Industrial Coatings market is expected to grow at 3.9% CAGR during 2016-2022


Posted December 13, 2019 by healthcaresector

Industrial Coatings Market Research Report - Global Forecast till 2025 : Market Research Future (MRFR) recognizes the following companies as the key players in the global Industrial Coatings market

 
Industrial Coatings Market Research Report - Global Forecast till 2025 : Market Research Future (MRFR) recognizes the following companies as the key players in the global Industrial Coatings market: AkzoNobel N.V, BASF SE, PPG Industries Inc., Valspar (U.S.), Sherwin-Williams Co. Ltd, DuPont Co, NOROO Paints & Coatings, Asian Paints, Burke Industrial Coatings, Industrial Nanotech, Inc. and others.

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “The market for industrial coatings is growing rapidly due to rise in demand from end user industries such as construction, automobile, medical & health care, marine and oil & gas.  Suppliers from industrial coating market are looking for innovation and are focusing more on eco-friendly products. Hence, with enhanced characteristics such as more service life, corrosion resistance and technology innovation focused on bio-based products will boost the industrial coatings market in the coming years. Increasing demand for durable industrial coatings which are technologically advanced will drive the industrial coatings market in the forecasted period.

Industrial Coatings Market Research Report: Information by Resin (Polyurethane, Acrylic, Alkyd, Epoxy, Polyester, Fluoropolymers and Others), Type (Solvent, High Solids, Powder and Water), End-Use Industry (Automotive OEM, Construction, General Industrial, Marine, Aerospace, Wood, Packaging and Others) and Region (Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa)—Forecast till 2025

Industrial coatings are special coatings which are used for preventing the material from corrosion, fire along with these providing aesthetic features.  Industrial coatings enhance the product shelf life leading to low replacement cost thus benefiting manufacturers. Hence, it is highly preferable in end user industries.

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Last Updated December 13, 2019