[Latest] Global Epoxy Resin Market Size/Share Worth USD 17.6 Billion by 2033 at a 6.9% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

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[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Epoxy Resin Market size & share revenue was valued at approximately USD 8.2 Billion in 2023 and is expected to reach USD 8.9 Billion in 2024 and is expected to reach around USD 17.6 Billion by 2033, at a CAGR of 6.9% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Huntsman Corporation, Hexion Inc., Dow Inc., BASF SE, 3M Company, Olin Corporation, Aditya Birla Chemicals, Kukdo Chemical Co. Ltd., Sika AG, Momentive Performance Materials Inc., Nan Ya Plastics Corporation, Atul Ltd., Evonik Industries AG, Ashland Global Holdings Inc., Mitsui Chemicals Inc., DIC Corporation, Sinopec Corporation, Araldite, Cardolite Corporation, West System Epoxy, and others.

Austin, TX, USA, July 08, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled Epoxy Resin Market Size, Trends and Insights By Form (Solid, Liquid), By Type (DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, Others), By Application (Paints & Coatings, Adhesives & sealants, Composites, Electronic Encapsulation, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 in its research database.

“According to the latest research study, the demand of global Epoxy Resin Market size & share was valued at approximately USD 8.2 Billion in 2023 and is expected to reach USD 8.9 Billion in 2024 and is expected to reach a value of around USD 17.6 Billion by 2033, at a compound annual growth rate (CAGR) of about 6.9% during the forecast period 2024 to 2033.”

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Epoxy Resin Market: Overview

Epoxy resin is a thermosetting polymer that, when coupled with a hardener, undergoes a chemical reaction known as curing, resulting in a rigid and durable substance. It is widely utilized throughout sectors because of its great adhesive characteristics, high strength, chemical resistance, and adaptability.

An important worldwide trend in the epoxy resin market is the growing desire for eco-friendly and sustainable formulas. With rising environmental concerns and regulatory demands, there is a trend towards the development and use of epoxy resins with fewer VOC (volatile organic compound) emissions, decreased toxicity, and improved biodegradability.

This movement is fueled by a variety of causes, including customer preferences for ecologically friendly products, company sustainability programmes, and government policies encouraging green chemical practices. Furthermore, scientific breakthroughs have resulted in the development of bio-based and renewable epoxy resin substitutes generated from plant oils and biomass.

Businesses are investing in R&D to create greener epoxy resin compositions that preserve performance and cost-effectiveness. As sustainability gains importance throughout businesses, the demand for eco-friendly epoxy resins is expected to continue growing, shaping the future of the global epoxy resin market.

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By form, the liquid segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The demand for liquid epoxy resin is expanding because of its adaptability, high-performance qualities, and uses in sectors such as construction, automobile electronics, coatings, and adhesives.

By type, the DGBEA segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The trend in DGBEA epoxy resin includes a growing demand for powerful epoxy formulations in industries such as aerospace, automotive, electronics, and construction due to their excellent mechanical properties and versatility.

By application, the paints & coatings segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In the paint & coatings sector, there is a rising emphasis on eco-friendly formulas, sustainable raw material procurement, and new technologies to improve durability and performance.

The epoxy resin market in Asia-Pacific is expanding rapidly, owing to rapid industrialization, infrastructure development, and increased application in developing sectors like as wind energy and electronics.

Dow Inc. is a materials science firm. The Dow Chemical Co. operates as a completely owned subsidiary. The company’s product range includes plastics, performance materials, coatings and silicones, as well as industrial intermediates.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 8.9 Billion
Projected Market Size in 2033 USD 17.6 Billion
Market Size in 2023 USD 8.2 Billion
CAGR Growth Rate 6.9% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Form, Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Epoxy Resin report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request.
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
  • Includes Tables and figures have been updated.
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Epoxy Resin report has been modified to include the COVID-19 impact study prior to delivery.)

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CMI has comprehensively analyzed the Global Epoxy Resin market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict depth scenarios of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Epoxy Resin industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

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Key questions answered in this report:

  • What is the size of the Epoxy Resin market and what is its expected growth rate?
  • What are the primary driving factors that push the Epoxy Resin market forward?
  • What are the Epoxy Resin Industry’s top companies?
  • What are the different categories that the Epoxy Resin Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Epoxy Resin market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2024−2033
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Epoxy Resin Market: Regional Analysis

By region, Epoxy Resin market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific dominated the global Epoxy Resin market in 2023 with a market share of 41.6% and is expected to keep its dominance during the forecast period 2024-2033.

Asia-Pacific fast industrialization and urbanization in nations such as China, India, and Japan have raised the demand for epoxy resins in the construction, automobile electronics, and aerospace industries. Furthermore, the region’s increasing infrastructure projects, fuelled by government spending, drive up demand for epoxy resin-based components.

Furthermore, the increased use of epoxy resins in new industries including wind energy, marine coatings, and electrical laminates helps to drive market growth. Moreover, the Asia-Pacific area benefits from a strong industrial base and technical breakthroughs, which promote innovation and product development in epoxy resin applications.

With favourable economic circumstances, growing disposable incomes, and evolving consumer preferences for long-lasting and high-performance materials, the Asia-Pacific region is a prominent driver of development in the worldwide epoxy resin market.

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Browse the full Epoxy Resin Market Size, Trends and Insights By Form (Solid, Liquid), By Type (DGBEA, DGBEF, Novolac, Aliphatic, Glycidylamine, Others), By Application (Paints & Coatings, Adhesives & sealants, Composites, Electronic Encapsulation, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Report at https://www.custommarketinsights.com/report/epoxy-resin-market/

List of the prominent players in the Epoxy Resin Market:

  • Huntsman Corporation
  • Hexion Inc.
  • Dow Inc.
  • BASF SE
  • 3M Company
  • Olin Corporation
  • Aditya Birla Chemicals
  • Kukdo Chemical Co. Ltd.
  • Sika AG
  • Momentive Performance Materials Inc.
  • Nan Ya Plastics Corporation
  • Atul Ltd.
  • Evonik Industries AG
  • Ashland Global Holdings Inc.
  • Mitsui Chemicals Inc.
  • DIC Corporation
  • Sinopec Corporation
  • Araldite
  • Cardolite Corporation
  • West System Epoxy
  • Others

Click Here to Access a Free Sample Report of the Global Epoxy Resin Market @ https://www.custommarketinsights.com/report/epoxy-resin-market/

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The Epoxy Resin Market is segmented as follows:

By Form

  • Solid
  • Liquid

By Type

  • DGBEA
  • DGBEF
  • Novolac
  • Aliphatic
  • Glycidylamine
  • Others

By Application

  • Paints & Coatings
  • Adhesives & sealants
  • Composites
  • Electronic Encapsulation
  • Others

Click Here to Get a Free Sample Report of the Global Epoxy Resin Market @ https://www.custommarketinsights.com/report/epoxy-resin-market/

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

This Epoxy Resin Market Research/Analysis Report Contains Answers to the following Questions.

  • Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Epoxy Resin Market? What are Their Company Profile, Product Information, and Contact Information?
  • What Was the Global Market Status of the Epoxy Resin Market? What Was the Capacity, Production Value, Cost and PROFIT of the Epoxy Resin Market?
  • What Is the Current Market Status of the Epoxy Resin Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Epoxy Resin Market by Considering Applications and Types?
  • What Are Projections of the Global Epoxy Resin Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Epoxy Resin Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is the Economic Impact On Epoxy Resin Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Epoxy Resin Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Epoxy Resin Industry?

Click Here to Access a Free Sample Report of the Global Epoxy Resin Market @ https://www.custommarketinsights.com/report/epoxy-resin-market/

Reasons to Purchase Epoxy Resin Market Report

  • Epoxy Resin Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Epoxy Resin Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Epoxy Resin Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Epoxy Resin Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

  • The study provides a thorough overview of the global Epoxy Resin market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Epoxy Resin market analysis.
  • The competitive environment of current and potential participants in the Epoxy Resin market is covered in the report, as well as those companies’ strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

  • Participants and stakeholders worldwide Epoxy Resin market should find this report useful. The research will be useful to all market participants in the Epoxy Resin industry.
  • Managers in the Epoxy Resin sector are interested in publishing up-to-date and projected data about the worldwide Epoxy Resin market.
  • Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Epoxy Resin products’ market trends.
  • Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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