Epoxy Coatings Market Top Companies, Trends and Growth Factors Details for Business Development 2019 -2023

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Epoxy Coatings Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Epoxy Coatings Market Research Report- Forecast
to 2023
Epoxy Coatings Market - Overview
Epoxy Coatings are a lucrative market and is
expected to have a steady growth during the
forecast years. Epoxy resins are synthetic resins
that are extensively used in the manufacturing of
plastics and adhesives. Epoxy Coatings are formed
through the process of mixing polymine hardener
and epoxide resin by a process called curing.
Epoxy coatings possesses various qualities such
as corrosion resistance, superior adhesion,
flexibility which paves their way into many end
user industries. These coatings acts as an
excellent adhesion to various substrates such as
metal, fiber and glass. . Epoxy Coatings are
segmented on the basis of their technology,
application and region. On the basis of the
technology power based is the fastest growing
segment owing to its low VOC content. On the
basis of application, construction accounts to
have the largest share owing to the improved
strength, chemical resistance, coupled with the
growing demand for low VOC emitting
coatings. According to the analysis of MRFR, the
major market forces and trends driving growth of
the Global Epoxy Coatings Market includes growth
of construction sector and the burgeoning growth
in the automobile industry. Moreover, the
increasing personal disposable income in the
developing economies throughout the globe has
augmented the construction activities especially
in India and china which in turn is further
expected to fuel the growth of the Global Epoxy
Coatings market during the forecast period. In
addition, the growing government investment in
development of residential and commercial
infrastructure throughout the globe coupled with
the increasing demand from the marine and
electronics owing to superior qualities such as
durability, UV resistance, and chemical
resistance, among others are positively adding to
the market growth.
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Epoxy Coatings Market Research Report- Forecast
to 2023
Segmental Analysis
The Global Epoxy Coating Market is segmented
into Type and Application. Market by Type is
fragmented as waterborne, powder-based, and
solvent borne. Transportation, automobile,
construction, and paints coatings are
classified on the basis of application. Powder
based coatings hold the largest share in the
market due its less hazardous nature toward the
environment. They are used in various
Applications as it can be controlled under high
temperature. Waterborne coatings are water
soluble and non-reactive. Due to these reasons,
powder-based Coatings Market is expected to
dominate the Epoxy Coating Market in the coming
years. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/epoxy
-coatings-market-4586

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Epoxy Coatings Market Research Report- Forecast
to 2023
Regional Outlook
The Global Epoxy Coatings Market is segmented
into five regions namely Asia Pacific, Europe,
Latin America, North America and the Middle East
Africa. Asia Pacific accounts for the major
market share in the Global Epoxy Coatings Market
due to high demand of Epoxy Coating in the
developed countries as well as the developing
economies of the region. China was leading the
market in 2015 and is expected to continue its
dominance during the forecast period, 2017-2023.
The growth witnessed in end-use industries such
as ship-building, steel, and petrochemicals has
resulted in a surge in Epoxy Coating demand in
China. Substantial growth will also be observed
in India and Taiwan during the forecast period.
Availability of low-cost skilled labor and
government incentives are propelling automobile
manufacturers to shift their manufacturing base
to these countries. The countries in the Asia
Pacific region such as Indonesia and Taiwan are
the key automobile manufacturers and shipbuilding
participants utilizing these coatings. A
significant growth has been recognized in Europe
due to increasing investment by the paints and
coating industry. The automotive and construction
industries are growing the demand for Epoxy
Coating Market in the region due to improved
aesthetic appearance and environmental oriented
product. Moreover, stringent environmental
regulation and emission regulation are projected
to boost the epoxy coatings growth in the region
during the forecast period.
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Epoxy Coatings Market Research Report- Forecast
to 2023
Major Players in this Research

• Epoxy Coatings Market Prominent 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.)

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