India Epoxy Resins Market Size to Reach 473.5 Kilotons by 2035

According to Market Research Future®, the India Epoxy Resins Market reached an estimated 238.5 kilotons in 2025 and is projected to grow to 255.4 kilotons in 2026 before reaching approximately 473.5 kilotons by 2035, registering a CAGR of 7.1% during the forecast period. Rising infrastructure investments, increasing demand from electrical and electronics manufacturing, and expanding renewable energy installations continue driving market growth. Government initiatives supporting domestic manufacturing and advanced chemical production are further strengthening long-term industry prospects.

Market Overview

Epoxy resins are high-performance thermosetting polymers widely used across paints and coatings, adhesives, composites, electrical insulation, construction materials, and industrial manufacturing. Their excellent mechanical strength, corrosion resistance, chemical stability, and strong adhesion make them essential materials in numerous high-value applications.

India's expanding industrial base, urban infrastructure development, and manufacturing growth continue increasing epoxy resin consumption across construction, automotive, electronics, renewable energy, and heavy engineering sectors. Investments under the National Infrastructure Pipeline and Production-Linked Incentive (PLI) schemes are creating sustained demand for advanced resin systems used in structural protection and industrial applications.

Manufacturers are also investing in bio-based formulations, improved production technologies, and environmentally responsible manufacturing processes to address evolving sustainability requirements.

Market Size

The India epoxy resins market is projected to increase from 255.4 kilotons in 2026 to approximately 473.5 kilotons by 2035.

Rapid industrialization and infrastructure development continue supporting market expansion.

Market Drivers

Infrastructure spending increases epoxy resin demand.

Electronics manufacturing supports advanced material consumption.

Renewable energy installations strengthen composite applications.

Market Segmentation

The market is segmented by raw material into DGBEA (Bisphenol A and ECH), DGBEF (Bisphenol F and ECH), Novolac, Aliphatic, Glycidylamine, and other raw materials.

Applications include paints and coatings, adhesives and sealants, composites, electrical and electronics, and other industrial applications.

Paints and coatings remain one of the largest application segments due to growing infrastructure and industrial maintenance activities.

Competitive Landscape

Leading companies including Aditya Birla Chemicals, Atul Ltd, Huntsman Corporation, BASF SE, Dow Inc., and Kukdo Chemicals continue investing in production expansion, sustainable resin technologies, product innovation, and strategic partnerships to strengthen their market positions.