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Epoxy Market Size, Share and Forecast 2026-2036

The global epoxy market is worth USD 12.6 bn in 2026 and is forecast to reach USD 20.9 bn by 2036, growing at a 5.2% CAGR. China is the largest country market and Liquid epoxy resins is the largest by type segment.

USD 12.6 bnMarket size 2026
USD 20.9 bnForecast 2036
5.2%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global epoxy market is worth USD 12.6 bn in 2026 and is forecast to reach USD 20.9 bn by 2036, growing at a 5.2% CAGR. China is the largest country market and Liquid epoxy resins is the largest by type segment.

ScopeEpoxy resins, hardeners and formulated epoxy systems sold worldwide for coatings, composites, adhesives, electronics and flooring.
IndustryChemicals and Materials
Value 2025USD 12.0 bn
Value 2026USD 12.6 bn
Value 2036USD 20.9 bn
CAGR 2026-20365.2%
Volume 20263,743 thousand tonnes
Volume 20365,625 thousand tonnes
Average price 2026USD 3,367 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Epoxy market size and forecast, 2026-2036

Exhibit 1The global epoxy market is forecast to grow from USD 12.6 bn in 2026 to USD 20.9 bn by 2036, a rise of 66%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.2%
Epoxy market value, 2025 to 2036Market value by year. 2025: USD 12.0 bn; 2026: USD 12.6 bn; 2027: USD 13.3 bn; 2028: USD 13.9 bn; 2029: USD 14.7 bn; 2030: USD 15.4 bn; 2031: USD 16.2 bn; 2032: USD 17.1 bn; 2033: USD 18.0 bn; 2034: USD 18.9 bn; 2035: USD 19.9 bn; 2036: USD 20.9 bn. Compound annual growth rate 2026 to 2036: 5.2%.202512.6 bn202616.2 bn203120.9 bn20365.2% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 12.6 bn
2027USD 13.3 bn
2028USD 13.9 bn
2029USD 14.7 bn
2030USD 15.4 bn
2031USD 16.2 bn
2032USD 17.1 bn
2033USD 18.0 bn
2034USD 18.9 bn
2035USD 19.9 bn
2036USD 20.9 bn

Epoxy market segmentation

By type

Exhibit 2Liquid epoxy resins is the largest segment by type, with 55.0% of 2026 revenueEstimated share of 2026 global revenue, by type
Epoxy market share by type, 2026Share of 2026 revenue by type. Liquid epoxy resins: 55.0%; Solid epoxy resins: 15.0%; Hardeners and curing agents: 15.0%; Specialty and novolac resins: 15.0%.Liquid epoxy resins55.0%Solid epoxy resins15.0%Hardeners and curing agents15.0%Specialty and novolac resins15.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Liquid epoxy resins55.0%52.9%USD 6.9 bn4.8%
Solid epoxy resins15.0%13.8%USD 1.9 bn4.3%
Hardeners and curing agents15.0%15.9%USD 1.9 bn5.8%
Specialty and novolac resins15.0%17.4%USD 1.9 bn6.8%

By application

Exhibit 3Paints and coatings adds the most revenue by application, growing from USD 5.0 bn in 2026 to USD 8.2 bn by 2036Estimated revenue in USD by application, 2026 and 2036 forecast
Epoxy market by application, 2026 and 2036Revenue by application in 2026 and 2036. Paints and coatings: USD 5.0 bn in 2026, USD 8.2 bn in 2036, change +63%; Composites: USD 2.3 bn in 2026, USD 4.2 bn in 2036, change +84%; Electrical and electronics: USD 2.0 bn in 2026, USD 3.4 bn in 2036, change +68%; Adhesives: USD 1.8 bn in 2026, USD 2.8 bn in 2036, change +60%; Construction flooring: USD 1.0 bn in 2026, USD 1.6 bn in 2036, change +60%; Other: USD 504 mn in 2026, USD 732 mn in 2036, change +45%.20262036 forecastChangePaints and coatings+63%5.0 bn8.2 bnComposites+84%2.3 bn4.2 bnElectrical and electronics+68%2.0 bn3.4 bnAdhesives+60%1.8 bn2.8 bnConstruction flooring+60%1.0 bn1.6 bnOther+45%504 mn732 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Paints and coatings40.0%39.2%USD 5.0 bn5.0%
Composites18.0%20.0%USD 2.3 bn6.3%
Adhesives14.0%13.5%USD 1.8 bn4.8%
Electrical and electronics16.0%16.1%USD 2.0 bn5.3%
Construction flooring8.0%7.7%USD 1.0 bn4.8%
Other4.0%3.5%USD 504 mn3.8%

By form

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Liquid resin58.0%54.0%USD 7.3 bn4.5%
Solid resin20.0%19.0%USD 2.5 bn4.7%
Solution and waterborne14.0%17.0%USD 1.8 bn7.3%
Powder and film8.0%10.0%USD 1.0 bn7.6%

By end use industry

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Paints and coatings36.0%34.0%USD 4.5 bn4.6%
Wind energy and composites20.0%24.0%USD 2.5 bn7.1%
Electrical and electronics18.0%18.0%USD 2.3 bn5.2%
Construction and adhesives16.0%14.0%USD 2.0 bn3.8%
Transportation10.0%10.0%USD 1.3 bn5.2%

By curing agent

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Amines42.0%40.0%USD 5.3 bn4.7%
Anhydrides17.0%17.0%USD 2.1 bn5.2%
Phenolics13.0%13.0%USD 1.6 bn5.2%
Polyamides14.0%14.0%USD 1.8 bn5.2%
Catalytic and UV systems14.0%16.0%USD 1.8 bn6.6%

Top 25 countries for epoxy by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 79.3% of 2026 revenue and the 25 countries below together hold 96.0%.

Exhibit 4China is the largest country market at USD 5.0 bn in 2026, and the three largest countries hold 56.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Epoxy market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 5.0 bn, 40.0%; United States: USD 1.4 bn, 11.0%; Japan: USD 630 mn, 5.0%; Germany: USD 630 mn, 5.0%; South Korea: USD 630 mn, 5.0%; India: USD 504 mn, 4.0%; Taiwan: USD 441 mn, 3.5%; Italy: USD 252 mn, 2.0%; France: USD 252 mn, 2.0%; Brazil: USD 227 mn, 1.8%.China5.0 bn 40.0%United States1.4 bn 11.0%Japan630 mn 5.0%Germany630 mn 5.0%South Korea630 mn 5.0%India504 mn 4.0%Taiwan441 mn 3.5%Italy252 mn 2.0%France252 mn 2.0%Brazil227 mn 1.8%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 5.0 bn40.0%USD 8.7 bn5.6%
2United StatesUSD 1.4 bn11.0%USD 2.3 bn5.1%
3JapanUSD 630 mn5.0%USD 858 mn3.1%
4GermanyUSD 630 mn5.0%USD 899 mn3.6%
5South KoreaUSD 630 mn5.0%USD 1.0 bn5.0%
6IndiaUSD 504 mn4.0%USD 1.1 bn8.0%
7TaiwanUSD 441 mn3.5%USD 732 mn5.2%
8ItalyUSD 252 mn2.0%USD 356 mn3.5%
9FranceUSD 252 mn2.0%USD 356 mn3.5%
10BrazilUSD 227 mn1.8%USD 397 mn5.8%
11ThailandUSD 220 mn1.8%USD 512 mn8.8%
12MalaysiaUSD 220 mn1.8%USD 381 mn5.6%
13TurkeyUSD 195 mn1.6%USD 310 mn4.7%
14MexicoUSD 171 mn1.4%USD 284 mn5.2%
15SpainUSD 155 mn1.2%USD 222 mn3.6%
16NetherlandsUSD 142 mn1.1%USD 205 mn3.7%
17PolandUSD 134 mn1.1%USD 211 mn4.7%
18CanadaUSD 125 mn1.0%USD 180 mn3.7%
19Saudi ArabiaUSD 118 mn0.9%USD 201 mn5.4%
20IndonesiaUSD 113 mn0.9%USD 197 mn5.7%
21VietnamUSD 108 mn0.9%USD 197 mn6.1%
22BelgiumUSD 105 mn0.8%USD 144 mn3.3%
23AustraliaUSD 101 mn0.8%USD 153 mn4.2%
24SwitzerlandUSD 97 mn0.8%USD 140 mn3.8%
25RussiaUSD 94 mn0.8%USD 132 mn3.4%
Rest of worldUSD 508 mn4.0%USD 799 mn4.6%
Exhibit 5China and United States account for 54% of the USD 8.3 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Epoxy market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 12.6 bn. China: +USD 3.6 bn; United States: +USD 894 mn; India: +USD 584 mn; South Korea: +USD 395 mn; Thailand: +USD 292 mn; 20 other countries: +USD 2.2 bn; Rest of world: +USD 291 mn. Market value 2036: USD 20.9 bn.Market value 202612.6 bnChina+3.6 bnUnited States+894 mnIndia+584 mnSouth Korea+395 mnThailand+292 mn20 other countries+2.2 bnRest of world+291 mnMarket value 203620.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Olin
  • Hexion
  • Huntsman
  • Nan Ya Plastics
  • Kukdo Chemical
  • Westlake
  • Chang Chun Group
  • DIC Corporation
  • Nippon Steel Chemical & Material
  • Kingboard Chemical

Group 2: Regional and specialist players

  • Mitsubishi Chemical
  • Evonik
  • Sika
  • Aditya Birla Chemicals
  • Sinopec Baling Petrochemical
  • Sanmu Group
  • Nantong Xingchen Synthetic Material
  • Kolon Industries

Group 3: Emerging and niche players

  • Atul
  • Spolchemie
  • Gabriel Performance Products
  • Cardolite
  • Sicomin
  • Entropy Resins
  • Pacific Epoxy Polymers

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the epoxy market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.2% is calculated from the resulting values.

The market is divided by type, by application, by form, by end use industry, by curing agent. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the epoxy market?

The global epoxy market is estimated at USD 12.0 bn in 2025 and USD 12.6 bn in 2026.

How fast will the epoxy market grow?

It is forecast to reach USD 20.9 bn by 2036, a compound annual growth rate of 5.2% from 2026, an increase of USD 8.3 bn.

Which country is the largest market for epoxy?

China is the largest market by revenue at USD 5.0 bn in 2026, 40.0% of the global total. The three largest countries together hold 56.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 8.0% a year from 2026 to 2036.

Which epoxy segment is largest?

In the by type split, Liquid epoxy resins is the largest segment with 55.0% of 2026 revenue.

Who are the leading epoxy companies?

Global leaders include Olin, Hexion, Huntsman, Nan Ya Plastics.

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