The market demand for water-based epoxy resin coatings continues to increase, and industry competition will become more intense.

Water-based epoxy resin paint, also known as water-based epoxy resin paint, is a paint that uses water as the solvent or dispersion medium and does not contain organic solvents. It is one of the important categories of water-based paint, including water-soluble epoxy resin paint and water-emulsified ring paint. Oxygen resin coating has the advantages of green environmental protection, good adhesion, strong corrosion resistance, wide adaptability, good stability, and simple coating method. It is widely used in railways, floors, trucks, agriculture, containers, ships, and automobiles. Spare parts, large mechanical equipment and other fields.

Epoxy resin coatings include water-based epoxy resin coatings and solvent-based epoxy resin coatings. In practical applications, solvent-based epoxy resin coatings are flammable and explosive, have low safety factors, and release heavy metals such as lead and mercury as well as harmful harmful substances such as benzene, toluene, xylene, formaldehyde, and volatile organic compounds during the coating process. Substances endanger human health and cause environmental pollution. In recent years, as the Chinese government has paid more and more attention to environmental protection issues, relevant departments have formulated stricter regulations on volatile organic compounds in coatings. Water-based epoxy resin coatings that are green, environmentally friendly, non-toxic, non-irritating, and do not harm human health have been able to Rapid development.

According to the “China Waterborne Epoxy Resin Coatings Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research CenterIt shows that water-based epoxy resin coatings are one of the fastest growing categories of water-based coatings and are widely used in playgrounds/airport runways, factory floors, containers, ship decks, auto parts, industrial roof leak-proofing, and indoor and outdoor walls. , aircraft carrier aprons and other physical objects can be coated with water-based epoxy resin coatings. With the continuous development of my country’s urban infrastructure/urbanization construction and the government’s continuous support for industrialization and manufacturing, the market demand for water-based epoxy resin coatings in my country continues to increase.

In addition, in recent years, my country has vigorously promoted the reform of container coatings. The “oil-to-water” conversion of container coatings is the general trend. Water-based epoxy resin coatings have become the mainstream choice in the “oil-to-water” process of container coatings due to their excellent performance. The rapid growth in demand for container coatings has further promoted the development of water-based epoxy resins in my country. Against this background, my country’s water-based epoxy resin coatings have huge development potential, and the market size continues to rise. my country’s water-based epoxy resin coating market size will be US$660 million in 2022, a year-on-year increase of 9.6%. It is expected that by 2026, the market size of my country’s water-based epoxy resin coatings will reach US$990 million.

Industry analysts said that from a global perspective, Sherwin-Williams of the United States, PPG of the United States, Akzo Nobel of the Netherlands, and Digurila of Finland , Japan’s Nippon Paint, etc. are leading foreign water-based epoxy coating companies; Sankeshu, Sanxia Paint, Chenyang Water Paint, Bauhinia Paint, Carbaoli Chemical, Lanling Chemical, etc. are the main local water-based epoxy coating manufacturers. There are a large number of water-based epoxy resin coating manufacturers in my country, and competition in the industry is fierce. In recent years, the rapid development of water-based epoxy resin coatings has attracted many companies to enter the market. It is expected that competition in my country’s water-based epoxy resin coatings industry will become more intense in the next few years.