In this Global Protective Coatings Market report, market analysis and market segmentation is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This market report is all-embracing and object-oriented which is structured with the combination of an admirable industry experience, innovative solutions, industry insight and most modern tools and technology. An array of objectives of the marketing research has been considered to generate this best market research report.
Global Protective Coatings Market is expected to rise from its initial estimated value of USD 15.81 billion in 2018, to a projected value of USD 25.54 billion by 2026, registering a CAGR of 6.18% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing need for easily applicable products and innovative and effective product offerings.
Market Definition: Global Protective Coatings Market
Protective coatings are layering materials applied on various substrate surfaces so that the substrates can be prevented from corrosion and various harmful factors such as corrosion, water resistance, fungal, and various other factors. They are usually applied as an addition to the surfaces and bring more of a functional characteristic instead of an aesthetic appeal
Major Market Drivers:
- Rise in the levels of urbanization and industrialization which has resulted in the construction and establishment of various buildings; this factor is expected to act as a driver for the market growth
- Product innovations and advancements resulting in new product launches; this factor is expected to act as a driver for the market growth
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Major Key players profiled in this report are:
Wacker Chemie AG; PPG Industries, Inc.; Akzo Nobel N.V.; The Sherwin-Williams Company; Arkema; Sika AG; RPM International Inc.; Axalta Coating Systems, LLC; HEMPEL A/S; BASF SE; Beckers Group; Induron Protective Coatings; H.B. Fuller Company; Jotun; Kansai Paint Co.,Ltd. and Nippon Paint Holdings Co., Ltd.
Segmentation: Global Protective Coatings Market
- By Resin
- Vinyl Esters
- By Formulation
- By End-User
- Oil & Gas
- Infrastructure & Construction
- By Geography
- North America
- South America
- Rest of South America
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Data Bridge Market Research