Global Epoxy Coating Market Report by Product Types, Application, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global epoxy coating market is anticipated to expand at a considerable CAGR during the forecast period, 2020–2026.

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Epoxy resins are actually a type of synthetic resins that are utilized in manufacturing adhesives and plastics. The selection of the epoxies depends upon the factors such as type of substrate, temperature, surface preparation, humidity, environmental exposure, induction time, application time, and others. The mixture ratio of the epoxy with the hardener is different for different products and defines the efficiency of the coatings. These resins are widely acknowledged for their versatile properties such as extreme toughness, resistance to abrasion, and outstanding dimensional stability. Epoxy resins provide an external coating called epoxy coating that serves as a superb resistance to UV light, corrosive chemicals, and heat. In addition, they offer excellent adhesion to surfaces of metals, fibers, glass, and several other materials. Superior properties of epoxy coatings are expected to fuel the global market for epoxy coatings during the forecast period.

About 85% of global epoxy resin production — is derived from reacting bisphenol A (BPA) with Epichlorohydrin (ECH). Liquid epoxy resin (LER) is normally produced from a reaction mixing 45% of BPA and 55% of ECH; semi-solid epoxy resin (SsER) would involve reacting 61% of BPA with 39% of ECH.

Market Trends, Drivers, Restraints, and Opportunities:

Increasing demand for improved and durable coatings and paints are some of the key trends driving the growth of epoxy coating market and thus fueling the growth of the market
Strict environmental policies adopted in various countries to curb down pollution and VOC emission are some of the key drivers of epoxy coating market.
Increasing demand for waterborne and powder-based coatings are the key drivers for the global epoxy coatings market.
Improved fatigue resistance and reduced water ingression are some of the factors expected to drive the global market, during the forecast period.
Hazardous Impact on Humans and Environment is a key restraint of the market.
Fluctuating market prices of epoxy resins because of the volatile raw material prices, is a key restraint of the market.
Slow growth of developing countries and low performance in exterior applications are expected to restrain the market growth during the forecast period.
Extensive research and development activities backed by sound investments to develop eco-friendly epoxy resins is a key market opportunity.
Innovative product differentiation, is a market opportunity for epoxy coating during the forecast period.

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Competitive Landscape:

Major key players in the global epoxy coating market include BASF SE, Akzonobel N.V., PPG Industries, RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems LLC, Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Tikkurila OYJ, and Berger Paints India Ltd.

The Global Epoxy Coating Market has been segmented on the basis of:

Product types

Waterborne
Solvent Borne
Powder-Based

Application

Paints & Coatings
Building and Construction
Automotive
Adhesives
Electrical & Electronics
Transportation
Industrial
Others

Regions

North America (U.S. Canada)
Europe (UK France, Germany)
Asia Pacific (India, China, Japan)
South America
Middle East & Africa

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The demand and supply dynamics offered in the report give a 360 degree view of the market.
Our report helps readers decipher the current and future constraints in the Epoxy Coating Market, and help them formulate optimum business strategies to maximize growth in the market.

Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Epoxy Coating Market Overview
Global Epoxy Coating Market Analysis and Forecast by Type
Global Epoxy Coating Market Analysis and Forecast by Application
Global Epoxy Coating Market Analysis and Forecast by Sales Channel
Global Epoxy Coating Market Analysis and Forecast by Region
North Epoxy Coating Market Analysis and Forecast
Latin Epoxy Coating Market Analysis and Forecast
Europe Epoxy Coating Market Analysis and Forecast
Asia Pacific Epoxy Coating Market Analysis and Forecast
Middle East & Africa Epoxy Coating Market Analysis and Forecast
Competition Landscape

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