Market Research Future

Epoxy Coatings Market: Top Manufacturers, Market Growth Analysis, Sales, Revenue, Gross Margin & Trend for Next 5 Years

Global Epoxy Coatings Market Information by Type (Waterborne and Powder-Based), by Application (Construction, Paints and Coatings, Automobile & Transport and Others) – Forecast till 2023

 

Pune, India -- (SBWIRE) -- 03/23/2018 -- Epoxy Coating has found its way as an ace performance oriented compound which is an integral part of a number of end-use industries, and which is a major reason behind its popularity as a water as well as chemical resistant finish. The Global Epoxy Market is spanned across five regions in the world namely- Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific is set to dominate the global epoxy market during the forecast period, 2017-2023, due to growing use in end-use industries such as construction, automobile, electrical & electronics, and others. China has emerged as the world's largest producer of epoxy resins followed by India and Malaysia in the world, due to rapid increase in infrastructural development, consumer consumption, capital investment, and the advancements in technology in these countries. Moreover, countries such as Taiwan, Vietnam, Indonesia, and Japan have also recognized a rapid growth due to maximum utilization in end-use industries like petrochemicals, steels and others.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4586

An enormous growth has been observed in European countries such as U.K, Germany, Italy, and others due to increasing investments in the end-use industries. Germany has emerged as the major Epoxy Coating Market, and has accounted for the largest share in the European region. In Europe, the rapid growth of Epoxy Coating is expected to rise in aerospace industry. Moreover, epoxy coatings are also utilized in wind energy applications and seen as a major driver in the global market. The United Arab Emirates, Saudi Arabia, and Qatar in the Middle East and Africa region has witnessed a rapid growth due to growing demand from construction and automobile industries.

The Global Epoxy Coating Market in North American region is segmented into the U.S and Canada where U.S will be the major market on account of increasing infrastructure, investment, and growing demand from end-use industries, such as automobile and transport. Latin American is not far behind with countries such as Brazil and Uruguay that have recognized a moderate growth during the forecast period.

Segmentation
The Global Epoxy Coating Market is segmented into type and application. On the basis of type, it is classified as waterborne, powder-based, and solvent borne. Waterborne coatings are further segmented into waterborne catalyzed epoxy, direct to metal acrylic, and others. On the basis of application, it is classified as construction, paints and coatings, automobile & transport, among others.

Get Complete Report @ https://www.marketresearchfuture.com/reports/epoxy-coatings-market-4586

Key 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.)