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Global Epoxy Coatings Market 2017-2021

Global Epoxy Coatings Market 2017-2021

About Epoxy Coatings

Epoxy coatings are manufactured by mixing a polyamine hardener and epoxide resin. They exhibit superior properties, such as corrosion resistance, flexibility, and enhanced adhesion. These properties have enabled the extensive use of epoxy coatings in a wide range of applications in various industries, including marine, industrial, automotive, and several other industries. Epoxy coatings are experiencing high demand from the automotive industry and have been touching new heights, and the industrial sector is flourishing in the APAC region.

Technavio’s analysts forecast the global epoxy coatings market to grow at a CAGR of 5.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global epoxy coatings market for 2017-2021. To calculate the market size, the report considers the retail selling price i as the average selling price of the product.

The market is divided into the following segments based on geography:

  • APAC,
  • Europe,
  • North America,
  • ROW
Technavio's report, Global Epoxy Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • BASF
  • KANSAI PAINT
  • PPG Industries
  • The Sherwin-Williams Company
Other prominent vendors
  • Axalta Coating Systems
  • Berger Paints India
  • Nippon Paint
  • RPM International
  • Tikkurila
Market driver
  • Increasing demand for water-borne epoxy coatings
  • For a full, detailed list, view our report
Market challenge
  • High price of raw materials
  • For a full, detailed list, view our report
Market trend
  • Growth of the coating additives industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Epoxy Coatings Market 2017-2021

Technavio recognizes the following companies as the key players in the global epoxy coatings market: Akzo Nobel, BASF, KANSAI PAINT, PPG Industries, and The Sherwin-Williams Company

Other Prominent Vendors in the market are: Axalta Coating Systems, Berger Paints India, Nippon Paint, RPM International, and Tikkurila.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growth of the coating additives industry. Coating additives, such as epoxy coatings, wetting and dispersion, biocides, anti-foaming, rheology modification, and impact modification are increasingly used in various applications, such as paints and coatings, and building and construction, since they enhance the properties of the final product. Epoxy coatings are used extensively to improve the strength, appearance, chemical resistance, and performance of the coatings.”

According to the report, one of the major drivers for this market is Increasing demand for water-borne epoxy coatings. Water-borne epoxy coatings are primarily used in various applications, such as transportation, building and construction, and industrial applications, owing to their health, environmental, and safety benefits. There is a shift in the preference from solvent-borne epoxy coatings to water-borne epoxy coatings in the specialty applications; therefore, the latter account for a major share in the paints and coatings market in APAC. Water-borne epoxy coatings exhibit properties, such as high mechanical strength and toughness with electrical and thermal properties, which enable the extensive use of water-borne epoxy coatings in various industries; this is likely to boost the growth of the market.

Further, the report states that one of the major factors hindering the growth of this market is High price of raw materials. The cost of water-borne epoxy coatings has been a concern for many industries. The price of water-borne epoxy coatings is controlled extensively by the cost of epoxy resins. Alternatively, the production cost of novolac resins and Bisphenol A is low. They are primarily used as coatings, composites, and adhesives in various end-user industries, such as automotive, construction, and marine. The low production capacity of water-borne epoxy coatings acts as the major barrier to the growth of the water-borne epoxy coatings market. The other factor contributing to the higher price of water-borne epoxy coatings is the generation of the matrix, which involves expensive batch processes at high temperatures within a controlled atmosphere.

Companies Mentioned

Akzo Nobel, BASF, KANSAI PAINT, PPG Industries, The Sherwin-Williams Company, Axalta Coating Systems, Berger Paints India, Nippon Paint, RPM International, and Tikkurila.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market size and forecast
      • Table Global epoxy coatings market 2016 and 2021 ($ billions)
      • Table Market forecast: Global epoxy coatings 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology type
    • Global epoxy coatings market by technology type
      • Table Global epoxy coatings market by technology type 2016 (% share of revenue)
      • Table Global epoxy coatings market by technology type 2021 (% share of revenue)
    • Global water-borne epoxy coatings market
      • Table Global water-borne epoxy coatings market 2016 and 2021 ($ billions)
      • Table Market forecast: Global water-borne epoxy coatings market 2016-2021
    • Global powder-based epoxy coatings market
      • Table Global powder-based epoxy coatings market 2016 and 2021 ($ billions)
      • Table Market forecast: Global powder-based epoxy coatings market 2016-2021
    • Global solvent-borne epoxy coatings market
      • Table Global solvent-borne epoxy coatings market 2016 and 2021 ($ billions)
      • Table Market forecast: Global solvent-borne epoxy coatings market 2016-2021
  • Market segmentation by application
    • Global epoxy coatings market by application
      • Table Global epoxy coatings market by application 2016 (% share of revenue)
      • Table Global epoxy coatings market by application 2021 (% share of revenue)
    • Global epoxy coatings market for construction
      • Table Global epoxy coatings market for construction 2016 and 2021 ($ billions)
      • Table Market forecast: Global epoxy coatings market for construction 2016-2021
    • Global epoxy coatings market for transportation
      • Table Global epoxy coatings market for transportation 2016 and 2021 ($ billions)
      • Table Market forecast: Global epoxy coatings market for transportation 2016-2021
    • Global epoxy coatings market for industrial application
      • Table Global epoxy coatings market for industrial application 2016 and 2021 ($ billions)
      • Table Market forecast: Global epoxy coatings market for industrial application 2016-2021
    • Global epoxy coatings market for other applications
      • Table Global epoxy coatings market for other applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global epoxy coatings market for other applications 2016-2021
  • Geographical segmentation
    • Global epoxy coatings market by geography
      • Table Global epoxy coatings market by geography 2016 (% share of revenue)
      • Table Global epoxy coatings market by geography 2021 (% share of revenue)
    • Epoxy coatings market in APAC
      • Table Epoxy coatings market in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: Epoxy coatings market in APAC 2016-2021
    • Epoxy coatings market in North America
      • Table Epoxy coatings market in North America 2016 and 2021 ($ billions)
      • Table Market forecast: Epoxy coatings market in North America 2016-2021
    • Epoxy coatings market in Europe
      • Table Epoxy coatings market in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Epoxy coatings market in Europe 2016-2021
    • Epoxy coatings market in ROW
      • Table Epoxy coatings market in ROW 2016 and 2021 ($ billions)
      • Table Market forecast: Epoxy coatings market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growth of the coating additives industry
    • Increasing adoption of halogen-free epoxy coatings
    • Opportunities in regulatory regions
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Akzo Nobel
      • Table Akzo Nobel: Business segmentation by revenue 2016 (% share)
      • Table Akzo Nobel: Geographical segmentation by revenue 2016 (% share)
    • BASF
      • Table BASF: Business segmentation by revenue 2016 (% share)
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
    • KANSAI PAINT
      • Table KANSAI PAINT: Business segmentation by revenue 2016 (% share)
      • Table KANSAI PAINT: Geographical segmentation by revenue 2016 (% share)
    • PPG Industries
      • Table PPG Industries: Business segmentation by revenue 2016 (% share)
      • Table PPG Industries: Geographical segmentation by revenue 2016 (% share)
    • The Sherwin-Williams
      • Table The Sherwin-Williams Company: Business segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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