Global Epoxy Phenol Novolac Market Growth 2019-2024

Epoxy phenol novolac (EPN) resins contain more than two epoxy groups per molecule and are therefore described as multifunctional epoxy resins. In other words they are polyepoxides obtained by reacting a phenolic novolac resin with epichlorohydrin. When cured, they provide a high cross-link density due to the increased epoxy functionality.
Typically, EPN resins are used in high temperature resistant adhesives, corrosion resistant marine coatings, maintenance coatings, industrial coatings, tank linings, pipe coatings, primers in automotive, coil & appliances, manufacturing of epoxy vinyl esters, etc.


In 2014, US is the largest epoxy phenol novolac production area in the world, accounting for 42.33% of global production with an average annual growth rate of 5.07%. Asia (Except China) is second, producing 22804 MT (22.51% share). Taiwan and Thailand are the main production bases in Asia. The total annual production capacity of epoxy phenol novolac producing countries is 101290 MT in 2014.
The epoxy phenol novolac major manufacturers are Huntsman, GP Chemicals, Aditya Birla Group, DOW, Hexion Inc., DIC, Momentive, Emerald, Performance Materials, Kukdo Chemical Industry, CORCHEM, A&C Catalysts, NanYa Plastics, etc. China only has a few manufacturers like BlueStar, SanMu Group and SINOPEC can produce epoxy phenol novolac.
The epoxy phenol novolac is mainly used in the adhesives, protective coatings, composite materials industries, etc. US is the main consumption market share of epoxy phenol novolac which holds 32.22% in 2014. China is the second consumption while China mainly relies on importing from Thailand, US, EU, etc. In recent years, the China consumption volume market share is gradually increasing from 26.59% in 2010 to 28.74% in 2014.

According to this study, over the next five years the Epoxy Phenol Novolac market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Epoxy Phenol Novolac business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Epoxy Phenol Novolac market by product type, application, key manufacturers and key regions and countries.

This study considers the Epoxy Phenol Novolac value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Phenol Type Epoxy Phenol Novolac
O-Cresol Type Epoxy Phenol Novolac
Bisphenol A Type Epoxy Phenol Novolac
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Adhesives
Protective Coatings
Composite Materials
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Huntsman
GP Chemicals
Aditya Birla Group
DOW
Hexion Inc.
DIC
Momentive
Emerald Performance Materials
Kukdo Chemical Industry
CORCHEM
A&C Catalysts
NanYa Plastics
BlueStar
SanMu Group
SINOPEC

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Epoxy Phenol Novolac consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Epoxy Phenol Novolac market by identifying its various subsegments.
Focuses on the key global Epoxy Phenol Novolac manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Epoxy Phenol Novolac with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Epoxy Phenol Novolac submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.