High Performance Epoxy Market Report - Global Forecast till 2027

High-Performance Epoxy Market: Information by Grade (Industrial, Food, and Others), by End Use (Electronics, Packaging, Construction, Medical, Transportation, and Others), Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa)—Forecast till 2027

ID: MRFR/CnM/1630-HCR | February 2021 | Region: Global | 135 pages

High Performance Epoxy Market Overview


The High-performance epoxy market is expected to reach USD 15.23 billion by 2022 and expected to register a CAGR of over 5.83% during the forecast period.

High-performance epoxy provides high gloss and protection to concrete and rigid surfaces. Its features include chemical resistance, low odor, high film-build, and protection against oils, cleaners, fuels, solvents, and water. High-performance epoxy has wide application in manufacturing plants, pharmaceutical plants, warehouses, food processing areas, hospitals, industrial facilities, and garage floors. In May 2019, Polytek Development Corp, a leading manufacturer of specialty polymers, announced the expansion of its high performance epoxy production capacity at its plant located in the US to meet the growing demand across the globe.


High performance epoxy is produced using the formulation of various polymers, hardeners, and grade fillers for its application in floor coatings. The application of high performance epoxy in industrial and commercial flooring has increased on account of its ability to enhance the durability and aesthetics of the floor.  According to the European Coatings  Association, the global floor coatings market accounted for a share of around USD 1,630.87 million in 2015, which is expected to reach around USD 2,668.93 million by 2022. Technological advancements and high demand for floor coatings are expected to fuel the demand for high performance epoxy in floor coatings.


High performance epoxy is widely used in the electronics industries owing to the unique electrical and mechanical properties. It’s the ability to protect against chemicals, and high temperatures make it an ideal application for electrical components to protect against dust, short circuits, moisture, providing higher thermal conductivity than air. The growing consumer electronics industry, along with the rising affordability among the middle-class population, have increased the sale of electronics in developing countries. For instance, the Indian consumer electronics industry is expected to reach approximately USD 47 billion and register a CAGR of 13% by 2020. Moreover, increasing expenditure on smartphones with innovative and technologically advanced features coupled with growing per capita disposable income has resulted in the rising demand for durable and technologically advanced smartphones. This rise in smartphones production is expected to increase the demand for high performance epoxy during the forecast period.


Global High-Performance Epoxy Market Share, by Application, 2018 (%)


 High Performance Epoxy Market


Source: MRFR analysis


Regional Analysis


The global high-performance epoxy market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.


North America dominates the global high-performance epoxy market with a significant market share on account of the high demand from the construction and packaging industry in the region. The construction industry has been witnessing remarkable growth owing to strong public funding and construction of institution building, which is estimated to drive the demand for high-performance epoxy during the forecast period.


Europe high-performance epoxy market is driven by high demand from packaging and medical industries. The European packaging industry has been growing exponentially due to a shift in consumer focus from fresh food to packaged food products, particularly in the UK. High consumption of packaged food products is led by a change in eating habits and consumer lifestyle. Hence, high-performance epoxy coatings are increasingly being used for food packaging in the region, which is driving regional market growth.


The Asia-Pacific market is growing at remarkable space owing to growing construction activities in the region. In addition, the government of China and India have been focusing on the development of manufacturing sector which is favoring the growth of electronics and electrical industry thus driving the demand for high performance epoxy coatings in electronic products.


The Middle East & Africa and Latin America are expected to register a significant CAGR owing to the increasing demand from construction and medical industries.


Market Segmentation


The global high-performance epoxy market has been segmented on the basis of grade, end use, and region. Based on grade, the global market is segmented into industrial, food, and others. The industrial segment is the fastest growing segment, with over 80% market share.  The end use segment includes electronics, packaging, construction, medical, transportation, and others. The construction segment is estimated to witness a significant growth owing to increasing building and infrastructure activities across the globe, demanding greater proportion of high-performance epoxy in the industry.


Key Players


Some of the prominent players in the global high-performance epoxy market are Atul Ltd (India), The Euclid Chemical Company (US), Stentor Enterprises Limited (Kenya), Aditya Birla Group (India), Huntsman Corporation (US), Endura Manufacturing Company Ltd (US), Gougeon Brothers, Inc (US), and Alchemie Ltd (UK). Major industrial players are expanding production capacity to achieve a competitive advantage.

Industry Update

July 2019: ProMarine Supplies, a supplier of high-performance epoxy resins, recently acquired Polytek Development Corporation. Polytek recently added ProMarine’s high-performance epoxy resins to their line of specialty polymers.


Intended Audience



  • High performance epoxy manufacturers

  • Traders and distributors of high-performance epoxy chemicals

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 15.23 Billion
  CAGR   5.83% (2018-2022)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Grade, End User and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Atul Ltd (India), The Euclid Chemical Company (US), Stentor Enterprises Limited (Kenya), Aditya Birla Group (India), Huntsman Corporation (US), Endura Manufacturing Company Ltd (US), Gougeon Brothers, Inc (US), and Alchemie Ltd (UK)
  Key Market Opportunities   increasing expenditure on smartphones with innovative and technologically advancements
  Key Market Drivers

  • High demand for floor coating
  • Application of high performance epoxy in industrial and commercial flooring


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    Frequently Asked Questions (FAQ) :


    High Performance Epoxy Market is predicted to grow at 5.83 % through forecast period of 2018-2022.

    The forecast period for High Performance Epoxy Market research report is 2020-2027.

    Global High Performance Epoxy Market is dominated by APAC region.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Primary Research

    3.3 Secondary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Supply Chain Analysis

    4.1.1 Raw Material Suppliers

    4.1.2 Manufacturers/Producers

    4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

    4.1.4 End-Use Industry

    4.2 Porter’s Five Forces Analysis

    4.2.1 Threat of New Entrants

    4.2.2 Bargaining Power of Buyers

    4.2.3 Bargaining Power of Suppliers

    4.2.4 Threat of Substitutes

    4.2.5 Intensity of Competitive Rivalry

    5 Industry Overview of Global High-Performance Epoxy Market

    5.1 Introduction

    5.2 Drivers

    5.3 Restraints

    5.4 Opportunities

    5.5 Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7. Global High-Performance Epoxy Market, by Grade

    7.1 Introduction

    7.2 Industrial

    7.2.1. Market Estimates & Forecast, 2020–2027

    7.2.2. Market Estimates & Forecast, by Region, 2020–2027

    7.3 Food

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    7.4 Others

    7.4.1 Market Estimates & Forecast, 2020–2027

    7.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global High-Performance Epoxy Market, by End Use Industry

    8.1 Introduction

    8.2 Electronics

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3 Packaging

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8.4 Construction

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8.5 Medical

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Region, 2020–2027

    8.6 Transportation

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Region, 2020–2027

    8.7 Others

    8.7.1 Market Estimates & Forecast, 2020–2027

    8.7.2 Market Estimates & Forecast, by Region, 2020–2027

    9. Global High-Performance Epoxy Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020–2027

    9.2.2 Market Estimates & Forecast by Grade , 2020–2027

    9.2.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.2.6 US

    9.2.6.1 Market Estimates & Forecast, 2020–2027

    9.2.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.2.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.2.7 Canada

    9.2.7.1 Market Estimates & Forecast, 2020–2027

    9.2.7.2 Market Estimates & Forecast by Grade , 2020–2027

    9.2.7.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020–2027

    9.3.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.6 Germany

    9.3.6.1 Market Estimates & Forecast, 2020–2027

    9.3.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.7. France

    9.3.7.1 Market Estimates & Forecast, 2020–2027

    9.3.7.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.7.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.8 Italy

    9.3.8.1 Market Estimates & Forecast, 2020–2027

    9.3.8.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.8.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.9 Spain

    9.3.9.1 Market Estimates & Forecast, 2020–2027

    9.3.9.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.9.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.10 UK

    9.3.10.1 Market Estimates & Forecast, 2020–2027

    9.3.10.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.10.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020–2027

    9.3.9.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.9.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.12 Netherlands

    9.3.12.1 Market Estimates & Forecast, 2020–2027

    9.3.12.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.12.3 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.3.13 Rest of Europe

    9.3.13.1 Market Estimates & Forecast, 2020–2027

    9.3.13.2 Market Estimates & Forecast by Grade , 2020–2027

    9.3.13.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020–2027

    9.4.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.6 China

    9.4.6.1 Market Estimates & Forecast, 2020–2027

    9.4.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.7 India

    9.4.7.1 Market Estimates & Forecast, 2020–2027

    9.4.7.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.7.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.8 Japan

    9.4.8.1 Market Estimates & Forecast, 2020–2027

    9.4.8.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.8.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.9 Australia

    9.4.9.1 Market Estimates & Forecast, 2020–2027

    9.4.9.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.9.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.10 Malaysia

    9.4.10.1 Market Estimates & Forecast, 2020–2027

    9.4.10.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.10.5Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.9 South Korea

    9.4.9.1 Market Estimates & Forecast, 2020–2027

    9.4.9.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.9.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.4.12 Rest of Asia Pacific

    9.4.12.1 Market Estimates & Forecast, 2020–2027

    9.4.12.2 Market Estimates & Forecast by Grade , 2020–2027

    9.4.12.5Market Estimates & Forecast by End Use Industry, 2020–2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020–2027

    9.5.2 Market Estimates & Forecast by Grade , 2020–2027

    9.5.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.5.6 Saudi Arabia

    9.5.6.1 Market Estimates & Forecast, 2020–2027

    9.5.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.5.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.5.7 UAE

    9.5.7.1 Market Estimates & Forecast, 2020–2027

    9.5.7.2 Market Estimates & Forecast by Grade , 2020–2027

    9.5.7.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.5.8 Africa

    9.5.8.1 Market Estimates & Forecast, 2020–2027

    9.5.8.2 Market Estimates & Forecast by Grade , 2020–2027

    9.5.8.5Market Estimates & Forecast by End Use Industry, 2020–2027

    9.5.9 Rest of the Middle East & Africa

    9.5.9.1 Market Estimates & Forecast, 2020–2027

    9.5.9.2 Market Estimates & Forecast by Grade , 2020–2027

    9.5.9.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020–2027

    9.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020–2027

    9.6.4.2 Market Estimates & Forecast by Grade , 2020–2027

    9.6.4.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020–2027

    9.6.5.2 Market Estimates & Forecast by Grade , 2020–2027

    9.6.5.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020–2027

    9.6.6.2 Market Estimates & Forecast by Grade , 2020–2027

    9.6.6.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    9.6.7 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020–2027

    9.6.7.2 Market Estimates & Forecast by Grade , 2020–2027

    9.6.7.5 Market Estimates & Forecast by End Use Industry, 2020–2027

    10. Competitive Landscape

    10.1 Introduction

    10.2 Market Key Strategies

    10.3 Key Development Analysis Key Development Analysis (Expansions/Mergers & Acquisitions/Joint Ventures/New Grade Developments/Agreements/Investments)

    11. Company Profiles

    11.1 Atul Ltd

    11.1.1 Company Overview

    11.1.2 Financial Updates

    11.1.3 Grade /Business Segment Overview

    11.1.4 Key Developments

    11.1.5 SWOT Analysis

    11.1.6 Key Strategies

    11.2 The Euclid Chemical Company

    11.2.1 Company Overview

    11.2.2 Financial Updates

    11.2.3 Grade /Business Segment Overview

    11.2.4 Key Developments

    11.2.5 SWOT Analysis

    11.2.6 Key Strategies

    11.3 Stentor Enterprises Limited

    11.3.1 Company Overview

    11.3.2 Financial Updates

    11.3.3 Grade /Business Segment Overview

    11.3.4 Key Developments

    11.3.5 SWOT Analysis

    11.3.6 Key Strategies

    11.4 Aditya Birla Group

    11.4.1 Company Overview

    11.4.2 Financial Updates

    11.4.3 Grade /Business Segment Overview

    11.4.4 Key Developments

    11.4.5 SWOT Analysis

    11.4.6 Key Strategies

    11.5 Huntsman Corporation

    11.5.1 Company Overview

    11.5.2 Financial Updates

    11.5.3 Grade /Business Segment Overview

    11.5.4 Key Developments

    11.5.5 SWOT Analysis

    11.5.6 Key Strategies

    11.6 Endura Manufacturing Company Ltd

    11.6.1 Company Overview

    11.6.2 Financial Updates

    11.6.3 Grade /Business Segment Overview

    11.6.4 Key Developments

    11.6.5 SWOT Analysis

    11.6.6 Key Strategies

    11.7 Gougeon Brothers, Inc

    11.7.1 Company Overview

    11.7.2 Financial Updates

    11.7.3 Grade /Business Segment Overview

    11.7.4 Key Developments

    11.7.5 SWOT Analysis

    11.7.6 Key Strategies

    11.8 Alchemie Ltd

    11.8.1 Company Overview

    11.8.2 Financial Updates

    11.8.3 Grade /Business Segment Overview

    11.8.4 Key Developments

    11.8.5 SWOT Analysis

    11.8.6 Key Strategies

    12. Conclusion

    LIST OF TABLES

    Table 1 Global High-Performance Epoxy Market, by Region, 2020–2027

    Table 2 North America: High-Performance Epoxy Market, by Country, 2020–2027

    Table 3 Europe: High-Performance Epoxy Market, by Country, 2020–2027

    Table 4 Asia-Pacific: High-Performance Epoxy Market, by Country, 2020–2027

    Table 5 Middle East & Africa: High-Performance Epoxy Market, by Country, 2020–2027

    Table 6 Latin America: High-Performance Epoxy Market, by Country, 2020–2027

    Table 7 High-Performance Epoxy Grade Market, by Region, 2020–2027

    Table 8 North America: High-Performance Epoxy Grade Market, by Country, 2020–2027

    Table 9 Europe: High-Performance Epoxy Grade Market, by Country, 2020–2027

    Table 10 Asia-Pacific: High-Performance Epoxy Grade Market, by Country, 2020–2027

    Table 11 Middle East & Africa: High-Performance Epoxy Grade Market, by Country, 2020–2027

    Table 12 Latin America: High-Performance Epoxy Grade Market, by Country, 2020–2027

    Table 11 High-Performance Epoxy End Use Industry Market, by Region, 2020–2027

    Table 14 North America: High-Performance Epoxy End Use Industry Market, by Country, 2020–2027

    Table 15 Europe: High-Performance Epoxy End Use Industry Market, by Country, 2020–2027

    Table 16 Asia-Pacific: High-Performance Epoxy End Use Industry Market, by Country, 2020–2027

    Table 17 Middle East & Africa: High-Performance Epoxy End Use Industry Market, by Country, 2020–2027

    Table 18 Latin America: High-Performance Epoxy End Use Industry Market, by Country, 2020–2027

    Table 19 Global High-Performance Epoxy Grade Market, by Region, 2020–2027

    Table 20 Global High-Performance Epoxy End Use Industry Market, by Region, 2020–2027

    Table 21 North America: High-Performance Epoxy Market, by Country, 2020–2027

    Table 22 North America: High-Performance Epoxy Market, by Grade , 2020–2027

    Table 23 North America: High-Performance Epoxy Market, by End Use Industry, 2020–2027

    Table 24 Europe High-Performance Epoxy Market, by Country, 2020–2027

    Table 25 Europe High-Performance Epoxy Market, by Grade , 2020–2027

    Table 26 Europe High-Performance Epoxy Market, by End Use Industry, 2020–2027

    Table 27 Asia-Pacific High-Performance Epoxy Market, by Country, 2020–2027

    Table 28 Asia-Pacific High-Performance Epoxy Market, by Grade , 2020–2027

    Table 29 Asia-Pacific High-Performance Epoxy Market, by End Use Industry, 2020–2027

    Table 30 Middle East & Africa: High-Performance Epoxy Market, by Country, 2020–2027

    Table 31 Middle East & Africa: High-Performance Epoxy Market, by Grade , 2020–2027

    Table 32 Middle East & Africa: High-Performance Epoxy Market, by End Use Industry, 2020–2027

    Table 33 Latin America: High-Performance Epoxy Market, by Country, 2020–2027

    Table 34 Latin America: High-Performance Epoxy Market, by Grade , 2020–2027

    Table 35 Latin America: High-Performance Epoxy Market, by End Use Industry, 2020–2027

    LIST OF FIGURES

    FIGURE 1 High-Performance Epoxy Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of High-Performance Epoxy Market

    FIGURE 4 Supply Chain of High-Performance Epoxy Market

    FIGURE 5 Share of High-Performance Epoxy Market, by Country, 2020 (%)

    FIGURE 6 Global High-Performance Epoxy Market, 2020–2027

    FIGURE 7 Sub Segments of Grade

    FIGURE 9 High-Performance Epoxy Market size, by Grade , 2020 (%)

    FIGURE 10 Share of High-Performance Epoxy Market, by Grade , 2020–2027

    FIGURE 17 Sub Segments of End Use Industry

    FIGURE 18 High-Performance Epoxy Market size, by End Use Industry, 2020 (%)

    FIGURE 19 Share of High-Performance Epoxy Market, by End Use Industry, 2020–2027