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Global High Performance Anti-corrosion Coatings Market Growth Estimated at 5.0% during 2017 – 2023
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As per research findings, the global high performance anti-corrosion coatings market is likely to reach US$18.22 bn by 2023, exhibits a consistent growth at 5.0% CAGR between 2017 and 2023. This particular study provides a comprehensive viewpoint of the high performance anti-corrosion coatings market by segmenting it on the basis of factors such as product, end-user and region. Based on product, the prime segments include epoxy coatings, urethane coatings, acrylic coatings and others. Considering the end-user, the concerned market is bifurcated into oil & gas, tanks & pipes, construction, marine, power generation, and others. The regional segmentation talks about current and forecast demand for high performance anti-corrosion coatings in Asia Pacific, North America, Latin America, Europe and Middle East & Africa (MEA). According to report specifics, infrastructural development across emerging economies of Japan, India, China and Singapore are expected to enhance the usage of high performance anti-corrosion coatings in the coming years. Furthermore, the construction and transportation industries active in these countries is also anticipated to behave as a primary driver to swell the market in the Asia Pacific region.
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The final section of the report discourses knowledge about the prime players operating in the high performance anti-corrosion coatings market. Readers can access a detailed competitive outlook which comprises of market share and profiles of chief players such as Akzo Nobel N.V., Chugoku Marine Paints, Ltd., The 3M Company, Hempel A/S, Nippon Paint Co., Ltd., Jotun A/S, The Sherwin-Williams Company and PPG Industries Inc. Overall, this research report is a beneficial data source for new investors who have planned their entry into this interesting market.
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