Epoxy refers to any of the basic components or cured end products of epoxy resins, as well as a colloquial name for the epoxide functional group. Epoxy resins, also known as polyepoxides, are a class of reactive prepolymers and polymers which contain epoxide groups. Epoxy resins may be reacted (cross-linked) either with themselves through catalytic homopolymerisation, or with a wide range of co-reactants including polyfunctional amines, acids (and acid anhydrides), phenols, alcohols and thiols (usually called mercaptans). These co-reactants are often referred to as hardeners or curatives, and the cross-linking reaction is commonly referred to as curing. Reaction of polyepoxides with themselves or with polyfunctional hardeners forms a thermosetting polymer, often with favorable mechanical properties and high thermal and chemical resistance. Epoxy has a wide range of applications, including metal coatings, use in electronics/electrical components/LEDs, high tension electrical insulators, paint brush manufacturing, fiber-reinforced plastic materials, and adhesives for structural and other purposes.
This report contains market size and forecasts of Epoxy Resin in global, including the following market information:
Global Epoxy Resin Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Epoxy Resin Market Sales, 2017-2022, 2023-2028, (Kilotons)
Global top five Epoxy Resin companies in 2021 (%)
The global Epoxy Resin market was valued at 14080 million in 2021 and is projected to reach US$ 20540 million by 2028, at a CAGR of 5.5% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
DGBEA (Bisphenol A and ECH) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Epoxy Resin include Olin, Hexion, Nan Ya Plastics, Sanmu Group, Kukdo Chemical, Chang Chun Group, Huntsman, Bluestar and Jiangsu Yangnong Kumho Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Epoxy Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Epoxy Resin Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Epoxy Resin Market Segment Percentages, by Type, 2021 (%)
DGBEA (Bisphenol A and ECH)
DGBEF (Bisphenol F and ECH)
Novolac (Formaldehyde and Phenols)
Aliphatic (Aliphatic Alcohols)
Glycidylamine (Aromatic Amines and ECH)
Others
Global Epoxy Resin Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Epoxy Resin Market Segment Percentages, by Application, 2021 (%)
Paints and Coatings
Adhesives
Composites
Electrical and Electronics
Others
Global Epoxy Resin Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Epoxy Resin Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Epoxy Resin revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Epoxy Resin revenues share in global market, 2021 (%)
Key companies Epoxy Resin sales in global market, 2017-2022 (Estimated), (Kilotons)
Key companies Epoxy Resin sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Olin
Hexion
Nan Ya Plastics
Sanmu Group
Kukdo Chemical
Chang Chun Group
Huntsman
Bluestar
Jiangsu Yangnong Kumho Chemical
Sinopec
Epoxy Base Electronic Material
Kingboard
Kumho Petrochemical
Dalian Qihua
Leuna Harze
Spolchemie
Aditya Birla Chemicals
Atul Ltd
Sir Industriale