Opportunities Preloader

Please Wait.....

Report

Epoxy Coatings - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

Market Report I 2026-01-16 I 120 Pages I Mordor Intelligence

Epoxy Coatings Market Analysis

The Epoxy Coatings Market was valued at USD 37.75 billion in 2025 and estimated to grow from USD 38.97 billion in 2026 to reach USD 45.69 billion by 2031, at a CAGR of 3.24% during the forecast period (2026-2031). The measured pace mirrors a mature sector that is balancing tougher emission rules with widening end-use demands. Manufacturers are channeling investment toward sustainable chemistries, particularly waterborne technologies that curb volatile organic compounds. Construction, automotive, and industrial customers are pivoting toward these low-VOC offerings to comply with tightening air-quality mandates and to improve workplace safety. Portfolio optimization, such as divestitures of commodity lines and acquisitions of high-performance assets, has become the dominant competitive tactic as suppliers reposition around specialty applications and regional growth hotspots.

Global Epoxy Coatings Market Trends and Insights



Waterborne Epoxy Penetration Rising in Industrial Protective Coatings

Industrial facilities are accelerating the shift toward waterborne systems to meet strict volatile organic compound caps, such as the U.S. Environmental Protection Agency limit of 4.8 pounds per gallon. Advances in resin chemistry now allow waterborne epoxies to match the elongation and chemical resistance once exclusive to solvent-based products. A 2024 study using epoxidized natural-rubber latex recorded a 370% gain in elongation without sacrificing durability. High-solids versions emit virtually no VOCs during application, helping plants satisfy air-quality permits and improve worker safety profiles. As compliance deadlines tighten, the conversion of factory maintenance programs to waterborne offerings is becoming a structural market shift rather than a short-term trend.

Industrial Flooring Upgrades in Food and Beverage Plants

Food processors are resurfacing production areas with epoxy floors that withstand aggressive sanitizers and meet USDA inspections. Novolac chemistries offer exceptional acid resistance for facilities that handle beverages with low pH, while 100% solids formulations shorten turnaround times because they cure without solvent evaporation. Operators are willing to pay higher upfront costs once lifecycle models reveal lower maintenance spending and fewer shutdowns. The trend gains momentum as global food-safety audits grow in frequency and rigor.

Stringent Global VOC/HAP Emission Limits on Solvent-Based Systems

New York limits industrial maintenance coatings to 250 g/L VOC, while California allows as little as 100 g/L depending on use. China's GB 30981-2020 standard sets parallel caps on harmful constituents. Non-compliance triggers fines and market access barriers, forcing formulators to invest in re-engineering or face regional exit. In many cases, waterborne or powder alternatives cannot yet duplicate the performance of legacy products, leaving short-term supply gaps in specialty niches.

Other drivers and restraints analyzed in the detailed report include:

Rapid-Cure UV/LED-Curable Epoxy Technologies Enabling Higher ThroughputEV Battery Casings and Motor Housings Need Chemically-Resistant CoatsBPA and Epichlorohydrin Price Volatility Disrupting Cost Structures

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Water-based chemistries contributed 41.80% of 2025 revenue and hold the top growth slot at 4.32% CAGR. Cost competitiveness has improved as raw-material suppliers develop amine adducts and self-crosslinking resins that cure under ambient conditions. Solvent-borne grades continue in marine, oil-and-gas, and heavy-equipment segments where extreme corrosion resistance overrides VOC concerns. Powder coatings account for a rising but still minority share; adoption is pacing automotive wheels, home appliances, and metal furniture. Graphene-reinforced powders have proven to double corrosion-protection cycle time in salt-spray testing.

Waterborne suppliers emphasize cradle-to-grave sustainability metrics: zero-hot-spot life-cycle assessments, reduced plant ventilation needs, and lower insurance premiums. Production of two-component packs in minimal-plastic, returnable containers further cuts scope-3 emissions, aligning with customer net-zero roadmaps. Powder-coating vendors target decarbonization by promoting low-temperature cure chemistries that save furnace energy and enable coating of heat-sensitive substrates.

The Epoxy Coatings Report is Segmented by Technology (Water-Based, Solvent-Based, and Powder-Based), End-User Industry (Building and Construction, Automotive, Transportation, Industrial, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

Asia-Pacific accounted for 46.43% of global sales in 2025, reflecting its broad manufacturing base and relentless infrastructure build-out. China represents more than half of regional demand and is intensifying its transition to waterborne exterior wall coatings under municipal solvent bans. India's Smart Cities Mission and Indonesia's toll-road expansions funnel epoxy orders into bridges, airports, and mass-transit depots. The epoxy coatings market is forecast to grow by a 3.63% CAGR in the region. Local suppliers with in-country hubs enjoy tariff advantages and faster delivery times, especially in Indonesia, where paint imports face incremental duties.

North America remains a technology leader through rapid-cure and composite-compatible systems designed for aerospace and electric-vehicle plants. Retrofit demand, such as factory floors, oil-pipeline refurbishment, and offshore platforms, maintains a steady baseline consumption even in flat macro cycles. European demand is driven by the renovation of aged infrastructure and progressive VOC legislation that accelerates solvent-to-water conversions. Customers are willing to pay premiums for coatings certified under Ecolabel frameworks that validate low life-cycle emissions. South America, the Middle East, and Africa offer incremental but uneven growth. Brazil is experiencing renewed foreign investment, exemplified by a USD 1.15 billion acquisition that broadens local distribution reach. Currency swings and political risk temper project pipelines, yet contractors continue to specify durable linings to extend asset life under harsh environmental conditions.

List of Companies Covered in this Report:

AkzoNobel N.V. Asian Paints Axalta Coating Systems LLC BASF Berger Paints India Diamond Vogel DuluxGroup Ltd Hempel A/S Jotun Kansai Paint Co., Ltd. Koster Bauchemie AG Nippon Paint Holdings Co., Ltd. Pidilite Industries Limited PPG Industries, Inc. RPM International Inc. Sika AG The Euclid Chemical Company The Sherwin-Williams Company Tikkurila

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Waterborne Epoxy Penetration Rising in Industrial Protective Coatings
4.2.2 Construction Sector Expansion in APAC and Africa
4.2.3 Industrial Flooring Upgrades in Food and Beverage Plants
4.2.4 Rapid-Cure UV/LED-Curable Epoxy Technologies Enabling Higher Throughput
4.2.5 EV Battery Casings and Motor Housings Need Chemically Resistant Coats
4.3 Market Restraints
4.3.1 Stringent Global VOC/HAP Emission Limits on Solvent-Based Systems
4.3.2 BPA and Epichlorohydrin Price Volatility Disrupting Cost Structures
4.3.3 Limited Supply of Certified Bio-Based Epoxy Precursors
4.4 Value Chain Analysis
4.5 Porter's Five Forces
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry

5 Market Size and Growth Forecasts (Value)
5.1 By Technology
5.1.1 Water-based
5.1.2 Solvent-based
5.1.3 Powder-based
5.2 By End-user Industry
5.2.1 Building and Construction
5.2.2 Automotive
5.2.3 Transportation
5.2.4 Industrial
5.2.5 Others
5.3 By Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 France
5.3.3.4 Italy
5.3.3.5 NORDIC
5.3.3.6 Russia
5.3.3.7 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 United Arab Emirates
5.3.5.3 South Africa
5.3.5.4 Rest of Middle-East and Africa

6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share (%)/Ranking Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
6.4.1 AkzoNobel N.V.
6.4.2 Asian Paints
6.4.3 Axalta Coating Systems LLC
6.4.4 BASF
6.4.5 Berger Paints India
6.4.6 Diamond Vogel
6.4.7 DuluxGroup Ltd
6.4.8 Hempel A/S
6.4.9 Jotun
6.4.10 Kansai Paint Co., Ltd.
6.4.11 Koster Bauchemie AG
6.4.12 Nippon Paint Holdings Co., Ltd.
6.4.13 Pidilite Industries Limited
6.4.14 PPG Industries, Inc.
6.4.15 RPM International Inc.
6.4.16 Sika AG
6.4.17 The Euclid Chemical Company
6.4.18 The Sherwin-Williams Company
6.4.19 Tikkurila

7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-Need Assessment

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE
  • $4750.00
  • $5250.00
  • $6500.00
  • $8750.00
  • ADD TO BASKET
  • BUY NOW