Global Epoxy Powder Coatings Market - Growth, Trends and Forecasts (2017 - 2022)
The Global Epoxy Powder Coating Market has been estimated at USD xxx.xx million in 2015 and is projected to reach USD xxx.xx million by 2020, at a CAGR of x.x% during the forecast period from 2015 to 2020. The Global Epoxy Powder Coatings market is growing at a significant pace. Epoxy Powder Coatings are applied to the surface of varied materials to protect them from corrosion and heat due to the external or internal environmental conditions.
Epoxy Powder coatings have a wide variety of applications in many industries. They are manufactured by various major companies around the world. The major end user industry is building and construction which accounts for majority of the worlds consumption of Epoxy Powder Coatings. Other uses include in segments of Aerospace, Automotive, Marine, Home Appliances, Energy, Oil & Gas, Food packaging and others.
The market is expected to be driven by growing Building and Construction industry in developing countries like Brazil and India. The increasing usage of corrosion resistant coatings is also a healthy sign for the Epoxy Powder Coatings market. The inability of these coatings to be mixed with others is a major drawback to epoxy powder coatings and active research is happening to overcome these shortcomings. The market is currently leaning towards eco-friendly coatings alter which produce very limited or no volatile organic compounds to meet the stricter regulations imposed.
The market has also been geographically segmented into APAC, North America, Europe, South America and MEA. In terms of consumption in 2015, APAC led the market. It was followed by Europe and North America. This high production is driven by a rapid growth in infrastructure that occurred chiefly due to the urbanization in developing countries of China and India.
Company profiles of the major Epoxy Powder Coating manufacturers been discussed in this study. These include Axalta, BASF SE, KCC Corporation, Solvay and Valspar among others.
Key Deliverables in the Study
Market analysis for the Global Epoxy Powder Coating Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Epoxy Powder Coating market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped