×
Request Free Sample ×
ReportInfographic

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background
English
Chinese
French
Japanese
Korean
German
Spanish

Flexible Epoxy Resin Market Trends

ID: MRFR/CnM/4551-CR
111 Pages
Chitranshi Jaiswal
November 2022

Flexible Epoxy Resin Market Research Report Information By Type (Urethane Modified, Rubber Modified, Dimer Acid, Others) APPLICATION (Primer, Composites, Adhesives, Semiconductor, Electrical Laminate, Others) End-Use Industry (Paints & Coatings, Construction, Automotive, Electrical & Electronics, Military & Defence, Others) Forecast 2032

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Flexible Epoxy Resin Market Infographic
Request Free Sample
Purchase Options
Compare License
Summary Table of Contents Segmentation Download PDF

Market Trends

Key Emerging Trends in the Flexible Epoxy Resin Market

The market trends of flexible epoxy resin have witnessed significant shifts in recent times, reflecting the evolving demands of various industries. Flexible epoxy resin, a versatile polymer known for its elasticity and durability, has gained prominence in applications ranging from adhesives and sealants to coatings and composites. One notable trend in the market is the increasing demand for environmentally friendly formulations. With a growing emphasis on sustainability, manufacturers are developing flexible epoxy resins with reduced environmental impact, incorporating bio-based raw materials and adopting eco-friendly production processes.

Another notable trend is the rising adoption of flexible epoxy resin in the electronics industry. As electronic devices become more compact and lightweight, there is a growing need for flexible and resilient materials to protect sensitive components. Flexible epoxy resin provides excellent adhesion, chemical resistance, and mechanical properties, making it an ideal choice for electronic encapsulation and packaging. This trend is expected to continue as the electronics industry advances further into miniaturization and increased functionality.

Furthermore, the construction and automotive sectors are driving the demand for flexible epoxy resin. In construction, the flexibility and strength of epoxy resins make them suitable for various applications, such as flooring, adhesives, and coatings. The automotive industry, on the other hand, is increasingly utilizing flexible epoxy resins for lightweighting strategies and enhanced performance. The ability of flexible epoxy resins to withstand dynamic loads and vibrations makes them valuable for automotive components like composite materials, adhesives, and sealants.

An emerging trend in the market is the development of smart and functional coatings using flexible epoxy resins. These coatings offer features such as self-healing, anti-corrosion, and antimicrobial properties. Such innovations cater to industries like healthcare, aerospace, and infrastructure, where advanced functionalities are crucial. The demand for smart coatings is expected to grow as industries seek ways to improve the longevity and performance of their products.

Additionally, the Asia-Pacific region is positioned as a key player in the flexible epoxy resin market. The region's rapid industrialization, economic growth, and increasing infrastructure projects contribute to the escalating demand for flexible epoxy resin. Countries like China and India are witnessing a surge in construction activities, automotive production, and electronics manufacturing, creating a significant market for flexible epoxy resin applications.

Despite the positive trends, challenges persist in the market. Fluctuations in raw material prices, particularly for petrochemical-based components, can impact the overall cost of flexible epoxy resin production. Manufacturers are exploring alternative raw materials and improving production efficiency to mitigate these challenges. Additionally, stringent regulations on volatile organic compound (VOC) emissions and environmental concerns pose compliance challenges, prompting companies to invest in research and development for greener alternatives.

Author
Chitranshi Jaiswal
Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

Get In Touch

Leave a Comment

FAQs

What growth rate global flexible epoxy resin market would register in the future?

The global flexible epoxy resin market would register a growth of 7.19 %.

Which industry will play a crucial role in taking the flexible epoxy resin market ahead??

Construction Industries

What is the key restraining factor for the global thermoformed plastics market?

Potential health issues

Market Summary

As per MRFR analysis, the Flexible Epoxy Resin Market Size was estimated at 18.92 USD Million in 2024. The Flexible Epoxy Resin industry is projected to grow from 21.86 USD Million in 2025 to 92.62 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 15.54 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Flexible Epoxy Resin Market is poised for robust growth driven by technological advancements and increasing demand across various sectors.

  • North America remains the largest market for flexible epoxy resins, driven by its established automotive and aerospace industries.
  • Asia-Pacific is emerging as the fastest-growing region, fueled by rapid industrialization and increasing investments in construction.
  • The adhesives segment dominates the market, while the coatings segment is experiencing the fastest growth due to rising demand for specialized applications.
  • Key market drivers include the rising demand in the automotive sector and the expansion of construction applications, which are significantly influencing market dynamics.

Market Size & Forecast

2024 Market Size 18.92 (USD Million)
2035 Market Size 92.62 (USD Million)
CAGR (2025 - 2035) 15.54%
Largest Regional Market Share in 2024 North America

Major Players

Hexion Inc (US), Huntsman Corporation (US), BASF SE (DE), Sika AG (CH), Mitsubishi Chemical Corporation (JP), Aditya Birla Chemicals (IN), Olin Corporation (US), Kraton Corporation (US), Covestro AG (DE)

Market Trends

The Flexible Epoxy Resin Market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand across various industries. This market encompasses a wide range of applications, including automotive, aerospace, electronics, and construction. The versatility of flexible epoxy resins allows for enhanced performance characteristics, such as improved adhesion, flexibility, and resistance to environmental factors. As industries continue to evolve, the need for materials that can withstand rigorous conditions while maintaining structural integrity becomes paramount. Consequently, manufacturers are focusing on developing innovative formulations that cater to specific application requirements, thereby expanding their market reach. In addition to technological advancements, sustainability is emerging as a critical factor influencing the Flexible Epoxy Resin Market. Stakeholders are increasingly prioritizing eco-friendly materials and production processes, which aligns with global efforts to reduce environmental impact. This shift towards sustainable practices is prompting companies to explore bio-based resins and recycling methods, potentially reshaping the competitive landscape. As the market progresses, it appears that the integration of sustainability and innovation will play a pivotal role in shaping future trends and consumer preferences, ultimately driving growth in the Flexible Epoxy Resin Market.

Technological Advancements

The Flexible Epoxy Resin Market is witnessing a surge in technological innovations that enhance product performance. Manufacturers are investing in research and development to create formulations that offer superior adhesion, flexibility, and durability. These advancements are crucial for meeting the diverse needs of industries such as automotive and aerospace, where material performance is critical.

Sustainability Initiatives

There is a growing emphasis on sustainability within the Flexible Epoxy Resin Market. Companies are increasingly adopting eco-friendly practices, including the development of bio-based resins and recycling initiatives. This trend reflects a broader commitment to reducing environmental impact and aligns with consumer preferences for sustainable products.

Customization and Specialization

The demand for customized solutions is rising in the Flexible Epoxy Resin Market. As industries seek materials tailored to specific applications, manufacturers are focusing on specialized formulations. This trend indicates a shift towards more personalized products that meet unique performance requirements, thereby enhancing market competitiveness.

Flexible Epoxy Resin Market Market Drivers

Market Growth Projections

The Global Flexible Epoxy Resin Market Industry is projected to experience substantial growth, with estimates indicating a market value of 661.4 USD Million in 2024 and a remarkable increase to 1522.8 USD Million by 2035. This growth trajectory suggests a compound annual growth rate of 7.88% from 2025 to 2035, reflecting the rising demand across multiple sectors, including automotive, electronics, and construction. The increasing adoption of flexible epoxy resins in diverse applications is likely to drive innovation and investment in this market, further enhancing its potential for expansion.

Rising Demand in Automotive Sector

The Global Flexible Epoxy Resin Market Industry experiences a notable surge in demand from the automotive sector, driven by the increasing need for lightweight and durable materials. Flexible epoxy resins are utilized in various automotive applications, including adhesives, coatings, and composites, enhancing vehicle performance and fuel efficiency. As the automotive industry shifts towards electric vehicles, the demand for high-performance materials is expected to grow. This trend is reflected in the projected market value of 661.4 USD Million in 2024, with expectations to reach 1522.8 USD Million by 2035, indicating a robust growth trajectory.

Increased Focus on Sustainable Solutions

The Global Flexible Epoxy Resin Market Industry is increasingly shaped by the focus on sustainable solutions. Manufacturers are exploring bio-based and eco-friendly epoxy resins to meet the growing demand for environmentally responsible products. This shift is driven by regulatory pressures and consumer preferences for sustainable materials. As industries adopt greener practices, the flexible epoxy resin market is likely to expand, with companies investing in research to develop low-VOC and recyclable formulations. This trend not only aligns with global sustainability goals but also positions flexible epoxy resins as a viable alternative in various applications.

Technological Advancements in Material Science

The Global Flexible Epoxy Resin Market Industry is propelled by technological advancements in material science. Innovations in resin formulations and processing techniques enhance the performance characteristics of flexible epoxy resins, making them suitable for a broader range of applications. These advancements lead to improved adhesion, flexibility, and resistance to chemicals and heat. As industries seek more efficient and sustainable materials, the ongoing research and development efforts in epoxy resin technology are likely to foster market growth. This evolving landscape positions flexible epoxy resins as a preferred choice across various sectors, further solidifying their market presence.

Expansion in Electronics and Electrical Applications

The Global Flexible Epoxy Resin Market Industry is significantly influenced by the expansion of electronics and electrical applications. Flexible epoxy resins are increasingly used in the manufacturing of circuit boards, encapsulants, and potting compounds, owing to their excellent electrical insulation properties and thermal stability. The rise of consumer electronics and the demand for miniaturized components further drive this market. As a result, the industry is likely to witness a compound annual growth rate of 7.88% from 2025 to 2035, reflecting the growing reliance on flexible epoxy resins in innovative electronic solutions.

Growth in Construction and Infrastructure Development

The Global Flexible Epoxy Resin Market Industry benefits from the growth in construction and infrastructure development. Flexible epoxy resins are widely used in flooring, coatings, and adhesives, providing durability and resistance to environmental factors. As urbanization accelerates globally, the demand for high-performance construction materials increases. This trend is particularly evident in emerging economies, where infrastructure projects are on the rise. The anticipated growth in this sector contributes to the overall market expansion, with flexible epoxy resins playing a crucial role in meeting the demands of modern construction practices.

Market Segment Insights

By Application: Adhesives (Largest) vs. Coatings (Fastest-Growing)

The Flexible Epoxy Resin Market demonstrates a diverse application landscape, with adhesives taking the lead in market share, primarily due to their widespread usage in industries like construction, automotive, and electronics. Coatings follow closely, being essential for surface protection and aesthetic finishes. Other notable applications include composites, electrical encapsulation, and potting compounds, which, while smaller in market share, contribute to the market's robustness. Growth trends indicate a significant uptick in the coatings segment, driven by increasing demand for protective finishes across various sectors and advancements in formulation technologies. Additionally, the composites sector is gaining traction as lightweight and durable material solutions become increasingly sought after in many industries. The electrical encapsulation and potting compound applications are also expanding, influenced by the surge in electronics manufacturing and the need for enhanced protective measures in complex assemblies.

Adhesives (Dominant) vs. Electrical Encapsulation (Emerging)

Adhesives remain the dominant force in the Flexible Epoxy Resin Market, primarily due to their versatility and strong bonding capabilities across several applications, including construction and automotive. They are particularly favored for their durability and resistance to environmental factors, making them essential in harsh conditions. Conversely, electrical encapsulation is emerging as a significant value segment, fueled by the booming electronics industry. This application focuses on protecting sensitive electronic components from environmental extremes and mechanical stress. The increasing complexity of electronic devices necessitates advanced encapsulation solutions that ensure reliability and longevity, thus paving the way for further developments in flexible epoxy resin formulations tailored for such applications.

By End Use Industry: Aerospace (Largest) vs. Automotive (Fastest-Growing)

The Flexible Epoxy Resin Market showcases a diverse range of applications across various end-use industries. Among these, Aerospace holds the largest market share, benefiting from its critical use in aircraft manufacturing and maintenance. Following closely is the Automotive sector, which is experiencing rapid growth as manufacturers increasingly adopt flexible epoxy resins in vehicle production for improved durability and performance.

Aerospace (Dominant) vs. Automotive (Emerging)

The Aerospace industry remains a dominant force in the Flexible Epoxy Resin Market due to its stringent requirements for material performance and reliability. Flexible epoxies are integral in reducing weight and enhancing fuel efficiency in aircraft. In contrast, the Automotive sector is emerging as a dynamic player, with trends leaning towards lightweight composites and advanced material engineering. As the automotive industry shifts towards electric vehicles and smart manufacturing, the demand for flexible epoxy resins is projected to rise sharply, driven by their excellent adhesion, mechanical strength, and temperature resistance.

By Formulation Type: Flexible (Largest) vs. Rigid (Fastest-Growing)

In the Flexible Epoxy Resin Market, the formulation types exhibit distinct market shares. Flexible epoxy resins currently hold the largest portion, driven by their extensive applications in automotive, electronics, and aerospace industries. Rigid epoxy resins, while smaller in share, are rapidly gaining attention due to their strong performance characteristics and durability in high-stress applications. The hybrid formulation is also noteworthy, bridging the gap between flexible and rigid properties and catering to niche markets. The growth trends of the formulation types are shaped by evolving industry demands and technological advancements. Flexible resins benefit from a growing push for lightweight and flexible materials, while rigid formulations are seeing increased adoption in construction and manufacturing due to their superior mechanical properties. The hybrid segment is emerging as a versatile option, harnessing the advantages of both flexible and rigid formulations, thus appealing to a broad array of industries and applications.

Flexible (Dominant) vs. Rigid (Emerging)

Flexible epoxy resins are characterized by their high elasticity and ability to withstand deformation without damage, making them ideal for dynamic applications where movement is commonplace. They dominate the market due to their versatility in various sectors, such as automotive and electronics, which require materials that can absorb stress and provide durability. This formulation type continues to evolve, incorporating new technologies to enhance performance while addressing environmental sustainability. On the other hand, rigid epoxy resins are emerging rapidly, favored for their stiffness and strength, making them suitable for high-performance applications. These resins exhibit excellent adhesion, chemical resistance, and thermal stability, accessing markets where structural integrity is paramount. As industries seek more robust and reliable materials, the demand for rigid formulations is expected to rise, complementing the established flexibility of dominant formulations.

By Curing Mechanism: Thermal Curing (Largest) vs. UV Curing (Fastest-Growing)

In the Flexible Epoxy Resin Market, the curing mechanism segment showcases diverse options, with Thermal Curing leading in market share due to its established applications in various industries. This segment benefits from extensive use in automotive and aerospace sectors, contributing significantly to its dominance. Meanwhile, UV Curing is gaining traction, especially in niche applications, reflecting notable growth driven by technological advancements and the increasing demand for rapid curing processes.

Curing Mechanism: Thermal Curing (Dominant) vs. UV Curing (Emerging)

Thermal Curing is recognized for its robustness and reliability, making it the dominant player in the Flexible Epoxy Resin Market. This method is often favored in applications requiring high-performance attributes, such as aerospace and construction. On the other hand, UV Curing is emerging as a competitive alternative, particularly in the realm of flexible epoxy applications that require quick turnaround times and high precision. Its superior environmental attributes and rapid curing capabilities align with current trends towards sustainability and efficiency, making it increasingly attractive for manufacturers looking to innovate.

By Chemical Composition: Bisphenol A (Largest) vs. Novolac (Fastest-Growing)

The Flexible Epoxy Resin Market exhibits a dynamic distribution of chemical compositions, with Bisphenol A holding the most significant share due to its versatile applications and established presence in the automotive and construction industries. This is closely followed by Bisphenol F and Novolac resins, which despite having a smaller market share, are increasingly favored for their enhanced thermal properties and chemical resistance. Aliphatic and Aromatic compositions continue to play vital roles, catering to specific niche applications that require specialized performance characteristics. The growth trends in this segment are driven by evolving consumer demands for high-performance materials and the increasing penetration of flexible epoxy resins in various end-use industries such as electronics, aerospace, and marine. Bisphenol A’s dominance is challenged by the rising adoption of Novolac resins, known for their superior mechanical properties, which are gaining traction in sectors aiming for lightweight and durable solutions. Furthermore, the shift towards more environmentally friendly and sustainable chemical compositions is likely to influence market dynamics in the coming years.

Bisphenol A (Dominant) vs. Novolac (Emerging)

Bisphenol A remains the dominant player in the Flexible Epoxy Resin Market, recognized for its exceptional adhesion, flexibility, and resistance qualities, crucial for high-performance applications across various sectors. Its widespread use in coatings, adhesives, and composites underscores its established footprint. In contrast, Novolac resins are emerging with a robust growth trajectory, primarily due to their enhanced thermal stability and mechanical strength. Novolac is particularly favored in industries that demand high-resistance materials, making it an attractive option for niche applications. As industries pivot towards innovative material solutions, Novolac's profile is rising, positioning it as a significant contender against traditional options.

Get more detailed insights about Flexible Epoxy Resin Market Research Report—Global Forecast till 2035

Regional Insights

North America : Market Leader in Innovation

North America is poised to maintain its leadership in the flexible epoxy resin market, holding a significant share of 9.46 in 2024. The region's growth is driven by robust demand from the automotive and aerospace sectors, alongside increasing investments in infrastructure. Regulatory support for sustainable materials further catalyzes market expansion, as companies seek eco-friendly alternatives to traditional resins. The competitive landscape is characterized by major players such as Hexion Inc, Huntsman Corporation, and Olin Corporation, which are actively innovating to meet evolving consumer needs. The U.S. remains the largest market, supported by advanced manufacturing capabilities and a strong focus on R&D. This dynamic environment fosters collaboration between industry leaders and research institutions, enhancing product development and market penetration.

Europe : Emerging Market with Growth Potential

Europe's flexible epoxy resin market, valued at 5.67, is experiencing growth fueled by increasing demand for sustainable and high-performance materials. Regulatory frameworks, such as the EU's Green Deal, are pushing industries to adopt eco-friendly solutions, thereby enhancing the market's appeal. The automotive and construction sectors are particularly influential, driving innovation and investment in advanced resin technologies. Leading countries like Germany, France, and the UK are at the forefront of this market, with key players such as BASF SE and Sika AG leading the charge. The competitive landscape is marked by a focus on sustainability and innovation, as companies strive to meet stringent environmental regulations. This environment encourages collaboration and investment in R&D, positioning Europe as a significant player in The Flexible Epoxy Resin.

Asia-Pacific : Rapidly Growing Market Segment

The Asia-Pacific region, with a market size of 2.79, is witnessing rapid growth in the flexible epoxy resin sector, driven by increasing industrialization and urbanization. Countries like China and India are leading this growth, supported by rising demand from the automotive, electronics, and construction industries. Regulatory initiatives aimed at enhancing product quality and safety are also contributing to market expansion. The competitive landscape features key players such as Mitsubishi Chemical Corporation and Aditya Birla Chemicals, which are focusing on innovation and strategic partnerships to capture market share. As the region continues to develop, the presence of these companies is expected to bolster the flexible epoxy resin market, making it a vital area for future investments and growth opportunities.

Middle East and Africa : Untapped Market Potential

The Middle East and Africa region currently shows a market size of 0.0 for flexible epoxy resins, indicating significant untapped potential. The growth in this region is anticipated to be driven by increasing construction activities and a growing demand for advanced materials in various sectors. Regulatory frameworks are gradually evolving, which may support the adoption of flexible epoxy resins in the future. Countries like the UAE and South Africa are expected to lead the charge as they invest in infrastructure and industrial development. The competitive landscape is still emerging, with opportunities for new entrants and established players to explore this market. As awareness of the benefits of flexible epoxy resins grows, the region is likely to see increased interest from global manufacturers looking to expand their footprint.

Key Players and Competitive Insights

The Flexible Epoxy Resin Market is currently characterized by a dynamic competitive landscape, driven by increasing demand across various sectors such as automotive, aerospace, and construction. Key players are actively engaging in strategies that emphasize innovation, sustainability, and regional expansion. For instance, Hexion Inc (US) has positioned itself as a leader in developing advanced formulations that enhance performance while reducing environmental impact. Similarly, BASF SE (DE) focuses on integrating digital technologies into its operations, thereby streamlining processes and improving product offerings. These strategic initiatives collectively contribute to a competitive environment that is increasingly focused on meeting evolving customer needs and regulatory standards.In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains. This approach is particularly relevant in a market that appears moderately fragmented, with several players vying for market share. The collective influence of key players, such as Huntsman Corporation (US) and Sika AG (CH), is shaping the market structure, as they leverage their extensive distribution networks and technological capabilities to enhance their competitive positions.

In November Huntsman Corporation (US) announced a strategic partnership with a leading automotive manufacturer to develop a new line of flexible epoxy resins tailored for electric vehicle applications. This collaboration is significant as it not only aligns with the growing trend towards electrification in the automotive sector but also positions Huntsman as a key player in a rapidly evolving market segment. The partnership is expected to enhance product performance and sustainability, thereby reinforcing Huntsman's market presence.

In October Sika AG (CH) launched a new range of flexible epoxy resins designed specifically for construction applications, emphasizing their commitment to sustainability. This product line incorporates recycled materials, which is increasingly important in the construction industry as companies seek to reduce their carbon footprints. The introduction of these innovative products is likely to strengthen Sika's competitive edge and appeal to environmentally conscious consumers.

In September Covestro AG (DE) expanded its production capacity for flexible epoxy resins in response to rising global demand. This expansion is indicative of Covestro's proactive approach to market dynamics and its commitment to meeting customer needs. By increasing production capabilities, Covestro aims to solidify its position as a leading supplier in the market, particularly in regions experiencing rapid growth.

As of December current trends in the Flexible Epoxy Resin Market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve, shifting from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge.

Key Companies in the Flexible Epoxy Resin Market include

Industry Developments

In August 2023, Momentive Performance Materials announced the launch of its new 9100 Series of flexible epoxy resins. These resins are designed for applications that require high toughness and flexibility, such as in the construction and marine industries.

The existence of sizable flexible epoxy resin industry in the region is likely to make the Asia-Pacific region the largest expanding market for flexible epoxy resin  market globally. The flexible epoxy resin market is also anticipated to grow throughout the forecast period because of rising government investments in infrastructure development in developing nations like China and India. Because of the high demand for flexible epoxy resin for construction and electronical, Europe has been actively monitoring the Asia-Pacific market.

The growing demand for the product from a variety of end-use sectors, including building and construction, electrical and electronics, and automotive, is what drives the North American market. The Latin America and Middle East & Africa regions are showing consistent growth during the forecast period. Finally, due to technological developments and the rising demand for automotive in these countries, it is anticipated that the markets in the Middle East and Africa and Latin America would experience considerable growth over the projection period.

Competitive Landscape

The global flexible epoxy resin market is characterized by the presence of many regional, and local vendors. The market is highly competitive with all the players competing to gain maximum market share. The increasing flexible epoxy resin demand in end-use industry for epoxy-based composites boosting the sales flexible epoxy resin is the key driver of the market. The vendors compete based on cost, product quality, and mainly on availability of the products according to the geographies. It is crucial for the vendors to provide cost-effective and high-quality flexible epoxy resin to compete in the market.

The competitive scenario is fragmented between the tier-1, tier-2, and tier-3 companies, while tier-1 and tier-2 companies in the market hold over 60% the global flexible epoxy resin market share.

The growth of market participants depends on market and economic conditions, government regulations and industry developments. Therefore, players should focus on expanding their production capacity to meet demand and improve their services. DIC Corporation, Olin Corporation, Hexion, Kukdo Chemical Limited, Aditya Birla Chemicals, Huntsman International LLC, Emerald Performance Materials, Resoltech, Epoxonic, Cardolite Corporation Spolchemie, Atul Limited, Conren Limited, Intertronics and Mereco Technologies are the major players in today's market . We compete on quality, price and availability. These players are mainly focused on developing flexible epoxy resins.

International players dominate the market, but there are also modest regional and local players with smaller market shares. International players with a global presence with established production facilities or sales offices are increasing their presence in key regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

 

Future Outlook

Flexible Epoxy Resin Market Future Outlook

The Flexible Epoxy Resin Market is poised for growth at 15.54% CAGR from 2025 to 2035, driven by increasing demand in automotive, aerospace, and construction sectors.

New opportunities lie in:

  • Development of bio-based flexible epoxy resins for sustainable applications.
  • Expansion into emerging markets with tailored product offerings.
  • Investment in advanced manufacturing technologies to enhance production efficiency.

By 2035, the market is expected to achieve substantial growth, solidifying its position as a key player in various industries.

Market Segmentation

Flexible Epoxy Resin Market Application Outlook

  • Adhesives
  • Coatings
  • Composites
  • Electrical Encapsulation
  • Potting Compounds

Flexible Epoxy Resin Market Curing Mechanism Outlook

  • Thermal Curing
  • UV Curing
  • Moisture Curing

Flexible Epoxy Resin Market End Use Industry Outlook

  • Aerospace
  • Automotive
  • Construction
  • Electronics
  • Marine

Flexible Epoxy Resin Market Formulation Type Outlook

  • Flexible
  • Rigid
  • Hybrid

Flexible Epoxy Resin Market Chemical Composition Outlook

  • Bisphenol A
  • Bisphenol F
  • Novolac
  • Aliphatic
  • Aromatic

Report Scope

MARKET SIZE 202418.92(USD Million)
MARKET SIZE 202521.86(USD Million)
MARKET SIZE 203592.62(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)15.54% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledHexion Inc (US), Huntsman Corporation (US), BASF SE (DE), Sika AG (CH), Mitsubishi Chemical Corporation (JP), Aditya Birla Chemicals (IN), Olin Corporation (US), Kraton Corporation (US), Covestro AG (DE)
Segments CoveredApplication, End Use Industry, Formulation Type, Curing Mechanism, Chemical Composition
Key Market OpportunitiesGrowing demand for lightweight materials in automotive and aerospace sectors drives Flexible Epoxy Resin Market expansion.
Key Market DynamicsRising demand for lightweight materials drives innovation and competition in the flexible epoxy resin market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

FAQs

What growth rate global flexible epoxy resin market would register in the future?

The global flexible epoxy resin market would register a growth of 7.19 %.

Which industry will play a crucial role in taking the flexible epoxy resin market ahead??

Construction Industries

What is the key restraining factor for the global thermoformed plastics market?

Potential health issues

  1. SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
    1. | 1.1 EXECUTIVE SUMMARY
    2. | 1.1.1 Market Overview
    3. | 1.1.2 Key Findings
    4. | 1.1.3 Market Segmentation
    5. | 1.1.4 Competitive Landscape
    6. | 1.1.5 Challenges and Opportunities
    7. | 1.1.6 Future Outlook
  2. SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
    1. | 2.1 MARKET INTRODUCTION
    2. | 2.1.1 Definition
    3. | 2.1.2 Scope of the study
    4. |-- 2.1.2.1 Research Objective
    5. |-- 2.1.2.2 Assumption
    6. |-- 2.1.2.3 Limitations
    7. | 2.2 RESEARCH METHODOLOGY
    8. | 2.2.1 Overview
    9. | 2.2.2 Data Mining
    10. | 2.2.3 Secondary Research
    11. | 2.2.4 Primary Research
    12. |-- 2.2.4.1 Primary Interviews and Information Gathering Process
    13. |-- 2.2.4.2 Breakdown of Primary Respondents
    14. | 2.2.5 Forecasting Model
    15. | 2.2.6 Market Size Estimation
    16. |-- 2.2.6.1 Bottom-Up Approach
    17. |-- 2.2.6.2 Top-Down Approach
    18. | 2.2.7 Data Triangulation
    19. | 2.2.8 Validation
  3. SECTION III: QUALITATIVE ANALYSIS
    1. | 3.1 MARKET DYNAMICS
    2. | 3.1.1 Overview
    3. | 3.1.2 Drivers
    4. | 3.1.3 Restraints
    5. | 3.1.4 Opportunities
    6. | 3.2 MARKET FACTOR ANALYSIS
    7. | 3.2.1 Value chain Analysis
    8. | 3.2.2 Porter's Five Forces Analysis
    9. |-- 3.2.2.1 Bargaining Power of Suppliers
    10. |-- 3.2.2.2 Bargaining Power of Buyers
    11. |-- 3.2.2.3 Threat of New Entrants
    12. |-- 3.2.2.4 Threat of Substitutes
    13. |-- 3.2.2.5 Intensity of Rivalry
    14. | 3.2.3 COVID-19 Impact Analysis
    15. |-- 3.2.3.1 Market Impact Analysis
    16. |-- 3.2.3.2 Regional Impact
    17. |-- 3.2.3.3 Opportunity and Threat Analysis
  4. SECTION IV: QUANTITATIVE ANALYSIS
    1. | 4.1 Chemicals and Materials, BY Application (USD Million)
    2. | 4.1.1 Adhesives
    3. | 4.1.2 Coatings
    4. | 4.1.3 Composites
    5. | 4.1.4 Electrical Encapsulation
    6. | 4.1.5 Potting Compounds
    7. | 4.2 Chemicals and Materials, BY End Use Industry (USD Million)
    8. | 4.2.1 Aerospace
    9. | 4.2.2 Automotive
    10. | 4.2.3 Construction
    11. | 4.2.4 Electronics
    12. | 4.2.5 Marine
    13. | 4.3 Chemicals and Materials, BY Formulation Type (USD Million)
    14. | 4.3.1 Flexible
    15. | 4.3.2 Rigid
    16. | 4.3.3 Hybrid
    17. | 4.4 Chemicals and Materials, BY Curing Mechanism (USD Million)
    18. | 4.4.1 Thermal Curing
    19. | 4.4.2 UV Curing
    20. | 4.4.3 Moisture Curing
    21. | 4.5 Chemicals and Materials, BY Chemical Composition (USD Million)
    22. | 4.5.1 Bisphenol A
    23. | 4.5.2 Bisphenol F
    24. | 4.5.3 Novolac
    25. | 4.5.4 Aliphatic
    26. | 4.5.5 Aromatic
    27. | 4.6 Chemicals and Materials, BY Region (USD Million)
    28. | 4.6.1 North America
    29. |-- 4.6.1.1 US
    30. |-- 4.6.1.2 Canada
    31. | 4.6.2 Europe
    32. |-- 4.6.2.1 Germany
    33. |-- 4.6.2.2 UK
    34. |-- 4.6.2.3 France
    35. |-- 4.6.2.4 Russia
    36. |-- 4.6.2.5 Italy
    37. |-- 4.6.2.6 Spain
    38. |-- 4.6.2.7 Rest of Europe
    39. | 4.6.3 APAC
    40. |-- 4.6.3.1 China
    41. |-- 4.6.3.2 India
    42. |-- 4.6.3.3 Japan
    43. |-- 4.6.3.4 South Korea
    44. |-- 4.6.3.5 Malaysia
    45. |-- 4.6.3.6 Thailand
    46. |-- 4.6.3.7 Indonesia
    47. |-- 4.6.3.8 Rest of APAC
    48. | 4.6.4 South America
    49. |-- 4.6.4.1 Brazil
    50. |-- 4.6.4.2 Mexico
    51. |-- 4.6.4.3 Argentina
    52. |-- 4.6.4.4 Rest of South America
    53. | 4.6.5 MEA
    54. |-- 4.6.5.1 GCC Countries
    55. |-- 4.6.5.2 South Africa
    56. |-- 4.6.5.3 Rest of MEA
  5. SECTION V: COMPETITIVE ANALYSIS
    1. | 5.1 Competitive Landscape
    2. | 5.1.1 Overview
    3. | 5.1.2 Competitive Analysis
    4. | 5.1.3 Market share Analysis
    5. | 5.1.4 Major Growth Strategy in the Chemicals and Materials
    6. | 5.1.5 Competitive Benchmarking
    7. | 5.1.6 Leading Players in Terms of Number of Developments in the Chemicals and Materials
    8. | 5.1.7 Key developments and growth strategies
    9. |-- 5.1.7.1 New Product Launch/Service Deployment
    10. |-- 5.1.7.2 Merger & Acquisitions
    11. |-- 5.1.7.3 Joint Ventures
    12. | 5.1.8 Major Players Financial Matrix
    13. |-- 5.1.8.1 Sales and Operating Income
    14. |-- 5.1.8.2 Major Players R&D Expenditure. 2023
    15. | 5.2 Company Profiles
    16. | 5.2.1 Hexion Inc (US)
    17. |-- 5.2.1.1 Financial Overview
    18. |-- 5.2.1.2 Products Offered
    19. |-- 5.2.1.3 Key Developments
    20. |-- 5.2.1.4 SWOT Analysis
    21. |-- 5.2.1.5 Key Strategies
    22. | 5.2.2 Huntsman Corporation (US)
    23. |-- 5.2.2.1 Financial Overview
    24. |-- 5.2.2.2 Products Offered
    25. |-- 5.2.2.3 Key Developments
    26. |-- 5.2.2.4 SWOT Analysis
    27. |-- 5.2.2.5 Key Strategies
    28. | 5.2.3 BASF SE (DE)
    29. |-- 5.2.3.1 Financial Overview
    30. |-- 5.2.3.2 Products Offered
    31. |-- 5.2.3.3 Key Developments
    32. |-- 5.2.3.4 SWOT Analysis
    33. |-- 5.2.3.5 Key Strategies
    34. | 5.2.4 Sika AG (CH)
    35. |-- 5.2.4.1 Financial Overview
    36. |-- 5.2.4.2 Products Offered
    37. |-- 5.2.4.3 Key Developments
    38. |-- 5.2.4.4 SWOT Analysis
    39. |-- 5.2.4.5 Key Strategies
    40. | 5.2.5 Mitsubishi Chemical Corporation (JP)
    41. |-- 5.2.5.1 Financial Overview
    42. |-- 5.2.5.2 Products Offered
    43. |-- 5.2.5.3 Key Developments
    44. |-- 5.2.5.4 SWOT Analysis
    45. |-- 5.2.5.5 Key Strategies
    46. | 5.2.6 Aditya Birla Chemicals (IN)
    47. |-- 5.2.6.1 Financial Overview
    48. |-- 5.2.6.2 Products Offered
    49. |-- 5.2.6.3 Key Developments
    50. |-- 5.2.6.4 SWOT Analysis
    51. |-- 5.2.6.5 Key Strategies
    52. | 5.2.7 Olin Corporation (US)
    53. |-- 5.2.7.1 Financial Overview
    54. |-- 5.2.7.2 Products Offered
    55. |-- 5.2.7.3 Key Developments
    56. |-- 5.2.7.4 SWOT Analysis
    57. |-- 5.2.7.5 Key Strategies
    58. | 5.2.8 Kraton Corporation (US)
    59. |-- 5.2.8.1 Financial Overview
    60. |-- 5.2.8.2 Products Offered
    61. |-- 5.2.8.3 Key Developments
    62. |-- 5.2.8.4 SWOT Analysis
    63. |-- 5.2.8.5 Key Strategies
    64. | 5.2.9 Covestro AG (DE)
    65. |-- 5.2.9.1 Financial Overview
    66. |-- 5.2.9.2 Products Offered
    67. |-- 5.2.9.3 Key Developments
    68. |-- 5.2.9.4 SWOT Analysis
    69. |-- 5.2.9.5 Key Strategies
    70. | 5.3 Appendix
    71. | 5.3.1 References
    72. | 5.3.2 Related Reports

Chemicals and Materials Market Segmentation

Chemicals and Materials By Application (USD Million, 2025-2035)

  • Adhesives
  • Coatings
  • Composites
  • Electrical Encapsulation
  • Potting Compounds

Chemicals and Materials By End Use Industry (USD Million, 2025-2035)

  • Aerospace
  • Automotive
  • Construction
  • Electronics
  • Marine

Chemicals and Materials By Formulation Type (USD Million, 2025-2035)

  • Flexible
  • Rigid
  • Hybrid

Chemicals and Materials By Curing Mechanism (USD Million, 2025-2035)

  • Thermal Curing
  • UV Curing
  • Moisture Curing

Chemicals and Materials By Chemical Composition (USD Million, 2025-2035)

  • Bisphenol A
  • Bisphenol F
  • Novolac
  • Aliphatic
  • Aromatic
Infographic

Free Sample Request

Kindly complete the form below to receive a free sample of this Report

Get Free Sample

Related Reports

Regional Reports
Country Reports

Customer Strories

Customer Stories
Case Study
Aerospace & Defense
Future of Dismounted Soldier Systems Market Trends & Adoption Roadmap 2019–2035

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization ✓ ✓ ✓
Direct Access to Analyst ✓ ✓ ✓
Deliverable Format ✓ ✓ ✓
Platform Access ✗ ✗ ✓
Discount on Next Purchase 10% 15% 15%
Printable Versions ✗ ✗ ✓