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Epoxy Primer Market by Substrate, Application, Technology and Region-Global Forecast to 2023

08-22-2018 01:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: RNR Market Research

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The epoxy primer market report added by RnRmarketresearch and it covers the market for epoxy primer and its applications across different verticals and regions. It aims at estimating the market size and the potential of the epoxy primer market based on the substrate, application, technology, and region.

Access Free Sample of Epoxy Primer Market Papers of spread across 140 Pages, Profiling 15 Companies and Supported with 73 Tables and 43 Figures are now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1611704

The epoxy primer market is projected to grow from USD 8.52 billion in 2018 to USD 10.91 billion by 2023, at a CAGR of 5.1%, in terms of value, between 2018 and 2023. The growth of the epoxy primer market is primarily driven by the increasing demand for epoxy primers in various applications and growing awareness to reduce the loss caused by corrosion.

Key global players of the epoxy primer market are Sherwin-Williams (US), PPG Industries (US), AkzoNobel (Netherlands), BASF (Germany), Axalta Coating Systems (US), Kansai Paint (Japan), Nippon Paint(Japan), Tikkurila Oyj (Finland), and RPM International (US).

Premium Insights
1 Attractive Market Opportunities in the Epoxy Primer Market
2 Epoxy Primer Market, By Substrate
3 Epoxy Primer Market, By Application
4 Epoxy Primer Market in APAC, By Country and Application

Epoxy primers are used over different metal substrates, such as steel, aluminum, iron, and others. It is widely used on metal substrates for different applications such as automotive, marine, aviation, energy, infrastructural structures, and oil & gas. These primers form an important layer in automotive and marine applications, which provides excellent adhesion and resistance to corrosion and chemicals. Their application also helps in reducing the maintenance cost over a long period of time.

Epoxy Primer Market, By Application
1 Introduction
2 Building & Construction
3 Automotive
4 Marine
5 Machinery & Equipment
6 Others

Based on application, the building & construction segment is expected to lead the epoxy primer market. Epoxy primers are widely used on concrete & masonry surfaces for flooring application. In this application, it is also preferred for metal substrates that are used for priming structures. APAC is the largest market for an epoxy primer in building & construction application.

Discounted Report Copy on Epoxy Primer Market by Substrate (Metal, Concrete & Masonry, and Fiberglass), Application (Building & Construction, Automotive, Marine, and Machinery & Equipment), Technology (Solvent-borne, and Waterborne), and Region-Global Forecast to 2023 at http://www.rnrmarketresearch.com/contacts/discount?rname=1611704

Based on technology, the solvent-borne technology is expected to be the fastest-growing segment of the epoxy primer market during the forecast period. Epoxy primers manufactured by using solvent-borne technology are used for a wide variety of substrates, and they offer superior characteristics such as less curing time, excellent adhesion, and resistance to corrosion, abrasion, and chemicals. It has a wide preference in APAC, South America, and the Middle East & Africa.

Epoxy Primer Market, By Substrate
1 Introduction
2 Metal
3 Concrete & Masonry
4 Fiberglass
5 Others

The APAC region is expected to witness the highest growth during the forecast period; this growth can be attributed to the high demand for coatings from countries such as China, India, and other Southeast Asian countries. The growth of construction, automotive, marine, and industrial sectors is also major factor expected to drive the epoxy primer market in the APAC region.

In the process of determining and verifying the market size for the several segments and sub segments gathered through secondary research, extensive primary interviews were conducted. The break-up of the primary interviews is given below:
 By Company Type: Tier 1—54%, Tier 2—35%, and Others—11%
 By Designation:C-level—44%, Director-level—34%, and Others—22%
 By Region:APAC—42%, North America—15%, Europe—32%, MEA—7% and South America—4%

Explore Here for More Information on Epoxy Primer Market with Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/purchase?rname=1611704

The report also includes an in-depth competitive analysis of key market players, along with their company profiles, recent developments, and key market strategies.

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