Construction Epoxy Market Trends and Forecast
The future of the global construction epoxy market looks promising with opportunities in the residential and commercial markets. The global construction epoxy market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing demand for durable and high-performance flooring solutions, growth in infrastructure projects globally, and rising adoption of green building materials and sustainable construction practices.
• Lucintel forecasts that pure epoxy is expected to witness the highest growth over the forecast period.
• Within this market, residential is expected to witness the higher growth.
• North America is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Epoxy Market
• United States: Several construction firms, including RPM International and Sherwin-Williams, are expanding their epoxy product lines to meet growing demand in infrastructure projects. The US government has allocated funds to support sustainable epoxy solutions in building rehabilitation.
• China: Sika AG and BASF SE are intensifying their R&D efforts for eco-friendly epoxy formulations to comply with ChinaÄX%$%Xs stringent environmental regulations. The Chinese government aims to promote epoxy use in high-speed rail infrastructure, setting ambitious targets for epoxy adoption in construction by 2025.
• India: Pidilite Industries and Asian Paints are focusing on introducing cost-effective epoxy solutions for residential and commercial construction projects. The Indian governmentÄX%$%Xs infrastructure development plans include incentives for local manufacturers to boost epoxy production capacity and enhance product quality standards.
• Germany: Evonik Industries and Henkel AG are investing in advanced epoxy technologies for energy-efficient building materials. GermanyÄX%$%Xs government initiatives aim to reduce carbon emissions through the promotion of sustainable construction practices, encouraging the adoption of epoxy-based solutions in building insulation and renovation projects.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Epoxy Market by Segment
The study includes a forecast for the global construction epoxy market by type, application, and region.
Construction Epoxy Market by Type [Value from 2018 to 2030]:
• Pure Epoxy
• Polyester Resins
• Epoxy Acrylates
• Others
Construction Epoxy Market by Application [Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Construction Epoxy Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Epoxy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction epoxy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction epoxy companies profiled in this report include-
• United Resin
• BJB Enterprises
• Anti-Seize Technology
• Copps Industries
• Innovative Resin Systems
• EverGlow NA
• Protection Engineering
Recent Development in the Construction Epoxy Market
• BASF SE: BASF has launched a new range of sustainable epoxy resins aimed at reducing carbon footprint in construction applications, emphasizing high performance and environmental responsibility.
• Henkel AG & Co. KGaA: Henkel has introduced a series of epoxy adhesives tailored for advanced composite materials in construction, targeting lightweight and durable building solutions.
• Sika AG: Sika has expanded its epoxy product line with formulations designed for rapid curing and enhanced bonding strength, catering to the growing demand for efficient construction adhesives.
• H.B. Fuller Company: H.B. Fuller has announced strategic partnerships to integrate smart technology into their epoxy solutions, enabling real-time monitoring of structural integrity and performance in construction projects.
• 3M Company: 3M has introduced a next-generation epoxy resin system with improved thermal and mechanical properties, addressing the need for high-performance materials in demanding construction environments.
Features of the Global Construction Epoxy Market
Market Size Estimates: Construction epoxy market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction epoxy market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction epoxy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction epoxy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction epoxy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction epoxy market?
Answer: The global construction epoxy market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction epoxy market?
Answer: The major drivers for this market are increasing demand for durable and high-performance flooring solutions, growth in infrastructure projects globally, and rising adoption of green building materials and sustainable construction practices.
Q3. What are the major segments for construction epoxy market?
Answer: The future of the construction epoxy market looks promising with opportunities in the residential and commercial markets.
Q4. Who are the key construction epoxy market companies?
Answer: Some of the key construction epoxy companies are as follows:
• United Resin
• BJB Enterprises
• Anti-Seize Technology
• Copps Industries
• Innovative Resin Systems
• EverGlow NA
• Protection Engineering
Q5. Which construction epoxy market segment will be the largest in future?
Answer: Lucintel forecasts that pure epoxy is expected to witness the highest growth over the forecast period.
Q6. In construction epoxy market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction epoxy market by type (pure epoxy, polyester resins, epoxy acrylates, and others), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Epoxy Market, Construction Epoxy Market Size, Construction Epoxy Market Growth, Construction Epoxy Market Analysis, Construction Epoxy Market Report, Construction Epoxy Market Share, Construction Epoxy Market Trends, Construction Epoxy Market Forecast, Construction Epoxy Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.