Press release
Epoxy Resin Market: Forecasting a CAGR of 5.1% and Expanding to $932 Million by 2030 | Aditya Birla Chemicals, Nan Ya Plastics, Kukdo Chemical
CALIFORNIA, (UNITED STATES) - QY Research New Study Report 'Epoxy Resin Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Epoxy Resin market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Epoxy Resin market.The global market for Epoxy Resin was estimated to be worth US$ 696 million in 2023 and is forecast to a readjusted size of US$ 932 million by 2030 with a CAGR of 5.1% during the forecast period 2024-2030.
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Global key players of Epoxy Resin include Aditya Birla Chemicals, Nan Ya Plastics, Kukdo Chemical, DIC, Chang Chun Group, etc. The top five players hold a share about 60%. Thailand is the largest market for Epoxy Resin and has a share about 29%, followed by Indonesia and Malaysia, with share 18% and 17%, separately. In terms of product type, DGBEA (Bisphenol A and ECH) is the largest segment, occupied for a share of 70%. In terms of application, Paints and Coatings is the largest application, occupied for a share of 35%.
This report aims to provide a comprehensive presentation of the global market for Epoxy Resin, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Epoxy Resin by region & country, by Type, and by Application.
The Epoxy Resin market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Epoxy Resin.
Top Market Leader Included: Olin, Westlake, Nan Ya Plastics, Sanmu Group, Kukdo Chemical, Chang Chun Group, Huntsman, Bluestar, Jiangsu Yangnong Kumho Chemical, Sinopec, Epoxy Base Electronic Material, Kingboard, Kumho Petrochemical, Dalian Qihua, Leuna Harze, Spolchemie, Aditya Birla Chemicals, Atul Ltd, Sir Industriale
Detailed of Epoxy Resin Market Segmentation: -
Segmentation By Type :-
DGBEA (Bisphenol A and ECH)
DGBEF (Bisphenol F and ECH)
Novolac (Formaldehyde and Phenols)
Aliphatic (Aliphatic Alcohols)
Glycidylamine (Aromatic Amines and ECH)
Others
Segmentation By Application : -
Paints and Coatings
Adhesives
Composites
Electrical and Electronics
Others
Regional Analysis of Epoxy Resin Market:-
The Epoxy Resin Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.
→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)
A Market Research report can be a powerful tool for any customer looking to grow their business. Here's how:
Informed Decision-Making: The report provides comprehensive data and insights about the market, helping businesses make informed decisions regarding product development, pricing strategies, and market entry.
Identifying Opportunities: It highlights emerging trends, consumer preferences, and potential gaps in the market, allowing businesses to identify new opportunities for growth and innovation.
Competitive Analysis: The report often includes detailed analysis of competitors, helping businesses understand their strengths and weaknesses, and enabling them to develop strategies to gain a competitive edge.
Risk Mitigation: By understanding market dynamics, businesses can anticipate potential risks and challenges, allowing them to plan accordingly and reduce the likelihood of costly mistakes.
Target Audience Insights: The report offers valuable information about the target audience, including demographics, buying behavior, and preferences. This helps in tailoring marketing and sales strategies to better meet customer needs.
Strategic Planning: Armed with the insights from the report, businesses can create more effective long-term strategies, including expansion plans, product diversification, and market penetration strategies.
Benchmarking: It allows businesses to benchmark their performance against industry standards and competitors, helping them identify areas for improvement and set realistic growth targets.
Resource Allocation: By understanding which areas of the market offer the most potential, businesses can allocate resources more efficiently, focusing on high-growth areas while optimizing costs.
In summary, a Market Research report provides the data-driven insights needed to navigate the complexities of the market, seize opportunities, and make strategic decisions that drive business growth.
Request for Pre-Order Enquiry On This Report @ https://www.qyresearch.com/customize/3290502
Table of Contents with Major Points:
1. Executive Summary
1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2024-2030 (USD Billion)
1.2.1. Epoxy Resin Market, by Region, 2024-2030 (USD Billion)
1.2.2. Epoxy Resin Market, by Type, 2024-2030 (USD Billion)
1.2.3. Epoxy Resin Market, by Application, 2024-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global Epoxy Resin Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global Market Dynamics
3.1. Epoxy Resin Market Impact Analysis (2024-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2024-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global Market, by Type
5.1. Market Analysis
5.2. Global Epoxy Resin Market by Type, Performance - Potential Analysis
5.3. Global Epoxy Resin Market Estimates & Forecasts by Type 2024-2030 (USD Billion)
5.4. Epoxy Resin Market, Sub-Segment Analysis
6. Global Market, by Application
6.1. Market Analysis
6.2. Global Epoxy Resin Market by Application, Performance - Potential Analysis
6.3. Global Epoxy Resin Market Estimates & Forecasts by Application 2024-2030 (USD Billion)
6.4. Epoxy Resin Market, Sub-Segment Analysis
6.4.1. Others
7. Regional Analysis
7.1. Epoxy Resin Market, Regional Market Analysis
7.2. North America Epoxy Resin Market
7.3. Europe Epoxy Resin Market Analysis
7.4. Asia-Pacific Epoxy Resin Market Analysis
7.5. Latin America Epoxy Resin Market Analysis
7.6. Rest of The World Epoxy Resin Market
8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
Contact Us:
QY Research, INC.
17890 Castleton, Suite 369,
Los Angeles, CA - 91748
USA: +1 626 539 9760
India: +91 8669986909
Emails - arshad@qyresearch.com/ arshad@qyrinc.com
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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