Japan Epoxy Resins Market, By Type (DGBEA, DGBEF, Novolac, Others), By Form (Liquid, Solid, Solution), By Application (Encapsulation, Others), By End User (Building & Construction, Aerospace, Marine, Others), Estimation & Forecast 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Japan Epoxy Resins market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Japan Epoxy Resins market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Market Introduction
The Japan Epoxy Resins market held a market value of USD 193.7 Million in 2020 and is forecasted to reach USD 226.2 Million by the year 2027. The market is expected to witness a CAGR of 2.3% over the projected period. In 2020, around 112 kilo tons of epoxy resin was sold.
Epoxy resin is a flexible thermosetting resin produced by copolymerization of an epoxide with another compound which has 2 hydroxyl groups and used in adhesives and coatings. The market is anticipated to be driven by factors such as the increase in demand for lightweight composites and infrastructural development.
Despite these driving factors, the characteristics disadvantages over alternatives and volatility of raw material prices are estimated to negatively hamper market growth. The COVID-19 pandemic negatively impacted the market growth owing to supply chain disruptions and closure of manufacturing facilities.
Growth Influencers:
Infrastructural development
Adoption of epoxy resins is increasing in infrastructural development owing to its various applications. These applications include binder in cement & mortars, non-skid coatings, general-purpose adhesives, rigid foams, industrial coatings, solidifying sandy surfaces in oil drilling, fiber-reinforced plastics, and potting & encapsulating media, among others. Therefore, high use in infrastructural development is anticipated to fuel the market growth.
Segments Overview:
The Japan Epoxy Resins market is segmented into type, form, application, and end user.
By Type,
• DGBEA (Bisphenol A and ECH)
• DGBEF (Bisphenol F and ECH)
• Novolac (Formaldehyde and Phenols)
• Glycidyl amine (Aromatic Amines and ECH)
• Aliphatic (Aliphatic Alcohols)
• Others
The DGBEA (Bisphenol A and ECH) segment is estimated to hold the largest value share of about 69% owing to its various industrial applications, such as adhesives, coatings, paints, and structural applications. The Novolac (Formaldehyde and Phenols) segment is expected to witness the fastest growth rate of about 3.1% owing to its better chemical resistance as compared to other epoxy resin types.
By Form,
• Liquid
• Solid
• Solution
The liquid segment is expected to account for the largest market share owing to its high usage in various applications. The solid segment is estimated to account for a market volume of around 27.5 kilo tons.
By Application,
• Paints & Coatings
• Composites
• Adhesives & Sealants
• Encapsulation
• Others
The paints and coating segment is expected to account for the largest market share owing to high use of epoxy resin for production of paints and coatings. Adhesives and sealants segment is estimated to witness a growth rate of about 2.3%. Encapsulation segment is anticipated to surpass a market volume of about 21.1 kilo tons by 2027.
By End User,
• Building & Construction
• Aerospace
• Consumer Goods
• Marine
• Wind Power
• Others
The building and construction segment is expected to account for the largest market share of over 29% owing to increasing demand of epoxy resins in this industry. Aerospace sector is expected to witness the fastest growth rate owing to lightweight nature of epoxy resins. The wind power segment is anticipated to cross a market volume size of about 16.1 kilo tons by 2026.
Competitive Landscape
Key players operating in the Japan Epoxy Resins market include The 3M Company, Aditya Birla Chemicals, Arkema, BASF SE, Covestro AG, Cytec Solvay Industries, DuPont, Evonik Industries, Huntsman International LLC, Jiangsu Sanmu Group, Jubail Chemical Industries, Kukdo Chemical Co. Ltd., MPM Holdings, Olin Corporation, Sinopec Corporation, Sika AG, Hitachi Automotive Sys, Toray International Inc., Dic Corporation, and Kaneka Corporation, among others.
The major 10 players in the market are expected to hold around 76% share of the market. These market players are engaged in mergers & acquisitions, collaborations, and new product launches to strengthen their market presence. For instance, in January 2021, Huntsman Corporation acquired Gabriel Performance Products for strengthening its position in the business of specialty additives and epoxy curing agents for adhesives, coatings, composite, and sealants end-markets.
The Japan Epoxy Resins market report provides insights on the below pointers:
• Market Penetration: Provides comprehensive information on the market offered by the prominent players
• Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
• Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
• Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the Japan Epoxy Resins market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
• Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
• Application Analysis – Top customers in Japan, by Application
• End User Analysis – Top customers in Japan, by End User
The Japan Epoxy Resins market report answers questions such as:
• What is the market size and forecast of the Japan Epoxy Resins Market?
• What are the inhibiting factors and impact of COVID-19 on the Japan Epoxy Resins Market during the assessment period?
• Which are the products/segments/applications/areas to invest in over the assessment period in the Japan Epoxy Resins Market?
• What is the competitive strategic window for opportunities in the Japan Epoxy Resins Market?
• What are the technology trends and regulatory frameworks in the Japan Epoxy Resins Market?
• What is the market share of the leading players in the Japan Epoxy Resins Market?
• What modes and strategic moves are considered favorable for entering the Japan Epoxy Resins Market?
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Japan Epoxy Resins Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Japan Epoxy Resins market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Japan Epoxy Resins Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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