Zinc Rich Primer Market 2024 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2033

The Business Research Company recently released a comprehensive report on the Global Zinc Rich Primer Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19242&type=smp

According to The Business Research Company's, The zinc rich primer market size has grown strongly in recent years. It will grow from $1.3 billion in 2023 to $1.38 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to industrialization growth, advancements in coating technology, rising infrastructure needs, increased environmental regulations, and the expansion of the automotive and marine industries.

The zinc rich primer market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increased infrastructure development, rising industrial activities, stringent anti-corrosion regulations, growth in the marine and oil & gas sectors, and advancements in coating technologies. Major trends in the forecast period include increased adoption of eco-friendly formulations, advancements in high-performance coatings, growth in emerging markets, rising demand in the renewable energy sector, and innovations in application techniques.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/zinc-rich-primer-global-market-report

Market Drivers and Trends:

The increasing building and construction sector is expected to propel the growth of the zinc-rich primer market going forward. The increase in the building and construction sector are in light with the rising urbanization, increased demand for housing, infrastructure upgrades, favorable government policies, and advancements in construction technology. Zinc-rich primers help the building and construction sectors by providing superior corrosion protection, extending the lifespan of structures, and reducing maintenance costs. For instance, in July 2024, according to the US Census Bureau, a US-based government agency, the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the increase in the building and construction sector is driving the growth of the zinc-rich primer market.

Major companies operating in the zinc-rich primer market are focused on developing advanced eco-friendly solutions such as VOC-free powders to enhance environmental sustainability and meet regulatory standards. VOC-free powders are environmentally friendly coatings that eliminate volatile organic compounds, ensuring safer application while maintaining high performance and durability. For instance, in August 2024, PPG Industries Inc., a US-based paint and coating manufacturing company, launched PPG Primer, an optimal powder primer with optimized zinc. The optimal primer boasts a lower specific gravity of 2.0 than traditional zinc-rich primers, making it lighter and easier to apply, while its 85% transfer efficiency significantly reduces material usage and costs. This innovative primer is solvent-free, minimizing VOC emissions, and provides enhanced adhesion and corrosion resistance, especially in coastal environments. With a superior balance of properties, PPG PRIMERON Optimal exemplifies PPG's dedication to sustainable solutions and advancements in powder coating technology, as noted by Shelley Verdun, business manager for powder coatings.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

The Sherwin-Williams Company, PPG Industries Inc., Akzo Nobel N.V., Sika AG, Axalta Coating Systems, Kansai Paint America Inc., Hempel A/S, MBCC Group, Berger Paints Nigeria Plc, Tnemec Company Inc., Nippon Paint Holdings Co Ltd., Dulux Protective Coatings, Altex Coatings Ltd., Promain, Cromax, Hypo Group, Archify, Metoree, Noelson Chemicals, ProXL, Rust Bullet Australia, Tikkurila Oyj, Toa-chugoku Paints Co Ltd., US Coatings, Zigma Paints Pvt Ltd

Zinc Rich Primer Market 2024 Key Insights:

• The zinc rich primer market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
• Surge In Construction Activity Fuels Need For Enhanced Protective Coatings
• Advancements In Eco-Friendly Powder Primers Enhance Performance And Sustainability
• Asia-Pacific was the largest region in the zinc rich primer market in 2023 and is expected to be the fastest-growing region in the forecast period

We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/customise?id=19242&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.