Epoxy Resin Market Research Report - Global Forecast till 2030

Epoxy Resin Market: Information By Type (DGBEA, Novolac, DGBEF, Aliphatic, Glycidylamine, Others), By Technology (Solvent Cut Epoxy, Liquid Epoxy, Waterborne Epoxy, Others), By Application (Composites, Paints & Coatings, Grouts & Mortars, Adhesives, Electronic Encapsulation) and By End-Use (Aerospace, Automotive & Transportation, Building & Construction, Electrical & Electronics, Marine) - Forecast till 2030

ID: MRFR/CnM/1204-CR | February 2021 | Region: Global | 188 Pages         

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 27

1.1.1 GLOBAL EPOXY RESIN MARKET, BY REGION 28

2 MARKET INTRODUCTION

2.1 DEFINITION 29

2.2 Scope Of The Study 29

2.3 MARKET STRUCTURE 30

3 MARKET INSIGHTS

4 RESEARCH METHODOLOGY

4.1 RESEARCH PROCESS 34

4.2 PRIMARY RESEARCH 35

4.3 SECONDARY RESEARCH 36

4.4 MARKET SIZE ESTIMATION 37

4.5 FORECAST MODEL 38

4.6 List Of Assumptions 39

5 MARKET DYNAMICS

5.1 INTRODUCTION 40

5.2 DRIVERS 41

5.2.1 Increasing Demand In The Paints & Coatings Industry 41

5.2.2 Growing Demand For Epoxy-Based Composite As A Lightweight Material In THE Automotive Industry 42

5.2.3 INCREASING Application In THE AEROSPACE Industry 44

5.2.4 DRIVERS IMPACT ANALYSIS 46

5.3 RESTRAINTS 47

5.3.1 Fluctuating Raw Material Prices 47

5.3.2 RESTRAINTS IMPACT ANALYSIS 47

5.4 OPPORTUNITIES 49

5.4.1 Growing Construction Industry In The Emerging Countries Of Asia-Pacific And Middle East & Africa 49

5.4.2 Increasing R&D To Produce Bio-Based Epoxy Resin As A Substitute Of Petro-Based Epoxy Resin 50

5.5 CHALLENGES 51

5.5.1 Growing Popularity Of Alternative Resin 51

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS 52

6.1.1 Raw Materials Suppliers 53

6.1.2 Epoxy Resin Producers 53

6.1.3 Distribution Channel 53

6.1.4 End-Use Industries 53

6.2 PORTER’S FIVE FORCES MODEL 54

6.2.1 Threat Of New Entrants 55

6.2.2 Intensity Of Competitive Rivalry 55

6.2.3 Threat Of Substitutes 55

6.2.4 Bargaining Power Of Suppliers 55

6.2.5 Bargaining Power Of Buyers 56

6.3 Pricing Analysis (2015–2020) 56

6.4 Trade Analysis 57

6.5 Global Supply/Demand Of Epoxy Resin 58

6.6 Regulatory Framework 58

6.7 Production Cost Analysis 59

7 GLOBAL EPOXY RESIN MARKET, BY TYPE

7.1 OVERVIEW 61

7.2 DGBEA 64

7.3 DGBEF 66

7.4 NOVOLAC 67

7.5 ALIPHATIC 69

7.6 Glycidylamine 71

7.7 OTHERS 72

8 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY

8.1 OVERVIEW 73

8.2 Liquid Epoxy 76

8.3 Waterborne Epoxy 77

8.4 Solvent Cut Epoxy 79

8.5 Others 81

9 GLOBAL EPOXY RESIN MARKET, BY Application

9.1 OVERVIEW 82

9.2 Paints & Coatings 85

9.2.1 Paints & Coatings: MARKET ESTIMATES & FORECAST, BY Application, 2020–2025 85

9.2.2 Paints & Coatings: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 86

9.2.3 Paints & Coatings: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 86

9.2.3.1 Floor Coating 88

9.2.3.2 Insulation Material 89

9.2.3.2.1 Others 90

9.3 Adhesives 91

9.4 Composites 92

9.4.1.1 Aircraft 94

9.4.1.2 Automobile 95

9.4.1.3 Microelectronic 96

9.4.1.4 Wind Turbine 97

9.4.1.5 Others 98

9.5 Electronic Encapsulation 99

9.6 Grouts & Mortars 100

9.7 Others 101

10 GLOBAL EPOXY RESIN MARKET, BY End-Use

10.1 OVERVIEW 103

10.2 Building & Construction 106

10.3 Automotive & Transportation 108

10.4 Electrical & Electronics 109

10.5 Aerospace 111

10.6 Marine 113

10.7 OTHERS 114

11 GLOBAL EPOXY RESIN MARKET, BY REGION

11.1 OVERVIEW 116

11.2 NORTH AMERICA 119

11.2.1 US 126

11.2.2 CANADA 131

11.3 EUROPE 138

11.3.1 Germany 145

11.3.2 UK 152

11.3.3 FRANCE 158

11.3.4 SPAIN 165

11.3.5 ITALY 171

11.3.6 RUSSIA 177

11.3.7 THE NETHERLANDS 183

11.3.8 BELGIUM 190

11.3.9 POLAND 197

11.3.10 REST OF EUROPE 204

11.4 ASIA-PACIFIC 212

11.4.1 CHINA 219

11.4.2 JAPAN 225

11.4.3 INDIA 231

11.4.4 AUSTRALIA & NEW ZEALAND 238

11.4.5 SOUTH KOREA 245

11.4.6 THAILAND 252

11.4.7 MALAYSIA 259

11.4.8 INDONESIA 265

11.4.9 REST OF ASIA-PACIFIC 272

11.5 MIDDLE EAST & AFRICA 280

11.5.1 SAUDI ARABIA 287

11.5.2 UAE 293

11.5.3 ISRAEL 299

11.5.4 TURKEY 304

11.5.5 REST OF MIDDLE EAST & AFRICA 310

11.6 LATIN AMERICA 319

11.6.1 BRAZIL 326

11.6.2 MEXICO 332

11.6.3 ARGENTINA 338

11.6.4 REST OF LATIN AMERICA 343

12 COMPETITIVE LANDSCAPE

12.1 COMPETITIVE OVERVIEW 349

13 COMPANY PROFILES

13.1 Olin Corporation (Olin) 350

13.1.1 COMPANY OVERVIEW 350

13.1.2 FINANCIAL OVERVIEW 351

13.1.3 PRODUCTS OFFERed 352

13.1.4 KEY DEVELOPMENTS 352

13.1.5 SWOT ANALYSIS 353

13.1.6 KEY STRATEGIES 353

13.2 Aditya Birla Chemicals 354

13.2.1 COMPANY OVERVIEW 354

13.2.2 FINANCIAL OVERVIEW 355

13.2.3 PRODUCTS OFFERed 356

13.2.4 KEY DEVELOPMENTS 356

13.2.5 SWOT ANALYSIS 357

13.2.6 KEY STRATEGIES 357

13.3 Kolon Industries, Inc 358

13.3.1 COMPANY OVERVIEW 358

13.3.2 FINANCIAL OVERVIEW 358

13.3.3 PRODUCTS OFFERed 359

13.3.4 KEY DEVELOPMENTS 359

13.3.5 SWOT ANALYSIS 360

13.3.6 KEY STRATEGIES 360

13.4 Atul Ltd 361

13.4.1 COMPANY OVERVIEW 361

13.4.2 FINANCIAL OVERVIEW 362

13.4.3 PRODUCTS OFFERed 363

13.4.4 KEY DEVELOPMENTS 363

13.4.5 SWOT ANALYSIS 364

13.4.6 KEY STRATEGIES 364

13.5 Ciech S.A. 365

13.5.1 COMPANY OVERVIEW 365

13.5.2 FINANCIAL OVERVIEW 366

13.5.3 PRODUCTS OFFERed 366

13.5.4 KEY DEVELOPMENTS 367

13.5.5 SWOT ANALYSIS 367

13.5.6 KEY STRATEGIES 367

13.6 Huntsman International LLC 368

13.6.1 COMPANY OVERVIEW 368

13.6.2 FINANCIAL OVERVIEW 369

13.6.3 PRODUCTS OFFERed 370

13.6.4 KEY DEVELOPMENTS 370

13.6.5 SWOT ANALYSIS 371

13.6.6 KEY STRATEGIES 371

13.7 Spolchemie 372

13.7.1 COMPANY OVERVIEW 372

13.7.2 FINANCIAL OVERVIEW 372

13.7.3 PRODUCTS OFFERed 372

13.7.4 KEY DEVELOPMENTS 372

13.7.5 SWOT ANALYSIS 373

13.7.6 KEY STRATEGIES 373

13.8 Nan Ya Plastics Corporation 374

13.8.1 COMPANY OVERVIEW 374

13.8.2 FINANCIAL OVERVIEW 374

13.8.3 PRODUCTS OFFERed 375

13.8.4 KEY DEVELOPMENTS 375

13.8.5 SWOT ANALYSIS 376

13.8.6 KEY STRATEGIES 376

13.9 China Petrochemical Corporation (Sinopec Corporation) 377

13.9.1 COMPANY OVERVIEW 377

13.9.2 FINANCIAL OVERVIEW 378

13.9.3 PRODUCTS OFFERed 379

13.9.4 KEY DEVELOPMENTS 379

13.9.5 SWOT ANALYSIS 380

13.9.6 KEY STRATEGIES 380

13.10 Hexion 381

13.10.1 COMPANY OVERVIEW 381

13.10.2 FINANCIAL OVERVIEW 381

13.10.3 PRODUCTS OFFERed 382

13.10.4 KEY DEVELOPMENTS 382

13.10.5 SWOT ANALYSIS 383

13.10.6 KEY STRATEGIES 383

13.11 Kukdo Chemical Co., Ltd 384

13.11.1 COMPANY OVERVIEW 384

13.11.2 FINANCIAL OVERVIEW 384

13.11.3 PRODUCTS OFFERed 385

13.11.4 KEY DEVELOPMENTS 385

13.11.5 SWOT ANALYSIS 386

13.11.6 KEY STRATEGIES 386

13.12 Chang Chun Group 387

13.12.1 COMPANY OVERVIEW 387

13.12.2 FINANCIAL OVERVIEW 387

13.12.3 PRODUCTS OFFERed 387

13.12.4 KEY DEVELOPMENTS 387

13.12.5 SWOT ANALYSIS 388

13.12.6 KEY STRATEGIES 388

13.13 Macro Polymers 389

13.13.1 COMPANY OVERVIEW 389

13.13.2 FINANCIAL OVERVIEW 389

13.13.3 PRODUCTS OFFERed 389

13.13.4 KEY DEVELOPMENTS 389

13.13.5 SWOT ANALYSIS 390

13.13.6 KEY STRATEGIES 390

13.14 DOW 391

13.14.1 COMPANY OVERVIEW 391

13.14.2 FINANCIAL OVERVIEW 392

13.14.3 PRODUCTS OFFERed 392

13.14.4 KEY DEVELOPMENTS 393

13.14.5 SWOT ANALYSIS 394

13.14.6 KEY STRATEGIES 394

14 Conclusion

15 LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 39

TABLE 2 GLOBAL EPOXY RESIN MARKET PRICING (USD/TON) (2015–2020) 56

TABLE 3 EPOXY RESIN IMPORT VOLUME DATA, BY MAJOR COUNTRIES, TONS 57

TABLE 4 EPOXY RESIN EXPORT VOLUME DATA, BY MAJOR COUNTRIES, TONS 57

TABLE 5 EPOXY RESIN: DEMAND OF EPOXY RESIN, THOUSAND TONS 58

TABLE 6 EPOXY RESIN: SUPPLY OF EPOXY RESIN, THOUSAND TONS 58

TABLE 7 LIQUID EPOXY RESIN PRODUCTION COST ANALYSIS 59

TABLE 8 GLOBAL EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

TABLE 9 GLOBAL EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 63

TABLE 10 DGBEA: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 64

TABLE 11 DGBEA: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 64

TABLE 12 DGBEF : MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 66

TABLE 13 DGBEF: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 66

TABLE 14 NOVOLAC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2025 (USD MILLION) 67

TABLE 15 NOVOLAC: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2025 (THOUSAND TONS) 67

TABLE 16 ALIPHATIC : MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 69

TABLE 17 ALIPHATIC : MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 69

TABLE 18 GLYCIDYLAMINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 71

TABLE 19 GLYCIDYLAMINE : MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 71

TABLE 20 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 72

TABLE 21 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 72

TABLE 22 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY, 2017-2024 (USD MILLION) 74

TABLE 23 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY, 2017-2024 (KILO TONS) 75

TABLE 24 LIQUID EPOXY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 76

TABLE 25 LIQUID EPOXY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 76

TABLE 26 WATERBORNE EPOXY:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 77

TABLE 27 WATERBORNE EPOXY:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 77

TABLE 28 SOLVENT CUT EPOXY:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 79

TABLE 29 SOLVENT CUT EPOXY:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 79

TABLE 30 OTHERS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 81

TABLE 31 OTHERS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 81

TABLE 32 GLOBAL EPOXY RESIN MARKET, BY APPLICATION, 2017-2024 (USD MILLION) 83

TABLE 33 GLOBAL EPOXY RESIN MARKET, BY APPLICATION, 2017-2024 (KILO TONS) 84

TABLE 34 GLOBAL PAINTS & COATINGS MARKET, BY APPLICATION, 2017-2024 (USD MILLION) 85

TABLE 35 GLOBAL PAINTS & COATINGS MARKET, BY APPLICATION, 2017-2024 (THOUSAND TONS) 85

TABLE 36 PAINTS & COATINGS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 86

TABLE 37 PAINTS & COATINGS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 86

TABLE 38 FLOOR COATING: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 88

TABLE 39 FLOOR COATING: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 88

TABLE 40 INSULATION MATERIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 89

TABLE 41 INSULATION MATERIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 89

TABLE 42 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 90

TABLE 43 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 90

TABLE 44 ADHESIVES:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 91

TABLE 45 ADHESIVES:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 91

TABLE 46 GLOBAL COMPOSITES MARKET, BY APPLICATION, 2017-2024 (USD MILLION) 92

TABLE 47 GLOBAL COMPOSITES MARKET, BY APPLICATION, 2017-2024 (THOUSAND TONS) 92

TABLE 48 COMPOSITES:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 93

TABLE 49 COMPOSITES:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 93

TABLE 50 AIRCRAFT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 94

TABLE 51 AIRCRAFT: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 94

TABLE 52 AUTOMOBILE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 95

TABLE 53 AUTOMOBILE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 95

TABLE 54 MICROELECTRONIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 96

TABLE 55 MICROELECTRONIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 96

TABLE 56 WIND TURBINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 97

TABLE 57 WIND TURBINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 97

TABLE 58 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 98

TABLE 59 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 98

TABLE 60 ELECTRONIC ENCAPSULATION:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 99

TABLE 61 ELECTRONIC ENCAPSULATION:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 99

TABLE 62 GROUTS & MORTARS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 100

TABLE 63 GROUTS & MORTARS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 100

TABLE 64 OTHERS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 101

TABLE 65 OTHERS:MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 101

TABLE 66 GLOBAL EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 104

TABLE 67 GLOBAL EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 105

TABLE 68 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 106

TABLE 69 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 106

TABLE 70 AUTOMOTIVE & TRANSPORTATION: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 108

TABLE 71 AUTOMOTIVE & TRANSPORTATIONC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 108

TABLE 72 ELECTRICAL & ELECTRONICS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2025 (USD MILLION) 109

TABLE 73 ELECTRICAL & ELECTRONICS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2025 (THOUSAND TONS) 109

TABLE 74 AEROSPACE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 111

TABLE 75 AEROSPACE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 111

TABLE 76 MARINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 113

TABLE 77 MARINE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 113

TABLE 78 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (USD MILLION) 114

TABLE 79 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2025 (THOUSAND TONS) 114

TABLE 80 GLOBAL EPOXY RESIN MARKET, BY REGION, 2020-2027 (USD MILLION) 117

TABLE 81 GLOBAL EPOXY RESIN MARKET, BY REGION, 2020-2027 (THOUSAND TONS) 118

TABLE 82 NORTH AMERICA: EPOXY RESIN MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 119

TABLE 83 NORTH AMERICA: EPOXY RESIN MARKET, BY COUNTRY, 2020-2027 (THOUSAND TONS) 119

TABLE 84 NORTH AMERICA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 119

TABLE 85 NORTH AMERICA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 120

TABLE 86 NORTH AMERICA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 120

TABLE 87 NORTH AMERICA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 121

TABLE 88 NORTH AMERICA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 121

TABLE 89 NORTH AMERICA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 122

TABLE 90 NORTH AMERICA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 122

TABLE 91 NORTH AMERICA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 122

TABLE 92 NORTH AMERICA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 123

TABLE 93 NORTH AMERICA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 123

TABLE 94 NORTH AMERICA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 125

TABLE 95 NORTH AMERICA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 125

TABLE 96 US: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 126

TABLE 97 US: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 126

TABLE 98 US: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 127

TABLE 99 US: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 127

TABLE 100 US: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 127

TABLE 101 US: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 128

TABLE 102 US: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 128

TABLE 103 US: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 129

TABLE 104 US: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 129

TABLE 105 US: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 130

TABLE 106 US: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 130

TABLE 107 US: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 131

TABLE 108 CANADA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (CANADAD MILLION) 131

TABLE 109 CANADA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 132

TABLE 110 CANADA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (CANADAD MILLION) 132

TABLE 111 CANADA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 132

TABLE 112 CANADA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 133

TABLE 113 CANADA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 133

TABLE 114 CANADA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 135

TABLE 115 CANADA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 135

TABLE 116 CANADA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 135

TABLE 117 CANADA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 137

TABLE 118 CANADA: EPOXY RESIN MARKET, BY END- USE INDUSTRY, 2020-2027 (USD MILLION) 137

TABLE 119 CANADA: EPOXY RESIN MARKET, BY END- USE INDUSTRY, 2020-2027 (THOUSAND TONS) 138

TABLE 120 EUROPE: EPOXY RESIN MARKET, BY COUNTRY, 2014-2025 (USD MILLION) 138

TABLE 121 EUROPE: EPOXY RESIN MARKET, BY COUNTRY, 2014-2025 (THOUSAND TONS) 139

TABLE 122 EUROPE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 139

TABLE 123 EUROPE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 140

TABLE 124 EUROPE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 141

TABLE 125 EUROPE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 141

TABLE 126 EUROPE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 141

TABLE 127 EUROPE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 142

TABLE 128 EUROPE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 142

TABLE 129 EUROPE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 143

TABLE 130 EUROPE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 143

TABLE 131 EUROPE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 144

TABLE 132 EUROPE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 144

TABLE 133 EUROPE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 145

TABLE 134 GERMANY: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 145

TABLE 135 GERMANY: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 146

TABLE 136 GERMANY: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 146

TABLE 137 GERMANY: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 146

TABLE 138 GERMANY: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 147

TABLE 139 GERMANY: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 147

TABLE 140 GERMANY: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 149

TABLE 141 GERMANY: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 149

TABLE 142 GERMANY: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 149

TABLE 143 GERMANY: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 151

TABLE 144 GERMANY: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 151

TABLE 145 GERMANY: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 152

TABLE 146 UK: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 152

TABLE 147 UK: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 153

TABLE 148 UK: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 153

TABLE 149 UK: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 153

TABLE 150 UK: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 154

TABLE 151 UK: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 154

TABLE 152 UK: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 156

TABLE 153 UK: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 156

TABLE 154 UK: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 156

TABLE 155 UK: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 157

TABLE 156 UK: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 157

TABLE 157 UK: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 158

TABLE 158 FRANCE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 158

TABLE 159 FRANCE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 159

TABLE 160 FRANCE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 159

TABLE 161 FRANCE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 159

TABLE 162 FRANCE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 160

TABLE 163 FRANCE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 160

TABLE 164 FRANCE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 162

TABLE 165 FRANCE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 162

TABLE 166 FRANCE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 162

TABLE 167 FRANCE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 164

TABLE 168 FRANCE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 164

TABLE 169 FRANCE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 165

TABLE 170 SPAIN: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 165

TABLE 171 SPAIN: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 166

TABLE 172 SPAIN: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 166

TABLE 173 SPAIN: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 166

TABLE 174 SPAIN: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 167

TABLE 175 SPAIN: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 167

TABLE 176 SPAIN: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 169

TABLE 177 SPAIN: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 169

TABLE 178 SPAIN: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 169

TABLE 179 SPAIN: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 170

TABLE 180 SPAIN: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 170

TABLE 181 SPAIN: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 171

TABLE 182 ITALY: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 171

TABLE 183 ITALY: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 172

TABLE 184 ITALY: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 172

TABLE 185 ITALY: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 172

TABLE 186 ITALY: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 173

TABLE 187 ITALY: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 173

TABLE 188 ITALY: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 175

TABLE 189 ITALY: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 175

TABLE 190 ITALY: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 175

TABLE 191 ITALY: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 176

TABLE 192 ITALY: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 176

TABLE 193 ITALY: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 177

TABLE 194 RUSSIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 177

TABLE 195 RUSSIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 178

TABLE 196 RUSSIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 178

TABLE 197 RUSSIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 178

TABLE 198 RUSSIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 179

TABLE 199 RUSSIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 179

TABLE 200 RUSSIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 181

TABLE 201 RUSSIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 181

TABLE 202 RUSSIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 181

TABLE 203 RUSSIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 182

TABLE 204 RUSSIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 182

TABLE 205 RUSSIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 183

TABLE 206 THE NETHERLANDS: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 183

TABLE 207 THE NETHERLANDS: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 184

TABLE 208 THE NETHERLANDS: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 184

TABLE 209 THE NETHERLANDS: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 184

TABLE 210 THE NETHERLANDS: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 185

TABLE 211 THE NETHERLANDS: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 185

TABLE 212 THE NETHERLANDS: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 187

TABLE 213 THE NETHERLANDS: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 187

TABLE 214 THE NETHERLANDS: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 187

TABLE 215 THE NETHERLANDS: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 188

TABLE 216 THE NETHERLANDS: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 188

TABLE 217 THE NETHERLANDS: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 190

TABLE 218 BELGIUM: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 190

TABLE 219 BELGIUM: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 191

TABLE 220 BELGIUM: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 191

TABLE 221 BELGIUM: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 191

TABLE 222 BELGIUM: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 192

TABLE 223 BELGIUM: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 192

TABLE 224 BELGIUM: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 194

TABLE 225 BELGIUM: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 194

TABLE 226 BELGIUM: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 194

TABLE 227 BELGIUM: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 196

TABLE 228 BELGIUM: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 196

TABLE 229 BELGIUM: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 197

TABLE 230 POLAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 197

TABLE 231 POLAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 198

TABLE 232 POLAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 198

TABLE 233 POLAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 198

TABLE 234 POLAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 199

TABLE 235 POLAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 199

TABLE 236 POLAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 201

TABLE 237 POLAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 201

TABLE 238 POLAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 201

TABLE 239 POLAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 202

TABLE 240 POLAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 202

TABLE 241 POLAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 204

TABLE 242 REST OF EUROPE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 204

TABLE 243 REST OF EUROPE: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 205

TABLE 244 REST OF EUROPE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 205

TABLE 245 REST OF EUROPE: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 205

TABLE 246 REST OF EUROPE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 206

TABLE 247 REST OF EUROPE: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 206

TABLE 248 REST OF EUROPE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 208

TABLE 249 REST OF EUROPE: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 208

TABLE 250 REST OF EUROPE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 208

TABLE 251 REST OF EUROPE: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 210

TABLE 252 REST OF EUROPE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 210

TABLE 253 REST OF EUROPE: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 211

TABLE 254 ASIA-PACIFIC: EPOXY RESIN MARKET, BY COUNTRY, 2014–2025 (USD MILLION) 212

TABLE 255 ASIA-PACIFIC: EPOXY RESIN MARKET, BY COUNTRY, 2014–2025 (THOUSAND TONS) 212

TABLE 256 ASIA-PACIFIC: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 213

TABLE 257 ASIA-PACIFIC: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 213

TABLE 258 ASIA-PACIFIC: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 214

TABLE 259 ASIA-PACIFIC: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 214

TABLE 260 ASIA-PACIFIC: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 214

TABLE 261 ASIA-PACIFIC: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 215

TABLE 262 ASIA-PACIFIC: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 215

TABLE 263 ASIA-PACIFIC: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 217

TABLE 264 ASIA-PACIFIC: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 217

TABLE 265 ASIA-PACIFIC: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 218

TABLE 266 ASIA-PACIFIC: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 218

TABLE 267 ASIA-PACIFIC: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 219

TABLE 268 CHINA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 219

TABLE 269 CHINA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 220

TABLE 270 CHINA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 220

TABLE 271 CHINA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 220

TABLE 272 CHINA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 221

TABLE 273 CHINA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 221

TABLE 274 CHINA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 223

TABLE 275 CHINA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 223

TABLE 276 CHINA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 223

TABLE 277 CHINA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 224

TABLE 278 CHINA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 224

TABLE 279 CHINA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 225

TABLE 280 JAPAN: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 225

TABLE 281 JAPAN: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 226

TABLE 282 JAPAN: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 226

TABLE 283 JAPAN: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 226

TABLE 284 JAPAN: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 227

TABLE 285 JAPAN: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 227

TABLE 286 JAPAN: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 229

TABLE 287 JAPAN: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 229

TABLE 288 JAPAN: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 229

TABLE 289 JAPAN: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 230

TABLE 290 JAPAN: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 230

TABLE 291 JAPAN: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 231

TABLE 292 INDIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 231

TABLE 293 INDIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 232

TABLE 294 INDIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 232

TABLE 295 INDIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 232

TABLE 296 INDIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 233

TABLE 297 INDIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 233

TABLE 298 INDIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 235

TABLE 299 INDIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 235

TABLE 300 INDIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 235

TABLE 301 INDIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 237

TABLE 302 INDIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 237

TABLE 303 INDIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 238

TABLE 304 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 238

TABLE 305 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 239

TABLE 306 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 239

TABLE 307 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 239

TABLE 308 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 240

TABLE 309 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 240

TABLE 310 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 242

TABLE 311 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 242

TABLE 312 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 243

TABLE 313 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 243

TABLE 314 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 244

TABLE 315 AUSTRALIA & NEW ZEALAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 244

TABLE 316 SOUTH KOREA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 245

TABLE 317 SOUTH KOREA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 245

TABLE 318 SOUTH KOREA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 246

TABLE 319 SOUTH KOREA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 246

TABLE 320 SOUTH KOREA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 246

TABLE 321 SOUTH KOREA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 247

TABLE 322 SOUTH KOREA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 247

TABLE 323 SOUTH KOREA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 249

TABLE 324 SOUTH KOREA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 249

TABLE 325 SOUTH KOREA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 249

TABLE 326 SOUTH KOREA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 250

TABLE 327 SOUTH KOREA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 250

TABLE 328 THAILAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 252

TABLE 329 THAILAND: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 252

TABLE 330 THAILAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 253

TABLE 331 THAILAND: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 253

TABLE 332 THAILAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 253

TABLE 333 THAILAND: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 254

TABLE 334 THAILAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 254

TABLE 335 THAILAND: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 256

TABLE 336 THAILAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 256

TABLE 337 THAILAND: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 256

TABLE 338 THAILAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 257

TABLE 339 THAILAND: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 257

TABLE 340 MALAYSIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 259

TABLE 341 MALAYSIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 259

TABLE 342 MALAYSIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 260

TABLE 343 MALAYSIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 260

TABLE 344 MALAYSIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 260

TABLE 345 MALAYSIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 261

TABLE 346 MALAYSIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 261

TABLE 347 MALAYSIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 263

TABLE 348 MALAYSIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 263

TABLE 349 MALAYSIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 264

TABLE 350 MALAYSIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 264

TABLE 351 MALAYSIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 265

TABLE 352 INDONESIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 265

TABLE 353 INDONESIA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 266

TABLE 354 INDONESIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 266

TABLE 355 INDONESIA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 266

TABLE 356 INDONESIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 267

TABLE 357 INDONESIA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 267

TABLE 358 INDONESIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 269

TABLE 359 INDONESIA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 269

TABLE 360 INDONESIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 269

TABLE 361 INDONESIA: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 270

TABLE 362 INDONESIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 270

TABLE 363 INDONESIA: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 272

TABLE 364 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 272

TABLE 365 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 273

TABLE 366 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 273

TABLE 367 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 273

TABLE 368 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 274

TABLE 369 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 274

TABLE 370 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 276

TABLE 371 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 276

TABLE 372 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (USD MILLION) 276

TABLE 373 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY COMPOSITES, 2020-2027 (THOUSAND TONS) 277

TABLE 374 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 277

TABLE 375 REST OF ASIA-PACIFIC: EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 279

TABLE 376 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 280

TABLE 377 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY COUNTRY, 2020-2027 (THOUSAND TONS) 280

TABLE 378 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 281

TABLE 379 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 281

TABLE 380 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 282

TABLE 381 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 282

TABLE 382 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 282

TABLE 383 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 283

TABLE 384 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (USD MILLION) 283

TABLE 385 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET, BY PAINTS & COATINGS, 2020-2027 (THOUSAND TONS) 285

16 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 26

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL EPOXY RESIN MARKET 27

FIGURE 3 GLOBAL EPOXY RESIN MARKET ANALYSIS, BY REGION 28

FIGURE 4 GLOBAL EPOXY RESIN MARKET: STRUCTURE 30

FIGURE 5 NORTH AMERICA: EPOXY RESIN MARKET SHARE, BY COUNTRY (2020 VS 2025) 31

FIGURE 6 EUROPE: EPOXY RESIN MARKET SHARE, BY COUNTRY (2020 VS 2025) 31

FIGURE 7 ASIA-PACIFIC: EPOXY RESIN MARKET SHARE, BY COUNTRY (2020 VS 2025) 32

FIGURE 8 MIDDLE EAST & AFRICA: EPOXY RESIN MARKET SHARE, BY COUNTRY (2020 VS 2025) 32

FIGURE 9 LATIN AMERICA: EPOXY RESIN MARKET SHARE, BY COUNTRY (2020 VS 2025) 33

FIGURE 10 RESEARCH PROCESS 34

FIGURE 11 TOP-DOWN & BOTTOM-UP APPROACHES 37

FIGURE 12 MARKET DYNAMICS OVERVIEW 40

FIGURE 13 COUNTRY-LEVEL DEMAND FOR PAINTS, 2020 (%) 41

FIGURE 14 GLOBAL AUTOMOTIVE PRODUCTION Y-O-Y GROWTH 42

FIGURE 15 TOP 10 GLOBAL AEROSPACE MANUFACTURERS, BY REVENUE 2016 45

FIGURE 16 DRIVERS IMPACT ANALYSIS: EPOXY RESIN MARKET 46

FIGURE 17 RESTRAINTS IMPACT ANALYSIS: EPOXY RESIN MARKET 47

FIGURE 18 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY 49

FIGURE 19 SUPPLY CHAIN: GLOBAL EPOXY RESIN MARKET 52

FIGURE 20 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL EPOXY RESIN MARKET 54

FIGURE 21 GLOBAL EPOXY RESIN MARKET, BY TYPE, 2020 (% SHARE) 61

FIGURE 22 GLOBAL EPOXY RESIN MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

FIGURE 23 GLOBAL EPOXY RESIN MARKET, BY TYPE, 2020-2027 (THOUSAND TONS) 63

FIGURE 24 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY, 2020 (% SHARE) 73

FIGURE 25 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 74

FIGURE 26 GLOBAL EPOXY RESIN MARKET, BY TECHNOLOGY, 2020-2027 (THOUSAND TONS) 75

FIGURE 27 GLOBAL EPOXY RESIN MARKET, BY APPLICATION, 2017 (% SHARE) 82

FIGURE 28 GLOBAL EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 83

FIGURE 29 GLOBAL EPOXY RESIN MARKET, BY APPLICATION, 2020-2027 (THOUSAND TONS) 84

FIGURE 30 GLOBAL EPOXY RESIN MARKET, BY END-USE, 2020 (% SHARE) 103

FIGURE 31 GLOBAL EPOXY RESIN MARKET, BY END-USE, 2020-2027 (USD MILLION) 104

FIGURE 32 GLOBAL EPOXY RESIN MARKET, BY END-USE, 2020-2027 (THOUSAND TONS) 105

FIGURE 33 GLOBAL EPOXY RESIN MARKET, BY REGION, 2020-2027 (USD MILLION) 116

FIGURE 34 GLOBAL EPOXY RESIN MARKET, BY REGION, 2020 (% SHARE) 117

FIGURE 35 GLOBAL EPOXY RESIN MARKET, BY REGION, 2020-2027 (THOUSAND TONS) 118

FIGURE 36 OLIN CORPORATION (OLIN): FINANCIAL OVERVIEW SNAPSHOT 351

FIGURE 37 OLIN CORPORATION (OLIN): SWOT ANALYSIS 353

FIGURE 38 ADITYA BIRLA CHEMICAL: FINANCIAL OVERVIEW SNAPSHOT 355

FIGURE 39 ADITYA BIRLA CHEMICALS: SWOT ANALYSIS 357

FIGURE 40 KOLON INDUSTRIES, INC: FINANCIAL OVERVIEW SNAPSHOT 358

FIGURE 41 KOLON INDUSTRIES, INC: SWOT ANALYSIS 360

FIGURE 42 ATUL LTD: FINANCIAL OVERVIEW SNAPSHOT 362

FIGURE 43 ATUL LTD: SWOT ANALYSIS 364

FIGURE 44 CIECH S.A.: FINANCIAL OVERVIEW SNAPSHOT 366

FIGURE 45 CIECH S.A: SWOT ANALYSIS 367

FIGURE 46 HUNTSMAN INTERNATIONAL LLC: FINANCIAL OVERVIEW SNAPSHOT 369

FIGURE 47 HUNTSMAN INTERNATIONAL LLC: SWOT ANALYSIS 371

FIGURE 48 SPOLCHEMIE: FINANCIAL OVERVIEW SNAPSHOT 372

FIGURE 49 SPOLCHEMIE: SWOT ANALYSIS 373

FIGURE 50 NAN YA PLASTICS CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 374

FIGURE 51 NAN YA PLASTICS CORPORATION: SWOT ANALYSIS 376

FIGURE 52 SINOPEC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 378

FIGURE 53 SINOPEC CORPORATION: SWOT ANALYSIS 380

FIGURE 54 HEXION: FINANCIAL OVERVIEW SNAPSHOT 381

FIGURE 55 HEXION: SWOT ANALYSIS 383

FIGURE 56 KUKDO CHEMICAL CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 384

FIGURE 57 KUKDO CHEMICAL CO., LTD: SWOT ANALYSIS 386

FIGURE 58 CHANG CHUN GROUP: SWOT ANALYSIS 388

FIGURE 59 MACRO POLYMERS: SWOT ANALYSIS 390

FIGURE 60 DOW: FINANCIAL OVERVIEW SNAPSHOT 392

FIGURE 61 DOW: SWOT ANALYSIS 394

Epoxy Resin Market

Epoxy Resin Market is projected to be worth USD 12.3 Billion by 2030, registering a CAGR of 7.20% during the forecast period (2021 - 2030)

Segmentation

By Type Dgbea Novolac Dgbef Aliphatic Glycidylamine Others
By Technology Solvent Cut Epoxy Liquid Epoxy Waterborne Epoxy Others
By Application Composites Paints & Coatings Grouts & Mortars Adhesives Electronic Encapsulation
By End-Use Aerospace Automotive & Transportation Building & Construction Electrical & Electronics Marine

Key Players

  • Aditya Birla Chemicals (India)
  • Kolon Industries (South Korea)
  • Inc
  • Atul Ltd (India)
  • Ciech S.A. (Poland)
  • Huntsman International Llc (U.S.)
  • Nan Ya plastics corporation (Taiwan)
  • Hexion (U.S.)
  • Chang Chun Group (Taiwan)
  • Spolchemie (Czech Republic)
  • Olin Corporation (U.S.)
  • Macro Polymers (India)
  • Dow (U.S.)

Drivers

  • Increasing Demand In Paints & Coatings.
  • Growing Demand For Epoxy-Based Composite.
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Epoxy Market Overview

Epoxy Resin Market is projected to be worth USD 12.3 Billion by 2030, registering a CAGR of 7.20% during the forecast period (2021 - 2030)., The market was valued at USD 6.89 billion in 2021.


More companies in more industries and more individuals have been using epoxy resin in recent years. The reasons for this are that epoxy resin doesn’t corrode when exposed to most chemicals. The same is true when it’s exposed to the elements. It doesn’t show the general wear and tear that most other materials on Earth do.


Epoxy resin is also very pliable and flexible. These are some of the reasons why transportation and other industries want to use epoxy resin.


COVID-19 analysis


Governments around the world realized this early on. That’s why they sought to impose lockdowns and quarantines. These were temporary since they didn’t really work in terms of stopping the spread of the virus. Many companies in many industries were forced to either shut down temporarily or dramatically scale back production.


The global epoxy resin industry was no exception. In fact, the fact that the raw materials needed to make epoxy resin have gone up considerably means that less epoxy resin is being produced. This is indirectly affecting its overall CAGR.


Competitive landscape


The global epoxy resin industry is highly fractured and competitive. This is mainly because the market is lucrative and there are few barriers to entry. This is enticing large companies (especially) to enter the industry with each passing year. That said, smaller and medium-sized companies are starting to enter the industry at unprecedented rates.


Companies can survive if they invest heavily in research and development. They can also enter into strategic partnerships with other companies and/or merge with/acquire other successful companies. Incidentally, these strategies can help these companies create a sustainable competitive advantage when entering new markets and solidifying their positions in existing markets.


Dow is a major player in the global epoxy resin industry. It managed to become an industry leader by investing heavily in research and development. Thus, it was able to create a sustainable competitive advantage by developing newer and better products with more innovative applications.


List of Companies



  • Aditya Birla Chemicals (India),

  • Kukdo Chemical Co., Ltd (South Korea),

  • Kolon Industries (South Korea), Inc,

  • Atul Ltd (India), Ciech S.A. (Poland),

  • Huntsman International Llc (U.S.),

  • China Petrochemical Corporation (China),

  • Nan Ya plastics corporation (Taiwan),

  • Hexion (U.S.),

  • Chang Chun Group (Taiwan),

  • Spolchemie (Czech Republic),

  • Olin Corporation (U.S.),

  • Macro Polymers (India),

  • Dow (U.S.)


Market dynamics 


Drivers


Epoxy resin is a key material in most paints. This is what makes it thicker so that it sticks to the instrument that’s being used to paint a surface. However, paints are not so thick that they can’t be spread on surfaces at all! Also, epoxy resin makes the paints stronger, more durable, and less likely to be destroyed by corrosion.


Epoxy resins are also used as a top-coat, primer, and topcoat. There are two main reasons for this. The first is that epoxy resins protect materials from damage from the Sun’ ultraviolet rays. The second is that they make the objects and materials that they coat look nicer.


Opportunities


Most aircraft manufacturers now use epoxy resin in their aircraft. This is creating enormous opportunities for epoxy resin manufacturers to develop and market a new generation of products that are more effective, have more innovative uses, are safer for humans and animals to be around, and respect the environment.


The same is true in the Asia-Pacific region and the Middle East and North Africa region. There, the construction industries are taking off thanks to high economic growth. This is creating enormous incentives for epoxy resin manufacturers to invest heavily in research and development to develop and market products that are safe for human and domestic animals to use and be around and are friendly for the environment.


Restraints


Epoxy resin is made out of raw materials that are essentially commodities. These commodities are subject to wide and daily variations in price. This drives up the cost of manufacturing epoxy resins and hence the final price of these products.


Challenges


One of the biggest challenges that the global epoxy resin industry faces lies in continuing to develop lightweight materials that have a lower price point. There are already many alternative resins that manufacturers of defense planes and vehicles/equipment around the world can use. Most of these are just as effective as epoxy resins are and they cost a fraction of the price.


Cumulative growth analysis


The CAGR for the global epoxy resin industry is projected to be 7.2% during the years spanning 2021 to 2028. The global epoxy resin market value is projected to be USD 6.89 billion this year.


Technology analysis


Hexion Corporation is a major American player in the global epoxy resin industry. It has managed to become one of the industry leaders by investing heavily in research and development. This has allowed it to develop a new generation of epoxy resins which are easier on the environment, safer for humans and domestic animals, and have a wide variety of innovative uses and applications.


Segment overview


By type


The global epoxy resin industry can be grouped into the following sub-segments by type:



  • DGBEF


The DGBEF type had the largest global epoxy resin market share in 2018 largely because many industries use it intensively. Some of these industries include automotive and building and construction. The DGBEA sub-segment is projected to have the highest CAGR of all of the types of epoxy resin.


By technology


The global epoxy resin industry can be grouped into the following sub-segments by technology:



  • Waterborne epoxy

  • Liquid epoxy


The waterborne sub-segment is projected to have the greatest CAGR for the time period that this report covers. This is mainly because it can be used as a powder coating to both protect and enhance the appearances of the surfaces of many objects and items.


Liquid epoxy resin can be used in paints and coatings. it has the highest market share.


By end-user


The global epoxy resin industry can be grouped into the following sub-segments based on end-user.



  • Construction


Indeed, epoxy resin has a high CAGR in this sub-segment mainly because it can be used to strengthen the exteriors of buildings. The automotive industry also wants to use epoxy resin because it makes automobile parts and hence automobiles stronger, more durable, and hence, last longer. The construction of epoxy resin is expected to have a market value of USD 2,969.2 million by 2025.


Regional analysis


The global epoxy resin industry can be separated into the following regions:



  • North America

  • Asia-Pacific

  • The European Union

  • The Middle East and North Africa


The North American region mainly uses epoxy resin to make second-hand cars and to make used cars look and operate better. The North American region has the highest market share for these reasons. Many American and Canadian car manufacturers, especially, want to use epoxy resin as a topcoat on automobiles and other motor vehicles to make them look shinier, more attractive, more durable, stronger, last longer, and operate better. The result is a good-looking and safe motor vehicle.


The automotive industry Is growing dramatically in the Asia-Pacific region. This region may not have the largest market share but it has the highest CAGR. The reason for this is because Asians want to buy more cars as they become richer. The Asia-Pacific region (also thanks to Modi’s ‘Make in India’ campaigns for manufacturing) also has seen many more motor vehicles being manufactured in recent years. India is starting to take Japan’s, Taiwan’s, and South Korea’s lead in this regard.


The European Union is investing heavily in the construction of new infrastructure projects and the renovation of existing infrastructure, and its national aerospace industries (collectively!) This is creating much more of a demand for epoxy resin coatings that have good architectural applications.


The Middle East and North Africa region have economies that have posted respectable growth rates in terms of GDP and GNP. There is a huge demand for and growth in demand for various infrastructure projects throughout the region as the residents become wealthier and want to buy and drive cars and other motor vehicles around. Thus, epoxy resin is being used in many more construction projects and applications.


The Middle East and North Africa region is starting to venture into smart manufacturing. Some industries that it has been entering are the manufacture of electronics parts, automobile parts, and various types of aircraft.


The main reason for the high demand for epoxy resin in this region lies in the fact that epoxy resin is lightweight and many of the industries that it is entering into the need to make lightweight parts for lightweight products. These parts also need to be strong and durable because the products are expected to be strong and durable.

Recent Developments



  • October 2021- Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, is happy to announce the latest distribution agreement with BASF or its resins range in Vietnam. The collaboration will be effective from November 1st, 2021 if BASF's portfolio of resin products allows Azelis to provide superior solutions for the CASE, printing and packaging markets. The collaborations boost the firm's lateral value chain by adding market-leading products in various market segments, as it extends the company's worldwide partnership with BASF into new territories. It develops upon the effective relationship among Azelis and BASF in the Americas, Turkey, New Zealand, and Australia.
    According to the CEO of Azelis Asia-Pacific, BASF is a leading market player globally, broadly known for its products' sustainable and innovative properties.

  • June 2021- Advanced Materials business Aditya Birla Group has planned to invest in rising business capacity by ~125 KTPA via a brownfield expansion at its Vilayat, Gujarat, India location. It will include specialty & standard epoxy products alongside curing agents. This is in addition to the present production facilities at Rayong – Thailand & Russelsheim - Germany. The Aditya Birla Group – Advanced Material business plays a vital part in growing & supporting the demand growth.

  • In September 2021, a manufacturer of specialty polymers casting, mold making, and coating applications for Polytek Development Corp. acquired Specialty Resin & Chemical. Polytek is a part of Arsenal Capital Partners Group.

  • Dec 2020 Sicomin Epoxy Systems has stated new marine collaboration and is creating a novel bio foaming epoxy. The firm's epoxy resins have been nominated for ENATA's high-performance Foiler motor yacht draft. The ENATA Foiler boasts an exclusive hydro-foiling system capable of hovering the yacht 1.5m above the surface of the water. The yacht is built of permeated carbon fibre and epoxy resin.



  • Dec 2020 Researchers have contained essential technology for epoxy sealing resources that are used to protect electronic parts, particularly semiconductors, from external ecological factors such as moisture, heat, and shock. The technology will aid South Korean chipmakers to end their dependency on Japanese products.



  • Nov 2020 Sika AG has further expanded its manufacturing capacity in the United Arab Emirates by contracting a novel manufacturing facility in Dubai. Sika is determined to enlarge its manufacturing facilities at the Dubai site to curtail delivery times, upsurge tractability in production, enhance cost structures, and decrease inventories. The locally manufactured epoxy resins are estimated to be an important component of Sika's flooring solutions. The location in Dubai was created in 2018 as a tactical distribution and sales center for the region. In addition to concrete admixtures, the epoxy resins will now be manufactured locally for the Target Market Flooring.


Report overview


The CAGR for the global epoxy resin industry is projected to be 7.2% for the time period that this report covers. The industry is expected to be worth USD 6.89 billion as of this year. The North American region may have the highest market share but the Asia-Pacific region has the highest CAGR.



Report Scope:
Report Attribute/Metric Details
  Market Size   2030 : USD 12.3 Billion
  CAGR   7.20% (2022–2030)
  Base Year   2021
  Forecast Period   2022Β toΒ 2030
  Historical Data   2019Β &Β 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Technology, End Use and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors    Olin Corporation (US), Aditya Birla Chemicals (India), Kolon Industries (South Korea), Inc, Atul Ltd (India), Ciech S.A. (Poland), Huntsman International Llc (US)
  Key Market Opportunities   Growing Construction Industry Increasing R&D To Produce Bio-Based Epoxy Resin
  Key Market Drivers

  • Increasing Demand In Paints & Coatings.
  • Growing Demand For Epoxy-Based Composite.
  • Increasing Application In Aerospace


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    Frequently Asked Questions (FAQ) :

    Epoxy Resin Market is projected to be worth USD 12.3 billion by 2030

    Olin Corporation (US), Aditya Birla Chemicals (India), Kolon Industries (South Korea), Inc, Atul Ltd (India), Ciech S.A. (Poland), Huntsman International Llc (US)

    Building and construction industry is the leading segment, growing at a considerable CAGR to reach USD 2,696.2 Million till 2025, on account of increasing infrastructure development around the world.

    Global Epoxy Resin Market is expected to register a CAGR of 7.20% during forecast period of 2021 to 2030.

    The fact that it protects surfaces and sticks well. That’s why it’s being used in paints and coatings much more often.