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2025 Epoxy Resin Market Outlook: Key Indicators Shaping Growth Through 2034

11-03-2025 05:18 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Epoxy Resin

Epoxy Resin

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What Will the Epoxy Resin Industry Market Size Be by 2025?
The epoxy resin market expanded strongly, moving from $12.64 billion in 2024 to $13.51 billion in 2025 at a CAGR of 6.9%. This was fueled by construction activity, automotive sector expansion, electronics production, infrastructure projects, and strict environmental standards.

What's the Long-Term Growth Forecast for the Epoxy Resin Market Size Through 2029?
There are strong anticipations for the epoxy resin market size to experience impressive growth in the upcoming years. The market is projected to escalate to $19.37 billion by 2029, reflecting a compound annual growth rate (CAGR) of 9.4%. This predicted growth within the forecasted period is attributed to the advancements in electronics, the use of biocompatible materials, initiatives for a circular economy, globalization lifts, and electric vehicle (EV) boom. The considerable trends during the forecast period include the advent of renewable energy technologies, emerging uptake in the realm of 3D printing, an increased appetite in the wind energy arena, rising admiration for waterborne epoxy resins, and the elevated use in electronics and electrical applications.

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What Are the Key Growth Drivers Fueling the Epoxy Resin Market Expansion?
The growth of the epoxy resin market is set to be driven by an escalating demand from the automotive industry. Epoxy resin is applied in the design, manufacturing, and sales processes of motor vehicles, principally as a paint for vehicle bodies. The longevity of automobiles is greatly enhanced by the use of epoxy resin as a protective layer. To illustrate, according to data from MarkLines - a Japan-based automotive industry consultancy - US auto sales in October 2023 indicated a 2.0% rise compared to the same time period in 2022. New vehicle sales reached a volume of 1,211,141 units in October 2023, reflecting a 2.0% increase from October 2022. Hence, the inflating demand from the automotive sector is boosting the epoxy resin market.

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What Are the Key Trends Driving Epoxy Resin Market Growth?
The ascent of product innovation has become a prominent trend in the epoxy resin market. To solidify their market standing, many major corporations in the epoxy resin sector are prioritizing product innovation. As an example, Hexion Inc., an American chemical manufacturer specializing in chemical materials and performance resins, unveiled two new products in April 2022: EPON LY Resin 1810 and EPIKURE LY Curing Agent 3801. These products are designed to lessen the yellowing effect of epoxy coating on domestic and commercial surfaces, thereby improving performance, curing rate, reducing air emissions, and enhancing surface durability.

How Is the Epoxy Resin Market Segmented?
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

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Which Companies Are Leading the Charge in Epoxy Resin Market Innovation?
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 Are Leading the Global Epoxy Resin Market in Revenue?
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.

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Email: saumyas@tbrc.info

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