Epoxy Coating Market (Updated Version Available)

Epoxy Coating market size was estimated at USD 36.53 Billion in 2021, USD 38.5 Billion in 2022 witnessing a CAGR of 5.4% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 58.64 Billion by 2030.

Epoxy Coatings Market Overview

This procedure, known as curing, can take anything from a few minutes to many hours, depending on the needed coating hardness. These coatings are utilized in a range of protective coating applications in the automotive and transportation, building and construction, and other industrial flooring and coating applications because they may produce a strong, long-lasting, and chemically resistant film. A protective film with outstanding adhesion, high integrity, hardness, and exceptional impact resistance is created by epoxy coating techniques.

Market Segmentation & Coverage:

The application process, product types, end-user industries, and region are the four primary basis on which the segmented overview of the global Epoxy Coating market is built.

Based on technology, end-use industry, and geographic regions, the worldwide epoxy coatings market has been divided into sub-segments. The water-borne, solvent-borne, and powder segments of the worldwide epoxy coatings market have been segmented based on technology. The building & construction, industrial, automotive & transportation, consumer goods, and others segments make up the worldwide epoxy coatings market. Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five important regions that have been considered in the study of the worldwide epoxy coatings market.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	58.64 Billion
CAGR (2022-2030)	5.4%
By Technology	Solvent Borne, Waterborne, Powder, and Others
By Application	Transportation, Industrial, Construction & Building, and Others
By Geography	Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key Players	Akzo Nobel N.V., BASF SE, The Valspar Corporation, Endura Manufacturing Company Ltd., Kansai Paint Co., Ltd., Axalta Coating Systems, Nippon Paint Holdings Co., Ltd., RPM International Inc., TAO-CHUGOKU CO., LTD., The Sherwin-Williams Company, PPG Industries, Inc., and Thermal-Chem Corporation.

Market Dynamics:

By Technology:

The expansion of the building and construction, transportation, chemical manufacturing, and other industries in the Asia-Pacific region is to blame for this improvement in epoxy coating performance. Additionally, the use of epoxy coating as a protective coating to provide structural integrity in transportation equipment and lengthen its typical lifespan is rapidly expanding in nations like India and Australia. For instance, a report from the Indian Ministry of Commerce and Industry projects that the countrys transportation sector will expand at a compound annual growth rate (CAGR) of 5.9% over the next five years due to the expansion of roads, extensive rail networks, aviation ports, and waterways.

Regional Analysis:

Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five primary regions that make up the worldwide epoxy coatings market. In 2018, the Asia-Pacific regions market accounted for more than 40% of the global market. The regions rapidly expanding building and construction, automotive, and consumer goods industries are anticipated to play a significant role in the expansion of the regional market.



By Technology

• Solvent Borne
• Waterborne
• Powder
• Others

By Applications

• Transportation
• Industrial
• Construction & Building
• Others

By Region

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA).

Epoxy Coating Market Competitive Landscape:

The market research report on the Epoxy Coating market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• Akzo Nobel N.V.
• BASF SE
• The Valspar Corporation
• Endura Manufacturing Company Ltd.
• Kansai Paint Co., Ltd.
• Axalta Coating Systems
• Nippon Paint Holdings Co., Ltd.
• RPM International Inc.
• TAO-CHUGOKU CO., LTD.
• The Sherwin-Williams Company
• PPG Industries, Inc.
• Thermal-Chem Corporation.