The Asia Pacific Epoxy Coating Market would witness market growth of 5.5% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,099.4 Kilo Tonnes, showcasing a growth of 20.1% (2020-2023).
Powder-based epoxy coatings are a popular choice in the market, offering several advantages over liquid formulations. Powder coatings provide excellent adhesion, corrosion resistance, and chemical resistance, making them suitable for a wide range of applications, including automotive parts, appliances, architectural components, and industrial equipment. In terms of volume, In India, the demand for Powder-based products was 53.9 Kilo Tonnes in 2023.
The China market dominated the Asia Pacific Epoxy Coating Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,877.2 million by 2031. The Japan market is registering a CAGR of 4.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.2% during (2024 - 2031).
The adoption of epoxy coatings has increased significantly across various industries in recent years, driven by several factors contributing to their widespread use and acceptance. For instance, these are renowned for their outstanding performance and durability. They offer superior resistance to corrosion, chemicals, abrasion, and wear, making them ideal for applications where protection and longevity are essential.
Epoxy coatings are highly versatile and can be customized to suit specific application requirements. They can be formulated with different additives, fillers, and pigments to achieve desired properties such as flexibility, hardness, adhesion, and colour. These can be applied to various substrates, including concrete, metal, wood, and plastics, making them adaptable to various surfaces and materials.
As automobile production in India grows, there is a corresponding increase in demand for coatings that protect against corrosion, abrasion, and environmental damage. These are widely used in the automotive industry to protect metal components such as chassis, frames, body panels, and engine parts from corrosion and wear. Thus, the increasing production of automobiles and the expansion of the electronics sector are driving the market’s growth.
Free Valuable Insights: The Global Epoxy Coating Market is Predict to reach USD 47.6 Billion by 2031, at a CAGR of 5.4%
Based on Technology, the market is segmented into Solvent-based, Water-based and Powder-based. Based on Application, the market is segmented into Building & Construction, Transportation, Industrial and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Akzo Nobel N.V.
- Axalta Coating Systems Ltd.
- Endura Manufacturing Company Ltd.
- Kansai Paint Co., Ltd.
- PPG Industries, Inc.
- RPM International, Inc.
- The Sherwin-Williams Company
- Thermal-Chem Corporation
- BASF SE
- Berger Paints India Limited
Asia Pacific Epoxy Coating Market Report Segmentation
By Technology (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Solvent-based
- Water-based
- Powder-based
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Building & Construction
- Transportation
- Industrial
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Asia Pacific Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Partnerships, Collaborations and Agreements– Epoxy Coating Market
TABLE 6 Product Launches And Product Expansions– Epoxy Coating Market
TABLE 7 Acquisition and Mergers– Epoxy Coating Market
TABLE 8 Expansion– Epoxy Coating Market
TABLE 9 Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 12 Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 13 Asia Pacific Solvent-based Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Solvent-based Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Solvent-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Asia Pacific Solvent-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Asia Pacific Water-based Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Water-based Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Water-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 Asia Pacific Water-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 Asia Pacific Powder-based Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Powder-based Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Powder-based Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Asia Pacific Powder-based Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 28 Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 29 Asia Pacific Building & Construction Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Building & Construction Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Building & Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Asia Pacific Building & Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Asia Pacific Transportation Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Transportation Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Transportation Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Asia Pacific Transportation Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Asia Pacific Industrial Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Industrial Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Industrial Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Asia Pacific Industrial Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Asia Pacific Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Asia Pacific Epoxy Coating Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Epoxy Coating Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Epoxy Coating Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Asia Pacific Epoxy Coating Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 China Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 50 China Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 51 China Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 52 China Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 53 China Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 54 China Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 55 China Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 56 China Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 57 China Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 58 China Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 59 China Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 60 China Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 61 Japan Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 62 Japan Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 63 Japan Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Japan Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Japan Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 66 Japan Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 67 Japan Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 68 Japan Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 69 Japan Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 70 Japan Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 71 Japan Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 72 Japan Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 73 India Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 74 India Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 75 India Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 76 India Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 77 India Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 78 India Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 79 India Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 80 India Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 81 India Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 82 India Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 83 India Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 84 India Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 85 South Korea Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 86 South Korea Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 87 South Korea Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 88 South Korea Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 89 South Korea Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 90 South Korea Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 91 South Korea Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 92 South Korea Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 93 South Korea Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 94 South Korea Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 95 South Korea Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 96 South Korea Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 97 Singapore Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 98 Singapore Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 99 Singapore Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 100 Singapore Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 101 Singapore Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 102 Singapore Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 103 Singapore Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 104 Singapore Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 105 Singapore Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 106 Singapore Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 107 Singapore Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 108 Singapore Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 109 Malaysia Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 110 Malaysia Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 111 Malaysia Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Malaysia Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Malaysia Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 114 Malaysia Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 115 Malaysia Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 116 Malaysia Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 117 Malaysia Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 118 Malaysia Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 119 Malaysia Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 120 Malaysia Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Epoxy Coating Market, 2020 - 2023, USD Million
TABLE 122 Rest of Asia Pacific Epoxy Coating Market, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific Epoxy Coating Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Epoxy Coating Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Epoxy Coating Market by Technology, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Epoxy Coating Market by Technology, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Epoxy Coating Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Epoxy Coating Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 133 Key information – Akzo Nobel N.V.
TABLE 134 Key Information – Axalta Coating Systems Ltd.
TABLE 135 Key Information – Endura Manufacturing Company Ltd.
TABLE 136 Key Information – Kansai Paint CO., LTD.
TABLE 137 Key Information – PPG Industries, Inc.
TABLE 138 Key Information – RPM International, Inc.
TABLE 139 Key Information – The Sherwin-Williams Company
TABLE 140 Key Information – Thermal-Chem Corporation
TABLE 141 Key Information – BASF SE
TABLE 142 Key Information – Berger Paints India Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Epoxy Coating Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Epoxy Coating Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep – 2024, Apr) Leading Players
FIG 7 Porter’s Five Forces Analysis - Epoxy Coating Market
FIG 8 Asia Pacific Epoxy Coating Market share by Technology, 2023
FIG 9 Asia Pacific Epoxy Coating Market share by Technology, 2031
FIG 10 Asia Pacific Epoxy Coating Market by Technology, 2020 - 2031, USD Million
FIG 11 Asia Pacific Epoxy Coating Market share by Application, 2023
FIG 12 Asia Pacific Epoxy Coating Market share by Application, 2031
FIG 13 Asia Pacific Epoxy Coating Market by Application, 2020 - 2031, USD Million
FIG 14 Asia Pacific Epoxy Coating Market share by Country, 2023
FIG 15 Asia Pacific Epoxy Coating Market share by Country, 2031
FIG 16 Asia Pacific Epoxy Coating Market by Country, 2020 - 2031, USD Million
FIG 17 Recent strategies and developments: AkzoNobel N.V.
FIG 18 SWOT Analysis: Akzo Nobel N.V.
FIG 19 Recent strategies and developments: Axalta Coating Systems Ltd.
FIG 20 SWOT Analysis: AXALTA COATING SYSTEMS LTD.
FIG 21 SWOT Analysis: Endura Manufacturing Company Ltd.
FIG 22 SWOT Analysis: Kansai Paint Co., Ltd.
FIG 23 SWOT Analysis: PPG Industries, Inc.
FIG 24 SWOT Analysis: RPM International, Inc.
FIG 25 Recent strategies and developments: The Sherwin-Williams Company
FIG 26 SWOT Analysis: The Sherwin-Williams Company
FIG 27 SWOT Analysis: Thermal-Chem Corporation
FIG 28 SWOT Analysis: BASF SE
FIG 29 SWOT Analysis: Berger Paints India Limited