Waterborne epoxy resins perform at consistent level with solvent-borne technologies while reducing volatile organic compounds (VOCs). These resins offer different functionalities for a variety of applications. The aqueous epoxy resins include non-ionic epoxy-functional emulsifiers, which allow the emulsifier to become a part of the cured product with minimal impact on the mechanical properties.
Waterborne epoxy resins are used in various applications in industries such as construction, automotive, textiles, packaging, and others. These resins exhibit superior mechanical properties along with strong thermal and chemical resistance in comparison with other resins. Growing industrialization is expected to generate high demand for paint and coatings, thereby boosting the growth of the global waterborne epoxy resins market over the forecast period.
Market Dynamics
Among application, the coatings segment is expected to witness a significant market share in the global waterborne epoxy resins market. In 2022, the segment accounted for over 50.0% share of the market in terms of revenue. Coating is the largest application for waterborne epoxy resins. Its properties such as high chemical and mechanical resistance, corrosion resistance, good adhesion, and ease of handling and processing are bolstering demand for waterborne epoxy resins for coating applications.
Among regions, in 2022, Asia Pacific held a dominant position in the global waterborne epoxy resins market and contributed a revenue share of around 47.30% in the global market. This is attributed to the significant growth of the automotive and construction industry in the region coupled with increasing demand for waterborne epoxy resins from these industries. According to the International Organization of Motor Vehicle Manufacturers (OICA), total automobile production in China and India was valued at 28.1 Mn and 5.7 Mn units, respectively in 2020.
Key features of the study:
- This report provides in-depth analysis of waterborne epoxy resins market and provides market size (US$ Mn & Mn Kg) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global waterborne epoxy resins market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Hexion Inc., Dow Chemical Company, Aditya Birla Chemicals Co. Ltd., Huntsman Corporation, BASF SE, Royal DSM N.V., Eastman Chemical Corporation, Conren Limited, Gellner Industrial LLC, and AllCoat Technology Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global waterborne epoxy resins market report caters to various stakeholders in this industry including investors, suppliers, waterborne epoxy resins manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the waterborne epoxy resins market
Detailed Segmentation:
- Global Waterborne Epoxy Resins Market, By Product Form:
- Global Waterborne Epoxy Resins Market, By Molecular Weight:
- Low Molecular Weight
- High Molecular Weight
- Global Waterborne Epoxy Resins Market, By Application:
- Adhesives
- Tie Coats
- Laminates
- Others
- Coatings
- Top Coats
- Self-Levelling Coats
- Floor Primer
- Others
- Composites
- Others
- Global Waterborne Epoxy Resins Market, By End use Industry:
- Construction
- Automotive
- Textiles
- Packaging
- Others
- Global Waterborne Epoxy Resins Market, By Region:
- North America
- Europe
- U.K.
- Norway
- Rest of Europe
- Asia Pacific
- Indonesia
- Rest of Asia Pacific
- Rest of World
- Company Profiles
- Hexion Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Dow Chemical Company
- Aditya Birla Chemicals Co. Ltd.
- Huntsman Corporation
- BASF SE
- Royal DSM N.V.
- Eastman Chemical Corporation
- Conren Limited
- Gellner Industrial LLC
- AllCoat Technology Inc.
“*” marked represents similar segmentation in other categories in the respective section.