The global market for Epoxy Resins is estimated at US$13.9 Billion in 2023 and is projected to reach US$21.5 Billion by 2030, growing at a CAGR of 6.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the epoxy resins market is driven by several factors, including increasing demand in construction, automotive, and electronics industries, technological advancements, and evolving regulatory landscapes. The expansion of the construction industry, particularly in emerging economies, drives epoxy resin consumption for coatings and flooring systems. The automotive and aerospace industries' demand for lightweight and durable materials boosts the market for epoxy resins in composite applications.
Technological advancements in resin formulation and processing enhance the performance and environmental profile of epoxy resins, making them more competitive and sustainable. Additionally, regulatory measures promoting environmental protection and product safety shape the market landscape, encouraging the adoption of sustainable and responsible practices. These drivers highlight the dynamic and evolving nature of the epoxy resins market, balancing industrial demands with environmental sustainability.
The growth in the epoxy resins market is driven by several factors, including increasing demand in construction, automotive, and electronics industries, technological advancements, and evolving regulatory landscapes. The expansion of the construction industry, particularly in emerging economies, drives epoxy resin consumption for coatings and flooring systems. The automotive and aerospace industries' demand for lightweight and durable materials boosts the market for epoxy resins in composite applications.
Technological advancements in resin formulation and processing enhance the performance and environmental profile of epoxy resins, making them more competitive and sustainable. Additionally, regulatory measures promoting environmental protection and product safety shape the market landscape, encouraging the adoption of sustainable and responsible practices. These drivers highlight the dynamic and evolving nature of the epoxy resins market, balancing industrial demands with environmental sustainability.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the DGBEA segment, which is expected to reach US$7.3 Billion by 2030 with a CAGR of a 7.9%. The DGBEF segment is also set to grow at 6.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.7 Billion in 2023, and China, forecasted to grow at an impressive 11.1% CAGR to reach $5.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Epoxy Resins Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Epoxy Resins Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Epoxy Resins Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, Adhesives Technology Corp., Aditya Birla Chemicals (India) Limited, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 93 Featured):
- 3M Company
- Adhesives Technology Corp.
- Aditya Birla Chemicals (India) Limited
- Alchemie Ltd.
- Asahi Kasei Corporation
- Ashland Global Holdings Inc.
- Atul Ltd.
- BASF SE
- Chang Chun Plastics Co. LTD.
- Ciech
- CVC Thermoset Specialties
- Cytec Solvay Group
- DIC Corporation
- Epic Resins
- Evonik Industries AG
- Huntsman Corporation
- Jiangsu Sanmu Group Corporation
- KoreKote Advanced Epoxy Systems
- Kukdo Chemical Co. Ltd.
- LEUNA-Harze GmbH
- Mitsui Chemicals Inc.
- Nan Ya Plastics Corporation
- Nano-Tech Srl
- Olin Corporation
- RBC Industries Inc.
- Reichhold Inc.
- Resoltech SAS
- Robnor Resins Ltd.
- Sicomin Epoxy Systems
- SIR Industriale SpA
- Spolchemie A.S.
- Sumitomo Bakelite Co. Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 3M Company
- Adhesives Technology Corp.
- Aditya Birla Chemicals (India) Limited
- Alchemie Ltd.
- Asahi Kasei Corporation
- Ashland Global Holdings Inc.
- Atul Ltd.
- BASF SE
- Chang Chun Plastics Co. LTD.
- Ciech
- CVC Thermoset Specialties
- Cytec Solvay Group
- DIC Corporation
- Epic Resins
- Evonik Industries AG
- Huntsman Corporation
- Jiangsu Sanmu Group Corporation
- KoreKote Advanced Epoxy Systems
- Kukdo Chemical Co. Ltd.
- LEUNA-Harze GmbH
- Mitsui Chemicals Inc.
- Nan Ya Plastics Corporation
- Nano-Tech Srl
- Olin Corporation
- RBC Industries Inc.
- Reichhold Inc.
- Resoltech SAS
- Robnor Resins Ltd.
- Sicomin Epoxy Systems
- SIR Industriale SpA
- Spolchemie A.S.
- Sumitomo Bakelite Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 219 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 13.9 Billion |
Forecasted Market Value ( USD | $ 21.5 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |