Global Epoxy Resin Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Nov 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Epoxy Resin Market By Physical Form (Solid Epoxy Resin, Liquid Epoxy Resin, Solution Epoxy Resin, Solvent Cut Epoxy), Formulation Type (DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, Others),  Application (Paints & Coatings, Adhesives & Sealants, Composites,  Electrical Encapsulations & Others),  End User (Building & Construction,  Transportation, General Industrial, Consumer Goods, Wind Power, Aerospace, Marine & Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East And Africa)  – Industry Trends and Forecast to 2026

Market Analysis: Global Epoxy Resin Market

Global epoxy resin market is expected to registering a substantial CAGR of 6.47% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2018. This rise in market value can be attributed to the increase in awareness regarding the benefits of epoxy resin and rising levels of adoption of the product.

Market Definition: Global Epoxy Resin Market

Epoxy resin is a raw material that is used as end- use chemical compound in paints and coatings. It is also used as powder which is applied in the electronic appliances. The key benefit of the epoxy resin is that it is synthesized with bio based epoxy curing agents to form plant oils, sugars, natural rubber and among others. Epoxy resins have the ability to keep the generator and transformers clean and free of short circuit.

Market Drivers:

  • Increasing demand for eco-friendly coating will drive the market growth
  • Increase demand by the aviation and automotive industry to make lightweight materials will also boost the growth of this market
  • Growing application in the aerospace industry acts as a driving factor in the forecast period
  • It is used to prepare wooden boats as they are not prone to tiny holes; this is another factor that drives the market growth

Market Restraints:    

  • Volatility in the prices of epoxy resins will hamper the growth of the market
  • Harmful effect of solvent borne coating on environment will also restrain the market growth
  • Availability of substitutes in the market can also restrict the growth of the market

Segmentation: Global Epoxy Resin Market

By Physical Form

  • Solid Epoxy Resin
  • Liquid Epoxy Resin
  • Solution Epoxy Resin
  • Solvent Cut Epoxy

By Formulation Type

  • Novolac
  • Aliphatic
  • Glycidylamine
  • Others  

By Application

  • Paints & Coatings
  • Adhesives & Sealants
  • Composites
  • Electrical Encapsulations
  • Others

By End User

  • Building & Construction
  • Transportation
  • General Industrial
  • Consumer Goods
  • Wind Power
  • Aerospace
  • Marine
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • France
    • Italy
    • U.K.
    • Belgium
    • Spain
    • Russia
    • Turkey
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • UAE
    • Saudi Arabia
    • Egypt
    • South Africa
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In January 2019, Sun Chemical announced the launch of EPICLON HP 4770 which is a functional naphthalene epoxy resin specially designed for formulators and engineers in the aerospace and transportation and electronic industry. It offers a wide range of solution such as improved mechanical properties and a good fibre wet out which reduces the problems of low water absorption and stiffness
  • In March 2019, Axalta launched a new resin VOLTACAST 3310 which is a new epoxy based casting resin system that enhances their energy portfolio. This new product has the ability to provide high thermal stability and conductivity to protect the movement and loosening of coils and wires when the motor runs. It is a made up of 2 component; epoxy resin and a hardener. It is also used to provide resistance to a variety of oils being used in the vehicle

Competitive Analysis:

Global epoxy resin market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of epoxy resin market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global epoxy resin market are BASF SE, Dow, DuPont de Nemours, Inc., Huntsman International LLC, 3M, KUKDO CHEMICALS CO. LTD., NAN YA PLASTICS CORPORATION, Hexion, Olin Corporation, Solvay, Chang Chun Group, NAMA Chemicals, Aditya Birla Chemicals, Sika AG, ASTRAL ADHESIVES, Eagle Chemicals, LEUNA-Harze GmbH, Spolek pro chemickou a hutni vyrobu, Elite Crete Systems, RBC Industries Inc, among others.

Research Methodology: Global Epoxy Resin Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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