Excellent adhesion and resistance to abrasion, impact, and chemical are the key properties of protective coatings, which make it the preferred material for various applications.
Complete report on Protective Coatings Market spread across 240 pages, profiling 10 companies and supported with 226 tables and 75 figures is now available at http://www.rnrmarketresearch.com/protective-coatings-market-by-resin-type-alkyd-acrylic-epoxy-polyurethane-polyester-others-by-technology-solvent-borne-water-borne-powder-others-by-application-construction-oil-ga-market-report.html
The polyester protective coatings segment is estimated to witness the highest growth in the overall protective coatings market. The rising demands for protective coatings with excellent chemical and corrosion resistant properties drive the market for this segment. Polyester protective coatings are used in the marine industry, as it offers exceptional chemical, salt, and abrasion resistance. Polyester protective coatings offer good dielectric properties with excellent humidity and are cost-effective.
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In 2015, Asia-Pacific dominated the protective coatings market due to rapid growth of infrastructure & construction and automotive industries. The Asia-Pacific region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China and India. China is the largest market for protective coatings globally with major demand from the infrastructure & construction and marine industries. Growing innovation & development and rising demand in the industrial sector for novel and improved products are directly affecting the rise in the use of protective coatings. High growth and innovation, along with industry consolidations, are expected to lead to a prospective future for the industry in the region.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (37%); Tier 2 (50%) and others (13%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (50%), Directors Level (31%) and other (19%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (31%), Europe (38%), Asia Pacific (25%) and Row (6%).
The key companies profiled in this market research report are PPG Industries (U.S.), RPM International (U.S.), Axalta Coatings Systems (U.S.), The Sherwin-Williams Company Limited (U.S.), AkzoNobel NV (Netherlands), Arkema SA (France) Valspar (U.S.), Wacker Chemie AG (Germany), Sika AG (Switzerland), and Hempel A/S (Denmark).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Plastic Coatings Market by Type (Polyurethane, Acrylic, Epoxy), Process (Electrophoretic Painting, Powder Coating, Dip Coating), End-Use Industry (Automotive, Aerospace & Defense, Building & Construction) and by Region — Global Forecast to 2021. The plastic coatings market is projected to reach USD 7.76 billion by 2021, at a CAGR of 5.5% from 2016 to 2021. Now available at http://www.rnrmarketresearch.com/plastic-coatings-market-by-type-polyurethane-acrylic-epoxy-process-electrophoretic-painting-powder-coating-dip-coating-end-use-industry-automotive-aerospace-defense-building-construction-and-by-reg-st-to-2021-market-report.html
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