Press release
Industrial Coating Market projected to reach USD 24.2 billion by 2023
Industrial Coating are used for a multiple applications across industries for a range of advantages it offers. Primarily for protecting the substances from various types of corrosion. Specifically to prevent concrete or steel from corroding and to make these materials more fire resistant. Industrial Coatings are extensively used in industries like automotive, building & construction, marine, O&G, medical & healthcare. Government legislation regarding Volatile Organic Compound (VOC) content has augmented the demand for innovative and bio based coatings that can offer increased service life & improve corrosion resistance. This demand from the end user industries have prompted the manufacturers to develop environmentally sustainable Industrial Coating which offer similar coating properties compared to established systems. These factors are fueling the market growth of Industrial Coating globally allowing market to garner phenomenal prominence.
Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, Industrial Coating market is expected grow to USD 31.4 billion by 2022, registering 3.9 % of a CAGR during the anticipated period (2016 – 2022). In 2016, the market was valued to be USD 24.2 billion.
Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/2136
Industry/ Innovation/Related News:
January 18, 2018 - Adaptive Surface Technologies, Inc. (UK) a global provider of line of industrial coatings announced the product launch of SLIPS® Repel. Designed for large industrial liquid containers, SLIPS®Repel coatings create a slippery, self-healing liquid layer on surfaces to allow sticky materials to easily flow through industrial production systems with virtually no residue left behind.
January 16, 2018 - Axalta Coating Systems (US) global provider of Industrial coatings providing with innovative, colorful, beautiful and sustainable solutions for automotive OEM announced the launch of two new apps and a new feature to an existing app that are designed to help customers complete tasks more quickly and accurately. Some more features of Axalta Apps include ‘General Industrial Product System Selector App’ analyses user inputs to recommend best coatings solution, ‘China OEM and Refinish Digital Color App’ boosts productivity with on-demand library of more than four million color formulas, snap a picture, and get a color match with the north America ‘Industrial Color Matching App’ for liquid and powder coatings
Key Players
The key players of global industrial coatings market are 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.
Access Report Details @ https://www.marketresearchfuture.com/reports/industrial-coatings-market-2136
Regional Analysis
Geographically, Asia-Pacific region accounts for largest market share owing to rapid industrialization, increase in demand from end user industries like automobile and construction along with government initiatives to increase FDI will fuel the market growth. China is major revenue generating country due to growing demand of paints & coatings. Europe & North America accounts for second and third market share respectively. Other countries like Indonesia, Thailand, and Brazil are focusing on setting an automotive OEMs to increase trading with other countries.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
WantStats Research and Media Pvt. Ltd.
https://www.marketresearchfuture.com
Pune - 411028
Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Coating Market projected to reach USD 24.2 billion by 2023 here
News-ID: 1052817 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Industrial
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Industrial Auction Services Market Auctioning Industrial Assets By 2030 | Heath …
The Report on "Industrial Auction Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
The industrial auction services market is a diverse and dynamic sector that encompasses a wide range of industries, including manufacturing, construction, automotive, and more. These services are utilized by companies looking to optimize their asset management, streamline operations,…
RDM Industrial Products - Laboratory and Industrial Furniture Supplier
RDM Industrial Products Inc. is one of the most reputed and leading laboratory and industrial furniture solutions supplier and manufacturer. The company was established in 1977 and has been serving their growing clientele proudly for over 40 years. Their quality products cater to industries including healthcare, electronics, biotechnology, laboratory, industrial and more. The company is based out of California and their shipments are done all across the globe. QUALITY-SERVICE-TIMING are…
Industrial Fasteners Market # industrial fasteners and supply # industrial faste …
An insightful study, titled “Global Industrial Fasteners Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). The research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.
Get…
Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Indu …
Researchmoz added Most up-to-date research on "Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Industrial PC, Box Industrial PC And Embedded Industrial PC" to its huge collection of research reports.
Industrial PC is a ruggedized system designed to perform computing applications for various industries. Industrial PC is a PC-based computing podium mainly used for data acquisition or process control, and in some cases, it is…
