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市場調查報告書
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1532964

環氧樹脂市場-2024年至2029年預測

Epoxy Resins Market - Forecasts from 2024 to 2029

出版日期: | 出版商: Knowledge Sourcing Intelligence | 英文 146 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

預計在預測期(2024-2029年),全球環氧樹脂市場將以5.34%的複合年成長率成長。

環氧樹脂是反應性中間體,在使用前透過聚合與共反應物一起交聯成3D可注射網路。交聯過程透過羥基或環氧化物發生。環氧樹脂是一種固化劑,每個分子通常含有至少一個反應位點,固化過程形成3D網路。

環氧樹脂技術正在幫助使風能、太陽能和新電池技術等再生能源來源更加高效、可擴展且價格實惠。這些樹脂進一步用於建築業,因為它們有助於延長建築物的使用壽命。這是透過提高結構部件、工程黏劑和油漆的耐久性來實現的。同時,環氧樹脂在食品和飲料行業中用作保護層,以將食品和飲料與罐頭中使用的金屬分開。環氧樹脂塗層有助於最大限度地減少金屬腐蝕,從而不影響食品和飲料的安全。

全球環氧樹脂市場的促進因素:

  • 由於環氧樹脂在電線、電纜和變壓器中的使用不斷增加,電氣和電子設備行業的興起對環氧樹脂市場產生了重大影響。環氧樹脂對於封裝和灌封電子元件以及保護它們免受環境因素的影響至關重要。根據《2020 年世界電子更新》,PIB 報告的電子產業價值超過 2.9 兆美元。同年,光是全球電子產品市場就相當於印度2.9兆美元的國內生產總值。

此外,製造商透過封裝保護半導體免受濕氣、灰塵和機械應力等環境因素的影響。這種封裝製程對於性能和效率至關重要,因為它可以提高導熱性、改善散熱並有助於保持半導體裝置的最佳動作溫度。 2022 年 1 月,商務部發出資訊請求,以協助引導 CHIPS 法案資助的計畫並支持強勁的國內半導體產業。此外,印度等國的半導體需求高度依賴進口。據國際貿易局稱,印度95%的半導體從中國、台灣、韓國和新加坡進口。隨著半導體和電子市場的成長,環氧樹脂市場預計也會成長。

  • 環氧樹脂市場的產品創新正在擴大其在汽車、電子和航太等多個產業的影響力。低揮發性有機化合物和生物基選項是配方的進步,有助於滿足不斷變化的環境標準和消費者偏好。例如,索爾維宣佈於2021年10月推出Cycom EP2190,這是一種提供厚膜和薄膜結構的環氧基系統。作為該公司航太主結構的新旗艦產品,該材料將用於大多數航空細分市場的現有機翼,包括城市空中運輸、民用和商業航太(亞音速和超音速)、國防和旋翼,並與機身競爭。

除此之外,Sicomin Epoxy Systems 的 SR Green Poxy 33 是​​市場上產品創新的絕佳範例。這種環氧樹脂在其配方中使用 35% 的生物基碳,使您能夠在不影響性能的情況下減少產品的碳排放。此樹脂用於接觸層壓、灌注、複合樹脂熱製造和真空袋裝。

此外,多家公司提供以環氧樹脂為基礎的產品,這影響了產品的利用率。例如,2024年5月,Panacol開發了一種專用用於黏合油氣過濾器的新型環氧樹脂粘合劑。 Structalit 5826 VT 對液體和介質具有極強的抵抗力,建議用於引擎製造和造船業中的粘合過濾器。環氧樹脂兼具耐用性和可靠性,有助於其在從黏劑到電子封裝的各種應用中使用,並確保全球市場的需求。

全球環氧樹脂市場細分分析:

  • 從原料來看,DGBEA 是最受歡迎的細分市場之一。

環氧樹脂通常由環氧氯丙烷 (ECH) 和雙酚 A (BPA) 反應生成。然而,後者可以用其他成分代替,包括脂肪族二醇、苯酚和鄰甲酚酚醛清漆。在環氧樹脂製造過程中,兩種原料都送入反應器中。當此溶液達到沸點時,將20-40%的苛性鈉溶液加入反應容器中。未反應的 ECH 蒸發完成後,加入惰性溶劑以分離兩相。清洗形成的樹脂並透過真空蒸餾除去溶劑。

DGBEA的受歡迎主要是由於其優異的機械性能、附著力和耐化學性,這使其在全球市場上具有優勢。這些特性使 DGBEA 適用於建築、電子和汽車行業等各行業的應用。

  • 建築和建設產業的需求不斷成長

環氧樹脂用於建設產業,可延長建築物的使用壽命並減少維修的需要。樹脂可提高工程黏劑、結構件和油漆的耐久性。油漆和塗料、地板材料、管道和高性能黏劑是使用環氧樹脂的一些領域。以環氧樹脂增強的塗料不僅能形成保護膜,而且乾燥速度快。它們也用於鑄鋼、鑄鋁和工廠鑄鐵。

根據美國人口普查局和美國住房與城市發展部2024年4月發布的住宅建設統計數據,共有144萬份建築許可證和162.3萬套竣工住宅。

此外,規劃委員會基礎設施秘書處透過多項政策參與在印度創建世界一流的基礎設施。這些政策重點關注橋樑、水壩、電力、道路和城市基礎設施的發展。這些努力,加上建設產業的成長,增加了對管道和儲罐的需求,加速了環氧樹脂市場的擴張。

儘管如此,環氧樹脂在地板材料應用中發揮著重要作用,特別是在需要無菌表面的環境中,例如醫療環境和食品加工設施。這些地板可以使用強力清洗劑輕鬆消毒。環氧管道內襯耐用且耐氯和微生物,這就是它用於複合管道和儲罐的原因。此外,由於其優異的耐熱性和耐化學性,它也用於生產甲板、牆壁和屋頂的複合板。

  • 亞太環氧樹脂市場預計將顯著成長

在印度和中國的高需求的支持下,亞太地區預計將成為全球領先的環氧樹脂市場。這一成長也得益於基礎設施發展的進步以及製造業的成長。例如,中國正在大力投資各種工具機和數位化製造技術的開發。中國政府的目標是使中國成為先進製造業的世界領導者,並制定了「中國製造2025」作為實現這一目標的五年計畫。

除此之外,環氧樹脂對於保護電子元件至關重要。樹脂包裹著精密零件,保護它們免受化學物質、濕氣和灰塵的影響。這延長了電子設備的使用壽命並確保了可靠性和耐用性。 Invest India表示,截至2024年,印度電子市場價值達1,550億美元,其中國內生產將佔65%。這種成長加速歸功於5G網路和物聯網的部署。 「數位印度」和「智慧城市」等措施正在開創電子設備的新時代,並增加對物聯網的需求。隨著人均可支配收入和個人消費的不斷成長,印度已成為全球最大的電子產品市場之一。同時,Semicon India 計劃投入 100 億美元在印度開發永續的半導體和顯示生態系統,為印度產業的技術領先地位鋪路。因此,這種材料可作為基石,確保各種電子產品的性能並影響市場成長。

全球環氧樹脂市場的主要發展:

  • 2024年2月,DIC公司宣布成功開發出革命性的環氧樹脂固化劑技術。
  • 2023 年 10 月,領先的環氧樹脂和聚氨酯樹脂系統配方師 Robnor ResinLab 宣布推出新型生物基環氧樹脂 PX806C。這種新型樹脂即使在惡劣條件下也能確保高性能和耐用性。 Robnor ResinLab PX806C 符合 REACH 和 RoHS 標準,可以 500 克雙包裝購買。
  • 2023 年 5 月,三井化學株式會社獲得了國際永續性碳認證 (ISCC) PLUS 系統的認證,該系統對屬於生質能酚鏈一部分的環氧樹脂進行永續產品認證。
  • 2022年5月,先進輕質複合材料技術的全球領導者赫氏公司開發了一系列產品,結合了由生物基樹脂成分製備的赫氏樹脂系統和天然纖維增強材料,適用於汽車、船舶和海洋應用,為風力發電應用創建了材料解決方案。

全球環氧樹脂市場細分分析如下:

按原料分

  • DGBEA(Bisphenol A and ECH)
  • DGBEF(Bisphenol F and ECH)
  • Novolac(Formaldehyde and Phenols)
  • Aliphatic(Aliphatic Alcohols)
  • Gycidylamine(Aromatic Amines and ECH)
  • Other Raw Materials

按用途

  • 油漆/塗料
  • 黏劑/密封劑
  • 複合材料
  • 電氣/電子設備
  • 海洋
  • 風力發電機
  • 其他

按地區

  • 北美洲
  • 南美洲
  • 歐洲
  • 中東/非洲
  • 亞太地區

目錄

第1章 簡介

  • 市場概況
  • 市場定義
  • 調查範圍
  • 市場區隔
  • 貨幣
  • 先決條件
  • 基準年和預測年時間表
  • 相關人員的主要利益

第2章調查方法

  • 研究設計
  • 調查過程

第3章執行摘要

  • 主要發現
  • 分析師觀點

第4章市場動態

  • 市場促進因素
    • 建設產業需求增加
    • 可再生能源的進展
  • 市場限制因素
    • 環境法規
    • 與替代材料的競爭
  • 波特五力分析
  • 產業價值鏈分析

第5章全球環氧樹脂市場:依原料分類

  • 介紹
  • DGBEA(雙酚 A 和 ECH)
  • DGBEF(雙酚 F 和 ECH)
  • 酚醛清漆(甲醛和苯酚)
  • 脂肪族(脂肪醇)
  • 縮水甘油胺(芳香胺和ECH)
  • 其他原料

第6章全球環氧樹脂市場:依應用分類

  • 介紹
  • 油漆和塗料
  • 黏劑和密封劑
  • 複合材料
  • 電力/電子
  • 海洋
  • 風力發電機
  • 其他

第7章全球環氧樹脂市場:依地區

  • 世界概況
  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 南美洲
    • 巴西
    • 阿根廷
    • 南美洲其他地區
  • 歐洲
    • 英國
    • 德國
    • 法國
    • 義大利
    • 西班牙
    • 其他歐洲國家地區
  • 中東/非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 其他中東/非洲地區
  • 亞太地區
    • 中國
    • 印度
    • 日本
    • 韓國
    • 台灣
    • 泰國
    • 印尼
    • 其他亞太地區

第8章競爭環境及分析

  • 主要企業及策略分析
  • 市場佔有率分析
  • 合併、收購、協議和合作
  • 競爭對手儀表板

第9章 公司簡介

  • 3M
  • Aditya Birla Chemicals
  • KOLON Industries
  • Epic Resins
  • DIC Corporation
  • Dow
  • Orson Resins and Coatings Private Limited
  • Adhesives Technology Corp.(Meridian Adhesives Group LLC)
  • Olin Epoxy
  • Westlake Epoxy
簡介目錄
Product Code: KSI061616976

The global epoxy resins market is expected to grow at a CAGR of 5.34% during the forecast period (2024-2029).

Epoxy resins are reactive intermediates that are cross-linked by polymerization into a three-dimensional infusible network with co-reactants before these can be used. The cross-linking process can occur through hydroxyl groups or epoxide. Epoxy resins are curing agents that usually contain at least one reaction site per molecule, and the curing process forms a three-dimensional network.

Epoxy technology helps renewable sources, including wind, solar, and new battery technologies, be more efficient, scalable, and affordable. These resins are further used in the construction industry as they help increase the lifespan of buildings. This is achieved by improved durability of structural parts, engineering adhesives, and paints. Alongside this, epoxy resins are used in the food and beverage industry as protective layers that separate food and drinks from the metal used in cans. To avoid compromise in the safety of food and drinks, the epoxy resin coatings help minimize the metal corrosion.

GLOBAL EPOXY RESINS MARKET DRIVERS:

  • The rise of the electrical and electronics sector has a significant influence on the epoxy resins market, owing to its growing use in wires, cables, and transformers. Epoxy resins are crucial for encapsulating and potting electronic components and safeguarding them from environmental factors. According to the World Electronics Update 2020, the electronics sector crossed $2.9 trillion as reported by PIB. In the same year, electronics alone had a global market worth that was equal to India's gross domestic product, $2.9 trillion.

Moreover, manufacturers shield semiconductors from environmental factors such as moisture, dust, and mechanical stress by encapsulating semiconductors. This encapsulation process is essential for performance and efficiency since it enhances thermal conductivity, improves heat dissipation, and helps maintain optimal operating temperatures for semiconductor devices. In January 2022, the Department of Commerce released a Request for Information to assist steer CHIPS Act-funded programs to support a robust domestic semiconductor sector. Furthermore, countries like India rely heavily on imports for their semiconductor requirements. As per the International Trade Administration, India imports 95% of its semiconductors from China, Taiwan, South Korea, and Singapore. Amidst the growing market for semiconductors and electronics, the epoxy resin market is anticipated to propel.

  • Product innovation in the epoxy resin market expands its reach across multiple industries, including automotive, electronics, and aerospace. Low-VOC and bio-based options are some advancements in formulations that help meet the evolving environmental standards and consumer preferences. Solvay, for instance, announced the launch of CYCOM EP2190, an epoxy-based system that offers thick and thin structures, in October 2021. As the company's new flagship product for aerospace primary structures, the material competes with existing wing and fuselage applications solutions in most aviation market segments, including urban air mobility, private and commercial aerospace (sub and supersonic), defense, and rotorcraft.

Besides this, SR Greenpoxy 33, offered by Sicomin Epoxy Systems, is an excellent example of product innovation in the market. This epoxy resin uses 35% biobased carbons in its formulations which helps reduce the carbon footprint of the products without compromising its performance. This resin is used for contact lamination, infusion, hot production of composite resins, and vacuum bagging.

Furthermore, multiple companies offer epoxy resin-based products, impacting product utilization. Panacol, for example, created a new epoxy resin adhesive in May 2024 designed exclusively for gluing oil and gas filters. Structalit 5826 VT is extremely resistant to fluids and media and is recommended for bonding filters in engine construction and shipbuilding. Comprehensively, epoxy resins offer durability and reliability, fostering its use in various applications from adhesives to electronic encapsulation and ensuring demand across global markets.

GLOBAL EPOXY RESINS MARKET SEGMENT ANALYSIS:

  • By raw material, DGBEA is one of the most popular segments.

Epoxy resins are popularly produced by the reaction between epichlorohydrin (ECH) and Bisphenol-A (BPA). However, the latter can be replaced by other raw materials, including aliphatic glycols, phenol, and o-cresol novolacs. The process for producing epoxy resins involves both the materials being charged into a reactor. As this solution is brought to the boiling point another solution of 20-40% caustic soda is added in the reaction vessel. Once the evaporation of unreacted ECH is completed, the two phases are separated by adding inert solvents. The resin formed is then washed, and the solvent is removed by vacuum distillation.

DGBEA's popularity is mainly due to the excellent mechanical properties, adhesion, and chemical resistance it provides, giving it an edge in the global market. Owing to these properties, it is deemed suitable for application in various industries including construction, electronics, and automotive industries.

  • Rising demand from the building and construction industry.

To help increase the lifespan of buildings and decrease the requirement for refurbishing, epoxy resins are used in the building and construction industry. The resins improve the durability of engineering adhesives, structural parts, and paints. Paintings and coatings, flooring, plumbing and pipes, and high-performance adhesives are some of the areas where epoxy resins are utilized. In addition to providing protective coating, epoxy-enhanced paints also dry quickly. These are also utilized in cast steel, cast aluminum applications, and factory cast iron.

As per the new residential construction statistics released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development in April 2024, the number of building permits was 14,40,000, whereas the housing completions were 16,23,000.

In addition, the Secretariat of Infrastructure in the Planning Commission is involved in creating world-class infrastructure in India by initiating multiple policies. These policies focus on bridges, dams, power, roads, and urban infrastructure development. These initiatives, coupled with the growth in construction, fuel the demand for the use of pipes and tanks, which in turn upsurges the epoxy resins market expansion.

Nonetheless, epoxies play a significant role in flooring applications, specifically in environments requiring sterile surfaces, such as medical settings and food-processing facilities. These floors can be easily sanitized using stronger cleaning products. Since the epoxy pipe lining is durable and resistant to chlorine and microbes, epoxy resins are used in composite pipes and tanks. It is further utilized in manufacturing laminated wood for decks, walls, and roofs owing to its heat and chemical-resistant properties.

  • Asia Pacific epoxy resin market is anticipated to grow significantly.

Asia Pacific is anticipated to be the leading market for epoxy resins globally, supported by high demand from India and China. This growth is also owed to the growth in infrastructure development coupled with growth in the manufacturing industry. China, for instance, has invested heavily in developing various machine tools and digitalized manufacturing technologies. The government of China aims to make China a global leader in advanced manufacturing, for which a five-year plan named" Made in China 2025" has been set.

Along with this, epoxy resins are crucial in safeguarding electronic components. The resins are applied to envelop sensitive parts and shield them from chemicals, moisture, and dust. This extends the operational lifespan and ensures the reliability and durability of electronic devices. As of 2024, the electronics market in India is valued at US$155 Billion, of which domestic production accounts for 65%, as stated by Invest India. This accelerated growth is attributed to the rollout of 5G networks and IoT. Initiatives, including "Digital India" and" Smart City", have ushered in a new era for electronic devices, increasing the demand for IoT. With the growth in per capita disposable income and private consumption, the nation has emerged as one of the largest electronics products markets in the world. Alongside this, to pave the way for India's technological leadership in the industry, the Semicon India Program was established with an incentive outlay of US$10 Billion to develop a sustainable semiconductor and display ecosystem in the nation. Thus, This material serves as a cornerstone and ensures the performance of a wide array of electronic products, which impacts the market growth.

Global Epoxy Resins Market Key Developments:

  • In February 2024, DIC Corporation announced that it had succeeded in developing technology for groundbreaking epoxy resin curing agents. This agent resists heat up to 200°C and can also be recycled.
  • In October 2023, The leading formulator of epoxy and polyurethane resin systems, Robnor ResinLab, announced the launch of its new bio-based epoxy resin named PX806C. This new resin ensures high performance and durability even in challenging conditions. Robnor ResinLab PX806C is REACH and RoHS compliant and can be purchased in a 500g twin-pack.
  • In May 2023, Mitsui Chemicals Inc. acquired the certification for epoxy resins, which is a part of the biomass phenol chain, under the International Sustainability and Carbon Certification (ISCC) PLUS system for certifying sustainable products. Moving forward, the company plans to make further contributions to adopting biomass products in society.
  • In May 2022, Hexcel Corporation, a global leader in advanced lightweight composites technology, developed a product range that combines Hexcel resin systems prepared with bio-derived resin content with natural fiber reinforcements to create material solutions for automotive, marine, and wind applications.

The global epoxy resins market is segmented and analyzed as follows:

By Raw Material

  • DGBEA (Bisphenol A and ECH)
  • DGBEF (Bisphenol F and ECH)
  • Novolac (Formaldehyde and Phenols)
  • Aliphatic (Aliphatic Alcohols)
  • Gycidylamine (Aromatic Amines and ECH)
  • Other Raw Materials

By Application

  • Paints and Coatings
  • Adhesives and Sealants
  • Composites
  • Electrical and Electronics
  • Automotive
  • Marine
  • Wind Turbines
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. Market Overview
  • 1.2. Market Definition
  • 1.3. Scope of the Study
  • 1.4. Market Segmentation
  • 1.5. Currency
  • 1.6. Assumptions
  • 1.7. Base and Forecast Years Timeline
  • 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

  • 2.1. Research Design
  • 2.2. Research Process

3. EXECUTIVE SUMMARY

  • 3.1. Key Findings
  • 3.2. Analyst View

4. MARKET DYNAMICS

  • 4.1. Market Drivers
    • 4.1.1. Growing Demand in Construction Industry
    • 4.1.2. Advancements in Renewable Energy
  • 4.2. Market Restraints
    • 4.2.1. Environmental Regulations
    • 4.2.2. Competition from Substitute Materials
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. The Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
  • 4.4. Industry Value Chain Analysis

5. GLOBAL EPOXY RESINS MARKET BY RAW MATERIAL

  • 5.1. Introduction
  • 5.2. DGBEA (Bisphenol A and ECH)
  • 5.3. DGBEF (Bisphenol F and ECH)
  • 5.4. Novolac (Formaldehyde and Phenols)
  • 5.5. Aliphatic (Aliphatic Alcohols)
  • 5.6. Gycidylamine (Aromatic Amines and ECH)
  • 5.7. Other Raw Materials

6. GLOBAL EPOXY RESINS MARKET BY APPLICATION

  • 6.1. Introduction
  • 6.2. Paints and Coatings
  • 6.3. Adhesives and Sealants
  • 6.4. Composites
  • 6.5. Electrical and Electronics
  • 6.6. Automotive
  • 6.7. Marine
  • 6.8. Wind Turbines
  • 6.9. Others

7. GLOBAL EPOXY RESINS MARKET BY GEOGRAPHY

  • 7.1. Global Overview
  • 7.2. North America
    • 7.2.1. United States
    • 7.2.2. Canada
    • 7.2.3. Mexico
  • 7.3. South America
    • 7.3.1. Brazil
    • 7.3.2. Argentina
    • 7.3.3. Rest of South America
  • 7.4. Europe
    • 7.4.1. United Kingdom
    • 7.4.2. Germany
    • 7.4.3. France
    • 7.4.4. Italy
    • 7.4.5. Spain
    • 7.4.6. Rest of Europe
  • 7.5. Middle East and Africa
    • 7.5.1. Saudi Arabia
    • 7.5.2. United Arab Emirates
    • 7.5.3. Rest of Middle East and Africa
  • 7.6. Asia-Pacific
    • 7.6.1. China
    • 7.6.2. India
    • 7.6.3. Japan
    • 7.6.4. South Korea
    • 7.6.5. Taiwan
    • 7.6.6. Thailand
    • 7.6.7. Indonesia
    • 7.6.8. Rest of Asia-Pacific

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 8.1. Major Players and Strategy Analysis
  • 8.2. Market Share Analysis
  • 8.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 8.4. Competitive Dashboard

9. COMPANY PROFILES

  • 9.1. 3M
  • 9.2. Aditya Birla Chemicals
  • 9.3. KOLON Industries
  • 9.4. Epic Resins
  • 9.5. DIC Corporation
  • 9.6. Dow
  • 9.7. Orson Resins and Coatings Private Limited
  • 9.8. Adhesives Technology Corp. (Meridian Adhesives Group LLC)
  • 9.9. Olin Epoxy
  • 9.10. Westlake Epoxy