Published Date: Mar, 2021 | 168 Pages | Report ID: MRU_112785
Epoxy Phenol Novolac Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
112785 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Epoxy Phenol Novolac industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Epoxy Phenol Novolac by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Epoxy phenol novolac (EPN) resins contain more than two epoxy groups per molecule and are therefore described as multifunctional epoxy resins. In other words they are polyepoxides obtained by reacting a phenolic novolac resin with epichlorohydrin. When cured, they provide a high cross-link density due to the increased epoxy functionality.
Typically, EPN resins are used in high temperature resistant adhesives, corrosion resistant marine coatings, maintenance coatings, industrial coatings, tank linings, pipe coatings, primers in automotive, coil & appliances, manufacturing of epoxy vinyl esters, etc.
In 2014, US is the largest epoxy phenol novolac production area in the world, accounting for 42.33% of global production with an average annual growth rate of 5.07%. Asia (Except China) is second, producing 22804 MT (22.51% share). Taiwan and Thailand are the main production bases in Asia. The total annual production capacity of epoxy phenol novolac producing countries is 101290 MT in 2014.
The epoxy phenol novolac major manufacturers are Huntsman, GP Chemicals, Aditya Birla Group, DOW, Hexion Inc., DIC, Momentive, Emerald, Performance Materials, Kukdo Chemical Industry, CORCHEM, A&C Catalysts, NanYa Plastics, etc. China only has a few manufacturers like BlueStar, SanMu Group and SINOPEC can produce epoxy phenol novolac.
The epoxy phenol novolac is mainly used in the adhesives, protective coatings, composite materials industries, etc. US is the main consumption market share of epoxy phenol novolac which holds 32.22% in 2014. China is the second consumption while China mainly relies on importing from Thailand, US, EU, etc. In recent years, the China consumption volume market share is gradually increasing from 26.59% in 2010 to 28.74% in 2014.
The report forecast global Epoxy Phenol Novolac market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Epoxy Phenol Novolac market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Huntsman
GP Chemicals
Aditya Birla Group
DOW
Hexion Inc.
DIC
Momentive
Emerald Performance Materials
Kukdo Chemical Industry
CORCHEM
A&C Catalysts
NanYa Plastics
BlueStar
SanMu Group
SINOPEC
At the same time, we classify Epoxy Phenol Novolac according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Phenol Type Epoxy Phenol Novolac
O-Cresol Type Epoxy Phenol Novolac
Bisphenol A Type Epoxy Phenol Novolac Market by Application
Adhesives
Protective Coatings
Composite Materials
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Epoxy Phenol Novolac market for the forecast period 2023 - 2030?
• What are the driving forces in the Epoxy Phenol Novolac market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Epoxy Phenol Novolac industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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