Epoxy Resin Market Report by Type (DGBEA (Bisphenol A and ECH), DGBEF (Bisphenol F and ECH), Novolac (Formaldehyde and Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines and ECH), and Others), Form (Solid, Liquid, Solution), Application (Paints and Coatings, Adhesives and Sealants, Composites, Electronic Encapsulation, and Others), End Use Industry (Building and Construction, Transportation, General Industrial, Consumer Goods, Wind Energy, Aerospace, Marine), and Region 2024-2032

Epoxy Resin Market Report by Type (DGBEA (Bisphenol A and ECH), DGBEF (Bisphenol F and ECH), Novolac (Formaldehyde and Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines and ECH), and Others), Form (Solid, Liquid, Solution), Application (Paints and Coatings, Adhesives and Sealants, Composites, Electronic Encapsulation, and Others), End Use Industry (Building and Construction, Transportation, General Industrial, Consumer Goods, Wind Energy, Aerospace, Marine), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A54
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Market Overview:

The global epoxy resin market size reached US$ 13.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 22.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.63% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 13.7 Billion
Market Forecast in 2032
US$ 22.7 Billion
Market Growth Rate (2024-2032) 5.63%


Epoxy resin or polyepoxides refers to a type of reactive polymer that is derived from petroleum sources containing epoxide groups. They are commonly available in aliphatic alcohols, novolac (formaldehyde and phenols) and glycidyl amine (aromatic amines and ECH) variants. They are commonly incorporated in electronic encapsulation, paints and coating, composites, wind turbines, adhesives, and sealants. Epoxy resins exhibit various properties, such as high thermal stability, prolonged durability, superior mechanical strength and adhesion, and resistance to chemicals and moisture. They also provide enhanced performance and have the ability to adapt to any application. As a result, epoxy resin finds extensive application across marine, transportation, wind energy, aerospace, building and construction industries.

Epoxy Resin Market Trends:

The increasing demand for paints and coatings across the globe is driving the growth of the market. Epoxy resins are widely used as binders for coating applications as they provide high resistance to corrosion and enhance the durability of coating or primers for metal and floor applications. In line with this, the widespread adoption of epoxy powder coatings in dryers, washers, water transmission pipelines, steel pipes and fittings are further contributing to the market growth. Additionally, the introduction of biobased and eco-friendly epoxy resins manufactured from natural and sustainable resins due to the rising environmental consciousness among consumers is providing an impetus to the market growth. Apart from this, the widespread product adoption in the automotive industry due to the increasing demand for lightweight composite materials for enhancing strength, flexibility and reducing vehicle weight is positively impacting the market growth. Apart from this, significant growth in the construction industry and the increasing demand for electrical and electronic devices, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global epoxy resin market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, form, application and end use industry.

Breakup by Type:

  • DGBEA (Bisphenol A and ECH)
  • DGBEF (Bisphenol F and ECH)
  • Novolac (Formaldehyde and Phenols)
  • Aliphatic (Aliphatic Alcohols)
  • Glycidylamine (Aromatic Amines and ECH)
  • Others
     

Breakup by Form:

  • Solid
  • Liquid
  • Solution
     

Breakup by Application:

  • Paints and Coatings
  • Adhesives and Sealants
  • Composites
  • Electronic Encapsulation
  • Others
     

Breakup by End Use Industry:

  • Building and Construction
  • Transportation
  • General Industrial
  • Consumer Goods
  • Wind Energy
  • Aerospace
  • Marine
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aditya Birla Group Chemicals, Atul Ltd., BASF SE, Chang Chun Group, Covestro AG, Daicel Corporation, Dupont De Nemours Inc., Hexion Holdings Corporation, Huntsman International LLC, Kukdo Chemicals Co. Ltd., Nan Ya Plastics Corporation, Olin Corporation and Sika AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Form, Application, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aditya Birla Group Chemicals, Atul Ltd., BASF SE, Chang Chun Group, Covestro AG, Daicel Corporation, Dupont De Nemours Inc., Hexion Holdings Corporation, Huntsman International LLC, Kukdo Chemicals Co. Ltd., Nan Ya Plastics Corporation, Olin Corporation and Sika AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global epoxy resin market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global epoxy resin market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global epoxy resin market and who are the key players?
  • What is the degree of competition in the industry?

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Epoxy Resin Market Report by Type (DGBEA (Bisphenol A and ECH), DGBEF (Bisphenol F and ECH), Novolac (Formaldehyde and Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines and ECH), and Others), Form (Solid, Liquid, Solution), Application (Paints and Coatings, Adhesives and Sealants, Composites, Electronic Encapsulation, and Others), End Use Industry (Building and Construction, Transportation, General Industrial, Consumer Goods, Wind Energy, Aerospace, Marine), and Region 2024-2032
Purchase Options Year End sale




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