Plastic Coating Market: New Business Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2022

Market Highlights
Automotive sector plays a key role in the popularity of plastic coating among the suppliers and dealers across the globe. This type of coating has varied application in the automotive sector along with other strategic sectors of aerospace & defense and construction and petrochemicals. With rapid economic development in the emerging nations of APAC, the demand has increased for automobiles. This change in the trend for the automotive sector has induced the demand for plastic coatings across applications such as seat springs, filter pipes, door handles among many others. The cost efficiency and the properties such as corrosion proof, heat proof, wear proof makes it a preferred coating material over conventional coatings.

The report has analyzed the market based on the various three segments: type, process and application in the regions of North America, Europe, APAC and rest of the world. On the basis of type Polyurethane is expected to show the largest market share by 2022 whereas by process thermoplastic dip coating is expected to attain the largest share along with automotive industry by application. The Global Plastic Coating Market is expected to cross USD 8 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 5% from 2016 to 2022.

Europe will be the largest market
Europe is the largest market for plastic coating and is expected to follow the trend by 2022 by leading the market. The region is seen with heavy investments in the research & development in the coating industry with high consumption of the coating material in various industries. North America is valued as a well-established market and is expected to show steady growth in the forecasted period.

APAC is expected to dominate the market with its fastest growing market for plastic coating. With the industrialization and increasing population in the region, there is a high demand for infrastructure and construction. This augments the market for plastic coating with increased government and non-government investments.

Key Players
The key players of Global Plastic Coating Market report include- Bayer AG, 3M Company, BASF SE, PPG Industries Inc., Eastman Chemical Company, Akzo Nobel N.V., Wacker Chemie AG, Kansai Paints Co Ltd., Axalta Coating Systems, and Valspar Corporation.

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Scope of the report
This study provides an overview of the global Plastic Coating industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global plastic coating market as types, process and application. On the basis of types it is segmented as acrylic, polyurethane, and epoxy. On the basis of process it is segmented as electrophoretic painting, thermoplastic dip coating, powder coating, and others. On the basis of application it is segmented as automotive, construction, aerospace & defense, petrochemical, and others.

Market Research Analysis:
The market is highly application based. Its dependency on the end-use industry has widened over a period of time. With increasing awareness among dealers and suppliers along with rapid increase in disposable income induces the market for high quality coating material.
It is expected that the global plastic coating market will advance with higher growth rate as compared to previous years. The current challenge for the market is fluctuating raw material prices. The increasing disposable income of average consumers in the emerging economies is driving the market of plastic coating along with upcoming government policies to strengthen the infrastructure for the rising population and industrialization, especially in APAC. Polyurethane is the largest market by type and is expected to attain a similar share in global Plastic Coating market by 2022. Furthermore the growth in automotive sector on a global level has fueled the demand from such coating material which is used extensively in automotive sector.

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Table of Content

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model

4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Plastic Coatings Market
5 Industry Overview Of Global Plastic Coatings
Continue……….

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