According to Fortune Business Insights, The global epoxy coating market size was valued at USD 40.72 billion in 2023 and is projected to grow from USD 42.92 billion in 2024 to USD 63.89 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period. Asia Pacific dominated the epoxy coating market with a market share of 48.13% in 2023.

According to the analysis, soaring demand for high-quality homes will foster the penetration of epoxy coatings. With the demand for durable flooring solutions gaining prominence, industry players are expected to further their investments in coatings. Epoxy coatings are long-lasting coatings that serve a wide range of purposes, including strong adhesives and durable paint and coatings for floors and metals. These coatings are formulated by triggering a chemical reaction between an epoxide resin and a polymine hardener.

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Major Players Profiled in the Report

• MBCC Group (Mannheim, Germany)
• PPG Industries, Inc. (Pennsylvania, U.S.)
• AkzoNobel (Amsterdam, Netherlands)
• Axalta Coating Systems (Pennsylvania, U.S.)
• The Valspar Corporation (Minnesota, U.S.)
• Sherwin-Williams Company (Ohio, U.S.)
• RPM International Inc. (Ohio, U.S.)
• Kansai Paint (Osaka, Japan)
• Asian Paints (Mumbai, India)

Segments

Type, Application, and Region are Studied

Based on type, the market is segregated into solvent-based, water-based, and powder-based.

In terms of application, the market is segmented into transportation, construction, industrial, and others.

With respect to region, North America, Asia Pacific, Europe, Latin America, and Middle East & Africa are studied for the market.

Report Coverage