Zion Market Research Global Epoxy Coatings Market, 2016–2024 | Page 3

Epoxy Coatings Market
resistance to abrasion and outstanding dimensional stability which is driving the global
market. Additionally, it offers excellent adhesion to fibers, metal surface, glass and other
materials. Owing to this, the global market for the epoxy coatings is anticipated to grow in
the future.
Global Epoxy Coatings Market by Segmentation: The global epoxy coatings market is
segmented on the basis of an application which includes transportation, paints & coatings,
electrical & electronics, construction, adhesives and others. Based on the technology, the
global market is fragmented as powder-based, waterborne and solvent borne. The powder-
based segment contributes the largest market share owing to its less impact on the
environment. Powder-based coatings can be cured under controlled high temperature. They
are largely accepted for various applications. This segment is expected to maintain its
dominance in the next few years due to non-volatile organic compound emission properties
of powder-based coatings. In addition, it is extensively used in industries such as
transportation and construction. The waterborne coating is water-soluble and usually cured
with water. They are non-reactive and easy to use. However, they possess some adverse
environmental effects.
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Global Epoxy Coatings Market by Regional Analysis: Asia-Pacific is the dominating
region due to higher demand for epoxy coatings across various industries. This region is
leading in chlorinated polyethylene market. Moreover, North America and Europe is showing
a considerable growth owing to the growing demand from the end-user industries for non-