How big is the epoxy resin market, and what is its growth forecast? #39
Description
The global epoxy resin market is witnessing steady growth due to increasing demand from industries such as construction, automotive, electronics, and coatings. Epoxy resin is widely used for its strong adhesive properties, chemical resistance, and durability, making it a preferred material in multiple applications. Technological innovations and new formulations are also driving adoption across various sectors.
According to Expert Market Research, the market attained a value of about USD 7.18 Billion in 2024. It is expected to grow at a CAGR of 6.40% between 2025 and 2034, reaching nearly USD 13.35 Billion by 2034.
The growth is further supported by increasing focus on sustainable and high-performance materials and expanding applications in emerging sectors. With rising awareness about quality and durability in industrial and consumer products, the epoxy resin market is poised for significant expansion in the coming decade.