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Epoxy Resin Market - By Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) & By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Investment, and Forecast (2022– 2027)

Published: January, 2022
ID: 8609
Pages: 180

Epoxy Resin Market Size & Growth (2022-2027):

Epoxy Resin Market was close to USD 10.93 billion on the basis of revenue, by the end of the year 2021 and is estimated to rise at a CAGR of 7.54% to reach around USD 13.45 billion by the end of the foreseen period.

Epoxy resin is a fragment of oligomeric composite that can be furthermore retaliated with healing agents to make thermoset polymer showing a greater degree of chemical and corrosion repellence. It is a pliable thermosetting resin that is known to a way of reactive prepolymer and polymer, having epoxide batches. Epoxy resin either reacts with numerous co-reactants like phenols, amines, thiols, or with themselves in the existence of catalysts. It has great mechanical characteristics and exhibits greater thermal and chemical repellence compared to other kinds of resin. They provide blades with adequate strength and toughness with less weight, allowing longer blades. With the growing focus by the government on green energy sources, the global epoxy resin market size is determined to multiply in the future. These are also employed in electrical and energy distribution systems as sealants, coatings, and adhesives.

Epoxy Resin, also named polyepoxides, is known to a kind of reactive prepolymer and polymer having epoxide classes. These materials have excellent-strength stiff fibers in a tough resin matrix. In addition, the stringent Corporate Average Fuel Economy (CAFE) regulations impacted the automobile manufacturers to seek for an instant solution to decrease the greenhouse releases and escalate the fuel economy. These challenges end up in requirement to create a vehicle that is safe, functional with low releases, and economical.

Recent Developments in the Epoxy Resin Market Industry:

Park Electrochemical Corp., a worldwide developed materials industry that advances and produces high-technology digital and microwave printed circuit elements, has confirmed the launch of its new E-752-LT hardened 350°F (177°C) cure epoxy resin system that is vital for Automated Fibre Placement (AFP) processing.

Epoxy Resin Market Drivers and Restraints

Epoxy Resin has numerous industrial applications in a vast range of end-use businesses. It manifests high mechanical characteristics and more thermal and chemical resistance than different kinds of resin. Composite materials play a key role in aircraft components due to their high strength and high stiffness-to-density ratio. The market is highly driven by the call from the paints and coatings application in several end-use businesses, mainly the buildings and construction and aerospace firms, for their protective and mechanical characteristics. In addition, these epoxy resins are utilized in wind turbine blades and applied as protective coatings. Also, the rise in urge for solid resins that can be used in the powder coatings aids in the development of the epoxy resin industry. 

Nevertheless, the expenses related may restrain the expansion of the industry in the foreseen period. Rising construction and automotive businesses on account of rising disposable income along with changes in consumer lifestyle have been a prominent aspect supporting the growth of this sector. Rising usage of resin-based coatings as primers in sectors like automotive & marine paints and for repellence towards metal cans and containers is predicted to boost the call. Epoxy resin need in automobile and industrial applications is estimated to expand on account of superior heat resistance when compared to latex-based or alkyd-based paints. Rising call from waterborne coatings, powder coatings, electrical & electronic laminates, flooring, and paving applications is estimated to further escalate the expansion. The augmenting call for epoxy-based composite materials in the production of vehicles and aircraft is supposed to fuel the expansion of the global epoxy resin market during the foreseen period. 




Market Size Available

2021– 2026

Base Year


Forecast Period

2022- 2027



Segments Covered

By Technology, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa



Market Leaders Profiled

Aditya Birla Chemicals (India), GE Plastics (U.S.), Olin Corporation (U.S.), Chang Chung Plastics Co. Ltd. (Taiwan), Nan Ya Plastics Co. Ltd. (Taiwan), Huntsman Corporation (Taiwan), Kukdo Chemicals (U.S.), and Hexion Inc. (U.S.)  


Epoxy Resin Market

Epoxy Resin Market segmentation as per the research report until 2027.

Epoxy Resin Market Analysis

Epoxy Resin Market - By Technology

  • Liquid Epoxy

  • Solid Epoxy

  • Waterborne Epoxy

  • Solvent Cut Epoxy

  • Others

Solid epoxy resin is the quickest-advancing sector in the overall epoxy resin industry owing to its escalating employment in powder coating applications. The liquid epoxy resin sector holds for the largest share of the overall industry owing to its broad variety of applications.

Epoxy Resin Market - By Application

  • Building & Construction

  • Automotive & Transportation

  • Electrical & Electronics

  • Adhesives & Sealants

  • Paints And Coatings

  • Marine

  • Others

Epoxy resins are extensively used in the paints & coatings sector for its mechanical and protective features. The usage of epoxy resins in the composite's application is showcasing the rapid expansion.

Epoxy Resin Market – By Region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

The global call for epoxy resin is led by Asia-Pacific owing to the escalated adoption of epoxy resin in many businesses. Asia-Pacific is the dominating producer and customer of epoxy, owing to rising infrastructure and increasing automobile production in the region. Furthermore, in 2019, China led the Asia-Pacific epoxy resin market on the basis of production and consumption. The North American market was worth USD 1,223.0 million in 2019. Rising calls for automotive and marine coatings is estimated to drive the area. The rising employment of wind turbines for power generation on account of rising concern towards traditional energy sources depletion is estimated to impact positively to the product expansion. The European epoxy resin market is extremely impacted by composites and coatings call from aircraft makers in the region. Rising calls for automobiles is also estimated to impact the expansion in the locale.

Epoxy Resin Market key players:

Major companies plying their trade in the Epoxy Resin Market include

  1. Aditya Birla Chemicals (India),

  2. GE Plastics (U.S.),

  3. Olin Corporation (U.S.),

  4. Chang Chung Plastics Co. Ltd. (Taiwan),

  5. Nan Ya Plastics Co. Ltd. (Taiwan),

  6. Huntsman Corporation (Taiwan),

  7. Kukdo Chemicals (U.S.),

  8. Hexion Inc. (U.S.) 

1. Introduction                                

               1.1 Market Definition                    

               1.2 Study Deliverables                  

               1.3 Base Currency, Base Year and Forecast Periods                          

               1.4 General Study Assumptions                 

2. Research Methodology                                          

               2.1 Introduction                             

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design                        

               2.4 Study Timeline                         

3. Overview                                     

               3.1 Executive Summary                

               3.2 Key Inferences                         

               3.3 Epidemology                            

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

               4.1 Market Drivers                         

               4.2 Market Restraints                   

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market               

5. Market Segmentation                                            

               5.1 Physical Form                           

                              5.1.1 Introduction           

                              5.1.2 Liquid        

                              5.1.3 Solid          

                              5.1.4 Solution    

                              5.1.5 Y-o-Y Growth Analysis, By Physical Form     

                              5.1.6 Market Attractiveness Analysis, By Physical Form   

                              5.1.7 Market Share Analysis, By Physical Form    

               5.2 Application                 

                              5.2.1 Introduction           

                              5.2.2 Paints & Coatings 

                              5.2.3 Adhesives & Sealants          

                              5.2.4 Composites            

                              5.2.5 Y-o-Y Growth Analysis, By Application         

                              5.2.6 Market Attractiveness Analysis, By Application        

                              5.2.7 Market Share Analysis, By Application         

               5.3 End-Use Industry                     

                              5.3.1 Introduction           

                              5.3.2 Building & Construction     

                              5.3.3 Aerospace

                              5.3.4 Wind Power           

                              5.3.5 Marine      

                              5.3.6 Consumer Goods  

                              5.3.7 Y-o-Y Growth Analysis, By End-Use Industry              

                              5.3.8 Market Attractiveness Analysis, By End-Use Industry            

                              5.3.9 Market Share Analysis, By End-Use Industry             

6. Geographical Analysis                                            

               6.1 Introduction                             

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                    By Geographical Area

                                    By Physical Form

                                    By Application

                                    By End-Use Industry

                              6.1.4  Market Attractiveness Analysis      

                                    By Geographical Area

                                    By Physical Form

                                    By Application

                                    By End-Use Industry

                              6.1.5  Market Share Analysis       

                                    By Geographical Area

                                    By Physical Form

                                    By Application

                                    By End-Use Industry

               6.2 North America                         

                              6.1.1 Introduction           

                              6.1.2 United States         

                              6.1.3 Canada     

               6.3 Europe                        

                              6.2.1 Introduction           

                              6.2.2 U.K            

                              6.2.3 Spain         

                              6.2.4 Germany  

                              6.2.5 Italy           

                              6.2.6 France      

               6.4 Asia-Pacific                

                              6.3.1 Introduction           

                              6.3.2 China        

                              6.3.3 India         

                              6.3.4 Japan        

                              6.3.5 Australia   

                              6.3.6 South Korea           

               6.5 Latin America                           

                              6.4.1 Introduction           

                              6.4.2 Brazil         

                              6.4.3 Argentina 

                              6.4.4 Mexico     

                              6.4.5 Rest of Latin America          

               6.6 Middle East & Africa              

                              6.5.1 Introduction           

                              6.5.2 Middle-East           

                              6.5.3 Africa        

7. Strategic Analysis                                      

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis                             

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                       

               8.1 GE Plastics                  

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2  Chang Chung Plastics Co. Ltd.                           

               8.3 Nan Ya Plastics Co. Ltd.                        

               8.4 Olin Corporation                     

               8.5 Huntsman Corporation                         

               8.6 Aditya Birla Chemicals                          

               8.7 Kukdo Chemicals                     

               8.8 Hexion Inc.                

9. Competitive Landscape                                         

               9.1 Market share analysis                           

               9.2 Merger and Acquisition Analysis                       

               9.3 Agreements, collaborations and Joint Ventures                          

               9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         


               a) List of Tables                

               b) List of Figures                             

  1. Global Epoxy Resin Market By Region, From2022 - 2027( USD Billion )

  2. Global Epoxy Resin Market By Physical Form, From2022 - 2027( USD Billion )

  3. Global Liquid Market By Region, From2022 - 2027( USD Billion )

  4. Global Solid Market By Region, From2022 - 2027( USD Billion )

  5. Global Solution Market By Region, From2022 - 2027( USD Billion )

  6. Global Epoxy Resin Market By Application, From2022 - 2027( USD Billion )

  7. Global Paints & Coatings Market By Region, From2022 - 2027( USD Billion )

  8. Global Adhesives & Sealants Market By Region, From2022 - 2027( USD Billion )

  9. Global Composites Market By Region, From2022 - 2027( USD Billion )

  10. Global Epoxy Resin Market By End-Use Industry, From2022 - 2027( USD Billion )

  11. Global Building & Construction Market By Region, From2022 - 2027( USD Billion )

  12. Global Aerospace Market By Region, From2022 - 2027( USD Billion )

  13. Global Wind Power Market By Region, From2022 - 2027( USD Billion )

  14. Global Marine Market By Region, From2022 - 2027( USD Billion )

  15. Global Consumer Goods Market By Region, From2022 - 2027( USD Billion )

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