DUBLIN--(BUSINESS WIRE)--The "Global Epoxy Powder Coatings Market - Segmented by End-user Industry, Coating Type and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global epoxy powder coating market is expected to grow at a moderate pace during the forecast period of 2018-2023.
The construction industry is the largest consumer of epoxy powder coatings. With a rising number of building codes that promote eco-friendly and energy-efficient structures, home builders and consumers are gradually moving toward building strategies that deliver performance and energy savings over the long run. With the consistent economic growth in the Asian countries, the demand for construction of new buildings is consistently increasing, which is increasing the demand for epoxy powder coatings in the Asian region.
In China, various projects, such as developing airports, building roads, high-speed rail covering of 30,000 km, are expected to cover more than 80 cities and contribute to 60% of the urbanization ratio with permanent residents.
The Indian government's Housing for All by 2022' scheme is a major driver for the boom of the construction industry. The Indian government's initiative to develop smart cities and build almost 30 million homes by 2022, is likely propel the demand for epoxy powder coatings. The Indian government has also announced highway projects worth USD 93 billion, including government flagship project National Highways Building Project (NHDP), with a total investment of USD 45 billion.
In the United States, new residential construction recorded an annual growth of 6.34% in 2016. During the first 10 months of 2017, the new residential construction recorded a growth of 2.43%, when compared to the same period in 2016.
Companies Mentioned
- Akzo Nobel N.V
- Axalta Coating Systems
- BASF SE
- Berger Paints
- Carpoly
- Chugoku Marine Paints
- Diamond-Vogel
- Evonik
- Hempel
- Jotun A/S
- KCC Corporation
- Nippon paint
- PPG Industries Inc.
- Rohm & Haas
- The Sherwin Williams Company
- SolEpoxy
- Solvay
- Wacker Chemie AG
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/346k7n/global_epoxy?w=4
