The global epoxy coatings market was worth around USD 31,926.5 million in 2021 and is estimated to grow to about USD 42297.9 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.8 percent over the forecast period.
Epoxy coatings Market
Increasing industrialization and rising construction activity are major trends that guide epoxy coatings market growth.
According to the Market Research report, the global epoxy coatings market was worth about US$ 31,926.5 million in 2021 and is predicted to grow to around US$ 42297.9 million by 2028, with a compound annual growth rate (CAGR) of around 4.8 percent.
The Asia Pacific leads the global market landscape in terms of revenue and volume share at present. Emerging countries such as India and China are predicted to be the Asia Pacific region's fastest-expanding epoxy coatings markets owing to increasing demand for infrastructure development through 2028.
Some of the main competitors dominating the global epoxy coatings market include -- BASF SE, Akzonobel N.V., PPG Industries, RPM International Inc., The Sherwin-Williams Company, The Valspar Corporation, Axalta Coating Systems LLC, Nippon Paint Co. Ltd., Kansai Paint Co. Ltd., Tikkurila OYJ, Berger Paints India Ltd.