Global Epoxy Powder Coatings Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Epoxy Powder Coatings Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Coating Type (Protective Coatings, and Other Coating Types), End-user Industry (Aerospace, Automotive, Buildings and Construction, Energy, Marine, and Oil and Gas), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Epoxy Powder Coatings Market was valued at USD 14,328.5 million in 2023 and is expected to reach USD 21,989.7 million by 2031 while growing at a CAGR of 5.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global epoxy powder coatings market growth. Epoxy powder coatings, a dry finishing process utilizing thermosetting polymer epoxy resins, are applied electrostatically onto substrates and then cured in an oven. This curing process causes the powder to melt and undergo a chemical reaction, resulting in a durable and smooth protective coating.
Increasing demand from end-use industries and ongoing research and development efforts drive technological advancements in the epoxy powder coatings market. However, challenges like high initial costs and a complex application process may hinder its expansion.
Furthermore, the global epoxy powder coatings industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Coating Type Analysis
The Global Epoxy Powder Coatings Market is segmented among Protective Coatings, and Other Coating Types, based on Coating Type. In 2023, Protective Coatings accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Industry Analysis
The Global Epoxy Powder Coatings Market is segmented among Aerospace, Automotive, Buildings and Construction, Energy, Marine, and Oil and Gas, based on End-user Industry. In 2023, Automotive accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Epoxy Powder Coatings Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are 3M, Arkema Group, Akzo Nobel N.V., Axalta Coating Systems, Berger Paints India Limited, Diamond Vogel, Durolac Paints, Inc., Hempel A/S, PPG Industries, Inc., SolEpoxy, Inc., and The Sherwin-Williams Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Epoxy Powder Coatings Market Dynamics
Drivers
Restraints
Opportunity
4. Global Epoxy Powder Coatings Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Epoxy Powder Coatings Market Segmentation, By Coating Type
Global Epoxy Powder Coatings Market Share Analysis, By Coating Type
Global Epoxy Powder Coatings Market Growth Analysis, By Coating Type
Global Epoxy Powder Coatings Market Trends, By Coating Type
o Protective Coatings
o Other Coating Types
6. Global Epoxy Powder Coatings Market Segmentation, By End-user Industry
Global Epoxy Powder Coatings Market Share Analysis, By End-user Industry
Global Epoxy Powder Coatings Market Growth Analysis, By End-user Industry
Global Epoxy Powder Coatings Market Trends, By End-user Industry
o Aerospace
o Automotive
o Buildings and Construction
o Energy
o Marine
o Oil and Gas
7. Global Epoxy Powder Coatings Market Segmentation, By Region
Global Epoxy Powder Coatings Market Share Analysis, By Region
Global Epoxy Powder Coatings Market Growth Analysis, By Region
Global Epoxy Powder Coatings Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
3M.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Arkema Group
Akzo Nobel N.V.
Axalta Coating Systems
Berger Paints India Limited
Diamond Vogel
Durolac Paints, Inc.
Hempel A/S
PPG Industries, Inc.
SolEpoxy, Inc.
The Sherwin-Williams Company
*Similar analysis will be provided for each company listed above.