Press release
Protective Coatings Market By Segmentations, Key Company Profiles and Demand Forecasts to 2027
The protective coating is applied to the surface in order to provide protection from harsh environmental conditions that could cause damage. They are widely used across various applications such as electronics products, marine, automotive heavy machinery, power generation, and oil & gas industry, etc. On the basis of resin type, the market is classified into epoxy, polyurethane, acrylic, polyester, and alkyd.The protective coating is applied to the surface in order to provide protection from harsh environmental conditions that could cause damage. They are widely used across various applications such as electronics products, marine, automotive heavy machinery, power generation, and oil & gas industry, etc. On the basis of resin type, the market is classified into epoxy, polyurethane, acrylic, polyester, and alkyd.
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Growth in the paints and coating industry is projected to foster the market growth of the protective coatings. The paints &coatings market is growing on the account of rise in the various manufacturing industries and construction industry. Moreover, rapid urbanization coupled with the development of the rural markets is further anticipated to fuel the market growth of the paints &coatings industry which in turn is fueling the market growth of protective coatings.
Detailed Segmentation:
Global Protective Coatings Market, By Technology:
Solvent-borne Coatings
Water-borne Coatings
Powder Coatings
Others
Global Protective Coatings Market, By Application:
Infrastructure
Commercial Real Estate
Industrial Plants and Facilities
Oil & Gas
Power
Mining
Global Protective Coatings Market, By Resin Type:
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
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Key companies covered as a part of this study include Akzo Nobel N.V., The Valspar Corporation, PPG Industries Inc, Arkema Group, Kansai Paint Co. Ltd, The Sherwin-Williams Company, Sika AG, Wacker Chemie AG, Hempel A/S, and Jotun
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