Market Overview:
The global waterborne epoxy coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for waterborne epoxy coatings from various end-use industries, such as industrial, commercial, public and other sectors. In terms of volume, the industrial sector is expected to account for the largest share of the global waterborne epoxy coating market in 2018. This can be attributed to the growing demand for high-performance coatings from various end-use industries that are operating in developed countries across North America and Europe regions.
Product Definition:
A waterborne epoxy coating is a type of paint that contains epoxy resin as its main binder. This type of paint is used to protect surfaces from weathering, corrosion, and other environmental damage.
Water-base epoxy top coating:
Water-based epoxy top coatings are used to protect the substrate from UV rays, moisture and other environmental factors. The coating is applied on wood, metal, plastic or concrete surfaces in various thicknesses for different applications. It can also be used as a primer for better adhesion of paints to the substrate.
Water-base epoxy primer coating:
Water-based epoxy primer coating is a water-soluble polymer base that is used as an adhesive to the substrate. It has high adhesion properties and can be easily applied by spray, brush or roller. Primer coatings are usually thin and have low viscosity compared to solvent borne epoxy coatings.
Application Insights:
The demand for the product in industrial applications accounted for over 55% of the overall market share in 2017. The growth can be attributed to increasing use of waterborne coatings as a primer or top coating on metal, plastic and wood surfaces in industries such as automotive, marine, construction and furniture. Epoxy coatings are used extensively owing to their superior properties including resistance against corrosion & acids along with high durability & strength which is likely to propel industry expansion over the forecast period.
Epoxy paints are widely used by ship owners and operators across all major maritime markets including Europe, Asia Pacific and North America due to their excellent resistance against abrasion & chipping caused by sea debris on board ships resulting into less maintenance costs incurred during operations. In addition, these paints exhibit high adhesion between substrates such as fiberglass/wood panels resulting into increased utilization on account of rising demand from end-users at global level.
Regional Analysis:
Asia Pacific was the largest market for waterborne epoxy coatings in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 59.1% in 2016 and is anticipated to witness significant growth over the forecast period owing to increasing infrastructure activities coupled with rising industrial production output, especially in China, India, Vietnam, Thailand among other Southeast Asian countries.
Europe emerged as the second-largest consumer of waterborne epoxy coatings on account of growing demand from several end-use industries including construction & architecture (residential buildings), automotive (trucks), marine (boats) among others. North America also holds a considerable share due to high demand from residential application segment mainly driven by U.S.
Growth Factors:
- Increasing demand from the end-use industries such as construction, automotive and marine sectors
- Rising awareness about the benefits of waterborne epoxy coatings over solvent-borne coatings among consumers
- Growing inclination of consumers towards environment-friendly products
- Proliferation of nanotechnology in waterborne epoxy coatings that enhances their properties
- Technological advancements in manufacturing processes that lead to cost reductions
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterborne Epoxy Coating Market Research Report
By Type
Water-base epoxy top coating, Water-base epoxy primer coating
By Application
Industrial, Commercial, Public, Other
By Companies
Huntsman Advanced Materials, Hexion, Jotun, AkzoNobel, The Sherwin-Williams Company, PPG Industries, COROTECH, Hychem, Ching Tai Resins Chemical
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Waterborne Epoxy Coating Market Report Segments:
The global Waterborne Epoxy Coating market is segmented on the basis of:
Types
Water-base epoxy top coating, Water-base epoxy primer coating
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
Industrial, Commercial, Public, 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:
- Huntsman Advanced Materials
- Hexion
- Jotun
- AkzoNobel
- The Sherwin-Williams Company
- PPG Industries
- COROTECH
- Hychem
- Ching Tai Resins Chemical
Highlights of The Waterborne Epoxy 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:
- Water-base epoxy top coating
- Water-base epoxy primer coating
- By Application:
- Industrial
- Commercial
- Public
- 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 Waterborne Epoxy 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?
Waterborne epoxy coating is a type of epoxy coating that is applied to objects or surfaces using a water-based solution. The solution is then sprayed or droplets fired onto the object or surface, where it hardens into an adhesive film.
Some of the major companies in the waterborne epoxy coating market are Huntsman Advanced Materials, Hexion, Jotun, AkzoNobel, The Sherwin-Williams Company, PPG Industries, COROTECH, Hychem, Ching Tai Resins Chemical.
The waterborne epoxy coating market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Waterborne Epoxy Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Waterborne Epoxy Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waterborne Epoxy Coating Market - Supply Chain
4.5. Global Waterborne Epoxy Coating Market Forecast
4.5.1. Waterborne Epoxy Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waterborne Epoxy Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Waterborne Epoxy Coating Market Absolute $ Opportunity
5. Global Waterborne Epoxy Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Waterborne Epoxy Coating Market Size and Volume Forecast by Type
5.3.1. Water-base epoxy top coating
5.3.2. Water-base epoxy primer coating
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Waterborne Epoxy Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Waterborne Epoxy Coating Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Public
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Waterborne Epoxy Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Waterborne Epoxy Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Waterborne Epoxy Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Waterborne Epoxy Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Waterborne Epoxy Coating Demand Share Forecast, 2019-2026
9. North America Waterborne Epoxy Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Waterborne Epoxy Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Waterborne Epoxy Coating Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Public
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Waterborne Epoxy Coating Market Size and Volume Forecast by Type
9.7.1. Water-base epoxy top coating
9.7.2. Water-base epoxy primer coating
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Waterborne Epoxy Coating Demand Share Forecast, 2019-2026
10. Latin America Waterborne Epoxy Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Waterborne Epoxy Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Waterborne Epoxy Coating Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Public
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Waterborne Epoxy Coating Market Size and Volume Forecast by Type
10.7.1. Water-base epoxy top coating
10.7.2. Water-base epoxy primer coating
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Waterborne Epoxy Coating Demand Share Forecast, 2019-2026
11. Europe Waterborne Epoxy Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Waterborne Epoxy Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Waterborne Epoxy Coating Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Public
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Waterborne Epoxy Coating Market Size and Volume Forecast by Type
11.7.1. Water-base epoxy top coating
11.7.2. Water-base epoxy primer coating
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Waterborne Epoxy Coating Demand Share, 2019-2026
12. Asia Pacific Waterborne Epoxy Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Waterborne Epoxy Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Waterborne Epoxy Coating Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Public
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Waterborne Epoxy Coating Market Size and Volume Forecast by Type
12.7.1. Water-base epoxy top coating
12.7.2. Water-base epoxy primer coating
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Waterborne Epoxy Coating Demand Share, 2019-2026
13. Middle East & Africa Waterborne Epoxy Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Waterborne Epoxy Coating Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Waterborne Epoxy Coating Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Public
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Waterborne Epoxy Coating Market Size and Volume Forecast by Type
13.7.1. Water-base epoxy top coating
13.7.2. Water-base epoxy primer coating
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Waterborne Epoxy Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Waterborne Epoxy Coating Market: Market Share Analysis
14.2. Waterborne Epoxy Coating Distributors and Customers
14.3. Waterborne Epoxy Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huntsman Advanced Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hexion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jotun
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AkzoNobel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Sherwin-Williams Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PPG Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COROTECH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hychem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ching Tai Resins Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
