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Global Epoxy Primer Market Size By Technology, By Substrate, By Application, By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Epoxy Primer Market Size By Technology, By Substrate, By Application, By Geographic Scope And Forecast

Epoxy Primer Market Size And Forecast

Epoxy Primer Market size was valued at USD 9.1 Billion in 2024 and is projected to reach USD 13.2 Billion by 2031, growing at a CAGR of 5.2% from 2024 to 2031

Factors such as the growing demand for high-performance epoxy primers as well as the high demand for epoxy primers in various applications are facilitating the growth of the market. The Global Epoxy Primer Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Epoxy Primer Market Definition

Epoxy primer is a sealer that has a non-porous finish, the primer can even be used on cracks and dents. Epoxy primers will be used over a spread of materials like fiberglass, plastic, or the black iron phosphate coating. The most advantage of epoxy primers is their sensible bonding capability and their glorious surface end. Epoxy primers provide effective adhesion to metals, further as function a correct base for additional undercoat products and topcoats.

Epoxy primer may be a sealer that produces a superb non-porous end on the applied topcoats. It is a superior bonding capability and offers glorious adhesion to good types of substrates like metal, concrete, wood, fiberglass, and others. It conjointly has waterproof and corrosion inhibition capabilities. Therefore, it is most popular in numerous applications like building & construction, automotive, marine, and machinery & instrumentation. Epoxy primer may be a sealer used to give a superb surface end on applied topcoats.

It will be applied to waterproof materials that consequently preserve the clean metal from corrosion. Epoxy primers area units are applied over many metal substrates and are generally used on metal substrates for varied end-use industries like marine, energy, automotive, infrastructural structures, aviation, and oil & gas. It is a kind of liquid coating used on many materials like steel, stainless steel, fiberglass, galvanized steel, and wood. The principal advantage of epoxy primers is their useful bonding capability and their superior surface end. Epoxy primers provide adequate adhesion to metals and further work as a correct base for extra undercoat products and topcoats.

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Global Epoxy Primer Market Overview

Factors like the growing demand for superior epoxy primers further because the high demand for epoxy primers in varied applications are facilitating the expansion of the market. Alternative factors that are aiding the market embody the increasing got to scale back the loss that’s caused by corrosion. Factors like unsteady material cost further as tight government rules are restraining the expansion of the market. The augmented consumption of epoxy primer around the world, as a result of a surge in demand from various industries like building and construction, automotive, and also the oil and gas sector, is probably going to drive the global Epoxy Primer Market.

Moreover, the augmented demand to stop corrosion-related losses and also the widespread usage of superior epoxy primers is projected to spice up the expansion of the worldwide Epoxy Primer Market. what is more, the growing industrial enterprise is anticipated to propel the Epoxy Primer Market throughout the forecast period. Epoxy primer coatings facilitate to stay the fabric waterproof whereas preventing it from being rusty. it always consists of zinc phosphate that typically acts as a corrosion inhibiting pigment. The growing demand for an epoxy primer in numerous applications and also the growing awareness to scale back the loss caused by corrosion are expected to drive the Epoxy Primer Market growth.

The booming automotive sector has resulted in an enriched & additive paint & coatings want, therefore increasing the market size of the epoxy primer. an epoxy primer can also be applied to rusty steel as a corrosion matter. Epoxy primers provide glorious adhesion and corrosion resistance properties, that create them preferred for varied applications like building & construction, automotive, marine, oil & gas, energy, and machinery & instrumentation. the main target of infrastructural development and construction activities in rising economies like APAC and also the geographic region & Africa is driving the demand for epoxy primers within the building & construction application. Automotive and marine are vital application areas of epoxy primer.

The automotive application is anticipated to register high growth throughout the forecast period. Automotive sales in APAC have witnessed steady growth within the past few years. Epoxy primers are employed in the automotive business on metals and fiberglass. It improves surface smoothness, will increase basecoat and overcoat adhesion, and conjointly protects vehicles from ultraviolet rays. These factors, as well as government support, are reasons for the increasing demand for epoxy primers throughout the forecast period.

Global Epoxy Primer Market Segmentation Analysis

The Global Epoxy Primer Market is Segmented on the basis of Technology, Substrate, Application, And Geography.

Epoxy Primer Market, By Technology

• Solvent-Borne Technology• Waterborne Technology

Based on Technology, the market is segmented into Solvent-Borne Technology and Waterborne Technology.

Epoxy Primer Market, By Substrate

• Concrete & Masonry• Fiberglass• Metal• Others

Based on Substrate, the market is segmented into Concrete & Masonry, Fiberglass, Metal, and Others.

Epoxy Primer Market, By Application

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

Based on Application, the market is segmented into Marine, Machinery & Equipment, Building & Construction, Automotive, and Others.

Epoxy Primer Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Epoxy Primer Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Epoxy Primer Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as PPG Industries, AkzoNobel, Nippon Paint, 3M, Sherwin-Williams, Jotun, Asian Paints, Kansai Paint, Axalta Coating Systems and BASF SE.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

PPG Industries AkzoNobel, Nippon Paint, 3M, Sherwin-Williams, Jotun, Asian Paints, Kansai Paint, Axalta Coating Systems, and BASF SE

SEGMENTS COVERED

Technology, Substrate,  Application, And Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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