Global HBPA epoxy resin market to reach USD 2.4 billion by 2025.
Global HBPA epoxy resin market is valued at approximately USD 1.7 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 5.3 % over the forecast period 2018-2025. Epoxy resins react with co-reactants like amines, thiols and phenols or with themselves in the presence of necessary catalysts. HBPA epoxy resins are found effective in various applications such as paints and coatings, composites, construction material, adhesives and others owing to their physical and chemical properties including g low curing time, chemical resistance, strength and high flexibility.
HBPA epoxy resin market is primarily driven by the growth in its end-user industries including power generation, automotive and others. Increasing demand of HBPA epoxy resins is attributed by emerging need to protect concrete floors in commercial and industrial buildings. In addition, growing popularity of thermosetting resins is augmenting growth to the market. Despite the number of driving factors, HBPA epoxy resin market is curtailed by various challenges including volatility in raw material prices and shifting preference towards alternative resins found more effective in some processes.
The regional analysis of global HBPA epoxy resin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of HBPA Epoxy Resin in aerospace industry. Europe also contributes a satisfactory growth in the global HBPA epoxy resin market due to increasing demand of various chemicals on a large scale. Asia-Pacific is also anticipated to exhibit higher growth rate/ CAGR over the forecast period 2018-2025 due to growth in chemical manufacturing industries in developing countries such as India, China and Japan.
The major market player included in this report are:
• Atul Ltd.
• Hexion
• Aditya Birla Chemicals
• New Japan Chemical Company
• Kukdo Chemical
• Sir Industriale
• Anhui Xinyuan Chemical Company
• Nagase America Corporation
• Emerald Performance Material
• Huntsman Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Physical Form:
Liquid
Solid
By Application:
Industrial Coatings
E&E Coating
Others
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the global HBPA epoxy resin market in Market Study:
Summary: Get latest Market Research Reports on HBPA Epoxy Resin. Industry analysis & Market Report on HBPA Epoxy Resin is a syndicated market report, published as Global HBPA Epoxy Resin Market Size study, by Physical Form (Solid, Liquid), Application (Industrial Coatings, E&E Coating, Others) and Regional Forecasts 2018-2025. It is complete Research Study and Industry Analysis of HBPA Epoxy Resin market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.