The global solid epoxy coating market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031). The growth of the solid epoxy coating market is driven by its mechanical properties and resistance to thermal stress and degradation, making it highly suitable for various industrial applications. Solid epoxy coatings are widely used in industries such as chemical, pharmaceutical, energy, pulp, desulphurization plants, and water treatment plants.
One of the key advantage of solid epoxy coatings is their resistance to salts, solvents, alkalis, alkaline, acids, making them ideal for chemical processing areas. This feature contributes to the market’s growth during the forecast period. Additionally, solid epoxy coatings is also used as flooring material, especially in warehouses, workshops and production areas offering ease of maintenance, seamless and liquid-tight surfaces, and excellent resistance to heavy use and mechanical loads.
The Asia-Pacific region is expected to be a major market for solid epoxy coating market, driven by its status as the largest market and producer of automotive, electrical & electronics, and renewable energy equipment. The region’s growing building & construction and consumer goods industries will also augment the demand for solid epoxy coating. China, as the largest chemical market globally, plays a significant role in driving the market, along with Japan, South Korea, and India as other major countries contributors to the epoxy coating market.
Hence, the solid epoxy coating market’s growth is influenced by its superior properties and wide-ranging applications in various industries. The Asia-Pacific region, with its robust industrial sectors, is poised to be a key driver of the market’s expansion in the foreseeable future.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By End-User Vertical
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Arkema SA, BASF SE, Bayer AG, Covestro AG, and Eastman Chemical Co. among others.
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Solid Epoxy Coating Market Report Segment
By End-User Vertical
- Building and Construction
- Automotive
- Transportation
- Industrial
- Other End-user Industries
Company Profiles
- 3M Co.
- Adhesives Technology Corp. (ATC)
- Aditya Birla Management Corp. Pvt. Ltd.
- Atul Ltd.
- BASF SE
- Chang Chun Group
- China Petrochemical Corp. (Sinopec)
- Covestro AG
- Cytec Industries Inc.
- Daicel Corp.
- DuPont de Nemours, Inc.
- Hexion Inc.
- Huntsman International LLC
- KPL International Ltd.
- KUKDO Chemical (Kunshan) Co., Ltd.
- Nama Chemicals Company SJSC
- Olin Corp.
- Sika AG
- Spolchemie (Spolek pro chemickou a hutnívýrobu, akciováspolecnost)
- Total Plastics, Inc.
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