Asia Pacific Epoxy Coating Market Size, Share & Trends Analysis Report By Technology, By Application, By Country and Growth Forecast, 2024

Description

List of Tables

The Asia Pacific Epoxy Coating Market would witness market growth of 5.5% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,099.4 Kilo Tonnes, showcasing a growth of 20.1% (2020-2023).

Powder-based epoxy coatings are a popular choice in the market, offering several advantages over liquid formulations. Powder coatings provide excellent adhesion, corrosion resistance, and chemical resistance, making them suitable for a wide range of applications, including automotive parts, appliances, architectural components, and industrial equipment. In terms of volume, In India, the demand for Powder-based products was 53.9 Kilo Tonnes in 2023.

The China market dominated the Asia Pacific Epoxy Coating Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,877.2 million by 2031. The Japan market is registering a CAGR of 4.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.2% during (2024 - 2031).

The adoption of epoxy coatings has increased significantly across various industries in recent years, driven by several factors contributing to their widespread use and acceptance. For instance, these are renowned for their outstanding performance and durability. They offer superior resistance to corrosion, chemicals, abrasion, and wear, making them ideal for applications where protection and longevity are essential.

Epoxy coatings are highly versatile and can be customized to suit specific application requirements. They can be formulated with different additives, fillers, and pigments to achieve desired properties such as flexibility, hardness, adhesion, and colour. These can be applied to various substrates, including concrete, metal, wood, and plastics, making them adaptable to various surfaces and materials.

As automobile production in India grows, there is a corresponding increase in demand for coatings that protect against corrosion, abrasion, and environmental damage. These are widely used in the automotive industry to protect metal components such as chassis, frames, body panels, and engine parts from corrosion and wear. Thus, the increasing production of automobiles and the expansion of the electronics sector are driving the market's growth.

Based on Technology, the market is segmented into Solvent-based, Water-based and Powder-based. Based on Application, the market is segmented into Building & Construction, Transportation, Industrial and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Akzo Nobel N.V.
Axalta Coating Systems Ltd.
Endura Manufacturing Company Ltd.
Kansai Paint Co., Ltd.
PPG Industries, Inc.
RPM International, Inc.
The Sherwin-Williams Company
Thermal-Chem Corporation
BASF SE
Berger Paints India Limited

Asia Pacific Epoxy Coating Market Report Segmentation

By Technology (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Solvent-based
Water-based
Powder-based

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Building & Construction
Transportation
Industrial
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Epoxy Coating Market, by Technology
- 1.4.2Asia Pacific Epoxy Coating Market, by Application
- 1.4.3Asia Pacific Epoxy Coating Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Acquisition and Mergers
- 4.2.4Expansion
4.3Top Winning Strategies
- 4.3.1Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.3.2Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep - 2024, Apr) Leading Players
4.4Porter's Five Forces Analysis

Chapter 5.Asia Pacific Epoxy Coating Market by Technology

5.1Asia Pacific Solvent-based Market by Country
5.2Asia Pacific Water-based Market by Country
5.3Asia Pacific Powder-based Market by Country

Chapter 6.Asia Pacific Epoxy Coating Market by Application

6.1Asia Pacific Building & Construction Market by Country
6.2Asia Pacific Transportation Market by Country
6.3Asia Pacific Industrial Market by Country
6.4Asia Pacific Others Market by Country

Chapter 7.Asia Pacific Epoxy Coating Market by Country

7.1China Epoxy Coating Market
- 7.1.1China Epoxy Coating Market by Technology
- 7.1.2China Epoxy Coating Market by Application
7.2Japan Epoxy Coating Market
- 7.2.1Japan Epoxy Coating Market by Technology
- 7.2.2Japan Epoxy Coating Market by Application
7.3India Epoxy Coating Market
- 7.3.1India Epoxy Coating Market by Technology
- 7.3.2India Epoxy Coating Market by Application
7.4South Korea Epoxy Coating Market
- 7.4.1South Korea Epoxy Coating Market by Technology
- 7.4.2South Korea Epoxy Coating Market by Application
7.5Singapore Epoxy Coating Market
- 7.5.1Singapore Epoxy Coating Market by Technology
- 7.5.2Singapore Epoxy Coating Market by Application
7.6Malaysia Epoxy Coating Market
- 7.6.1Malaysia Epoxy Coating Market by Technology
- 7.6.2Malaysia Epoxy Coating Market by Application
7.7Rest of Asia Pacific Epoxy Coating Market
- 7.7.1Rest of Asia Pacific Epoxy Coating Market by Technology
- 7.7.2Rest of Asia Pacific Epoxy Coating Market by Application

Chapter 8.Company Profiles

8.1Akzo Nobel N.V.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Recent strategies and developments:
  - 8.1.4.1Acquisition and Mergers:
  - 8.1.4.2Geographical Expansions:
- 8.1.5SWOT Analysis
8.2Axalta Coating Systems Ltd.
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Product Launches and Product Expansions:
  - 8.2.5.2Acquisition and Mergers:
- 8.2.6SWOT Analysis
8.3Endura Manufacturing Company Ltd.
- 8.3.1Company Overview
- 8.3.2SWOT Analysis
8.4Kansai Paint Co., Ltd.
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Regional Analysis
- 8.4.4SWOT Analysis
8.5PPG Industries, Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expense
- 8.5.5Recent strategies and developments:
  - 8.5.5.1Product Launches and Product Expansions:
- 8.5.6SWOT Analysis
8.6RPM International, Inc.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5SWOT Analysis
8.7The Sherwin-Williams Company
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental
- 8.7.4Research & Development Expenses
- 8.7.5Recent strategies and developments:
  - 8.7.5.1Partnerships, Collaborations, and Agreements:
  - 8.7.5.2Product Launches and Product Expansions:
  - 8.7.5.3Acquisition and Mergers:
- 8.7.6SWOT Analysis
8.8Thermal-Chem Corporation
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
8.9BASF SE
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expense
- 8.9.5Recent strategies and developments:
  - 8.9.5.1Partnerships, Collaborations, and Agreements:
- 8.9.6SWOT Analysis
8.10.Berger Paints India Limited
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Regional Analysis
- 8.10.4Recent strategies and developments:
  - 8.10.4.1Product Launches and Product Expansions:
- 8.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 4Asia Pacific Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 5Partnerships, Collaborations and Agreements- Epoxy Coating Market
TABLE 6Product Launches And Product Expansions- Epoxy Coating Market
TABLE 7Acquisition and Mergers- Epoxy Coating Market
TABLE 8Expansion- Epoxy Coating Market
TABLE 9Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 10Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 11Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 12Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 13Asia Pacific Solvent-based Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Solvent-based Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Solvent-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16Asia Pacific Solvent-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17Asia Pacific Water-based Market by Country, 2020 - 2023, USD Million
TABLE 18Asia Pacific Water-based Market by Country, 2024 - 2031, USD Million
TABLE 19Asia Pacific Water-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20Asia Pacific Water-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21Asia Pacific Powder-based Market by Country, 2020 - 2023, USD Million
TABLE 22Asia Pacific Powder-based Market by Country, 2024 - 2031, USD Million
TABLE 23Asia Pacific Powder-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24Asia Pacific Powder-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 26Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 27Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 28Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 29Asia Pacific Building & Construction Market by Country, 2020 - 2023, USD Million
TABLE 30Asia Pacific Building & Construction Market by Country, 2024 - 2031, USD Million
TABLE 31Asia Pacific Building & Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32Asia Pacific Building & Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33Asia Pacific Transportation Market by Country, 2020 - 2023, USD Million
TABLE 34Asia Pacific Transportation Market by Country, 2024 - 2031, USD Million
TABLE 35Asia Pacific Transportation Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36Asia Pacific Transportation Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37Asia Pacific Industrial Market by Country, 2020 - 2023, USD Million
TABLE 38Asia Pacific Industrial Market by Country, 2024 - 2031, USD Million
TABLE 39Asia Pacific Industrial Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40Asia Pacific Industrial Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 42Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 43Asia Pacific Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44Asia Pacific Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45Asia Pacific Epoxy Coating Market by Country, 2020 - 2023, USD Million
TABLE 46Asia Pacific Epoxy Coating Market by Country, 2024 - 2031, USD Million
TABLE 47Asia Pacific Epoxy Coating Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48Asia Pacific Epoxy Coating Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49China Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 50China Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 51China Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 52China Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 53China Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 54China Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 55China Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 56China Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 57China Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 58China Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 59China Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60China Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61Japan Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 62Japan Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 63Japan Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 64Japan Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 65Japan Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 66Japan Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 67Japan Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 68Japan Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 69Japan Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 70Japan Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 71Japan Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72Japan Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73India Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 74India Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 75India Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 76India Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 77India Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 78India Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 79India Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 80India Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 81India Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 82India Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 83India Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84India Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85South Korea Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 86South Korea Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 87South Korea Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 88South Korea Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 89South Korea Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 90South Korea Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 91South Korea Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 92South Korea Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 93South Korea Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 94South Korea Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 95South Korea Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96South Korea Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97Singapore Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 98Singapore Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 99Singapore Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 100Singapore Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 101Singapore Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 102Singapore Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 103Singapore Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 104Singapore Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 105Singapore Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 106Singapore Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 107Singapore Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108Singapore Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109Malaysia Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 110Malaysia Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 111Malaysia Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 112Malaysia Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 113Malaysia Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 114Malaysia Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 115Malaysia Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 116Malaysia Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 117Malaysia Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 118Malaysia Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 119Malaysia Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120Malaysia Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121Rest of Asia Pacific Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 122Rest of Asia Pacific Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 123Rest of Asia Pacific Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 124Rest of Asia Pacific Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 125Rest of Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 126Rest of Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 127Rest of Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 128Rest of Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 129Rest of Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 130Rest of Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 131Rest of Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132Rest of Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 133Key information - Akzo Nobel N.V.
TABLE 134Key Information - Axalta Coating Systems Ltd.
TABLE 135Key Information - Endura Manufacturing Company Ltd.
TABLE 136Key Information - Kansai Paint CO., LTD.
TABLE 137Key Information - PPG Industries, Inc.
TABLE 138Key Information - RPM International, Inc.
TABLE 139Key Information - The Sherwin-Williams Company
TABLE 140Key Information - Thermal-Chem Corporation
TABLE 141Key Information - BASF SE
TABLE 142Key Information - Berger Paints India Limited

Asia Pacific Epoxy Coating Market Size, Share & Trends Analysis Report By Technology, By Application, By Country and Growth Forecast, 2024 - 2031