Epoxy Resin Companies

The epoxy resin market is projected to grow from USD 14.77 billion in 2025 to USD 20.31 billion by 2030, at a CAGR of 6.6% during the forecast period.

The market growth is driven by various factors, including the significant demand from end-use industries such as building & construction, automotive, general industrial, consumer goods, wind energy, aerospace/aircraft, and marine. The key global players in the epoxy resin market, such as Sinopec Corporation (China), 3M (US), Westlake Epoxy (US), DIC Corporation (Japan), and Olin Corporation (US) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches and expansions.

Epoxy Resin Companies

The major players active in the epoxy resin market are based in North America, Europe, and the Asia Pacific regions. Sinopec Corporation (China), 3M (US), Westlake Epoxy (US), DIC Corporation (Japan), Olin Corporation (US), Huntsman Corporation (US), Nan Ya Plastics Corporation (Taiwan), Kukdo Chemical Co., Ltd. (South Korea), Aditya Birla Chemicals (India), Mitsubishi Chemical Group Corporation (Japan), and BASF SE (Germany) are among a few leading players operating in the epoxy resin market. Significant attention has been dedicated to developing cost-effective manufacturing technology in the epoxy resin market to meet evolving global demands. Key players have implemented various growth strategies to solidify their market position. These strategies encompass deals, mergers and acquisitions, investments, and expansions, all aimed at enhancing their presence in the epoxy resin market.

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3M (US)

3M Company, commonly known as 3M, is a diversified company that operates in multiple sectors, including healthcare, industrial, safety and graphics, consumer, and electronics. Safety & Industrial, Transportation & Electronics, Health Care, and Consumer are the company’s various business segments. The Safety & Industrial segment includes epoxy resin products. The company is known for its innovative solutions and technologies across various industries. It is involved in the production and supply of epoxy resins and adhesives. Epoxy resins manufactured by 3M are used in various applications, including coatings, adhesives, sealants, composites, and electronic materials. The company offers a range of epoxy-based products designed to meet the specific needs of different industries and applications. 3M’s US operations are anchored in St. Paul, Minnesota, which houses its general offices, corporate research labs, and select divisional laboratories. Domestically, the company runs 51 manufacturing facilities across 26 states, while internationally, it operates 65 manufacturing and converting facilities in 25 countries, supporting its global reach and production capabilities.

OLIN CORPORATION (US)

Olin Corporation is one of the key players in the epoxy resin market. The company operates through various business segments, such as Chlor Alkali Products & Vinyls, Epoxy, and Winchester. It provides epoxy resins, curing agents, modifiers, and specialty products that cater to various industries and applications such as construction, automotive, and civil engineering. Olin’s epoxy resin portfolio includes both liquid and solid epoxy resins, offering different formulations to meet the specific needs of customers. Olin Corporation expanded its presence in the epoxy resin market in 2015 by acquiring Dow Chemical’s global epoxy business, including its upstream and downstream operations. The company has a strong presence in the epoxy resin market. It serves customers globally, providing epoxy resin solutions to industries such as coatings, adhesives, electrical and electronics, construction, and composites. Olin’s global reach enables it to meet the demand of customers in different regions and strengthen its position in the epoxy resin market.

WESTLAKE EPOXY (US)

Westlake Chemical Corporation has acquired the global epoxy business of Epoxy Inc. The acquired epoxy business, now known as Westlake Epoxy, is headquartered in Rotterdam, the Netherlands, and enjoys a strong reputation as a leader in the industry. Westlake’s epoxy resin products find application in various industries, contributing to the manufacturing of essential consumer goods. Its epoxy resins are utilized in food packaging, medical devices, soaps and detergents, car interiors, fashion, toys, shoes, furniture, electronics, siding, stone veneer, windows, outdoor living products, roofing, and pipe & fittings. These materials serve as critical components that improve the quality and functionality of these end products.

Kukdo Chemical Co., Ltd. (South Korea)

Kukdo Chemical Co., Ltd. has established itself as a global leader in the production and distribution of epoxy resins and related products, serving various industries with high-quality solutions. The company operates under different business segments, namely, Epoxy, Hardeners, Composites Systems, Polyurethane, Electrical & Electronics Materials, Advanced Materials, Acrylate, and Reactive Diluent. Epoxy resins are a core component of its product portfolio, offering a wide range of options for different applications. The company’s epoxy resins find extensive use in industries such as paints & coatings, adhesives & sealants, composites, and electrical laminates. These resins provide excellent adhesion, chemical resistance, mechanical strength, and durability, meeting the demanding requirements of diverse end-use industries. Kukdo Chemical has established manufacturing and marketing subsidiaries in China, India, the US, and Germany, along with warehouse facilities across North America and Europe. This global footprint enables the company to efficiently serve customers across the Asia Pacific, Europe, and North America. Its diverse customer base spans key industries such as automotive, electronics, construction, and marine, ensuring broad market reach and responsiveness to regional demands.

DIC Corporation (Japan)

DIC Corporation is a global chemical company with a rich history and diverse portfolio of products and services. Founded in 1908, the company has evolved into a leading player in the chemical industry, offering a wide range of solutions to various sectors, including printing inks, pigments, polymers, and specialty chemicals. DIC Corporation operates through multiple business segments, namely, Packaging & Graphics, Colour & Display, Functional Products, and Others. The Functional Products segment encompasses epoxy resins. Epoxy resins are an important product offering of DIC Corporation and find applications in various industries, such as coatings, adhesives, electrical and electronic components, automotive, aerospace, and construction. The company has built a strong global presence across Asia, Europe, North America, and other regions, effectively serving local markets through a well-established network of manufacturing facilities, sales offices, and distribution channels.

Albemarle Corporation (US)

Albemarle Corporation is a global specialty chemicals company that operates across three main business segments: Energy Storage, Specialties, and Ketjen. The company provides epoxy resin through its Energy Storage segment. The Energy Storage segment specializes in the development and manufacturing of key lithium compounds such as lithium carbonate, lithium hydroxide, and lithium chloride, which are critical to applications ranging from EV batteries and renewable energy storage to specialty glass and life sciences. The company remains focused on expanding innovative applications, including those aligned with Grignard reagent-based synthesis in fine chemical and pharmaceutical manufacturing. The company has 25 production and R&D facilities and 1900+ customers in approximately 70 countries. The company operates in North America, South America, Asia Pacific, the Middle East & Africa, and Europe.

WeylChem International GmbH (Germany)

WeylChem International GmbH is a fine and specialty chemicals platform of the International Chemical Investors Group (ICIG), a global leader in custom manufacturing and advanced intermediates. The company operates two primary business segments: Custom Manufacturing and Advanced Intermediates. The Custom Manufacturing segment, which encompasses the production of epoxy resin, focuses on manufacturing advanced intermediates and reagents for industries such as pharmaceuticals, agrochemicals, and specialty chemicals. Epoxy resin, critical for carbon-carbon bond formation in organic synthesis, is primarily manufactured at WeylChem US Inc. in Elgin, South Carolina, where the company specializes in Grignard chemistry alongside other complex chemical processes. WeylChem’s global operations span Germany (Frankfurt, Griesheim, Höchst, and Bitterfeld-Wolfen), France (Lamotte), Italy, and the US, with sales and marketing coordinated through WeylChem International GmbH in Frankfurt.

EPOXY RESIN MARKET: COMPANY EVALUATION MATRIX

The company evaluation matrix, in the context of the epoxy resin market, categorizes companies based on their product offerings, developments, and business strategies. This classification helps assess a company’s market position and its potential for future growth. The matrix typically divides companies into four categories: Stars, Pervasive Players, Participants, and Emerging Leaders. Stars lead through innovation and scale, Pervasive Players maintain strong market positions, but with less aggressive growth, Participants focus on niches and have slower growth, and Emerging Leaders are rising stars with the potential to disrupt the industry. Merck KGaA, a global leader in the field of chemicals, is undeniably a star player in the epoxy resin market. With a long history of innovation, a strong presence in the market, and a focus on new technologies, it has become one of the leading manufacturers of epoxy resin used in industries like pharmaceutical & biotechnology, agriculture, chemicals, flavors & fragrances, research, and others.

EPOXY RESIN MARKET: MARKET RANKING

The ranking of companies in the epoxy resin market is based on several key factors that reflect their market position, capabilities, and overall contribution to the industry. The top five players in the epoxy resin market have been identified based on their revenue, market share, product offerings, production capacity, innovation, technological advancements, geographical presence, strategic partnerships, financial performance, and sustainability efforts. These key players continue to lead the epoxy resin market by maintaining a competitive edge and delivering high-quality epoxy resin to various end-use industries. Major players operating in the market include Merck KGaA (Germany), Albemarle Corporation (US), WeylChem International GmbH (Germany), HOKKO CHEMICAL INDUSTRY CO., LTD. (Japan), CHEMIUM srl (Belgium), FAR Chemical (US), PMC Group, Inc. (US), Boulder Scientific Group (US), Neogen Chemicals Ltd. (India), Tokyo Chemical Industry (India) Pvt. Ltd. (India), Optima Chem (US), Shaoxing Shangyu Hualun Chemical Co., Ltd. (China), Nanjing Freehoo Chemical Technology Co., Ltd (China), Chemische Fabrik Karl Bucher GmbH (Germany), Jiangsu Changjili New Energy Technology Co., Ltd. (China), NINGBO INNO PHARMCHEM CO., LTD. (China), Avantor, Inc. (US), Aladdin Scientific Corp (US), J&K Scientific Ltd. (China), American Elements (US), Shree Ganesh Remedies Limited (SGRL, India), Azeocryst Organics Pvt. Ltd. (India), Symax Life Sciences (India), MEHK Chemicals Pvt Ltd. (India), Jeyam Scientific Co. (P) Ltd. (India), Bharat Rasayan Advanced Speciality Chemicals (BRL, India), Sainor (India), and Novaphen (India).

Related Reports:

Epoxy Resin Market by Physical Form (Liquids, Solids, Solutions), Raw Material (Badge, BFDGE, Novolac, Aliphatic, Glycidyl Amine), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-use Industry, and Region - Global Forecast to 2030