Data Bridge Market Research has provides the Qualitative and
informative knowledge by adding titled “Protective
Coatings Market By Resin (Acrylic, Epoxy, Polyester, Polyurethane,
Alkyd, Vinyl Esters, Others), Formulation (Powder-Based, UV-Cured, Water-Borne,
Solvent-Borne), End-User (Oil & Gas, Automotive, Infrastructure &
Construction, Aerospace, Marine, Industrial, Mining, Power Generation, Others),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and
Africa)”. In this report, Researchers have analyzed Strength, Weakness,
opportunities and threats in the market and provides the unbiased picture of
the market with the Qualitative and informative knowledge. The Protective
Coatings Market report additionally states import/trade utilization, free
market activity figures, cost, value, volume and gross edges.
Few of the leading organizations’ names are listed here- Wacker Chemie AG; PPG Industries, Inc.; Akzo Nobel N.V.; The
Sherwin-Williams Company; Arkema; Sika AG; RPM International Inc.; Axalta
Coating Systems, LLC; HEMPEL A/S; BASF SE; Beckers Group; Induron Protective
Coatings; H.B. Fuller Company; Jotun; Kansai Paint Co.,Ltd. and Nippon Paint
Holdings Co.
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Segmentation: Global
Protective Coatings Market
Global Protective Coatings Market By Resin (Acrylic, Epoxy,
Polyester, Polyurethane, Alkyd, Vinyl Esters, Others)
Formulation (Powder-Based, UV-Cured, Water-Borne,
Solvent-Borne)
End-User (Oil & Gas, Automotive, Infrastructure &
Construction, Aerospace, Marine, Industrial, Mining, Power Generation, Others)
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in
the Market:
·
In October 2018, Axalta Coating Systems, LLC
announced the launch of “Corroless”, a brand new product portfolio focused on
the demand of corrosion and chemical resistant coatings solutions from the
industrial market. The new portfolio consist a number of different materials
that are focused on the prevention of chemicals harms and corrosion effects on
the substrates they are applied to.
·
In August 2017, Induron Protective Coatings
announced the launch of “Indurethane Monarch HS”. The product formulated from
the latest urethane technology and is compatible with a number of spraying
equipments. The product available in a variety of colour is evidence of the
company expanding beyond its existing product offerings.
·
In December 2016, Akzo Nobel N.V. announced that
they had completed the acquisition of BASF SE’s industrial coatings business
division. This acquisition will help Akzo Nobel N.V. in better servicing and
providing customised solutions to the various industrial applications.
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Market Drivers:
·
Rise in the levels of urbanization and
industrialization which has resulted in the construction and establishment of
various buildings; this factor is expected to act as a driver for the market
growth
·
Product innovations and advancements resulting
in new product launches; this factor is expected to act as a driver for the
market growth
Market Restraints:
·
Presence of strict regulations in place for the
emissions caused by the production of these coatings; this factor is expected
to act as a restraint to the market growth
·
High and volatile nature of the cost of raw
materials used in the production of these coatings are expected to restrain the
market growth
Competitive
Analysis:
Global protective coatings market is
highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of protective coatings market for global, Europe,
North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the
report:
·
Complete and distinct analysis of the market
drivers and restraints
·
Key market players involved in this industry
·
Detailed analysis of the market segmentation
·
Competitive analysis of the key players involved
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