| Product Code: ETC4510165 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India`s waterborne epoxy resin import market in 2024 continued to see significant growth, with a CAGR of 15.62% from 2020 to 2024. Top exporting countries to India included Thailand, South Korea, China, Germany, and Japan. Despite the increasing imports, the market concentration, as measured by the HHI, remained at a moderate level in 2024. The growth rate from 2023 to 2024 was noted at 2.99%, indicating a steady expansion of the market. The thriving import shipments reflect the demand for waterborne epoxy resin in various industries across India.
Waterborne epoxy resins are gaining traction in India due to their eco-friendly and low-VOC characteristics. This market is growing as industries seek sustainable alternatives to solvent-based resins. The construction, automotive, and industrial coatings sectors are key drivers of this trend.
The India waterborne epoxy resin market is witnessing steady growth due to several key drivers. Environmental concerns and stringent regulations related to volatile organic compounds (VOCs) have prompted a shift from solvent-based to waterborne epoxy resins. This transition aligns with the global push for sustainable and eco-friendly products. Waterborne epoxy resins are considered a more environmentally friendly alternative, as they have lower VOC emissions. Additionally, the construction and automotive sectors are driving demand for waterborne epoxy resins as they seek durable, corrosion-resistant coatings and adhesives. Furthermore, the growth of the India infrastructure sector and the increasing demand for protective coatings and adhesives in various industries are bolstering the market. Overall, the India waterborne epoxy resin market is set to continue growing as environmental concerns and industry requirements push for greener and more sustainable solutions.
Challenges include the need to improve the performance and durability of waterborne epoxy resins to match solvent-based options. Waterborne products must also meet stringent environmental regulations.
The waterborne epoxy resin market`s growth could have been influenced by environmental considerations and the shift towards water-based coatings. The market may have seen steady demand, particularly in the construction and coatings sectors.
Key players in the India waterborne epoxy resin market are Huntsman Corporation, Hexion, Aditya Birla Chemicals, and DIC Corporation. These companies specialize in manufacturing waterborne epoxy resins used in coatings, adhesives, and other applications, offering environmentally friendly alternatives to traditional solvent-based resins.
| 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 Waterborne Epoxy Resin Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Waterborne Epoxy Resin Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Waterborne Epoxy Resin Market - Industry Life Cycle | 
| 3.4 India Waterborne Epoxy Resin Market - Porter's Five Forces | 
| 3.5 India Waterborne Epoxy Resin Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 India Waterborne Epoxy Resin Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.7 India Waterborne Epoxy Resin Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F | 
| 4 India Waterborne Epoxy Resin Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing awareness about environmentally friendly products | 
| 4.2.2 Increasing demand for waterborne coatings in construction and infrastructure projects | 
| 4.2.3 Government regulations promoting the use of waterborne epoxy resins | 
| 4.3 Market Restraints | 
| 4.3.1 High initial cost of waterborne epoxy resins compared to solvent-based alternatives | 
| 4.3.2 Limited availability of raw materials for waterborne epoxy resin production | 
| 4.3.3 Challenges in achieving the same level of performance as solvent-based epoxy resins | 
| 5 India Waterborne Epoxy Resin Market Trends | 
| 6 India Waterborne Epoxy Resin Market, By Types | 
| 6.1 India Waterborne Epoxy Resin Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Waterborne Epoxy Resin Market Revenues & Volume, By Type, 2021-2031F | 
| 6.1.3 India Waterborne Epoxy Resin Market Revenues & Volume, By High Molecular Weight, 2021-2031F | 
| 6.1.4 India Waterborne Epoxy Resin Market Revenues & Volume, By Low Molecular Weight, 2021-2031F | 
| 6.2 India Waterborne Epoxy Resin Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Waterborne Epoxy Resin Market Revenues & Volume, By Coatings, 2021-2031F | 
| 6.2.3 India Waterborne Epoxy Resin Market Revenues & Volume, By Adhesives, 2021-2031F | 
| 6.2.4 India Waterborne Epoxy Resin Market Revenues & Volume, By Composites, 2021-2031F | 
| 6.3 India Waterborne Epoxy Resin Market, By End Use Industry | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 India Waterborne Epoxy Resin Market Revenues & Volume, By Construction, 2021-2031F | 
| 6.3.3 India Waterborne Epoxy Resin Market Revenues & Volume, By Automotive, 2021-2031F | 
| 6.3.4 India Waterborne Epoxy Resin Market Revenues & Volume, By Textile, 2021-2031F | 
| 6.3.5 India Waterborne Epoxy Resin Market Revenues & Volume, By Packaging, 2021-2031F | 
| 6.3.6 India Waterborne Epoxy Resin Market Revenues & Volume, By Furniture, 2021-2031F | 
| 7 India Waterborne Epoxy Resin Market Import-Export Trade Statistics | 
| 7.1 India Waterborne Epoxy Resin Market Export to Major Countries | 
| 7.2 India Waterborne Epoxy Resin Market Imports from Major Countries | 
| 8 India Waterborne Epoxy Resin Market Key Performance Indicators | 
| 8.1 Research and development investment in waterborne epoxy resin technology | 
| 8.2 Adoption rate of waterborne epoxy resins in key industries | 
| 8.3 Number of new applications for waterborne epoxy resins developed | 
| 8.4 Environmental certifications obtained for waterborne epoxy resin products | 
| 8.5 Percentage of market share held by waterborne epoxy resins in the overall epoxy resin market | 
| 9 India Waterborne Epoxy Resin Market - Opportunity Assessment | 
| 9.1 India Waterborne Epoxy Resin Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 India Waterborne Epoxy Resin Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.3 India Waterborne Epoxy Resin Market Opportunity Assessment, By End Use Industry, 2021 & 2031F | 
| 10 India Waterborne Epoxy Resin Market - Competitive Landscape | 
| 10.1 India Waterborne Epoxy Resin Market Revenue Share, By Companies, 2024 | 
| 10.2 India Waterborne Epoxy Resin Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |