Global Organic Zinc Rich Primer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Organic Zinc Rich Primer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Organic zinc rich primer contains metallic zinc particles encapsulated in a variety of resins, the most common being epoxy resin. They are used as primers in multi-coat systems, providing outstanding protection to steel surfaces in a wide range of environments.
The cost-effectiveness, ease of application, effectiveness as a barrier to salts, water and oxygen and high bond strength to blast cleaned steel of organic zinc-rich primers makes them excellent choices in corrosion protection.

Market Overview:

The latest research study on the global Organic Zinc Rich Primer market finds that the global Organic Zinc Rich Primer market reached a value of USD 1150.83 million in 2022. It’s expected that the market will achieve USD 1457.01 million by 2028, exhibiting a CAGR of 4.01% during the forecast period.

Market Opportunities and Drivers

With the expansion of the earth's population and the industrialization of developing countries, human demand for energy has reached an unprecedented level. More than half of energy comes from fossil fuels extracted from deep crust. On a global scale, the biggest challenge facing the energy field will be refrigeration. With the growth of the middle-class population in India and China, the demand for air conditioning will increase accordingly. By the middle of this century, the energy demand for refrigeration will exceed the energy demand for heating. Under the background of global initiative to develop renewable energy, hydropower is the main source of renewable energy. Organic Zinc Rich Primer has important applications in the offshore field. With the increasing demand for petrochemical products and electricity in developing economies such as India, India, China and Middle Eastern countries will promote the demand for Organic Zinc Rich Primer in these industries during the forecast period.
Organic zinc rich primer has many advantages, such as cathodic protection, mechanical wear resistance, heat resistance and small burning area of paint film during welding and cutting. Compared with other primers, it is easier to paint on organic zinc rich primer. Compared with inorganic zinc silicate, it has faster drying speed and faster recoating time. Therefore, it is a good primer in multi-pass coating system. Good performance of organic zinc-rich primer drives the growth of market demand
With the rapid development of the Internet era, the sales forms are constantly innovating, and the online marketing of Organic Zinc Rich Primer shows great advantages in the fierce market competition. However, the sales channel of online sales is a commercial organization that contacts with the outside of the
company through the role of the Internet, so as to achieve the purpose of company distribution. Compared with traditional marketing channels, the advantages of online sales are improved in sales cost, channel management cost, information flow and capital flow. With the continuous progress of information technology, online sales are developing at a faster speed, and the competition between online sales channels and traditional sales channels will also highlight its advantages. The emerging online sales channel not only simplifies the composition of various channels in traditional marketing, but also integrates sales, pre-sales and after-sales service, commodity and customer information inquiry, which has great advantages. The further development of online sales of Organic Zinc Rich Primer will further promote the sales volume of the whole market.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Jotun is one of the major players operating in the Organic Zinc Rich Primer market, holding a share of 14.36% in 2021.

The Jotun Group is a matrix organisation with sales of Decorative Paints and Marine, Protective and Powder Coatings organised into seven regions.

The company has 38 production facilities in 23 countries, with 67 companies in 47 countries, and represented in more than 100 countries overall around the world.

June 29, 2021 AkzoNobel to acquire Grupo Orbis and expand position in South and Central America.The intended transaction follows on from a series of recent acquisitions by AkzoNobel across the paints and coatings industry over the last 18 months, which have included Titan Paints in Spain and New Nautical Coatings in the US.

Segmentation Overview:

Among different product types, Epoxy Zinc Rich Coatings segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Ship segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Organic Zinc Rich Primer market covered in Chapter 3:

PPG Industries
Chugoku Marine Paints
Nippon
KCC
MBCC
Hempel
Sherwin-Williams
Shuangshi Paint
Kansai
AkzoNobel
Jotun
RPM
Sumter Coatings

In Chapter 4 and Chapter 14.2, on the basis of types, the Organic Zinc Rich Primer market from 2018 to 2029 is primarily split into:

Epoxy Zinc Rich Coatings
Chlorinated Rubber Zinc Rich Coating
Vinyl Resin Zinc Rich Coating
Polyurethane Zinc Rich Coating
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Organic Zinc Rich Primer market from 2018 to 2029 covers:

Ship
Offshore
Machinery
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)