Pune, India -- (SBWire) -- 05/18/2018 --Market Research Future (MRFR) recognizes the following companies as key players in the Global High Performance Epoxy Market: Euclid Chemical Company, Sherwin-Williams Company, Rust-Oleum, V8 Floor Systems, Huntsman International LLC, Benjamin Moore & Co., FORREST Technical Coatings, Xtreme Engineered Floor Systems, Simpson Strong Tie, Zeraus Products Inc., Smooth-On, Inc. and others.
Commenting on this report, an analyst from Market Research Future's (MRFR) team said: "High-Performance Epoxy is used for protecting metal and concrete structures, tanks, pipes, and processing equipment's from deterioration caused as a result of exposure to harsh environments including acid rain. This coating is used chiefly in chemical plants, oil refineries, and in other factory, refinery and industry; in addition, Epoxy is also used to protect ships, offshore oil drilling rigs, production platforms and other structures manufactured in marine industry.
Epoxies account for around 40-60% of the global market; these coatings are recognized as excellent chemical and abrasion resistant and has superb adhesion property. The percentage is higher for marine coatings as compared to protective coatings. Good market growth is expected for coatings that are based on waterborne acrylics, especially in the industrial regions, as environmental laws has become more stringent.
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The High Performance Epoxy Market is segmented on basis of type of epoxy coating namely resins, adhesives, pigments, solvents and others. Overall Global High Performance Resins Market has been increasing since 2009, consumption of epoxy has been highly utilized on commercial goods accounting 40-42% of total Global High Performance Epoxy Market volume share.The High Performance Epoxy Market is segmented on the basis of usage of epoxy in aerospace & marine, automotive, consumer goods and others.
This study was conducted combining primary and secondary information including inputs from key participants of the industry. The report contains detail about the market as well as vendors of the same and vendor landscape in addition to a SWOT analysis of key vendors.
The market is classified and analyzed on the basis of geographical segmentation which includes Americas, Europe, Asia-Pacific, Middle East and Africa. Out of these, Asia-Pacific accounts for the largest share of the high performance epoxy market and is expected to drive the growth of this market.
Fast-paced urbanization in China and Brazil is responsible for the growth of more than half of the total South American paint and coatings market and this growth is due to developments of marine, protective coatings, oil & gas, automotive refinishes and other sectors. High Performance Epoxy consumption in China was the highest consumption of epoxy in 2013 accounting for 65% of global consumption of epoxy.
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High Performance Epoxy Market : Global Trends and Forecast by Regions, Types, Applications and Outlook 2018-2022
Global High Performance Epoxy Market Information-by Type (resins, adhesives, pigments, solvents and others), by End-Use (aerospace & marine, automotive, consumer goods and others) and by Region - Forecast till 2022