Originally Published on: SpendEdge |Top 5 Epoxy Resin Suppliers Making a Name for Themselves in 2018: Supply Market Research and Procurement Insights
Insights into the Epoxy Resin Supply Market
The year 2017 witnessed a significant demand for epoxy resin, primarily driven by the paints and coatings, as well as electronics industries. Epoxy resins, known for their favorable properties such as high mechanical strength, superior chemical resistance, adhesion, and heat resistance, find applications in diverse industries like marine coatings, decorative powder coatings, and composites. The increasing demand from sectors like automotive and aerospace is expected to contribute to a steady rise in spend growth rate over the coming years, as per SpendEdge’s procurement report.
Selecting the Best: Top Epoxy Resin Suppliers
1. Nan Ya:
- Founded in 1958, headquartered in Taiwan.
- Offices in 50+ countries.
- Annual capacity increased from 18,000 MT in 1988 to over 461,000 MT in 2015.
2. DowDupont:
- Headquartered in Midland, US.
- Resulted from the merger of DuPont and Dow Chemical.
- Split into three independent, publicly-traded companies post-merger.
3. Chang Chun Group:
- Established in 1964, headquartered in Taipei, Taiwan.
- Employs over 2000 people.
- Offers a broad portfolio of epoxy resins with high-performance ratios.
4. Hexion:
- Ohio, US-based, with more than 4000 employees.
- Presence in 90 countries.
- Known for providing consistently high-performing materials.
5. Olin Corporation:
- Employing over 6,400 people globally.
- Headquarters in Missouri, US.
- Over 60 years of expertise in offering advanced epoxy technology.
Exploring Epoxy Resin Uses
Epoxy resin's versatile applications range from construction and electronics to artistry and healthcare. Its adhesive and protective properties make it indispensable in bonding, sealing, coating, and preserving materials like wood, metal, and concrete. Artists, industries, and healthcare professionals utilize epoxy for its diverse strengths in creating durable coatings, manufacturing parts, and crafting various products.
Diverse Types of Epoxy Resin
1. Standard Epoxy Resin:
- Widely used for general bonding, coating, and sealing applications.
- Applicable to various surfaces, including metals, concrete, and wood.
2. Clear Epoxy Resin:
- Translucent and cures to a crystal-clear finish.
- Ideal for glossy finishes on artwork, tabletops, jewelry, and ornamental items.
3. High-Temperature Epoxy Resin:
- Designed to withstand elevated temperatures.
- Essential in aerospace, automotive, and industrial settings where exposure to heat is expected.
SpendEdge’s Strategic Insights
SpendEdge’s procurement report provides strategic insights into the top epoxy resin suppliers. It equips category managers with information on procurement trends, pricing models, the supply market, and key challenges affecting the global epoxy resin market.
