Press release
Global Protective Coatings Market Will Attain US$ 23.2 Billion by 2022
The global protective coatings market is estimated to be valued at US$ 13.8 Bn by 2016 end, and is expected to increase at a CAGR of 9.0% during 2016-2022.Request to view Table of Content @ http://www.persistencemarketresearch.com/samples/3082
The 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.
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 the growth of protective coatings market during the forecast period. 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 coatings consumption is expected to increase from 5,657 kilotons by 2016 end to 8,509 kilotons by 2022, increasing at a CAGR of 7.0% during the forecast period.
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 revenue share of 23.4% of the global estimated market value by 2016 end. Asia Pacific protective coatings market is slated to expand at the highest CAGR of around 11.8% in terms of value during the forecast period.
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 of 9.4% during the forecast period. On the basis of application, infrastructure segment is expected to dominate the market, accounting for a revenue share of 22.2% by 2016. Commercial real estate and industrial plants & facilities segments are expected to witness CAGRs of 8.0% and 7.7% in terms of consumption during the forecast period.
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/market-research/protective-coatings-market/toc
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.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3082
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
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 Global Protective Coatings Market Will Attain US$ 23.2 Billion by 2022 here
News-ID: 546889 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Protective
UPF Sun Protective Clothing Market Is Booming Worldwide | Coolibar Sun Protectiv …
UPF Sun Protective Clothing Market Analysis - 2025-2032:
Coherent Market Insights has released a new report titled "UPF Sun Protective Clothing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the UPF Sun Protective Clothing Market industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market.
This…
Protective Face Mask Market Report 2024 - Protective Face Mask Market Size And T …
"The Business Research Company recently released a comprehensive report on the Global Protective Face Mask Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
Personal Protective Equipment Market Size, Share | Personal Protective Equipment …
Global Personal Protective Equipment Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global Personal Protective Equipment Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization,…
Protective Cultures Market
Increasing demand for natural preservative-free products across the globe is driving the need for protective cultures market. Furthermore, the growing demand for perishable products with extended shelf life worldwide is also projected to influence the protective cultures market significantly. Moreover, increasing concerns for food wastage is also projected to have a robust impact on the protective cultures market. Increasing awareness about green food labels among consumers is also expected to…
Global Protective Footwear Market
Global Protective Footwear Market
https://www.qandqmarketresearch.com/reports/protective-footwear-market-82
This report studies the global market size of Protective Footwear in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Protective Footwear in these regions.
This research report categorizes the global Protective Footwear market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future…
Personal Protective Equipment Market: Protective Clothing and Industrial Awarene …
Personal protective equipment are used by employees and workers from various core manufacturing industries and factories such as construction, automotive, and chemicals among others. PPE are provided to workers to protect them various unknown and known hazards which comes in various forms such as, falling objects, sharp edges, flying sparks, noise, chemicals and many other potentially perilous situations. According to Occupational Safety and Health Administration (OSHA), in North America, the…