Protective Coatings Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Protective coatings market is expected to witness growth owing to increased concerns towards thermal stability, durability, fire and corrosion resistance in oil & gas, construction, manufacturing and automotive industry. Gaining popularity of water borne and eco-friendly coatings is expected to have a positive impact on market growth. European Commission’s Paints Directive 2004/42/EC for limiting VOC emission, is expected to play an important role in promoting eco-friendly products demand such as powder coatings over the forecast period.