Modified Epoxy Resins Market Research Report- Forecast till 2027

Modified Epoxy Resins market research report: product type (water-based modified epoxy resin, solvent based modified epoxy resin), application (paints & coatings) end-user (building and construction) – Forecast till 2027

ID: MRFR/CnM/3828-HCR | February 2021 | Region: Global | 137 pages

Synopsis of Modified Epoxy Resins Market:


Asia Pacific holds the major share of the market and is expected to be the fastest growing region with an encouraging CAGR.

Epoxy resins or polyepoxides are a type of reactive polymers and they contain epoxide groups. Epoxy resins are reacted or cross-linked either with themselves or with a variety of co-reactants such as polyfunctional amines, acids, phenols, thiols, and alcohols. The reaction between epoxy resin and other co-reactants forms thermosetting polymers with enhanced chemical resistance, mechanical properties, and temperature, which are also referred as modified epoxy resin. Modified epoxy resin offer various properties such as improved peel strength, better thermal shock resistance, and excellent corrosion resistance, among others. These properties pave the way for modified epoxy resins in many end-user industries such as automobile, building and construction, aerospace, marine, and others. Modified epoxy resin are extensively used as adhesives and sealants owing to excellent heat resistance and durability. The growing automotive, building and construction industries in the developing countries are the major factors contributing to the growth of the market. Moreover, due to enhanced strength, high modulus, and lightweight of modified epoxy resins are also employed in the aerospace industries. Moreover, they act as a binding agent in the manufacturing of polymer concrete. The low viscosity increases a high degree of filling and processability of the polymer concrete. 


Among the various product segments in modified epoxy resins market, the paint and coating application segment is the leading segment of the market and is anticipated to continue its dominance over the forecast period. The enhanced heat resistance and weather resistance qualities finds its application in many industries such as automotive, building and construction, aerospace among  


The Global Modified Epoxy Resins Market Share by Application:


 Modified Epoxy Resins


Source: MRFR analysis


Regional Analysis:


The modified epoxy resins market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Growing population and the increasing personal disposable incomes in the developing nations are primarily driving the growth of the modified epoxy resins market. Moreover, the burgeoning construction industry in countries, such as India and China, is increasing the demand for modified epoxy resins in the paint and coatings industry, which, in turn, is propelling the market growth. According to the Indian Brand Equity Foundation, the Indian infrastructure witnessed 33 deals in 2016-2017 involving USD 3.49 billion with an increase of 0.5 billion from the previous year.


 In addition to this, the demand from the automotive industry mainly in China, India, and Japan is another factor positively affecting the market growth.  Furthermore, the developing electronics industry mainly in Japan and China is further expected to boost the demand for modified epoxy resins in this region owing to its use in the electrical coatings, electrical laminates, and electrical castings for enhanced performance.


North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of the big three automobile companies namely General Motors, Ford, and Fiat Chrysler has augmented the demand for modified epoxy resins from the automobile industry. Furthermore, the newly elected government has brought about the new wave of investments in the construction and renovation of the infrastructure mainly in the U.S. and Canada are further expected to boost the market growth owing to the use of modified epoxy resins in the paints and coatings industry. Moreover, the high adoption rate coupled with the developed end-use industries such as electronics and aerospace among others are expected to substantially add to the growth of the market.


The European region is a lucrative market and is mainly driven by the developed automobile and aerospace industry. The growing demand for coatings and composites from the aircraft and automobile manufacturers are further contributing to the growth of the market. Moreover, the increasing demand for paints and coatings from the construction sector is also expected to boost the market growth over the forecast period.


Key Players:



  • Nan Ya Plastic Corporation (Taiwan)

  • Olin (U.S)

  • Jiangsu sanmu group Co, Ltd (China)

  • Hexion (U.S)

  • Kukdo Chemical co limited (Japan)

  • Aditya Birla Chemicals Ltd ( India)

  • E. I. du Pont de Nemours and Company (U.S)

  • 3M (U.S), and BASF SE (Germany)




Segmental Analysis:


The global modified epoxy resins market is segmented into product type, application, and end-user. On the basis of the product type, the market is segregated into the water-based modified epoxy resin, and solvent-based modified epoxy resin. The market by application industry is further categorized into paints and coatings, adhesives and sealants, composites, laminates, and others. The market by end-user industry is bifurcated into building and construction, automotive, aerospace, marine, and others.


 


Geographical Analysis:


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience:



  • Modified epoxy resins  market manufacturers

  • Traders and Distributors of modified epoxy resins market

  • Production process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Product Type, Application and Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Nan Ya Plastic Corporation (Taiwan), Olin (U.S), Jiangsu sanmu group Co, Ltd (China), Hexion (U.S), Kukdo Chemical co limited (Japan), Aditya Birla Chemicals Ltd ( India), E. I. du Pont de Nemours and Company (U.S), 3M (U.S)BASF SE (Germany)
  Key Market Opportunities   The growing automotive, building and construction industries in the developing countries
  Key Market Drivers   Due to enhanced strength, high modulus, and lightweight of modified epoxy resins are also employed in the aerospace industries.


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :


The forecast period for Modified Epoxy Resins Market research report is 2020-2027.

Modified Epoxy Resins Market is dominated by APAC region.

The major players are Nan Ya Plastic Corporation (Taiwan), Olin (U.S), Jiangsu sanmu group Co, Ltd (China), Hexion (U.S), Kukdo Chemical co limited (Japan), Aditya Birla Chemicals Ltd ( India), E. I. du Pont de Nemours and Company (U.S), 3M (U.S)BASF SE (Germany)

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Modified Epoxy Resin Market

5 Industry Overview of Global Modified Epoxy Resin Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Modified Epoxy Resin Market by Product Type

7.1 Introduction

7.2 Solvent based modified epoxy resin

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Water based modified epoxy resin

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Modified Epoxy Resin Market by Application

8.1 Introduction

8.2 Paints and coatings

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Adhesives and sealants

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Composites

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Laminates

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Modified Epoxy Resin Market by End-user

9.1 Introduction

9.2 Building and construction

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Automotive

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Aerospace

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Marine

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Others

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Modified Epoxy Resin Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Product Type, 2020-2027

10.2.3 Market Estimates & Forecast by Application, 2020-2027

10.2.4 Market Estimates & Forecast by End-use, 2020-2027

10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast, 2020-2027

10.2.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.2.5.3 Market Estimates & Forecast by Application, 2020-2027

10.2.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2020-2027

10.2.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.2.6.3 Market Estimates & Forecast by Application, 2020-2027

10.2.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2020-2027

10.2.7.2 Market Estimates & Forecast by Product Type, 2020-2027

10.2.7.3 Market Estimates & Forecast by Application, 2020-2027

10.2.7.4 Market Estimates & Forecast by End-use, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.3 Market Estimates & Forecast by Application, 2020-2027

10.3.4 Market Estimates & Forecast by End-user, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020-2027

10.3.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.5.3 Market Estimates & Forecast by Application, 2020-2027

10.3.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2020-2027

10.3.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.6.3 Market Estimates & Forecast by Application, 2020-2027

10.3.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020-2027

10.3.7.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.7.3 Market Estimates & Forecast by Application, 2020-2027

10.3.7.4 Market Estimates & Forecast by End-use, 2020-2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020-2027

10.3.8.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.8.3 Market Estimates & Forecast by Application, 2020-2027

10.3.8.4 Market Estimates & Forecast by End-use, 2020-2027

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2020-2027

10.3.9.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.9.3 Market Estimates & Forecast by Application, 2020-2027

10.3.9.4 Market Estimates & Forecast by End-use, 2020-2027

10.3.10 Rest of Europe

10.3.10.1 Market Estimates & Forecast, 2020-2027

10.3.10.2 Market Estimates & Forecast by Product Type, 2020-2027

10.3.10.3 Market Estimates & Forecast by Application, 2020-2027

10.3.10.4 Market Estimates & Forecast by End-use, 2020-2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.3 Market Estimates & Forecast by Application, 2020-2027

10.4.4 Market Estimates & Forecast by End-use, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020-2027

10.4.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.5.3 Market Estimates & Forecast by Application, 2020-2027

10.4.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020-2027

10.4.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.6.3 Market Estimates & Forecast by Application, 2020-2027

10.4.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020-2027

10.4.7.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.7.3 Market Estimates & Forecast by Application, 2020-2027

10.4.7.4 Market Estimates & Forecast by End-use, 2020-2027

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2020-2027

10.4.8.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.8.3 Market Estimates & Forecast by Application, 2020-2027

10.4.8.4 Market Estimates & Forecast by End-use 2020-2027

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2020-2027

10.4.9.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.9.3 Market Estimates & Forecast by Application, 2020-2027

10.4.9.4 Market Estimates & Forecast by End-use, 2020-2027

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2020-2027

10.4.10.2 Market Estimates & Forecast by Product Type, 2020-2027

10.4.10.3 Market Estimates & Forecast by Application, 2020-2027

10.4.10.4 Market Estimates & Forecast by End-use, 2020-2027

10.5 The Middle East & Africa

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.3 Market Estimates & Forecast by Application, 2020-2027

10.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.5.5 Turkey

10.5.5.1 Market Estimates & Forecast, 2020-2027

10.5.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.5.3 Market Estimates & Forecast by Application, 2020-2027

10.5.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.5.6 Israel

10.5.6.1 Market Estimates & Forecast, 2020-2027

10.5.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.6.3 Market Estimates & Forecast by Application, 2020-2027

10.5.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.5.7 North Africa

10.5.7.1 Market Estimates & Forecast, 2020-2027

10.5.7.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.7.3 Market Estimates & Forecast by Application, 2020-2027

10.5.7.4 Market Estimates & Forecast by End-use, 2020-2027

10.5.8 GCC

10.5.8.1 Market Estimates & Forecast, 2020-2027

10.5.8.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.8.3 Market Estimates & Forecast by Application, 2020-2027

10.5.8.4 Market Estimates & Forecast by End-use, 2020-2027

10.5.9 Rest of the Middle East & Africa

10.5.9.1 Market Estimates & Forecast, 2020-2027

10.5.9.2 Market Estimates & Forecast by Product Type, 2020-2027

10.5.9.3 Market Estimates & Forecast by Application, 2020-2027

10.5.9.4 Market Estimates & Forecast by End-use, 2020-2027

10.6 Latin America

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.6.3 Market Estimates & Forecast by Application, 2020-2027

10.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, 2020-2027

10.6.5.2 Market Estimates & Forecast by Product Type, 2020-2027

10.6.5.3 Market Estimates & Forecast by Application, 2020-2027

10.6.5.4 Market Estimates & Forecast by End-use, 2020-2027

10.6.6 Argentina

10.6.6.1 Market Estimates & Forecast, 2020-2027

10.6.6.2 Market Estimates & Forecast by Product Type, 2020-2027

10.6.6.3 Market Estimates & Forecast by Application, 2020-2027

10.6.6.4 Market Estimates & Forecast by End-use, 2020-2027

10.6.7 Rest of Latin America

10.6.7.1 Market Estimates & Forecast, 2020-2027

10.6.7.2 Market Estimates & Forecast by Product Type, 2020-2027

10.6.7.3 Market Estimates & Forecast by Application, 2020-2027

10.6.7.4 Market Estimates & Forecast by End-use, 2020-2027

11. Company Landscape

12. Company Profiles

12.1 Nan Ya Plastic Corporation

12.1.1 Company Overview

12.1.2 Product Type/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Olin

12.2.1 Company Overview

12.2.2 Product Type/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Jiangsu sanmu group Co,Ltd

12.3.1 Company Overview

12.3.2 Product Type/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Hexion

12.4.1 Company Overview

12.4.2 Product Type/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Kukdo Chemical co limited

12.5.1 Company Overview

12.5.2 Product Type/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Aditya Birla Chemicals Ltd.

12.6.1 Company Overview

12.6.2 Product Type/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 E. I. du Pont de Nemours and Company

12.7.1 Company Overview

12.7.2 Product Type/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 3M

12.8.1 Company Overview

12.8.2 Product Type/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 BASF SE

12.9.1 Company Overview

12.9.2 Product Type/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

13 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2030)

Table 2 Global Modified Epoxy Resin Market: By Region, 2020-2027

Table 3 North America Modified Epoxy Resin Market: By Country, 2020-2027

Table 4 Europe Modified Epoxy Resin Market: By Country, 2020-2027

Table 5 Asia-Pacific Modified Epoxy Resin Market: By Country, 2020-2027

Table 6 Middle East & Africa Modified Epoxy Resin Market: By Country, 2020-2027

Table 7 Latin America Modified Epoxy Resin Market: By Country, 2020-2027

Table 8 Global Modified Epoxy Resin by Product Type Market: By Regions, 2020-2027

Table 9 North America Modified Epoxy Resin by Product Type Market: By Country, 2020-2027

Table10 Europe Modified Epoxy Resin by Product Type Market: By Country, 2020-2027

Table11 Asia-Pacific Modified Epoxy Resin by Product Type Market: By Country, 2020-2027

Table12 Middle East & Africa Modified Epoxy Resin by Product Type Market: By Country, 2020-2027

Table13 Latin America Modified Epoxy Resin by Product Type Market: By Country, 2020-2027

Table14 Global Modified Epoxy Resin by Application Market: By Regions, 2020-2027

Table15 North America Modified Epoxy Resin by Application Market: By Country, 2020-2027

Table16 Europe Modified Epoxy Resin by Application Market: By Country, 2020-2027

Table17 Asia-Pacific Modified Epoxy Resin by Application Market: By Country, 2020-2027

Table18 Middle East & Africa Modified Epoxy Resin by Application Market: By Country, 2020-2027

Table19 Latin America Modified Epoxy Resin by Application Market: By Country, 2020-2027

Table20 Global Modified Epoxy Resin by Application Market: By Regions, 2020-2027

Table21 North America Modified Epoxy Resin for End-use Market: By Country, 2020-2027

Table22 Europe Modified Epoxy Resin for End-use Market: By Country, 2020-2027

Table23 Asia-Pacific Modified Epoxy Resin for End-use Market: By Country, 2020-2027

Table24 Middle East & Africa Modified Epoxy Resin for End-use Market: By Country, 2020-2027

Table25 Latin America Modified Epoxy Resin for End-use Market: By Country, 2020-2027

Table26 Global Product Type Market: By Region, 2020-2027

Table27 Global Application Market: By Region, 2020-2027

Table28 Global End-use Market: By Region, 2020-2027

Table29 North America Modified Epoxy Resin Market, By Country

Table30 North America Modified Epoxy Resin Market, By Product Type

Table31 North America Modified Epoxy Resin Market, By Application

Table32 North America Modified Epoxy Resin Market, By End-use

Table33 Europe: Modified Epoxy Resin Market, By Country

Table34 Europe: Modified Epoxy Resin Market, By Product Type

Table35 Europe: Modified Epoxy Resin Market, By Application

Table36 Europe: Modified Epoxy Resin Market, By End-use

Table37 Asia-Pacific: Modified Epoxy Resin Market, By Country

Table38 Asia-Pacific: Modified Epoxy Resin Market, By Product Type

Table39 Asia-Pacific: Modified Epoxy Resin Market, By Application

Table40 Asia-Pacific: Modified Epoxy Resin Market, By End-use

Table41 Middle East & Africa: Modified Epoxy Resin Market, By Country

Table42 Middle East & Africa Modified Epoxy Resin Market, By Product Type

Table43 Middle East & Africa Modified Epoxy Resin Market, By Application

Table44 Middle East & Africa: Modified Epoxy Resin Market, By End-use

Table45 Latin America: Modified Epoxy Resin Market, By Country

Table46 Latin America Modified Epoxy Resin Market, By Product Type

Table47 Latin America Modified Epoxy Resin Market, By Application

Table48 Latin America: Modified Epoxy Resin Market, By End-use

LIST OF FIGURES

FIGURE 1 Global Modified Epoxy Resin Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Modified Epoxy Resin Market

FIGURE 4 Value Chain of Global Modified Epoxy Resin Market

FIGURE 5 Share of Global Modified Epoxy Resin Market in 2020, by country (in %)

FIGURE 6 Global Modified Epoxy Resin Market, 2020-2027,

FIGURE 7 Sub segments of Product Type

FIGURE 8 Global Modified Epoxy Resin Market size by Product Type, 2020

FIGURE 9 Share of Global Modified Epoxy Resin Market by Product Type, 2020-2027

FIGURE 10 Global Modified Epoxy Resin Market size by Application, 2020

FIGURE 11 Share of Global Modified Epoxy Resin Market by Application, 2020-2027

FIGURE 12 Global Modified Epoxy Resin Market size by End-use, 2020

FIGURE 13 Share of Global Modified Epoxy Resin Market by End-use, 2020-2027