Epoxy Coating Market Analysis By Product (Solvent-borne, Waterborne, Powder) By Application (Construction, Industrial, Transportation) And Segment Forecasts To 2024

Published: Aug, 2016 | Pages: 80 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global epoxy coating market is expected to reach USD 41.71 billion by 2024, according to a new report by Grand View Research, Inc. Increase in spending on residential and commercial construction in emerging regions such as Asia Pacific and Middle East is expected to drive global Epoxy Coating Market growth over the next eight years.

Rapid industrialization in Asia Pacific has resulted in an increase in utilization of epoxy coatings for flooring applications for both commercial and industrial structures such as retail stores, hospitals, showrooms, and warehouses. These coatings provide superior gloss and aesthetic finish in form of terrazzo flooring, chip flooring, and colored aggregate flooring.

Growing automotive sector in developing economies of Asia Pacific and Latin America owing to a surge in population base and rising disposable income is expected to stimulate epoxy coatings demand. Growing application scope in rust and corrosion prevention of vehicle bodies and other metal components is likely to augment market growth. In addition, rising use of epoxy-based coatings as primer ensuring paint adhesion for automotive parts will drive the market demand over next eight years.

Solvent borne epoxy emerged as the dominant product segment accounting for over one-third of the total market volume in 2015. Traditionally, they were designed to protect steel, however; they are extensively being used now-a-days for concrete structures and adapted for flooring. Solvents allow easy coating application in required areas without any formulating problems.

Further key findings from the report suggest:

Global epoxy coating market demand was 1,080.7 kilo tons in 2015 and is expected to reach 2,115.6 kilo tons by 2024, growing at a CAGR of 7.9% from 2016 to 2024.

Waterborne coatings are expected to witness the highest growth of 9.0% from 2016 to 2024 owing to factors such as low VOC content, durability, quick dry time and mitigated hazardous disposal in contrast to its counterparts.

Construction sector emerged as the leading and fastest growing application segment accounting for about 28.0% of the total market volume in 2015. Rapid population growth coupled with increasing migration towards urban centers has necessitated demand for new commercial, residential and industrial infrastructure. Low-interest rates on housing loans in both developed as well as developing regions is poised to impact market growth.

Asia Pacific was the dominant regional market with demand share estimated at over 48% in 2015. Increasing demand for institutional buildings coupled with the shift in production landscape towards China, India, and South East Asian countries are expected to drive the regional market. The region is also projected to witness the highest growth of 8.9% from 2016 to 2024.

Epoxy coatings industry is moderately fragmented with the presence of large number of prominent market participants across the globe. Sherwin Williams is engaged in manufacturing and marketing of paints, coatings, finishes, applicators, and varnishes for structural steel, ships, metals, buildings, and automobiles. In September 2013, Sherwin Williams acquired the U.S./Canada operations of Comex for USD 90 million and assumed liabilities in the range of USD 75 million.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Epoxy Coating Market- Industry Summary and Key Buying Criteria, 2013 - 2024
Chapter 3. Epoxy CoatingIndustry Outlook
3.1. Epoxy Coating market segmentation
3.2. Epoxy Coating market size and growth prospects, 2013 - 2024
3.3. Epoxy Coating market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material outlook, 2013 - 2024
3.5. Technology overview
3.6. Regulatory framework
3.7. Epoxy Coating market dynamics
3.7.1. Market driver analysis
3.7.1.1. Rising demand from paints and coatings Industry
3.7.1.2. Growing application scope in transportation industry
3.7.2. Market restraint analysis
3.7.2.1. Volatile epoxy resin costs
3.7.2.2. Rising environmental concerns
3.8. Key market opportunities - Prioritized
3.9. Epoxy Coating Porter's analysis
3.10. Epoxy Coating competitive scenario, 2014
3.11. Epoxy Coating market PESTEL analysis, 2014
Chapter 4. Epoxy Coating Product Outlook
4.1. Global epoxy coatingmarket share by product, 2015 & 2024
4.2. Solvent Borne
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Waterborne
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Powder
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Epoxy Coating Application Outlook
5.1. Global epoxy coatingmarket share by application, 2015 & 2024
5.2. Construction
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 - 2024
5.3. Industrial
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 - 2024
5.4. Transportation
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 - 2024
5.5. Others
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 6. Epoxy Coating Regional Outlook
6.1. Global epoxy coating market share, by region, 2015& 2024
6.2. North America
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast by product, 2013 - 2024
6.2.3. Market estimates and forecast by application, 2013 - 2024
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2013 - 2024
6.2.4.2. Market estimates and forecast by product, 2013 - 2024
6.2.4.3. Market estimates and forecast by application, 2013 - 2024
6.3. Europe
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast by product, 2013 - 2024
6.3.3. Market estimates and forecast by application, 2013 - 2024
6.3.4. Germany
6.3.4.1. Market estimates and forecast, 2013 - 2024
6.3.4.2. Market estimates and forecast by product, 2013 - 2024
6.3.4.3. Market estimates and forecast by application, 2013 - 2024
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2013 - 2024
6.4.2. Market estimates and forecast by product, 2013 - 2024
6.4.3. Market estimates and forecast by application, 2013 - 2024
6.4.4. China
6.4.4.1. Market estimates and forecast, 2013 - 2024
6.4.4.2. Market estimates and forecast by product, 2013 - 2024
6.4.4.3. Market estimates and forecast by application, 2013 - 2024
6.5. Latin America
6.5.1. Market estimates and forecast, 2013 - 2024
6.5.2. Market estimates and forecast by product, 2013 - 2024
6.5.3. Market estimates and forecast by application, 2013 - 2024
6.5.4. Brazil
6.5.4.1. Market estimates and forecast, 2013 - 2024
6.5.4.2. Market estimates and forecast by product, 2013 - 2024
6.5.4.3. Market estimates and forecast by application, 2013 - 2024
6.6. MEA
6.6.1. Market estimates and forecast, 2013 - 2024
6.6.2. Market estimates and forecast by product, 2013 - 2024
6.6.3. Market estimates and forecast by application, 2013 - 2024
Chapter 7. Competitive Landscape
7.1. AkzoNobel N.V.
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. BASF
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Nippon Paint Company Limited
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. The Sherwin Williams Company
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. PPG Industries Inc.
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. RPM International Inc.
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. Berger Paints India Limited
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Axalta Coating System
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. The Valspar Corporation
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Tikkurila Oyj
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives

List of Tables


1. Epoxy Coating- Industry Summary & Key Buying Criteria
2. Global epoxy Coating market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
3. Global epoxy Coating market revenue, by region, 2013 - 2024 (Kilo Kilo Tons)
4. Global epoxy Coating market revenue, by region, 2013 - 2024 (USD Million)
5. Global epoxy Coating market revenue, by product, 2013 - 2024 (Kilo Tons)
6. Global epoxy Coating market revenue, by product, 2013 - 2024 (USD Million)
7. Global epoxy Coating market revenue, by application, 2013 - 2024 (Kilo Tons)
8. Global epoxy Coating market revenue, by application, 2013 - 2024 (USD Million)
9. Vendor landscape
10. Epoxy Coating- Key market driver analysis
11. Epoxy Coating- Key market restraint analysis
12. Global solvent borne market estimates and forecast , 2013 - 2024 (Kilo Tons) (USD Million)
13. Global solvent borne market estimates and forecast, by region, 2013 - 2024 (USD Million)
14. Global solvent borne market estimates and forecast, by region, 2013 - 2024 (Kilo Tons)
15. Global water borne market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
16. Global water borne market estimates and forecast, by region, 2013 - 2024 (USD Million)
17. Global water borne market estimates and forecast, by region, 2013 - 2024 (Kilo Tons)
18. Global powder market estimates and forecast, 2013 - 2024 (Kilo Tons) (USD Million)
19. Global powder market estimates and forecast, by region, 2013 - 2024 (USD Million)
20. Global powder market estimates and forecast, by region, 2013 - 2024 (Kilo Tons)
21. Global epoxy coating market estimates and forecast for construction, 2013 - 2024 (Kilo Tons) (USD Million)
22. Global Epoxy coating market estimates and forecast for construction, by region, 2013 - 2024 (USD Million)
23. Global epoxy Coating market estimates and forecast for construction, by region, 2013 - 2024 (Kilo Tons)
24. Global epoxy coating market estimates and forecast for industrial, 2013 - 2024 (Kilo Tons) (USD Million)
25. Global epoxy coating market estimates and forecast for industrial, by region, 2013 - 2024 (USD Million)
26. Global epoxy coating market estimates and forecast for industrial, by region, 2013 - 2024 (Kilo Tons)
27. Global epoxy coating market estimates and forecast for transportation, 2013 - 2024 (Kilo Tons) (USD Million)
28. Global epoxy coating market estimates and forecast for transportation, by region, 2013 - 2024 (USD Million)
29. Global epoxy coating market estimates and forecast for transportation, by region, 2013 - 2024 (Tons)
30. Global epoxy coating market estimates and forecast for others, 2013 - 2024 (Tons) (USD Million)
31. Global epoxy coating market estimates and forecast for others, by region, 2013 - 2024 (USD Million)
32. Global epoxy coating market estimates and forecast for others, by region, 2013 - 2024 (Tons)
33. North America epoxy coating market revenue, 2013 - 2024 (Tons) (USD Million)
34. North America epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
35. North America epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
36. North America epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
37. North America epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
38. U.S. epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
39. U.S. epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
40. U.S. epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
41. U.S. epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
42. U.S. epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
43. Europe epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
44. Europe epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
45. Europe epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
46. Europe epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
47. Europe epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
48. Germany epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
49. Germany epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
50. Germany epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
51. Germany epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
52. Germany epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
53. UK epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
54. UK epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
55. UK epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
56. UK epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
57. UK epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
58. Asia Pacific epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
59. Asia Pacific epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
60. Asia Pacific epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
61. Asia Pacific epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
62. Asia Pacific epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
63. China epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
64. China epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
65. China epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
66. China epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
67. China epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
68. India epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
69. India epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
70. India epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
71. India epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
72. India epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
73. Latin America epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
74. Latin America epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
75. Latin America epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
76. Latin America epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
77. Latin America epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
78. Brazil epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
79. Brazil epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
80. Brazil epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
81. Brazil epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
82. Brazil epoxy coating market revenue, by application, 2013 - 2024 (USD Million)
83. MEA epoxy coating market revenue, 2013 - 2024 (Kilo Tons) (USD Million)
84. MEA epoxy coating market volume, by product, 2013 - 2024 (Kilo Tons)
85. MEA epoxy coating market revenue, by product, 2013 - 2024 (USD Million)
86. MEA epoxy coating market volume, by application, 2013 - 2024 (Kilo Tons)
87. MEA epoxy coating market revenue, by application, 2013 - 2024 (USD Million)