Global Hbpa Epoxy Resin Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 2,102.40 Million |
 Market Size (Forecast Year) |
USD 3,134.72 Million |
 CAGR |
% |
| Major Markets Players |
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market, By Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, Others) – Industry Trends and Forecast to 2030.
Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Analysis and Size
Hydrogenated bisphenol A (HBPA) is a chemical employed in the production of thermosetting polymers such as epoxy resins. These resins serve as crucial raw materials in various industries, including automotive, construction, and more. The HBPA epoxy resin market is primarily propelled by its growing utilization in paints and coatings, particularly in applications such as architectural and industrial coatings. The increased demand for protective coatings in the electronics and electrical industry is also expected to drive the HBPA epoxy resins market's growth.
Data Bridge Market Research analyses that the global hydrogenated bisphenol-A (HBPA) epoxy resin market which was USD 2,102.40 million in 2022, would rocket up to USD 3,134.72 million by 2030, and is expected to undergo a CAGR of 5.12% during the forecast period of 2023 to 2030. “Liquid” dominates the type segment of the global hydrogenated bisphenol-A (HBPA) epoxy resin market due to its versatility and ease of application, making it a preferred choice for various industries, including coatings, adhesives, and electronics.. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
|
Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Pricing in USD, Volumes in Units |
|
Segments Covered |
Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, Others) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific , Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America |
|
Market Players Covered |
Hexion (U.S.), Atul Ltd (India), New Japan Chemical Co. Ltd. (Japan), Aditya Birla Chemicals (India), Kukdo Chemicals Co. Ltd. (South Korea), Anhui Xinyuan Chemical Co. Ltd. (China), SIR Industriale (Italy), LANXESS (U.S.), Nagase America Corporation (U.S.), and Huntsman Corporation L.L.C (U.S.), Mitsubishi Chemical Holdings Corporation.(Japan), Milliken & Co group (U.S.), Dow (U.S.), Olin Corporation (U.S.), Solvay (Belgium) |
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Market Opportunities |
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Market Definition
Bisphenol-A (BPA) is an organic synthetic compound, existing as a colorless solid. The process of hydrogenating bisphenol-A involves the use of various solvent and catalyst combinations at elevated temperatures and hydrogen pressure. For instance, water and mesoporous silica-based nano ruthenium can be employed, with water serving as the solvent. This hydrogenation enhances the qualities of bisphenol-A, leading to hydrogenated bisphenol-A (HBPA), which imparts excellent color stability and weather resistance to epoxy resin. HBPA epoxy resin is created by combining HBPA and epichlorohydrin (ECH), often in the presence of solid alkali metal hydroxides, serving as a novel catalyst alongside sodium hydroxide.
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Dynamics
Drivers
- Growing Demand in Protective Coatings
The HBPA epoxy resin market is driven by increasing applications in protective coatings, including architectural and industrial coatings, due to its excellent corrosion resistance properties. This demand is further boosted by the electronics and electrical industry requiring protective coatings.
- Expansion in End-Use Industries
The growth of end-use industries such as automotive, construction, and electronics fuels the demand for HBPA epoxy resins. Their versatility and durability make them essential components in various products.
Opportunities
- Rising Eco-Friendly Solutions
Increasing environmental concerns present an opportunity for eco-friendly HBPA epoxy resin alternatives. Companies can innovate to develop sustainable, bio-based resins to cater to eco-conscious consumers.
- Technological Advancements
Continuous research and development efforts can lead to technological advancements, improving the performance and applications of HBPA epoxy resins in new markets
Restraints/Challenges
- Stringent Regulatory Compliance
The HBPA epoxy resin market is constrained by stringent regulations governing chemical use and production. Manufacturers grapple with the challenge of adhering to rigorous environmental and safety standards, which can be a complex endeavor.
- Intense Market Competition
The HBPA epoxy resin market confronts formidable competition from alternative resin and material options, potentially impeding its growth prospects.
Recent Developments
- In July 2022, Mitsubishi Chemical Group (MCG) will cease production and sales of select solid bisphenol-A epoxy resin products by March 2024 due to economic challenges and aging facilities. They'll maintain production of other epoxy resins and expand special epoxy resin facilities in Fukuoka by April 2023. MCG prioritizes portfolio management in thriving markets
- In Jun 2022, Hexion Inc. will raise off-list prices for certain epoxy resins and Bisphenol-A in North and South America starting October 1, 2017, due to Hurricane Harvey's impact on Gulf Coast operations. Prices will increase by $0.07 per pound for Bisphenol A and $0.05 per pound for EPON Liquid Epoxy Resin, EPON Solid Epoxy Resin, and EPIKOTE Resin Solutions, while other sales terms remain unchanged.
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Scope
The global hydrogenated bisphenol-A (HBPA) epoxy resin market is segmented on the basis of physical form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Physical Form
- Liquid
- Solid
Application
- E&E Coating
- Industrial Coating
- Others
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Regional Analysis/Insights
The global hydrogenated bisphenol-A (HBPA) epoxy resin market is analysed and market size insights and trends are provided by country, physical form and application referenced above.
The countries covered in the global hydrogenated bisphenol-A (HBPA) epoxy resin market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific , Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
Asia Pacific dominates the global hydrogenated bisphenol-A (HBPA) epoxy resin market due to its robust packaging industries, growing consumer demands, industrialization, and strong manufacturing capabilities, with China and India playing pivotal roles in production and consumption.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Industry Growth and New Technology Penetration
The global hydrogenated bisphenol-A (HBPA) epoxy resin market also provides you with detailed market analysis for every country growth in global hydrogenated bisphenol-A (HBPA) epoxy resin, installed new production plant, impact of technology using life line curves and changes in global hydrogenated bisphenol-A (HBPA) epoxy resin regulatory scenarios and their impact on the global hydrogenated bisphenol-A (HBPA) epoxy resin market. The data is available for historic period 2015 to 2020.
Competitive Landscape and Global Hydrogenated Bisphenol-A (HBPA) Epoxy Resin Market Share Analysis
The global hydrogenated bisphenol-A (HBPA) epoxy resin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global hydrogenated bisphenol-A (HBPA) epoxy resin market.
Some of the major players operating in the global hydrogenated bisphenol-A (HBPA) epoxy resin market are:
- Hexion (U.S.)
- Atul Ltd (India)
- New Japan Chemical Co. Ltd. (Japan)
- Aditya Birla Chemicals (India)
- Kukdo Chemicals Co. Ltd. (South Korea)
- Anhui Xinyuan Chemical Co. Ltd.(China)
- SIR Industriale (Italy)
- LANXESS(US)
- Nagase America Corporation (U.S.)
- Huntsman Corporation L.L.C (U.S.)
- Mitsubishi Chemical Holdings Corporation. (Japan)
- Milliken & Co group (U.S.)
- Dow (U.S.)
- Olin Corporation (U.S.)
- Solvay (Belgium)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
