The Flexible Epoxy Resin Market was valued at USD 674.3 million in 2024, and is projected to reach USD 920.9 million by 2030, rising at a CAGR of 5.60%. The flexible epoxy resin industry is experiencing growth driven primarily by increasing demand from the automotive and aerospace industries. These sectors utilize flexible epoxy resins for their superior bonding properties, chemical resistance, and ability to withstand dynamic loads and vibrations. The material's capacity to bond dissimilar materials while maintaining flexibility makes it particularly valuable in modern lightweight vehicle construction and advanced aerospace applications.
The construction and electronics industries represent another significant growth driver for the flexible epoxy resin industry. In construction, these materials are increasingly used in flooring, coatings, and adhesives due to their durability and ability to accommodate structural movement without cracking. The electronics sector relies on flexible epoxy resins for encapsulation and protection of sensitive components, particularly in response to the growing demand for smaller, more flexible electronic devices and the expansion of the Internet of Things (IoT) ecosystem.
Environmental regulations and sustainability concerns are reshaping the market landscape, pushing manufacturers to develop bio-based and low-VOC flexible epoxy resins. This trend is particularly strong in developed regions such as North America and Europe, where stringent environmental regulations are in place. Manufacturers are investing in research and development to create more environmentally friendly formulations while maintaining or improving performance characteristics, leading to innovations in raw material sourcing and production processes.
The Asia-Pacific region has emerged as the fastest-growing market for flexible epoxy resins, driven by rapid industrialization, infrastructure development, and the expansion of manufacturing capabilities in countries such as China and India. The region's growing automotive production, burgeoning electronics industry, and increasing construction activities are creating substantial demand for flexible epoxy resins.
This product will be delivered within 1-3 business days.
The construction and electronics industries represent another significant growth driver for the flexible epoxy resin industry. In construction, these materials are increasingly used in flooring, coatings, and adhesives due to their durability and ability to accommodate structural movement without cracking. The electronics sector relies on flexible epoxy resins for encapsulation and protection of sensitive components, particularly in response to the growing demand for smaller, more flexible electronic devices and the expansion of the Internet of Things (IoT) ecosystem.
Environmental regulations and sustainability concerns are reshaping the market landscape, pushing manufacturers to develop bio-based and low-VOC flexible epoxy resins. This trend is particularly strong in developed regions such as North America and Europe, where stringent environmental regulations are in place. Manufacturers are investing in research and development to create more environmentally friendly formulations while maintaining or improving performance characteristics, leading to innovations in raw material sourcing and production processes.
The Asia-Pacific region has emerged as the fastest-growing market for flexible epoxy resins, driven by rapid industrialization, infrastructure development, and the expansion of manufacturing capabilities in countries such as China and India. The region's growing automotive production, burgeoning electronics industry, and increasing construction activities are creating substantial demand for flexible epoxy resins.
Flexible Epoxy Resin Market Report Highlights
- The urethane modified segment led the market with the largest revenue share of 56.70% in 2024. The rubber modified product type segment is expected to grow at the fastest CAGR of 5.7% during the forecast period.
- Based on application, the paints and coatings segment dominated the market with the largest revenue share of 33.46% in 2024. The electrical and electronics segment is expected to grow at the fastest CAGR of 6.5% over the forecast period.
- In October 2024, Evonik, a U.S. based specialty chemicals company, launched two new polyamide-based epoxy curing agents, Ancamide 2853 and Ancamide 2865, specifically for the Americas market. These innovative products aim to enhance flexibility, strength, and environmental safety in the coatings industry. Notably, both curing agents are nonylphenol-free and contain 20% to 40% bio-based materials, aligning with increasing regulatory demands for safer and more eco-friendly solutions.
This report addresses:
- Market intelligence to enable effective decision-making.
- Market estimates and forecasts from 2018 to 2030.
- Growth opportunities and trend analyses.
- Segment and regional revenue forecasts for market assessment.
- Competition strategy and market share analysis.
- Product innovation listings for you to stay ahead of the curve.
- COVID-19's impact and how to sustain in this fast-evolving market.
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Global Flexible Epoxy Resin Market Variables, Trends, and Scope
Chapter 4. Global Flexible Epoxy Resin Market: Product Type Estimates & Trend Analysis
Chapter 5. Global Flexible Epoxy Resin Market: Application Estimates & Trend Analysis
Chapter 6. Global Flexible Epoxy Resin Market: Region Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Chapter 8. Company Listing (Overview, Financial Performance, Products Overview)
List of Tables
List of Figures
Companies Mentioned
The major companies profiled in this Flexible Epoxy Resin market report include:- Conren Limited
- DIC Corporation
- Dow
- Easy Composites
- EPOXONIC
- Hexion
- INTERTRONICS
- KUKDO Chemical (Kunshan) Co., Ltd.
- LymTal International, Inc.
- Mereco Technologies
- Nan Ya Plastic Corporation
- Olin Corporation
- Resintech Limited
- Sicomin Epoxy Systems
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 674.3 Million |
Forecasted Market Value ( USD | $ 920.9 Million |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |