Protective Coatings Market Estimated to Grow at a CAGR of 4.0% by 2021

Protective Coatings Market by Resin type (Epoxy, Alkyd, Acrylic, Polyurethane), Formulation (Solvent-borne, Water-borne, and Powder), Enduse industry (Industrial, Oil & gas, Marine, Automotive, Mining) and Region Global Forecast to 2021 By MarketsandMarkets Published: Aug-2016 Single User : US $5650 Corporate User : US $8150

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Protective Coatings Market: Global Forecasts to 2021 “Protective coatings market projected to witness CAGR of 4.0%” The protective coatings market size is estimated to reach USD 21.47 billion by 2021, registering a CAGR of 4.0% between 2016 and 2021. Excellent adhesion and resistance to abrasion, impact, and chemical are the key properties of protective coatings, which make it the preferred material for various applications.

“Polyesters—the fastest-growing type of protective coatings” The polyester protective coatings segment is estimated to witness the highest growth in the overall protective coatings market. The rising demands for protective coatings with excellent chemical and corrosion resistant properties drive the market for this segment. Polyester protective coatings are used in the marine industry, as it offers exceptional chemical, salt, and abrasion resistance. Polyester protective coatings offer good dielectric properties with excellent humidity and are cost-effective.

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Protective Coatings Market: Global Forecasts to 2021 “Rising demand in Asia-Pacific—the major growth driver of the global protective coatings market“ In 2015, Asia-Pacific dominated the protective coatings market due to rapid growth of infrastructure & construction and automotive industries. The Asia-Pacific region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China and India. China is the largest market for protective coatings globally with major demand from the infrastructure & construction and marine industries. Growing innovation & development and rising demand in the industrial sector for novel and improved products are directly affecting the rise in the use of protective coatings. High growth and innovation, along with industry consolidations, are expected to lead to a The break-up of primary interviews is given below.  By Company Type - Tier 1 – 37%, Tier 2 – 50%, and Others – 13%  By Designation - C level – 50%, Director level – 31%, and Others – 19%  By Region - North America – 31%, Europe – 38%, Asia-Pacific – 25%, and RoW- 6%

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Protective Coatings Market: Global Forecasts to 2021

The key companies profiled in this market research report are PPG Industries (U.S.), RPM International (U.S.), Axalta Coatings Systems (U.S.), The Sherwin-Williams Company Limited (U.S.), AkzoNobel NV (Netherlands), Arkema SA (France) Valspar (U.S.), Wacker Chemie AG (Germany), Sika AG (Switzerland), and Hempel A/S (Denmark).

Complete report on Protective Coatings Market spread across 240 pages, profiling 10 companies and supported with 226 tables and 75 figures is now available at http://www.rnrmarketresearch.com/protective-coatings-market-by-resin-type-alkydacrylic-epoxy-polyurethane-polyester-others-by-technology-solvent-borne-water-bornepowder-others-by-application-construction-oil-ga-market-report.html

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Protective Coatings Market: Global Forecasts to 2021 Table of Contents: 1 Introduction 2 Research Methodology 3 Executive Summary

7 Protective Coatings Market, By Resin Type 8 Protective Coatings Market, By End-Use Industry 9 Protective Coatings Market, By Formulation

4 Premium Insights 5 Market Overview 6 Industry Trends

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Protective Coatings Market: Global Forecasts to 2021 For more details contact Mr. Ritesh Tiwari: sales@rnrmarketresearch.com / +18883915441

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