Market Overview:
The global epoxy topcoat 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 topcoats in end-use industries such as architecture, automobile, and shipbuilding. In addition, the growing demand for water-based epoxy topcoats is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rapid industrialization and rising demand from end-use industries in this region.
Product Definition:
Epoxy Topcoat is a protective coating that is applied to the surface of a material to prevent it from corroding or degrading. It forms a tough, resilient film that can withstand exposure to harsh weather conditions and chemicals. Epoxy topcoat is important because it protects materials from corrosion and degradation, which can cause them to fail prematurely.
Solvent Base:
Solvent base is a transparent or nearly colorless liquid that is added to the epoxy resin during its polymerization. It acts as an integrant in epoxy topcoats and helps them bind with each other, as well as with themselves, thereby providing adhesion to the applied paint.
Water Base:
Water base is a solvent-free epoxy resin that contains about 70% of water. It’s used as a topcoat over paints, varnishes, and stains. The product also finds its usage in the automotive industry for refinishing applications. Water based products are easy to use and they have low VOC emissions which makes them eco-friendly compared to other solvent based products available in the market today.
Application Insights:
The architecture application segment accounted for the largest revenue share of over 40% in 2017. The demand is expected to be driven by the growing construction activities in emerging economies including China, India and Brazil. Furthermore, increasing urbanization across developing countries is likely to augment product demand in architecture applications during the forecast period.
Epoxy coatings are used extensively in automobiles owing to their properties such as hardness, corrosion resistance and durability against harsh environmental conditions including UV rays and temperature changes along with high adhesion strength which helps keep contaminants away from vehicle surface making it clean for a longer period of time. In addition, epoxy coatings provide protection against acid rain along with easy maintenance which enhances their utility as an automotive coating material among others.
The other application segment includes industrial machinery & equipment where epoxy topcoatings are applied on metal surfaces such as cold rolled steel extrusions & sections used in manufacturing machines tools etc.
Regional Analysis:
Asia Pacific dominated the global epoxy topcoat market in 2017. The region is expected to witness a growth rate of 6.8% from 2018 to 2030 owing to increasing construction activities and rising automotive production in the region. In addition, growing industrialization and rapid urbanization are also likely to drive product demand over the forecast period.
Europe accounted for a significant share of revenue in 2017 due to high demand from end-use industries such as shipbuilding, aerospace, and architecture coupled with stringent regulations regarding VOC emissions caused during coating operations.
North America emerged as one of the major consumers of epoxytop coatings on account of presenceof key manufacturers operating within U.S., such as Henkel AG; PPG Industries Inc.; Sherwin-Williams Co.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing awareness about the benefits of epoxy topcoat among consumers
- Rising demand for low VOC epoxy topcoat products
- Technological advancements in the manufacturing of epoxy topcoat products
- Growing popularity of eco-friendly coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Topcoat Market Research Report
By Type
Solvent Base, Water Base
By Application
Architecture, Automobile, Ship, Other
By Companies
BASF, Axalta, Diamond Paints, SACAL, Carpoly, Henkel, RPM, KCC, Sika, M, BASF, AkzoNobel, Jotun, Hempel, Nippon Paint, PPG Industries, Kansai, Chugoku Marine Paint, Sherwin-Williams
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Topcoat Market Report Segments:
The global Epoxy Topcoat market is segmented on the basis of:
Types
Solvent Base, Water Base
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
Architecture, Automobile, Ship, Other
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:
- BASF
- Axalta
- Diamond Paints
- SACAL
- Carpoly
- Henkel
- RPM
- KCC
- Sika
- M
- BASF
- AkzoNobel
- Jotun
- Hempel
- Nippon Paint
- PPG Industries
- Kansai
- Chugoku Marine Paint
- Sherwin-Williams
Highlights of The Epoxy Topcoat 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:
- Solvent Base
- Water Base
- By Application:
- Architecture
- Automobile
- Ship
- Other
- 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 Topcoat 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 topcoat is a type of paint that is made up of two parts: an epoxy resin and a hardener. The epoxy resin is mixed with the hardener, and then the mixture is applied to the surface to be painted. Once it has been applied, the epoxy topcoat will set into place and become durable.
Some of the key players operating in the epoxy topcoat market are BASF, Axalta, Diamond Paints, SACAL, Carpoly, Henkel, RPM, KCC, Sika, M, BASF, AkzoNobel, Jotun, Hempel, Nippon Paint, PPG Industries, Kansai, Chugoku Marine Paint, Sherwin-Williams.
The epoxy topcoat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Topcoat 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 Topcoat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy Topcoat 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 Topcoat 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 Topcoat Market Size & Forecast, 2020-2028
4.5.1 Epoxy Topcoat Market Size and Y-o-Y Growth
4.5.2 Epoxy Topcoat 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 Solvent Base
5.2.2 Water Base
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 Architecture
6.2.2 Automobile
6.2.3 Ship
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Topcoat 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 Topcoat 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 Solvent Base
9.6.2 Water Base
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 Architecture
9.10.2 Automobile
9.10.3 Ship
9.10.4 Other
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 Solvent Base
10.6.2 Water Base
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 Architecture
10.10.2 Automobile
10.10.3 Ship
10.10.4 Other
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 Solvent Base
11.6.2 Water Base
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 Architecture
11.10.2 Automobile
11.10.3 Ship
11.10.4 Other
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 Solvent Base
12.6.2 Water Base
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 Architecture
12.10.2 Automobile
12.10.3 Ship
12.10.4 Other
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 Solvent Base
13.6.2 Water Base
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 Architecture
13.10.2 Automobile
13.10.3 Ship
13.10.4 Other
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 Topcoat Market: Competitive Dashboard
14.2 Global Epoxy Topcoat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Axalta
14.3.3 Diamond Paints
14.3.4 SACAL
14.3.5 Carpoly
14.3.6 Henkel
14.3.7 RPM
14.3.8 KCC
14.3.9 Sika
14.3.10 M
14.3.11 BASF
14.3.12 AkzoNobel
14.3.13 Jotun
14.3.14 Hempel
14.3.15 Nippon Paint
14.3.16 PPG Industries
14.3.17 Kansai
14.3.18 Chugoku Marine Paint
14.3.19 Sherwin-Williams
