Global industry analysis

Epoxy Powder Coatings Market is a rapidly growing industry. Epoxy powder coatings are a popular choice for many industrial and commercial applications due to their superior protection, durability and cost-effectiveness. Epoxy powder coatings offer superior protection from corrosion, chemicals, UV rays and other environmental conditions.

The paints and coatings business is where epoxy materials are most often used. Powder coating is a technology used for coatings applications and epoxies represent over 40% of the paints and coatings market. The most recent innovation in the paints and coatings business uses epoxy powder coatings that are 100% solids and contain virtually no Volatile Organic Coatings (VOCs) materials.

Epoxy powder coatings are primarily used to reduce solvent emissions. Epoxy powder coatings were once used only for protective coatings, but are now widely used for decorative and architectural applications. Epoxy powder coatings are non-volatile, recyclable and economical. Due to these characteristics, expansion of the epoxy powder coating industry is expected worldwide.

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Epoxy Powder Coatings: Market Dynamics

The surge in demand for epoxy powder coatings in the automotive and construction industries is a key factor behind the growth of the global epoxy powder coatings market. The construction industry is one of the largest end users of epoxy coatings in terms of revenue generation. As urbanization progresses, the construction of houses and buildings is increasing, and the demand for Non-VoC (Volatile Organic Coating) products is increasing.

These factors are expected to dazzle the growth of the epoxy powder coatings market during the forecast period. In some countries, governments have imposed strict regulations on VoC products that increase sales of green products. This factor has a direct impact on the growth of the epoxy powder coatings market. Epoxy powder coatings are also gaining traction in other end-use industries such as marine, aerospace and chemical industries due to their environmentally friendly nature.

In the field of architectural and decorative coatings, epoxy powder coatings are preferred over solvent and water-based coatings because they do not emit harmful emissions that cause health problems.

Epoxy powder coatings exhibit poor performance in exterior applications, and this factor is expected to hinder the growth of the epoxy powder coatings market. In addition, due to the lack of awareness among consumers in developing countries, the adaptation rate of epoxy powder coatings is relatively low compared to solvent-based coatings. Epoxy waterborne coatings and epoxy solvent coatings are cheaper than epoxy powder coatings, which is also a challenge for market growth during the forecast period.

Epoxy Powder Coatings: Market Segmentation

Grounds for application	protective coating conductive coating architectural and decorative coatings
Basis of end use	automobile erection energy marine and aerospace oil and gas chemical

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Epoxy Powder Coatings: A Regional Perspective

North America, led by Europe, is expected to dominate the global epoxy powder coatings market. Growing demand for eco-friendly coatings in developed countries coupled with increasing investment in the construction industry are factors fueling the growth of the epoxy powder coatings market. In developing countries such as China and India, the construction industry is growing at a significant rate with demand for energy-efficient and environmentally friendly products.

This factor is estimated to fuel the growth of the epoxy powder coatings market in the region. Additionally, significant growth in the automotive industry in Asia Pacific is also one of the key factors for the growth of the epoxy powder coatings market.

The Latin American epoxy powder coatings market is expected to create significant growth opportunities in the coming years, primarily due to increasing construction activities coupled with positive economic outlook in countries such as Brazil, Costa Rica, Argentina, and Mexico. The MEA epoxy powder coatings market is expected to grow at a moderate growth rate over the forecast period.

Epoxy Powder Coating: Key Participants

Examples of some of the market participants operating in the global epoxy powder coatings market include:

• Nippon Paint Holdings Co., Ltd.

• Jotun A/S

• Solvay SA

• Evonik Industries AG

• PPG Industries

• diamond vogel

• Chugoku marine paint

• Kapoli Chemical Group Ltd.

• BASF SE

• Axalta coating system

• Akzo Nobel NV

• KCC Co., Ltd.

The Epoxy Powder Coatings Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using appropriate assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, and industry.

The Epoxy Powder Coating Market report covers a thorough analysis of:

• Epoxy Powder Coating Market Segments

• Epoxy Powder Coating Market Dynamics

• Epoxy powder coating market size

• Epoxy Powder Coatings Market Supply and Demand

• Current trends/issues/challenges in the epoxy powder coatings market

• Epoxy Powder Coating Market Competition and Related Companies

• Epoxy Powder Coating Market Technology

• Epoxy Powder Coatings Market Value Chain

Regional analysis includes:

• North America (USA, Canada)

• Latin America (Mexico, Brazil)

• Western Europe (Germany, Italy, France, UK, Spain)

• Eastern Europe (Poland, Russia)

• Asia Pacific (China, India, ASEAN, Australia and New Zealand)

• japan

• Middle East and Africa (GCC countries, South Africa, North Africa)

The Epoxy Powder Coatings Market report is a compilation of first-hand information, qualitative and quantitative assessment from industry analysts, inputs from industry experts and industry participants across the value chain.

The Epoxy Powder Coatings market report provides an in-depth analysis of controlling factors along with top market trends, macroeconomic indicators, and market attractiveness by sector. The Epoxy Powder Coatings market report also maps the qualitative impact of different market factors on market segments and geographies.

Epoxy Powder Coating Market Report Highlights:

• Detailed overview of the top markets

• Changing market dynamics of the industry

• In-depth market segmentation

• Historical, current and projected market size in terms of volume and value

• Recent industry trends and developments

• competitive landscape

• Strategies of major players and products provided

• Potential and niche segments, areas showing promising growth

• A neutral view of market performance

• Essential information for market participants to maintain and strengthen their market footprint

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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on ‘green alternatives’, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing – ‘The Way Forward’. 

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