Market Summary
Research Methodology on Epoxy Resin Market
1 Introduction:
This research report analyzes the Epoxy Resin market, currently and for the forecasted period 2023 to 2030. The report offers an overview of the factors and trends influencing the growth of the Epoxy Resin market and provides insights into how the market is expected to shape in the near future. All research materials and data sources used to carry out the analysis are thoroughly inspected to determine their reliability and accuracy.
2 Research Objectives:
The primary aim of this research is to understand the market structure, dynamics, and trends in the Epoxy Resin market. Furthermore, the research report attempts to establish an understanding of the historical and current data related to the market. Additionally, this research report evaluates the advantages and challenges for the growth of the market and assesses the performance of the major players in the Epoxy Resin market.
3 Scope of the Study:
This study revolves around the Epoxy Resin market and provides an in-depth analysis of the market in different regions across the globe. The research report aims to provide the current market size, historical data, and future prospects of the market. Additionally, this study attempts to provide details related to the factors influencing the growth of the Epoxy Resin market along with the potential opportunities and challenges the market is conforming to.
4 Research Methodology:
This research utilizes primary, secondary and tertiary sources to provide insights into the Epoxy Resin market. The primary sources mainly include industry experts, various suppliers, manufacturers, distributors, and retailers. The secondary sources include the World Bank, social media, company reports, company websites, journals, and similarly relevant sources. Furthermore, statistical analysis is displayed with the help of tables, pie charts, and graphs to make it easy to understand.
5 Research Process:
The research process starts with an understanding of all the data related to the Epoxy Resin market. The research team assesses all the information related to the market and then conducts the primary and secondary research processes. The primary sources include industry experts, key vendors and distributors, and market research institutions. The secondary sources include company websites, financial databases, and company records and reports.
The research team then developed the market section with the help of primary and secondary data. The market assessment and market estimations are done with the help of forecasting techniques and market modelling techniques. Market segmentation is done for the understanding and mapping of the different segments. Market scenarios, segment growth, and pricing strategies are estimated with the help of a regression model.
6 Market Assumptions:
The assumptions used in this research process mainly involve the fluctuations in the price of Epoxy Resins and the prices of raw materials for the production of epoxy resins. The effect of economic fluctuations and industry growth are taken into consideration while carrying out the analysis. The research also takes into consideration the capacity utilization of the epoxy resin manufacturing industry. Additionally, the research assumes the changing nature of customer preferences, the changing pricing and competitive structure of the market, and factors related to the substitution and cannibalization of Epoxy Resin products.
7 Data Sources:
The data sources used in the research report include primary and secondary research documents, government reports, and paid sources available online. The primary sources are mainly the industry experts, key players in the market, and other distributors in the market. Whereas the secondary sources include data from different governmental sources and corporate websites. Additional sources include statistical information from various journals, paid sources, and other social networks.
In conclusion, this research report offers an in-depth understanding of the Epoxy Resin market and the trends influencing the market’s growth. The report also explains the methods used while conducting the research and the assumptions made during the research process. Additionally, the research report provides a detailed analysis of the market segments, growth rate, and the competitive landscape of the Epoxy Resin market.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 13.4 billion |
Market Size 2024 | USD 15.2 billion |
Market Size 2032 | USD 19.5 billion |
Compound Annual Growth Rate (CAGR) | 3.2% (2024-2032) |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2018 & 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Technology, Application, End-Use Industry, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and the Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | China Petrochemical & Chemical Corp. (SINOPEC), Aditya Birla Chemicals (India), Kolon Industries Inc (South Korea), Atul Ltd (India), Ciech S.A. (Poland), Huntsman International Llc (U.S.), Nan Ya plastics corporation (Taiwan), Chang Chun Group (Taiwan), Spolchemie (Czech Republic), Olin Corporation (U.S.), Macro Polymers (India), and Dow (U.S.) |
Key Market Opportunities | The rise in demand for an environment-friendly product along with the growing automotive industry is accelerating the demand for epoxy resin |
Key Market Dynamics | Rising digitalization is increasing the demand for consumer electronics A surge in electric vehicle demand |
Major Players
Epoxy Resin Market Segmentation
Epoxy Resin Type Outlook (USD Million, 2018-2030)
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Epoxy Resin Technology Outlook
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Epoxy Resin Application Outlook
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Epoxy Resin End-Use Industry Outlook
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Epoxy Resin Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
North America Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
North America Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
North America Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
North America Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
US Outlook (USD Million, 2018-2030)
US Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
US Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
US Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
US Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Canada Outlook (USD Million, 2018-2030)
Canada Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Canada Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Canada Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Canada Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Europe Outlook (USD Million, 2018-2030)
Europe Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Europe Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Europe Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Europe Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Germany Outlook (USD Million, 2018-2030)
Germany Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Germany Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Germany Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Germany Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
France Outlook (USD Million, 2018-2030)
France Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
France Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
France Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
France Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
UK Outlook (USD Million, 2018-2030)
UK Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
UK Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
UK Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
UK Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
ITALY Outlook (USD Million, 2018-2030)
ITALY Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
ITALY Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
ITALY Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
ITALY Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
SPAIN Outlook (USD Million, 2018-2030)
Spain Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Spain Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Spain Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Spain Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Rest Of Europe Outlook (USD Million, 2018-2030)
Rest of Europe Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Rest of Europe Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
REST oF EUROPE Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
REST of EUROPE Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Asia-Pacific Outlook (USD Million, 2018-2030)
Asia-Pacific Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Asia-Pacific Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Asia-Pacific Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Asia-Pacific Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
China Outlook (USD Million, 2018-2030)
China Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
China Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
China Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
China Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Japan Outlook (USD Million, 2018-2030)
Japan Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Japan Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Japan Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Japan Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
India Outlook (USD Million, 2018-2030)
India Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
India Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
India Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
India Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Australia Outlook (USD Million, 2018-2030)
Australia Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Australia Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Australia Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Australia Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of Asia-Pacific Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Rest of Asia-Pacific Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Rest of Asia-Pacific Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Rest of Asia-Pacific Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Rest of the World Outlook (USD Million, 2018-2030)
Rest of the World Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Rest of the World Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Rest of the World Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Rest of the World Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Middle East Outlook (USD Million, 2018-2030)
Middle East Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Middle East Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Middle East Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Middle East Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Africa Outlook (USD Million, 2018-2030)
Africa Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Africa Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Africa Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Africa Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
Latin America Outlook (USD Million, 2018-2030)
Latin America Epoxy Resin by Type
DGBEA
Novolac
DGBEF
Aliphatic
Glycidylamine
Others
Latin America Epoxy Resin by Technology
Solvent Cut Epoxy
Liquid Epoxy
Waterborne Epoxy
Others
Latin America Epoxy Resin by Application
Composites
Paints & Coatings
Grouts & Mortars
Adhesives
Electronic Encapsulation
Others
Latin America Epoxy Resin by End-Use Industry
Aerospace
Automotive & Transportation
Building & Construction
Electrical & Electronics
Marine
Others
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