Chemical Industry Updates

  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, Kukd

Epoxy resin paints are a type of paint that is made by combining epoxy resin with a curing agent. They are widely used in various applications such as marine coatings, floor coatings, protective coatings, and structural adhesives, among others. The epoxy resin paints market has seen significant growth in recent years due to their unique properties such as excellent durability, chemical resistance, and hardness, which make them ideal for use in harsh environments. Factors driving the growth of the epoxy resin paints market include the increasing demand for epoxy resin paints in the construction industry, growth in the infrastructure sector, and the growing popularity of eco-friendly and sustainable products. Additionally, advancements in technology and the development of new applications for epoxy resin paints are also contributing to the growth of the market. However, the high cost of epoxy resin paints compared to other types of paints, and the requirement for specialized equipment an