North America Epoxy Coating Market Size, Share & Trends Analysis Report By Technology (Solvent-based, Water-based and Powder-based), By Application (Building & Construction, Transportation, Industrial and Others), By Country and Growth Forecast, 2024 - 20

North America Epoxy Coating Market Size, Share & Trends Analysis Report By Technology (Solvent-based, Water-based and Powder-based), By Application (Building & Construction, Transportation, Industrial and Others), By Country and Growth Forecast, 2024 - 2031


The North America Epoxy Coating Market would witness market growth of 4.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 328.1 Kilo Tonnes, showcasing a growth of 19.4% (2020-2023).

Solvent-based epoxy coatings have been a staple in the market for decades due to their excellent adhesion, durability, and versatility. These coatings use organic solvents as carriers for the epoxy resin and curing agents, allowing for quick drying and high film build. They are widely used in industrial and commercial applications, including automotive, marine, and infrastructure projects, where performance and durability are paramount. Hence, the total demand of Solvent-based products in the US Market was 153.8 Kilo Tonnes in 2023.

The US market dominated the North America Epoxy Coating Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,279 million by 2031. The Canada market is experiencing a CAGR of 6.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.3% during (2024 - 2031).

The market refers to the industry producing, distributing, and applying epoxy-based coating systems. Epoxy coatings are two-component systems consisting of epoxy resins and curing agents that chemically react to form a tough, durable, and protective layer when applied to surfaces. The market encompasses many industries and applications where these coatings are utilized for surface protection, enhancement, and decoration.

Epoxy coatings are used in various sectors and applications because of their outstanding qualities and adaptability. For example, they are widely used in the construction industry for protective and decorative purposes. These enhance the durability and longevity of infrastructure, making them ideal for harsh environments such as highways, airports, and marine structures.

Rising investment in commercial and industrial construction projects in Canada, including office buildings, retail centers, warehouses, and manufacturing facilities, drives demand for these coatings for flooring, walls, and protective coatings. Similarly, the residential construction sector in Canada benefits from increased investment in housing developments, renovation projects, and infrastructure upgrades. Thus, the rising construction activities and increasing regional infrastructure development drive the market’s growth.

Based on Technology, the market is segmented into Solvent-based, Water-based and Powder-based. Based on Application, the market is segmented into Building & Construction, Transportation, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Akzo Nobel N.V.
  • Axalta Coating Systems Ltd.
  • Endura Manufacturing Company Ltd.
  • Kansai Paint Co., Ltd.
  • PPG Industries, Inc.
  • RPM International, Inc.
  • The Sherwin-Williams Company
  • Thermal-Chem Corporation
  • BASF SE
  • Berger Paints India Limited
North America Epoxy Coating Market Report Segmentation

By Technology (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Solvent-based
  • Water-based
  • Powder-based
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Building & Construction
  • Transportation
  • Industrial
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Epoxy Coating Market, by Technology
1.4.2 North America Epoxy Coating Market, by Application
1.4.3 North America Epoxy Coating Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Expansion
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep – 2024, Apr) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. North America Epoxy Coating Market by Technology
5.1 North America Solvent-based Market by Country
5.2 North America Water-based Market by Country
5.3 North America Powder-based Market by Country
Chapter 6. North America Epoxy Coating Market by Application
6.1 North America Building & Construction Market by Country
6.2 North America Transportation Market by Country
6.3 North America Industrial Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Epoxy Coating Market by Country
7.1 US Epoxy Coating Market
7.1.1 US Epoxy Coating Market by Technology
7.1.2 US Epoxy Coating Market by Application
7.2 Canada Epoxy Coating Market
7.2.1 Canada Epoxy Coating Market by Technology
7.2.2 Canada Epoxy Coating Market by Application
7.3 Mexico Epoxy Coating Market
7.3.1 Mexico Epoxy Coating Market by Technology
7.3.2 Mexico Epoxy Coating Market by Application
7.4 Rest of North America Epoxy Coating Market
7.4.1 Rest of North America Epoxy Coating Market by Technology
7.4.2 Rest of North America Epoxy Coating Market by Application
Chapter 8. Company Profiles
8.1 Akzo Nobel N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.1.6 SWOT Analysis
8.2 Axalta Coating Systems Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Endura Manufacturing Company Ltd.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Kansai Paint Co., Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 SWOT Analysis
8.5 PPG Industries, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 RPM International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 The Sherwin-Williams Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Thermal-Chem Corporation
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 BASF SE
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.6 SWOT Analysis
8.10. Berger Paints India Limited
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Product Launches and Product Expansions:
8.10.5 SWOT Analysis

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