Epoxy surface coatings market 2025 Evolution boosting the growth Worldwide

Growth witnessed in automobile production over the past few years is likely to drive epoxy surface coatings market price, particularly in Asia Pacific. Automobile manufacturers are shifting manufacturing base to countries such as Thailand and Indonesia owing to government incentive schemes and cheap labor wages. Countries such as China and India are witnessing population expansion and growth in per-capita middle class disposable income which us expected to drive automobile demand in Asia Pacific.

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China epoxy surface coatings market was the largest in 2014 and is expected to witness an increase in demand owing to growth observed in shipbuilding & repair and other end-use industries such as petrochemicals, steel and pulp & paper. China has also increased epoxy resins production capacity over the past few years owing to meet the demand.

India, Thailand, Taiwan, Malaysia and Indonesia accounted for more than 12% of the total demand. India epoxy surface coatings market. dominated regional industry, with powder based coating leading the demand. Some of the countries in this region such as Indonesia and Thailand are major automobile manufacturers and are key shipbuilding participants. These aforementioned factors are expected to be drive market.

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At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the epoxy surface coatings market. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

Europe is likely to witness sluggish gains over the forecast period and is likely to witness an increase in demand owing to growth of automobile industry, particularly in Germany, France and UK. North America is likely to witness below average growth rates over the forecast period.

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The global epoxy surface coatings market share is moderately consolidated. Key companies in this industry include Akzo Nobel, Henkel, BASF and Kansai Nerolac. Other prominent companies include Sika AG, PPG Industries, RPM International, The Valspar Corp, Axalta Coating Systems and The Sherwin-Williams Company.

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