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 RD 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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