Epoxy Primer Market Recent Trends, Business Scenario, High Demand, Product, Share and Forecasts 2031
Epoxy Primer Market – Overview
The
global epoxy primer market is estimated to grow at a favorable rate from 2021
to 2031 (forecast period). The increased consumption of epoxy primer around the
world, owing to a surge in demand from numerous industries such as building and
construction, automotive, and the oil and gas sector, is likely to drive the global
epoxy primer market.
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Moreover,
the increased requirement to prevent corrosion-related losses and the
widespread usage of high-performance epoxy primers are projected to boost the
growth of the global epoxy primer market. Furthermore, the growing
industrialization is anticipated to propel the global epoxy primer market
during the forecast period.
Epoxy Primer Market
– Competitive Landscape
Prominent players operating in the global epoxy
primer market are AkzoNobel N.V. (Netherlands), The Sherwin-Williams Company
(US), Nippon Paint Co. Ltd. (Japan), PPG Industries Inc. (US), BASF SE
(Germany), Kansai Paint Co. Ltd. (Japan), Tikkurila Oyj (Finland), Axalta
Coating Systems LLC (US), and RPM International Inc. (US).
To improve their market position, market players use
various methods such as product launches, joint ventures, mergers and
acquisitions, and R&D initiatives.
Epoxy Primer Market
– Regional Landscape
The epoxy primer market in Asia Pacific is
anticipated to expand over the forecast period, owing to strong demand for
coatings from nations such as India, China, and other Southeast Asian
countries. Moreover, the expansion of the construction, marine, automotive, and
industrial sectors is also likely to boost the epoxy primer market in Asia
Pacific.
The epoxy primer market in North America and Europe
is likely to grow in the near future, owing to the increasing demand for
high-performance epoxy primer. Moreover, the United States is expected to make
significant contributions to the epoxy primer market in North America.
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Epoxy Primer Market
– Regional Landscape
The epoxy primer market in Asia Pacific is
anticipated to expand over the forecast period, owing to strong demand for
coatings from nations such as India, China, and other Southeast Asian
countries. Moreover, the expansion of the construction, marine, automotive, and
industrial sectors is also likely to boost the epoxy primer market in Asia
Pacific.
The epoxy primer market in North America and Europe
is likely to grow in the near future, owing to the increasing demand for
high-performance epoxy primer. Moreover, the United States is expected to make
significant contributions to the epoxy primer market in North America.
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