- Liquid
- Solid
Latin America HBPA Epoxy Resin Market size was valued at USD x million in 2023 and is poised to grow at a CAGR of x% during the forecast period 2024-2030. 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. The growing population and increasing urbanization have resulted in the growth of a strong and reliable power generation and distribution network, which, in turn, is driving the demand for HBPA epoxy resin in the E&E coating application. 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.
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.
2023 is the base year and 2030 is the forecast year.
The Latin America hbpa epoxy resin market coverage are the Brazil, Mexico, Argentina
The Latin America HBPA Epoxy Resin Market key players are the 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
1.Executive Summary |
2.Latin America HBPA Epoxy Resin Market Introduction |
2.1.Latin America HBPA Epoxy Resin Market - Taxonomy |
2.2.Latin America HBPA Epoxy Resin Market - Definitions |
2.2.1.Physical Form |
2.2.2.Application |
2.2.3.Country |
2.2.4.Country |
3.Latin America 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.Latin America 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.Latin America 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.Latin America 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.Latin America HBPA Epoxy Resin Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Brazil |
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. Mexico |
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. Argentina |
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. Chile |
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 Latin America |
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.Latin America HBPA Epoxy Resin Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Brazil |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Mexico |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Rest of LA |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9.Brazil HBPA Epoxy Resin Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Physical Form Analysis 2019 - 2023 and Forecast 2024 - 2030 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 |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Brazil |
9.3.2.Mexico |
9.3.3.Argentina |
9.3.4.Chile |
9.3.5.Rest of Latin America |
10.Mexico 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 |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Brazil |
10.3.2.Mexico |
10.3.3.Argentina |
10.3.4.Chile |
10.3.5.Rest of Latin America |
11.Rest of LA 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 |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Brazil |
11.3.2.Mexico |
11.3.3.Argentina |
11.3.4.Chile |
11.3.5.Rest of Latin America |
12. Competition Landscape |
12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
12.2.1.Hexion |
12.2.2.Atul Chemicals |
12.2.3.New Japan Chemical Company |
12.2.4.Aditya Birla Chemicals |
12.2.5.Kukdo Chemicals |
12.2.6.Anhui Xinyuan Chemical Company |
12.2.7.SIR Industriale |
12.2.8.Emerald Performance Material |
12.2.9.Nagase America Corporation |
12.2.10.Huntsman Corporation |
13. Research Methodology |
14. Appendix and Abbreviations |