Epoxide Market Report 2026

The epoxide market size has grown strongly in recent years. It will grow from $76.78 billion in 2025 to $82.28 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to expansion of construction and infrastructure activities, growth of industrial coatings demand, increasing use of epoxides in consumer goods manufacturing, stable availability of petrochemical feedstocks, expansion of chemical processing capacity.

The epoxide market size is expected to see strong growth in the next few years. It will grow to $106.97 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to rising demand for specialty chemicals, increasing applications in medical devices, expansion of sustainable epoxy formulations, growing investments in advanced chemical synthesis, rising demand from automotive lightweight materials. Major trends in the forecast period include increasing use of epoxides in high-performance coatings, rising demand from adhesives and sealants industry, growing application in pharmaceutical intermediates, expansion of epoxide-based surfactants, focus on process efficiency and yield optimization.

The rising construction and infrastructure is expected to propel the growth of the epoxide market going forward. Construction refers to the process of building structures like homes, offices, or roads. Infrastructure includes the essential systems and facilities like transportation, power, and water that support a society's functioning. The rise in construction and infrastructure is driven by urbanization, population growth, and the need for modernized facilities. Epoxide resins are used in construction materials due to their strong adhesive properties and durability. They improve the strength of concrete and coatings, making buildings and infrastructure more resilient and long-lasting. For instance, in August 2023, according to an analysis of data from the US Census Bureau by Deloitte Touché Tohmatsu Limited, a UK-based professional services company, total construction spending was $1.98 trillion in 2023, up 7.4% from August 2022. Therefore, the rising construction and infrastructure is driving the growth of the epoxide market.

Major companies operating in the epoxide market are focusing on product launches, such as a thermally conductive epoxy product line, to meet the evolving needs of various industries. A thermally conductive epoxy product line consists of materials designed to efficiently transfer heat while maintaining the bonding and sealing characteristics of traditional epoxy formulations. For instance, in September 2023, G6 Materials, a US-based company that develops advanced materials and composites for industrial uses, launched G6 Materials' new thermally conductive epoxy product line. This launch of G6E-TSHV and G6E-TSAL with high thermal conductivity, non-electrically conductive properties, and a low viscosity option addresses diverse industry needs. This innovative product line enhances epoxy options for applications requiring efficient heat transfer, electrical insulation, easy flow, and wetting characteristics, contributing to the expansion and advancement of the epoxide market.

In June 2025, DCM Shriram Ltd., an India-based diversified chemicals and agri-business company, acquired a 100% stake in Hindusthan Specialty Chemicals for Rs. 375 crore (USD 37.5 million). With this acquisition, DCM Shriram aims to strengthen its specialty chemicals portfolio, enhance operational capabilities, expand market reach across industrial applications, and drive long-term growth and profitability. Hindusthan Specialty Chemicals is an India-based manufacturer of specialty chemicals serving multiple industrial sectors.

Major companies operating in the epoxide market are Exxon Mobil Corporation, BASF SE, Dow Inc., INEOS Group Limited, Shell plc, SABIC (Saudi Basic Industries Corporation), LyondellBasell Industries N.V., Sinopec Group (China Petroleum & Chemical Corporation), China National Petroleum Corporation (CNPC), LG Chem Ltd., SK Global Chemical Co., Ltd., Formosa Plastics Corporation, Mitsubishi Chemical Group Corporation, Sumitomo Chemical Co., Ltd., Hanwha Solutions Corporation, Reliance Industries Limited, Braskem S.A., Repsol, S.A., Versalis S.p.A., Borealis AG, PetroChina Company Limited, Wanhua Chemical Group Co., Ltd.

North America was the largest region in the epoxide market in 2025. Asia-Pacific is expected to be the fastest-growing region in the epoxide market during the forecast period. The regions covered in the epoxide market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the epoxide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The epoxide market consists of sales of phenoxybenzene and 2-methoxy-2-methylpropane (MTBE). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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