Epoxy resins are reactive polymer composites that are produced by copolymerizing an epoxide with a compound containing two hydroxyl groups. They provide high tensile strength and compression and exhibit strong adhesion to various substrates. They are also resistant to heat, corrosion and chemicals, especially alkaline solutions, and high electrical insulation. As a result, they are used in various industrial applications, including adhesives, paints and coatings, composites, and electronic encapsulation.
The escalating demand for real estate properties to accommodate the growing global population is resulting in increasing construction activities worldwide. This represents one of the key factors positively influencing the market. In addition, the rapid infrastructural development, along with the rising trend of remodeling, reconstructing, and renovating residential buildings and commercial complexes, is catalyzing the demand for epoxy resins in construction materials. Moreover, epoxy resins are used in products to provide quick dryness, toughness, and a superior coating to metals and other materials. Apart from this, the expanding applications of epoxy resins in the automotive industry to reduce the overall weight of vehicles, protect them from abrasion and other damages, and extend their average lifespan are contributing to the market growth. Furthermore, leading players are introducing numerous product variants that can be used in various sporting equipment, such as tennis racquets, surfboards, and skis. This, coupled with the growing participation of individuals in sports, is driving the sales of epoxy resins. Moreover, the rising focus on research and development (R&D) activities to introduce enhanced epoxy resins produced from natural and bio-based raw materials is expected to create diverse growth opportunities for industry investors.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the epoxy resins manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the epoxy resins industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the epoxy resins industry.
The following technical and economic aspects are included in the report:
Key Questions Answered in This Report-
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
4 Global Epoxy Resins Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Epoxy Resins Price Trends
4.7.2 Product Margins
5 Epoxy Resins Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
6.4.3.1 Plant Machinery Costs
6.4.3.2 Auxiliary Equipment Cost
6.4.3.3 Electrical Works and Piping Costs
6.4.3.4 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7 Annexure
7.1 Raw Material Suppliers
7.2 Plant Machinery Suppliers
List of Figures
Figure 1: Global: Epoxy Resins Market: Major Drivers and Challenges
Figure 2: Global: Epoxy Resins Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Epoxy Resins Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Epoxy Resins Market: Breakup by Segment (in %), 2022
Figure 5: Global: Epoxy Resins Market: Breakup by Region (in %), 2022
Figure 6: Epoxy Resins: Price Trends, 2017 & 2022
Figure 7: Epoxy Resins: Margins Across Various Stages of the Supply Chain
Figure 8: Epoxy Resins: Breakup of Costs
Figure 9: Epoxy Resins Price Structure
Figure 10: Epoxy Resins: Manufacturing Process Flow
Figure 11: Epoxy Resins: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Epoxy Resins: Raw Material Price Trends, 2017 & 2022
List of Tables
Table 1: Epoxy Resins Manufacturing: Raw Material Requirements
Table 2: Epoxy Resins Manufacturing: Raw Material Costs
Table 3: Epoxy Resins Manufacturing: Electricity Costs
Table 4: Epoxy Resins Manufacturing: Steam Costs
Table 5: Epoxy Resins Manufacturing: Process Water Costs
Table 6: Epoxy Resins Manufacturing: Total Utility Costs
Table 7: Epoxy Resins Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Epoxy Resins Manufacturing: Packaging Costs
Table 9: Epoxy Resins Manufacturing: Transportation Costs
Table 10: Epoxy Resins Manufacturing: Sales and Administration Costs
Table 11: Epoxy Resins Manufacturing: Total Operating Costs
Table 12: Epoxy Resins Manufacturing: Costs Related to Land and Site Development
Table 13: Epoxy Resins Manufacturing: Costs Related to Civil Works
Table 14: Epoxy Resins Manufacturing: Costs Related to Plant Machinery
Table 15: Epoxy Resins Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Epoxy Resins Manufacturing: Costs Related to Electrical works and Piping
Table 17: Epoxy Resins Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Epoxy Resins Manufacturing: Working Capital Requirements
Table 19: Epoxy Resins Manufacturing: Total Capital Investment Required
Table 20: Epoxy Resins Manufacturing: Total Production Cost
Table 21: Epoxy Resins Manufacturing: Raw Material Suppliers
Table 22: Epoxy Resins Manufacturing: Machinery Suppliers
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