Increasing Demands in various Sectors such as Automotive, Industrial and Marine Boosts Epoxy Coatings Market at High CAGR by 2023

Epoxy coatings are formed by mixing epoxide resin and polymine hardener by a chemical process known as curing. The formulation of epoxy coatings are specifically selected and combined depending upon the performance requirement for the end product. The mixture ratio of the epoxy with the hardener is different for different products and defines the efficiency of the coatings. The selection of the epoxies depends upon the factors such as type of substrate, temperature, surface preparation, humidity, environmental exposure, induction time, application time, and others. After proper catalyzed application of the epoxy coating it provides a hard, water, and chemical solvent resistant finish to the final product. The properties of epoxy coatings such as corrosion resistance, flexibility, and superior adhesion allows it to be used by various end user industries such as automotive, industrial, marine, and others.

The epoxy coatings market grows at a high rate driven by the increased demand of waterborne coatings from the end users. Asia-Pacific leads the chlorinated polyethylene market followed by North America and Europe due to the augment demand from the end user industries for non-VOC emission coatings and various technological advancements in the Asia-Pacific region. However, factors such as slow growth of developing countries and low performance in exterior applications are expected to restrain the market growth during the forecast period.

Get sample copy of this report :
www.alliedmarketresearch.com/request-toc-and-sample/1645

The report segments the epoxy coatings market on the basis of technology, application, and geography. On the basis of technology, the market is divided into waterborne, solvent borne, and powder-based. Based on application, the market is classified into paints & coatings, construction, adhesives, electrical & electronics, transportation, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS:

• This report provides an extensive analysis of the current and emerging trends and dynamics in the global epoxy coatings market.
• In-depth analysis is conducted by constructing market estimations for the key segments between 2014 and 2022.
• Geographically, the market is analyzed for regions such as North America, Europe, Asia-Pacific, and LAMEA along with analysis of major countries in each region.
• Competitive intelligence (of leading manufacturers and distributors of epoxy coatings) interprets the competitive scenario across the geographies.
• Comprehensive analysis of factors that drive and restrict the growth of the global epoxy coatings market is provided.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.

Analyst Review:

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

Top key players :

• BASF SE
• Akzonobel N.V.
• PPG Industries
• RPM International Inc.
• The Sherwin-Williams Company
• The Valspar Corporation
• Axalta Coating Systems LLC
• Nippon Paint Co. Ltd.
• Kansai Paint Co. Ltd.
• Tikkurila OYJ
• Berger Paints India Ltd. etc.

Send Enquiry on this report @
www.alliedmarketresearch.com/purchase-enquiry/1645

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Sona Padman
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.