Pro
03570105140USD Million20222023202420252026
Automotive
Building & Construction
Electrical & Electronics
Others
Chemicals & Materials
Global Thermoset Resin Market By End-Use Industry
| Label | Epoxy | Others | Phenolic | Unsaturated Polyester |
|---|---|---|---|---|
| 2022 | 105.5357 USD Million | 72.3318 USD Million | 92.3894 USD Million | 91.4021 USD Million |
| 2023 | 114.7109 USD Million | 77.9392 USD Million | 98.8893 USD Million | 98.1566 USD Million |
| 2024 | 123.7704 USD Million | 83.3218 USD Million | 104.9605 USD Million | 104.5564 USD Million |
| 2025 | 132.8538 USD Million | 88.5692 USD Million | 110.7115 USD Million | 110.7115 USD Million |
| 2026 | 141.5649 USD Million | 93.4144 USD Million | 115.8058 USD Million | 116.2869 USD Million |
| 2027 | 150.7098 USD Million | 98.3874 USD Million | 120.8984 USD Million | 121.9413 USD Million |
| 2028 | 160.0203 USD Million | 103.3022 USD Million | 125.7498 USD Million | 127.4388 USD Million |
| 2029 | 169.598 USD Million | 108.2172 USD Million | 130.4234 USD Million | 132.8474 USD Million |
| 2030 | 179.3776 USD Million | 113.0828 USD Million | 134.8512 USD Million | 138.1024 USD Million |
| 2031 | 189.3273 USD Million | 117.8728 USD Million | 138.9956 USD Million | 143.1683 USD Million |
| 2032 | 199.4096 USD Million | 122.559 USD Million | 142.818 USD Million | 148.0084 USD Million |
Data Source: Wantstats Repository
Growth Outlook
- The Global Thermoset Resin Market By Resin Type market is on a steady long-term growth path. Segment value stands at roughly USD 467 Million in 2026 and is projected to reach USD 613 Million by 2032 — a gain of about 31% over the forecast period, translating to a CAGR in the mid-single digits.
- What the regional split looks like (2026): Epoxy leads, holding roughly 30% of segment value — the single largest regional share. Unsaturated Polyester is the second-largest contributor. Phenolic and Others make up the remainder, in descending order.
- By 2032, Epoxy alone is expected to reach USD 199 Million, with Unsaturated Polyester at USD 148 Million.
Market Dynamics
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