Market Overview:
The global epoxy primer 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 primer in construction, marine, automobile and other applications. Additionally, the growing demand for high-performance coatings is also contributing to the growth of this market.
Product Definition:
Epoxy primer is a type of coating that is typically used as the first layer of protection for metal surfaces. It forms a hard, protective barrier that helps to prevent corrosion and other damage. Additionally, epoxy primer can help to improve the adhesion of subsequent coats of paint or sealant.
Pure Epoxy Paint:
Epoxy paint is a pure epoxy resin-based paint, which is used as a protective coating on various surfaces. It has high resistance to UV light and temperature and thus it can protect the surface from corrosion & rusting. Epoxy paints are available in different formulations depending upon the application such as metal, wood or plastic laminates, concrete floors & walls among others.
Modified Epoxy Paint:
Modified epoxy paint is a type of paint which contains an additive to improve the properties of the base epoxy. The additive may increase or decrease the set speed, viscosity, and hardness of the epoxy depending upon its quantity. The most common additives used are polyester resins (adipic acid), vinyl esters (succinic acid), and alkyd resins (polyurethane).
Application Insights:
Epoxy coatings are used in a variety of applications including construction, marine, automobile, machinery & equipment and others. Construction was the largest application segment with a revenue share of over 40% in 2017. The product is widely used for exterior as well as interior surfaces in residential and commercial buildings owing to its superior characteristics such as durability corrosion resistance weathering resistance flexibility hardness temperature stability and others. Epoxy paints are also extensively used for coating steel structures involved in the transportation of oil & gas pipelines or containers where high-temperature resistance is required along with good adhesion to metal surfaces.
The automotive application segment is expected to witness growth at CAGR around 8% from 2018 to 2030 on account of increasing use epoxy primer paint on aluminum extrusions cold rolled steel sheets plastic moldings rubber parts leather parts fiberglass parts composites magnesium alloy wheels cast iron etc for protection against oxidation wear abrasion corrosion heat stress cracking peeling off etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major automobile manufacturers such as Toyota, Honda, Suzuki, Tata Motors and Hyundai. These companies are investing huge amounts in expanding their production capacities in India and other emerging economies of Asia Pacific. This factor along with growing construction activities due to increasing population is expected to drive product demand over the forecast period.
Europe accounted for a significant share of revenue on account of high application scope within the transportation sector including automotive, marine applications as well as heavy machinery manufacturing industries coupled with extensive use in construction industry for coating wooden furniture etc.
Growth Factors:
- Increasing demand for epoxy primer in the automotive and construction industries as a corrosion-resistant coating
- Rising demand from emerging economies such as China and India
- Growing use of epoxy primer in wind energy sector to prevent rusting of turbine blades
- Increasing popularity of powder coatings over solvent-based coatings, which is driving the growth of the epoxy primer market
- Technological advancements that have led to development of new and improved primers with better performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Primer Market Research Report
By Type
Pure Epoxy Paint, Modified Epoxy Paint
By Application
Construction, Marine, Automobile, Machinery & Equipment, Others
By Companies
AkzoNobel, Jotun, Hempel, Nippon Paint, PPG Industries, Kansai, Chugoku Marine Paint, Sherwin-Williams, BASF, Axalta, AkzoNobel, SACAL, Carpoly, Henkel, RPM, KCC, Sika, 3M, DAW, Hunan Xiangjiang Paint
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Primer Market Report Segments:
The global Epoxy Primer market is segmented on the basis of:
Types
Pure Epoxy Paint, Modified Epoxy Paint
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
Construction, Marine, Automobile, Machinery & Equipment, 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:
- AkzoNobel
- Jotun
- Hempel
- Nippon Paint
- PPG Industries
- Kansai
- Chugoku Marine Paint
- Sherwin-Williams
- BASF
- Axalta
- AkzoNobel
- SACAL
- Carpoly
- Henkel
- RPM
- KCC
- Sika
- 3M
- DAW
- Hunan Xiangjiang Paint
Highlights of The Epoxy Primer 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:
- Pure Epoxy Paint
- Modified Epoxy Paint
- By Application:
- Construction
- Marine
- Automobile
- Machinery & Equipment
- 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 Primer 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 primer is a type of adhesive that is used to adhere two surfaces together. It is typically a white or light-colored powder that can be mixed with water to create a paste. Once applied, the epoxy primer will form a strong bond between the two surfaces.
Some of the major companies in the epoxy primer market are AkzoNobel, Jotun, Hempel, Nippon Paint, PPG Industries, Kansai, Chugoku Marine Paint, Sherwin-Williams, BASF, Axalta, AkzoNobel, SACAL, Carpoly, Henkel, RPM, KCC, Sika, 3M, DAW, Hunan Xiangjiang Paint.
The epoxy primer 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 Primer 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 Primer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy Primer 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 Primer 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 Primer Market Size & Forecast, 2020-2028
4.5.1 Epoxy Primer Market Size and Y-o-Y Growth
4.5.2 Epoxy Primer Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pure Epoxy Paint
5.2.2 Modified Epoxy Paint
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Marine
6.2.3 Automobile
6.2.4 Machinery & Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Primer 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 Primer 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pure Epoxy Paint
9.6.2 Modified Epoxy Paint
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 Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Marine
9.10.3 Automobile
9.10.4 Machinery & Equipment
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pure Epoxy Paint
10.6.2 Modified Epoxy Paint
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 Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Marine
10.10.3 Automobile
10.10.4 Machinery & Equipment
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pure Epoxy Paint
11.6.2 Modified Epoxy Paint
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 Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Marine
11.10.3 Automobile
11.10.4 Machinery & Equipment
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pure Epoxy Paint
12.6.2 Modified Epoxy Paint
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 Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Marine
12.10.3 Automobile
12.10.4 Machinery & Equipment
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pure Epoxy Paint
13.6.2 Modified Epoxy Paint
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) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Marine
13.10.3 Automobile
13.10.4 Machinery & Equipment
13.10.5 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 Primer Market: Competitive Dashboard
14.2 Global Epoxy Primer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Jotun
14.3.3 Hempel
14.3.4 Nippon Paint
14.3.5 PPG Industries
14.3.6 Kansai
14.3.7 Chugoku Marine Paint
14.3.8 Sherwin-Williams
14.3.9 BASF
14.3.10 Axalta
14.3.11 AkzoNobel
14.3.12 SACAL
14.3.13 Carpoly
14.3.14 Henkel
14.3.15 RPM
14.3.16 KCC
14.3.17 Sika
14.3.18 3M
14.3.19 DAW
14.3.20 Hunan Xiangjiang Paint
