Here is a Detailed Project Report on the Epoxy Resin and Hardener for External Coating of Pipes, its process, market position, demands, investment opportunity and project financials. It comprises a comprehensive analysis of the industry. The report also includes plant capacity, requirement of land and building, raw material detail with supplier list, plant & machinery, flow sheet diagram, total Capital investment along with detailed calculation on rate of return, break-even analysis and profitability analysis. Epoxy Resin or Polyepoxides are a group of reactive polymers and prepolymers that contain epoxide. It is commonly used for its adhesiveness and as a coating for pipes.
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What is Epoxy Resin and what is it used for?
As I mentioned before, Epoxy Resin is an extremely strong adhesive and it also has heat resistance. This is why it has a lot of applications in many industries.
Here are a few industries and Epoxy Resin’s application in them.
- Epoxy resin’s application in Electronic system
Epoxy resin is a great insulator. They also protect the electronic system from dust and moisture. And that is why, in the electronic industry, Epoxy Resin is used in producing insulators, motors, generators, short circuits and transformers.
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- Epoxy resin’s application in Painting.
Epoxy is used in paints that are used in our houses, on our electronics, or walls etc. It is called powdered coating.
Read our Book Here: Epoxy Resins Technology Handbook (Synthesis, Epoxy Resin Adhesives, Epoxy Coatings) with Manufacturing Process and Machinery Equipment Details (3rd Edition)
- Epoxy resin’s application in Coating.
Epoxy Resin is a strong adhesive, it is also resistant to heat, moisture and dust. This makes a perfect coating material. This is why Epoxy Resin is used to coat pipes, flooring, paint cans, etc.
And these are few industrial applications of Epoxy Resin.
Read Similar Articles: Production Business of Liquid Epoxy Resin | Epoxy Resin Industry
Characteristics of Epoxy Resin.
The reason why Epoxy Resin has so many industrial applications is due to its characteristics. It is a very flexible material and it makes a great coating and protective covering.
Here are a bunch of Characteristics that make Epoxy Resin such a flexible and useful material
- Epoxy Resin is a super Strong Adhesive.
- Epoxy Resin can work as a sealant.
- Epoxy Resin is heat proof.
- Epoxy Resin is a great insulator.
- Epoxy Resin moisture proof.
- Epoxy Resin works as a Dust cover. It keeps the dust away.
- Epoxy Resin has corrosion prevention properties.
So these characteristics that are carried by Epoxy Resins, makes it useful in the Electronic industry, in coating and sealing application, in paint jobs and also in repairing application.
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Market Overview of Epoxy resins and key players.
Asia and the Pacific are the biggest market for Epoxy Resins, with China and India being two most dominating countries in the Epoxy Resin market. As of now, the Asian Epoxy Resin Market is dominated by two countries, China and India.
Now here is a list of key players in the Indian Epoxy Resin Industry.
- Resinova Chemie LTD.
The company was founded in 1994. It is the leading brand in adhesive manufacturing. It mass produces, Silicon, Epoxy, Adhesives, Acrylics, Putty, and UV Cure. They make their adhesives on epoxy, acrylics, silicon, cyano’s chemistries. Their main market is in India.
Surface Coats and Polymer Specialities.
Established in the year 1997, in Uttar Pradesh, in India, Surface Coats and Polymer Specialties are exporting epoxy resin to North America, Eastern Europe and Southeast Asia. Along with Epoxy Resin, the brand also manufactures Talc, China clay, Calcined Kaolin, Barytes, Dolomite, Benzophenone, Iron Oxide and other such minerals.
- Aditya Genuine Products.
Aditya Genuine Products has been exporting Epoxy Resin to Africa and Middle East as well as importing it domestically since the year 2007. Along with Epoxy Resin, they also manufacture various moulds. They own 60% of the market share.
- Roto Polymer And Chemicals.
Read our Books Here: Epoxy Resins Technology Handbook (Manufacturing Process, Synthesis, Epoxy Resin Adhesives and Epoxy Coatings) 2nd Revised Edition
Roto Polymer and Chemical is based in Tamil Nadu and has been operating since 1999. They are a key player in the Epoxy Resin market in North America, South America, Europe and Southeast Asia. Along with Epoxy Resins, they are also producing battery sealant, Epoxy powder, Epoxy heavy duty flooring coating, Heavy Machinery Foundation Grouting, Injection crack grouting, Crusher Backing Compound, etc. So these are the key players in the Indian Epoxy Resin Market. The market had seen a major fall in the 2020-21 due to Covid, but it has now started to regain its stability.
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