The Epoxy Primer Market is expected to reach USD 12.37 Billion by 2026, according to a new report by Reports and Data. The Epoxy Primer Market is anticipated to show robust growth during the forecast period. The key factors driving the market are growing demand for high performance epoxy primers and the rising demand for epoxy primers in several applications which tend to stimulate the market globally.
Epoxy primer is a sealer used to provide an excellent surface finish on applied topcoats. It can be applied to waterproof materials that consequently preserve the bare metal from rusting. Epoxy primers are applied over several metal substrates and are broadly used on metal substrates for various end-use industries such as marine, energy, automotive, infrastructural structures, aviation, and oil & gas. It is a type of liquid coating used on several materials such as carbon steel, stainless steel, fiberglass, galvanized steel, and wood. The principal advantage of epoxy primers is its functional bonding capacity and its superior surface finish. Epoxy primers offer adequate adhesion to metals, as well as works as a proper base for additional undercoat products and topcoats.
The Key players in the Epoxy Primer Market include PPG Industries, Sherwin-Williams, BASF, AkzoNobel, Kansai Paint, Axalta Coating Systems, Nippon Paint, RPM International, Tikkurila Oyj, and Berger Paints.
Click the link to get a Sample Copy of the Report:@ https://www.reportsanddata.com/sample-enquiry-form/1832
The COVID-19 impact: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for Epoxy Primer Market is expected to rise in the coming years.
Further key findings from the report suggest
- The Epoxy Primer Market is estimated to reach USD 12.37 Billion by 2026, at a CAGR of 4.6% during the forecast period.
- The market is mainly driven by the growing demand for epoxy primers in several applications and increasing awareness to decrease the loss caused by corrosion.
- The solvent-borne technology segment accounts for a larger share of 62.8% of the market in 2018.
- The automotive end user segment accounts for the largest share of 37.3% of the market in 2018.
- It is preferred widely in automotive, as they offer excellent adhesion to basecoat and topcoat layers. They also provide superior resistance to corrosion and solvents.
- The metal substrate is anticipated to witness the highest CAGR of 4.7% during the forecast period.
- As metal substrates, epoxy primers are used extensively for various applications such as marine, automotive, infrastructural structures, energy, aviation, and oil & gas. They are favored for these substrates owing to their outstanding chemicals, adhesion and corrosion, and water-resistant features.
To know more about the report @ www.reportsanddata.com/report-detail/epoxy-primer-market
Technology Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
- Solvent-borne
- Waterborne
Substrate Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
- Metal
- Concrete & Masonry
- Fiberglass
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
- Automotive
- Building & Construction
- Marine
- Machinery & Equipment
Take a Look for Our Upcoming Reports @ https://www.reportsanddata.com/request-customization-form/1832
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Epoxy Primer Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Epoxy Primer Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Epoxy Primer Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
To Browse More Reports:
Metal Casting Market: https://www.globenewswire.com/news-release/2020/05/19/2035852/0/en/Metal-Casting-Market-To-Reach-USD-193-53-Billion-By-2027-Reports-and-Data.html
White Oil Market: https://www.globenewswire.com/news-release/2020/05/28/2040435/0/en/White-Oil-Market-To-Reach-USD-6-4-Billion-By-2027-Reports-and-Data.html
Aerosol Propellants Market:https://www.globenewswire.com/news-release/2020/07/08/2059457/0/en/Aerosol-Propellants-Market-To-Reach-USD-12-06-Billion-By-2027-Reports-and-Data.html
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs | Facebook