#Global HBPA Epoxy Resin Market Analysis

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HBPA Epoxy Resin Market: Trends and Opportunities in Electrical and Electronics Coatings

The epoxy resin HBPA (hexabromocyclododecane bisphenol A) is created by reacting bisphenol A with hexabromocyclododecane. It is a flame-resistant resin that is widely employed in a variety of industries such as electronics, aerospace, automotive, and construction. HBPA epoxy resin is primarily utilized as a matrix material in composite materials, which are used in high-performance applications…

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Landscape of the Worldwide Hbpa Epoxy Resin Market Outlook: Ken Research Buy Now The epoxy resins counters with the co-reactants such as thiols, amines and phenols or with themselves in the existence of compulsory catalysts.

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The market size of HBPA epoxy resin is estimated to be USD 1.7 billion in 2018 and is projected to reach USD 2.2 billion by 2023, at a CAGR of 5.1%, between 2018 and 2023. One of the major restraints of the HBPA epoxy resin market is the volatility in raw material prices. The primary raw materials of HBPA epoxy resin are epichlorohydrin and bisphenol A. These are petroleum-based derivatives and are vulnerable to fluctuations in commodity prices. 

Owing to its low viscosity and excellent weatherability, HBPA epoxy resin is an excellent solution for external coating applications such as electrical casting and electrical laminates in high-voltage electrical machines such as transformers, generators, motors, switch gears, and circuit breakers. Therefore, an increase in the consumption of electrical and electronic machines on a commercial scale also drives the demand for HBPA epoxy resin. However, their high production cost results in the high price of HBPA epoxy resin, which is almost double than that of conventional epoxy resins. Therefore, manufacturers are looking for alternative methods of using epoxy resin along with aliphatic polyurethane to attain the properties of HBPA epoxy resin.  

APAC is estimated to be the largest market for HBPA epoxy resin owing to its high consumption in E&E and industrial coating applications in the region. The HBPA epoxy resin coating provides thermal transfer, chemical resistance, and dimensional stability to the electrical products owing to its excellent adhesion and mechanical properties. Population growth and rapid industrialization are leading to an increase in demand for power generation and distribution infrastructure, which, in turn, drives the demand for HBPA epoxy resin coating in the E&E application.

The key players in the HBPA epoxy resin market include Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), and Aditya Birla Chemicals (India). 

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Global HBPA Epoxy Resin Market to Cross USD 2.4 Billion by 2024 | TechSci Research

Growth of power generation industry in developing countries along with rising need to protect concrete floors in industrial and commercial facilities to boost global HBPA epoxy resin market through 2024

According to TechSci Research report, “Global HBPA Epoxy Resin Market By Physical Form, By Application, Competition, Forecast & Opportunities, 2024”, the global Hydrogenated bisphenol A (HBPA) epoxy resin market is projected to grow from $ 1.8 billion in 2018 to $ 2.4 billion by 2024. Growth in the market is led by increasing demand for HBPA epoxy resin in industrial and E&E coating segments to protect the machines and industrial infrastructure from external weather conditions and chemical attack. Moreover, increasing urbanization and industrialization are the key factors driving demand for HBPA epoxy resin in these applications. Among applications,Electronics and Electric (E&E) is the largest application of HBPA epoxy resin. These resins are widely used in electrical casting and electrical laminates in several high-voltage electrical machines such as transformers, generators, motors, switch gears, surge accelerators, and isolators. HBPA epoxy resin is used in these machines to protect them from external weather conditions and prevent the yellowing of their surfaces. Additionally, rapid urbanization and industrialization is driving consumption of electrical machines on a commercial scale, which, in turn, is fueling demand for HBPA epoxy resin.

Browse XX market data Tables and XX Figures spread through 110 Pages and an in-depth TOC on "Global HBPA Epoxy Resin Market "

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On the basis of physical form, liquid segment is anticipated to lead global HBPA epoxy resin market during forecast period as it is easy to apply and is mainly used in flooring, adhesives, and wind power applications. Moreover, this form of resin is widely used as it caters to almost every application. Volatility in raw material prices is restraining the growth of global HBPA epoxy resin market. 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.

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 “On the basis of regions, the market is segmented into Asia-Pacific, Europe, North America, South America, and Middle East and Africa. Asia-Pacific is estimated to be the largest market for HBPA epoxy resin owing to its high consumption in E&E and industrial coating applications in the region. Furthermore, HBPA epoxy resin coating provides thermal transfer, chemical resistance, and dimensional stability to the electrical products owing to its excellent adhesion and mechanical properties, which would propel its demand in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global HBPA Epoxy Resin Market By Physical Form, By Application, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global HBPA epoxy resin market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in global HBPA epoxy resin market.

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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Global HBPA Epoxy Resin Market, June 2021 Report On SWOT Analysis, Size, Share, Growth Rate, Application, Types, Future Demand, Business Opportunity, Key Indicators, and Forecast 2030

In a recently published report, Global HBPA Epoxy Resin Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global HBPA Epoxy Resin Market products.

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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.

Global HBPA epoxy resin market is valued at approximately USD 1.7 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 5.3 % over the forecast period 2018-2025. Epoxy resins react with co-reactants like amines, thiols and phenols or with themselves in the presence of necessary catalysts. HBPA epoxy resins are found effective in various applications such as paints and coatings, composites, construction material, adhesives and others owing to their physical and chemical properties including g low curing time, chemical resistance, strength and high flexibility. HBPA epoxy resin market is primarily driven by the growth in its end-user industries including power generation, automotive and others. Increasing demand of HBPA epoxy resins is attributed by emerging need to protect concrete floors in commercial and industrial buildings. In addition, growing popularity of thermosetting resins is augmenting growth to the market. Despite the number of driving factors, HBPA epoxy resin market is curtailed by various challenges including volatility in raw material prices and shifting preference towards alternative resins found more effective in some processes. The regional analysis of global HBPA epoxy resin market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of HBPA Epoxy Resin in aerospace industry. Europe also contributes a satisfactory growth in the global HBPA epoxy resin market due to increasing demand of various chemicals on a large scale. Asia-Pacific is also anticipated to exhibit higher growth rate/ CAGR over the forecast period 2018-2025 due to growth in chemical manufacturing industries in developing countries such as India, China and Japan. The major market player included in this report are: • Atul Ltd. • Hexion • Aditya Birla Chemicals • New Japan Chemical Company • Kukdo Chemical • Sir Industriale • Anhui Xinyuan Chemical Company • Nagase America Corporation • Emerald Performance Material • Huntsman Corporation The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Physical Form:

 Liquid  Solid

By Application:

 Industrial Coatings  E&E Coating  Others

By Regions:  North America o U.S. o Canada  Europe o UK o Germany  Asia Pacific o China o India o Japan  Latin America o Brazil o Mexico  Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016 Base year – 2017 Forecast period – 2018 to 2025

Target Audience of the global HBPA epoxy resin market in Market Study:

 Key Consulting Companies & Advisors  Large, medium-sized, and small enterprises  Venture capitalists  Value-Added Resellers (VARs)  Third-party knowledge providers  Investment bankers  Investors

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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook

Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook

Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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The epoxy resins counters with the co-reactants such as thiols, amines and phenols or with themselves in the existence of compulsory catalysts. The HBPA epoxy resins are found operative in the several benefits namely composites, coatings, adhesives, construction material, and several others due to their physical and chemical applications involving the g low curing time, great flexibility, strength and chemical resistance.

In addition, the Hydrogenated Bisphenol a Epoxy Resin is the chemical utilized in the formation of the unsaturated polyester, alkyd, and epoxy resins which in response utilized as the raw material for the numerous engineering plastics and paints to advance the immovability of the color, weather capability for lasting the superiority. It is appropriate in the location namely for the fiber introduction, laminating, coatings and casting.

According to the report analysis, ‘Global HBPA Epoxy Resin Market Size study, by Physical Form (Solid, Liquid), Application (Industrial Coatings, E&E Coating, Others) and Regional Forecasts 2018-2025’ states that in the worldwide HBPA Epoxy Resin market, there are numerous players which presently functioning more actively for leading the fastest market growth and dominating the handsome value of market share around the globe during the very short duration of time while increasing the applications and benefits, implementing the profitable strategies and policies, studying and analyzing the strategies of the competitors, advancing the technologies of production and spreading the awareness related to such includes Atul Ltd., Hexion, Aditya Birla Chemicals, New Japan Chemical Company, Kukdo Chemical, Sir Industriale, Anhui Xinyuan Chemical Company, Nagase America Corporation, Emerald Performance Material, Huntsman Corporation and several others.

In addition, the HBPA epoxy resin market is principally propelled by the growth in its end-user industries involving the power generation, automotive and others. The effective growth in the demand of HBPA epoxy resins is accredited by emerging demand to protect concrete floors in commercial and industrial buildings. In addition, the foremost increase in the popularity of thermosetting resins is increasing the growth to the market. Despite the number of influencing aspects, HBPA epoxy resin market is condensed by several challenges involving the volatility in raw material prices and fluctuating preference towards alternative resins found more operative in some progressions.

Based on the region, the market of HBPA epoxy resin is spread around the world which majorly comprises Asia Pacific, North America, Europe, Latin America and Rest of the World. However, the North America is the leading/significant region around the world in terms of market share due to rising requirement of HBPA Epoxy Resin in aerospace industry. Europe also underwrites a satisfactory growth in the worldwide HBPA epoxy resin market due to augmenting the requirement of several chemicals on a large scale. Asia-Pacific is also projected to exhibit greater growth rate/ CAGR over the forecast period 2018-2025 owing to the growth in chemical industrialized industries in developing regions such as India, China and Japan. Therefore, in the near future, it is anticipated that the market of HBPA epoxy resin will increase around the globe more proficiently over the coming years.

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Global HBPA Epoxy Resin Market Research Report

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Global HBPA Epoxy Resin Market Growth, Market Insights and Forecast to 2025

Precision Business Insights (PBI) in its report titled “Global HBPA Epoxy Resin Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

 The global HBPA epoxy resin market was valued at US$ XX Mn in 2018 and projected to reach US$ XX Mn by 2025. The HBPA epoxy resin market is driven by an increase in the need to protect concrete floors in the industrial and commercial facilities. Additionally, the growth of power generation industry is the major factor propelling the growth of HBPA epoxy resin market in developing countries. 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. However, extravagancy in the price of raw material constraints the growth of market.

 Global HBPA epoxy resin market segmented on the basis of physical form and application.

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  Liquid Form Expected to Dominate the Global HBPA Epoxy Resin Market

 Based on physical form, HBPA epoxy resin market is segmented into liquid and solid. The liquid form of HBPA epoxy resin is projected to be the faster-growing segment of the HBPA epoxy resin market, based on physical form. Liquid HBPA epoxy resin has a wide range of application in various industries. These resins are preferably used as they are easy to apply and convenient to use, where there is a spatial constraint. These have more applications in addition to solid epoxy resins.

E&E Coating Application Will Dominate the Revenue Share

Based on application, HBPA epoxy resin market is segmented into E&E coating, industry coating. E&E coating is estimated to be the largest and projected to grow at a significant CAGR during the forecast period. HBPA epoxy resin is largely used in the exterior coating applications of high-voltage electrical machines such as transformers, generators, circuit breakers, and isolators owing to its excellent adhesion. It also has a string resistance to chemicals and weather. HBPA epoxy resin in the E&E coating application is mainly driven by the growing population and increasing urbanization which ultimately resulted in the growth of a strong and reliable power generation and distribution network.

APAC Leads the Global HBPA Epoxy Resin Market

 Precision Business Insights (PBI) global HBPA epoxy resin market report analyses the market in different regions of North America, Europe, Latin America, Asia Pacific, and Middle East Africa. According to regional analysis, The APAC HBPA epoxy resin market is projected to grow at the highest CAGR during the forecast period. The continuous rise of HBPA epoxy resins in the manufacturing of products and for exports upsurges the demand for HBPA epoxy resin. Rising population and growing end-use industries have led to innovation and development, making APAC an important industrial hub, globally. High growth and innovation, along with industry consolidations, are expected to lead to the rapid growth of the market in the region.

 Business Expansions Play Vital Role in Global HBPA Epoxy Resin Market

 Key players have adopted various organic as well as inorganic growth strategies to strengthen their positions in the market. Investment & expansion was 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.

Key player’s profiles in the report are Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), Aditya Birla Chemicals (India), Kukdo Chemicals (South Korea), Anhui Xinyuan Chemical Company (China), SIR Industriale (Italy), Emerald Performance Material (US), Nagase America Corporation (US), and Huntsman Corporation (US).

 Detailed Segmentation

 By Physical Form

 o     Liquid

o     Solid

 By Application

 o     E&E Coating

o     Industrial Coating

 Geography

 o   North America

§  U.S.

§  Canada

o   Europe

§  Germany

§  UK

§  France

§  Russia

§  Spain

§  Italy

§  Rest of Europe

o   Asia-Pacific

§  China

§  Japan

§  India

§  ASEAN

§  Rest of Asia Pacific

o   Latin America

§  Brazil

§  Mexico

§  Argentina

§  Chile

§  Rest of Latin America

o   Middle East and Africa

§  South Africa

§  Gulf Corporation Council Counties (GCC)

§  Rest of MEA

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Hydrogenated Bisphenol A Market – Key Players and Production Information analysis with Forecast 2024

Hydrogenated bisphenol A (HBPA) is a saturated dialchol with a cycloaliphatic structure produced by dehydrogenating bisphenol. With a configuration similar to bisphenol A, it is available as a white, flaked material soluble in a wide range of organic solvents. Hydrogenated bisphenol is used as a raw material for various engineering plastics and paints such as epoxy, unsaturated polyester, polycarbonate, polyurethane, polyacrylate, and polysulphone. It is also employed in the preparation of alkyd, polyester, and epoxy resins, in which color stability and improved weatherability are important to ensure lasting quality. The aromatic groups of bisphenol A are highly rigid, leading to polymers with mechanical strength and high glass transition temperatures. As a result, bisphenol-based resins and polymers find application in consumer products and medical devices. For instance, bisphenol-derived resins are employed in coil and can coatings in food & beverages containers. Bisphenol-based polycarbonates and their copolymers also produce baby bottles, tableware, and water bottles, apart from applications in casting, laminating, coatings, and fiber production.

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In recent years, bisphenol-based resins have been under scrutiny due to health concerns. These polymers are susceptible to degradation and yellowing upon exposure to light, heat, and certain chemicals. With their degradation, BPA and its derivatives can make their way into the content of the food and beverage containers or medical storage devices and subsequently into the body. This is where hydrogenated bisphenol A polymers come into the picture. HBPA polymers exhibit hydrolytic stability, heat & chemical resistance, and low toxicity. Additionally, with upgrading technology, HBPA-based polymers can be formulated for their high flexibility and excellent adhesion.

The market for HBPA can be segmented by type into the epoxy resin-used, unsaturated polyester resin-used, and other varieties. Based on application, the market can be bifurcated into the epoxy resin and unsaturated polyester resin categories. Epoxy resins containing HBPA are employed for making paints, adhesives, a variety of protective coatings, as well as electrical laminates for printed circuit boards (PCBs). Cured epoxy resin offers protective liners on the inside of cans used for packing foods and beverages to maintain their quality. Because of a combination of desirable properties such as toughness, chemical resistance, and adhesion, HBPA is also used in protective coatings.

In terms of regional outlook, Asia Pacific dominated the global HBPA market, accounting for a share of over 50% in the total consumption in 2015. It represents a majorly important market for the HBPA industry, mainly driven by emerging economies such as China and India. The overall HBPA market is propelled by increasing demand from key end-user industries such as automobiles, construction, can manufacturing, and electrical & electronics. However, volatile crude oil prices have remained a major concern for manufacturers of HBPA and they may act as a restraint.

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bKey players operating in the global Hydrogenated bisphenol A market include Maruzen Petrochemical, New Japan Chemical, Way Pharm, Milliken Chemical, Avera Chemicals Inc. Yangzhou Baohua Chemical Technology Development Co.,Ltd., and Puyang Huicheng Electronic Materials.

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Asia-Pacific Hydrogenated Bisphenol A Market to Remain Lucrative During 2022

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 Report Overview:

Hydrogenated Bisphenol A (HBPA) is a saturated diol produced by catalytic reduction of Bisphenol A. While similar in structure to Bishphenol A, it undergoes most of the reactions typical of secondary alcohols. It is available as a white, flaked material which is soluble in a wide range of organic solvents.

 Scope of the Report:

This report focuses on the Hydrogenated Bisphenol A in Asia-Pacific market, especially in China, Japan, Korea, Taiwan, Southeast Asia, India and Australia. This report categorizes the market based on manufacturers, countries/Regions, type and application.

 Market Segment by Manufacturers, this report covers

New Japan Chemical

Maruzen Petrochemical

Milliken Chemical

Puyang Huicheng Electronic Materials

 Market Segment by Countries, covering

China

Japan

Korea

Taiwan

Southeast Asia

India

Australia

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 Market Segment by Type, covers

Epoxy Resin-used Hydrogenated Bisphenol A

Unsaturated Polyester Resin-used Hydrogenated Bisphenol A

Others

 Market Segment by Applications, can be divided into

Electronic Packaging

Electrical Equipment Insulation Materials

Coating

Others (medical instruments, compound materials)

 Key Chapters of this report:

There are 19 Chapters to deeply display the Asia-Pacific Hydrogenated Bisphenol A market.

 Chapter 1, to describe Hydrogenated Bisphenol A Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force;

 Chapter 2, to analyze the manufacturers of Hydrogenated Bisphenol A, with profile, main business, news, sales, price, revenue and market share in 2016 and 2017;

 Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

 Chapter 4, to show the Asia-Pacific market by countries, covering China, Japan, Korea, Southeast Asia, Taiwan, India and Australia, with sales, price, revenue and market share of Hydrogenated Bisphenol A, for each country, from 2012 to 2017;

 Chapter 5 and 6, to show the market by type and application, with sales, price, revenue, market share and growth rate by type, application, from 2012 to 2017;

 Chapter 7, 8, 9, 10, 11, 12 and 13 to analyze the key countries by manufacturers, Type and Application,covering China,Japan,Korea,Southeast Asia, Taiwan, India and Australia,with sales,revenue and market share by manufacturers,types and application;

 Chapter 14, Hydrogenated Bisphenol A market forecast, by countries, type and application, with sales, price, revenue and growth rate forecast, from 2017 to 2022;

 Chapter 15, to analyze the manufacturing cost, key raw materials and manufacturing process etc.

 Chapter 16, to analyze the industrial chain, sourcing strategy and downstream end users (buyers);

 Chapter 17, to describe sales channel, distributors, traders, dealers etc.

 Chapter 18 and 19, to describe the research findings and conclusion, appendix, methodology and data source

….

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The report "HBPA Epoxy Resin Market by Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, and Others), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2023" The HBPA epoxy resin market is projected to grow from USD 1.7 billion in 2018 to USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. There is an increase in the demand for HBPA epoxy resin in the industrial and E&E coating segments to protect the machines and industrial infrastructure from external weather conditions and chemical attack. Increasing urbanization and industrialization are the key factors driving the demand for HBPA epoxy resin in these applications. However, volatility in raw material prices and high price of HBPA epoxy resin are hampering the market growth.

APAC is estimated to be the largest market for HBPA epoxy resin owing to its high consumption in E&E and industrial coating applications in the region. The HBPA epoxy resin coating provides thermal transfer, chemical resistance, and dimensional stability to the electrical products owing to its excellent adhesion and mechanical properties. Population growth and rapid industrialization are leading to an increase in demand for power generation and distribution infrastructure, which, in turn, drives the demand for HBPA epoxy resin coating in the E&E application.

The key players in the HBPA epoxy resin market include Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), and Aditya Birla Chemicals (India). These players have established a strong foothold in the market by adopting strategies, such as investment & expansion, new product launch, partnership, and merger & acquisition.

[sramfact]

The report "HBPA Epoxy Resin Market by Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, and Others), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2023" The HBPA epoxy resin market is projected to grow from USD 1.7 billion in 2018 to USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. There is an increase in the demand for HBPA epoxy resin in the industrial and E&E coating segments to protect the machines and industrial infrastructure from external weather conditions and chemical attack. Increasing urbanization and industrialization are the key factors driving the demand for HBPA epoxy resin in these applications. However, volatility in raw material prices and high price of HBPA epoxy resin are hampering the market growth.

APAC is estimated to be the largest market for HBPA epoxy resin owing to its high consumption in E&E and industrial coating applications in the region. The HBPA epoxy resin coating provides thermal transfer, chemical resistance, and dimensional stability to the electrical products owing to its excellent adhesion and mechanical properties. Population growth and rapid industrialization are leading to an increase in demand for power generation and distribution infrastructure, which, in turn, drives the demand for HBPA epoxy resin coating in the E&E application.

The key players in the HBPA epoxy resin market include Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), and Aditya Birla Chemicals (India). These players have established a strong foothold in the market by adopting strategies, such as investment & expansion, new product launch, partnership, and merger & acquisition.

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The report "Fly Ash Market by Type (Type F, Type C), Application (Portland Cement & Concrete, Bricks & Blocks, Road Construction, Agriculture), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2027", is expected to grow from USD 3.4 billion in 2018 to USD 5.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The major factors driving the fly ash market include growth in the construction industry, increasing focus on infrastructure and road paving, promotion of fly ash by the governments of various countries, and increasing focus on the use of environment-friendly products.

The type F segment of the fly ash market is expected to grow at the highest CAGR during the forecast period.

The fly ash market has been segmented on the basis of providers into 2 categories: Class F and Class C. Among these types, type F is expected to be the fastest-growing segment in the fly ash market. The main application of Class F type fly ash is in Portland cement where it is used in mass concrete and high strength mixes. It is also suitable for concreting in summer as it moderates heat gain during concrete curing. The class F type segment is expected to grow at the highest CAGR due to the extensive use of fly ash in countries such as China, India, Japan, the US, and Germany. This is the result of the increasing focus of governments of these countries to increase consumption of fly ash for environmental reasons.

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The report "HBPA Epoxy Resin Market by Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, and Others), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2023" The HBPA epoxy resin market is projected to grow from USD 1.7 billion in 2018 to USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. There is an increase in the demand for HBPA epoxy resin in the industrial and E&E coating segments to protect the machines and industrial infrastructure from external weather conditions and chemical attack. Increasing urbanization and industrialization are the key factors driving the demand for HBPA epoxy resin in these applications. However, volatility in raw material prices and high price of HBPA epoxy resin are hampering the market growth.

On the basis of application, the E&E coating segment is estimated to lead the HBPA epoxy resin market in 2018.

E&E is the largest application of HBPA epoxy resin. These resins are widely used in electrical casting and electrical laminates in several high-voltage electrical machines such as transformers, generators, motors, switch gears, surge accelerators, and isolators. HBPA epoxy resin is used in these machines to protect them from external weather conditions and prevent the yellowing of their surfaces. The increase in urbanization and industrialization drives the consumption of electrical machines on a commercial scale, which, in turn, is fueling the demand for HBPA epoxy resin.