Asia-Pacific Epoxy Powder Coatings Market to Reflect Steadfast Expansion During 2018 – 2023 | Top Key Vendors - Akzo Nobel NV, Axalta Coating, BASF SE, Berger Paints, Carpoly, Hempel, Jotun AS, KCC, NIPPON PAINT

Marketprognosis.com Publish a New Market Research Report On “Asia-Pacific Epoxy Powder Coatings Market 2018 - 2023” which contains Asia-Pacific key player’s survey information and forecast to 2023.

Overview of the Asia-Pacific Epoxy Powder Coatings Market:

The Asia-Pacific Epoxy Powder Coatings Market is expected to grow at a moderate pace during the forecast period 2018-2023. Due to the ongoing growth in the automotive and construction sectors in the country, China is estimated to lead the market. By end-user industry, the automotive sector is expected to record the fastest growth.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/17606 .

The construction industry in Asia-Pacific is expanding at a robust pace, primarily in major economies, such as China, India, and ASEAN countries. In China, various projects, such as developing airports (New Beijing Airport), building roads (30,000 km of highways, with construction and up gradation of bridges), high-speed rail covering of 30,000 km, are expected to cover more than 80 cities and contribute to 60% of the urbanization ratio with permanent residents. The Indian government's u2018Housing for All by 2022’ scheme is a major driver for the boom of the construction industry. The Indian government’s initiative to develop smart cities and build almost 30 million homes by 2022, is likely propel the demand for epoxy powder coatings. The Indian government has also announced highway projects worth USD 93 billion, including government flagship project National Highways Building Project (NHDP), with a total investment of USD 45 billion, over the years to come. The 2020 Olympics, which is set to take place in Japan, is expected to boost the construction of new commercial buildings. These factors are expected to increase the construction activity, which in turn, is likely to increase the usage of epoxy powder coatings.

Epoxy powder coatings are commonly used throughout the automotive industry, as both basecoats and finishes, for a wide variety of automotive components. They are also used on trims, door handles, bumpers, radiators, break components, oil filters, shock absorbers, wheels, hubcaps, battery trays, and coil springs, to provide additional protection from the environment. The Chinese automotive industry recorded a YOY growth of 14.5% in 2016, reaching a total of 28,118,794 units. In 2016, more than 4.48 million units of vehicles were produced in India. Production of passenger vehicles (PV), light commercial vehicles (LCV), and heavy trucks registered YOY growth rates of 7.9%, 8%, and 9.9% respectively in FY 2016. India is also a prominent auto exporter, and is expected to witness robust growth in the export sector, over the forecast period. In FY 2016, the overall automobile exports grew by 1.91%, over FY 2015. The accelerating automotive production, coupled with the growing OEM market, is expected to drive the usage of epoxy powder coatings through the forecast period.

Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/17606 .

China is recognized worldwide for its architectural boom. The demand for low-cost housing and commercial housing is the reason for its growth in the recent years. China’s real estate sector has been growing rapidly, with increased investments by the government. With the increasing demand for power from the rising population and various end-user industries, the Chinese government has announced plans to construct new power generation units. The Chinese aerospace industry is rapidly growing and constructing new aircrafts, to meet the rising demand.

Major Key Players:

1 Akzo Nobel NV

2 Axalta Coating Systems

3 BASF SE

4 Berger Paints

5 Carpoly

6 Chugoku Marine Paints

7 Hempel

8 Jotun A/S

9 KCC Corporation

10 NIPPON PAINT Co.,Ltd and More………….

Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/17606 .

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Epoxy Powder Coatings Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

This release was published on openPR.