Economic Benefits of Epoxy Resins in North America

Colleen Stevens

Executive Summary

The epoxy resin industry makes significant and extensive contributions to the North American economy. In 2018, the U.S. epoxy resin industry generated a total of $3.0 billion in output, supported more than 6,850 jobs, and more than $405 million in annual salaries and wages. Although these supply and upstream economics benefits are largely limited to the United States, downstream customer benefits accrue to all of North America.

Although North America represents a large, integrated market for epoxy resins, the polymer is only produced in the United States. The U.S. epoxy resin industry has $954 million in shipments and employs nearly 700 workers in six states, with an annual payroll of $71 million.

Epoxy Resins are Key Components for Industry

Moreover, the economic contributions of epoxy resins extend downstream to customers. Epoxy resins are essential inputs in coatings, composites, adhesives and sealants, and other products used in energy, food and water, transportation, home and leisure, and construction, supporting $3.2 trillion in downstream economic output and 16.4 million workers in downstream North American customer industries. 

The contributions of the epoxy resin industry go well beyond its direct economic footprint. For every job in the epoxy resin industry, an additional 10.0 jobs are generated elsewhere in the U.S. economy, a total of $3.0 billion in output and more than 6,850 jobs with a payroll of $406 million. 

We use cookies to personalize content and ads, to provide social media features, and to analyze our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.

Privacy Policy - Terms & Conditions