| Product Code: ETC4789221 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to rely on imports of epoxy resins, with China, Greece, Poland, Thailand, and Slovenia being the top exporting countries. Despite the high concentration of market share, the industry experienced significant growth with a CAGR of 22.25% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -39.3%. This fluctuation indicates a dynamic market environment, highlighting the importance of monitoring trends and adapting strategies to navigate changes in the industry.

The epoxy resins market in Cyprus is growing due to their widespread use in coatings, adhesives, and composite materials. Their strength, flexibility, and resistance to chemicals make them ideal for various industrial applications, particularly in construction and automotive sectors.
The Epoxy Resins Market in Cyprus is experiencing growth due to the increasing demand for lightweight and durable materials in various applications, including automotive, electronics, and construction. The properties of epoxy resins, such as high adhesion strength and chemical resistance, make them ideal for use in composites and coatings. The rise in construction activities and infrastructure development also fuels the demand for epoxy resins in protective coatings and flooring solutions. Furthermore, innovations in epoxy formulations, including bio-based resins, enhance their sustainability appeal, driving market growth.
The epoxy resins market encounters challenges related to the demand for sustainable and eco-friendly products. As consumers increasingly prioritize environmentally friendly materials, manufacturers must invest in developing bio-based and low-emission resins. Additionally, fluctuations in the availability and pricing of raw materials can impact production costs and profit margins, requiring strategic supply chain management.
To foster innovation in the materials sector, the government promotes the epoxy resins market. Policies emphasize the importance of research and development in creating advanced epoxy formulations. Financial support is provided for manufacturers investing in eco-friendly production methods and high-performance epoxy resins that meet industry standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Epoxy Resins Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Epoxy Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Epoxy Resins Market - Industry Life Cycle |
3.4 Cyprus Epoxy Resins Market - Porter's Five Forces |
3.5 Cyprus Epoxy Resins Market Revenues & Volume Share, By Type? , 2021 & 2031F |
3.6 Cyprus Epoxy Resins Market Revenues & Volume Share, By Physical Form? , 2021 & 2031F |
3.7 Cyprus Epoxy Resins Market Revenues & Volume Share, By Application? , 2021 & 2031F |
3.8 Cyprus Epoxy Resins Market Revenues & Volume Share, By End User? , 2021 & 2031F |
4 Cyprus Epoxy Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Epoxy Resins Market Trends |
6 Cyprus Epoxy Resins Market Segmentations |
6.1 Cyprus Epoxy Resins Market, By Type? |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Epoxy Resins Market Revenues & Volume, By DGBEA, 2021-2031F |
6.1.3 Cyprus Epoxy Resins Market Revenues & Volume, By DGBEF, 2021-2031F |
6.1.4 Cyprus Epoxy Resins Market Revenues & Volume, By Novolac, 2021-2031F |
6.1.5 Cyprus Epoxy Resins Market Revenues & Volume, By Aliphatic, 2021-2031F |
6.1.6 Cyprus Epoxy Resins Market Revenues & Volume, By Glycidylamine, 2021-2031F |
6.1.7 Cyprus Epoxy Resins Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Epoxy Resins Market, By Physical Form? |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Epoxy Resins Market Revenues & Volume, By Solid, 2021-2031F |
6.2.3 Cyprus Epoxy Resins Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.4 Cyprus Epoxy Resins Market Revenues & Volume, By Solution, 2021-2031F |
6.3 Cyprus Epoxy Resins Market, By Application? |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Epoxy Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Cyprus Epoxy Resins Market Revenues & Volume, By Adhesives, 2021-2031F |
6.3.4 Cyprus Epoxy Resins Market Revenues & Volume, By Composites, 2021-2031F |
6.3.5 Cyprus Epoxy Resins Market Revenues & Volume, By Electronic Encapsulation & Others, 2021-2031F |
6.4 Cyprus Epoxy Resins Market, By End User? |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Epoxy Resins Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.4.3 Cyprus Epoxy Resins Market Revenues & Volume, By Transportation, 2021-2031F |
6.4.4 Cyprus Epoxy Resins Market Revenues & Volume, By General Industrial, 2021-2031F |
6.4.5 Cyprus Epoxy Resins Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.4.6 Cyprus Epoxy Resins Market Revenues & Volume, By Wind Power, 2021-2031F |
6.4.7 Cyprus Epoxy Resins Market Revenues & Volume, By Aerospace, 2021-2031F |
7 Cyprus Epoxy Resins Market Import-Export Trade Statistics |
7.1 Cyprus Epoxy Resins Market Export to Major Countries |
7.2 Cyprus Epoxy Resins Market Imports from Major Countries |
8 Cyprus Epoxy Resins Market Key Performance Indicators |
9 Cyprus Epoxy Resins Market - Opportunity Assessment |
9.1 Cyprus Epoxy Resins Market Opportunity Assessment, By Type? , 2021 & 2031F |
9.2 Cyprus Epoxy Resins Market Opportunity Assessment, By Physical Form? , 2021 & 2031F |
9.3 Cyprus Epoxy Resins Market Opportunity Assessment, By Application? , 2021 & 2031F |
9.4 Cyprus Epoxy Resins Market Opportunity Assessment, By End User? , 2021 & 2031F |
10 Cyprus Epoxy Resins Market - Competitive Landscape |
10.1 Cyprus Epoxy Resins Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Epoxy Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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