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Protective Coating Market is Accelerated by Healthy CAGR | Key Players: Akzo Nobel, Nippon Paint Holdings, PPG Industries among Others

02-26-2020 08:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Protective Coating Market

Protective Coating Market

A recent report published by QMI on protective coating market is a detailed assessment of the most important market dynamics. After carrying out thorough research of protective coating market, historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for protective coating during the forecast period. It can enable manufacturers of protective coating to change their production and marketing strategies in order to envisage maximum growth.
The Protective Coating Market is expected to promise high growth owing to the rising demand for high operational efficiency in key application verticals in recent years. Increasing demand from end-Use Industries oil & gas, building & construction, automotive, marine, industrial, aerospace, others are expected to drive the growth of the market.

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Understanding the chemistry and uses of protective coatings-

A protective coating is a layer of material applied to the surface of another material to avoid corrosion. It may be metallic or non-metallic. Besides corrosion prevention, protective coatings are applied using a variety of methods and can be used for many other purposes.

Water-borne coatings depend on emulsifying the fastener, colors, and added substances with water. Solvent-borne coatings are made up of liquefying materials that are meant to evaporate through a chemical reaction with oxygen.

Growth of the protective coatings market is influenced by factors such as increasing demand for better and improved infrastructure for developed economies, new infrastructure for developing economies, a rising amount of investments in order to improve the infrastructure. Increasing awareness and demand regarding cost-efficient and eco-friendly solutions are a few more factors responsible for fueling the growth of the market.

Important Factors Impacting Market Growth:

o Rising demand for high operational efficiency in key application verticals

o Developing application in paper and mash industry due to the nearness of destructive and acidic climate in the plant

o Extension in erosion counteractive action of the vehicle body and other metal segments

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Insights about regional distribution of market
Based on region, the protective coating market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. These regions have been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries.

The Asia Pacific and the Middle East are expected to register substantial growth in the protective coating market during the forecast period. This demand is with regard to the growth of major end-use industries such as oil & gas, building & construction, automotive, marine, industrial, aerospace, others.

Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for the protective coating market. There have been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the protective coating market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Get ToC for the overview of the premium report: https://www.quincemarketinsights.com/request-toc-33033?utm_source=hp&utm_medium=Open%20Pr&utm_campaign=hp

Companies Covered: Akzo Nobel, KANSAI PAINT, Covestro, The Sherwin-Williams, Nippon Paint Holdings, and PPG Industries...

Market Segmentation:

By Resin Type:
o Acrylic
o Epoxy
o Polyurethane
o Alkyd
o Polyesters
o Others

By Formulation:
o Powder-Borne
o Water-Borne
o Solvent-Borne
o Others

By End User:
o Oil & Gas
o Building & Construction
o Automotive
o Marine
o Industrial
o Aerospace
o Others

By Region:
North America
o By Country (US, Canada, Mexico, Rest of North America)
o By End User
o By Resin Type
o By Formulation

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By End User
o By Resin Type
o By Formulation

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By End User
o By Resin Type
o By Formulation

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By End User
o By Resin Type
o By Formulation

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By End User
o By Resin Type
o By Formulation

Rest of the World
o By Region (South America, Africa)
o By End User
o By Resin Type
o By Formulation

Reasons To Buy This Report:

o Market size estimation of the protective coating market on a regional and global basis

o The unique research design for market size estimation and forecast

o Profiling of major companies operating in the market with key developments

o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet
specific requirements:

o By Segment
o By Sub-segment
o By Region/Country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 / UK +44 121 364 6144 / APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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