에폭시 코팅 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

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:

1. Rapid-Cure UV/LED-Curable Epoxy Technologies Enabling Higher Throughput
2. EV Battery Casings and Motor Housings Need Chemically-Resistant Coats
3. BPA 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.

1. AkzoNobel N.V.
2. Asian Paints
3. Axalta Coating Systems LLC
4. BASF
5. Berger Paints India
6. Diamond Vogel
7. DuluxGroup Ltd
8. Hempel A/S
9. Jotun
10. Kansai Paint Co., Ltd.
11. Koster Bauchemie AG
12. Nippon Paint Holdings Co., Ltd.
13. Pidilite Industries Limited
14. PPG Industries, Inc.
15. RPM International Inc.
16. Sika AG
17. The Euclid Chemical Company
18. The Sherwin-Williams Company
19. Tikkurila

Additional Benefits:

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

TABLE OF CONTENTS

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