The Epoxy Resins Market size is estimated at 3.55 Million tons in 2024, and is expected to reach 4.20 Million tons by 2029, growing at a CAGR of 3.41% during the forecast period (2024-2029).
The market was negatively impacted due to the COVID-19 pandemic in 2020, owing to the pandemic scenario and strict regulations in several countries. It affected various industries such as paints and coatings, adhesives and sealants, electrical and electronics, and others due to supply chain disruptions, work stoppages, and labor shortages. However, the condition normalized, and the market recovered from the pandemic and is growing significantly.
The epoxy resins market is fragmented in nature. The major players (not in any particular order) include Hexion, Olin Corporation, Huntsman International LLC, DuPont, and KUKDO CHEMICAL CO., LTD.
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