Covid Impact Epoxy Resin Market is expected to witness growth till USD 12.5 billion with the CAGR of 6% within the forecast period 2020-2027.


The Global Epoxy Resin Market is expected to witness growth till USD 12.5 billion with the CAGR of 6% within the forecast period 2020-2027.

Epoxy resin alternatively termed as the polyepoxide or epoxies is the thermosetting resin having higher flexural strength, tough, superior ability to adhere with excellent thermal and chemical resistance. It also has relatively good electrical properties and low moisture absorption, low shrinkage, and toxicity. The synthesis of the epoxy resin is through the reaction of epichlorohydrin with the polyphenolic compounds, diamines, amino phenols, heterocyclic imides and amides, aliphatic diols or compounds with active hydrogen group. The epoxy resin can be cured easily and are compatible with most substrates, which makes it a preferable option for the composite application. Additional uses include the building of electronic components such as fiber optics and electrical circuit boards. Epoxy resin is used in a range of industries including construction and manufacturing.


Market Driver:

  • Growing Demand in Paints And Coatings

The epoxy resin finds key application in the paints and coating owing to its excellent properties such as higher durability, flexural strength, resistance to corrosion, scratch, and chemicals. These resins are used in the coatings for obtaining higher performance, durability, protection and better aesthetic appeal. Growing use of surface and floor coatings across manufacturing plants, laboratories, concrete industrial floorings drives the demand for epoxy resins. Increasing application of epoxy wall coatings across healthcare facilities, schools, commercial buildings, factories, food preparation and processing rooms for attaining better sanitization, chemical resistance, light reflectivity is further pushing the market growth.

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  • Expanding Application Areas

Epoxy resins are used in varied application areas including transport, packaging, strapping, solar energy, hydropower, decoration, and many others. Superior adhesion, chemical resistance, and other specialized properties. Technological development resulting into development of the newer epoxy resins that results varied in viscosity, processing, curing, and many other parameters creating a new area of application. Thus, wide application areas are witnessing a high growth for the epoxy resin market.

Market Opportunity:

  • Untapped Potential of Bio-based Epoxy Resin

Bio-based epoxy resins are advanced thermosetting resins prepared from plant-based materials or renewable raw materials such as natural oils, natural phenol compounds have attracted manufacturers owing to easy availability and environmentally friendly nature. The market is expected to experience high growth in the forecast owing to higher awareness regarding hazardous effects of the petroleum-based synthetic raw materials contributing immensely in harmful industrial process and environmental issues. Thus, the growing environmental issues and economic concerns pushing the manufacturers and end-user towards investing in the bio-based products may boost the market growth in the near future.s

EPOXY RESIN market: Key segments

  • Segmentation based on form: Solid and Liquid.
  • Segmentation based on type: Bisphenol Epoxy Resins, Aliphatic Epoxy Resins, Novolac Epoxy Resins and Halogenated Epoxy Resins
  • Segmentation based on application: Paints and Coatings, Food & Beverages, Transport, Construction, Consumer Application, Marine and Others
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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KEY Companies Covered

  • Olin Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • PPG Industries, Inc.
  • 3M
  • Huntsman International LLC
  • Olin Corporation
  • Hexion
  • Jiangsu sanmu group Co,Ltd
  • NAN YA Plastics Industrial Co., Ltd
  • Atul Ltd.
  • Other Key Players

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EPOXY RESIN MARKET: report segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Epoxy Resin Market, by Form

  • Solid
  • Liquid

Epoxy Resin Market, by Type

  • Bisphenol Epoxy Resins
  • Aliphatic Epoxy Resins
  • Novolac Epoxy Resins
  • Halogenated Epoxy Resins

Epoxy Resin Market, by Application

  • Paints and Coatings
  • Food & Beverages
  • Transport
  • Construction
  • Consumer Application
  • Marine
  • Others

Epoxy Resin Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Peru
    • Chile
    • Rest of South America

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Table of Content

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Growing Demand in Paints and Coatings
      2. Expanding Application Areas
    3. Restraint
      1. Volatility of Raw Material Price
    4. Opportunities
      1. Untapped Potential of Bio-based Epoxy Resin
    5. Challenges
      1. High Cost Compared to Substitute Resin
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL EPOXY RESIN MARKET BY FORM, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Solid
    3. Liquid
  7. GLOBAL EPOXY RESIN MARKET BY TYPE, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Bisphenol Epoxy Resins
    3. Aliphatic Epoxy Resins
    4. Novolac Epoxy Resins
    5. Halogenated Epoxy Resins
  8. GLOBAL EPOXY RESIN MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Paints and Coatings
    3. Food & Beverages
    4. Transport
    5. Construction
    6. Consumer Application
    7. Marine
    8. Others
  9. GLOBAL EPOXY RESIN MARKET BY REGION, Market Size in USD Million and Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Spain
      6. Russia
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Indonesia
      6. Malaysia
      7. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Israel
      4. South Africa
      5. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Peru
      4. Chile
      5. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1. Olin Corporation
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. BASF SE
    3. PPG Industries, Inc.
    4. 3M
    5. Huntsman International LLC
    6. Olin Corporation
    7. Hexion
    11. Jiangsu sanmu group Co, Ltd
    12. NAN YA Plastics Industrial Co., Ltd
    13. Atul Ltd.
    14. Other Key Players
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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