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

  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  19. Introduction
  20. Drivers
  21. Growing Demand in Paints and Coatings
  22. Expanding Application Areas
  23. Restraint
  24. Volatility of Raw Material Price
  25. Opportunities
  26. Untapped Potential of Bio-based Epoxy Resin
  27. Challenges
  28. High Cost Compared to Substitute Resin
  30. Introduction
  31. Power of Buyers
  32. Power of Suppliers
  33. Intensity of Competition
  34. Challenges of Substitutes
  35. Challenges of New Entrants
  36. Macro-Economic Indicators
  37. GLOBAL EPOXY RESIN MARKET BY FORM, Market Size in USD Million and Kiloton (2019–2027)
  38. Introduction
  39. Solid
  40. Liquid
  41. GLOBAL EPOXY RESIN MARKET BY TYPE, Market Size in USD Million and Kiloton (2019–2027)
  42. Introduction
  43. Bisphenol Epoxy Resins
  44. Aliphatic Epoxy Resins
  45. Novolac Epoxy Resins
  46. Halogenated Epoxy Resins
  47. GLOBAL EPOXY RESIN MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019–2027)
  48. Introduction
  49. Paints and Coatings
  50. Food & Beverages
  51. Transport
  52. Construction
  53. Consumer Application
  54. Marine
  55. Others
  56. GLOBAL EPOXY RESIN MARKET BY REGION, Market Size in USD Million and Kiloton (2019–2027)
  57. North America
  58. US
  59. Canada
  60. Mexico
  61. Europe
  62. Germany
  63. UK
  64. France
  65. Italy
  66. Spain
  67. Russia
  68. Rest of Europe
  69. Asia-Pacific
  70. China
  71. India
  72. Japan
  73. South Korea
  74. Indonesia
  75. Malaysia
  76. Rest of Asia-Pacific
  77. Middle East and Africa
  78. Saudi Arabia
  79. UAE
  80. Israel
  81. South Africa
  82. Rest of Middle East and Africa
  83. South America
  84. Brazil
  85. Argentina
  86. Peru
  87. Chile
  88. Rest of South America
  90. Introduction
  91. Market Ranking/Share Analysis of Key Companies
  92. Company Benchmarking
  94. Olin Corporation
  95. Company Overview
  96. Financial Overview
  97. Products/Solutions/Services Offered
  98. Key Developments
  99. SWOT Analysis
  100. BASF SE
  101. PPG Industries, Inc.
  102. 3M
  103. Huntsman International LLC
  104. Olin Corporation
  105. Hexion
  109. Jiangsu sanmu group Co, Ltd
  110. NAN YA Plastics Industrial Co., Ltd
  111. Atul Ltd.
  112. Other Key Players
  114. Key Industry Expert Insights
  115. Primary Discussion Guide
  116. Customization Options

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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