The epoxy coatings industry is witnessing high growth because of rise in its application areas, increased demand of waterborne epoxy coatings, and growing demand in the developing regions. Epoxy coatings are largely used in construction applications. Rapid growth of the epoxy coatings market is driven by high growth in construction and transportation applications.

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Powder-based epoxy coating is the fastest-growing technology among all the technologies of epoxy coatings due to its environmental-friendly nature and superior performance. Stringent government regulations in the U.S. and Western Europe, especially to reduce air pollution, are likely to trigger the need for adopting new, low-pollution coating technologies. The demand for powder-based epoxy coatings is expected to increase in the future owing to their non-VOC emission properties, thus providing high growth opportunity to the overall epoxy coatings market.
In the past few years, epoxy powder-based coating has gained substantial popularity as a VOC-free coating technology. This market is expected to grow rapidly in the future with the development of new materials, formulations, and advancement of equipment and application processes. The growth in epoxy powder-based coatings is also driven by high demand from the end-user applications such as construction, transportation, and general industrial.
Asia-Pacific has been a bright spot in the global epoxy coatings market in the backdrop of the overall slowdown in the global economic development. The rising demand from construction, transportation, and general industrials sector is driving the epoxy coatings market in Asia-Pacific. Concerns for environmental, health, and safety issues are driving the demand for waterborne epoxy coatings in the above-mentioned applications.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given here Tier 1 (45%); Tier 2 (35%) and Tier 3 (20%) companies were contacted for interviews. The interviews were conducted with various key people such as C-Level (35%) and Director Level (25%) and other (40%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (35%), Western Europe (30%), Asia Pacific (25%) and RoW (10%).

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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Waterborne Coatings Market by Resin (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC), by Application (Architectural, Automotive, General Industrial, Protective, Wood, Marine, Packaging, Coil), by Region - Global Forecast to 2020. The waterborne coatings market is estimated to grow from USD 58.86 billion in 2015 to USD 75.29 billion by 2020, at a CAGR of 5.05% between 2015 and 2020. Now available at
http://www.marketreportshub.com/waterborne-coatings-industry-research-marketsandmarkets.html .

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