Asia Pacific HBPA Epoxy Resin Market: By Physical Form (Solid, Liquid), By Application (E&E Coating, Industrial Coating), and Country

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Asia Pacific HBPA Epoxy Resin Market size was valued at USD x million in 2023 and is poised to grow at a CAGR of x% from 2024-2030. The HBPA epoxy resin market is driven by the increase in the need to protect concrete floors in industrial and commercial facilities. Another factor driving the HBPA epoxy resin market is the growth of the power generation industry in developing countries. However, the high cost of raw materials is a major restraint for market growth. Most of the raw materials used in the production of HBPA epoxy resin are petroleum-based derivatives, which are vulnerable to fluctuations in commodity prices. The prices of these raw materials have been highly volatile in recent times, which has affected the growth of the market. Key players have adopted various organic as well as inorganic growth strategies to strengthen their positions in the market. Investment & expansion were among the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for HBPA epoxy resin from emerging economies. For instance, in June 2016, Hexion Inc. expanded its R&D facility. A new analytical laboratory was added to its technology & business center in Stafford, Texas. The expansion caters to the increasing demand for chromatography, spectroscopy, rheology, microscopy, and materials in Hexion's epoxy, phenolic, and coating resins and forest products divisions.

Asia Pacific HBPA Epoxy Resin Market Dynamics

Epoxy resins are thermosetting resins, mostly produced from the reaction between epichlorohydrin (ECH) and bisphenol-A (BPA). When bisphenol A is used as an intermediate to produce epoxy resin through the hydrogenation process, it yields hydrogenated bisphenol A (HBPA) epoxy resin. The HBPA epoxy resin is cured using different kinds of curing agents to provide better shape and memory properties to the epoxy networks than the bisphenol A epoxy networks. The HBPA epoxy resin is characterized by lower viscosity and longer gelation time compared to the conventional epoxy resin. These properties enhance its weather resistance and make it an ideal material for exterior applications of E&E and industrial coatings. E&E coating is estimated to be the largest and projected to be the fastest-growing application of HBPA epoxy resin during the forecast period. Owing to its excellent adhesion and weather and chemical resistance properties, HBPA epoxy resin is largely used in the exterior coating applications of high-voltage electrical machines such as transformers, generators, circuit breakers, and isolators.

Key Features of the Reports

  • The asia pacific hbpa epoxy resin market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Asia Pacific Hbpa Epoxy Resin Market Segmentation

By Physical Form
  • Liquid
  • Solid
By Application
  • E&E Coating
  • Industrial Coating
By Country
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific

Frequently Asked Questions

2023 is the base year and 2030 is the forecast year.

The report covers the asia pacific hbpa epoxy resin market data: China, India, Japan, Australia & New Zealand

The asia pacific hbpa epoxy resin market key players in the Hexion, Atul Chemicals, New Japan Chemical Company, Aditya Birla Chemicals, Kukdo Chemicals, Anhui Xinyuan Chemical Company

1.Executive Summary
2. Asia Pacific HBPA Epoxy Resin Market Introduction 
2.1. Asia Pacific HBPA Epoxy Resin Market  - Taxonomy
2.2. Asia Pacific HBPA Epoxy Resin Market  - Definitions
2.2.1.Physical Form
2.2.2. Application
2.2.3.Country
3. Asia Pacific HBPA Epoxy Resin Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Asia Pacific HBPA Epoxy Resin Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Asia Pacific HBPA Epoxy Resin Market  By Physical Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Liquid
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Solid
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Asia Pacific HBPA Epoxy Resin Market  By  Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. E&E Coating
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Industrial Coating
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Asia Pacific HBPA Epoxy Resin Market  By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. China
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. India
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Australia and New Zealand (ANZ)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Japan
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Rest of APAC
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.China HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Physical Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Liquid
8.1.2.Solid
8.2.   Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.E&E Coating
8.2.2.Industrial Coating
9.India HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Physical Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Liquid
9.1.2.Solid
9.2.   Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.E&E Coating
9.2.2.Industrial Coating
10.Australia and New Zealand (ANZ) HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Physical Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Liquid
10.1.2.Solid
10.2.   Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.E&E Coating
10.2.2.Industrial Coating
11.Japan HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Physical Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Liquid
11.1.2.Solid
11.2.   Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.E&E Coating
11.2.2.Industrial Coating
12.Rest of APAC HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Physical Form Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Liquid
12.1.2.Solid
12.2.   Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.E&E Coating
12.2.2.Industrial Coating
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Hexion
13.2.2.Atul Chemicals
13.2.3.New Japan Chemical Company
13.2.4.Aditya Birla Chemicals
13.2.5.Kukdo Chemicals
13.2.6.Anhui Xinyuan Chemical Company
13.2.7.SIR Industriale
13.2.8.Emerald Performance Material
13.2.9.Nagase America Corporation
13.2.10.Huntsman Corporation
14. Research Methodology 
15. Appendix and Abbreviations 
  • Hexion
  • Atul Chemicals
  • New Japan Chemical Company
  • Aditya Birla Chemicals
  • Kukdo Chemicals
  • Anhui Xinyuan Chemical Company
  • SIR Industriale
  • Emerald Performance Material
  • Nagase America Corporation
  • Huntsman Corporation

Adjacent Markets