Epoxy Primer Market – 3M, Hempel Group, RPM International Inc., TIKKURILA OYJ, Berger Paints India Limited, CARPOLY

Epoxy Primer Market

Epoxy Primer market is anticipated to witness growth during the forecast period due to growing demand at the end user level. The Epoxy Primer report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Integrated approaches and latest technology have been employed for the best results while generating such market research report. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market.

Global Epoxy Primer Market is expected to rise from its initial estimated value by registering a substantial CAGR of 5.25% in the forecast period of 2019-2026. Rising demand of epoxy primer in various applications is the major factor for the growth of this market.

Epoxy primer is a sealer that is used to provide good surface, finish to the coats and is usually non- porous in nature. They usually consist of zinc phosphate which usually acts as the corrosion prohibition pigment. Epoxy primers have good water resistance and have good adhesion. They are widely used in application such as automotive, marine, machinery among others.

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Market Drivers:

  • Rising demand of epoxy primer to reduce the damage caused by corrosion is driving the growth of this market
  • Increasing usage of epoxy primer in various applications will drive the market growth
  • Increasing government investment in infrastructural development is boosting the growth of the market
  • Growth in automotive and construction industry will also drive the market growth

Segmentation: Global Epoxy Primer Market

By Substrate

  • Metal
  • Concrete &Masonry
  • Fiberglass
  • Others

By Application

  • Building & Construction
  • Automotive
  • Marine
  • Machinery &Equipment
  • Others

By Technology

  • Solvent-Borne Technology
  • Waterborne Technology

By Type

  • Pure Epoxy Paint
  • Modified Epoxy Paint

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

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Key Developments in the Market:

  • In February 2017, Axalta Coating Systems announced that they are going to acquire e Century Industrial Coatings. This acquisition will help the company to expand their entirely new range of products with best-in-class service. This will assist the company to expand their business in global market by providing  advanced and high quality industrial coatings, which consist of E-Coat, powder and liquid industrial products
  • In May 2016, Teknos announced the acquisition with Feidal Coatings. The main aim of this acquisition is to strengthen their position in general industry coatings which will assist them to provide better and improved services to the customers. The acquisition includes Feidal GmbH & Co KG in Bruggen, Germany and the industrial business of Feidal Polska SP.z.o.o. Industrial coatings so that they can also produce metal

Key Market Competitors:

Few of the major competitors currently working in global epoxy primer market are PPG Industries, Inc, Akzo Nobel N.V., The Sherwin-Williams Company, Axalta Coating Systems, BASF SE, Nippon Paint (India) Company Limited., Jotun, Asian Paints, Kansai Paint Co.,Ltd., 3M, Hempel Group, RPM International Inc., TIKKURILA OYJ, Berger Paints India Limited, CARPOLY., Sika AG, Diamond Vogel., TOA Performance Coating Corporation Co., Ltd., Chugoku Marine Paints, Ltd., NOROO Paint & Coatings Co Ltd.

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