Epoxy Resins Market

Transparency Market
Research
Epoxy Resins Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
Published Date
21-July-2014
84 Page Report
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Press Release
Global Epoxy Resins Market to Reach US$10.55 Billion due to
Surging Demand from the Paints and Coatings Market : TMR
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Epoxy Resins Market
REPORT DESCRIPTION
Epoxy Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
The Global Epoxy Resins Market is undergoing many changes. According to Transparency Market Research,
favorable trends such as growing innovation will drive the global epoxy resins market significantly. By 2020, the
global epoxy resins market is projected to be worth more than US$10.5 bn, up from its estimated value of
US$6.6 bn in 2013. One of the strongest trends the global epoxy resins market will witness in the coming few
years is that of innovation.
Prominent Innovation-related Trends and Projects and Events
On the basis of application, the global epoxy resins market is segmented into adhesives, electrical and
electronics, construction, composites, wind energy, paints and coatings, and others. At present, the market is
experiencing rising demand for epoxy resins from the aerospace and wind energy industry. This, in turn, is
pushing players in the global epoxy resins market to innovate products suitable for aerospace and wind energy
applications.
Innovation in the global epoxy resins market can be seen in several ways. Let us take a look at the top
innovation-related trends projected to shape the dynamics of the global epoxy resins market.
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Trend #1 – Companies Coming Together to Innovate
Many major corporations are collaborating in the global epoxy resins market to drive product innovation, in
order to benefit from shared know-how and to minimize expenditure of various resources.
In Sep 2015, a letter was signed between the firms Haydale Composites Solutions (HCS, U.K.) and Huntsman
Advanced Materials (Switzerland) to initiate a joint development and commercialization project. According to
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this agreement, Haydale will be involved in functionalizing graphene nano platelets by deploying a proprietary
process and add these platelets to Huntsman’s ARALDITE epoxy resins in order to create a highly loaded
masterbatch.
Trend #2 – Rising Funding from Governments to Innovation
Many government organizations are funding private organizations to develop innovative products for
applications in sectors such as aerospace.
Recently, the National Aerospace Technology Exploitation Programme (NATEP), U.K. entered into a
collaborative project lasting 18 months with a private firm. The aim of this project is to develop a highly
conductive epoxy resin via the addition of functionalized graphene. This project includes two end users – BAE
Systems and Airbus UK.
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Trend #3 – Making more Sustainable Products by Deploying Innovation
Keeping in mind the rising demand for more sustainable products, companies are increasingly launching
products composed from recycled materials.
SGL Group has innovated an epoxy resin that is made using recycled carbon fibers. By deploying a new
manufacturing process, the firm has used recycled carbon fibers that have almost isotropic mechanical
properties. This innovation in the global epoxy resins market is expected to open up new applications.
Although the global epoxy resins market is worth billions, there are some factors that are proving to be a
challenge for the market. For instance, the fluctuations in prices of raw materials used to manufacture epoxy
resins will suppress the market.
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The way major companies in the epoxy resins market react to the challenge posed by raw material prices will
determine the direction the global market will take in the coming years.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.2.1 Global epoxy resins market segmentation, by application and region
1.3 Research scope
1.3.1 Assumptions
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global epoxy resins market, 2013 – 2020 (Kilo Tons) (USD Million)
Chapter 3 Epoxy Resins – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market Drivers
3.3.1 Global demand for paints & coatings augments the growth of the epoxy resins market
3.3.1.1 Global paints & coatings market revenue, 2013 - 2020 (USD Billion)
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3.3.2 Growing demand for epoxy resin-based composites in aerospace industry and wind energy
3.3.2.1 Raw materials used in aircraft manufacturing
3.3.2.2 Global general aviation composite structures volume, 2013 - 2020 (Metric Tons)
3.3.2.3 Global wind turbine market revenue, 2013 - 2020 (USD Billion)
3.4 Restraints
3.4.1 High demand of raw materials from other applications and fluctuations in prices of raw materials
inhibit epoxy resin market growth
3.4.1.1 Global bisphenol A consumption, by application, 2013
3.4.1.2 Bisphenol A price trends, 2011 – 2013 (USD/Ton)
3.4.1.3 Epichlorohydrin price trends, 2011 - 2013 (USD/Ton)
3.5 Opportunities
3.5.1 Shift towards bio-based epoxy resins in the upcoming years
3.6 Porter’s Five Forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Company market share analysis
3.7.1 Epoxy resins market: Company market share analysis, 2013
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3.8 Market Attractiveness
3.8.1 Epoxy resins market: Market attractiveness analysis, by application
Chapter 4 Epoxy Resins market - Application Analysis
4.1 Global epoxy resins market: Application overview
4.1.1 Global epoxy resins market revenue share, by application, 2013 & 2020
4.2 Paints & coatings
4.2.1 Global epoxy resins market for paints & coatings application, 2013 - 2020, (Kilo Tons) (USD Million)
4.3 Wind energy
4.3.1 Global epoxy resins market for wind energy application, 2013 - 2020, (Kilo Tons) (USD Million)
4.4 Composites
4.4.1 Global epoxy resins market for composites application, 2013 - 2020, (Kilo Tons) (USD Million)
4.5 Construction
4.5.1 Global epoxy resins market for construction application, 2013 - 2020, (Kilo Tons) (USD Million)
4.6 Electrical & electronics
4.6.1 Global epoxy resins market for electrical & electronics application, 2013 - 2020, (Kilo Tons) (USD
Million)
4.7 Adhesives
4.7.1 Global epoxy resins market for adhesives application, 2013 - 2020, (Kilo Tons) (USD Million)
4.8 Others (Vinyl gloves, metal protection, handbags, eye glasses, plastic tooling)
4.8.1 Global epoxy resins market for other applications, 2013 - 2020, (Kilo Tons) (USD Million)
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Chapter 5 Epoxy Resins Market - Regional Analysis
5.1 Global epoxy resins market: Regional overview
5.1.1 Global epoxy resins market share, by region, 2013 & 2020
5.2 North America
5.2.1 North America epoxy resins market volume, by application, 2013 - 2020 (Kilo Tons)
5.2.2 North America epoxy resins market revenue, by application, 2013 - 2020 (USD Million)
5.3 Europe
5.3.1 Europe epoxy resins market volume, by application, 2013 - 2020 (Kilo Tons)
5.3.2 Europe epoxy resins market revenue, by application, 2013 - 2020 (USD Million)
5.4 China
5.4.1 China epoxy resins market volume, by application, 2013 - 2020 (Kilo Tons)
5.4.2 China epoxy resins market revenue, by application, 2013 - 2020 (USD Million)
5.5 Rest of Asia Pacific
5.5.1 Rest of Asia Pacific epoxy resins market volume, by application, 2013 - 2020 (Kilo Tons)
5.5.2 Rest of Asia Pacific epoxy resins market revenue, by application, 2013 - 2020 (USD Million)
5.6 Rest of the World (RoW)
5.6.1 Rest of the World epoxy resins market volume, by application, 2013 - 2020 (Kilo Tons)
5.6.2 Rest of the World epoxy resins market revenue, by application, 2013 - 2020 (USD Million)
Chapter 6 Company Profiles
6.1 BASF SE
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6.1.1 Company overview
6.1.2 Product portfolio
6.1.3 Financial overview
6.1.4 Business strategies
6.1.5 SWOT analysis
6.1.6 Recent developments
6.2 Huntsman Corporation
6.2.1 Company overview
6.2.2 Product portfolio
6.2.3 Financial overview
6.2.4 Business strategy
6.2.5 SWOT analysis
6.2.6 Recent developments
6.3 The Dow Chemical Company
6.3.1 Company overview
6.3.2 Product portfolio
6.3.3 Financial overview
6.3.4 Business strategies
6.3.5 SWOT analysis
6.3.6 Recent developments
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6.4 3M Company
6.4.1 Company overview
6.4.2 Product portfolio
6.4.3 Financial overview
6.4.4 Business strategy
6.4.5 SWOT analysis
6.5 DuPont
6.5.1 Company overview
6.5.2 Financial overview
6.5.3 Business strategy
6.5.4 SWOT analysis
6.6 Aditya Birla Chemicals Ltd (Thailand)
6.6.1 Company overview
6.6.2 Business strategy
6.6.3 SWOT analysis
6.6.4 Recent developments
6.7 Momentive Specialty Chemicals Inc.
6.7.1 Company overview
6.7.2 Financial overview
6.7.3 Business strategy
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6.7.4 SWOT analysis
6.7.5 Recent developments
6.8 Nan Ya Plastics Corporation
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 SWOT analysis
6.9 Kukdo Chemical Ltd.
6.9.1 Company overview
6.9.3 Business strategy
6.9.4 SWOT analysis
6.10 NAMA Chemicals
6.10.1 Company overview
6.10.2 Financial overview
6.10.3 Business strategy
6.10.4 SWOT analysis
6.10.5 Recent developments
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