Japan Epoxy Resins Market 2022 Industry Trends, Size, Revenue, Share, Growth, Scope, and Forecast Up to 2027 | Jiangsu Sanmu Group, Olin Corporation, Dic Corporation

According to a recently released competitive intelligence analysis by Astute Analytica, this study provides a thorough overview and precise insights into future developments in the Japan Epoxy Resins Market industry. It will provide a thorough study of this market, taking into interpretation current events, trending projections, anticipated business openings, and data-based forecasts.

The study highlights the list of projected opportunities, sales and revenue on the basis of region and segments. Apart from that, it also documents other topics such as manufacturing cost analysis, Industrial Chain, etc. For better demonstration, it throws light on the precisely obtained data with the thoroughly crafted graphs, tables, Bar &Pie Charts, etc.

The Japan Epoxy Resins Market is projected to grow from US$ 197.8 million in 2021 to US$ 226.2 million by 2027 by registering a tremendous compound annual growth rate (CAGR) of 2.3% during the forecast period 2022 to 2027.

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Regional Analysis:

As economies reopen and countries are lifting limitations, the US chemical industry is forecast for a significant recovery in 2022, which could boost plant utilization rates that were affected hard by the pandemic. In the United States, industrial production is forecast to increase by 5.5 percent in 2021 and 4.3 percent in 2022. Chemical volumes in the United States are forecast to rise 1.5 % in 2021 and 3.0% in 2022, while shipments to rise 8.0 % in 2021 and 2022, following a 13.5% drop in 2020.

The Asia Pacific region size value was 36.0% market share, maintaining the largest market share across all regions. As a result of the existence of critical developing economies such as China, India, and Japan in this region, recording the largest market share in the market.Paints and coatings, water treatment, personal care ingredients and cosmetics, electronics, agriculture, and other sectors employ chemicals throughout the Asia-Pacific area. For foreign investors, these places provide excellent investment options. China was the largest specialty chemical market in Asia in 2019, accounting for about 38.9% of the global market. India came in second with a 23.1% share of the total market.

COVID-19 Impact:

Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies' stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.

Major Key Players in Japan Epoxy Resins Marketare:

Sumitomo Chemical Co. Ltd.
Adeka Corporation
Huntsman International LLC
Jiangsu Sanmu Group
Olin Corporation
Dic Corporation
Mitsubishi Chemical Corporation
NIPPON STEEL Chemical & Material Co. Ltd.
Sakamoto Yakuhin Kogyo Co. Ltd.
New Japan Chemical Co. Ltd
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Japan Epoxy Resins Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Type

DGBEA (Bisphenol A and ECH)
DGBEF (Bisphenol F and ECH)
Novolac (Formaldehyde and Phenols)
Glycidyl amine (Aromatic Amines and ECH)
Aliphatic (Aliphatic Alcohols)
Others
By Form

Liquid
Solid
Solution
By Application

Paints & Coatings
Composites
Adhesives & Sealants
Encapsulation
Others
By End User

Building & Construction
Aerospace
Consumer Goods
Marine
Wind Power
Others
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About Astute Analytica:

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This release was published on openPR.