Epoxy Resin Market Size, Share, and Growth Analysis 2031
The epoxy resin market has seen remarkable growth in recent years, driven by its diverse applications in industries such as automotive, construction, electronics, and aerospace. Epoxy resins are widely valued for their strong adhesive properties, excellent electrical insulation, resistance to chemicals, and durability. These properties have made epoxy resins a vital component in various products, including coatings, adhesives, composite materials, and encapsulating materials. As industries continue to innovate and demand higher-quality materials, the global epoxy resin market is poised for continued expansion in the coming years. The global epoxy resin market size was valued at USD 12.1 billion in 2023 and is expected to grow at a CAGR of 5.1% from 2024 to 2031. By the end of this forecast period, the market is expected to reach over USD 18.0 billion , fueled by increasing demand from end-user industries, technological advancements, and the growing trend of sustainability and eco-...