Epoxy Paints and Coatings Market Foreseen To Grow Exponentially By 2027 | Akzo Nobel N.V., Axalta Coating Systems Ltd., Basf Corporation, Jotun Group

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.

TOP KEY PLAYERS

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

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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 2017 to 2027 with respect to five major regions, namely;

  • North America,
  • Europe, Asia-Pacific (APAC),
  • Middle East and Africa (MEA)
  • South & Central 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 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 & Central America after evaluating political, economic, social and technological factors affecting the Epoxy Paints and Coatings market in these regions.

MARKET PLAYERS ANALYSIS

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 the 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.

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Posted by on Friday August 16 2019, 5:20 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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