North America Epoxy Resins Market Forecast 2022-2030
KEY FINDINGS
The North America epoxy resins market growth is estimated to rise with a CAGR of 5.99% during the forecast period, 2022-2030. The surging adoption of epoxy resins in the automotive and construction industry and the growing demand for other end-user applications are propelling the market growth.
MARKET INSIGHTS
The North America epoxy resins market growth is evaluated by the analysis of Canada and the United States. Canada is witnessing increased demand for epoxy resins for applications like constructions, coatings, adhesives, paints, and wind turbines. Demand for improved efficiency and rapid technological advancement in all the applications increase the use of epoxy resins in the country.
Additionally, the construction sector is one of the most important drivers of the Canadian economy. Canada is widely recognized as one of the world's largest commercial, residential, infrastructural, and technological development markets.
Moreover, infrastructure and construction have undergone tremendous growth in the country over the decades. Over 6,500 projects are supported through the Infrastructure Canada project to build and repair thousands of kilometers of highways and expressways across the country. As a result, requirements for epoxy resins are also surging nationally, contributing to the market growth.
COMPETITIVE INSIGHTS
Some of the key market players include 3M Company, Clariant AG, Dupont, Momentive Performance Materials Holdings LLC, Jubail Chemical Industries Company Limited, etc.
Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation cater to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Parent Market Analysis - Resins Market
- 3.2. Development Of Epoxy Resins
- 3.3. Key Drivers
- 3.3.1. Developments In The Wind Energy Market
- 3.3.2. Rising Demand For Epoxy Resins In The Aerospace Industry
- 3.3.3. Growing Demand For Paints And Coatings
- 3.3.4. Growing Demand For Modified Epoxy Resins
- 3.4. Key Restraints
- 3.4.1. Awareness Regarding Health Hazards Associated With Bpa-based Products
- 3.4.2. Growing Interest In Alternate Resins
- 3.4.3. Fluctuating Raw Material Prices
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Epoxy Resins Market
- 4.2. Key Market Trends
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 5. Market By Component
- 5.1. Epoxies
- 5.2. Hardeners
- 6. Market By Raw Material
- 6.1. Dgbea (Bisphenol A & Ech)
- 6.2. Dgbef (Bisphenol F & Ech)
- 6.3. Novolac (Formaldehyde & Phenols)
- 6.4. Aliphatic (Aliphatic Alcohols)
- 6.5. Glycidyl Amine (Aromatic Amines & Ech)
- 6.6. Other Raw Materials
- 7. Market By Application
- 7.1. Paints & Coatings
- 7.2. Electrical & Electronics
- 7.3. Construction
- 7.4. Adhesives
- 7.5. Wind Turbine
- 7.6. Composites
- 7.7. Other Applications
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. Key Growth Enablers
- 8.1.3. Key Challenges
- 8.1.4. Key Players
- 8.1.5. Country Analysis
- 8.1.5.1. United States
- 8.1.5.2. Canada
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships, Contracts/Agreements & Collaborations
- 9.1.4. Business Expansions
- 9.2. Company Profiles
- 9.2.1. 3m Company
- 9.2.2. Aditya Birla Chemicals Ltd
- 9.2.3. Basf
- 9.2.4. Chang Chun Plastics Co Ltd
- 9.2.5. Clariant Ag
- 9.2.6. Cytec Industries Incorporation (Solvay)
- 9.2.7. Dow Chemicals
- 9.2.8. Dupont
- 9.2.9. Huntsman Corporation
- 9.2.10. Jubail Chemical Industries Company Limited
- 9.2.11. Kukdo Chemical Co Ltd
- 9.2.12. Momentive Performance Materials Holdings Llc
- 9.2.13. Nan Ya Plastics
- 9.2.14. Sinopec Baling Co
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