The Epoxy Coatings Market size is estimated at USD 32.01 billion in 2024, and is expected to reach USD 39.42 billion by 2029, growing at a CAGR of 4.25% during the forecast period (2024-2029).
The epoxy coatings market was affected negatively due to the COVID-19 pandemic. The weakening automotive and transportation industry, as well as a brief halt in construction activity owing to the pandemic lockdown, had a detrimental impact on the phase change materials market demand. However, the market has now reached pre-pandemic levels and is expected to grow at a steady pace during the forecast period.
The epoxy coatings market is partially consolidated in nature. The major companies include (not in any particular order) PPG Industries, Inc., AkzoNobel NV, Axalta Coating Systems, LLC, The Sherwin-Williams Company, RPM International Inc, among others.
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