Bisphenol A Type Epoxy Resin Producers and Bisphenol A Type Epoxy Resin Market Trend

Epoxy resin is a class of reactive prepolymers and polymers that contain epoxide groups. The most common epoxy resin is based on O-alkylation of bisphenol A (BPA) with epichlorohydrin (ECH).

Figure Molecular Structure of Bisphenol A-Type Epoxy Resin

Source: Mitsubishi Chemical

According to the size of the average molecular weight, bisphenol A type epoxy resin can be divided into Liquid bisphenol A epoxy resin (low molecular weight epoxy resin, soft resin) and Solid bisphenol A epoxy resin (high molecular weight epoxy resin). It is widely used in the field of electrical & electronics, paints & coatings, adhesives, composites, and other applications (such as Petroleum & petrochemical, consumer and marine, aerospace).

From 2017 to 2022, the global market size of bisphenol A type epoxy resin grows from 8,737 million USD to 16,697 million USD with a CAGR of 13.8% driven by a sharp rise in price and demand recovery from COVID-19 endemic. The global market size of bisphenol A type epoxy resin is expected to reach 18,857 million USD by 2027, with a CAGR of 2.5% from 2022 to 2027.

Olin, Nan Ya Plastic, Hexion, Chang Chun Group, Huntsman, Kukdo, Kumho P&B, Mitsubishi Chemical, KOLON Industries, Aditya Birla, Sanmu Group, Kingboard, Bluestar, and Grace Epoxy are global leading bisphenol A type epoxy resin producers. The installed production capacity of Olin, Nan Ya Plastic, Hexion, Sanmu Group exceeds 0.3 million tons. The installed production capacity of Chang Chun Group, Huntsman, Kukdo, Kumho P&B, Mitsubishi Chemical, KOLON Industries, Aditya Birla, Kingboard, Bluestar, and Grace Epoxy exceed 0.1 million tons.

China is the largest bisphenol A type epoxy resin production base, followed by the USA, Japan, South Korea, EU. Following is the production capacity market share by region.