Global Protective Coating Market – Industry Analysis and Forecast (2019-2026)
Global Protective Coating Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 9% during forecast period.
Protective coatings market growth is inclined by various factors, with growing demand for new infrastructure in developing countries and improved investments to upgrade aging infrastructure in developed countries. Product and technology inventions focused on eco-friendly and cost-efficient solutions is another factor projected to fuel the growth of the market during forecast period. Major trend observed in the market is the implementation of water-borne coatings over solvent-borne coatings because of stringent environmental protocols limiting VOC emissions.
Protective coatings market will basically pick up from the accelerating investments in building and construction activities worldwide. Also, growth of government-upheld welfare housing plans will increase development views for the market. Given the primary situation at the worldwide development part, the interest for rebuilding, remodel, and renewing of old structures is on an ascent. This has filled the interest for protective coatings globally.
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Geographically, Asia Pacific protective coatings market is projected to develop at the highest CAGR of 9%, in terms of volume during the forecast years. Market in region is projected to account for 41% share of the global protective coatings market volume by 2025 end. In terms of market volume, Europe market is estimated to illustrate slow growth during the forecast period. It is line up to account for a value share of 21% by the end of 2026. Revenue contribution of Latin America and the Middle East & Africa to the global protective coatings market is projected to rise significantly at CAGR of 9% and 8% respectively over the forecast period.
Major players in the protective coatings market are Axalta Coating Systems, The Sherwin-Williams Co., AkzoNobel NV, Wacker Chemie AG, Arkema SA, and PPG Industries. These players have adopted new product developments and capacity developments as main approach for making their places stronger in the market. Growth example for protective coating is that in 2016, a multinational company that generates performance and paints coatings, AkzoNobel finalizes the takeover of an industrial coating business, BASF.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Protective Coating Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Protective Coating Market.
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Scope of Global Protective Coating Market:
Global Protective Coating Market by Resin Type:
• Epoxy
• Polyester
• Polyurethane
• Vinyl Ester
• Other Resin Types
Global Protective Coating Market by Technology:
• Water-borne
• Solvent-borne
• Powder
• Other Technologies
Global Protective Coating Market by End-user Industry:
• Oil and Gas
• Mining
• Power
• Infrastructure
• Other End-user Industries
Global Protective Coating Market by Region:
• North America
• Asia Pacific
• Europe
• Middle East & Africa
• South Africa
Key Players Operating in the Market Include:
• Axalta Coating Systems
• Sherwin-Williams Company
• PPG Industries Inc.
• Hempel A/S
• Jotun Group
• Akzo Nobel N.V.
• Sika AG
• Nippon Paint Holdings Company Limited
• Arkema Group
• Kansai Paint Company Limited
Browse Full Report with Facts and Figures of Protective Coating Market Report at: https://www.maximizemarketresearch.com/market-report/global-protective-coating-market/32616/
MAJOR TOC OF THE REPORT
Chapter One: Protective Coating Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Protective Coating Market Competition, by Players
Chapter Four: Global Protective Coating Market Size by Regions
Chapter Five: North America Protective Coating Revenue by Countries
Chapter Six: Europe Protective Coating Revenue by Countries
Chapter Seven: Asia-Pacific Protective Coating Revenue by Countries
Chapter Eight: South America Protective Coating Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Protective Coating by Countries
Chapter Ten: Global Protective Coating Market Segment by Type
Chapter Eleven: Global Protective Coating Market Segment by Application
Chapter Twelve: Global Protective Coating Market Size Forecast (2019-2026)
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