Epoxy Coatings Market: Varied Applications in Automobile, Paints & Coatings Sector Boosting Growth Of Global Industry Through 2018- 2023

Market Overview:

An Epoxy Coating has compounds that are used as coatings or paints, cross-linked with a co-reactant or hardener prior to application in order to give a performance oriented outcome. Epoxy Coatings are widely used in the production of adhesives and resins. They are the type of external coverings, provided by epoxy resins which serves resistance to UV light and corrosive chemicals among other properties.

The global epoxy coating market relies on improved and durable coatings. Moreover, stringent rules and regulations are implemented by the regional governments to curb down VOC content in the paints and coatings industry which are projected to drive the demand of global epoxy coating markets. These coatings are used in combination with concrete and steel to give them water, alkali, and acid resistance. Epoxy coatings are generally used in industrial and automotive applications.

The prominent driving factors in the global epoxy market are increasing construction activities and growing demand from the paints and coatings industry. Rapid growth in automotive and construction industries are projected to fuel the demand of global epoxy market during the forecast period, 2017-2023.

Read More about Report @
https://www.marketresearchfuture.com/reports/epoxy-coatings-market-4586

Major Key Players:
The Major Players operating in the Epoxy Coatings Market are:

• BASF SE (Germany),
• AkzoNobel N.V ( the Netherlands),
• Axalata Coating System LLC (U.S.),
• The Valspar Corporation ( U.S.),
• PPG industries (U.S.),
• Aditya Birla Chemicals (India),
• Tikkurila OYJ (Finland),
• RPM International Inc (U.S.)

Market Segmentation:
The Global Epoxy Coatings Market is categorized on the basis of Type, Application:

On The Basis Of Type-
• Waterborne
• Powder-Based

On The Basis Of Application -
• Construction,
• Paints and Coatings,
• Automobile & Transport

Regional Analysis:
Geographically, Epoxy Coatings Market is segmented across Five Regions in the world namely:

• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.

The world’s largest share of global epoxy coating market has been held by Asia Pacific followed by Europe, North America, Latin America, and the Middle East & Africa. China, India and Malaysia are the countries in Asia Pacific region, expected to grow with the same pace in the forecast period, 2017-2023.

Germany, U.K and Italy in Europe have observed a rapid growth due to increasing investment by the paints and coating industries. A stunning growth has been projected in North American and Latin American regions due to the production of environmental friendly products.

The demand for epoxy coating market has been increasing in the Middle East and Africa due to growing investments in the construction and industrial activities.

Request For Sample Report @
https://www.marketresearchfuture.com/sample_request/4586

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Market Research Future
+16468459312
Email: sales@marketresearchfuture.com

This release was published on openPR.