acid anhydrides), phenols, alcohols and thiols (usually called mercaptans). These co-reactants are often referred to as hardeners or curatives, and the cross-linking reaction is commonly referred to as curing. Reaction of polyepoxides with themselves or with polyfunctional hardeners forms a thermosetting polymer, often with favorable mechanical properties and high thermal and chemical resistance. Epoxy has a wide range of applications, including metal coatings, use in electronics/electrical components/LEDs, high tension electrical insulators, paint brush manufacturing, fiber-reinforced plastic materials, and adhesives for structural and other purposes.
According to our (Global Info Research) latest study, the global Epoxy Resin market size was valued at US$ 10560 million in 2023 and is forecast to a readjusted size of USD 15450 million by 2030 with a CAGR of 5.7% during review period.
Olin, Hexion and Nan Ya Plastics are the top 3 companies in global epoxy resin market and account for about 30% of total market share. Geographically speaking, China holds about 45% of global production market share, followed by South Korea with about 15% share. In terms of type, DGBEA segment holds an important share of about 70%. In terms of application, paints and coatings segment accounts for about 40% of the total share.
This report is a detailed and comprehensive analysis for global Epoxy Resin market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Epoxy Resin market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Epoxy Resin
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Epoxy Resin market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Olin, Hexion, Nan Ya Plastics, Sanmu Group, Kukdo Chemical, Chang Chun Group, Huntsman, Bluestar, Jiangsu Yangnong Kumho Chemical, Sinopec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Epoxy Resin market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
DGBEA (Bisphenol A and ECH)
DGBEF (Bisphenol F and ECH)
Novolac (Formaldehyde and Phenols)
Aliphatic (Aliphatic Alcohols)
Glycidylamine (Aromatic Amines and ECH)
Others
Market segment by Application
Paints and Coatings
Adhesives
Composites
Electrical and Electronics
Others
Major players covered
Olin
Hexion
Nan Ya Plastics
Sanmu Group
Kukdo Chemical
Chang Chun Group
Huntsman
Bluestar
Jiangsu Yangnong Kumho Chemical
Sinopec
Epoxy Base Electronic Material
Kingboard
Kumho Petrochemical
Dalian Qihua
Leuna Harze
Spolchemie
Aditya Birla Chemicals
Atul Ltd
Sir Industriale
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Epoxy Resin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Epoxy Resin, with price, sales quantity, revenue, and global market share of Epoxy Resin from 2019 to 2024.
Chapter 3, the Epoxy Resin competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Epoxy Resin breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Epoxy Resin market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Epoxy Resin.
Chapter 14 and 15, to describe Epoxy Resin sales channel, distributors, customers, research findings and conclusion.