Epoxy Paints and Coatings Market Trends, Opportunities, and Forecast by 2031

MARKET INTRODUCTION

Epoxy paints and coatings are the thermosetting polymer, which is a mixture of resin and hardener to give it a robust and solvent resistant characteristics. The epoxy paints and coatings are resistant towards corrosion, chemicals, low porosity, and also acts as a strong adhesive. The process of curing helps in giving more useful properties to paints and coatings such as high durability and strength. It is used for various purposes in the industry such as painting & coating, adhesives for manufacturing electrical appliances, automobile parts, and vehicles, etc. Industries such as building & construction, automotive, transportation uses epoxy paints and coatings widely due to its unique features.

MARKET DYNAMICS

The global epoxy paints and coatings market is growing at a significant pace owing to driving factors such as increasing demand for epoxy resins due to the growing trend of underwater painting. Furthermore, Increasing deamand from the end-use industries such as automotive, electrical, etc due to its exellent features of giving toughness and durability to the paints and coatings is likely to drive the demand for epoxy paints and coatings in the coming years. However, low applicability for exterior painting and coating is projected to hinder the growth of epoxy paints and coatings market. Likewise, development of powder based epoxy paints and coatings may provide a lucrative opportunity for the market players in the near future.

MARKET SCOPE

The "Global Epoxy Paints and Coatings Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the epoxy paints and coatings market with detailed market segmentation by technology, application and geography. The global epoxy paints and coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading epoxy paints and coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global epoxy paints and coatings market is segmented on the basis of technology and application. On the basis of technology, the epoxy paints and coatings market is segmented into, waterborne, solvent borne, powder-based. On the basis of application, the market is bifurcated into, adhesives, construction, electrical & electronics, transportation, paints & coating, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global epoxy paints and coatings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The epoxy paints and coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the epoxy paints and coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the epoxy paints and coatings market in these regions.

MARKET PLAYERS

The reports cover key developments in the epoxy paints and coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from epoxy paints and coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for epoxy paints and coatings in the global market. Below mentioned is the list of few companies engaged in the epoxy paints and coatings market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the epoxy paints and coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Akzo Nobel N.V.
• Axalta Coating Systems Ltd.
• Basf Corporation
• Jotun Group
• Kansai Paint Co. Ltd.
• Masco Corporation
• Nippon Paint Holdings Co. Ltd.
• Ppg Industries Inc.
• Rpm International Inc.
• The Sherwin-Williams Company

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Epoxy Paints and Coatings Report Scope