At A CAGR Of 9.23%, Global Protective Coatings Market Will Expand For The Period From 2016 – 2020

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Protective coatings are generally layered as protective systems, where layers are systematically applied. These systems may be a single coat or can be a combination of multiple layers of same or different generic types. This together forms a coating system consisting of one or more coats, applied in a predetermined order by prescribed methods, and generally involves surface preparation and quality control requirements. Protection is delivered in terms of chemical inertness, endurance to harsh environmental conditions, corrosion, flame resistance, and ultraviolet (UV) light.

Technavios analysts forecast the global protective coatings market to grow at a CAGR of 9.23% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global protective coatings market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of protective coatings in oil and gas, infrastructure, automotive, aerospace, and other end-user applications in key regions by considering 2015 as the base year.

The market is divided into the following segments based on geography:

Technavio’s report, Global Protective Coatings Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

PPG Industries
Axalta Coating Systems

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Other prominent vendors
Wacker Chemie

Market driver

Coatings specific for fuel efficient automobiles
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Market challenge
Introduction of novel coating technologies
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Market trend

Introduction of fluoropolymer topcoats
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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