Report Code: A10804 | Pages: NA | Jul 2023 | 853 Views | ||
Author(s) : Eswara P | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Epoxy Primers Market
Request Now !Epoxy primer or epoxy sealer is a category of liquid non-porous coating. This coating is applied on a material, which is later to be painted or coated. The epoxy primer helps in waterproofing and prevents the material from absorbing the atmospheric moisture. It also prevents corrosion and atmospheric oxidation, and thus increases the life and durability of all the material on which it is applied. An epoxy primer generally consist of two components namely a base component and an activator components. These components are to be combined thoroughly with each other before usage. The epoxy primers have a wide range of applications as coatings in different end-user industries such as construction, automotive, and others.
COVID-19 scenario analysis:
Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis
One of the major factors driving the growth of the epoxy primers market is the rapid development of the coatings and paints industry across the globe. The major manufacturing sectors are incorporating epoxy primer on their machinery and equipment to prevent them from rusting or getting damaged through other means. As a result, there is an upsurge in demand for epoxy primers in the market. Moreover, these primers are also gaining popularity in the building and construction sector for waterproofing and prevent the buildings from absorbing atmospheric moisture, thus increasing the structure life. Epoxy primers are also used in the production of automobiles and marine equipment as well. This surge in number of applications of epoxy primers is expected to boost the market growth in near future. However, the harsh environmental impacts of epoxy primers and the fluctuating prices of the raw materials limit the market growth.
The market in the North American region holds the major share of the epoxy primer market with the U.S. being a major country driving the demand for epoxy primers in the region. The market in the Asia-Pacific region is also expected to grow at a significant pace due to the rapid infrastructural developments and escalating demand for epoxy polymers in the construction and automobile sectors of the region.
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Questions answered in the Epoxy Primers Market research report:
Epoxy Primers Market Report Highlights
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Key Market Players | Axalta Coating Systems, Akzo Nobel N.V., Nippon Paint Holdings Co., Ltd., BASF SE, Jotun Group, Asian Paints Ltd, 3M Company, Sherwin-Williams, PPG Industries, Inc., Kansai Paints Co. Ltd |
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