Protective Coating Market is segmented into Resin Type (Epoxy, Polyester, Polyurethane, Vinyl Ester, Other Resin Types), Technology (Water-borne, Solvent-borne, Powder, Other Technologies), End-user Industry (Oil and Gas, Mining, Power, Infrastructure, Other End-user Industries) geography (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa).

Demand for protective coatings in US will grow 6% annually through 2019. Developments will be driven by transport equipment, electronics, machinery and structural metal applications. Erosion control coatings will remain leading while fire resistant, anti-wear and conformal coatings raise the fastest.
Growth of the aerospace and automotive manufacturing in developing regions is expected to have major impacts on the market growth during the forecast years. Growth of these businesses can be attributed to rising population and increasing disposable incomes and the subsequent rise in car sales and air passenger traffic.

Water-borne coating is another key product segment in the overall business, estimated to witness the maximum revenue growth of nearly 12% during the forecast period. This growth can be recognized to the growing demand from end-use segments for water-based solutions because of their environmental-friendly features.

Asia-Pacific region controlled the global market in 2017. China is projected to hold the largest market share globally, and measured to be the fastest developing country in the Asia-Pacific. Chinese oil and gas sector witnessed a major decline in between 2015 and 2017, because of incline in prices of oil globally. But, it marked great recovery over the past year.

Maximize Market Research has comprehensively analysed Global Protective Coating Market. The driving forces as well as considerable restraints have been explained in depth to attain a balanced scenario. Segment wise market size and market share during the forecast years is duly addressed to portray the probable picture of this exuberant industry. The competitive landscape comprising of key innovators, service providers, market giants as well as niche players is studied and analysed extensively with respect to their strengths, weaknesses as well as value addition prospects. Report presents significant case studies along with the success stories to motivate and guide the like minds. In addition, Report displays current consolidation trends with respect to prominent mergers and acquisitions, consequent Market fragmentation, new trends and dynamics in partnerships, emerging business models. This will enable the reader to comprehend whole Protective Coating Market with utmost ease and clarity.

Browse the Market Data Tables and Figures Spread Through a Comprehensive Research Report and In-Depth TOC on “ Protective Coating Market.”

https://www.maximizemarketresearch.com/market-report/global-protective-coating-market/32616/

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