India Epoxy Market (2025-2031) Outlook | Value, Trends, Industry, Forecast, Size, Share, Analysis, Growth, Revenue & Companies
Market Forecast By Type (Liquid, Solid & Solution), By Application (Construction, Automotive & transportation, Electrical & electronics, General industrial, Wind, Marine, Aerospace, Consumer goods) And Competitive Landscape
| Product Code: ETC4517725 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India Epoxy Market Import Shipment Trend (2020-2024)
The India epoxy market import shipment depicted strong growth momentum with a CAGR of 20.1% from 2020 to 2024. However, the growth rate between 2023 and 2024 slowed to 3.2%. Overall, the market expanded significantly over the period, with a slight moderation in growth towards the end.
India Epoxy Market Overview
The India Epoxy market is growing due to the versatile applications of epoxy resins in various industries. Epoxy resins are used in adhesives, coatings, composites, and electronic components. Their durability and strong bonding properties make them essential in construction, automotive, and electronics. The market`s growth is closely tied to infrastructure development and technological advancements.
Drivers of the Market
The India epoxy market is driven by a combination of factors. Epoxy resins are widely used in various applications, such as adhesives, coatings, and composites, due to their superior strength and versatility. The growth of the construction and infrastructure sectors in India is a significant driver, as epoxy coatings are essential for protecting structures from corrosion and wear. Additionally, the automotive industry`s expansion, coupled with the demand for lightweight, high-performance materials, has boosted the use of epoxy-based composites. Environmental regulations favoring low volatile organic compound (VOC) materials have also driven the shift towards waterborne epoxy resins.
Challenges of the Market
The epoxy market in India is confronted with issues related to environmental regulations and health concerns. Epoxy production often involves the use of hazardous chemicals, and stricter environmental regulations require manufacturers to invest in cleaner and safer production processes.
COVID-19 Impact on the Market
The India Epoxy market faced disruptions due to COVID-19 as manufacturing activities slowed down and construction projects were delayed. The market`s recovery was linked to the revival of construction and infrastructure projects, making it dependent on government initiatives and economic recovery plans.
Key Players in the Market
In the epoxy market, significant players like Huntsman International (India) Pvt. Ltd and Atul Ltd operate in India. These companies produce and supply epoxy resins used in diverse applications including coatings, adhesives, and electronics, contributing to the growth of the India epoxy market.
Key Highlights of the Report:
- India Epoxy Market Outlook
- Market Size of India Epoxy Market, 2024
- Forecast of India Epoxy Market, 2031
- Historical Data and Forecast of India Epoxy Revenues & Volume for the Period 2021-2031
- India Epoxy Market Trend Evolution
- India Epoxy Market Drivers and Challenges
- India Epoxy Price Trends
- India Epoxy Porter's Five Forces
- India Epoxy Industry Life Cycle
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Liquid for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Solid & Solution for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Automotive & transportation for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Electrical & electronics for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By General industrial for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Wind for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Marine for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Aerospace for the Period 2021-2031
- Historical Data and Forecast of India Epoxy Market Revenues & Volume By Consumer goods for the Period 2021-2031
- India Epoxy Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- India Epoxy Top Companies Market Share
- India Epoxy Competitive Benchmarking By Technical and Operational Parameters
- India Epoxy Company Profiles
- India Epoxy Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Epoxy Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Epoxy Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Epoxy Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Epoxy Market Revenues & Volume, 2021 & 2031F |
3.3 India Epoxy Market - Industry Life Cycle |
3.4 India Epoxy Market - Porter's Five Forces |
3.5 India Epoxy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Epoxy Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Epoxy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India |
4.2.2 Growing demand for epoxy coatings in automotive and industrial sectors |
4.2.3 Rising investments in the construction industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Stringent environmental regulations regarding epoxy production and usage |
4.3.3 Intense competition from alternative materials |
5 India Epoxy Market Trends |
6 India Epoxy Market, By Types |
6.1 India Epoxy Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Epoxy Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Epoxy Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 India Epoxy Market Revenues & Volume, By Solid & Solution, 2021-2031F |
6.2 India Epoxy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Epoxy Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 India Epoxy Market Revenues & Volume, By Automotive & transportation, 2021-2031F |
6.2.4 India Epoxy Market Revenues & Volume, By Electrical & electronics, 2021-2031F |
6.2.5 India Epoxy Market Revenues & Volume, By General industrial, 2021-2031F |
6.2.6 India Epoxy Market Revenues & Volume, By Wind, 2021-2031F |
6.2.7 India Epoxy Market Revenues & Volume, By Marine, 2021-2031F |
6.2.8 India Epoxy Market Revenues & Volume, By Consumer goods, 2021-2031F |
6.2.9 India Epoxy Market Revenues & Volume, By Consumer goods, 2021-2031F |
7 India Epoxy Market Import-Export Trade Statistics |
7.1 India Epoxy Market Export to Major Countries |
7.2 India Epoxy Market Imports from Major Countries |
8 India Epoxy Market Key Performance Indicators |
8.1 Adoption rate of epoxy products in new industries or applications |
8.2 Rate of innovation in epoxy technology and products |
8.3 Growth in demand for eco-friendly epoxy solutions |
9 India Epoxy Market - Opportunity Assessment |
9.1 India Epoxy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Epoxy Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Epoxy Market - Competitive Landscape |
10.1 India Epoxy Market Revenue Share, By Companies, 2024 |
10.2 India Epoxy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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