Chemical industry reports Epoxy Surface Coating Market Trends, 2024 | Page 3

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Solvent based coating generally provides good abrasion and chemical resistance. It has a wide scope of flooring application in chemical fertilizer, petroleum refineries, power plants, sewage, and water treatment plant, paper and pulp mills and warehouse floors. These solvent based coatings are highly flammable and it should be kept away from any source of ignition, welding operation, and naked flames. Epoxy Surface coatings are used in floor applications they exhibit the properties of low volatility, tough, quick drying, and protective coating. They are used on steel and concrete to give resistance to water, acids and alkali. Epoxy coating is used in the automobile, marine, and industrial applications to prevent corrosion and rust. Metal containers and cans used in food and beverage industry are treated with the epoxy coating for rust prevention. Epoxy coatings are commonly used to coat the following substrates such as aluminum, carbon steel, galvanized steel, fiberglass, polyester, ceramics, copper, and zinc. It also provides optimum protection against large/fine particle abrasion, corrosive fluids, cavitations, turbulence and compressive forces. Asia Pacific is expected to be a dominant player in the epoxy surface coating market owing to increasing investment in construction and high growth of end-use industries. Rapid industrialization is expected to drive the market growth. In 2014, the overall market share of China has contributed over 50% in this region. India and Taiwan are also expected to have a substantial growth over the forecast period. Europe is expected to witness moderate growth over the next eight years and it is anticipated to increase in demand owing to the growth of automobile industry, particularly in France, U.K, and Germany. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/