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Market Overview of Global Organic Zinc Rich Primer market:
According to our latest research, the global Organic Zinc Rich Primer market looks promising in the next 5 years. As of 2022, the global Organic Zinc Rich Primer market was estimated at USD 1150.83 million, and it's anticipated to reach USD 1457.01 million in 2028, with a CAGR of 4.01% during the forecast years.
Organic zinc rich primer contains metallic zinc particles encapsulated in a variety of resins, the most common being epoxy resin. They are used as primers in multi-coat systems, providing outstanding protection to steel surfaces in a wide range of environments.
The cost-effectiveness, ease of application, effectiveness as a barrier to salts, water and oxygen and high bond strength to blast cleaned steel of organic zinc-rich primers makes them excellent choices in corrosion protection.
Market Opportunities and Drivers
With the expansion of the earth's population and the industrialization of developing countries, human demand for energy has reached an unprecedented level. More than half of energy comes from fossil fuels extracted from deep crust. On a global scale, the biggest challenge facing the energy field will be refrigeration. With the growth of the middle-class population in India and China, the demand for air conditioning will increase accordingly. By the middle of this century, the energy demand for refrigeration will exceed the energy demand for heating. Under the background of global initiative to develop renewable energy, hydropower is the main source of renewable energy. Organic Zinc Rich Primer has important applications in the offshore field. With the increasing demand for petrochemical products and electricity in developing economies such as India, India, China and Middle Eastern countries will promote the demand for Organic Zinc Rich Primer in these industries during the forecast period.
Organic zinc rich primer has many advantages, such as cathodic protection, mechanical wear resistance, heat resistance and small burning area of paint film during welding and cutting. Compared with other primers, it is easier to paint on organic zinc rich primer. Compared with inorganic zinc silicate, it has faster drying speed and faster recoating time. Therefore, it is a good primer in multi-pass coating system. Good performance of organic zinc-rich primer drives the growth of market demand
With the rapid development of the Internet era, the sales forms are constantly innovating, and the online marketing of Organic Zinc Rich Primer shows great advantages in the fierce market competition. However, the sales channel of online sales is a commercial organization that contacts with the outside of the
company through the role of the Internet, so as to achieve the purpose of company distribution. Compared with traditional marketing channels, the advantages of online sales are improved in sales cost, channel management cost, information flow and capital flow. With the continuous progress of information technology, online sales are developing at a faster speed, and the competition between online sales channels and traditional sales channels will also highlight its advantages. The emerging online sales channel not only simplifies the composition of various channels in traditional marketing, but also integrates sales, pre-sales and after-sales service, commodity and customer information inquiry, which has great advantages. The further development of online sales of Organic Zinc Rich Primer will further promote the sales volume of the whole market.
Region Overview:
From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Jotun is one of the major players operating in the Organic Zinc Rich Primer market, holding a share of 14.36% in 2021.
The Jotun Group is a matrix organisation with sales of Decorative Paints and Marine, Protective and Powder Coatings organised into seven regions.
The company has 38 production facilities in 23 countries, with 67 companies in 47 countries, and represented in more than 100 countries overall around the world.
June 29, 2021 AkzoNobel to acquire Grupo Orbis and expand position in South and Central America.The intended transaction follows on from a series of recent acquisitions by AkzoNobel across the paints and coatings industry over the last 18 months, which have included Titan Paints in Spain and New Nautical Coatings in the US.
Segmentation Overview:
Among different product types, Epoxy Zinc Rich Coatings segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Ship segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Organic Zinc Rich Primer market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Organic Zinc Rich Primer Market Report:
Market Size Estimates: Organic Zinc Rich Primer market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Organic Zinc Rich Primer market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Organic Zinc Rich Primer market
Segment Market Analysis: Organic Zinc Rich Primer market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Organic Zinc Rich Primer market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Organic Zinc Rich Primer Market: Revenue and sales volume of major countries in each region
Organic Zinc Rich Primer Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Organic Zinc Rich Primer market in major regions.
Organic Zinc Rich Primer Industry Value Chain: Organic Zinc Rich Primer market raw materials & suppliers, manufacturing process, distributors, downstream customers
Organic Zinc Rich Primer Industry News, Policies & Regulations
Key players in the global Organic Zinc Rich Primer market are covered in Chapter 12:
PPG Industries
Hempel
Nippon
Jotun
AkzoNobel
Sherwin-Williams
Chugoku Marine Paints
Shuangshi Paint
MBCC
Kansai
KCC
Sumter Coatings
RPM
In Chapter 2 and Chapter 15.1, based on types, the Organic Zinc Rich Primer market from 2018 to 2028 is primarily split into:
Epoxy Zinc Rich Coatings
Chlorinated Rubber Zinc Rich Coating
Vinyl Resin Zinc Rich Coating
Polyurethane Zinc Rich Coating
Others
In Chapter 3 and Chapter 15.2, based on applications, the Organic Zinc Rich Primer market from 2018 to 2028 covers:
Ship
Offshore
Machinery
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Organic Zinc Rich Primer market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028