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Epoxy Primer Market Size, Growth, Latest Trends, Industry Growth and Forecast 2032
The Business Research Company's Epoxy Primer Global Market Report 2023 identifies the booming automotive industry is expected to propel the growth of the epoxy primer market going forward. The automotive industry comprises the companies involved in the design, manufacture, and sale of motor vehicles and related components. Epoxy coatings are frequently used in the automotive sector as primers to increase the adherence of the metal surface since paints in the automotive sector are crucial for resisting corrosion. Hence, the boom in the automotive industry results in an increased demand for epoxy primers.The global epoxy primer market size grew from $9.62 billion in 2022 to $10.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global epoxy primer is expected to grow to $13.24 billion in 2027 at a CAGR of 6.3%.
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Major players in the epoxy primer market are PPG Industries Inc., Akzo Nobel N.V., Sherwin-Williams, Axalta Coating Systems, BASF SE, Nippon Paint Holdings Co. Ltd., Jotun Group, Asian Paints Ltd., Kansai Paints Co. Ltd., 3M Company, Carpoly Chemical Group Co. Ltd., Noroo Paint & Coatings Co Ltd., Diamond Vogel, Chugoku Marine Paints, and KCC Paint India Private Limited.
Technological advancement is a key trend gaining popularity in the epoxy primer market. Major companies operating in the epoxy primer sector are focused on adopting new technological solutions to sustain their position in the market.
Read More On The Global Epoxy Primer Market Report Here:
https://www.thebusinessresearchcompany.com/report/epoxy-primer-global-market-report
The Epoxy Primer market is segmented -
1) By Substrate: Metal, Concrete And Masonry, Fiberglass, Other Substrates
2) By Technology: Solvent-Borne, Waterborne
3) By Application: Building And Construction, Automotive, Marine, Machinery And Equipment, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Epoxy Primer market.
The Business Research Company's "Global Epoxy Primer Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Epoxy Primer Market Include:
1. Executive Summary
2. Epoxy Primer Market Characteristics
3. Epoxy Primer Market Trends And Strategies
4. Epoxy Primer Market - Macro Economic Scenario
5. Epoxy Primer Market Size And Growth
.....
26. Africa Epoxy Primer Market
27. Epoxy Primer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Epoxy Primer Market
29. Epoxy Primer Market Future Outlook and Potential Analysis
30. Appendix
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