Global Epoxy Resins Market Growth 2023-2029

Global Epoxy Resins Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Epoxy Resins 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 Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Epoxy Resins market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Epoxy Resins 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 Resins.

The global Epoxy Resins market size is projected to grow from US$ 13380 million in 2022 to US$ 17370 million in 2029; it is expected to grow at a CAGR of 17370 from 2023 to 2029.

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

Market Segmentation:

Segmentation by type
Pure Epoxy Resin Adhesive
Modified Epoxy Resin Adhesive

Segmentation by application
Coating
Electronic
Building
Material
Other

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.
3M (US)
Adhesives Technology (US)
Aditya Birla Chemicals (Thailand)
Air Products and Chemicals (US)
Alchemie. (UK)
Asahi Kaseioration (Japan)
Ashland (US)
Atul (India)
BASF SE (Germany)
Chang Chun Plastics
Ciech (Poland)
Cytec Solvay Group (US)
DICoration (Japan)
Emerald CVC Thermoset Specialties (US)
Epic Resins (US)
Hexion

Key Questions Addressed in this Report

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

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

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

How do Epoxy Resins market opportunities vary by end market size?

How does Epoxy Resins 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.