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Flexible Epoxy Resin Market by Type (Urethane Modified, Rubber Modified, Dimer Acid), Application (Paints & Coatings, Composites, Adhesives), and Region - Global Forecast to 2022

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Date: 02-Nov-2017
No. of pages: 110
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“The flexible epoxy resin (FER) market is projected to grow at a CAGR of 6.0% between 2017 and 2022, in terms of value.”

The FER market is estimated at USD 570.9 million in 2017 and is projected to reach USD 764.0 million by 2022, at a CAGR of 6.0% between 2017 and 2022. This high growth is fueled by the increasing demand for FERs from end-use industries, such as automotive and building & construction, due to the huge requirement for paints & coatings and adhesives from these industries. This growth is mainly due to the rising GDP, growing disposable income, increasing use of composites instead of conventional materials, and increasing number of expansions and other development activities, globally. Restraints for the FER market include its complex processing and harmful effects on human health. Curing of epoxy resins is highly exothermic and improper operations might lead to unfavorable situations. In addition, direct contact with these chemicals results in adverse effects in humans such as irritation in lungs, asthma, skin irritation, headaches, eye damage, nausea, dizziness, slurred speech, confusion, and loss of consciousness.

“The urethane-modified type is projected to be the fastest-growing segment in the market during the forecast period, in both value and volume terms.”

The urethane-modified type is projected to be the fastest-growing segment in the FER market during the forecast period. This growth can be attributed to the widespread use of FER in the automotive and building & construction applications. Superior properties such as improved water resistance, UV resistance, and thermal stability are some of the major reasons for the use of FER in the above-mentioned industries.

“Asia-Pacific is projected to be the largest FER market between 2017 and 2022, in terms of both value and volume.”

Asia-Pacific is projected to be the largest and the fastest-growing market for FER during the forecast period. Large industrial base and increased infrastructural activities are the major drivers for the growth of the FER market in the region. Also, increased industrialization in emerging economies such as Brazil, Indonesia, India, China, and South Korea also drives the FER market growth in the region.

China dominates the FER market in the Asia-Pacific region. Its consumption of FER has grown significantly and is expected to witness further growth in the near future. The high growth of the FER market in China is a result of the growing population, infrastructural development, and rapid urbanization.

The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories:


  • By Company Type: Tier 1-60%, Tier 2-33%, and Tier 3-07%

  • By Designation: C Level-56%, Director Level-33%, and Others-11%

  • By Region: Europe - 33%, Asia-Pacific - 25%, North America-17%, South America-17%, and the Middle East & Africa-8%


The report provides profiles of major market players, such as Olin Corporation (U.S.), Hexion (U.S.), Kukdo Chemical (South Korea), Aditya Birla Chemicals (Thailand), Huntsman Corporation (U.S.), and DIC Corporation (Japan). The report also includes competitive strategies adopted by them to strengthen their position in the market.

Research Coverage

The objective of the study is to define, describe, and forecast the market based on various segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the FER market has been segmented based on type, application, and region.

Reasons To Buy The Report

The report will help market leaders/new entrants in this market in the following ways:


  • This report segments the FER market comprehensively and provides the closest approximations for sizes of all market segments and sub segments across different verticals and regions.

  • This report will help stakeholders in obtaining an improved understanding of their competitors and gain insights about their businesses. The competitive landscape section includes detailed information about new product developments, expansions, and partnerships adopted by the key players in the FER market.

Flexible Epoxy Resin Market by Type (Urethane Modified, Rubber Modified, Dimer Acid), Application (Paints & Coatings, Composites, Adhesives), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Secondary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitation
2.4.1 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Flexible Epoxy Resin Market
4.2 Flexible Epoxy Resin Market, By Application
4.3 Flexible Epoxy Resin Market, By Type
4.4 Asia-Pacific: Flexible Epoxy Resin Market, By Application and Country
4.5 Flexible Epoxy Resin Market Share, By Region

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increasing Demand From Building & Construction and Automotive Industry
5.1.1.2 Increasing Use of Composites
5.1.2 Restraints
5.1.2.1 Complicated Processing and Harmful Effects to Human Beings
5.1.3 Opportunities
5.1.3.1 Rise in Use of Composites and Rapid Urbanization in Emerging Economies
5.1.3.2 Stringent Regulatory Consents and Saturated Use in Developed Economies
5.2 Porter’s Five Forces
5.2.1 Bargaining Power of Buyers
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitutes
5.2.5 Intensity of Rivalry

6 Macroeconomic Indicators
6.1 Introduction
6.2 GDP Growth Rate Forecast of Major Economies
6.3 Automotive Industry
6.4 Construction Industry
6.4.1 Construction Industry in North America
6.4.2 Construction Industry in Europe
6.4.3 Trends and Forecast of Construction Industry in Asia-Pacific

7 Flexible Epoxy Resin Market, By Type
7.1 Introduction
7.2 Urethane Based FER
7.3 Rubber Modified FER
7.4 Dimer Acid FER

8 Flexible Epoxy Resin Market, By Application
8.1 Introduction
8.2 Paints & Coatings
8.3 Adhesives & Sealants
8.4 Composites
8.5 Others

9 Flexible Epoxy Resin Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.2.1 China
9.2.2 Japan
9.2.3 South Korea
9.2.4 India
9.2.5 Rest of Asia-Pacific
9.3 North America
9.3.1 U.S.
9.3.2 Canada
9.3.3 Mexico
9.4 Europe
9.4.1 Germany
9.4.2 France
9.4.3 U.K.
9.4.4 Russia
9.4.5 Italy
9.4.6 Rest of Europe
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 U.A.E
9.5.3 South Africa
9.5.4 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Global Market Ranking Analysis: Flexible Epoxy Resins
10.2.1 Olin Corporation
10.2.2 Hexion Inc.
10.2.3 Kukdo Chemicals
10.2.4 Aditya Birla Chemicals
10.2.5 Huntsman Corporation
10.3 Competitive Scenario
10.3.1 New Product Launches
10.3.2 Partnership
10.3.3 Expansions

11 Company Profiles
11.1 Olin Corporation
11.1.1 Business Overview
11.1.2 Products Offered
11.1.3 SWOT Analysis
11.1.4 MnM View
11.2 Hexion Inc.
11.2.1 Business Overview
11.2.2 Products Offered
11.2.3 Recent Developments
11.2.4 SWOT Analysis
11.2.5 MnM View
11.3 Kukdo Chemicals
11.3.1 Business Overview
11.3.2 Products Offered
11.3.3 MnM View
11.4 Aditya Birla Chemicals
11.4.1 Business Overview
11.4.2 Products Offered
11.4.3 MnM View
11.5 Huntsman Corporation
11.5.1 Business Overview
11.5.2 Products Offered
11.5.3 Recent Developments
11.5.4 SWOT Analysis
11.5.5 MnM View
11.6 DIC Corporation
11.6.1 Business Overview
11.6.2 Products Offered
11.7 Emerald Performance Material
11.7.1 Overview
11.7.2 Products Offered
11.8 Epoxonic GmbH
11.8.1 Business Overview
11.8.2 Products Offered
11.9 Nan Ya Plastic Corporation
11.9.1 Business Overview
11.9.2 Products Offered
11.10 Spolchemie
11.10.1 Business Overview
11.10.2 Spolchemie: Company Snapshot
11.10.3 Products Offered
11.11 Other Players
11.11.1 Atul Chemicals
11.11.2 Cardolite Corporation
11.11.3 Conren Limited
11.11.4 Easy Composites Ltd
11.11.5 Fong Yong Chemical Co., Ltd.
11.11.6 Intertronics
11.11.7 Jiangsu Sanmu Group Corporation
11.11.8 Leuna-Harze GmbH
11.11.9 Loxeal Srl
11.11.10 Lymtal International Inc.
11.11.11 Mereco Technologies Inc.
11.11.12 Resintech Limited
11.11.13 Resoltech
11.11.14 Sicomin Epoxy Systems
11.11.15 The DOW Chemical Company

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports

List of Tables

Table 1 Trends and Forecast of GDP Growth Rates From 2016 to 2021
Table 2 Motor Vehicle Production Between 2015 and 2016
Table 3 Contribution of Construction Industry to GDP in North America, Between 2014 to 2016 (USD Billion)
Table 4 Contribution of Construction Industry to GDP in Europe, USD Billion
Table 5 Contribution of Construction Industry to GDP in Asia-Pacific, USD Billion
Table 6 Flexible Epoxy Resin Market Size, By Type, 2015–2022 (Kiloton)
Table 7 Flexible Epoxy Resin Market Size, By Type, 2015–2022 (USD Million)
Table 8 Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 9 Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 10 Flexible Epoxy Resin Market Size, By Region, 2015–2022 (Kiloton)
Table 11 Flexible Epoxy Resin Market Size, By Region, 2015–2022 (USD Million)
Table 12 Asia-Pacific: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (Kiloton)
Table 13 Asia-Pacific: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (USD Million)
Table 14 Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 15 Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 16 China: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 17 China: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 18 Japan: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 19 Japan: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 20 South Korea: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 21 South Korea: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 22 India: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 23 India: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 24 Rest of Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 25 Rest of Asia-Pacific: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 26 North America: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (Kiloton)
Table 27 North America: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (USD Million)
Table 28 North America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 29 North America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 30 U.S.: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 31 U.S.: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 32 Canada: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 33 Canada: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 34 Mexico: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 35 Mexico: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 36 Europe: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (Kiloton)
Table 37 Europe: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (USD Million)
Table 38 Europe: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 39 Europe: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 40 Germany: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 41 Germany: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 42 France: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 43 France: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 44 U.K.: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 45 U.K.: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 46 Russia: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 47 Russia: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 48 Italy: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 49 Italy: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 50 Rest of Europe: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 51 Rest of Europe: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 52 Middle East & Africa: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (Kiloton)
Table 53 Middle East & Africa: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (USD Million)
Table 54 Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 55 Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 56 Saudi Arabia: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 57 Saudi Arabia: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 58 U.A.E: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 59 U.A.E: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 60 South Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 61 South Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 62 Rest of Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 63 Rest of Middle East & Africa: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 64 South America: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (Kiloton)
Table 65 South America: Flexible Epoxy Resin Market Size, By Country, 2015–2022 (USD Million)
Table 66 South America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 67 South America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 68 Brazil: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 69 Brazil: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 70 Argentina: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 71 Argentina: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 72 Rest of South America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (Kiloton)
Table 73 Rest of South America: Flexible Epoxy Resin Market Size, By Application, 2015–2022 (USD Million)
Table 74 New Product Launches (2014-2017)
Table 75 Partnership (2014-2017)
Table 76 Expansions (2014-2017)

List of Figures

Figure 1 FER: Market Segmentation
Figure 2 FER Market: Research Methodology
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 FER Market: Data Triangulation
Figure 6 Paints & Coatings to Be the Largest Application Between 2017 and 2022
Figure 7 Urethane-Modified to Lead the Flexible Epoxy Resin Market Between 2017–2022
Figure 8 Asia-Pacific to Lead the Flexible Epoxy Resin Market, 2017–2022
Figure 9 Asia-Pacific to Be the Fastest-Growing Market During Forecast Period
Figure 10 Attractive Opportunities in Flexible Epoxy Resin Market Between 2017 and 2022
Figure 11 Paints & Coating Application to Account for the Largest Market Share, 2017–2022
Figure 12 Urethane-Modified Epoxy Resin to Dominate the Market Between 2017 and 2022
Figure 13 Paints & Coating Was the Largest Application in Flexible Epoxy Resin Market in 2016
Figure 14 Asia-Pacific Accounted for the Largest Market Share in 2016
Figure 15 Drivers, Opportunities, and Challenges in FER Market
Figure 16 FER Market: Porter’s Five Forces Analysis
Figure 17 Urethane Modified to Be the Largest Segment During Forecast Period
Figure 18 Paints & Coatings to Be the Largest Application During Forecast Period
Figure 19 India to Register Highest CAGR in Flexible Epoxy Resin Market Between 2017 and 2022
Figure 20 Coatings Application to Drive the Flexible Epoxy Resin Market Growth in Asia-Pacific
Figure 21 Paints & Coatings to Be the Largest Flexible Epoxy Resin Market in North American Region in 2016
Figure 22 Germany to Lead the Flexible Epoxy Resin Market Growth in Europe , Between 2017 and 2022
Figure 23 Companies Adopted New Product Launches as the Key Growth Strategy, 2014-2017
Figure 24 Olin Corporation Dominated the Global Flexible Epoxy Resins Market, 2016
Figure 25 Olin Corporation: Company Snapshot
Figure 26 SWOT Analysis: Olin Corporation
Figure 27 Hexion Inc.: Company Snapshot
Figure 28 SWOT Analysis: Hexion Inc.
Figure 29 Kukdo Chemicals: Company Snapshot
Figure 30 Aditya Birla Chemicals: Company Snapshot
Figure 31 Huntsman Corporation: Company Snapshot
Figure 32 SWOT Analysis: Huntsman Coporation
Figure 33 DIC Corporation: Company Snapshot
Figure 34 Emerald Performance Material: Company Snapshot
Figure 35 Epoxonic GmbH: Company Snapshot
Figure 36 Nan Ya Plastic Corporation: Company Snapshot

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