Global Industrial Coatings Market Trends, Size, Competitive Analysis and Forecast - 2020-2026


Posted September 29, 2020 by pooja1919

The food flavor market is anticipated to grow at a significant CAGR during the forecast period.

 
The global market for industrial coatings is projected to have considerable CAGR of around 4.8% during the forecast period. The major factors that propels the industrial coatings market include growing trend towards eco-friendly coatings coupled with growing industrialization across the globe. Industrial coatings are referred to non-metallic and inert thin films that are processed on the surface through various deposition process such as chemical vapor deposition and physical vapor deposition, among others.

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The coating process is further followed by the heating and subsequent cooling of the surface. Ceramic coatings are primarily made from the deposition of silica, alumina-magnesia, alumina, silicon nitride, and silicon carbide, among other solutions. It provides a strong long-lasting protection from abrasion, corrosion, and scratches as compared to conventional wax products. Growing adoption of high-performance coatings in automotive industry is one of the major factors fueling the growth of the global industrial coatings market.

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Global Industrial Coatings Market Segmentation
By Resin Type
Acrylic
Polyester
Polyurethane
Epoxy
Others (Alkyd)
By End-User
Aerospace
Automotive
General Industrial
Marine
Wood
Others ( Electronics)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Akzo Nobel N.V.
Axalta Coating Systems, LLC
Asian Paints Ltd.
BASF SE
Beckers Group
Berger Paints India Ltd.
Croda International Plc
Evonik Industries AG
Hempel A/S
Henkel AG & Co. KGaA
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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated September 29, 2020