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Global epoxy primer market is expected to registering a substantial CAGR of 5.25% in the forecast by 2026

Global epoxy primer market

Definition:

Epoxy primer refers to sealer that is a non-porous finish. It is primarily recommended as the first base coat over bare steel. These base coats or epoxy primers can be used over fiberglass, plastic or the black iron phosphate coating. Epoxy primers are used for a wide variety of materials due to their strong adhesion, good mechanical ability, and durable chemical resistance in wet and high-humidity environments. The ability of an epoxy primer to resist corrosion is related to its thickness; the thicker the epoxy primer layer, the better the protection.

 

Analysis of Global epoxy primer market report:

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.

 

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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

 

Market Restraints:

  • Strict environment regulations is restraining the growth of this market
  • High price of the raw material is another factor restraining the growth of this market

 

Leading Key players profiled in this report are:

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.

 

Global epoxy primer market Segmentation:

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

 

Competitive Analysis:

Global epoxy primer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of epoxy primer market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

 

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The Global epoxy primer market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global epoxy primer market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

 

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