DUBLIN, May 27, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Epoxy Coatings Market by Technology (Solvent borne, Waterborne, and Powder-Based) and Application (Construction, Transportation, General Industrial, and Others) - Forecast to 2021" report to their offering.
The epoxy coatings market is estimated to reach USD 33.97 Billion by 2021, at a CAGR of over 5.22% between 2016 and 2021. The drivers identified for the epoxy coatings market are growth in application areas, increased demand for waterborne epoxy coatings, and growing demand from developing nations.
Construction is the largest application of epoxy coatings. The construction industry is driven by rising urbanization in Asia-Pacific and RoW, which has resulted in increased demand for residential, commercial, and industrial infrastructure. Low interest rates on housing loans are also responsible for increase in the demand for new houses, eventually driving the construction application of epoxy coatings.
The powder-based technology of epoxy coatings is growing at the highest rate among all the technologies of epoxy coatings. The demand for epoxy powder-based coatings is expected to increase in the future owing to their non-VOC emission properties, thus providing high growth opportunity to the overall epoxy coatings market.
In the past few years, epoxy powder-based coating has gained substantial popularity as a VOC-free coating technology. This market is expected to grow rapidly in the future with the development of new materials, formulations, and advancement of equipment and application processes. The growth in epoxy powder-based coatings is also driven by high demand from the end-use applications such as construction, transportation, and general industrial.
- Akzonobel N.V.
- Axalta Coating Systems LLC
- BASF SE
- Berger Paints India Ltd.
- Kansai Paint Co. Ltd.
- Nippon Paint Co. Ltd.
- PPG Industries
- RPM International Inc.
- The Sherwin-Williams Company
- The Valspar Corporation
- Tikkurila OYJ
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Patent Details (Page No. - 53)
8 Revenue Pocket Matrix
9 Epoxy Coatings Market, By Technology
10 Epoxy Coatings Market, By Application
11 Epoxy Coatings Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/5zwp8q/epoxy_coatings
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SOURCE Research and Markets