Market Overview:
The global epoxy phenolic coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for epoxy phenolic coatings from various end-use industries, such as container, storage tank, food tank, and others. In terms of type, the single component segment is expected to dominate the global epoxy phenolic coating market during the forecast period. This can be attributed to its easy application and low cost as compared to dual component coatings.
Product Definition:
Epoxy phenolic coating is a type of protective coating that is used to protect metal surfaces from corrosion. It is a two-part system that consists of an epoxy resin and a phenolic resin. The epoxy resin forms a tough, waterproof barrier, while the phenolic resin provides extra protection against corrosion. Epoxy phenolic coatings are commonly used on steel bridges, pipelines, and other infrastructure projects.
Single Component:
Single component epoxy phenolic coating is a single component system that contains no other additives or fillers. It is manufactured by the reaction of phenol with an excess amount of epichlorohydrin in the presence of a catalyst at high temperature. Single Component Epoxy (SC-EP) coatings are used for various applications such as wood, furniture, and panel products where appearance and durability are important factors.
Dual Component:
Dual component epoxy phenolic coating is a two part epoxy resin based system that contains hardening agents as well as cross-linking agents. The coating consists of two components, one of them being an uncured polymer that is still liquid and the other component being a catalyst which has been previously mixed with the liquid uncured polymer to attain an even distribution of components across the surface.
Application Insights:
Epoxy phenolic coatings are used for a wide range of applications including container, storage tank, food tank, and others. Storage tanks were the largest application segment with a revenue share of over 30% in 2017. These coatings offer superior corrosion resistance and high-temperature stability which is likely to drive their demand in this application segment over the forecast period. Epoxy coating is also expected to witness significant demand from containers as it offers excellent heat resistance along with good chemical & solvent resistance properties. The Asia Pacific region is projected to exhibit strong growth on account of rising infrastructure spending as well as industrialization in India & China coupled with favorable government policies regarding energy generation and adoption of renewable sources such as solar energy for heating purposes will boost epoxy resin consumption which subsequently drives market growth across the globe.
Regional Analysis:
Asia Pacific dominated the global epoxy phenolic coating market in terms of both volume and revenue. The region is expected to witness significant growth over the forecast period owing to increasing construction activities, especially in emerging economies such as China and India. In addition, rising demand for food products is anticipated to drive industry expansion over the coming years.
The growing automotive industry across Asia Pacific countries such as India, China, Indonesia and Thailand are also likely to contribute significantly towards product demand in near future. Growing investments by various governments aimed at promoting domestic manufacturing capabilities are estimated to further fuel regional growth during the forecast period.
Europe was estimated as one of the largest consumers of epoxy coatings globally due high consumption volumes for storage tanks application segmented into Western Europe (UK) and Eastern Europe (Russia).
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising awareness about the benefits of epoxy phenolic coatings among consumers
- Growing investments by leading players in research and development activities to develop new and innovative products
- Proliferation of online marketing channels that offer a wide range of epoxy phenolic coatings products at competitive prices
- Expansion of global trade routes that are facilitating the export of epoxy phenolic coatings from countries with established production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Phenolic Coating Market Research Report
By Type
Single Component, Dual Component
By Application
Container, Storage Tank, Food Tank, Others
By Companies
Nippon Paint, Akzo Nobel NV, Allnex, Hempel Group, Berger Paints, Hentzen Coatings Inc, Sherwin-Williams, Rangin Zereh, Tikkurila, DuluxGroup, Nippon Paint, TECHNOCHROM, Kansai Paint, Aremco, Nan Pao Resins Chemical, Inner Mongolia Rational Industry Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Phenolic Coating Market Report Segments:
The global Epoxy Phenolic Coating market is segmented on the basis of:
Types
Single Component, Dual Component
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Container, Storage Tank, Food Tank, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nippon Paint
- Akzo Nobel NV
- Allnex
- Hempel Group
- Berger Paints
- Hentzen Coatings Inc
- Sherwin-Williams
- Rangin Zereh
- Tikkurila
- DuluxGroup
- Nippon Paint
- TECHNOCHROM
- Kansai Paint
- Aremco
- Nan Pao Resins Chemical
- Inner Mongolia Rational Industry Limited
Highlights of The Epoxy Phenolic Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Component
- Dual Component
- By Application:
- Container
- Storage Tank
- Food Tank
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Epoxy Phenolic Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Epoxy phenolic coating is a type of protective coating that is made up of small, hard particles that are mixed with epoxy resin. The mixture is then applied to the surface to be coated and cured. Epoxy phenolic coatings are used on a variety of surfaces, including metal, plastic, and wood. They offer superior protection against corrosion and other environmental factors.
Some of the key players operating in the epoxy phenolic coating market are Nippon Paint, Akzo Nobel NV, Allnex, Hempel Group, Berger Paints, Hentzen Coatings Inc, Sherwin-Williams, Rangin Zereh, Tikkurila, DuluxGroup, Nippon Paint, TECHNOCHROM, Kansai Paint, Aremco, Nan Pao Resins Chemical, Inner Mongolia Rational Industry Limited.
The epoxy phenolic coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Phenolic Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Epoxy Phenolic Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy Phenolic Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Epoxy Phenolic Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Epoxy Phenolic Coating Market Size & Forecast, 2018-2028
4.5.1 Epoxy Phenolic Coating Market Size and Y-o-Y Growth
4.5.2 Epoxy Phenolic Coating Market Absolute $ Opportunity
Chapter 5 Global Epoxy Phenolic Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Epoxy Phenolic Coating Market Size Forecast by Type
5.2.1 Single Component
5.2.2 Dual Component
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Epoxy Phenolic Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Epoxy Phenolic Coating Market Size Forecast by Applications
6.2.1 Container
6.2.2 Storage Tank
6.2.3 Food Tank
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Phenolic Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Epoxy Phenolic Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Epoxy Phenolic Coating Analysis and Forecast
9.1 Introduction
9.2 North America Epoxy Phenolic Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Epoxy Phenolic Coating Market Size Forecast by Type
9.6.1 Single Component
9.6.2 Dual Component
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Epoxy Phenolic Coating Market Size Forecast by Applications
9.10.1 Container
9.10.2 Storage Tank
9.10.3 Food Tank
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Epoxy Phenolic Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Epoxy Phenolic Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Epoxy Phenolic Coating Market Size Forecast by Type
10.6.1 Single Component
10.6.2 Dual Component
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Epoxy Phenolic Coating Market Size Forecast by Applications
10.10.1 Container
10.10.2 Storage Tank
10.10.3 Food Tank
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Epoxy Phenolic Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Epoxy Phenolic Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Epoxy Phenolic Coating Market Size Forecast by Type
11.6.1 Single Component
11.6.2 Dual Component
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Epoxy Phenolic Coating Market Size Forecast by Applications
11.10.1 Container
11.10.2 Storage Tank
11.10.3 Food Tank
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Epoxy Phenolic Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Epoxy Phenolic Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Epoxy Phenolic Coating Market Size Forecast by Type
12.6.1 Single Component
12.6.2 Dual Component
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Epoxy Phenolic Coating Market Size Forecast by Applications
12.10.1 Container
12.10.2 Storage Tank
12.10.3 Food Tank
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Epoxy Phenolic Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Epoxy Phenolic Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Epoxy Phenolic Coating Market Size Forecast by Type
13.6.1 Single Component
13.6.2 Dual Component
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Epoxy Phenolic Coating Market Size Forecast by Applications
13.10.1 Container
13.10.2 Storage Tank
13.10.3 Food Tank
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Epoxy Phenolic Coating Market: Competitive Dashboard
14.2 Global Epoxy Phenolic Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Paint
14.3.2 Akzo Nobel NV
14.3.3 Allnex
14.3.4 Hempel Group
14.3.5 Berger Paints
14.3.6 Hentzen Coatings Inc
14.3.7 Sherwin-Williams
14.3.8 Rangin Zereh
14.3.9 Tikkurila
14.3.10 DuluxGroup
14.3.11 Nippon Paint
14.3.12 TECHNOCHROM
14.3.13 Kansai Paint
14.3.14 Aremco
14.3.15 Nan Pao Resins Chemical
14.3.16 Inner Mongolia Rational Industry Limited
