Alicyclic Epoxy Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 1.8 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
The Alicyclic Epoxy Market was valued at approximately USD 2.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The increasing demand for advanced materials in industries such as automotive, construction, and coatings has significantly driven the market growth. The market’s expansion can also be attributed to the growing need for high performance materials that offer superior chemical resistance, thermal stability, and better environmental sustainability. Asia Pacific is expected to dominate the Alicyclic Epoxy market, contributing over 40% of the global market share in 2022 due to the rapid industrialization and development of key end use industries in countries like China and India. North America and Europe are expected to witness substantial growth due to high demand for high performance coatings and composites, particularly in the automotive and aerospace sectors. The increasing trend towards renewable energy sources and green technologies is also expected to boost the market, with significant growth in the renewable energy applications for Alicyclic Epoxy resins in wind turbines and solar panel manufacturing.
The regional analysis of the Alicyclic Epoxy market reveals that Asia Pacific is the largest and fastest growing market, accounting for a share of over 40% in 2022. This growth is driven by the significant demand in emerging economies such as China, India, and Japan, where automotive, construction, and electronics sectors are witnessing substantial development. Europe is the second largest market for Alicyclic Epoxy, holding a market share of around 25% in 2022, with steady growth driven by the industrial sectors demand for advanced coatings and composites. The North American market is also expected to show strong growth, with a focus on the development of renewable energy and aerospace industries. The Latin American and Middle Eastern markets are expected to expand at a slower rate but still present opportunities for growth in the coming years, driven by demand for high performance coatings and composite materials in specific applications.
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Daicel
ENEOS
Japan Material Technologies Corporation
Shin-Etsu Chemical
Chembridge International
Tetra New Material Technology
Nantong Synasia New Material
Hexion
Huntsman
Aditya Birla Chemicals
Emerald Performance Materials
Kukdo Chemical
Atul Ltd
Mitsubishi Chemical Corporation
Olin Corporation
Spolchemie
Haike Group
Wanhua Chemical Group Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Alicyclic Epoxy Market
Aerospace
Automotive
Construction
Electronics
Marine
Energy & Power
Bisphenol A (BPA) based Epoxy
Novolac Epoxy
Aliphatic Epoxy
Hybrid Epoxy
Coatings
Adhesives
Composites
Electrical Insulation
Others
Thermal Cured Epoxy
UV Cured Epoxy
Room Temperature Cured Epoxy
One-Component Epoxy
Two-Component Epoxy
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Alicyclic Epoxy Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Alicyclic Epoxy Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Alicyclic Epoxy Market, By Type
6. Global Alicyclic Epoxy Market, By Application
7. Global Alicyclic Epoxy Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Alicyclic Epoxy Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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