Global Food Grade Epoxy Paints Market Real Time Analysis & Forecast 2016 - 2028 | Atul Chemicals, Hexion, Aditya Birla Chemicals

This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global food grade epoxy paints market.

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What are food grade epoxy paints?

Food grade epoxy paints are derived from the combination of epoxies. Food grade epoxy paints are used in food packaging, food processing, and industrial applications. Food grade epoxy paints are chemical- and water-resistant and has anti-fungal properties. These are extremely durable and possess excellent adhesion to a variety of substrates.

Food grade epoxy paints are also preferred in coastal areas and can be applied on floors to protect from chemicals and saline. The rising demand for paints and coatings for industrial applications is the leading factor driving the global food grade epoxy paints market. This market is projected to grow at a significant rate in the coming years with the development of new materials and the progression of equipment and application processes. However, the high cost of food grade epoxy paints can hinder the growth of the market.

Segmentation for better understanding of this market and its growth prospects:

Based on application, the food grade epoxy paints market has been segmented into food, water tanks, reservoirs, pipelines, packaging, processing, and painting & coating. The food grade epoxy paints market is highly concentrated with the presence of only a few leading companies.

Based on technology, the market has been segmented into water-based, powder-based, and solvent-based. The water-based food grade epoxy paints are increasingly being preferred over organic solvents. The absence of isocyanate, inflammable elements, and costly ventilation systems make water-based food grade the preferred paints. Moreover, the rapidly growing demand for water-based epoxy paints, majorly from developing countries, is expected to drive the global food grade epoxy paints market.

Key Factors Impacting Market Growth:
o Rising demand from the paints & coatings industry
o Increasing use of epoxy-based composites
o Emerging demand from developing countries

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Atul Chemicals
2. Hexion
3. Aditya Birla Chemicals
4. New Japan Chemical Company
5. Kukdo Chemicals
6. Anhui Xinyuan Chemical Company
7. SIR Industriale
8. Emerald Performance Material
9. Nagase America Corporation
10. Huntsman Corporation

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

For food grade epoxy paints market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the food grade epoxy paints market.

North America and Western Europe have been one of the key regions with technological advancements in Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for food grade epoxy paints market in these regions.

In addition to this, some of the major companies operating in this market are headquartered in these regions. Asia Pacific is estimated to be one of the fastest growing markets for food grade epoxy paints market. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of food grade epoxy paints market. Middle East and rest of the World are estimated to be emerging regions for food grade epoxy paints market.

This report provides:

1) An overview of the global market for food grade epoxy paints market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global food grade epoxy paints market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like, Atul Chemicals, Hexion, Aditya Birla Chemicals, New Japan Chemical Company, Kukdo Chemicals, Anhui Xinyuan Chemical Company, SIR Industriale, Emerald Performance Material, Nagase America Corporation, and Huntsman Corporation

Market Segmentation:

By Function:
Adhesive
Anti-Fungal
Anti-Corrosive

By Distribution Channel:
Retail Stores
Online Stores
Specialty Stores
Hypermarkets/Supermarkets

By Technology:
Water-based
Powder-based
Solvent-based

By Application:
Food
Pipelines
Packaging
Reservoirs
Processing
Preparation
Water Tanks
Painting & Coating

By Region:
North America
By Country (US, Canada, Mexico)
By Function
By Distribution Channel
By Technology
By Application
Western Europe:
By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
By Function
By Distribution Channel
By Technology
By Application
Eastern Europe:
By Country (Russia, Turkey, Rest of Eastern Europe)
By Function
By Distribution Channel
By Technology
By Application
Asia Pacific
By Country (China, Japan, India, South Korea, Australia Rest of Asia Pacific)
By Vehicle Type
By Component Type
By Fuel Type
By After Treatment Device
Middle East:
By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
By Function
By Distribution Channel
By Technology
By Application
Rest of the World
By Region (South America, Africa)
By Function
By Distribution Channel
By Technology
By Application

Reasons To Buy This Report:
o Market size estimation of the global food grade epoxy paints market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
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Email: sales@quincemarketinsights.com
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