Global Epoxy Coatings Market Size study, By Technology (Waterborne, Solvent Borne, Powder-Based), By Application (Construction, Adhesives, Transportation, Paints and Coatings, General Industrial, Electrical and Electronics, Others), and Regional Forecasts 2022-2028
Global Epoxy Coatings Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Epoxy Coatings or Waterproofing Coating can be defined as a coating compound which comprised of two elements like an epoxy resin and a polyamine hardener (or catalyst). Epoxy floor coatings are largely used in commercial and industrial floorings. Epoxy coating help in protecting concrete and steel from chemical and mechanical attack. It is also used as a bonding agent, a decorative addition, and to create an anti-slip surface. Growing Construction Sector and increasing industrial applications of Epoxy Coatings as well as product innovation from leading market players are key factor driving the growth for Epoxy Coatings Market. For instance, according to Oxford Economics – in 2020, worldwide construction output was estimated at USD 10.7 trillion and as per projection the amount is estimated to reach to USD 15.2 trillion by 2030. Furthermore, In March 2022, Pennsylvania, US based PPG Industries, Inc. launched a new product called PPG AMERLOCK 600 multipurpose epoxy coating. This new coating can dry within 1.5 hours of application and can be overcoated after four hours. Also, growing R&D activities towards new coating development and increasing demand for energy efficient green buildings are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, availability of substitute and negative impact of pandemic on construction sector impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Epoxy Coatings Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing number of construction activities and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising infrastructure development and rapid industrialization in the region , would create lucrative growth prospects for the Epoxy Coatings Market across the Asia Pacific region.
Major market players included in this report are:
BASF SE (Germany)
AkzoNobel N.V. (Netherlands)
PPG Industries (U.S.)
Valspar (U.S.)
The Sherwin-Williams Company (US)
Axalta Coating Systems LLC (US)
Berger Paints India Limited (India)
Nippon (India) Paint Company Limited (India)
KANSAI PAINT CO., LTD (Japan)
RPM International (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets
for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Waterborne
Solvent Borne
Powder-Based
By Application
Construction
Adhesives
Transportation
Paints and Coatings
General Industrial
Electrical and Electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Epoxy Coatings Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
BASF SE (Germany)
AkzoNobel N.V. (Netherlands)
PPG Industries (U.S.)
Valspar (U.S.)
The Sherwin-Williams Company (US)
Axalta Coating Systems LLC (US)
Berger Paints India Limited (India)
Nippon (India) Paint Company Limited (India)
KANSAI PAINT CO., LTD (Japan)
RPM International (US)
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook