Los Angeles, CA -- (SBWIRE) -- 02/01/2019 -- 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.

The global Epoxy Phenol Novolac market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

This report focuses on Epoxy Phenol Novolac volume and value at global level, regional level and company level. From a global perspective, this report represents overall Epoxy Phenol Novolac market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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The following manufacturers are covered:

Huntsman

GP Chemicals

DOW

Hexion Inc.

DIC

Momentive

CORCHEM

A&C Catalysts

NanYa Plastics

BlueStar

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Phenol Type Epoxy Phenol Novolac

O-Cresol Type Epoxy Phenol Novolac

Bisphenol A Type Epoxy Phenol Novolac

Segment by Application

Adhesives

Protective Coatings

Composite Materials

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