Market For Epoxy-based 2K Protective Coatings Is Anticipated To Expand At A CAGR Of Around 5.4% By 2032


The impact of the COVID-19 outbreak has forced several manufacturers and industries to rethink their operations to gradually recover from the losses incurred in the years to come. The organic chemistry industry has suffered a huge setback due to the disruption of production and a limited supply of raw materials.

The report offers useful and valuable information on the 2K Protective Coatings market. The latest report from Fact.MR provides details on the current market scenario in various regions along with historical data and market forecast. The report also includes information on sales and demand of the 2K Protective Coatings market across various industries and regions.

To stay ahead of your competitors, request a sample –   https://www.factmr.com/connectus/sample?flag=S&rep_id=5857

Key Takeaways from Market Study

  • South Asia is estimated to witness major growth in the forecast period, compared to 2021, accounting over 9.1% growth.
  • In 2020, North America is anticipated to register highest market share of around 30.8%, followed by Europe.
  • In 2020, North America and Europe together accounted for 56% of global 2K protective coating market. The European market is expected to offer over US$ 612.4 Mn absolute dollar opportunity over the next ten years.
  • In terms of end use type, marine and building & infrastructure holds around 50% of the overall market share in 2020.
  • In resin type, the epoxy resin in 2K protective coating is estimated to cover higher market share in 2020, accounted around 38%.

“Growing construction and real estate industries have increased the market of 2K protective coating”, says Fact.MR analyst

Competitive Landscape

Majority of the companies discussed in the report have focusing on investing to expand their business and launch of new product line in 2K protective coating market and continuously doing research and development. Some of the key development are:

  • In 2021, AkzoNobel announced its partnership with Qlayers. Collaboration with Qlayer will open new possibilities in industrial coating product line for AkzoNobel.
  • In 2021, Akzo Nobel N.V. acquired 100% shares of Industrias Titan S.A.U. (Titan Paints) to expand its paints business and it will help Akzo Novel to expand its business to Spain.

Similarly, recent developments related to companies manufacturing 2K protective coating have been tracked by the team at Fact.MR, which is available in the full report.

Need more information on reporting methodology? Click here-  https://www.factmr.com/connectus/sample?flag=RM&rep_id=5857

Key Segments Covered

  • By Resin Type
    • Epoxy
    • Polyurethane
    • Alkyd
    • Acrylic
    • Others
  • By End User
    • Oil & Gas Exploration
    • Petrochemicals
    • Marine
    • Cargo Containers
    • Power Generation
    • Water Treatment
    • Building and Infrastructure
    • Food and Beverage Production Units
    • Others
  • By Application
    • Abrasion Resistance
    • Chemical Resistance
    • Fire Protection
    • Heat Resistance
    • Corrosion Protection
    • Pipe Coatings
    • Tank Linings
  • By Region
    • North America
    • Europe
    • Latin America
    • East Asia
    • South Asia
    • Oceania
    • MEA

Full access to this exclusive report can be found at –  https://www.factmr.com/checkout/5857

Report Scope

AttributeDetails
Forecast Period2021-2031
Historical Data Available for2016-2020
Market AnalysisUS$ Mn for Value
Key Regions CoveredNorth AmericaEuropeLatin AmericaSouth AsiaEast AsiaMEA and Oceania
Key Countries CoveredUnited StatesCanadaBrazilMexicoGermanyU.K.FranceItalyNordicBENELUXSouth AfricaGCC CountriesTurkeyChinaJapanSouth KoreaIndiaIndonesiaMalaysiaSingaporeAustraliaNew Zealand
Key Segments CoveredResin TypeEnd UserApplicationRegion
Key Companies ProfiledAkzonobel N.V.PPG IndustriesThe Sherwin Williams CompanyJotun A/SHempel A/SChukogu Marine Paints Ltd.Nippon Paints Holdings Co. Ltd.Kansai Paint Co. Ltd.Sika AGRPM International Inc.Axalta Coating Systems, LLCDulux GroupBASF SEParker Hannifin Corp.Berger Paints India Ltd.Tnemec Company, Inc.Cloverdale Paint Inc.Teknos Group OYBenjamin Moore & Co.ShawcoreNoroo Paint & Coatings Co. Ltd.Premium Coatings and Chemicals Pvt. Ltd.Weilburger Coatings GmbHGuangdong Maydos Building Materials Limited CompanyFosroc, Inc.

Explore Fact.MR’s coverage in the chemicals and materials industry:

Bio-Succinic Acid Market  – Forecasts, Trends, Competitive Analysis and Monitoring – Global Market Insights 2020-2030

Surge Suppression Integrated Circuits Market:  Prediction, Trend Analysis, and Competition Monitoring – Global Review 2021-2031

Liquid Propellants Market : Forecasts, Trend Analysis and Competition Monitoring – Global Review 2021-2031

Who we are:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us to make the most critical decisions. While our expert consultants use the latest technology to extract hard-to-find information, we believe our USP is the trust customers have in our experience. Spanning a broad range, from automotive and industry 4.0 to healthcare and retail, our coverage is broad, but we ensure that even the most niche categories are analyzed. Our sales offices in the United States and Dublin, Ireland. Headquarters in Dubai, United Arab Emirates. Reach us with your goals and we will be a capable research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
US
Tel: +1 (628) 251-1583

Corporate Headquarters:
Unit #: AU-01-H Gold Tower (AU),
Plot #: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E-mail:  sales@factmr.com
Visit the our website:  https://www.factmr.com

About the Author

Leave a Reply

Your email address will not be published.

You may also like these