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Europe Epoxy Resin Market Size, Share & Trends Analysis Report By Form (Liquid, and Solid), By Application (Paints & Coatings, Adhesives & Sealants, Composites, Electronic Encapsulation, and Others), By Type, By End-use, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 195 Pages
  • March 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953707
The Europe Epoxy Resin Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 410.60 kilo tonnes, showcasing a growth of 5.4% (2019-2022).

In the epoxy resin market, paints and coatings represent a significant application segment, accounting for a substantial portion of the overall demand. It is widely utilized as binders and film formers in paints and coatings due to their exceptional adhesion, chemical resistance, mechanical strength, and durability. Therefore, the Germany market would utilize 68.65 kilo tonnes of epoxy resin in paints and coatings segment by 2030.



The Germany market dominated the Europe Epoxy Resin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $721 million by 2030. The UK market is registering a CAGR of 5.1% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 6.8% during (2023 - 2030).

It is used to reinforce and repair the construction industry's concrete, masonry, and steel structures. Epoxy-based composites, such as carbon fiber reinforced polymers (CFRP) and glass fiber reinforced polymers (GFRP), enhance the strength, stiffness, and durability of buildings, bridges, tunnels, and infrastructure. For example, in 2022, the U.K. Government planned to invest over 160 million dollars to improve infrastructure and aid local communities. The expenditure of £35.3 million for essential maintenance on the Tyne Bridge and adjacent Central Motorway, like enhancements to traffic management and cycle route facilities, will generate £130.5 million in economic benefits by enhancing local connectivity. The A35 Redbridge Causeway is a crucial link between the New Forest, Southampton, and its port. Its essential maintenance will cost £13.4 million, and enhanced connectivity will result in roughly £340 million in direct economic benefits.

Epoxy flooring systems are popular for their durability, chemical resistance, and decorative options in commercial, industrial, and residential settings. Epoxy coatings and overlays provide seamless, easy-to-clean surfaces that withstand heavy foot traffic, abrasion, chemicals, and moisture, making them ideal for warehouses, garages, laboratories, and healthcare facilities. For example, as per the International Trade Administration (ITA), in 2023, Saudi Arabia spent $50.4 billion on healthcare and social development, 16.96 percent of its 2023 budget, and education's second largest line item.

The transition towards electric and hybrid vehicles (EVs and HEVs) in the European automotive industry presents opportunities for epoxy resin materials. Epoxy resin materials are crucial in producing EV battery enclosures, structural components, and lightweighting solutions to optimize energy efficiency and extend the European vehicle range. The rising demand for electric and hybrid vehicles in Europe is driving the use of materials based on epoxy resin, which is helping the automotive sector expand its market. Its manufacturers in Europe increasingly focus on sustainability and environmental stewardship in their product development and manufacturing processes. Epoxy resin composites enable greater design freedom and flexibility than traditional materials, allowing automakers to create complex shapes, aerodynamic profiles, and innovative vehicle architectures in Europe. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Form, the market is segmented into Liquid, and Solid. Based on Application, the market is segmented into Paints & Coatings, Adhesives & Sealants, Composites, Electronic Encapsulation, and Others. Based on Type, the market is segmented into DGBEA (Bisphenol A & ECH), DGBEF (Bisphenol F & ECH), Novolac (Formaldehyde & Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines & ECH), and Others. Based on End-use, the market is segmented into Building & Construction, Transportation, General Industrial, Consumer Goods, Wind Energy, Aerospace, Marine & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Atul Ltd.
  • BASF SE
  • Huntsman Corporation
  • Nan Ya Plastics Corp. (NPC)
  • Solvay SA
  • The Dow Chemical Company
  • Olin Corporation
  • Mitsubishi Chemical Holdings Corporation
  • DIC Corporation
  • Hexion Inc. (Hexion Intermediate Holding 2, Inc.)

Market Report Segmentation

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Liquid
  • Solid
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Paints & Coatings
  • Adhesives & Sealants
  • Composites
  • Electronic Encapsulation
  • Others
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • DGBEA (Bisphenol A & ECH)
  • DGBEF (Bisphenol F & ECH)
  • Novolac (Formaldehyde & Phenols)
  • Aliphatic (Aliphatic Alcohols)
  • Glycidylamine (Aromatic Amines & ECH)
  • Others
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Building & Construction
  • Transportation
  • General Industrial
  • Consumer Goods
  • Wind Energy
  • Aerospace
  • Marine & Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Epoxy Resin Market, by Form
1.4.2 Europe Epoxy Resin Market, by Application
1.4.3 Europe Epoxy Resin Market, by Type
1.4.4 Europe Epoxy Resin Market, by End-use
1.4.5 Europe Epoxy Resin Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Epoxy Resin Market
Chapter 5. Europe Epoxy Resin Market by Form
5.1 Europe Liquid Market by Country
5.2 Europe Solid Market by Country
Chapter 6. Europe Epoxy Resin Market by Application
6.1 Europe Paints & Coatings Market by Country
6.2 Europe Adhesives & Sealants Market by Country
6.3 Europe Composites Market by Country
6.4 Europe Electronic Encapsulation Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Epoxy Resin Market by Type
7.1 Europe DGBEA (Bisphenol A & ECH) Market by Country
7.2 Europe DGBEF (Bisphenol F & ECH) Market by Country
7.3 Europe Novolac (Formaldehyde & Phenols) Market by Country
7.4 Europe Aliphatic (Aliphatic Alcohols) Market by Country
7.5 Europe Glycidylamine (Aromatic Amines & ECH) Market by Country
7.6 Europe Others Market by Country
Chapter 8. Europe Epoxy Resin Market by End-use
8.1 Europe Building & Construction Market by Country
8.2 Europe Transportation Market by Country
8.3 Europe General Industrial Market by Country
8.4 Europe Consumer Goods Market by Country
8.5 Europe Wind Energy Market by Country
8.6 Europe Aerospace Market by Country
8.7 Europe Marine & Others Market by Country
Chapter 9. Europe Epoxy Resin Market by Country
9.1 Germany Epoxy Resin Market
9.1.1 Germany Epoxy Resin Market by Form
9.1.2 Germany Epoxy Resin Market by Application
9.1.3 Germany Epoxy Resin Market by Type
9.1.4 Germany Epoxy Resin Market by End-use
9.2 UK Epoxy Resin Market
9.2.1 UK Epoxy Resin Market by Form
9.2.2 UK Epoxy Resin Market by Application
9.2.3 UK Epoxy Resin Market by Type
9.2.4 UK Epoxy Resin Market by End-use
9.3 France Epoxy Resin Market
9.3.1 France Epoxy Resin Market by Form
9.3.2 France Epoxy Resin Market by Application
9.3.3 France Epoxy Resin Market by Type
9.3.4 France Epoxy Resin Market by End-use
9.4 Russia Epoxy Resin Market
9.4.1 Russia Epoxy Resin Market by Form
9.4.2 Russia Epoxy Resin Market by Application
9.4.3 Russia Epoxy Resin Market by Type
9.4.4 Russia Epoxy Resin Market by End-use
9.5 Spain Epoxy Resin Market
9.5.1 Spain Epoxy Resin Market by Form
9.5.2 Spain Epoxy Resin Market by Application
9.5.3 Spain Epoxy Resin Market by Type
9.5.4 Spain Epoxy Resin Market by End-use
9.6 Italy Epoxy Resin Market
9.6.1 Italy Epoxy Resin Market by Form
9.6.2 Italy Epoxy Resin Market by Application
9.6.3 Italy Epoxy Resin Market by Type
9.6.4 Italy Epoxy Resin Market by End-use
9.7 Rest of Europe Epoxy Resin Market
9.7.1 Rest of Europe Epoxy Resin Market by Form
9.7.2 Rest of Europe Epoxy Resin Market by Application
9.7.3 Rest of Europe Epoxy Resin Market by Type
9.7.4 Rest of Europe Epoxy Resin Market by End-use
Chapter 10. Company Profiles
10.1 Atul Ltd.
10.1.1 Company Overview
10.2 BASF SE
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Huntsman Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segment and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Nan Ya Plastics Corp. (NPC)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 SWOT Analysis
10.5 Solvay SA
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 The Dow Chemical Company
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 SWOT Analysis
10.7 Olin Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 SWOT Analysis
10.8 Mitsubishi Chemical Holdings Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 DIC Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Hexion Inc. (Hexion Intermediate Holding 2, Inc.)
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.3 SWOT Analysis"

Companies Mentioned

  • Atul Ltd.
  • BASF SE
  • Huntsman Corporation
  • Nan Ya Plastics Corp. (NPC)
  • Solvay SA
  • The Dow Chemical Company
  • Olin Corporation
  • Mitsubishi Chemical Holdings Corporation
  • DIC Corporation
  • Hexion Inc. (Hexion Intermediate Holding 2, Inc.)

Methodology

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