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Epoxy Resins Market for Paints & Coatings, Wind Energy, Composites, Construction, Electrical & Electronics, Adhesives and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 - 2020

Published: Nov-2015 | Format: PDF | Zion | Number of pages: 110 | Code: MRS - 38104


The report covers forecast and analysis for the epoxy resins market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (Kilo Tons) and revenue (USD Million). The study includes drivers and restraints for the epoxy resins market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the epoxy resins market on a global level.

In order to give the users of this report a comprehensive view on the epoxy resins market, we have included a detailed competitive scenario, buying criteria and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the epoxy resins market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the epoxy resins market by segmenting the market based on applications and regions. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key application markets covered under this study includes the use of this epoxy resins in paints & coatings, wind energy, composites, construction, electrical & electronics, and other applications. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further, Bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for epoxy resins based on individual applications in all the regions and countries.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market Dow Chemical Company, Nan Ya Plastic Corporation, Momentive Specialty Chemicals Inc., Sika AG, Kukdo Chemical Co. Ltd., Cytec, Huntsman Corporation, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling Petrochemical, Spol Chemie and Ashland Inc. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.

This report segments the global epoxy resins market as follows:

Global Epoxy Resins Market: Application Segment Analysis

  • Paints & coatings
  • Wind energy
  • Composites
  • Construction
  • Electrical & electronics
  • Others

Global Epoxy Resins Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

 

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global epoxy resins market, 2014 - 2020 (USD Million)
    • 2.2. Global epoxy resins market : Snapshot
  • Chapter 3. Global Epoxy Resins Market: Industry Analysis
    • 3.1. Epoxy resins: Market dynamics
    • 3.2. Value chain analysis
    • 3.3. Market drivers
      • 3.3.1. Drivers for global epoxy resins market: Impact analysis
      • 3.3.2. Rising demand for epoxy resin based composites
    • 3.4. Market restraints
      • 3.4.1. Restraints for global epoxy resins market: Impact analysis
      • 3.4.2. High row material cost
    • 3.5. Opportunities
      • 3.5.1. Research and development
    • 3.6. Porter’s five forces analysis
    • 3.7. Market attractiveness analysis
      • 3.7.1. Market attractiveness analysis, by application segment
      • 3.7.2. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Epoxy resins Market – Competitive Landscape
    • 4.1. Company market share, 2014
    • 4.2. Production capacity (subject to data availability)
    • 4.3. Raw material analysis
    • 4.4. Price trend analysis
  • Chapter 5. Global Epoxy Resins market - Application Segment Analysis
    • 5.1. Global epoxy resins market: Application overview
      • 5.1.1. Global epoxy resins market revenue share, by application, 2014 and 2020
    • 5.2. Paints & coatings
      • 5.2.1. Global epoxy resins market for paints & coatings, 2014 - 2020, (Kilo Tons) (USD Million)
    • 5.3. Wind energy
      • 5.3.1. Global epoxy resins market for wind energy, 2014 - 2020, (Kilo Tons) (USD Million)
    • 5.4. Composites
      • 5.4.1. Global epoxy resins market for composites, 2014 - 2020, (Kilo Tons) (USD Million)
    • 5.5. Construction
      • 5.5.1. Global epoxy resins market for construction, 2014 - 2020, (Kilo Tons) (USD Million)
    • 5.6. Electrical & electronics
      • 5.6.1. Global epoxy resins market for electrical & electronics, 2014 - 2020, (Kilo Tons) (USD Million)
    • 5.7. Adhesives
      • 5.7.1. Global epoxy resins market for adhesives, 2014 - 2020, ( Kilo Tons) (USD Million)
    • 5.8. Others
      • 5.8.1. Global epoxy resins market for other, 2014 - 2020, (Kilo Tons) (USD Million)
  • Chapter 6. Global Epoxy Resins Market – Regional Segment Analysis
    • 6.1. Global epoxy resins market: Regional overview
    • 6.1.1. Global epoxy resins market volume share, by region, 2014 and 2020
    • 6.2. North America
      • 6.2.1. North America epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
      • 6.2.2. North America epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
      • 6.2.3. U.S.
        • 6.2.3.1. U.S. epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
        • 6.2.3.2. U.S. epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe epoxy resins market volume, by application, 2014 – 2020 ( Kilo Tons)
      • 6.3.2. Europe epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
      • 6.3.3. Germany
        • 6.3.3.1. Germany epoxy resins market volume, by application, 2014 – 2020, (Kilo Tons)
        • 6.3.3.2. Germany epoxy resins market revenue, by application, 2014 – 2020, (USD Million)
      • 6.3.4. France
        • 6.3.4.1. France epoxy resins market volume, by application, 2014 – 2020, (Kilo Tons)
        • 6.3.4.2. France epoxy resins market revenue, by application, 2014 – 2020, (USD Million)
      • 6.3.5. UK
        • 6.3.5.1. UK epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
        • 6.3.5.2. UK epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific epoxy resins market volume, by application, 2014 – 2020, (Kilo Tons)
      • 6.4.2. Asia Pacific epoxy resins market revenue, by application, 2014 – 2020, (USD Million)
      • 6.4.3. China
        • 6.4.3.1. China epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
        • 6.4.3.2. China epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
      • 6.4.4. Japan
        • 6.4.4.1. Japan epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
        • 6.4.4.2. Japan epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
      • 6.4.5. India
        • 6.4.5.1. India epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
        • 6.4.5.2. India epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
      • 6.5.2. Latin America epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
      • 6.5.3. Brazil
        • 6.5.3.1. Brazil epoxy resins market volume, by application, 2014 – 2020 ( Kilo Tons)
        • 6.5.3.2. Brazil epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
    • 6.6. Middle East and Africa
      • 6.6.1. Middle East and Africa epoxy resins market volume, by application, 2014 – 2020 (Kilo Tons)
      • 6.6.2. Middle East and Africa epoxy resins market revenue, by application, 2014 – 2020 (USD Million)
  • Chapter 7. Company Profile
    • 7.1. BASF SE
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Huntsman Corporation
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. The Dow Chemical Company
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. 3M Company
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. DuPont
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Nan Ya Plastics Corporation
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Momentive Specialty Chemicals Inc.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. NAMA Chemicals
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Aditya Birla Chemicals Ltd (Thailand)
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product portfolio
      • 7.9.4. Business strategy
      • 7.9.5. Recent developments
    • 7.10. Ashland Inc.
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product portfolio
      • 7.10.4. Business strategy
      • 7.10.5. Recent developments

 


List of Tables

1. Epoxy resins market: Market snapshot
2. Drivers for global epoxy resins market: Impact analysis
3. Restraints for global epoxy resins market: Impact analysis
4. North America epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
5. North America epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
6. U.S epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
7. U.S epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
8. Europe epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
9. Europe epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
10. Germany epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
11. Germany epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
12. France epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
13. France epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
14. UK epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
15. UK epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
16. Asia Pacific epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
17. Asia Pacific epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
18. China epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
19. China epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
20. Japan epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
21. Japan epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
22. India epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
23. India epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
24. Latin America epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
25. Latin America epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
26. Brazil epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
27. Brazil epoxy resins market revenue, by application, 2014 - 2020 (USD Million)
28. Middle East and Africa epoxy resins market volume, by application, 2014 - 2020 (Kilo Tons)
29.  Middle East and Africa epoxy resins market revenue, by application, 2014 - 2020 (USD Million)


List of Figures

1. Market research process
2. Market research methodology
3. Global epoxy resins market volume and revenue, 2014 - 2020 (Kilo Tons) (USD Million)
4. Value chain analysis
5. Global epoxy resins market, price trend , 2014 – 2020 (USD/ Kilo Tons)
6. Porter’s Five Forces analysis for epoxy resins market
7. Epoxy resins: Market attractiveness analysis, by application segment
8. Epoxy resins: Market attractiveness analysis, by region segment
9. Company market share analysis, 2014
10. Global epoxy resins market volume share, by application, 2013 and 2020
11. Global epoxy resins market for paints and coatings application, 2014-2020 (Kilo Tons) (USD Million)
12. Global epoxy resins market for Wind energy applications, 2014-2020 (Kilo Tons) (USD Million)
13. Global epoxy resins market for composites applications, 2014-2020 (Kilo Tons) (USD Million)
14. Global epoxy resins market for electrical and electronics applications, 2014-2020 (Kilo Tons) (USD Million)
15. Global epoxy resins market for adhesive application, 2014-2020 (Kilo Tons) (USD Million)
16. Global epoxy resins market construction, 2014-2020 (Kilo Tons) (USD Million)
17. Global epoxy resins market for other applications, 2014-2020 (Kilo Tons) (USD Million)
18. Global epoxy resins market volume share, by region, 2014-2020

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Zion Research uses the synergy of combination of both primary research and secondary research for its research reports. For this study, we have conducted extensive primary research, wherein we have conducted in-depth interviews of the key opinion leader of this industry. Primary research make up for the biggest chunk of our data sources in addition to secondary research.

We referred to product literature of leading industry participants, annual reports, press releases, government publications, and other relevant sources for data collection and analysis thereof. Secondary research also includes a search of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.  

Zion Research has collected key data related to the Epoxy Resins Market and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso, and macroeconomic indicators of the market.

This report is based on in-depth qualitative and quantitative analyses of the Global Epoxy Resins Market. The quantitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically partake in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Based on the research results and technical insights thus gathered, Zion research analysts have provided a comprehensive analysis of the varied aspects of the market. The impact of global economic conditions and other macroeconomic indicators was also considered when assessing the market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Epoxy resins are low molecular weight pre-polymers or higher molecular weight polymers. Epoxy resin is defined as a molecule containing more than one epoxide groups. Epoxy resins are polymeric or semi-polymeric materials, made from a class of synthetic thermosetting polymers containing epoxide functional groups. Epoxy resins exhibit various properties that are impossible with other thermoset resins. Epoxy resin exists in variety of physical forms owing to this they are acquiescent to host of applications and process. Major application markets for epoxy resin includes paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others.

Epoxy resins market is mainly driven by strong demand from paints & coatings and adhesives industry. Epoxy resin coatings are used to improve adhesion in marine, automotive and other industrial applications. Increasing disposable income has been resulted into strong growth of end-user industries such as automotive, electrical & electronics, etc. This in turn is expected to drive demand for epoxy resins. Bisphenol A, epichlorohydrin, phenols, aliphatic alcohols and aromatic amines are some of the important raw materials used in the manufacture of epoxy resins. However, fluctuation in prices of key raw materials of epoxy resin is expected to be major concern for the manufacturers. Introduction of bio-based epoxy resins is projected to provide immense opportunities to the market in the near future.

Epoxy Resins Market

Paints & coatings, wind energy, composites, construction, electrical & electronics, adhesives and others are the key applications for epoxy resins. Paints and coating was the largest application segment for epoxy resins with over 40% share of total epoxy resins consumed in 2014. Electrical and electronics was the second largest application market for epoxy resins in 2014. Epoxy resins are widely used in the manufacture of insulators, motors, generators and switchgears.

Asia Pacific region was the leading regional market for epoxy resins with over 60% share in total volume consumed in 2014. China accounted for huge share of Asia Pacific market. Demand for epoxy resins from paints & coatings and electrical & electronics applications in countries like China, Japan, South Korea and India is a major driving factor for epoxy resins market in the region. North America, Europe, Latin America and Middle East & Africa accounted for nominal share of the global epoxy resins market. Europe was the second largest regional market for epoxy resins followed by North America.

Some of the major industry participants in the global epoxy resins market include the Dow Chemical Company, Nan Ya Plastic Corporation, Momentive Specialty Chemicals Inc., Sika AG, Kukdo Chemical Co. Ltd., Cytec, Huntsman Corporation, NAMA Chemicals, 3M Company, Du Pont, BASF SE, Baling Petrochemical, Spol Chemie and Ashland Inc.


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