Press release
Zinc Rich Primer Market Size Forecasted To Achieve $1.87 Billion By 2029 With Steady Growth
Zinc Rich Primer Market
What Is the Zinc Rich Primer Market Size and Projected Growth Rate?
The zinc-rich primer market will grow from $1.38 billion in 2024 to $1.47 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth is attributed to industrialization, advancements in coating technology, increased infrastructure needs, stricter environmental regulations, and expansion in the automotive and marine industries.
The zinc-rich primer market is expected to see strong growth, reaching $1.87 billion in 2029, with a CAGR of 6.2%. The growth is attributed to infrastructure development, industrial activity increases, anti-corrosion regulations, growth in the marine and oil & gas sectors, and coating technology advancements. Trends include eco-friendly formulations, high-performance coating advancements, emerging market growth, renewable energy sector demand, and innovations in application techniques.
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What Are the Major Segments in the Zinc Rich Primer Market?
The zinc rich primermarket covered in this report is segmented -
1) By Type: Epoxy Zinc Rich Coatings, Chlorinated Rubber Zinc Rich Coating, Vinyl Resin Zinc Rich Coating, Polyurethane Zinc Rich Coating
2) By Application: Steel Tanks, Offshore Platforms, Bridges, Refineries, Petrochemical And Power Plants, Railcar Coating, Other Applications
3) By End User: Automotive, Marine, Oil And Gas, Construction, Infrastructure
Subsegments:
1) By Epoxy Zinc Rich Coatings: Single Component Epoxy, Two Component Epoxy
2) By Chlorinated Rubber Zinc Rich Coating: Fast-Drying Chlorinated Rubber, Standard Chlorinated Rubber
3) By Vinyl Resin Zinc Rich Coating: Low Temperature Cure Vinyl, High Temperature Cure Vinyl
4) By Polyurethane Zinc Rich Coating: Aliphatic Polyurethane, Aromatic Polyurethane
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What Are The Driving Zinc Rich Primer Market Evolution?
The growing construction sector is expected to drive the growth of the zinc-rich primer market. The sector is expanding due to increased urbanization, housing demand, and government support for infrastructure development. Zinc-rich primers provide corrosion protection, extending the lifespan of structures. For example, U.S. construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the growth of the construction sector is driving the zinc-rich primer market.
Which Firms Dominate The Zinc Rich Primer Market Segments?
Major companies operating in the zinc rich primer market are 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
What Trends Are Expected to Dominate the Zinc Rich Primer Market in the Next 5 Years?
Major Companies in the zinc-rich primer market are developing advanced eco-friendly products, such as VOC-free powders, to support environmental sustainability and meet regulatory standards. VOC-free powders 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 manufacturer, launched PPG Primer, an optimized powder primer with zinc. This primer has a lower specific gravity of 2.0 compared to traditional zinc-rich primers, making it easier to apply. With an 85% transfer efficiency, it significantly reduces material usage and costs. The primer is solvent-free, minimizes VOC emissions, and offers enhanced adhesion and corrosion resistance, particularly in coastal areas. This product showcases PPG's commitment to sustainable solutions and advancements in powder coating technology.
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Which Is The Largest Region In The Zinc Rich Primer Market?
Asia-Pacific was the largest region in the zinc rich primer market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the zinc rich primer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Zinc Rich Primer Market?
2. What is the CAGR expected in the Zinc Rich Primer Market?
3. What Are the Key Innovations Transforming the Zinc Rich Primer Industry?
4. Which Region Is Leading the Zinc Rich Primer Market?
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