Global Epoxy Resin Market Size & Outlook, 2022-2030
Global epoxy resin market, 2019-2030 (US$M)
Related Markets
Global epoxy resin market highlights
- The global epoxy resin market generated a revenue of USD 12,841.3 million in 2022 and is expected to reach USD 20,260.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.9% by 2030.
- In terms of segment, paints & coatings accounted for a revenue of USD 4,806.4 million in 2022.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 12,841.3 million |
| Market revenue in 2030 | USD 20,260.0 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Paints & coatings |
| Fastest growing segment | Construction |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints & Coatings, Wind Turbines, Composites, Construction, Electrical & Electronics, Adhesives |
Other key industry trends
- In terms of revenue, the North America accounted for 14.3% of the global epoxy resin market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 7,745.1 million by 2030.
Paints & coatings was the largest segment with a revenue share of 37.43% in 2022. Horizon Databook has segmented the Global epoxy resin market based on paints & coatings, wind turbines, composites, construction, electrical & electronics, adhesives covering the revenue growth of each sub-segment from 2019 to 2030.
Epoxy resins are mostly used in the production of paints & coatings. The paints & coatings market is dependent on automotive and construction industries, which are directly affected by economic conditions in the world. Stable economic conditions are expected to have a positive impact on the growth of construction and automotive industries globally. This is expected to result in increased demand for paints & coatings.
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Epoxy Resin Market Scope
Epoxy Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global epoxy resin market size, by regions, 2019-2030 (US$M)
Top 10 countries: Epoxy resin market size, 2022 (US$M)
Global epoxy resin market share, by application, 2022 & 2030 (%, US$M)
Epoxy resin market: Opportunity assessment by country
Global epoxy resin market, by region, 2022 (US$M)
Related regional statistics
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