Epoxy Coatings Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to epoxy coatings market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Epoxy Coatings Market News

  • February 2022 - Westlake Chemical Corporation acquires the Hexion epoxy business for about $1.2 billion (or 1 billion euros) in cash. The Hexion epoxy business will be rebranded as Westlake Epoxy, a trademark for specialty resins, composites and coatings for industry types are developer and supplier, such as end-use products related to sustainability and high-impact products including lightweight wind turbine blades, automotive vehicles and construction products. Beyond manufacturing, it can significantly boost its integrated business.
  • January 2022 - Millburn Flooring acquires Blendex Industrial Corp., adding a new epoxy division to be called Blendex. Blendex Industrial Corp.’s acquisition will help Milburn Flooring strengthen its portfolio and expand its installation capabilities, thereby adding value to their existing and potential new customer base.
  • April 2023: Dur-A-Flex Inc. This has proposed a revolutionary version of Vent-E to provide additional protection for concrete roofs breaking the boundaries of traditional horizontal ipoxi and salt materials.

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Epoxy Coatings Market size was valued at USD 39.28 billion in 2023 and is poised to grow from USD 41.56 billion in 2024 to USD 65.24 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).

Epoxy coating market competitive landscape provides detailed information for competitors. Description Company Profile, Company Financial, Revenue, Market Capacity, R&D Investment, New Market Activity, Global Arrival, Manufacturing Areas and Facilities, Operating Capacity, Corporate Strength and Simplicity, starting a Trade, Expanding and Broadening a Trade, Operating a Business. The above data points only relate to the perspective of companies involved in the Epoxy Coatings market. 'PPG Industries (United States) ', 'AkzoNobel (Netherlands) ', 'BASF SE (Germany) ', 'Sherwin-Williams (United States) ', 'RPM International Inc. (United States) ', 'Huntsman Corporation (United States) ', 'Sika AG (Switzerland) ', '3M Company (United States) ', 'DuPont (United States) ', 'Henkel AG & Co. KGaA (Germany) ', 'Jotun Group (Norway) ', 'Nippon Paint Holdings Co., Ltd. (Japan) ', 'Asian Paints Limited (India) ', 'Axalta Coating Systems (United States) ', 'Valspar Corporation (United States) ', 'Kansai Paint Co., Ltd. (Japan) ', 'Benjamin Moore & Co. (United States) ', 'Tikkurila Oyj (Finland) ', 'AkzoNobel India Limited (India) ', 'PPG Asian Pacific Limited (Hong Kong)'

Epoxy coatings are durable coatings used in a wide range of applications. These coatings are popular because they provide fast drying, durability and protection to metal and other coatings. Unlike traditional powder coatings, these products can be applied quickly and easily, making them ideal for a variety of coatings. They are durable and durable flooring treatments when used in floor products. Concrete floors are used in a variety of commercial and industrial applications such as commercial and retail establishments, manufacturing plants, industrial plants, hospitals, warehouses, showrooms, airports and garages.

Rapid Urbanization Drives Infrastructure Development: The global epoxy coatings market is experiencing significant growth due to increasing infrastructure consumption worldwide. Rapid urbanization, especially in emerging economies, has increased investment in construction projects such as residential housing, shopping malls, bridges, highways and infrastructure. This trend stems from the need for durable and durable coatings to protect infrastructures from corrosion, abrasion and harsh environmental conditions. Epoxy coatings provide good adhesion, chemical resistance and mechanical properties, making it ideal for concrete, steel and other protective substrates in various infrastructure applications. In addition, government initiatives aimed at improving transport infrastructure, modernizing infrastructure and upgrading public buildings are driving demand for epoxy coatings in the fields of infrastructure an industry is driving manufacturers to expand their product range and invest in R&D to meet the growing needs of the construction industry.

The epoxy coatings market in Asia Pacific is growing, driven by strong regional economies, rising disposable incomes and improving living standards in developing countries such as China, India, Malaysia and Vietnam as it is manufacturing in emerging markets such as China, Thailand, India and Taiwan, and the expansion of the automotive sector is expected to boost industry. New residential and commercial development is a priority for APAC countries such as China, Japan, India, Indonesia, Malaysia and the Philippines. The growth in civil construction and the pressing need for effective global epoxy coatings are driving the market.

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Global Epoxy Coatings Market
Epoxy Coatings Market

Report ID: SQMIG15A2419

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