Epoxy paints and coatings provide exceptional chemical and water resistivity, are extremely durable, and provide superior adhesion; thus, accelerating their demand from the building & construction industry. However, the market faces certain drawbacks, such as stringent regulations from the governments for VOC emissions that lead to air pollution and volatility in the paints & coatings market due to the slowdown of several economies, such as China and Brazil. These factors may act as a roadblock for the growth of the market.
The global epoxy paints and coatings market has been segmented by end-industry into building & construction; aerospace; marine; automotive; food & beverage; electronics and other industries. In 2015, the building & construction industry accounted for about XX% of the global epoxy paints and coatings market. Regarding application, the global epoxy paints and coatings market is segmented into flooring, metal coating, and others. The flooring application dominates the overall epoxy paints and coatings market and accounts for the majority share of around 52%.
The global epoxy paints and coatings market, by the type of technology, is broadly segmented into water-based, solvent-based, and powder-based. Due to the absence of solvents in powder-based epoxy coatings, the emission of volatile organic compounds (VOC) is almost negligible, thus opening a gateway to opportunities for the global epoxy paints and coatings market.
Some of the major companies include:
- AkzoNobel N.V.
- Asian Paints Ltd.
- BASF SE
- Berger Paints India Ltd.
- Nippon Paint Co. Ltd.
- PPG Industries
- RPM International, Inc.
- The Sherwin-Williams Company
The Valspar Corporation
Key Topics Covered:
2. Executive Summary
3. Epoxy Paints and Coatings Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles
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