Press release
Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Comprehensive Study Explores Huge Growth CAGR of 5.12% by 2029
Data Bridge Market Research analyses that the hydrogenated bisphenol-A (HBPA) epoxy resin market was valued at USD 2.00 billion in 2021 and is expected to reach USD 2.98 billion by 2029, registering a CAGR of 5.12% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.Hydrogenated bisphenol A (HBPA) is a chemical which is used to production of thermosetting polymer like epoxy resins. This is consequently used as raw materials in paints and engineering plastics in several end-use industries such as, automotive, building and construction and more. The HBPA epoxy resin market is mainly driven by its increasing application in paints and coatings such as in architectural coating, industrial coating, and more that utilizes HBPA epoxy resin to improve corrosion resistance. More, the surging demand from the electronics and electrical industry for protective coating is anticipated to fuel the HBPA epoxy resins demand, which is further enhancing the growth of the HBPA epoxy resin industry.
Access PDF Sample Report (Including Graphs, Charts & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-hbpa-epoxy-resin-market
Bisphenol-A (BPA) is a colourless solid and this is an organic synthetic compound. Hydrogenation of bisphenol-A is performed by application of different solvent and catalyst combination under high temperature and hydrogen pressure. Solvent and Catalyst combination such as water and mesoporous silica-based nano ruthenium here water as solvent are applied in the hydrogenation procedure of bisphenol-A. Hydrogenated bisphenol-A (HBPA) is used to provide excellent colour stability and weather ability to epoxy resin. HBPA epoxy resin is prepared by HBPA and epichlorohydrin (ECH) as base materials under the coexistence of solid alkali metal hydroxides, such as a novel catalyst and sodium hydroxide. HBPA epoxy resin has properties such as high initial degradation temperature with high thermal stability with, rigidity, and flexibility.
Some of the major players operating in the hydrogenated bisphenol-A (HBPA) epoxy resin market are:
Hexion (US)
Atul Ltd (India)
New Japan Chemical Co. Ltd. (Japan)
Aditya Birla Chemicals (India)
Kukdo Chemicals Co. Ltd. (South Korea)
Anhui Xinyuan Chemical Co. Ltd.(China)
SIR Industriale (Italy)
LANXESS(US)
Nagase America Corporation (US)
Huntsman Corporation L.L.C (US)
Mitsubishi Chemical Holdings Corporation. (Japan)
Milliken & Co group (US)
Dow (US)
Olin Corporation (US)
Solvay (Belgium)
Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Rise the demand in wind and solar power plant
The demand of Hydrogenated bisphenol-A (HBPA) arises due to Increase in global warming which increase the need to meet with future energy demands, this led to the expansion of wind and solar plant facilities. The HBPA epoxy resin, in liquid form, is extensively used in wind power applications.
Increasing construction activities
Robust growth of the construction industry in the countries is anticipated to drive the market during the forecast period. The construction industry is the second-largest industry in India, with a GDP contribution of about 9%. The construction industry decelerated down due to COVID-19, but a major share of projects in commercial space is likely to continue even during the forecast period.
Rise in demand due to wide application
HBPA epoxy resins are extensively used in the construction, paints and coatings, and electrical industry. The rise in demand for paints and coatings in the construction and building, this resins are also used as shielding coatings for high- voltage equipment such as insulators, transformers, electrical coatings in the power generation industry. These applications are anticipated to drive the market in the region.
Opportunities
Rise in demand due to environmental concern
Rise in awareness among people towards the eco-friendly and environment friendly products has driven the demand for electric vehicles because HBPA epoxy resins can decrease the weight of the body and improve the safety functions against electrical issues.
Increasing automotive production
The HBPA epoxy resins are applied as an exterior protective coating for the protection of the vehicles from high temperature, which may damage the external body part of the automotive vehicles. The increasing automotive production is generating an opportunity for the growth of the HBPA epoxy resin in the market.
Access Full Report: https://www.databridgemarketresearch.com/reports/global-hbpa-epoxy-resin-market
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Scope
The hydrogenated bisphenol-A (HBPA) epoxy resin market is segmented on the basis of physical form and application.. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Physical Form
Liquid
Solid
Application
E&E Coating
Industrial Coating
Others
HBPA Epoxy Resin Market Regional Analysis/Insights
The HBPA Epoxy Resin market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the HBPA Epoxy Resin market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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https://dbmr24789research.blogolize.com/stone-paper-market-size-share-trends-key-drivers-development-trends-and-industry-growth-outlook-57323598
https://dbmr24789research.blogolize.com/acrylic-solid-surface-market-size-share-key-drivers-growth-and-opportunity-analysis-57323599
https://dbmr24789research.blogolize.com/bonded-magnet-market-size-share-trends-demand-opportunity-and-competitive-analysis-57323600
https://dbmr24789research.blogolize.com/edge-banding-materials-market-size-shares-trends-future-demand-and-revenue-analysis-57323601
https://www.tamaiaz.com/blogs/49422/Roofing-Adhesive-Market-Size-Share-Trends-Competitive-Scenario-and-Industry
https://www.tamaiaz.com/blogs/49423/Calcite-Market-Size-Share-Trends-Demand-Growth-and-Opportunity-Analysis
https://www.tamaiaz.com/blogs/49424/Epoxy-Coating-Market-Size-Share-Trends-Demand-Challenges-and-Competitive
https://www.tamaiaz.com/blogs/49425/Bio-based-Polyethylene-PE-Market-Share-Trends-Demand-and-Revenue
https://www.tamaiaz.com/blogs/49426/Waterproof-Adhesives-and-Sealants-Market-Size-Share-Trends-Key-Drivers
https://www.tamaiaz.com/blogs/49427/Shell-and-Tube-Heat-Exchanger-Market-Size-Share-Growth-Drivers
https://www.tamaiaz.com/blogs/49428/Specialty-Nitrile-Butadiene-Rubber-Market-Size-Share-Trend-Growth-Prospects
https://www.tamaiaz.com/blogs/49429/Aerospace-Forging-Market-Size-Share-Industry-Demand-Rising-Trends-and
https://www.tamaiaz.com/blogs/49430/Carbon-Steel-Market-Size-Share-Demand-Future-Growth-Challenges-and
https://www.zedlike.com/blogs/72707/Specialty-Nitrile-Butadiene-Rubber-Market-Size-Share-Trend-Growth-Prospects
https://www.zedlike.com/blogs/72708/Aerospace-Forging-Market-Size-Share-Industry-Demand-Rising-Trends-and
https://www.zedlike.com/blogs/72709/Carbon-Steel-Market-Size-Share-Demand-Future-Growth-Challenges-and
https://www.zedlike.com/blogs/72710/Powder-Metallurgy-Market-Size-Share-Trends-Competitive-Scenario-and-Segmentation
https://www.zedlike.com/blogs/72711/Oil-Spill-Management-Market-Size-Share-Trends-Key-Drivers-Development
https://www.zedlike.com/blogs/72712/Windows-and-Doors-Market-Size-Share-Key-Drivers-Growth-and
https://www.zedlike.com/blogs/72713/Prepreg-Market-Size-Share-Trends-Demand-Opportunity-and-Competitive-Analysis
https://www.zedlike.com/blogs/72714/Technical-Ceramic-Market-Size-Shares-Trends-Future-Demand-and-Revenue
https://www.zedlike.com/blogs/72715/Anti-static-Films-Market-Size-Share-Trends-Competitive-Scenario-and
https://www.zedlike.com/blogs/72716/Stone-Paper-Market-Size-Share-Trends-Key-Drivers-Development-Trends
https://www.zedlike.com/blogs/72717/Acrylic-Solid-Surface-Market-Size-Share-Key-Drivers-Growth-and
https://www.zedlike.com/blogs/72718/Bonded-Magnet-Market-Size-Share-Trends-Demand-Opportunity-and-Competitive
https://www.zedlike.com/blogs/72719/Edge-Banding-Materials-Market-Size-Shares-Trends-Future-Demand-and
https://legalledger.in/read-blog/15953
https://legalledger.in/read-blog/15954
https://legalledger.in/read-blog/15955
https://legalledger.in/read-blog/15958
https://legalledger.in/read-blog/15956
https://legalledger.in/read-blog/15957
https://legalledger.in/read-blog/15959
https://legalledger.in/read-blog/15960
https://legalledger.in/read-blog/15962
https://supercortp.hashnode.dev/organic-peroxide-market-size-share-trends-growth-opportunities-and-competitive-outlook
https://supercortp.hashnode.dev/roofing-adhesive-market-size-share-trends-competitive-scenario-and-industry-growth-analysis
https://supercortp.hashnode.dev/calcite-market-size-share-trends-demand-growth-and-opportunity-analysis
https://supercortp.hashnode.dev/epoxy-coating-market-size-share-trends-demand-challenges-and-competitive-outlook
https://supercortp.hashnode.dev/bio-based-polyethylene-pe-market-share-trends-demand-and-revenue-growth-outlook
https://supercortp.hashnode.dev/waterproof-adhesives-and-sealants-market-size-share-trends-key-drivers-growth-and-opportunity-analysis
https://supercortp.hashnode.dev/shell-and-tube-heat-exchanger-market-size-share-growth-drivers-trends-challenges-and-competitive-landscape
https://supercortp.hashnode.dev/specialty-nitrile-butadiene-rubber-market-size-share-trend-growth-prospects-key-drivers-and-opportunity-analysis
https://supercortp.hashnode.dev/aerospace-forging-market-size-share-industry-demand-rising-trends-and-competitive-outlook
https://supercortp.hashnode.dev/carbon-steel-market-size-share-demand-future-growth-challenges-and-competitive-analysis
https://supercortp.hashnode.dev/powder-metallurgy-market-size-share-trends-competitive-scenario-and-segmentation-analysis
https://supercortp.hashnode.dev/oil-spill-management-market-size-share-trends-key-drivers-development-trends-and-industry-growth-outlook
https://supercortp.hashnode.dev/windows-and-doors-market-size-share-key-drivers-growth-and-opportunity-analysis
https://supercortp.hashnode.dev/prepreg-market-size-share-trends-demand-opportunity-and-competitive-analysis
https://supercortp.hashnode.dev/technical-ceramic-market-size-shares-trends-future-demand-and-revenue-analysis
https://supercortp.hashnode.dev/anti-static-films-market-size-share-trends-competitive-scenario-and-segmentation-analysis-1-1
https://supercortp.hashnode.dev/stone-paper-market-size-share-trends-key-drivers-development-trends-and-industry-growth-outlook-1-1
https://supercortp.hashnode.dev/acrylic-solid-surface-market-size-share-key-drivers-growth-and-opportunity-analysis-1-1
https://supercortp.hashnode.dev/bonded-magnet-market-size-share-trends-demand-opportunity-and-competitive-analysis-1-1
https://supercortp.hashnode.dev/edge-banding-materials-market-size-shares-trends-future-demand-and-revenue-analysis-1-1
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