Global Epoxy Primer Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global epoxy primer market in its upcoming report titled, “Global Epoxy Primer Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global epoxy primer market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018 to 2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global epoxy primer market has been segmented on the basis of substrate, application, technology, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Epoxy primer is designed to penetrate and seal porous substrates. They are used to improve adhesion of high-performance topcoats. Epoxy primer develops a tenacious bond to concrete, asphalt, wood, fiberglass, steel, galvanized and aluminum surfaces. Although, epoxy primer will greatly enhance adhesion of various top coats over metal surfaces. Epoxy primer is also effective at increasing bond of polyurethane foam to a wide variety of substrates. Epoxy primer will effectively solidify punky or chalky concrete or masonry surfaces, when used as a primer prior to top coatings.

Growing consumption of epoxy primer across the globe, owing to rising demand from various industries such as automotive, building and construction, and oil & gas sector is a major factor expected to drive growth of the global epoxy primer market over the forecast period. Epoxy primer is widely used on concrete and masonry surfaces for flooring application. In addition, growing demand for epoxy primer, owing to increasing need to reduce the loss caused by corrosion on metal surfaces is another factor expected to fuel growth of the target market over the forecast period. Moreover, increasing adoption of high-performance epoxy primers globally is another factor expected to propel growth of the target market in the near future.

However, stringent government regulations to reduce the use of epoxy primers produced using solvent-borne technology is another factor expected to limit growth of the target market in the near future. Also, fluctuating raw material costs of epoxy primers is another factor expected to hamper growth of the target market in the region.

Currently, market in Asia-Pacific accounts for highest market share in the global epoxy primer market in terms of revenue. This can be attributed to increasing demand from various end-use applications such as building and construction, automotive, power generation, oil and gas, and marine in the region. The markets in North America and Europe are expected to show significant growth in the region, owing to rising demand for high-performance epoxy primer in the near future. Also the market in Asia-Pacific is expected to register a CAGR of X.X% during the forecast period.

Global epoxy primer market segmentation:

By substrate:

• Metal
• Concrete & Masonry
• Fiberglass

By application:

• Building & Construction
• Automotive
• Marine
• Machinery & Equipment

By technology:

• Solvent-borne
• Waterborne

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa