Market Overview

Epoxy Sealer - World Markets to 2023: Technological Advancements are Creating New Opportunities

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Epoxy Sealer - World Markets to 2023: Technological Advancements are Creating New Opportunities

PR Newswire

DUBLIN, Aug. 30, 2018 /PRNewswire/ --

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The "Epoxy Sealer Market By Substrate (Concrete, Metal, Wood), By End-user (Industrial construction, Non-industrial Construction, Transportation, Furniture and Sports Equipment) and By Geography - Global Driver, Restraints, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

According to the report, the global epoxy sealer market is expected to grow at a CAGR of 6% during the forecast period 2017-2023 to reach a value of $15.48 billion by 2023.

Relying on the consumption of the concrete surface, the construction segment is expected to maintain global dominance while high demand is expected to come from wooden applications. Asia Pacific is expected to increase its share in the global epoxy sealer market with high demand coming from developing countries of China, India, Indonesia, and the Philippines among others.

The supply market for epoxy sealer is expected to remain competitive. The international players are looking for ways to be closer to the developing markets and are investing in the regions or focusing on cementing ties with the regional stakeholders. Few of the prominent players in the global epoxy sealer market are Evonik, Axalta Coating System Inc., Arkema, and Sherwin-Williams.

Currently, Asia Pacific is the largest market for epoxy sealer with large construction sector and fast-growing transportation industry. The economies such as China and India are fueling the demand via consistently increasing the penetration of epoxy products to replace low-end substitutes.

The developed regions of Western Europe and North America are expecting a relatively lower growth due to the existing high penetration and increasing substitute pressure although at a higher cost. The increasing industrialization and growing infrastructure in developing countries along with the maintenance demand from developed regions are expected to drive the consumption for the epoxy sealer market.

Key Topics Covered

1 Executive Summary
1.1 Asia Pacific Sustains Dominance in Epoxy Sealer Market
1.2 Improving and Increasing Urban Population Accommodation Creates a Surge via the Residential Industry

2 Market Positioning
2.1 Industry Snapshot
2.1.1 Market Overview
2.1.2 Key Trends
2.2 Related Markets

3 Market Outlook
3.1 Overview
3.2 Value Chain Analysis
3.3 PESTLE
3.4 Porter 5 Forces
3.5 Patent Analysis

4 Market Characteristics
4.1 Market Segmentation
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Increasing purchasing power boosting affordability
4.2.1.2 Technological advancements are creating new opportunities
4.2.2 Restraints
4.2.2.1 Lack of awareness about benefit of the sealers
4.2.2.2 High initial cost limits the market potential
4.2.3 Opportunities
4.2.3.1 Regulatory changes are driving the industry growth
4.2.3.2 Large potential markets in the global construction, automotive and wood sectors
4.2.4 DRO - Impact Analysis

5 Substrate: Market Size & Analysis
5.1 Overview
5.2 Concrete
5.3 Metal
5.4 Wood

6 End-user: Market Size & Analysis
6.1 Overview
6.2 Industrial Construction
6.3 Non-industrial Construction
6.4 Transportation
6.5 Furniture & Sports Equipment

7 Regions: Market Size and Analysis

8 Companies to Watch For
8.1 AXALTA expansion of its Epoxy coating product line

9 Competitive Landscape
9.1 Competitor Comparison Analysis
9.2 Market Landscape
9.2.1 Mergers, Acquisitions & Joint Ventures
9.2.2 Expansion
9.2.3 Exhibition & Product Launch
9.2.4 Agreement & Partnership
9.2.5 Awards & Recognition

10 Company Profiles
10.1 Vendor Profiles
10.1.1 Evonik Industries AG
10.1.2 Axalta Coating Systems Ltd.
10.1.3 Sika AG
10.1.4 Arkema
10.1.5 Sherwin-William Inc.
10.2 Customer Profile
10.2.1 ACS Group
10.2.2 VINCI Corporation
10.2.3 CEMEX
10.2.4 PCL Construction
10.2.5 Skanska

For more information about this report visit https://www.researchandmarkets.com/research/dd2ktg/epoxy_sealer?w=5

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