The India Epoxy Resins Market size is estimated at 172 kilotons in 2024, and is expected to reach 251.57 kilotons by 2029, growing at a CAGR of 7.90% during the forecast period (2024-2029).
During the pandemic period due to COVID-19, the market was deeply impacted because of nationwide lockdown, stringent social distancing mandates, and supply chain disruptions. This led to a temporary halt in the production and manufacturing of different products such as paints and coatings, adhesives and sealants, etc., in which epoxy resins are required. However, the market's growth is picking pace because of the government's support to various manufacturing industries in the post-pandemic period.
The Indian epoxy resins market is partially fragmented, with the presence of various players in the market. A few major companies in India's epoxy resins market (not in a particular order) include Aditya Birla Chemicals, Atul Ltd., KUKDO CHEMICAL Co. Ltd, Hexion, and Huntsman International LLC, among others.
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