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Protective Coating Resins Market Overview by Epoxy, Alkyd, Acrylic and Polyurethane to 2024 – Sectors Like Oil & Gas, Aerospace, Industrial and Marine Demands the Most
Protective Coating Resins Market
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The global Protective Coating Resins market will reach xxx Million USD in 2019 and CAGR xx% 2019-2024. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Protective Coating Resins by product, region and application.
The tremendous growth in the demand for protective coating resins from the construction and infrastructure industries fuels the growth of the global protective coating resins market. Rising need for longer life of devices and efficient processes expects to encourage the growth of the market.
The global protective coating resins market is classified based on the end-use industry, resin type, and formulation. The end-use industry segment is fragmented into automotive, oil & gas, mining, industrial, infrastructure & construction, marine, power generation, aerospace, and others. The industrial end-use industry segment accounted for the largest market share due to rising need for protection of the machinery and equipment from harsh environmental conditions.
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The growing popularity of various types of protective coating resins such as alkyd, acrylics, epoxy, polyurethane, and polyester in various end-use applications plays a significant role in driving the market. Epoxy protective coating resins accounted for the maximum share, in terms of value, of the overall market due to its excellent customizability and easy to apply & remove properties.
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
- Infrastructure & Construction
- Oil & Gas
- Aerospace
- Industrial
- Marine
- Automotive
- Power Generation
- Mining
Protective coating resins Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.): are PPG Industries, Akzonobel, Sherwin-Williams, Arkema, Wacker Chemie, Sika, RPM International, Valspar, Axalta Coating Systems, Hempel.
More Information on Global Protective Coating Resins Market Analysis 2013-2018 and Forecast 2019-2024 Now at http://www.rnrmarketresearch.com/contacts/purchase?rname=2188671 .
Reason-wise the protective coating resins market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia Pacific holds the largest market share in the global protective coating resins market due to the high demand for protective coating resins.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia etc.)
- South America (Brazil, Argentina etc.)
- Middle East & Africa (Saudi Arabia, South Africa etc.)
Stable economic conditions in emerging nations and growing demand across diverse industries such as marine, oil and gas, automotive, construction and infrastructure, and others anticipate fostering the market growth in Asia Pacific region. China is the major contributor in the global market owing to the presence of a large number of manufacturing units.
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