The report of global primer market by Material (Dispersants, Epoxy Resins, Biocides, and Others) Applications (Concrete, Wood, Metal, Plastic and others) End-User (Building & Construction, Automotive, Marine and Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ 5.4 Bn by 2027, at a CAGR of 4.8% during a forecast period.
E-commerce businesses have documented a profitable growth for global retail sales in the base year and expected to drive the primer market during the forecast period.
Material segment is expected to grow at the highest CAGR of XX% during the forecast period.
By the type segment, the epoxy primer segment is expected to dominate the global market. Eco-friendly water-borne epoxy primers are used in various applications includes building and construction, industrial, and transportation. Intensifying demand for water-borne epoxy primers across the world is increasing the overall demand for epoxy primers thus above mentioned industries are helping global primer market to grow in the coming years.
The Asia Pacific region dominated the Primer Market in 2019.
Regionally, Asia Pacific is expected to witness the noticeable growth during the forecast period. Development in the electric and semi-electric vehicles, electronics goods industries are demanding for attractive and lavish coating, have Increased the popularity of Primer industries in developing countries like India, China. Automotive industries are constantly growing in the Asia Pacific region is expected to drive the global primer market.
Major Key player’s executing in the Global Primer Market are Nippon Paint Holdings Company Limited, Axalta Coating Systems, Jotun Group, Asian Paints Ltd, BASF SE, PPG Industries, Akzo Nobel N.V, Sherwin-Williams, Kansai Paints Company Limited, 3M Company, PPG Industries, AXALTA, Valspar, Berger Paints India Limited, Hempel A/S, RPM International, Masco Corporation and Tikkurila OYJ.
Maximize Market Research, a global market research with a dedicated team of specialists and, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Primer Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Primer Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive Research report and in-depth TOC on “Global Primer Market.”
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Name: Vikas Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
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