Soaring Demand Set to Propel Epoxy Resin Market to $19.93 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Epoxy Resin Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust expansion in the epoxy resin market size throughout the past years. The market is anticipated to increase from $12.64 billion in 2024 to $13.76 billion in 2025, marking a compound annual growth rate (CAGR) of 8.9%. Factors contributing to the growth during the historical period include the surge in construction activities, expansion of the automotive industry, rise in electronics production, infrastructure growth, and strict environmental standards.

Epoxy Resin Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the epoxy resin market is predicted to witness significant expansion. The market is projected to reach a value of $19.93 billion by 2029, progressing at a compound annual growth rate (CAGR) of 9.7%. Factors contributing to this growth during the projected period include advancements in electronics, the use of biocompatible materials, circular economy drives, global trade and globalization, and the rise in electric vehicles (EVs). The forecast period is going to see major trends such as the implementation of renewable energy technologies, rising applications in 3D printing, increased demand in the wind energy sector, growing popularity of waterborne epoxy resins, and broader utilization in electronic and electrical applications.

View the full report here:
https://www.thebusinessresearchcompany.com/report/epoxy-resin-global-market-report

What Are the Drivers Transforming the Epoxy Resin Market?
The epoxy resin market is projected to grow due to the increasing need for epoxy resin in the automotive industry. This industry, which includes the creation, production, and sale of motor vehicles, often employs epoxy resin to paint vehicles' bodies. The use of this resin as a protective covering significantly prolongs the lifespan of vehicles. For example, MarkLines, a Japanese consultancy company with specialization in the automotive sector, reported that in October 2023, vehicle sales in the USA saw a growth of 2.0% from October 2022. The sales volume for new vehicles for October 2023 stood at 1,211,141 units, evidencing a 2.0% rise from October 2022. Consequently, the escalating demand from the automotive sector fuels the growth of the epoxy resin market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7294&type=smp

What Long-Term Trends Will Define the Future of the Epoxy Resin Market?
Product advancement is a growing trend in the epoxy resin market moving forward. Key players in this market are concentrating on product innovation to consolidate their market stance. For example, Hexion Inc., a chemical manufacturing company based in the USA that specializes in developing chemical materials and performance resins, introduced EPON LY Resin 1810 and EPIKURE LY Curing Agent 3801 to their product range in April 2022. These chemicals are employed to reduce epoxy coating yellowing on residential and commercial surfaces, augment performance, promote curing, decrease air emissions, and amplify surface fortitude.

Which Segments in the Epoxy Resin Market Offer the Most Profit Potential?
The epoxy resin market covered in this report is segmented -

1) By Type: DGBEA (Bisphenol A And ECH), DGBEF (Bisphenol F And ECH), Novolac (Formaldehyde And Phenols), Aliphatic (Aliphatic Alcohols), Glycidylamine (Aromatic Amines And ECH), Other Types
2) By Physical Form: Liquid, Solid, Solution
3) By Application: Paints And Coatings, Composites, Adhesives And Sealants, Other Applications
4) By End-User: Building And Construction, Automotive, Large And Heavy Vehicles And Railroads, General Industrial, Consumer Goods, Wind Power, Aerospace, Marine, Other End-Users

Subsegments:
1) By DGBEA (Bisphenol A And ECH): Standard DGBEA, Modified DGBEA
2) By DGBEF (Bisphenol F And ECH): Standard DGBEF, Modified DGBEF
3) By Novolac (Formaldehyde And Phenols): Heat-Resistant Novolac, Flexible Novolac
4) By Aliphatic (Aliphatic Alcohols): Saturated Aliphatic, Unsaturated Aliphatic
5) By Glycidylamine (Aromatic Amines And ECH): Standard Glycidylamine, Modified Glycidylamine
6) By Other Types: Specialty Epoxy Resins, Bio-Based Epoxy Resins

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7294&type=smp

Which Firms Dominate the Epoxy Resin Market by Market Share and Revenue in 2025?
Major companies operating in the epoxy resin market include China Petroleum & Chemical Corporation (Sinopec), Badische Anilin- und Sodafabrik, The Dow Chemical Company, Mitsubishi Chemical Corporation, Minnesota Mining and Manufacturing Company, Evonik Industries AG, Covestro AG, Westlake Epoxy LLC, DuPont de Nemours Inc., NAN YA PLASTICS CORPORATION, Solvay S.A., Sika AG, Olin Corporation, Huntsman International LLC, Atul Ltd, Daicel Corporation, Hexion Inc., Ashland Global Holdings Inc., Jiangsu Sanmu Group Co. Ltd., Allnex Belgium SA/NV, NAMA Chemicals, Kukdo Chemical Co. Ltd., Magnolia Epoxy, Mapei S.p.A., DIC India Limited, SPOLCHEMIE - Chemické závody a.s., Kemipex FZE, Aditya Birla Chemicals (India) Limited, Scott Bader Company Ltd., Chang Chun Plastics Co. Ltd., Aliancys AG

Which Regions Offer the Highest Growth Potential in the Epoxy Resin Market?
Asia-Pacific was the largest region in the epoxy resin market in 2024. The regions covered in the epoxy resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7294

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.