HBPA Epoxy Resin Market Intelligence Report Offers Insights on Growth Prospects 2020–2025

OCT 27,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the HBPA Epoxy Resin Market.

HBPA Epoxy Resin Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The major driver that is contributing to the demand for HBPA epoxy resins is mainly the growing power generation industry, especially in developing countries and increasing number of industrial & commercial facilities with the rising need to protect their concrete floors.

Hydrogenated bisphenol A epoxy resin is prepared through the reaction of epichlorohydrin (ECH) with hexahydrobisphenol A (obtained by hydrogenation of bisphenol A). HBPA epoxy resin is used as a modifier in cationic and UV cure applications to reduce yellowing and as adhesion promoter.

Based on the form type, the market is segmented as liquid HBPA epoxy resin and solid HBPA epoxy resin. The liquid HBPA epoxy resin segment held the larger share of the market in 2019, and is expected to register a higher CAGR during the forecast period. Easy application of it in flooring, adhesives, and wind power applications is driving the demand.

Based on the application type, the HBPA epoxy resin market is segmented as E&E coatings, industrial coatings, and others. The E&E coatings segment dominates the market, owing to its excellent physical properties. HBPA epoxy resin is preferred in high-voltage electrical machines as a coating material to protect them from external weather conditions. Rapid industrialization along with increasing population is driving the demand for power generation and distribution infrastructure and this is expected to propel the HBPA epoxy resin market growth during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for HBPA epoxy resins during the forecast period, with China, India being the major countries with lucrative growth opportunities. The demand for power generation and distribution is growing with urbanization and industrialization in these countries. Increasing awareness of public and government initiatives towards renewable energy development are expected to further drive the HBPA epoxy resin market in the coming years.

Key Players:

  • Aditya Birla Chemicals
  • Anhui Xinyuan Chemical Co. Ltd.
  • Atul Ltd.
  • Emerald Performance Materials LLC
  • Hexion Inc.
  • Huntsman Corporation
  • Kukdo Chemical Co. Ltd.
  • Nagase America Corporation
  • New Japan Chemical Co. Ltd.
  • SIR Industriale SpA
  • others.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The HBPA Epoxy Resin Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors
Customization of the Report:

This report can be customized to meet the client’s requirements. In order to provide more accurate market forecast, all the reports are updated before delivery.

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