The global epoxy coating market size is expected to reach USD 77.71 billion by 2034, according to a new study by Polaris Market Research. The report “Epoxy Coating Market Size, Share, Trends, Industry Analysis Report: By Product (Solvent Borne Epoxy, Waterborne Epoxy, and Solid Epoxy), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The epoxy coating market involves the production and application of epoxy-based coatings that provide durable, protective finishes for various surfaces. These coatings are widely used in industries such as construction, automotive, and manufacturing.
The growing demand for epoxy coatings in the construction sector is driven by their durability and aesthetic appeal, making them ideal for flooring, walls, and protective applications. Additionally, these coatings offer excellent resistance to chemicals, abrasion, and moisture, improving their suitability for various environments. The shift toward sustainable construction practices is encouraging builders to use epoxy coatings due to their low-VOC options, which comply with regulatory standards. In March 2022, Swancor launched two products, ""EzCiclo"" and ""CleaVER,"" designed to enhance the recycling process for wind turbine blades. ""EzCiclo"" is a recyclable epoxy resin that enables the recycling of glass or carbon fiber composites, while ""CleaVER"" technology turns waste into reusable materials without generating harmful solvents or emissions. This eco-friendly approach addresses climate change challenges and aligns with global efforts towards net-zero emissions. Therefore, the combination of functional properties and environmental factors is driving the increased use of epoxy coatings in the construction industry.
The rising industrialization in emerging economies is significantly boosting the demand for industrial coatings, particularly epoxy coatings, which offer vital protection against chemicals, corrosion, and other harsh environments. Additionally, the growth of sectors such as manufacturing, automotive, and construction necessitates robust protective solutions to improve the longevity of equipment and infrastructure, impacting the epoxy coating market expansion favorably.
Epoxy Coating Market Report Highlights
Based on product, the solid epoxy segment dominated the epoxy coating market in 2024 due to their exceptional performance characteristics, including superior chemical resistance, high durability, and strong adhesion.
By application, the industrial segment is projected to experience significant growth during the forecast period, driven by the increasing demand for protective coatings in manufacturing and heavy industries.
In 2024, Asia Pacific led the global market, driven by rapid industrialization, urbanization, and substantial investments in countries like China and India.
The North America epoxy coating market is expected to expand during the forecast period, supported by extensive infrastructure development and ongoing renovation projects, leading to greater demand for durable, high-performance coatings.
A few global key market players include PPG Industries Inc.; Akzo Nobel N.V.; Axalta Coating Systems; The Sherwin-Williams Company; RPM International Inc.; Kansai Paint Co., Ltd.; Asian Paints; BASF SE; Nippon Paint Private Limited.; and Berger Paints India.
Polaris Market Research has segmented the epoxy coating market report on the basis of product, application, and region:
By Product Outlook (Revenue – USD Billion, 2020–2034)
Solvent Borne Epoxy
Waterborne Epoxy
Solid Epoxy
By Application Outlook (Revenue – USD Billion, 2020–2034)
Construction
Industrial
Transportation
Others
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook