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Showing posts with the label Epoxy Coating Industry

Epoxy Coating Market to Receive overwhelming hike in Revenues of USD 41.71 Billion by 2024

Increase in spending on residential and commercial construction in emerging regions such as Asia Pacific and Middle East is expected to drive global Epoxy Coating Market growth over the next eight years. The Global Epoxy Coating Market is expected to reach USD 41.71 billion by 2024, according to a new report by Grand View Research, Inc. Rapid industrialization in Asia Pacific has resulted in an increase in utilization of epoxy coatings for flooring applications for both commercial and industrial structures such as retail stores, hospitals, showrooms, and warehouses. These coatings provide superior gloss and aesthetic finish in form of terrazzo flooring, chip flooring, and colored aggregate flooring. Growing automotive sector in developing economies of Asia Pacific and Latin America owing to a surge in population base and rising disposable income is expected to stimulate epoxy coatings demand. Growing application scope in rust and corrosion prevention of vehicle bodies and other ...