Press release
Global Sol-Gel Coatings Industry | Evolution from Conventional Technologies to Eco-Friendly Coatings Signifies Massive Potential for Market Spread | PPG Industries, Inc, The Sherwin-Williams Company
Sol-Gel Coatings Industry Overview:Goal to offer most segmented consumption and sales data of several types of Sol-Gel Coatings Market, downstream consumption fields, and competitive landscape in numerous regions and countries around the globe, this report studies the latest upcoming market data from the primary and secondary authoritative foundation.
The increasing demand for eco-friendly coatings such as water-based coatings and nanostructured thin films is pegged to be a key factor driving market growth. In light of this, the supply of organic and hybrid coating variants is expected to remain strong in coming years. Tremendous technological advancements in aerospace and automotive industries have paved way for the extensive use of sol-gel coatings such as IR and UV energy resistant, corrosion-resistant, and self-cleaning coatings. Increasing research & development activities and innovations such as Nano-coatings are expected to further provide impetus to market growth in years to come.
The report also suggests the latest market dynamics, such as key driving factors, key restraining factors, and industry news such as mergers, acquisitions, and investments. It provides market size (value and volume), industry share, market growth rate by types, applications, end-user and combines both qualitative and quantitative techniques to make micro and macro predictions in numerous regions or countries in the world.
The global sol-gel coating market was valued at USD 2102 million in 2018 and is expected to reach USD 4925 million by 2026, with an anticipated CAGR of 11.23% during the forecast period, 2019–2026.
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Drivers of Sol-Gel Coatings Market Reports:
Rising little and medium enterprises can accelerate market growth within the forecast period.
Increasing demand for consistent application performance will drive market growth.
Rapid development within internet traffic is another issue boosting this market growth.
Sol-Gel Coatings Market Major Prominent Players:
PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Ferro Corporation (U.S.), Premium Coatings and Chemicals Pvt Ltd (India), Akzo Nobel N.V. (Netherlands), 3M (U.S.), Axalta Coatings Systems, LLC (U.S.), Euroglas Gmbh (Germany), NanoTech Coatings (U.S.), Henkel AG & Co. (Germany), Covestro AGO (Germany), Arkema SA (France), CCM GmbH (Germany), OPTICOTE, Inc. (U.S.), and Nano Care Deutschland AG (Germany).
The report emphasizes the top key vendors in terms of top brands, worldwide region, type, end-user, profiles, product analysis, sales, price, revenue, and gross margin in the future.
Market Chains:
Availability of restricted information measure suppliers can restrain the industry growth.
Complexity related to the network will limit the development of this market.
The high value of the appliance delivery controller will hamper the market growth.
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Market Segmentation:
This report estimates revenue growth at global, regional, and country levels and offers an analysis of the latest industry trends and business growth factors in each of the sub-segments from 2017 to 2029. For this study, Straits Research has segmented the global Sol-Gel Coatings market report based on product, distribution channel, application, and region:
By Product Type: Corrosion Resistant, Water Resistant, Wear Resistant, Photocatalytic Self-Cleaning Energy Resistant, Others
By Application: Automotive Glass, Construction, Mobile device screens, Marine, Solar Panels, Metallic Coatings, Others
By End-Use Industry: Automotive, Aerospace, Building and Construction, Electrical and Electronics, Medical and Healthcare, Others
Report Includes:
An overview of the top Sol-Gel Coatings companies and detailed description of their main business segments, products, financial performance, and developments & strategies.
Analyses of Sol-Gel Coatings Market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2029.
Information on types of Sol-Gel Coatings Market tasks and identification of their capabilities with the greatest commercial potential.
Analysis of the key drivers and constraints that will shape the market in the future.
Coverage of segmental and regional performance, technology advancements, and awards & recognitions of these top companies.
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