Академический Документы
Профессиональный Документы
Культура Документы
The protective coating is a covering that is applied over a surface to ensure protection from
external environment that could damage the function or integrity of an item or part.
Protective coatings find application in consumer products as well as in heavy machinery,
marine, automotive and oil & gas industry, etc. Protective coatings are generally classified
by their basic resin type, such as epoxy, alkyd, acrylic, or polyurethane. However, different
blends of resin, pigments, solvents, and additives result in different serviceability and
properties of protective coatings.
Growing demand for new infrastructure in developing economies and increased investments
to upgrade aging infrastructure in developed economies are expected to emerge as major
factors driving the growth of protective coatings market during the forecast period.
Innovations in product and technology focused on eco-friendly and cost-efficient solutions
and increasing adoption of water-borne protective coatings due to stringent environmental
regulations are other factors expected to fuel the growth of the market over the forecast
period. However, stringent government regulations focusing on reduced VOC emissions,
availability of substitutes at cheaper costs and volatility of raw material costs are projected
to impede the growth of the global protective coatings market during the forecast period.
Global protective coatings consumption is expected to increase from 5,657 kilotons by 2016
end to 8,509 kilotons by 2022, increasing at a CAGR of 7.0% during the forecast period.
In terms of market value, Asia-Pacific is expected to dominate the global protective coatings
market over the forecast period, with North America being the second largest market,
accounting for revenue share of 23.4% of the global estimated market value by 2016 end.
Asia Pacific protective coatings market is slated to expand at the highest CAGR of around
11.8% in terms of value during the forecast period.
Request Sample Report: http://www.persistencemarketresearch.com/samples/3082
Akzo Nobel N.V., PPG Industries Inc., The Sherwin-Williams Company, Hempel Group, The
Valspar Corporation and Jotun are the leading players in the global protective coatings
market. Other players include Sika AG, Kansai Paints Co. Ltd, and Wacker Chemie AG.
By Technology
Solvent-borne
Water-borne
Powder
Others
By Resin Type
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
By Application
Infrastructure
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Power
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Mining
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
By Regions
Asia Pacific
Europe
North America
Latin America
Market History:
The protective coating is a covering that is applied over a surface to ensure protection from
external environment that could damage the function or integrity of an item or part.
Protective coatings find application in consumer products as well as in heavy machinery,
marine, automotive and oil & gas industry, etc. Protective coatings are generally classified
by their basic resin types such as epoxy, alkyd, acrylic, or polyurethane. Epoxy resins
segment account for a dominant share of the protective coatings market. However, various
blends of resin, pigments, solvents, and additives result in different serviceability and
properties of protective coatings.
The global protective coatings market is expected to expand at a CAGR of 9.0% in terms of
value over the forecast period (20162022), to reach market value of US$ 23.2 Bn by 2022.
Persistence Market Research, in its latest report titled Protective Coatings Market: Global
Industry Analysis and Forecast, 20162022, has segmented the global protective coatings
Amongst the aforementioned regions, Asia Pacific protective coatings market is expected to
expand at the highest CAGR of 9.4%, in terms of volume during the forecast period. The
market in the region is expected to account for 41.6% share of the global protective coatings
market volume by 2016 end. In terms of market volume, Europe market is expected to
depict slow growth during the forecast period. It is slated to account for a value share of
21.3% by the end of 2016. Revenue contribution of Latin America and the Middle East &
Africa to the global protective coatings market is expected to increase significantly at CAGRs
of 9.3% and 8.4% respectively, over the forecast period.
About Us:
Contact Us:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com