Epoxy Resin Market worth $20.31 billion by 2030, at 6.6%, says MarketsandMarkets™

Delray Beach, FL, July 23, 2025 (GLOBE NEWSWIRE) -- In terms of value, the Epoxy Resin Market is expected to reach USD 20.31 billion by 2030 from USD 14.77 billion in 2025, at a CAGR of 6.6%, as per the recent study by MarketsandMarkets™. The global epoxy resin market is expected to grow rapidly in the coming years due to the growing application of epoxy resin in various end-use industries, such as building & construction, automotive, general industrial, consumer goods, wind energy, aerospace/aircraft, and marine. The market is also expected to benefit from new advancements in the epoxy resin market.

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Browse in-depth TOC on “Epoxy Resin Market”

254 - Market Data Tables
58 – Figures
246 - Pages

List of Key Players in Epoxy Resin Market:   

1. Sinopec Corporation (China),
2. 3M (US),
3. Westlake Epoxy (US),
4. DIC Corporation (Japan),
5. Olin Corporation (US),
6. Huntsman Corporation (US),
7. Nan Ya Plastics Corporation (Taiwan),
8. Kukdo Chemical Co., Ltd. (South Korea),
9. Aditya Birla Chemicals (India),
10. Mitsubishi Chemical Group Corporation (Japan),
11. BASF SE (Germany)

Drivers, Opportunities and Challenges in Epoxy Resin Market:

1. Drivers: Technological advancements in epoxy resin market
2. Restraint: Workplace safety concerns during resin processing
3. Opportunity: Increasing applications in electrical & electronics
4. Challenge: Availability of competitive substitute materials

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Key Findings of the Study:

1. The liquid form segment is projected to register the fastest CAGR in terms of value during the forecast period.
2. The composites segment will register the highest CAGR in the epoxy resin market in terms of value during the forecast period.
3. The automotive industry is expected to register the highest CAGR in terms of value during the forecast period.
4. The Asia Pacific region is expected to register the fastest CAGR in terms of both value and volume during the forecast period.

Based on physical form, the epoxy resin market has been segmented into liquid, solid, and solution. Solid form is the second-largest market for epoxy resin. When the liquid epoxy resin and hardener are mixed together and allowed to cure, the epoxy resin transforms from a liquid to a solid state. The solid epoxy resin market is driven by its wide use in applications such as composites, electrical laminates, powder coatings, and adhesives. The increasing demand for lightweight materials, high-performance composites, and electrical insulation materials supports the growth of solid epoxy resin. This resin provides excellent mechanical strength, heat resistance, chemical resistance, and adhesion properties once cured. Solid epoxy resin is favored in applications requiring high mechanical performance and dimensional stability required.

Based on applications, the epoxy resin market is segmented into paints & coatings, composites, adhesives & sealants, and other applications. Adhesives & sealants is the third-largest application segment. Epoxy-based adhesives and sealants are widely used for bonding and sealing various materials, providing strong and durable connections. These are typically applied in automotive assembly, metal bonding, composite component bonding, and windshield bonding. They have applications in multiple industries for structural bonding applications, metal fabrication, and electronic assembly. Epoxy adhesives are critical for bonding advanced composite structures and components in aerospace manufacturing. They are also necessary for manufacturing wind turbine blades, which are subject to high-stress loads and where persistence is required to ensure a strong bond that lasts for many years. Epoxy sealants are used to seal joints and seams in marine structures to resist water and saltwater.

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Based on the end-use industry, the epoxy resin market has been segmented into building & construction, automotive, general industrial, consumer goods, wind energy, aerospace/aircraft, marine, and other end-use industries. The general industrial segment is the third-largest end-use industry. The general industrial sector includes a variety of subsegments, such as electrical & electronics, tooling, packaging, textiles, and machinery that utilize epoxy resins in many different ways. Epoxy resins provide electrical insulation, chemical resistance, and strength—properties that are essential for various industrial uses. The general industrial sector is being propelled by advancements in technology, industrial automation, and demand for high-performance materials. The market trends indicate a sustained increase in the use of epoxy resins across various applications, including electrical components, circuit boards, protective coatings, and industrial adhesives. As industries continue to prioritize performance improvements, miniaturization, and reliability, the demand for epoxy resin is expected to grow further.

Based on region, the North American epoxy resin market is witnessing steady growth. The region accounted for the third-largest market share in 2024. Europe has a strong foundation in pharmaceutical innovation, specialty chemicals, and sustainable chemical manufacturing practices. The region is home to several leading chemical companies based in countries like the US, Canada, and Mexico. The construction industry frequently utilizes these resins in epoxy-based coatings as flooring systems to protect surfaces and provide increased performance. North America has an epoxy resin market based on its developed industrial sectors and increasing focus on research & development. The demand for epoxy resins is expected to experience steady growth in the region, resulting from a well-established building & construction industry and a connected automotive industry. Additionally, the aerospace and marine industries help to drive demand for epoxy resins in niche applications.

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