Global Epoxy Resin Market Research Report 2022

Global Epoxy Resin Market Research Report 2022

Summary

Market Analysis and Insights: Global Epoxy Resin Market
Due to the COVID-19 pandemic, the global Epoxy Resin market size is estimated to be worth US$ 10262.80 million in 2022 and is forecast to a readjusted size of US$ 14389.14 million by 2028 with a CAGR of 5.79% during the review period. Fully considering the economic change by this health crisis, DGBEA (Bisphenol A and ECH) accounting for 67.81% of the Epoxy Resin global market in 2021, is projected to value US$ 9310.02 million by 2028, growing at a revised 5.10% CAGR in the post-COVID-19 period. While Paints and Coatings segment is altered to a 4.27 % CAGR throughout this forecast period.
North America Epoxy Resin market is estimated at US$ 2028.40 million in 2021, while Europe is forecast to reach US$ 1541.71 million by 2028. The proportion of the North America is 14.82% in 2021, while Europe percentage is 10.92%, and it is predicted that Europe share will reach 10.71% in 2028, trailing a CAGR of 4.71 % through the analysis period. As for the Asia, the notable markets are China and South Korea, CAGR is 6.52 % and 5.02 % respectively for the next 6-year period.
The global major manufacturers of Epoxy Resin include Olin, Hexion, Nan Ya Plastics, Sanmu Group, Kukdo Chemical, Chang Chun Group, Huntsman, Bluestar, and Jiangsu Yangnong Kumho Chemical, etc. In terms of revenue, the global 3 largest players have a 32.20% market share of Epoxy Resin in 2021.
Global Epoxy Resin Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Epoxy Resin Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
Olin
Hexion
Nan Ya Plastics
Sanmu Group
Kukdo Chemical
Chang Chun Group
Huntsman
Bluestar
Jiangsu Yangnong Kumho Chemical
Sinopec
Epoxy Base Electronic Material
Kingboard
Dalian Qihua
Aditya Birla Chemicals
Atul Ltd
Sir Industriale
BASF
Resoltech
Zhuzhou Spring Polymer
Polyset

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

Segment by Application
Paints and Coatings
Adhesives
Composites
Electrical and Electronics
Others

Production by Region
China
South Korea
China Taiwan
North America
Europe

Consumption by Region
North America
U.S.
Canada

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Mexico
Brazil
Rest of South America