The Epoxy Resins Market Size was valued at USD 12.89 Billion in 2023 and is expected to reach USD 19.76 Billion by 2031 and grow at a CAGR of 5.49% over the forecast period 2024-2031.
The global epoxy resins market is growing popular, driven by a compelling combination of factors. Rising demand from various industries. In the construction sector, epoxy resins play a vital role in high-performance applications like civil infrastructure projects, buildings, and flooring, where their exceptional strength and durability are highly sought-after.
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Furthermore, the wind energy and automotive industries are increasingly utilizing epoxy resins for wind turbine blade manufacturing due to their lightweight properties, and in car parts and lightweight vehicle composites to enhance fuel efficiency. The electronics and consumer goods markets further contribute to market growth, with epoxy resins being crucial for printed circuit board production in electronics due to their excellent electrical insulation properties, and for enhancing the lifespan and performance of appliances, sporting goods, and various consumer durables through protective coatings. For example, with the emergence of self-healing epoxy resins in 2023 these innovative formulations can automatically repair micro-cracks when exposed to specific stimuli like heat or light. This technology has the potential to revolutionize various applications by extending their lifespan and reducing maintenance needs.
These advancements include the creation of resins with superior strength, improved chemical resistance, and even flame retardancy, widening the potential applications for epoxy resins. The impressive combination of durability, versatility, and strong adhesion properties propel epoxy resins to the forefront of numerous industries, including paints and coatings, adhesives, composites, and electronic encapsulation.
KEY DRIVERS:
Advancements in epoxy resin technology are yielding superior materials with enhanced properties and faster curing times.
These advancements encompass enhanced mechanical strength, improved chemical resistance, and superior thermal stability. This translates to epoxy resins that can effectively meet the ever-evolving demands of critical industries like aerospace, automotive, and electronics. Furthermore, the development of new curing technologies, including faster and more efficient curing agents, has significantly improved the processing and productivity of epoxy resin-based products. Reduced curing times and improved overall curing characteristics have opened doors to new applications in time-sensitive industries, solidifying the position of epoxy resins as a versatile and valuable material across various sectors.
RESTRAIN:
Fluctuations in raw material prices in the epoxy resins.
The epoxy resin industry faces a significant challenge in the form of raw material dependence. Bisphenol A (BPA), epichlorohydrin, and various curing agents are crucial for production, and their availability and cost fluctuations directly impact the profitability of epoxy resin manufacturers. Market volatility and supply chain disruptions can exacerbate these fluctuations, making it difficult for manufacturers to establish stable pricing strategies.
OPPORTUNITY:
Developing economies drive epoxy resin market growth with booming industries and a rising middle class.
The epoxy resin market is rising in developing countries like Asia-Pacific, Latin America, and Africa are experiencing a surge in industrialization, bustling cities, and upgraded infrastructure. This rapid growth creates a golden opportunity for the epoxy resin market. Industries like construction, cars, electronics, and everyday goods are seeing massive expansion in these regions. Additionally, a growing middle class with more money to spend fuels the demand for products that rely on epoxy resins. Basically, these developing economies are hungry for the very things epoxy resins help create, making them a key driver of market growth.
By physical forms
Liquid
Solid
Solution
Liquid epoxy resins hold the dominant position within the market, capturing both volume and value leadership in 2023. This dominance is expected to persist throughout the forecast period. Liquid epoxies offer several key advantages that contribute to their market leadership. They boast excellent stability at room temperature, ensuring a long shelf life. Furthermore, during the curing process, they exhibit exceptional dimensional stability, chemical resistance, and inertness, alongside superior durability and adhesion properties. These combined attributes solidify liquid epoxy resins as the preferred choice for a wide range of applications.
By Raw Materials:
DGBEA
Novolac
Aliphatic
Glycidyl
Amine
Others
DGBEA segment by raw material type dominates the epoxy resin market, leading in both volume and value as of 2023. This dominance is projected to continue throughout the forecast period. DGBEA-based epoxy resins, formulated with bisphenol A (BPA), play a crucial role in various aspects of modern life. Their exceptional properties, including toughness, strong adhesion, chemical resistance, low shrinkage, and minimal moisture absorption, make them ideal for a wide range of consumer and industrial applications. These properties contribute to public health, efficient manufacturing processes, and even food safety across diverse sectors.
By Applications:
Paints & Coatings
Composites
Adhesives & Sealants
Others
The paints & coatings sub-segment dominated the Epoxy resin market in 2023 by application. This sector has accounted for over 34% of the market share, uses the most epoxy resin, and is rapidly growing. Epoxy resin-based coatings excel as protective layers across diverse industries, offering a formidable barrier against corrosion, abrasion, chemical attack, and weathering. This makes them ideal for safeguarding metal substrates like steel structures, pipelines, storage tanks, and bridges, effectively extending their lifespan and preventing degradation. Beyond industrial applications, epoxy coatings find use as finishes for consumer goods, enhancing their appearance, durability, and overall protection. The ability of epoxy to create a glossy, smooth, and highly resistant surface makes it desirable for various applications, including flooring, furniture, countertops, and even decorative items.
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By End-User:
Building & Construction
Automotive
General Industrial
Consumer Goods
Wind Energy
Aerospace/Aircraft
Marine
Others
Building & Construction sub-segment is leading the epoxy resin market in 2023 by end-use industry. Epoxy resin coatings significantly enhance concrete surfaces, boosting their durability, strength, and even aesthetics. These coatings, commonly utilized on garage floors, industrial floors, parking decks, and sidewalks, provide a protective layer that effectively resists chemicals, stains, abrasion, and moisture damage. Furthermore, epoxy resins excel as adhesives in construction, offering exceptional bonding capabilities for a wide range of materials like concrete, metal, wood, stone, and composites. Their strong adhesive properties make them ideal for structural bonding, anchoring, and repairs, with applications including concrete bonding, panel installation, and composite bonding.
Asia Pacific region is currently dominating the epoxy resin market in 2023. This region is a powerhouse of consumption and production capturing over 55% of market share. Several key players within this region significantly contribute to market growth. China stands out as both the leading consumer and producer of epoxy resins, driving substantial market expansion. Other notable markets include Japan, South Korea, India, and the burgeoning economies of Southeast Asia, such as Thailand, Indonesia, and Vietnam. Rapid infrastructure development in countries like China and India serves as a major catalyst for the epoxy resin industry. These advancements create a significant demand for epoxy resins used in diverse construction applications, including coatings, adhesives, flooring, and composites.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major players in the Epoxy Resins Market are Sinopec Corporation (China), BASF SE (Germany), Dow Chemical Company (US), Mitsubishi Chemical Group Corporation (Japan), 3M (US), Aditya Birla Chemicals (India), Westlake Epoxy (US), Kukdo Chemical Co., Ltd. (South Korea), DIC Corporation (Japan), Nan Ya Plastics Corporation (Taiwan), Olin Corporation (US), Huntsman Corporation (US), Macro Polymers, and other players.
In February 2023: Huntsman launched a new high-molecular-weight mono-polyether amine called JEFFAMINE M-3085. This is a more advanced version compared to existing options like JEFFAMINE M-2070 and M-1000 amines.
In June 2024: Chemical solutions provider IMCD opened a new lab in Vienna, Austria. This facility focuses on developing innovative decorative and industrial coatings for its partners in Southeast Europe. The new lab will help IMCD stay ahead of the curve by formulating solutions that meet the latest market trends.
In May 2024: Nashville's Artiphon chose Syensqo's Ixef polyaramid resin to create the housing and keyboard for their new instrument, the Chorda. This special resin was key for the Chorda's unique touch-sensitive keyboard. It needed to feel great to play while also being tough and stylish enough for a high-end instrument – Ixef met both those demands
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 12.89 Billion |
| Market Size by 2031 | US$ 19.76 Billion |
| CAGR | CAGR of 5.49% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Physical Form (Solid, Liquid, Solution) • By Raw Materials (BADGE, BFDGE, Novolac, Aliphatic, Glycidylamine, Others) • By Application (Paints & Coatings, Adhesives & Sealants, Composites, Electronic Encapsulation & Others) • By End Use Industry (Building &Construction, Transportation, General Industrial, Consumer Goods, Wind Energy, Aerospace, Marine) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles |
Sinopec Corporation (China), BASF SE (Germany), Dow Chemical Company (US), Mitsubishi Chemical Group Corporation (Japan), 3M (US), Aditya Birla Chemicals (India), Westlake Epoxy (US), Kukdo Chemical Co., Ltd. (South Korea), DIC Corporation (Japan), Nan Ya Plastics Corporation (Taiwan), Olin Corporation (US), Huntsman Corporation (US), Macro Polymers |
Ans: The Epoxy Resins Market is expected to grow at a CAGR of 5.49%.
Ans: Epoxy Resins Market size was USD 12.89 billion in 2023 and is expected to Reach USD 19.76 billion by 2031.
Ans: The growth of the Epoxy Resins Market due to their exceptional corrosion resistance, versatility, and strong adhesion properties.
Ans: Epoxy resins make durable, long-lasting paints and coatings that resist chemicals and scratches, making them ideal for protecting various surfaces in industrial and consumer applications.
Ans: Asia pacific is holding the largest market share in the global Epoxy Resins Market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Epoxy Resins Market Segmentation, By Physical Forms
7.1 Introduction
7.2 Engine Overhaul
7.3 Liquid
7.4 Solid
7.5 Solution
8. Epoxy Resins Market Segmentation, By Material Type
8.1 Introduction
8.2 Airline/Operator MRO
8.3 DGBEA
8.4 Novolac
8.5 Aliphatic
8.6 Glycidyl
8.7 Amine
8.8 Others
9. Epoxy Resins Market Segmentation, By Application
9.1 Introduction
9.2 Narrow-Body
9.3 Paints & Coatings
9.4 Composites
9.5 Adhesives & Sealants
9.6 Others
10. Epoxy Resins Market Segmentation, By End-User
10.1 Introduction
10.2 Old Generation
10.3 Building & Construction
10.4 Automotive
10.5 General Industrial
10.6 Consumer Goods
10.7 Wind Energy
10.8 Aerospace/Aircraft
10.9 Marine
10.10 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Epoxy Resins Market by Country
11.2.3 North America Epoxy Resins Market By Physical Forms
11.2.4 North America Epoxy Resins Market By Material Type
11.2.5 North America Epoxy Resins Market By Application
11.2.6 North America Epoxy Resins Market By End-User
11.2.7 USA
11.2.7.1 USA Epoxy Resins Market By Physical Forms
11.2.7.2 USA Epoxy Resins Market By Material Type
11.2.7.3 USA Epoxy Resins Market By Application
11.2.7.4 USA Epoxy Resins Market By End-User
11.2.8 Canada
11.2.8.1 Canada Epoxy Resins Market By Physical Forms
11.2.8.2 Canada Epoxy Resins Market By Material Type
11.2.8.3 Canada Epoxy Resins Market By Application
11.2.8.4 Canada Epoxy Resins Market By End-User
11.2.9 Mexico
11.2.9.1 Mexico Epoxy Resins Market By Physical Forms
11.2.9.2 Mexico Epoxy Resins Market By Material Type
11.2.9.3 Mexico Epoxy Resins Market By Application
11.2.9.4 Mexico Epoxy Resins Market By End-User
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Epoxy Resins Market by Country
11.3.2.2 Eastern Europe Epoxy Resins Market By Physical Forms
11.3.2.3 Eastern Europe Epoxy Resins Market By Material Type
11.3.2.4 Eastern Europe Epoxy Resins Market By Application
11.3.2.5 Eastern Europe Epoxy Resins Market By End-User
11.3.2.6 Poland
11.3.2.6.1 Poland Epoxy Resins Market By Physical Forms
11.3.2.6.2 Poland Epoxy Resins Market By Material Type
11.3.2.6.3 Poland Epoxy Resins Market By Application
11.3.2.6.4 Poland Epoxy Resins Market By End-User
11.3.2.7 Romania
11.3.2.7.1 Romania Epoxy Resins Market By Physical Forms
11.3.2.7.2 Romania Epoxy Resins Market By Material Type
11.3.2.7.3 Romania Epoxy Resins Market By Application
11.3.2.7.4 Romania Epoxy Resins Market By End-User
11.3.2.8 Hungary
11.3.2.8.1 Hungary Epoxy Resins Market By Physical Forms
11.3.2.8.2 Hungary Epoxy Resins Market By Material Type
11.3.2.8.3 Hungary Epoxy Resins Market By Application
11.3.2.8.4 Hungary Epoxy Resins Market By End-User
11.3.2.9 Turkey
11.3.2.9.1 Turkey Epoxy Resins Market By Physical Forms
11.3.2.9.2 Turkey Epoxy Resins Market By Material Type
11.3.2.9.3 Turkey Epoxy Resins Market By Application
11.3.2.9.4 Turkey Epoxy Resins Market By End-User
11.3.2.10 Rest of Eastern Europe
11.3.2.10.1 Rest of Eastern Europe Epoxy Resins Market By Physical Forms
11.3.2.10.2 Rest of Eastern Europe Epoxy Resins Market By Material Type
11.3.2.10.3 Rest of Eastern Europe Epoxy Resins Market By Application
11.3.2.10.4 Rest of Eastern Europe Epoxy Resins Market By End-User
11.3.3 Western Europe
11.3.3.1 Western Europe Epoxy Resins Market by Country
11.3.3.2 Western Europe Epoxy Resins Market By Physical Forms
11.3.3.3 Western Europe Epoxy Resins Market By Material Type
11.3.3.4 Western Europe Epoxy Resins Market By Application
11.3.3.5 Western Europe Epoxy Resins Market By End-User
11.3.3.6 Germany
11.3.3.6.1 Germany Epoxy Resins Market By Physical Forms
11.3.3.6.2 Germany Epoxy Resins Market By Material Type
11.3.3.6.3 Germany Epoxy Resins Market By Application
11.3.3.6.4 Germany Epoxy Resins Market By End-User
11.3.3.7 France
11.3.3.7.1 France Epoxy Resins Market By Physical Forms
11.3.3.7.2 France Epoxy Resins Market By Material Type
11.3.3.7.3 France Epoxy Resins Market By Application
11.3.3.7.4 France Epoxy Resins Market By End-User
11.3.3.8 UK
11.3.3.8.1 UK Epoxy Resins Market By Physical Forms
11.3.3.8.2 UK Epoxy Resins Market By Material Type
11.3.3.8.3 UK Epoxy Resins Market By Application
11.3.3.8.4 UK Epoxy Resins Market By End-User
11.3.3.9 Italy
11.3.3.9.1 Italy Epoxy Resins Market By Physical Forms
11.3.3.9.2 Italy Epoxy Resins Market By Material Type
11.3.3.9.3 Italy Epoxy Resins Market By Application
11.3.3.9.4 Italy Epoxy Resins Market By End-User
11.3.3.10 Spain
11.3.3.10.1 Spain Epoxy Resins Market By Physical Forms
11.3.3.10.2 Spain Epoxy Resins Market By Material Type
11.3.3.10.3 Spain Epoxy Resins Market By Application
11.3.3.10.4 Spain Epoxy Resins Market By End-User
11.3.3.11 Netherlands
11.3.3.11.1 Netherlands Epoxy Resins Market By Physical Forms
11.3.3.11.2 Netherlands Epoxy Resins Market By Material Type
11.3.3.11.3 Netherlands Epoxy Resins Market By Application
11.3.3.11.4 Netherlands Epoxy Resins Market By End-User
11.3.3.12 Switzerland
11.3.3.12.1 Switzerland Epoxy Resins Market By Physical Forms
11.3.3.12.2 Switzerland Epoxy Resins Market By Material Type
11.3.3.12.3 Switzerland Epoxy Resins Market By Application
11.3.3.12.4 Switzerland Epoxy Resins Market By End-User
11.3.3.13 Austria
11.3.3.13.1 Austria Epoxy Resins Market By Physical Forms
11.3.3.13.2 Austria Epoxy Resins Market By Material Type
11.3.3.13.3 Austria Epoxy Resins Market By Application
11.3.3.13.4 Austria Epoxy Resins Market By End-User
11.3.3.14 Rest of Western Europe
11.3.3.14.1 Rest of Western Europe Epoxy Resins Market By Physical Forms
11.3.3.14.2 Rest of Western Europe Epoxy Resins Market By Material Type
11.3.3.14.3 Rest of Western Europe Epoxy Resins Market By Application
11.3.3.14.4 Rest of Western Europe Epoxy Resins Market By End-User
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia-Pacific Epoxy Resins Market by Country
11.4.3 Asia-Pacific Epoxy Resins Market By Physical Forms
11.4.4 Asia-Pacific Epoxy Resins Market By Material Type
11.4.5 Asia-Pacific Epoxy Resins Market By Application
11.4.6 Asia-Pacific Epoxy Resins Market By End-User
11.4.7 China
11.4.7.1 China Epoxy Resins Market By Physical Forms
11.4.7.2 China Epoxy Resins Market By Material Type
11.4.7.3 China Epoxy Resins Market By Application
11.4.7.4 China Epoxy Resins Market By End-User
11.4.8 India
11.4.8.1 India Epoxy Resins Market By Physical Forms
11.4.8.2 India Epoxy Resins Market By Material Type
11.4.8.3 India Epoxy Resins Market By Application
11.4.8.4 India Epoxy Resins Market By End-User
11.4.9 Japan
11.4.9.1 Japan Epoxy Resins Market By Physical Forms
11.4.9.2 Japan Epoxy Resins Market By Material Type
11.4.9.3 Japan Epoxy Resins Market By Application
11.4.9.4 Japan Epoxy Resins Market By End-User
11.4.10 South Korea
11.4.10.1 South Korea Epoxy Resins Market By Physical Forms
11.4.10.2 South Korea Epoxy Resins Market By Material Type
11.4.10.3 South Korea Epoxy Resins Market By Application
11.4.10.4 South Korea Epoxy Resins Market By End-User
11.4.11 Vietnam
11.4.11.1 Vietnam Epoxy Resins Market By Physical Forms
11.4.11.2 Vietnam Epoxy Resins Market By Material Type
11.4.11.3 Vietnam Epoxy Resins Market By Application
11.4.11.4 Vietnam Epoxy Resins Market By End-User
11.4.12 Singapore
11.4.12.1 Singapore Epoxy Resins Market By Physical Forms
11.4.12.2 Singapore Epoxy Resins Market By Material Type
11.4.12.3 Singapore Epoxy Resins Market By Application
11.4.12.4 Singapore Epoxy Resins Market By End-User
11.4.13 Australia
11.4.13.1 Australia Epoxy Resins Market By Physical Forms
11.4.13.2 Australia Epoxy Resins Market By Material Type
11.4.13.3 Australia Epoxy Resins Market By Application
11.4.13.4 Australia Epoxy Resins Market By End-User
11.4.14 Rest of Asia-Pacific
11.4.14.1 Rest of Asia-Pacific Epoxy Resins Market By Physical Forms
11.4.14.2 Rest of Asia-Pacific Epoxy Resins Market By Material Type
11.4.14.3 Rest of Asia-Pacific Epoxy Resins Market By Application
11.4.14.4 Rest of Asia-Pacific Epoxy Resins Market By End-User
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Epoxy Resins Market by Country
11.5.2.2 Middle East Epoxy Resins Market By Physical Forms
11.5.2.3 Middle East Epoxy Resins Market By Material Type
11.5.2.4 Middle East Epoxy Resins Market By Application
11.5.2.5 Middle East Epoxy Resins Market By End-User
11.5.2.6 UAE
11.5.2.6.1 UAE Epoxy Resins Market By Physical Forms
11.5.2.6.2 UAE Epoxy Resins Market By Material Type
11.5.2.6.3 UAE Epoxy Resins Market By Application
11.5.2.6.4 UAE Epoxy Resins Market By End-User
11.5.2.7 Egypt
11.5.2.7.1 Egypt Epoxy Resins Market By Physical Forms
11.5.2.7.2 Egypt Epoxy Resins Market By Material Type
11.5.2.7.3 Egypt Epoxy Resins Market By Application
11.5.2.7.4 Egypt Epoxy Resins Market By End-User
11.5.2.8 Saudi Arabia
11.5.2.8.1 Saudi Arabia Epoxy Resins Market By Physical Forms
11.5.2.8.2 Saudi Arabia Epoxy Resins Market By Material Type
11.5.2.8.3 Saudi Arabia Epoxy Resins Market By Application
11.5.2.8.4 Saudi Arabia Epoxy Resins Market By End-User
11.5.2.9 Qatar
11.5.2.9.1 Qatar Epoxy Resins Market By Physical Forms
11.5.2.9.2 Qatar Epoxy Resins Market By Material Type
11.5.2.9.3 Qatar Epoxy Resins Market By Application
11.5.2.9.4 Qatar Epoxy Resins Market By End-User
11.5.2.10 Rest of Middle East
11.5.2.10.1 Rest of Middle East Epoxy Resins Market By Physical Forms
11.5.2.10.2 Rest of Middle East Epoxy Resins Market By Material Type
11.5.2.10.3 Rest of Middle East Epoxy Resins Market By Application
11.5.2.10.4 Rest of Middle East Epoxy Resins Market By End-User
11.5.3 Africa
11.5.3.1 Africa Epoxy Resins Market by Country
11.5.3.2 Africa Epoxy Resins Market By Physical Forms
11.5.3.3 Africa Epoxy Resins Market By Material Type
11.5.3.4 Africa Epoxy Resins Market By Application
11.5.3.5 Africa Epoxy Resins Market By End-User
11.5.3.6 Nigeria
11.5.3.6.1 Nigeria Epoxy Resins Market By Physical Forms
11.5.3.6.2 Nigeria Epoxy Resins Market By Material Type
11.5.3.6.3 Nigeria Epoxy Resins Market By Application
11.5.3.6.4 Nigeria Epoxy Resins Market By End-User
11.5.3.7 South Africa
11.5.3.7.1 South Africa Epoxy Resins Market By Physical Forms
11.5.3.7.2 South Africa Epoxy Resins Market By Material Type
11.5.3.7.3 South Africa Epoxy Resins Market By Application
11.5.3.7.4 South Africa Epoxy Resins Market By End-User
11.5.3.8 Rest of Africa
11.5.3.8.1 Rest of Africa Epoxy Resins Market By Physical Forms
11.5.3.8.2 Rest of Africa Epoxy Resins Market By Material Type
11.5.3.8.3 Rest of Africa Epoxy Resins Market By Application
11.5.3.8.4 Rest of Africa Epoxy Resins Market By End-User
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Epoxy Resins Market by Country
11.6.3 Latin America Epoxy Resins Market By Physical Forms
11.6.4 Latin America Epoxy Resins Market By Material Type
11.6.5 Latin America Epoxy Resins Market By Application
11.6.6 Latin America Epoxy Resins Market By End-User
11.6.7 Brazil
11.6.7.1 Brazil Epoxy Resins Market By Physical Forms
11.6.7.2 Brazil Epoxy Resins Market By Material Type
11.6.7.3 Brazil Epoxy Resins Market By Application
11.6.7.4 Brazil Epoxy Resins Market By End-User
11.6.8 Argentina
11.6.8.1 Argentina Epoxy Resins Market By Physical Forms
11.6.8.2 Argentina Epoxy Resins Market By Material Type
11.6.8.3 Argentina Epoxy Resins Market By Application
11.6.8.4 Argentina Epoxy Resins Market By End-User
11.6.9 Colombia
11.6.9.1 Colombia Epoxy Resins Market By Physical Forms
11.6.9.2 Colombia Epoxy Resins Market By Material Type
11.6.9.3 Colombia Epoxy Resins Market By Application
11.6.9.4 Colombia Epoxy Resins Market By End-User
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Epoxy Resins Market By Physical Forms
11.6.10.2 Rest of Latin America Epoxy Resins Market By Material Type
11.6.10.3 Rest of Latin America Epoxy Resins Market By Application
11.6.10.4 Rest of Latin America Epoxy Resins Market By End-User
12. Company Profiles
12.1 Henkel AG & Co. KGaA (Germany)
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 The SNS View
12.2 3M (US)
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 The SNS View
12.3 PPG Industries Inc.
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 The SNS View
12.4 Huntsman International LLC. (US)
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 The SNS View
12.5 Solvay Group (Belgium)
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 The SNS View
12.6 Master Bond Inc.
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 The SNS View
12.7 Beacon Adhesives
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 The SNS View
12.8 DuPont
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 The SNS View
12.9 H.B. Fuller Company
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 The SNS View
12.10 Scigrip Adhesives.
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 The SNS View
12.11 Illinois Tool Works Inc.
12.11.1 Company Overview
12.11.2 Financial
12.11.3 Products/ Services Offered
12.11.4 The SNS View
12.12 LORD Corporation
12.12.1 Company Overview
12.12.2 Financial
12.12.3 Products/ Services Offered
12.12.4 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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