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Zinc Rich Primer Market is Anticipated to Expand upto $1.82 Billion in 2029
Zinc Rich Primer
What Is the Forecasted Market Growth Rate of the Zinc Rich Primer Industry?
In recent times, the market size for zinc rich primer has seen consistent growth. It is projected to increase from a worth of $1.38 billion in 2024 to about $1.45 billion in 2025, growing at a compound annual growth rate (CAGR) of 4.8%. This progression in the historic phase can be linked to the expansion of industrialisation, enhancements in coating technology, escalating infrastructure necessities, strengthened environmental rules, and the broadening of automotive and marine sectors.
How Will the Zinc Rich Primer Market Size Evolve From 2025 to 2029?
In the upcoming years, the market size for zinc rich primer is set to experience robust growth, with predictions estimating it to reach $1.82 billion by 2029, which implies a compound annual growth rate (CAGR) of 5.8%. The projected growth during the forecast period can be linked to expanding infrastructure development, escalating industrial actions, stringent regulations against corrosion, expansion in the marine and oil & gas industries, and progression in coating mechanisms. The forecast period is expected to see numerous trends including a surge in the embracing of environmentally-friendly formulas, advancements in high-performance coatings, expansion in budding markets, growing demands in the renewable energy sector, and innovative developments in application methodologies.
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What Are the Main Growth Drivers in the Zinc Rich Primer Market Today?
The surge in construction and building activities is anticipated to fuel the expansion of the zinc-rich primer market. The construction sector's growth is attributed to the escalating urbanization, housing demand, infrastructure improvements, supportive government initiatives, and advances in building technology. The sector benefits from the use of zinc-rich primers due to their superior resistance to corrosion, contributing to longer-lasting structures and reduced upkeep expenses. For instance, data from the US Census Bureau, an American government institution, revealed that construction work's value increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. As a result, the expanding construction industry powers the development of the zinc-rich primer market.
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Which Zinc Rich Primer Market Segment Is Expected to Lead Through 2029?
The zinc rich primer market 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
Which Market Trends Are Expected to Dominate Zinc Rich Primer Industry Growth?
Major market players in the zinc-rich primer sector are prioritizing the development of advanced, environmentally friendly products, such as VOC-free powders. These help to advance environmental sustainability and comply with regulatory standards. VOC-free powders act as eco-friendly coatings that do not release volatile organic compounds, maintaining a high level of performance and endurance and ensuring a safer application process. For instance, PPG Industries Inc., a U.S. based paint and coatings manufacturer, in August 2024, introduced an innovative product, the PPG Primer, a superior powder primer enriched with zinc. This primer is distinctively lightweight and easier to apply due to its lower specific gravity of 2.0 compared to the conventional zinc-rich primers. Its impressive 85% transfer efficiency substantially lessens material usage and expenses. The PPG PRIMERON Optimal is a solvent-free primer that helps to minimize VOC emissions. It offers improved adhesion and fights off corrosion, especially in seaside locations, according to Shelley Verdun, the business manager for powder coatings. With a unique blend of features, this primer represents PPG's commitment to sustainable advancements in the technology of powder coating.
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Which Companies Hold the Largest Market Share in the Zinc Rich Primer Sector?
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
Where Is the Zinc Rich Primer Market Experiencing the Highest Growth?
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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