The Global Alicyclic Epoxy Market was valued at USD 1.12 Billion in 2023 and is projected to reach USD 1.68 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2029). This robust growth is primarily driven by escalating demand for high-performance, weather-resistant coatings in the electronics and automotive sectors, alongside the increasing adoption of advanced composite materials in aerospace and wind energy applications.

As industries worldwide seek more durable, lightweight, and environmentally stable material solutions, the unique properties of alicyclic epoxies—such as superior UV resistance, high glass transition temperatures, and excellent electrical insulation—are becoming increasingly critical. In this blog, we profile the Top 10 Companies in the Alicyclic Epoxy Industry, highlighting the chemical innovators and material science leaders who are setting the benchmark for performance and sustainability.

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🔟 1. Daicel Corporation

Headquarters: Osaka, Japan
Key Offering: Celoxide™ alicyclic epoxy resins

Daicel Corporation is a global leader in the production of specialty chemicals, with its Celoxide™ series representing some of the most advanced alicyclic epoxy resins available. These resins are renowned for their low viscosity, high reactivity, and exceptional weatherability, making them ideal for LED encapsulation, electronic laminates, and high-performance composite materials.

Innovation & Sustainability Focus:

• Development of bio-based and halogen-free epoxy resin variants

• Strategic R&D investments to enhance thermal and mechanical properties

• Commitment to reducing the environmental footprint of chemical production processes

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9️⃣ 2. Hexion Inc.

Headquarters: Columbus, Ohio, USA
Key Offering: EPALLOY™ alicyclic epoxy resins

Hexion is a prominent global player in thermoset resins, and its EPALLOY™ range of cycloaliphatic epoxy resins is specifically engineered for applications demanding superior resistance to tracking and erosion. These resins are widely used in electrical insulation, outdoor power equipment, and high-voltage switchgear.

Innovation & Sustainability Focus:

• Focus on formulations for the fast-growing electric vehicle (EV) battery component market

• Development of low-VOC (Volatile Organic Compound) systems for compliant coatings

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8️⃣ 3. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Araldite® alicyclic epoxy systems

Huntsman’s Advanced Materials division offers a comprehensive portfolio of epoxy-based products, including specialized alicyclic formulations under the Araldite® brand. These products provide excellent performance in harsh environments and are critical for composite tooling, industrial flooring, and protective coatings.

Innovation & Sustainability Focus:

• Investment in sustainable epoxy hardeners and resin systems

• Expansion of product lines to serve renewable energy infrastructure, such as wind turbine blades

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7️⃣ 4. Nagase & Co., Ltd. (operating as Chembridge International)

Headquarters: Tokyo, Japan / Chicago, Illinois, USA
Key Offering: Specialty alicyclic epoxy monomers and diluents

Through its Chembridge International division, Nagase is a key supplier of high-purity alicyclic epoxy monomers and reactive diluents. These products are essential for formulators seeking to modify the viscosity and enhance the final properties of advanced epoxy systems for electronics and optics.

Innovation & Sustainability Focus:

• Specialization in high-purity, custom-synthesized intermediates for the electronics industry

• Focus on developing materials with improved processing characteristics and reduced environmental impact

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6️⃣ 5. Aditya Birla Chemicals (Part of Grasim Industries)

Headquarters: Mumbai, India
Key Offering: Epotec® alicyclic epoxy resins

Aditya Birla Chemicals is a major force in the Asian epoxy market. Its Epotec® brand includes alicyclic epoxy resins that cater to the growing demand for corrosion-resistant coatings, flooring compounds, and electrical casting applications across India and Southeast Asia.

Innovation & Sustainability Focus:

• Expansion of manufacturing capacity to meet regional demand

• Investment in water-based and sustainable epoxy formulations

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5️⃣ 6. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty silicone-epoxy hybrid materials

While Shin-Etsu is best known as a global leader in silicon products, it also develops sophisticated hybrid materials that incorporate epoxy chemistry. Its expertise in silicones allows it to create unique alicyclic-epoxy-silicone hybrids that offer unparalleled thermal stability and flexibility for demanding applications in electronics.

Innovation & Sustainability Focus:

• Pioneering research in hybrid materials for next-generation semiconductor packaging

• Commitment to developing environmentally friendly materials for a circular economy

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4️⃣ 7. Japan Material Technologies Corporation (JMTC)

Headquarters: Tokyo, Japan
Key Offering: High-performance alicyclic epoxy hardeners and curing agents

JMTC specializes in the development and supply of advanced curing agents that are critical for unlocking the full performance potential of alicyclic epoxy resins. Their products enable fast curing cycles and enhance the heat resistance and mechanical strength of the final cured product.

Innovation & Sustainability Focus:

• Focus on anhydride and amine-based hardeners tailored for cycloaliphatic epoxies

• R&D aimed at lowering curing temperatures to save energy in manufacturing processes

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3️⃣ 8. Nantong Synasia New Material Co., Ltd.

Headquarters: Nantong, Jiangsu, China
Key Offering: Custom-synthesized alicyclic epoxy resins and intermediates

Nantong Synasia is an emerging Chinese manufacturer focused on the research, development, and production of fine chemicals, including a range of alicyclic epoxy compounds. The company serves both domestic and international markets, offering competitive alternatives for various industrial applications.

Innovation & Sustainability Focus:

• Rapid scaling of production capabilities to capture market share

• Investment in green chemistry initiatives to improve production efficiency

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Alicyclic Epoxy Market – View in Detailed Research Report

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2️⃣ 9. ENEOS Corporation

Headquarters: Tokyo, Japan
Key Offering: Alicyclic epoxy derivatives for electronic materials

As one of Japan’s largest petroleum companies, ENEOS has a diversified materials portfolio that includes high-purity chemical intermediates. Its involvement in the alicyclic epoxy space is primarily through the supply of critical raw materials and derivatives used in the production of electronic-grade resins and adhesives.

Innovation & Sustainability Focus:

• Leveraging petrochemical expertise to ensure a stable supply chain for high-purity feedstocks

• Exploring pathways for bio-based aromatic and alicyclic chemical production

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1️⃣ 10. Emerald Performance Materials

Headquarters: Cuyahoga Falls, Ohio, USA
Key Offering: QUATRACURE® and other specialty curing agents for epoxies

Emerald Performance Materials is a leading global supplier of specialty chemicals, including a range of products that complement alicyclic epoxy resins. Its QUATRACURE® latent curing agents are particularly effective with cycloaliphatic epoxies, enabling stable one-component systems for coatings and composites.

Innovation & Sustainability Focus:

• Development of non-toxic and sustainable accelerator systems

• Focus on creating formulations that meet stringent regulatory standards for food-contact and consumer applications

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🌍 Outlook: The Future of Alicyclic Epoxies is High-Performance and Sustainable

The alicyclic epoxy market is evolving rapidly, transitioning from a niche segment to a critical enabler for multiple high-tech industries. While conventional epoxies still hold significant market share, the demand for materials that can withstand extreme conditions is pushing innovation toward advanced cycloaliphatic chemistries.

📈 Key Trends Shaping the Market:

• Electrification of Transportation: Booming demand for high-voltage insulation and thermally stable encapsulants in electric vehicles and charging infrastructure.

• Growth in Renewable Energy: Increased use in composite materials for longer, more durable wind turbine blades and solar panel framing systems.

• Miniaturization in Electronics: Critical role in advanced semiconductor packaging and printed circuit boards that require low dielectric loss and high thermal reliability.

• Sustainability Mandates: Intensifying R&D into bio-based alicyclic epoxy raw materials and recycling technologies for thermoset composites.

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Alicyclic Epoxy Market – View in Detailed Research Report

The companies leading the alicyclic epoxy market are not just supplying chemicals—they are providing the material foundations for technological advancement across a cleaner, more connected, and more efficient global economy.