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Zinc Rich Primer Market Landscape 2025: Forecast Data and Growth Strategy Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Zinc Rich Primer Market Through 2025?
In recent times, the market for zinc rich primer has experienced substantial growth, with its size escalating from $1.38 billion in 2024 to an expected $1.47 billion in 2025. This reflects a compound annual growth rate (CAGR) of 6.5%. Factors such as industrial growth, development in coating technology, mounting requirements for infrastructure, tougher environmental regulations, along with the enlargement of the automotive and marine sectors, are responsible for this historical period growth.
What's the Projected Size of the Global Zinc Rich Primer Market by 2029?
In the coming years, a robust growth is projected in the market size of zinc rich primer, expanding to $1.87 billion in 2029 with a compound annual growth rate (CAGR) of 6.2%. This progression during the projection span can be ascribed to factors such as escalated infrastructure growth, upsurge in industrial activities, strict anti-corrosion regulations, expansion in the marine and oil & gas sectors, and evolution in coating technologies. The forecast period will witness major trends including higher acceptance of green formulations, advancements in high-performance coatings, expansion in emerging markets, increasing demand in the renewable energy field, and innovation in application methodologies.
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Top Growth Drivers in the Zinc Rich Primer Industry: What's Accelerating the Market?
The expansion of the building and construction industry is anticipated to stimulate the zinc-rich primer market's growth in the future. The swell in this sector aligns with escalating urbanization, increased demand for residential buildings, infrastructure improvements, positive governmental regulations, and progress in construction technology. Zinc-rich primers serve the building and construction sectors in offering excellent corrosion protection, extending structural longevity, and cutting maintenance costs. For instance, the US Census Bureau reported in July 2024 that construction operations value rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Hence, the upsurge in the building and construction industry acts as a catalyst for the growth of the zinc-rich primer market.
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What Trends Will Shape the Zinc Rich Primer Market Through 2029 and Beyond?
Major firms in the zinc-rich primer market are investing in the development of sophisticated eco-friendly products, such as VOC-free powders, to promote environmental sustainability and comply with regulatory standards. VOC-free powders are green coatings that rid of volatile organic compounds, allowing for safer usage while maintaining top-tier performance and durability. For example, PPG Industries Inc., a paint and coatings manufacturer from the US, in August 2024, introduced PPG Primer, an exceptional powder primer enriched with zinc. This advanced primer has a less specific gravity of 2.0 than conventional zinc-rich primers, making it lighter and simpler to use, plus its 85% transfer efficiency considerably cuts back on material consumption and cost. This inventive primer omits the need for solvents, hence reducing VOC emissions, and grants enhanced adhesion and resistance to corrosion, particularly in marine settings. PPG PRIMERON Optimal, with its superior range of attributes, symbolizes PPG's commitment to eco-friendly solutions and progress in powder coating technology, as stated by Shelley Verdun, the business manager for powder coatings.
What Are the Main 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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Which Top Companies are Driving Growth in the Zinc Rich Primer Market?
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
Which Regions Will Dominate the Zinc Rich Primer Market Through 2029?
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.
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