Epoxy resins which are also known as polyepoxides belong to the category of reactive prepolymers and polymers that contain the epoxide group. Epoxy resins are one of the most versatile compounds that are widely used in the orthophthalic and polyester family. Epoxy resins usually react either with themselves or with other co-reactants which include phenols, acids, alcohols, polyfunctional amines and thiols among others.
Epoxy resins are either low molecular weight pre-polymers or high molecular weight polymers which usually contain at least two epoxide groups. The epoxide group is also known as oxirane and glycidyl group. The raw material required to industrially manufacture epoxy resins are largely derived from petroleum.
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The epoxide content in the epoxy resins is the most crucial factor which determines the characteristics of epoxy resins. Different grades of epoxy resins are usually blended with various additives, plasticizers and fillers. Epoxy resins find wide range of applications in paints and coatings, electrical and electronic components and structural adhesives manufacturing industries.
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Momentive Performance Materials, Kukdo Chemical (South Korea), Huntsman Corporation (U.S.), The Dow Chemical Company (U.S.), Atul Ltd (India), Sika AG (Switzerland), Cytec Industries Incorporation (U.S.), DuPont (U.S.), 3M (U.S.), BASF SE (Germany), Aditya Birla Chemicals (Thailand) Ltd, NAMA Chemicals (Saudi Arabia), LEUNA-Harze GmbH (Germany), and Spolchemie A.S. (Czech Republic) among others are expected to some of the major participants of the global epoxy resins market. The companies are mainly focused towards developing bio based epoxy resins in order to comply with the stringent environmental regulations.
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