Global Epoxy Phenol Novolac Market Growth 2023-2029

Global Epoxy Phenol Novolac Market Growth 2023-2029

Epoxy phenol novolac (EPN) resins contain more than two epoxy groups per molecule and are therefore described as multifunctional epoxy resins. In other words they are polyepoxides obtained by reacting a phenolic novolac resin with epichlorohydrin. When cured, they provide a high cross-link density due to the increased epoxy functionality. Typically, EPN resins are used in high temperature resistant adhesives, corrosion resistant marine coatings, maintenance coatings, industrial coatings, tank linings, pipe coatings, primers in automotive, coil & appliances, manufacturing of epoxy vinyl esters, etc.

LPI (LP Information)' newest research report, the “Epoxy Phenol Novolac Industry Forecast” looks at past sales and reviews total world Epoxy Phenol Novolac sales in 2022, providing a comprehensive analysis by region and market sector of projected Epoxy Phenol Novolac sales for 2023 through 2029. With Epoxy Phenol Novolac sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Epoxy Phenol Novolac industry.

This Insight Report provides a comprehensive analysis of the global Epoxy Phenol Novolac landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Epoxy Phenol Novolac portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Epoxy Phenol Novolac market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Epoxy Phenol Novolac and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Epoxy Phenol Novolac.

The global Epoxy Phenol Novolac market size is projected to grow from US$ 225.4 million in 2022 to US$ 298.3 million in 2029; it is expected to grow at a CAGR of 298.3 from 2023 to 2029.

Global key players of epoxy phenol novolac include Huntsman, Olin, Aditya Birla Group, NanYa Plastics, DIC, etc. The top five players hold a share about 68%. China and North America are the two largest producers, both have a share about 24%, followed by Europe, with share 23%. The largest market is Asia-Pacific, with a share about 48%, followed by North America and Europe, with share 29% and 17%, separately.

This report presents a comprehensive overview, market shares, and growth opportunities of Epoxy Phenol Novolac market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pure Epoxy Phenol Novolac

Epoxy Phenol Novolac Solution

Segmentation by application

Adhesives

Protective Coatings

Composite Materials

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Huntsman

Olin

Hexion

NanYa Plastics

Kukdo Chemical Industry

Chang Chun Group

SanMu Group

Aditya Birla Group

DIC

Shengquan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Epoxy Phenol Novolac market?

What factors are driving Epoxy Phenol Novolac market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Epoxy Phenol Novolac market opportunities vary by end market size?

How does Epoxy Phenol Novolac break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.