#HBPA Epoxy Resin business research report

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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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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, 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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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 (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 United States market, to split the market based on manufacturers, states, type and application. Market Segment by Manufacturers, this report covers New Japan Chemical Maruzen Petrochemical Milliken Chemical Puyang Huicheng Electronic Materials Market Segment by States, covering California Texas New York Florida Illinois 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) There are 17 Chapters to deeply display the United States Hydrogenated Bisphenol A market. Chapter 1, to describe Hydrogenated Bisphenol A Introduction, product type and application, market overview, market analysis by States, 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 United States market by States, covering California, New York, Texas, Illinois and Florida, with sales, price, revenue and market share of Hydrogenated Bisphenol A, for each state, 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 and 11, to analyze the key States by Type and Application, covering California, New York, Texas, Illinois and Florida, with sales, revenue and market share by types and applications; Chapter 12, Hydrogenated Bisphenol A market forecast, by States, type and application, with sales, price, revenue and growth rate forecast, from 2017 to 2022; Chapter 13, to analyze the manufacturing cost, key raw materials and manufacturing process etc. Chapter 14, to analyze the industrial chain, sourcing strategy and downstream end users (buyers); Chapter 15, to describe sales channel, distributors, traders, dealers etc. Chapter 16 and 17, to describe Hydrogenated Bisphenol A Research Findings and Conclusion, Appendix, methodology and data source.

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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.

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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.

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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.