Epoxy Primer Market by Substrate (Metal, Concrete & Masonry, and Fiberglass), Application (Building & Construction, Automotive, Marine, and Machinery & Equipment), Technology (Solvent-borne, and Waterborne), and Region-Global Forecast to 2023

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Date: 06-Aug-2018
No. of pages: 140
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“The epoxy primer market is projected to grow at a CAGR of 5.1% from2018 to 2023.”

The epoxy primer market is projected to grow from USD 8.52 billion in 2018 to USD 10.91 billion by 2023, at a CAGR of 5.1%, in terms of value, between 2018 and 2023.The growth of the epoxy primer market is primarily driven by the increasing demand for epoxy primers in various applications and growing awareness to reduce the loss caused by corrosion. However, environmental regulations to reduce the use of epoxy primers produced using solvent-borne technology is restraining the growth of the market, and the entry of new players and the fluctuating raw material prices are considered as major challenges for the market.

“Based on substrate, the metal segment is expected to lead the epoxy primer market during the forecast period.”

Based on substrate, the metal segment is expected to be the fastest-growing segment of the epoxy primer market during the forecast period. Epoxy primers are used over different metal substrates, such as steel, aluminum, iron, and others. It is widely used on metal substrates for different applications such as automotive, marine, aviation, energy, infrastructural structures, and oil & gas. These primers form an important layer in automotive and marine applications, which provides excellent adhesion and resistance to corrosion and chemicals. Their application also helps in reducing the maintenance cost over a long period of time.

“Based on application, the building & construction is projected to lead the epoxy primer market during the forecast period.”

Based on application, the building & construction segment is expected to lead the epoxy primer market. Epoxy primers are widely used on concrete & masonry surfaces for flooring application. In this application, it is also preferred for metal substrates that are used for priming structures. APAC is the largest market for epoxy primer in building & construction application. The growth can be attributed to the increasing government investments for infrastructural development in emerging countries such as China, India, Malaysia, and others. The infrastructural developments in this region result in a huge demand for coatings, thereby driving the epoxy primer market.

“The solvent-borne technology is projected to be the fastest-growing segment of the epoxy primer market during the forecast period.”

Based on technology, the solvent-borne technology is expected to be the fastest-growing segment of the epoxy primer market during the forecast period. Epoxy primers manufactured by using solvent-borne technology are used for a wide variety of substrates, and they offer superior characteristics such as less curing time, excellent adhesion, and resistance to corrosion, abrasion, and chemicals. It has a wide preference in APAC, South America, and the Middle East & Africa.

 “APAC is expected to be the highest-growing market for epoxy primer.”

The APAC region is expected to witness the highest growth during the forecast period; this growth can be attributed to the high demand for coatings from countries such as China, India, and other Southeast Asian countries. The growth of construction, automotive, marine, and industrial sectors is also major factor expected to drive the epoxy primer market in the APAC region.

In the process of determining and verifying the market size for the several segments and sub segments gathered through secondary research, extensive primary interviews were conducted. The break-up of the primary interviews is given below:


  • By Company Type: Tier 1—54%, Tier 2—35%, and Others—11%

  • By Designation:C-level—44%, Director-level—34%, and Others—22%

  • By Region:APAC—42%, North America—15%, Europe—32%, MEA—7% and South America—4%


Note: 1. Other designations include sales managers, marketing managers, and product managers. 2. Tiers of companies are defined based on their total revenues in 2017. Tier 1 = >USD 1 billion, Tier 2 = USD 100 million to USD 1 billion, and Tier 3 =

Key global players of the epoxy primer market are Sherwin-Williams (US), PPG Industries (US), AkzoNobel (Netherlands), BASF (Germany), Axalta Coating Systems (US), Kansai Paint (Japan), Nippon Paint(Japan), Tikkurila Oyj (Finland), and RPM International (US).

Research Coverage

This report covers the market for epoxy primer and its applications across different verticals and regions. It aims at estimating the market size and the potential of the epoxy primer market based on substrate, application, technology, and region. The report also includes an in-depth competitive analysis of key market players, along with their company profiles, recent developments, and key market strategies.

Reasons to Buy the Report

The report will help market leaders/new entrants by providing them the closest approximations of revenues in the epoxy primer market. This report will also help stakeholders better understand the market’s competitive landscape, and gain insights to position their businesses and formulate market strategies. The report will also help stakeholders understand the pulse of the market and acquire information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers


  • Market Penetration: Comprehensive information on epoxy primer offered by top market players

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the epoxy primer market

  • Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for epoxy primer across varied regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the epoxy primer market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the epoxy primer market

Epoxy Primer Market by Substrate (Metal, Concrete & Masonry, and Fiberglass), Application (Building & Construction, Automotive, Marine, and Machinery & Equipment), Technology (Solvent-borne, and Waterborne), and Region-Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down and Bottom-Up Approach
2.3 Data Triangulation
2.3.1 Assumptions
2.3.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Epoxy Primer Market
4.2 Epoxy Primer Market, By Substrate
4.3 Epoxy Primer Market, By Application
4.4 Epoxy Primer Market in APAC, By Country and Application

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Demand From Various Applications
5.2.1.2 Increasing Need to Reduce the Loss Caused By Corrosion
5.2.2 Restraints
5.2.2.1 Fluctuating Raw Material Prices
5.2.2.2 Stringent Environment Regulations
5.2.3 Opportunities
5.2.3.1 Growing Demand for High-Performance Epoxy Primers
5.2.3.2 High Industrial Growth in APAC and Middle East & Africa
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Epoxy Primer Market, By Substrate
6.1 Introduction
6.2 Metal
6.3 Concrete & Masonry
6.4 Fiberglass
6.5 Others

7 Epoxy Primer Market, By Application
7.1 Introduction
7.2 Building & Construction
7.3 Automotive
7.4 Marine
7.5 Machinery & Equipment
7.6 Others

8 Epoxy Primer Market, By Technology
8.1 Introduction
8.2 Solvent-Borne Technology
8.3 Waterborne Technology

9 Epoxy Primer Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 India
9.2.3 Japan
9.2.4 South Korea
9.2.5 Indonesia
9.2.6 Thailand
9.2.7 Malaysia
9.2.8 Rest of APAC
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Russia
9.3.7 Turkey
9.3.8 Poland
9.3.9 Rest of Europe
9.4 North America
9.4.1 US
9.4.2 Canada
9.4.3 Mexico
9.5 Middle East & Africa
9.5.1 Africa
9.5.2 Saudi Arabia
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking of Key Players
10.3 Competitive Scenario
10.3.1 Mergers & Acquisitions
10.3.2 New Product Launches
10.3.3 Investments & Expansions

11 Company Profiles
11.1 PPG Industries
11.2 Akzonobel
11.3 Sherwin-Williams
11.4 Axalta Coating Systems
11.5 BASF SE
11.6 Nippon Paint
11.7 Jotun
11.8 Asian Paints
11.9 Kansai Paint
11.10 3M
11.11 Hempel
11.12 RPM International
11.13 Tikkurila Oyj
11.14 Berger Paints
11.15 Other Market Players
11.15.1 KCC
11.15.2 Carpoly
11.15.3 Sika
11.15.4 Diamond Vogel Paints
11.15.5 Hunan Xiangjiang Paint
11.15.6 DAW
11.15.7 BESA
11.15.8 Noroo Paint & Coatings
11.15.9 HMG Paints
11.15.10 Chugoku Marine Paints
11.15.11 Toa Performance Coating (Toapc) Corporation

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 2 Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 3 Epoxy Primer Market Size for Metal Substrate, By Region, 2016–2023 (USD Million)
Table 4 Epoxy Primer Market Size for Metal Substrate, By Region, 2016–2023 (Kiloton)
Table 5 Epoxy Primer Market Size for Concrete & Masonry Substrate, By Region, 2016–2023 (USD Million)
Table 6 Epoxy Primer Market Size for Concrete & Masonry Substrate, By Region, 2016–2023 (Kiloton)
Table 7 Epoxy Primer Market Size for Fiberglass Substrate, By Region, 2016–2023 (USD Million)
Table 8 Epoxy Primer Market Size for Fiberglass Substrate, By Region, 2016–2023 (Kiloton)
Table 9 Epoxy Primer Market Size for Other Substrates, By Region, 2016–2023 (USD Million)
Table 10 Epoxy Primer Market Size for Other Substrates, By Region, 2016–2023 (Kiloton)
Table 11 Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 12 Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 13 Epoxy Primer Market Size in Building & Construction, By Region, 2016–2023 (USD Million)
Table 14 Epoxy Primer Market Size in Building & Construction, By Region, 2016–2023 (Kiloton)
Table 15 Epoxy Primer Market Size in Automotive, By Region, 2016–2023 (USD Million)
Table 16 Epoxy Primer Market Size in Automotive, By Region, 2016–2023 (Kiloton)
Table 17 Epoxy Primer Market Size in Marine, By Region, 2016–2023 (USD Million)
Table 18 Epoxy Primer Market Size in Marine, By Region, 2016–2023 (Kiloton)
Table 19 Epoxy Primer Market Size in Machinery & Equipment, By Region, 2016–2023 (USD Million)
Table 20 Epoxy Primer Market Size in Machinery & Equipment, By Region, 2016–2023 (Kiloton)
Table 21 Epoxy Primer Market Size in Other Applications, By Region, 2016–2023 (USD Million)
Table 22 Epoxy Primer Market Size in Other Applications, By Region, 2016–2023 (Kiloton)
Table 23 Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 24 Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 25 Epoxy Primer Market Size for Solvent-Borne Technology, By Region, 2016–2023 (USD Million)
Table 26 Epoxy Primer Market Size for Solvent-Borne Technology, By Region, 2016–2023 (Kiloton)
Table 27 Epoxy Primer Market Size for Waterborne Technology, By Region, 2016–2023 (USD Million)
Table 28 Epoxy Primer Market Size for Waterborne Technology, By Region, 2016–2023 (Kiloton)
Table 29 Epoxy Primer Market Size, By Region, 2016–2023 (USD Million)
Table 30 Epoxy Primer Market Size, By Region, 2016–2023 (Kiloton)
Table 31 APAC: Epoxy Primer Market Size, By Country, 2016–2023 (USD Million)
Table 32 APAC Epoxy Primer Market Size, By Country, 2016–2023 (Kiloton)
Table 33 APAC: Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 34 APAC: Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 35 APAC: Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 36 APAC: Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 37 APAC: Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 38 APAC: Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 39 Europe: Epoxy Primer Market Size, By Country, 2016–2023 (USD Million)
Table 40 Europe: Epoxy Primer Market Size, By Country, 2016–2023 (Kiloton)
Table 41 Europe: Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 42 Europe: Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 43 Europe: Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 44 Europe: Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 45 Europe: Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 46 Europe: Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 47 North America: Epoxy Primer Market Size, By Country, 2016–2023 (USD Million)
Table 48 North America: Epoxy Primer Market Size, By Country, 2016–2023 (Kiloton)
Table 49 North America: Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 50 North America: Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 51 North America: Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 52 North America: Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 53 North America: Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 54 North America: Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 55 Middle East & Africa: Epoxy Primer Market Size, By Country, 2016–2023 (USD Million)
Table 56 Middle East & Africa: Epoxy Primer Market Size, By Country, 2016–2023 (Kiloton)
Table 57 Middle East & Africa: Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 58 Middle East & Africa: Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 59 Middle East & Africa: Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 60 Middle East & Africa: Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 61 Middle East & Africa: Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 62 Middle East & Africa: Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 63 South America: Epoxy Primer Market Size, By Country, 2016–2023 (USD Million)
Table 64 South America: Epoxy Primer Market Size, By Country, 2016–2023 (Kiloton)
Table 65 South America: Epoxy Primer Market Size, By Substrate, 2016–2023 (USD Million)
Table 66 South America: Epoxy Primer Market Size, By Substrate, 2016–2023 (Kiloton)
Table 67 South America: Epoxy Primer Market Size, By Application, 2016–2023 (USD Million)
Table 68 South America: Epoxy Primer Market Size, By Application, 2016–2023 (Kiloton)
Table 69 South America: Epoxy Primer Market Size, By Technology, 2016–2023 (USD Million)
Table 70 South America: Epoxy Primer Market Size, By Technology, 2016–2023 (Kiloton)
Table 71 Mergers & Acquisitions, 2015–2018
Table 72 New Product Launches, 2015–2018
Table 73 Investments & Expansions, 2015–2018

List of Figures

Figure 1 Epoxy Primer Market Segmentation
Figure 2 Epoxy Primer Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Epoxy Primer Market: Data Triangulation
Figure 6 Metal Substrate Dominates the Epoxy Primer Market
Figure 7 Building & Construction to Be the Largest Application
Figure 8 APAC to Dominate the Epoxy Primer Market
Figure 9 Emerging Economies Offer High Growth Opportunities to the Epoxy Primer Market
Figure 10 Metal Substrate to Register the Highest Cagr
Figure 11 Automotive Application to Register the Highest Cagr
Figure 12 China Was the Largest Market for Epoxy Primer
Figure 13 Overview of Factors Governing the Epoxy Primer Market
Figure 14 Metal Substrate to Dominate the Epoxy Primer Market
Figure 15 Building & Construction to Lead the Epoxy Primer Market
Figure 16 Solvent-Borne Technology Dominates the Epoxy Primer Market
Figure 17 China to Register the Highest Cagr Between 2018 and 2023
Figure 18 APAC: Epoxy Primer Market Snapshot
Figure 19 Europe: Epoxy Primer Market Snapshot
Figure 20 North America: Epoxy Primer Market Snapshot
Figure 21 Building & Construction Application to Drive the Middle East & African Epoxy Primer Market
Figure 22 Building & Construction Application to Dominate the SouthAmerican Epoxy Primer Market
Figure 23 Companies Adopted Merger & Acquisition as the Key Growth Strategy Between 2015 and 2018
Figure 24 Market Ranking of Key Players (2017)
Figure 25 PPG Industries: Company Snapshot
Figure 26 PPG Industries: SWOT Analysis
Figure 27 Akzonobel: Company Snapshot
Figure 28 Akzonobel: SWOT Analysis
Figure 29 Sherwin-Williams: Company Snapshot
Figure 30 Sherwin-Williams: SWOT Analysis
Figure 31 Axalta Coating Systems: Company Snapshot
Figure 32 Axalta Coating Systems: SWOT Analysis
Figure 33 BASF: Company Snapshot
Figure 34 BASF: SWOT Analysis
Figure 35 Nippon Paint: Company Snapshot
Figure 36 Jotun: Company Snapshot
Figure 37 Asian Paints: Company Snapshot
Figure 38 Kansai Paint: Company Snapshot
Figure 39 3M: Company Snapshot
Figure 40 Hempel: Company Snapshot
Figure 41 RPM International: Company Snapshot
Figure 42 Tikkurila: Company Snapshot
Figure 43 Berger Paints: Company Snapshot

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