Epoxy Coatings Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Epoxy Coatings Market Research Report- Forecast to 2023 Epoxy Coatings are a lucrative market and is expected to have a steady growth during the forecast years. Epoxy resins are synthetic resins that are extensively used in the manufacturing of plastics and adhesives. Epoxy Coatings are formed through the process of mixing polymine hardener and epoxide resin by a process called curing. Epoxy coatings possesses various qualities such as corrosion resistance, superior adhesion, flexibility which paves their way into many end user industries. These coatings acts as an excellent adhesion to various substrates such as metal, fiber and glass.. Epoxy Coatings are segmented on the basis of their technology, application and region. On the basis of the technology power based is the fastest growing segment owing to its low VOC content. On the basis of application, construction accounts to have the largest share owing to the improved strength, chemical resistance, coupled with the growing demand for low VOC emitting coatings. According to the analysis of MRFR, the major market forces and trends driving growth of the Global Epoxy Coatings Market includes growth of construction sector and the burgeoning growth in the automobile industry. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the construction activities especially in India and china which in turn is further expected to fuel the growth of the Global Epoxy Coatings market during the forecast period. In addition, the growing government investment in development of residential and commercial infrastructure throughout the globe coupled with the increasing demand from the marine and electronics owing to superior qualities such as durability, UV resistance, and chemical resistance, among others are positively adding to the market growth. Epoxy Coatings Market - Overview

Epoxy Coatings Market Research Report- Forecast to 2023 The Global Epoxy Coating Market is segmented into Type and Application. Market by Type is fragmented as waterborne, powder-based, and solvent borne. Transportation, automobile, construction, and paints & coatings are classified on the basis of application. Powder based coatings hold the largest share in the market due its less hazardous nature toward the environment. They are used in various Applications as it can be controlled under high temperature. Waterborne coatings are water soluble and non-reactive. Due to these reasons, powder-based Coatings Market is expected to dominate the Epoxy Coating Market in the coming years. View Full Press Segmental Analysis

Epoxy Coatings Market Research Report- Forecast to 2023 Regional Outlook The Global Epoxy Coatings Market is segmented into five regions namely Asia Pacific, Europe, Latin America, North America and the Middle East & Africa. Asia Pacific accounts for the major market share in the Global Epoxy Coatings Market due to high demand of Epoxy Coating in the developed countries as well as the developing economies of the region. China was leading the market in 2015 and is expected to continue its dominance during the forecast period, The growth witnessed in end-use industries such as ship-building, steel, and petrochemicals has resulted in a surge in Epoxy Coating demand in China. Substantial growth will also be observed in India and Taiwan during the forecast period. Availability of low-cost skilled labor and government incentives are propelling automobile manufacturers to shift their manufacturing base to these countries. The countries in the Asia Pacific region such as Indonesia and Taiwan are the key automobile manufacturers and shipbuilding participants utilizing these coatings. A significant growth has been recognized in Europe due to increasing investment by the paints and coating industry. The automotive and construction industries are growing the demand for Epoxy Coating Market in the region due to improved aesthetic appearance and environmental oriented product. Moreover, stringent environmental regulation and emission regulation are projected to boost the epoxy coatings growth in the region during the forecast period.

Epoxy Coatings Market Research Report- Forecast to 2023 Major Players in this Research Epoxy Coatings Market Prominent Players: BASF SE (Germany) AkzoNobel N.V (the Netherlands) Axalata Coating System LLC (U.S.) The Valspar Corporation (U.S.) PPG industries (U.S.) Aditya Birla Chemicals (India) Tikkurila OYJ (Finland) RPM International Inc ( U.S.) Try Sample

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