Press release
The next 10 years to witness derivation of the Protective Coatings Market at a CAGR of 7% between 2021 and 2031
The global protective coatings market is estimated to be valued at around US$ 55 Bn by 2031-end, increasing at a robust CAGR of more than 7% over the next ten years. At present, industry revenue is estimated to be worth approximately US$ 27.6 Bn. A protective coating is a covering that is applied over a surface to ensure protection from external environment that could damage the function or integrity of an item or part. Protective coatings find application in consumer products as well as in heavy machinery, marine, automotive and oil & gas industry, etc. Protective coatings are generally classified by their basic resin type, such as epoxy, alkyd, acrylic, or polyurethane. However, different blends of resin, pigments, solvents, and additives result in different serviceability and properties of protective coatings.To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/3082
protective-coatings-market
Growing demand for new infrastructure in developing economies and increased investments to upgrade aging infrastructure in developed economies are expected to emerge as major factors driving demand for protective coatings over the coming years.
Innovations in product and technology focused on eco-friendly and cost-efficient solutions and increasing adoption of water-borne protective coatings due to stringent environmental regulations are other factors expected to fuel the growth of the market over the forecast period. However, stringent government regulations focusing on reduced VOC emissions, availability of substitutes at cheaper costs, and volatility of raw material costs are projected to impede the growth of the global protective coatings market during the forecast period. Global protective coating consumption is expected to increase at a CAGR of 6.8% in terms of volume over the next ten years.
In terms of market value, Asia Pacific is expected to dominate the global protective coatings market over the forecast period, with North America being the second largest market, accounting for nearly 2/10 revenue share of the global estimated market value by 2021-end. Asia Pacific protective coatings market is slated to expand at the highest CAGR in terms of value over the forecast period.
To connect with our sales representative@ sales@persistencemarketresearch.com
On the basis of technology, the water-borne segment is expected to expand at the fastest value CAGR during the forecast period. The growth of this segment is primarily driven by increased adoption of water-borne protective coatings over solvent-borne due to the stringent environmental regulation limiting VOC emissions.
On the basis of resin type, revenue contribution of the epoxy segment is expected increase at the highest CAGR during the forecast period. On the basis of application, infrastructure segment is expected to dominate the market, accounting for 2/10 revenue share by 2031.
For critical insights, request for methodology @ https://www.persistencemarketresearch.com/methodology/3082
Akzo Nobel N.V., PPG Industries Inc., The Sherwin-Williams Company, Hempel Group, The Valspar Corporation and Jotun are the leading players in the global protective coatings market. Other players include Sika AG, Kansai Paints Co. Ltd, and Wacker Chemie AG.
Market Segmentation:
By Technology
Solvent-borne
Water-borne
Powder
Others
By Resin Type
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
By Application
Infrastructure
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Commercial Real Estate
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Industrial Plants and Facilities
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Oil & Gas
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Power
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
Mining
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
By Region
Asia Pacific
Europe
North America
Latin America
The Middle East & Africa
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/3082
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/protective-coatings-market.asp
Read More Trending "PMR Exclusive Article"-
Insulation Paints And Coatings Market@ https://www.persistencemarketresearch.com/market-research/insulation-paints-and-coatings-market.asp
Printing Inks Market@ https://www.persistencemarketresearch.com/market-research/printing-inks-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us-
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The next 10 years to witness derivation of the Protective Coatings Market at a CAGR of 7% between 2021 and 2031 here
News-ID: 2574969 • Views: …
More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…

Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…

Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…

Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for Epoxy
305 Epic Epoxy Expands Premium Flooring Services in Miami with Sustainable Epoxy …
Miami-based 305 Epic Epoxy, managed by Juan Morales, announces an expansion of its custom epoxy flooring services for homes and businesses. With a focus on durability, aesthetic innovation, and environmentally conscious practices, the company sets a new standard for flooring solutions across South Florida.
305 Epic Epoxy, a Miami-based specialist in epoxy flooring, has announced the expansion of its flooring services designed for both residential and commercial spaces. Led by Manager…
Epic Epoxy Redefines Flooring Solutions in Miami with Premium Epoxy Coatings
305 Epic Epoxy, under the management of Juan Morales, is making waves in Miami's construction and home improvement sectors by delivering top-tier epoxy flooring solutions. Specializing in residential, commercial, and industrial applications, the company's durable and aesthetically pleasing coatings are setting new benchmarks in quality and design.
Miami, FL - 305 Epic Epoxy, a leading provider of epoxy flooring solutions, is redefining durability and design in the South Florida region. Managed…
Palmetto Epoxy Floors Elevates Residential Spaces with Durable Epoxy Flooring in …
Image: https://www.abnewswire.com/uploads/68ca1972d6dda34e11f9c7e015cc6bbe.png
Charleston, SC - Homeowners are turning to Palmetto Epoxy Floors for innovative and durable residential epoxy flooring solutions in Charleston [https://palmettoepoxyfloors.com/]. As a trusted provider of premium epoxy floors,
Palmetto Epoxy Floors specializes in creating sleek, long-lasting surfaces that enhance the beauty and functionality of homes throughout the region.
Epoxy flooring has become a popular choice for residential spaces due to its durability, ease of maintenance, and aesthetic appeal. Palmetto Epoxy…
Palmetto Epoxy Floors: Leading Provider of High-Quality Epoxy Floors in Charlest …
Image: https://www.abnewswire.com/uploads/e9cc7c8fedd2b98eba6259dbca53f64c.jpg
Charleston, SC - Palmetto Epoxy Floors, a premier flooring company based in Charleston [https://palmettoepoxyfloors.com/], South Carolina, is excited to announce its commitment to providing top-tier epoxy flooring solutions for residential and commercial properties throughout the Charleston area and nearby cities. With a focus on durability, aesthetics, and customer satisfaction.
Specializing in epoxy floors, the company offers a wide range of options designed to meet the unique needs and preferences of…
Transform Home with Innovative Epoxy Flooring Solutions by Palmetto Epoxy Floors
Image: https://www.abnewswire.com/uploads/06e13114f3a54eb6b6874e2cc4486f3e.png
Summerville, SC - Palmetto Epoxy Floors, a leading epoxy flooring contractor [https://palmettoepoxyfloors.com/] in Wando, is proud to announce the launch of their innovative job placement service tailored specifically for modern homes. This new offering highlights the unique benefits of epoxy flooring [https://palmettoepoxyfloors.com/] for residential properties, emphasizing its durability, aesthetics, and low maintenance.
With over a decade of experience in the industry, Palmetto Epoxy Floors brings unparalleled expertise to every project.…
Rise in Demand for Modified Epoxy Resins Facilitates the Global Epoxy Resins Mar …
According to a new market research report launched by Inkwood Research, the Global Epoxy Resins Market is set to rise with a CAGR of 5.65% from 2022 to 2030 and is expected to generate a revenue of $12.43 billion by 2030.
Browse 55 Market Data Tables and 47 Figures spread over 237 Pages, along with in-depth analysis on the Global Epoxy Resins Market by Raw Material, Component, Application & by Geography.…