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Epoxy Primer Market Worth $10.91 Billion by 2023


(EMAILWIRE.COM, March 16, 2019 ) The report "Epoxy Primer Market by Substrate (Metal, Concrete & Masonry, and Fiberglass), Application (Building & Construction, Automotive, Marine, and Machinery & Equipment), Technology (Solvent-borne, and Waterborne), and Region-Global Forecast to 2023" published by MarketsandMarkets™, the market is projected to grow from USD 8.52 billion in 2018 to USD 10.91 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. APAC is expected to lead the global Epoxy Primer Market during the forecast period.

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Epoxy primer is used as a sealer that produces excellent non-porous finish on applied topcoats. It has superior bonding capacity and offers excellent adhesion to a wide variety of substrates, such as metal, concrete & masonry, wood, fiberglass, and others. It also has water resistant and corrosion inhibiting capabilities. Therefore, it is preferred in different applications, such as building & construction, automotive, marine, and machinery & equipment.

Based on substrate, the metal segment is projected to lead the Epoxy Primer Market during the forecast period.

Based on substrate, the metal segment is expected to lead the global Epoxy Primer Market during the forecast period. Epoxy primers are widely used on metal substrates for different applications such as automotive, marine, aviation, energy, infrastructural structures, and oil & gas. They are preferred for these substrates owing to their excellent adhesion and corrosion, chemicals, and water-resistant properties.

Based on application, the automotive segment is expected to lead the Epoxy Primer Market during the forecast period.

The automotive segment is expected to be the fastest-growing application segment of the Epoxy Primer Market during the forecast period. It is widely preferred in automotive and refinish systems, as they offer excellent adhesion to basecoat and topcoat layers. They also offer excellent resistance to corrosion and solvents.

Don't miss out on business opportunities in Epoxy Primer Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Epoxy Primer Market"
73 - Market Data Tables
43 - Figures
140 - Pages

Based on technology, the solvent-borne segment is expected to lead the Epoxy Primer Market during the forecast period.

The solvent-borne technology is projected to lead the Epoxy Primer Market during the forecast period. Epoxy primers manufactured by using solvent-borne technology are used for a wide variety of substrates, and they offer superior characteristics such as less curing time, excellent adhesion, and resistance to corrosion, abrasion, and chemicals.

APAC is expected to lead the Epoxy Primer Market during the forecast period.

Asia Pacific is expected to be the largest market for epoxy primer during the forecast period. The Epoxy Primer Market in this region is primarily driven by the growing demand for coatings, especially from China, India, and other Southeast Asian countries, and huge investments in construction, automotive, marine, and industrial sectors in this region.

Key global players of the Epoxy Primer Market are Sherwin-Williams (US), PPG Industries (US), AkzoNobel (Netherlands), BASF (Germany), Axalta Coating Systems (US), Kansai Paint (Japan), Nippon Paint (Japan), Tikkurila Oyj (Finland), and RPM International (US).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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