The Report “Asia-Pacific Waterborne Epoxy Coatings Market By Application (Construction, Transportation, Industrial, and Others) – Forecast To 2020” is estimated to reach $6,561.98 million by 2020, growing at a CAGR of 6.92 % from 2015 to 2020.
Browse through the TOC of the Asia-Pacific Waterborne Epoxy Coatings Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Asia-Pacific is the largest market of waterborne epoxy coatings in the world, accounting for around 40% of the total market size, in terms of volume in 2015. In 2014, the building & construction industry accounted for about 52.80% of the waterborne epoxy coatings market size in terms of volume in the region.
Increasing demand from the construction industry is driving the waterborne epoxy coatings market in Asia-Pacific.
The demand for waterborne epoxy coatings from the construction industry is driven by rising population and growing urbanization in Asia-Pacific countries, such as China, India, and Indonesia, resulting into increased demand for residential, commercial, and industrial infrastructure. Low interest rates on housing loans are also responsible for increase in the demand for new houses, eventually driving the building & construction segment. This segment is estimated to grow rapidly compared with other segments. The construction industry in Asia-Pacific is projected to grow at the highest rate between 2015 and 2020 in terms of value.
Key market players in the waterborne epoxy coatings market in Asia-Pacific
The key players in the waterborne epoxy coatings market in Asia-Pacific are AkzoNobel N.V. (Netherlands), BASF (Germany), Berger Paints India Limited (India), Kansai Paint Company Limited (Japan), Nippon Paint Company Limited (Japan), PPG Industries Inc. (U.S.), RPM International Inc. (U.S.), The Sherwin Williams Company (U.S.), and Valspar Corporation (U.S.).
The report analyzes the market of waterborne epoxy coatings in Asia-Pacific and forecasts till 2020. The market size estimations have been provided in terms of market value (USD million) and in terms of volume (kiloton). The report also identifies prominent players and provides analysis of each player in terms of company overview, financials, products & services offered, and recent developments. Construction, transportation, industrial, and other applications are studied in the report.
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