U.S. Epoxy Resin Market Size & Outlook, 2022-2030
U.S. epoxy resin market, 2019-2030 (US$M)
Related Markets
U.S. epoxy resin market highlights
- The U.S. epoxy resin market generated a revenue of USD 1,580.7 million in 2022 and is expected to reach USD 2,806.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, paints & coatings was the largest revenue generating application in 2022.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
Epoxy resin market data book summary
| Market revenue in 2022 | USD 1,580.7 million |
| Market revenue in 2030 | USD 2,806.4 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Paints & coatings |
| Fastest growing segment | Construction |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints & Coatings, Wind Turbines, Composites, Construction, Electrical & Electronics, Adhesives |
| Key market players worldwide | 3M Co, Aditya Birla Group, Basf SE, Solvay SA, Huntsman Corp, Olin Corp, Sika AG, Nan Ya Plastics, China Petroleum & Chemical Corp Class H, Momentive, Kolon Industries, Nagase & Co Ltd |
Other key industry trends
- In terms of revenue, U.S. accounted for 12.3% of the global epoxy resin market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. epoxy resin market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,806.4 million by 2030.
Paints & coatings was the largest segment with a revenue share of 38.14% in 2022. Horizon Databook has segmented the U.S. 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.
The U.S. dominated the North America epoxy resin market in 2023 and is anticipated to maintain its dominance over the forecast period. Rising demand for epoxy resin for paints & coatings, wind turbines, construction, electrical & electronics, composites, and adhesive applications in the U.S. is expected to drive the market over the forecast period.
The upcoming construction projects include the construction of the South San Francisco Civic Center campus, the O’Hare Airport Construction Project, the LaGuardia Airport Construction Project, and the Second Avenue Subway Construction Project. This is expected to further propel the demand for epoxy resins in paints & coatings and construction applications in the coming years.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Epoxy Resin Market Scope
Epoxy Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. epoxy resin market size, by application, 2019-2030 (US$M)
U.S. Epoxy Resin Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
