Product Code: 978-1-68038-171-9
Epoxy Resin Market Summary
The global epoxy resin market size was estimated at USD 12.17 billion in 2025 and is expected to reach USD 18.07 billion by 2033, growing at a CAGR of 5.0% from 2026 to 2033. The increasing demand for paints & coatings is anticipated to significantly drive market growth during the forecast period.
The increasing demand for epoxy resins is attributed to growing construction spending, particularly in residential construction, in North America and Western Europe. The rapid growth in global manufacturing activities is expected to drive demand for paints & coatings used in the production of motor vehicles and other durable goods, as well as in industrial maintenance applications. This is expected to boost the demand for epoxy resins globally.
Asia Pacific has been the leading consumer of epoxy resins, fueled by increasing demand from China and India. Infrastructure development along with increasing automotive production has fueled paints & coatings demand in the region. Increasing disposable income and willingness to spend are expected to drive the market over the coming years.
In the recent past, global automotive production increased rapidly due to growing demand from middle-class families and rising disposable income across emerging nations such as China, India, Brazil, Vietnam, and others. The rise in automotive demand propelled the consumption of paints & coatings across automotive industry, thereby fueling the demand for epoxy resins. However, volatile raw material price of epoxy resin is expected to restraint the market growth during the forecast period.
In addition, the outbreak of COVID-19 negatively impacted the demand for epoxy resin in various applications, including paints & coatings, adhesives, wind turbines, and others, owing to the stalled manufacturing activities, restrictions in supply and transportation, and economic slowdown across the globe in 2020. Moreover, the recommencing industrial operation is projected to positively influence the demand for the epoxy resin market over the forecast period.
Global Epoxy Resin Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels, providing an analysis of the latest industry trends and opportunities in each sub-segment from 2021 to 2033. For this study, Grand View Research has segmented the global epoxy resin market report based on application and region:
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Paints & Coatings
- Wind Turbines
- Composites
- Construction
- Electrical & Electronics
- Adhesives
- Others
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation and Data Visualization
- 1.6 Data Validation and Publishing
- 1.7 List of Abbreviations
Chapter 2. Executive Summary
- 2.1 Market Summary
- 2.2 Market Segmental Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Epoxy Resin market Outlook
- 3.2 Penetration & Growth Prospect Mapping, 2023
- 3.3 Buying Criteria
- 3.4 Industry Value Chain Analysis
- 3.4.1 Raw Material Trends
- 3.4.1.1 Epichlorohydrin (ECH)
- 3.4.1.2 Bisphenol A
- 3.4.2 Manufacturing Trends
- 3.4.3 Price Trend analysis, 2021-2033
- 3.4.3.1 Current Scenario
- 3.4.3.2 medium-term
- 3.4.3.3 Long-term
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Increasing demand for paints & coatings from construction and automotive industries
- 3.5.1.2 Growing demand for epoxy-based composites across end-use industries
- 3.5.2 Market Restraint Analysis
- 3.5.2.1 Volatile Raw Material Prices
- 3.5.3 Industrial Opportunity Analysis
- 3.5.4 Industrial Challenge Analysis
- 3.6 Business Environment Analysis: Epoxy Resin Market
- 3.6.1 Porter's Five Force Analysis
- 3.6.2 PESTEL Analysis
Chapter 4. Epoxy Resin Market: Application Estimates & Trend Analysis
- 4.1 Epoxy Resin Market: Application Movement Analysis & Market Share, 2025 & 2033
- 4.2 Paints & Coatings
- 4.2.1 Epoxy Resin market estimates and forecasts, by paints & coatings, 2021 - 2033 (Kilotons) (USD Million)
- 4.3 Wind Turbines
- 4.3.1 Epoxy Resin market estimates and forecasts, by wind turbine, 2021 - 2033 (Kilotons) (USD Million)
- 4.4 Composites
- 4.4.1 Epoxy Resin market estimates and forecasts, by composites, 2021 - 2033 (Kilotons) (USD Million)
- 4.5 Construction
- 4.5.1 Epoxy Resin market estimates and forecasts, by construction, 2021 - 2033 (Kilotons) (USD Million)
- 4.6 Electrical & Electronics
- 4.6.1 Epoxy Resin market estimates and forecasts, by electrical & electronics, 2021 - 2033 (Kilotons) (USD Million)
- 4.7 Adhesives
- 4.7.1 Epoxy Resin market estimates and forecasts, by adhesives, 2021 - 2033 (Kilotons) (USD Million)
- 4.8 Others
- 4.8.1 Epoxy Resin market estimates and forecasts, by other applications, 2021 - 2033 (Kilotons) (USD Million)
Chapter 5. Epoxy Resin Market: Regional Estimates & Trend Analysis
- 5.1 Epoxy Resin Market: Region Movement Analysis & Market Share, 2025 & 2033
- 5.2 North America
- 5.2.1 North America Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.2.2 North America Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.2.3 U.S.
- 5.2.3.1 U.S. Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.2.3.2 U.S. Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.3 Europe
- 5.3.1 Europe Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.2 Europe Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.3 GERMANY
- 5.3.3.1 GERMANY Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.3.2 GERMANY Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.4 FRANCE
- 5.3.4.1 FRANCE Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.4.2 FRANCE Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.5 UK
- 5.3.5.1 UK Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.3.5.2 UK Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.2 Asia Pacific Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.3 China
- 5.4.3.1 China Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.3.2 China Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.4 India
- 5.4.4.1 India Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.4.2 India Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.5 Japan
- 5.4.5.1 Japan Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.5.2 Japan Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.6 Taiwan
- 5.4.6.1 Taiwan Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.6.2 Taiwan Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.7 South Korea
- 5.4.7.1 South Korea Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.4.7.2 South Korea Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.5 Central & South America
- 5.5.1 Central & South America Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.5.2 Central & South America Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Epoxy resin Market estimates and forecasts, 2021 - 2033 (KiloTons) (USD Million)
- 5.6.2 Middle East & Africa Epoxy resin Market estimates and forecasts, by application, 2021 - 2033 (KiloTons) (USD Million)
Chapter 6. Competitive Analysis
- 6.1 Key global players, recent developments carried out by them, and their impact on the industry
- 6.2 Company/competition categorization (key innovators, market leaders, and emerging players)
- 6.3 Vendor Landscape
- 6.3.1 List of key distributors and channel partners
- 6.3.2 List of End-Users
- 6.4 Key Manufacturers Production Capacity, 2020
Chapter 7. Company Profiles
- 7.1 3M
- 7.1.1 Company Overview
- 7.1.2 Financial Performance
- 7.1.3 Product Benchmarking
- 7.2 Aditya Birla Management Corporation Pvt. Ltd.
- 7.2.1 Company overview
- 7.2.1 Product benchmarking
- 7.3 Atul Ltd
- 7.3.1 Company Overview
- 7.3.2 Financial Performance
- 7.3.3 Product benchmarking
- 7.4 BASF SE
- 7.4.1 Company overview
- 7.4.2 Financial performance
- 7.4.3 Product benchmarking
- 7.5 Solvay
- 7.5.1 Company Overview
- 7.5.2 Financial performance
- 7.5.3 Product benchmarking
- 7.5.4 Strategic initiatives
- 7.6 Huntsman International LLC
- 7.6.1 Company Overview
- 7.6.2 Financial performance
- 7.6.3 Product benchmarking
- 7.6.4 Strategic initiatives
- 7.7 KUKDO CHEMICAL CO., LTD.
- 7.7.1 Company overview
- 7.7.2 Financial performance
- 7.7.3 Product Benchmarking
- 7.7.4 Strategic initiatives
- 7.8 Olin Corporation
- 7.8.1 Company overview
- 7.8.2 Financial performance
- 7.8.3 Product Benchmarking
- 7.9 Sika AG
- 7.9.1 Company overview
- 7.9.2 Financial performance
- 7.9.3 Product benchmarking
- 7.9.4 strategic initiatives
- 7.10 NAN YA PLASTICS CORPORATION
- 7.10.1 company overview
- 7.10.2 financial performance
- 7.10.3 Product Benchmarking
- 7.11 Jiangsu Sanmu Group Co., Ltd.
- 7.11.1 Company overview
- 7.11.2 Product benchmarking
- 7.12 Jubail Chemical Industries LLC
- 7.12.1 Company overview
- 7.12.2 Product benchmarking
- 7.13 China Petrochemical & Chemical Corporation (SINOPEC)
- 7.13.1 Company Overview
- 7.13.2 Financial Performance
- 7.13.3 Product benchmarking
- 7.14 Hexion
- 7.14.1 Company Overview
- 7.14.2 Financial Performance
- 7.14.3 Product benchmarking
- 7.14.4 Strategic Initiatives
- 7.15 Kolon Industries, Inc.
- 7.15.1 Company Overview
- 7.15.2 Financial Performance
- 7.15.3 Product benchmarking
- 7.16 Techstorm
- 7.16.1 Company Overview
- 7.16.2 Product benchmarking
- 7.17 NAGASE & CO., LTD.
- 7.17.1 Company Overview
- 7.17.2 Financial Performance
- 7.17.3 Product benchmarking