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South America Epoxy Resins Market Analysis, Forecast [2031]
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South America Epoxy Resins Market Analysis, Forecast [2031]

Segments - South America Epoxy Resins Market by Raw Materials (Novolac, DGBEA, DGBEF, Glycidylamine, Aliphatic, and Other Raw Materials), Applications (Adhesives and Sealants, Paints and Coatings, Composites, Wind Turbines, Electrical and Electronics, and Other Applications), and Geography (Argentina, Chile, Brazil, Columbia, and Rest of South America) - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-2197 | 4.6 Rating | 85 Reviews | 190 Pages | Format : PDF Excel PPT

Report Description


South America Epoxy Resins Market Outlook

The South America Epoxy Resins Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 4% during the forecast period, 2023 – 2031. The growth of the market is attributed to the strong growth of the construction industry.

Epoxy resins is a receptive polymer and prepolymer that includes epoxide groups. This type of resin reacts either with themselves in the effect of catalyst or with numerous co-reactants such as phenols, amines, and thiols. Epoxy resins have numerous modern applications for an assortment of purposes. It has higher rigid strength and more warm than different types of resins.

South America Epoxy Resins Market Outlook

Epoxy resin is a durable compound that can be utilized with different materials, including wood, glass, fabric, and metal. Epoxy resins are not water repellent. Exposure to wet or moist conditions can cause crumbling after some time, which can affect their strength. The most widely recognized use of epoxy resin is intended for glue purposes. Epoxy resins are also utilized in the development of vehicles, airplanes, snowboards, and bikes.

  • Growing use of various types of epoxy resin coverings such as acrylics, polyurethane, and polyester in many end-user applications such as construction and marine businesses is expected to drive the market growth.

  • Rising development in the coating industry is one of the key drivers contributing toward the development of the epoxy resin market

  • Increasing number of epoxy resin applications such as paints, coatings, building, and construction is anticipated to stimulate the market expansion.

  • The COVID-19 pandemic restrained the growth of the market owing to supply chain disruption across the globe.

  • Increasing adoption of DiGlycidyl Ether of Bisphenol-A (DGEBA) epoxy resin in the construction industry is expected to create lucrative opportunities for market players in the projected timeline.

Scope of South America Epoxy Resins Market Report

The report on the South America epoxy resins market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Epoxy Resins Market - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Raw Materials (Novolac, DGBEA, DGBEF, Glycidylamine, Aliphatic, and Other Raw Materials) and Applications (Adhesives and Sealants, Paints and Coatings, Composites, Wind Turbines, Electrical and Electronics, and Other Applications)

Geographical Scope

Argentina, Chile, Brazil, Columbia, and Rest of South America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3M; Hexion; Covestro AG; Olin Corporation; and Huntsman International LLC

South America Epoxy Resins Market Segment Insights

Novalac segment is expected to grow at a rapid pace

Based on raw materials, the market is divided into novolac, DGBEA, DGBEF, glycidylamine, aliphatic, and other raw materials. The novalac segment is expected to grow at a rapid pace during the forecast period due to its high mechanical strength. On the other hand, the DFBEA segment is anticipated to grow at a healthy rate in the projected timeline.

South America Epoxy Resins Market Raw Materials

Paints and coatings segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segregated into adhesives and sealants, paints and coatings, composites, wind turbines, electrical and electronics, and other applications. The paints and coatings segment is projected to expand at a considerable CAGR during the forecast period.

Epoxy resins are used as binders for coating applications to enhance durability of coating for metal and floor applications. Conversely, the adhesives and sealants segment is expected to grow at a steady rate owing to rapid growth of the automotive and construction industries.

South America Epoxy Resins Market Applications

South America Epoxy Resins Market Regional Outlook

Brazil is anticipated to hold a key market share

In terms of geography, the South America epoxy resins market is classified as Argentina, Chile, Brazil, Columbia, and Rest of South America. The market in Brazil is expected to constitute a key share of the market during the forecast period due to rising expenditure of government state bodies for the development of public infrastructure.

Segments

Raw Materials

  • Novolac
  • DGBEA
  • DGBEF
  • Glycidylamine
  • Aliphatic
  • Other Raw Materials

Applications

  • Adhesives and Sealants
  • Paints and Coatings
  • Composites
  • Wind Turbines
  • Electrical and Electronics
  • Other Applications

Geography

  • Argentina
  • Chile
  • Brazil
  • Columbia
  • Rest of South America

Key Players

Competitive Landscape

Key players competing in the South America epoxy resins market are 3M; Hexion; Covestro AG; Olin Corporation; and Huntsman International LLC.

Major players are focusing on development of cyclic aliphatic resins that can be used for high voltage electric insulation.

South America Epoxy Resins Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Epoxy Resins Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Epoxy Resins Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Epoxy Resins Market - Supply Chain
  4.5. Global Epoxy Resins Market Forecast
     4.5.1. Epoxy Resins Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Epoxy Resins Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Epoxy Resins Market Absolute $ Opportunity
5. Global Epoxy Resins Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Epoxy Resins Market Size and Volume Forecast by Applications
     5.3.1. Adhesives and Sealants
     5.3.2. Paints and Coatings
     5.3.3. Composites
     5.3.4. Wind Turbines
     5.3.5. Electrical and Electronics
     5.3.6. Other Applications
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Epoxy Resins Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Epoxy Resins Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Epoxy Resins Demand Share Forecast, 2019-2026
7. North America Epoxy Resins Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Epoxy Resins Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Epoxy Resins Market Size and Volume Forecast by Applications
     7.4.1. Adhesives and Sealants
     7.4.2. Paints and Coatings
     7.4.3. Composites
     7.4.4. Wind Turbines
     7.4.5. Electrical and Electronics
     7.4.6. Other Applications
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Epoxy Resins Demand Share Forecast, 2019-2026
8. Latin America Epoxy Resins Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Epoxy Resins Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Epoxy Resins Market Size and Volume Forecast by Applications
     8.4.1. Adhesives and Sealants
     8.4.2. Paints and Coatings
     8.4.3. Composites
     8.4.4. Wind Turbines
     8.4.5. Electrical and Electronics
     8.4.6. Other Applications
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Epoxy Resins Demand Share Forecast, 2019-2026
9. Europe Epoxy Resins Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Epoxy Resins Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Epoxy Resins Market Size and Volume Forecast by Applications
     9.4.1. Adhesives and Sealants
     9.4.2. Paints and Coatings
     9.4.3. Composites
     9.4.4. Wind Turbines
     9.4.5. Electrical and Electronics
     9.4.6. Other Applications
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Epoxy Resins Demand Share Forecast, 2019-2026
10. Asia Pacific Epoxy Resins Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Epoxy Resins Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Epoxy Resins Market Size and Volume Forecast by Applications
     10.4.1. Adhesives and Sealants
     10.4.2. Paints and Coatings
     10.4.3. Composites
     10.4.4. Wind Turbines
     10.4.5. Electrical and Electronics
     10.4.6. Other Applications
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Epoxy Resins Demand Share Forecast, 2019-2026
11. Middle East & Africa Epoxy Resins Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Epoxy Resins Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Epoxy Resins Market Size and Volume Forecast by Applications
     11.4.1. Adhesives and Sealants
     11.4.2. Paints and Coatings
     11.4.3. Composites
     11.4.4. Wind Turbines
     11.4.5. Electrical and Electronics
     11.4.6. Other Applications
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Epoxy Resins Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Epoxy Resins Market: Market Share Analysis
  12.2. Epoxy Resins Distributors and Customers
  12.3. Epoxy Resins Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. 3M
     12.4.2. Hexion
     12.4.3. Covestro AG
     12.4.4. Olin Corporation
     12.4.5. Huntsman International LLC

Methodology

Our Clients

FedEx Logistics
Dassault Aviation
The John Holland Group
General Electric
Pfizer
Microsoft
sinopec
Deloitte