Epoxy Resins Paints Market is Anticipated to Witness High Growth Owing to Rising Construction and Infrastructure Development Projects
The epoxy resins paints market is primarily driven by growing construction activities and infrastructure development projects across both developed and emerging economies. Epoxy resins paints offer superior properties such as corrosion and chemical resistance, abrasion resistance and waterproofing which makes them suitable for use in surfaces exposed to harsh environmental conditions. Some key advantages of epoxy paints include high adhesion to substrates, thermal and mechanical stability, and excellent durability. The rising needs for protective and durable coatings in industries such as construction, automotive, marine and industrial machinery has been propelling the demand for epoxy resins paints. The Global epoxy resins paints Market is estimated to be valued at US$ 13.62 Billion in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period from 2024 to 2031. Key Takeaways Key players operating in the epoxy resins paints are Momentive Performance Materials, ...