Press release
High-Purity Epoxy Resin Market 2024-2033: Size, Share & Competitive Landscape
The high-purity epoxy resin market size is expected to see strong growth in the next few years. It will grow to $1.97 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to continued electronics advancements, increased demand in medical devices, focus on sustainable materials, rising wind energy installations, advancements in aerospace materials. Major trends in the forecast period include focus on bio-based epoxy resin sources, stringent quality standards and regulations, innovation in epoxy resin applications, globalization of supply chains, continuous research and development efforts.
Market Overview -
High-purity epoxy resin, also known as low-chlorine epoxy resin, is a form of epoxide-containing reactive prepolymer and polymer with low chlorine concentrations. These resins react either with themselves with the help of catalysts or with various co-reactants such as amines, phenols, thiols, etc.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12428&type=smp
Electronics Sector Expansion Fuels High-Purity Epoxy Resin Market Growth
The expansion of the electronics sector, such as semiconductors, is expected to propel the growth of the high-purity epoxy resin market going forward. The electronics sector is an industry that manufactures household electronic equipment and electrical components for various goods such as semiconductors, circuit boards, TVs, and mobile gadgets. High-purity epoxy is an excellent substitute for wood or metal materials resins and is used for semiconductor packaging assemblies that provide physical protection and mechanical strength along with several desired performance properties based on the application or the physical location of the semiconductor in the finished device. For instance, in February 2023, according to the Semiconductor Industry Association (SIA), a US-based association and advocacy organization for the semiconductor industry, sales for the global semiconductor sector reached a record-high $574.1 billion in the year 2022, up 3.3% from the $555.9 billion total for 2021. Therefore, the expansion of the electronics sector, such as semiconductors, is driving the high-purity epoxy resin market.
Competitive Landscape -
Major companies operating in the high-purity epoxy resin market report are Dow Inc., Mitsubishi Chemical Corporation, 3M Company, Sika AG, Nan Ya Plastics Corporation, Olin Corporation, Huntsman Corporation LLC, DIC Corporation, Aditya Birla Chemicals Limited, Kolon Industries Inc., ADEKA Corporation, Nippon Kayaku Co. Ltd., Kukdo Chemical Co. Ltd., Hexion Inc., Osaka Soda Co. Ltd., Atul Ltd., TIGER Coatings GmbH & Co. KG, Momentive Inc., Reichhold LLC, Guangzhou Lushan New Materials Co. Ltd., Nanjing Hongbaoli Corp Ltd, Allnex Belgium NV, Nama Chemicals Company, Incorez Ltd., Epic Resins, Miller-Stephenson Inc., Cardolite Corporation, Leuna-Harze GmbH, Chang Chun Petrochemical Co., Shina T And C Incorporated Co. Ltd.
Rising Popularity Of Product Innovation In High-Purity Epoxy Resin Market
Product innovation is the key trend gaining popularity in the high-purity epoxy resin market. Major companies operating in the high-purity epoxy resin market are creating revolutionary products to improve their market share. For instance, in May 2022, Hexcel Corporation, a US-based manufacturer of epoxy resins and structural materials, launched a new line of goods called HexPly Nature Range. It includes HexPly M49, M78.1-LT, and M79 bio-derived epoxy resin components that maintain exceptional properties while offering robust mechanical performance and consistent processing features. Additionally, the HexPly Nature Range offers pre-preg alternatives reinforced with natural fibers that are relatively easy to incorporate into modern manufacturing processes. They are used to develop material solutions for automotive, winter sports, marine, and wind energy applications.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/high-purity-epoxy-resin-global-market-report
Key Segments -
The high-purity epoxy resin market covered in this report is segmented -
1) By Type: Electrical Grade, Optical Grade, Industrial Grade
2) By Application: Semiconductor Encapsulation, Electronic Components, Light Emitting Diode(LED) Packaging, Fiber Optics
3) By End-User Industry: Electronics, Aerospace, Automotive, Communication, Energy
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High-Purity Epoxy Resin Market 2024-2033: Size, Share & Competitive Landscape here
News-ID: 3475110 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Corp
Updated 3D Display Market Size 2021-2030 | Major Players- Sony Corp., Panasonic …
Allied Market Research published a report titled, "3D Display Market: Global Opportunity Analysis and Industry Forecast, 2022-2030." According to the reportThe global 3D display market was valued at $76.50 billion in 2020, and is projected to reach $378.55 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.
The 3D Display Market report offers a current market analysis throughout the forecast timeframe. The research report provides an in-depth…
Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027."
The market report provides an all-inclusive analysis of the…
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka.
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment…
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product…
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application.
3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the…
D Television Market 2019: Industry Analysis By Samsung, LG Corp, Sony Corp, Shar …
D Television Market research report gives detailed information of major players like manufacturers, suppliers, distributors, traders, customers, investors and etc. D Television market Report presents a professional and deep analysis on the present state of D Television Market that Includes major types, major applications, Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure,…
