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Global Epoxy Phenol Novolac Market Research Report 2024
Synopsis
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.
The global Epoxy Phenol Novolac market was valued at US$ 230.4 million in 2023 and is anticipated to reach US$ 300.8 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
Global key players of epoxy phenol novolac include Huntsman, Olin, Aditya Birla Group, NanYa Plastics, DIC, etc. The top five players hold a share about 68%. China and North America are the two largest producers, both have a share about 24%, followed by Europe, with share 23%. The largest market is Asia-Pacific, with a share about 48%, followed by North America and Europe, with share 29% and 17%, separately.
This report aims to provide a comprehensive presentation of the global market for Epoxy Phenol Novolac, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Epoxy Phenol Novolac.
Report Scope
The Epoxy Phenol Novolac market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Epoxy Phenol Novolac market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Epoxy Phenol Novolac manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huntsman
Olin
Hexion
NanYa Plastics
Kukdo Chemical Industry
Chang Chun Group
SanMu Group
Aditya Birla Group
DIC
Shengquan
Segment by Type
Pure Epoxy Phenol Novolac
Epoxy Phenol Novolac Solution
Segment by Application
Adhesives
Protective Coatings
Composite Materials
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Epoxy Phenol Novolac manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Epoxy Phenol Novolac by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Epoxy Phenol Novolac in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Epoxy Phenol Novolac market was valued at US$ 230.4 million in 2023 and is anticipated to reach US$ 300.8 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
Global key players of epoxy phenol novolac include Huntsman, Olin, Aditya Birla Group, NanYa Plastics, DIC, etc. The top five players hold a share about 68%. China and North America are the two largest producers, both have a share about 24%, followed by Europe, with share 23%. The largest market is Asia-Pacific, with a share about 48%, followed by North America and Europe, with share 29% and 17%, separately.
This report aims to provide a comprehensive presentation of the global market for Epoxy Phenol Novolac, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Epoxy Phenol Novolac.
Report Scope
The Epoxy Phenol Novolac market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Epoxy Phenol Novolac market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Epoxy Phenol Novolac manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Huntsman
Olin
Hexion
NanYa Plastics
Kukdo Chemical Industry
Chang Chun Group
SanMu Group
Aditya Birla Group
DIC
Shengquan
Segment by Type
Pure Epoxy Phenol Novolac
Epoxy Phenol Novolac Solution
Segment by Application
Adhesives
Protective Coatings
Composite Materials
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Epoxy Phenol Novolac manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Epoxy Phenol Novolac by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Epoxy Phenol Novolac in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Epoxy Phenol Novolac Market Overview
1.1 Product Definition
1.2 Epoxy Phenol Novolac Segment by Type
1.2.1 Global Epoxy Phenol Novolac Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Pure Epoxy Phenol Novolac
1.2.3 Epoxy Phenol Novolac Solution
1.3 Epoxy Phenol Novolac Segment by Application
1.3.1 Global Epoxy Phenol Novolac Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Adhesives
1.3.3 Protective Coatings
1.3.4 Composite Materials
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Epoxy Phenol Novolac Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Epoxy Phenol Novolac Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Epoxy Phenol Novolac Production Estimates and Forecasts (2019-2030)
1.4.4 Global Epoxy Phenol Novolac Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Epoxy Phenol Novolac Production Market Share by Manufacturers (2019-2024)
2.2 Global Epoxy Phenol Novolac Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Epoxy Phenol Novolac, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Epoxy Phenol Novolac Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Epoxy Phenol Novolac Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Epoxy Phenol Novolac, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Epoxy Phenol Novolac, Product Offered and Application
2.8 Global Key Manufacturers of Epoxy Phenol Novolac, Date of Enter into This Industry
2.9 Epoxy Phenol Novolac Market Competitive Situation and Trends
2.9.1 Epoxy Phenol Novolac Market Concentration Rate
2.9.2 Global 5 and 10 Largest Epoxy Phenol Novolac Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Epoxy Phenol Novolac Production by Region
3.1 Global Epoxy Phenol Novolac Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Epoxy Phenol Novolac Production Value by Region (2019-2030)
3.2.1 Global Epoxy Phenol Novolac Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Epoxy Phenol Novolac by Region (2025-2030)
3.3 Global Epoxy Phenol Novolac Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Epoxy Phenol Novolac Production by Region (2019-2030)
3.4.1 Global Epoxy Phenol Novolac Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Epoxy Phenol Novolac by Region (2025-2030)
3.5 Global Epoxy Phenol Novolac Market Price Analysis by Region (2019-2024)
3.6 Global Epoxy Phenol Novolac Production and Value, Year-over-Year Growth
3.6.1 North America Epoxy Phenol Novolac Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Epoxy Phenol Novolac Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Epoxy Phenol Novolac Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Epoxy Phenol Novolac Production Value Estimates and Forecasts (2019-2030)
4 Epoxy Phenol Novolac Consumption by Region
4.1 Global Epoxy Phenol Novolac Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Epoxy Phenol Novolac Consumption by Region (2019-2030)
4.2.1 Global Epoxy Phenol Novolac Consumption by Region (2019-2024)
4.2.2 Global Epoxy Phenol Novolac Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Epoxy Phenol Novolac Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Epoxy Phenol Novolac Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Epoxy Phenol Novolac Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Epoxy Phenol Novolac Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Epoxy Phenol Novolac Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Epoxy Phenol Novolac Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Epoxy Phenol Novolac Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Epoxy Phenol Novolac Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Epoxy Phenol Novolac Production by Type (2019-2030)
5.1.1 Global Epoxy Phenol Novolac Production by Type (2019-2024)
5.1.2 Global Epoxy Phenol Novolac Production by Type (2025-2030)
5.1.3 Global Epoxy Phenol Novolac Production Market Share by Type (2019-2030)
5.2 Global Epoxy Phenol Novolac Production Value by Type (2019-2030)
5.2.1 Global Epoxy Phenol Novolac Production Value by Type (2019-2024)
5.2.2 Global Epoxy Phenol Novolac Production Value by Type (2025-2030)
5.2.3 Global Epoxy Phenol Novolac Production Value Market Share by Type (2019-2030)
5.3 Global Epoxy Phenol Novolac Price by Type (2019-2030)
6 Segment by Application
6.1 Global Epoxy Phenol Novolac Production by Application (2019-2030)
6.1.1 Global Epoxy Phenol Novolac Production by Application (2019-2024)
6.1.2 Global Epoxy Phenol Novolac Production by Application (2025-2030)
6.1.3 Global Epoxy Phenol Novolac Production Market Share by Application (2019-2030)
6.2 Global Epoxy Phenol Novolac Production Value by Application (2019-2030)
6.2.1 Global Epoxy Phenol Novolac Production Value by Application (2019-2024)
6.2.2 Global Epoxy Phenol Novolac Production Value by Application (2025-2030)
6.2.3 Global Epoxy Phenol Novolac Production Value Market Share by Application (2019-2030)
6.3 Global Epoxy Phenol Novolac Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Huntsman
7.1.1 Huntsman Epoxy Phenol Novolac Corporation Information
7.1.2 Huntsman Epoxy Phenol Novolac Product Portfolio
7.1.3 Huntsman Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Huntsman Main Business and Markets Served
7.1.5 Huntsman Recent Developments/Updates
7.2 Olin
7.2.1 Olin Epoxy Phenol Novolac Corporation Information
7.2.2 Olin Epoxy Phenol Novolac Product Portfolio
7.2.3 Olin Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Olin Main Business and Markets Served
7.2.5 Olin Recent Developments/Updates
7.3 Hexion
7.3.1 Hexion Epoxy Phenol Novolac Corporation Information
7.3.2 Hexion Epoxy Phenol Novolac Product Portfolio
7.3.3 Hexion Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Hexion Main Business and Markets Served
7.3.5 Hexion Recent Developments/Updates
7.4 NanYa Plastics
7.4.1 NanYa Plastics Epoxy Phenol Novolac Corporation Information
7.4.2 NanYa Plastics Epoxy Phenol Novolac Product Portfolio
7.4.3 NanYa Plastics Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.4.4 NanYa Plastics Main Business and Markets Served
7.4.5 NanYa Plastics Recent Developments/Updates
7.5 Kukdo Chemical Industry
7.5.1 Kukdo Chemical Industry Epoxy Phenol Novolac Corporation Information
7.5.2 Kukdo Chemical Industry Epoxy Phenol Novolac Product Portfolio
7.5.3 Kukdo Chemical Industry Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Kukdo Chemical Industry Main Business and Markets Served
7.5.5 Kukdo Chemical Industry Recent Developments/Updates
7.6 Chang Chun Group
7.6.1 Chang Chun Group Epoxy Phenol Novolac Corporation Information
7.6.2 Chang Chun Group Epoxy Phenol Novolac Product Portfolio
7.6.3 Chang Chun Group Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Chang Chun Group Main Business and Markets Served
7.6.5 Chang Chun Group Recent Developments/Updates
7.7 SanMu Group
7.7.1 SanMu Group Epoxy Phenol Novolac Corporation Information
7.7.2 SanMu Group Epoxy Phenol Novolac Product Portfolio
7.7.3 SanMu Group Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.7.4 SanMu Group Main Business and Markets Served
7.7.5 SanMu Group Recent Developments/Updates
7.8 Aditya Birla Group
7.8.1 Aditya Birla Group Epoxy Phenol Novolac Corporation Information
7.8.2 Aditya Birla Group Epoxy Phenol Novolac Product Portfolio
7.8.3 Aditya Birla Group Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Aditya Birla Group Main Business and Markets Served
7.7.5 Aditya Birla Group Recent Developments/Updates
7.9 DIC
7.9.1 DIC Epoxy Phenol Novolac Corporation Information
7.9.2 DIC Epoxy Phenol Novolac Product Portfolio
7.9.3 DIC Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.9.4 DIC Main Business and Markets Served
7.9.5 DIC Recent Developments/Updates
7.10 Shengquan
7.10.1 Shengquan Epoxy Phenol Novolac Corporation Information
7.10.2 Shengquan Epoxy Phenol Novolac Product Portfolio
7.10.3 Shengquan Epoxy Phenol Novolac Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shengquan Main Business and Markets Served
7.10.5 Shengquan Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Epoxy Phenol Novolac Industry Chain Analysis
8.2 Epoxy Phenol Novolac Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Epoxy Phenol Novolac Production Mode & Process
8.4 Epoxy Phenol Novolac Sales and Marketing
8.4.1 Epoxy Phenol Novolac Sales Channels
8.4.2 Epoxy Phenol Novolac Distributors
8.5 Epoxy Phenol Novolac Customers
9 Epoxy Phenol Novolac Market Dynamics
9.1 Epoxy Phenol Novolac Industry Trends
9.2 Epoxy Phenol Novolac Market Drivers
9.3 Epoxy Phenol Novolac Market Challenges
9.4 Epoxy Phenol Novolac Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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