Market Size of Fusion Bonded Epoxy Coatings Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 7.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Fusion Bonded Epoxy Coatings Market Analysis
The market for fusion bonded epoxy coatings is expected to grow at a CAGR of less than 7% during the forecast period. Major factors driving the market studied is increasing demand from the oil and gas industry, growing infrastructure and industrialization in the Asia-Pacific region.
- On the flip side, the presence of alternative coating types is likely to hinder the market.
- Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.