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downincmi · 3 months
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Anti Corrosion Coatings Market Environmental Regulations
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The anti corrosion coatings market comprises liquid and powder coating compounds that act as protective layers in preventing surfaces from rusting and corrosion caused by environmental factors. Technologies such as epoxy, polyurethane, acrylic and alkyd based coatings are extensively used in oil & gas pipelines, chemical tanks, automotive, marine and infrastructure for their anti corrosive properties.
The Global anti corrosion coatings market is estimated to be valued at US$ 46.90 Bn in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the anti corrosion coatings market are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. BASF being one of the largest producers offers anti corrosion coatings under the MasterProtect and Peran brands. The growing demand from oil & gas industry and infrastructure expansion in emerging nations of Asia Pacific and Middle East Africa are major factors driving growth of anti corrosion coatings market. Government investments and initiatives towards rapid urbanization has increased the requirements of anti corrosion protected structures and assets. The accelerating industrialization and expansion of manufacturing sector worldwide is also augmenting consumption of anti corrosion coatings. Infrastructure projects in sectors such as water pipelines, bridges and commercial buildings need anti corrosive coatings to increase durability and service life of structures. Market Key Trends Environment regulations regarding volatile organic compound (VOC) emissions from coatings are forcing manufacturers to develop low VOC and water based coating technologies. AkzoNobel launched its International brand in 2021 made from renewable raw materials exhibiting 95% lower carbon footprint and 100% recyclable. Major players are investing in R&D to offer sustainable anti corrosion solutions without compromising on performance. Another trend gaining popularity is the thermal spray coatings technology used majorly in oil & gas industry which involves applying protective layers through wire arc and flame spraying methods. This technology provides 10 times thicker coatings vs conventional liquid/powder techniques thereby increasing protection lifespan substantially.
Porter’s Analysis
Threat of new entrants: New entrants face high initial investment costs to achieve economies of scale and gain brand recognition in this market.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and standardized nature of anti-corrosion coatings products.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to the availability of raw material substitute options and presence of many suppliers in the market.
Threat of new substitutes: Threat of new substitutes is low as anti-corrosion coatings have well-established application areas and substitutes face high switching costs.
Competitive rivalry: The market is moderately competitive due to presence of many international players. Geographically, North America holds the largest share of the anti-corrosion coatings market in terms of value, supported by growing oil & gas refineries and robust infrastructure development in the region. Asia Pacific is the fastest growing regional market due to rapid industrialization, infrastructure development and growing water treatment sector in major countries like China and India. Geographical regions where the market is concentrated in terms of value include North America and Western Europe due to early adoption of advanced coating technologies in oil & gas, petrochemicals and infrastructure sectors. The anti-corrosion coatings market in Asia Pacific is the fastest growing regional market supported by increasing investments in water treatment plants, pipelines and oil & gas exploration projects in major economies. Countries like China, India and Southeast Asian nations are expected to drive high demand.
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businessindustry · 3 months
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Sealing Coatings Market Industry Competition Analysis, Revenue and Forecast Till 2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Sealing Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Sealing Coatings Market Trends share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Sealing Coatings Market?
The sealing coatings market size reached US$ 14.9 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 21.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
What are Sealing Coatings?                                                                                                                                                                            
Sealing coatings are substances applied to surfaces to form a protective layer that guards against moisture, chemicals, corrosion, and other environmental factors. They are utilized on various surfaces like concrete, metal, and wood to prevent harm and prolong the lifespan of the substrate. Commonly used in construction, automotive, and industrial sectors, these coatings enhance durability and preserve the aesthetic appeal of surfaces.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1788
What are the growth prospects and trends in the Sealing Coatings industry?
The sealing coatings market growth is driven by various factors. The sealing coatings market is experiencing consistent growth due to rising demand for protective coatings across industries like construction, automotive, and manufacturing. These coatings safeguard surfaces against corrosion, moisture, and environmental damage, boosting the longevity of materials. As technology advances and sustainability gains importance, the sealing coatings market is poised for further expansion, offering a variety of solutions to meet the diverse needs of various industries. Hence, all these factors contribute to sealing coatings market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Resin Type:
Acrylic
Silicone
Polyurethane
Epoxy
Others
Substrate:
Metal
Concrete & Masonry
Wood
Plastic
Others
End-Use Industry:
Building & Construction
Automotive
Industrial
Marine
Aerospace
Electrical & Electronics
Others
Application:
Roofing
Flooring
Walls & Ceilings
Windows & Doors
Tank Linings
Others
Technology:
Water-based
Solvent-based
Radiation-cured
Powder-based
Others
Sales Channel:
Direct Sales
Distributor Sales
Online Sales
Price Range:
Economy
Mid-Range
Premium
Functionality:
Waterproofing
Corrosion Resistance
Thermal Resistance
Chemical Resistance
Others
Curing Type:
Air Cure
Heat Cure
Moisture Cure
Others
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
3M Company
Akzo Nobel N.V.
Axalta Coating Systems
BASF SE
Dow Inc.
Henkel AG & Co. KGaA
Hempel A/S
Jotun Group
Nippon Paint Holdings Co., Ltd.
PPG Industries, Inc.
RPM International Inc.
Sherwin-Williams Company
Sika AG
Tikkurila Oyj
Wacker Chemie AG
View Full Report: https://www.reportsandinsights.com/report/Sealing Coatings-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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adityacmi · 5 months
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Anti-Corrosion Coatings Market: Preserving Aesthetic Appeal Amidst Rust Threats
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Rise of Anti Corrosion Coatings Market As Infrastructure Modernization Gains Pace The anti corrosion coatings market is in trends by increasing infrastructure modernization projects across various industries. Anti corrosion coatings provide protection to materials and infrastructure from oxidation and damage caused by various environmental conditions. These coatings form an invisible shield on metal surfaces, prolonging the life of materials and structures. They find extensive application in oil & gas, marine, power generation and construction industries due to their corrosion resistance and durability properties.
The global anti corrosion coatings market is estimated to be valued at US$ 46.90 billion in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period from 2023 to 2030. Key players operating in the anti corrosion coatings market are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. These companies capture a significant share of the market owing to their broad product portfolio and extensive distribution networks across major countries. The growing demand from infrastructure, oil & gas and construction industries is projected to drive the anti corrosion coatings market substantially over the forecast period. Rapid urbanization and investments in infrastructure development projects especially in Asia Pacific are increasing the demand for anti corrosion protection coatings. The rising offshore and onshore oil & gas activities are further augmenting the consumption of these coatings. Key players operating in the anti corrosion coatings market are expanding their global footprint by enhancing their production capacities and distribution channels across emerging nations. For instance, AkzoNobel strengthened its presence in Latin America by opening three new coating production facilities in Colombia and Brazil in 2022. PPG Industries also acquired specialty material firm Interpon for expanding in the metal pretreatment market. The development of bio-based and environment friendly anti corrosion coating materials is one of the major trends in this market. Leading manufacturers are focusing on introducing bio-derived and low VOC coating solutions using renewable resources in light of stringent environmental regulations. Adoption of nanotechnology to enhance barrier properties and longevity of protective coatings without compromising on renewable content is another prominent trend gaining traction in the market.
Porter's Analysis Threat of new entrants: New entrants in the anti-corrosion coatings market face high manufacturing costs. They also need to establish brand reputation and distribution channels.
Bargaining power of buyers: The high performance requirements for anti-corrosion coatings from industries like oil & gas, marine, infrastructure limit buyer power.
Bargaining power of suppliers: The presence of many raw material suppliers for anti-corrosion coatings restricts supplier bargaining power.
Threat of new substitutes: There are limited new substitutes for anti-corrosion coatings used in various industries currently.
Competitive rivalry: The anti-corrosion coatings market has many international players competing on performance, pricing, and innovation. Geographical regions The North American region accounts for the largest share in the anti-corrosion coatings market currently due to the large oil & gas, construction, and automotive industries. The Asia Pacific region is expected to experience the fastest growth in demand for anti-corrosion coatings during the forecast period owing to increasing investments in infrastructure, marine, and industrial projects in countries such as China, India.
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jayanthitbrc · 5 months
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Exploring the Booming Waterborne Polyurethane Market
Overview and Scope Waterborne polyurethane refers to a polyurethane polymer resin that can be dispersed in water. It has good adherence to numerous surfaces, including glass and polymeric fibres, and can be formed into coatings and adhesives.
Sizing and Forecast The waterborne polyurethane market size has grown strongly in recent years. It will grow from $5.07  billion in 2023 to $5.41  billion in 2024 at a compound annual growth rate (CAGR) of 6.6%.  The  growth in the historic period can be attributed to government investments in research and development, environmental regulations, market demand shift, advancements in formulation, industry adoption..
The waterborne polyurethane market size is expected to see strong growth in the next few years. It will grow to $6.98  billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.  The growth in the forecast period can be attributed to consumer preferences for eco-friendly products, collaboration with industries, customization, impact of covid-19 pandemic, supply chain restrictions, manpower & equipment shortage.. Major trends in the forecast period include brand reputation and consumer awareness, energy efficiency, market penetration strategies, global economic trends, focus on health & safety..
To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/waterborne-polyurethane-global-market-report
Segmentation & Regional Insights The waterborne polyurethane market covered in this report is segmented –
1) By Type: Polyurethane Emulsion, Polyurethane Dispersion, Polyurethane Aqueous Solution 2) By Application: Coating, Sealant, Adhesive, Elastomer 3) By End-use industry: Building and construction, Automotive and transportation, Bedding and furniture, Electronics, Other End Users
Asia-Pacific was the largest region in the waterborne polyurethane market share in 2023. The regions covered in the waterborne polyurethane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8316&type=smp
Major Driver Impacting Market Growth The growth of the construction industry is expected to propel the growth of the waterborne polyurethane market going forward. The construction sector is involved in building infrastructure such as houses, buildings, bridges, and so on. Waterborne polyurethane coatings are used for both floor and wall coatings in various newly constructed buildings as a protective layer for abrasion resistance, weathering resistance, and chemical resistance, thereby increasing the demand for the waterborne polyurethane market. For instance, according to data by The Construction Index, a UK-based publisher of construction sector information, construction output increased by 1.7% in volume terms in March 2022 in comparison with February data in the UK. The rise in repair and maintenance (3.0%) and new work (1.0%) activity drove the increase in monthly construction production in March 2022. Therefore, the growth of the construction industry is driving demand for the waterborne polyurethane market.
Key Industry Players Major companies operating in the waterborne polyurethane market report are Covestro AG, Koninklijke DSM NV, BASF SE, Allnex Belgium SA, Dow Inc., H.B. Fuller Company, Wanhua Chemical Group Co. Ltd., SNP Inc., Kamsons Chemicals Pvt. Ltd., Axalta Coating Systems Ltd., The Sherwin-Williams Company, Perstorp AB, C.L Hauthaway & Son Corporation, Lamberti S.p.A., Sun Polymers International Inc., R. STAHL GmbH, Chemtura Corporation, Lanxess AG, Lubrizol Corporation, Bayer MaterialScience AG, PPG Industries Inc., Capital Resin Corporation, Walter Wurdack Inc., Palmer Holland Inc., SIWO US Inc., Brilliant Group Inc., Aditya Birla Chemicals Ltd., Hauthaway Corporation, Henkel AG & Co. KGaA, Huntsman Corporation, Nippon Polyurethane Industry Co. Ltd.
The waterborne polyurethane market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis
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Wood Coatings Market: Trends & Opportunities 2024-2032
According to Triton Market Research, the Global Wood Coatings Market report is sectioned by Resin Type (Polyurethane, Nitrocellulose, Acrylic, Other Resin Types), Technology (Water-Borne, Powder Coatings, UV-cured, Solvent-Borne), Application (Furniture and Fixture, Cabinet, Doors and Window, Flooring, Deck), and Regional Outlook (Middle East and Africa, Europe, Asia-Pacific, North America, Latin America).
The report highlights the Market Summary, Industry Outlook, Porter’s Five Forces Analysis, Market Maturity Analysis, Supply Chain Analysis, Regulatory Framework, Key Buying Impact Analysis, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology and scope, Global Market Size, Forecasts & Analysis (2024-2032).
Based on Triton’s research report, the global market for wood coatings is set to advance in value at a CAGR of 4.02% during the forecast period 2024-2032.
Wood coating serves a dual purpose: safeguarding and enhancing wood or wood-based structures. By shielding wooden surfaces, it bolsters their durability and utility. Simultaneously, it elevates their aesthetic appeal, contributing to effective product promotion.
Factors such as personalized solutions for flooring and furniture, the emergence of smart coating technology, and improved coating performance via nanotechnology, creates lucrative opportunities for the wood coatings market globally. Smart coatings offer an array of functionalities, such as self-healing, anti-fouling, and antimicrobial properties, enhancing the durability and performance of wood surfaces. This extends the lifespan of wood products and reduces maintenance costs. Moreover, smart coatings contribute to sustainability efforts by minimizing the need for frequent reapplications and replacements, thus reducing waste. With increasing environmental concerns and a growing emphasis on eco-friendly solutions, the adoption of smart coatings is set to escalate, driving market growth and innovation.
However, fluctuating raw material costs and competition from composite materials limit the overall development of the wood coatings market worldwide.
The Asia-Pacific region is set for the fastest growth in the coming years. One key driver is the region’s growing construction and furniture industries, particularly in countries like China, India, and Vietnam, where urbanization and rising disposable incomes have fueled demand for high-quality wood products. Additionally, there is a growing awareness and emphasis on environmental sustainability, leading to an increasing preference for eco-friendly coatings with low volatile organic compound (VOC) content. Moreover, technological advancements in coatings formulations, such as the development of water-based and UV-curable coatings, are gaining traction due to their superior performance and reduced environmental impact.
The renowned companies in the wood coatings market are Nippon Paint Holdings Co Ltd, Diamond Paints, PPG Industries Inc, Asian Paints, RPM International Inc, The Sherwin-Williams Company, BASF SE, Akzo Nobel NV, Axalta Coating Systems LLC, and Kansai Helios.
With evolving consumer preferences and stringent environmental regulations, barriers to entry remain significant, deterring potential newcomers. Established players continually innovate to maintain market share, investing in research and development to offer eco-friendly and high-performance coatings. Intense rivalry among existing competitors fuels pricing pressures and product differentiation strategies, compelling companies to enhance quality and expand distribution networks. Amidst these challenges, strategic alliances and mergers are common, reshaping the competitive landscape and fostering consolidation.
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E Coat Market Growth, Challenges, Attractive Valuation 2030
The The Insight Partners latest market research - "E Coat Market Forecast | Share and Size - 2030", provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, E Coat market size & estimations, competitive landscape, and changing market trends.
The E Coat market report represents a detailed overview of the current market situation and forecasts till the 2030. The study is perhaps a perfect mix of qualitative and quantitative information highlighting key market developments, challenges, and competition the industry faces alongside gap analysis and new opportunities available and E Coat market trends. This report offers market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the E Coat market growth potential in the given period of forecast.
This research is based on valid information sources that make it a credible asset. Through a range of quantitative methods and qualitative approaches, this research brings forward comprehensive insights on trends, drivers, and restrictions ahead of E Coat market players. PESTEL, Porter's five forces, and SWOT models are used for E Coat market analysis of the business environment across a range of categories, geographical regions, and applications.
Key companies in the E Coat market are- Axalta Coating Systems, B.L. Downey Company LLC, BASF SE, Hartford Finishing Inc, Hawking Electrotechnology Ltd., KCC Corporation, KMI Systems Inc, Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., Tatung Fine Chemicals Co., Ltd. and others
Market Analysis and Insights:
The report identifies emerging revenue pockets and opportunities for growth in the market. It analyses changes in market regulations and provides a strategic growth analysis, which can be used by businesses to develop effective growth strategies.
Overall, this report is an essential resource for businesses seeking to stay ahead of the competition in the E Coat market. With its comprehensive E Coat market analysis of recent developments and emerging trends, it provides valuable insights into the market that can be used to develop effective growth strategies and improve market positioning.
Market Drivers and Restraints:
The report provides valuable information on the production costs, supply chain dynamics, and raw materials that are essential to the E Coat market. The report identifies key market restraints, such as economic constraints in emerging countries and business market obstacles. By understanding these risks and challenges, businesses can develop strategies to mitigate them and achieve long-term success in this exciting and dynamic industry to increase their E Coat market share.
Market Segmentation:
The political and economic landscape of the E Coat market is analyzed in depth, providing a comprehensive understanding of the market's potential risks and opportunities. The report includes a detailed analysis of the competitive landscape of the market, identifying the top players and their E Coat market size, and evaluating their strategies and performance. The research report covers a wide range of topics, including market trends, technological advancements, and emerging opportunities, providing valuable insights for businesses looking to expand their presence in the market.On the Basis of Type this market is categorized further into-
Cathodic
Anodic
On the Basis of Application this market is categorized further into-
Passenger Cars
Commercial Vehicles
Automotive Parts and Accessories
Appliances
Heavy-Duty Equipment
Others
Key regions E Coat Market Research Report:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of Latin America)
The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
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bizworldinsights · 7 months
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Brown Sugar
The Global Brown Sugar Market is valued at over US$ 20.7 billion in 2019 and is anticipated to experience an average annual growth rate of 3.9% from 2018 to 2028.
To read more about the topic please visit site: https://bekryl.com/industry-trends/brown-sugar-market-share-analysis
Brown sugar, distinguished by its higher mineral content compared to white sugar due to the presence of molasses, is extensively utilized in the food processing industry and the cakes and confectionary market. The growing sales of bakery and confectionary products have contributed to an increased global demand for brown sugars.
The industry exhibits fragmentation, with operational companies distributed across various countries. Although there is import and export activity in the brown sugar market, many countries can meet their demand through domestic production.
The global bakery industry is poised for remarkable sales growth, driven by companies introducing a wide range of flavored products to cater to diverse consumer tastes. This trend is particularly robust in developing regions, where bakery sales are still in the growth phase. The consistent improvement in sales is expected to indirectly generate a higher demand for brown sugars. Additionally, increased sales of energy drinks are anticipated to further boost the growth of the brown sugar market.
Global Brown Sugar Market Size Analysis, By Region:
Asia Pacific stands out as the largest producer and consumer of brown sugars globally. In 2018, Asia Pacific accounted for 46% of total brown sugar sales. This percentage is expected to increase with rising population levels and a higher demand for bakery products. Many regions in Asia Pacific remain untapped in terms of bakery products, but urbanization is driving a shift towards metropolitan lifestyles. India and ASEAN are emerging as new corridors for brown sugar manufacturers.
Western Europe presents another lucrative destination for market players, with Germany accounting for 28.7% of regional brown sugar sales in 2018.
Global Brown Sugar Market Size and Forecast: Competition Landscape:
Key players in the Brown Sugar market include:
The Valspar Corporation
Axalta Coating Systems Ltd.
Jotun A/S
AkzoNobel NV
Masco Corporation
Nippon Paint Holding Co. Ltd.
BASF SE
Hempel A/S
PPG Industries Inc
Research Scope:
By Type:
Light Brown
Dark Brown
By End-use:
Processed Juices
Energy and Carbonated Drinks
Bakery and Confectionary
Others
The global Brown Sugar market, with its significant valuation and growth prospects, is driven by the rising demand for bakery and confectionary products. As key players compete in this dynamic landscape, the industry is expected to witness sustained growth across various regions.
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pearlsmith25 · 8 months
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Soft Touch Polyurethane Coatings Market in a Post-Pandemic World: Resilience and Recovery Strategies
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Soft touch polyurethane coatings are widely being used for applications ranging from furniture, automotive interiors, home appliances among others due to their matte finish and luxurious appearance. The soft-touch polyurethane coatings provide an anti-fingerprint and easy-to-clean surface. The global soft touch polyurethane coatings market is estimated to be valued at US$ 7.08 Bn in 2023 and is expected to exhibit a CAGR of 8.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The opportunity for widening the end-use applications of soft touch polyurethane coatings is expected to drive the market growth over the forecast period. Soft touch polyurethane coatings are increasingly finding applications beyond furniture and automotive segments. The ongoing research and development activities are focused on leveraging the properties of soft touch polyurethane coatings for applications in healthcare devices, consumer electronics and various home appliances. The resilient and anti-fingerprint properties make soft touch polyurethane coatings ideal for applications where fingerprint or smudge resistance is crucial. The widening array of end-use applications is anticipated to drive the demand for soft touch polyurethane coatings market.
Porter's Analysis Threat of new entrants: Low requirement for technical expertise and capital requirements allow new companies to enter the market easily. However, established players have robust distribution networks and customer loyalty which act as barriers.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and indifferent product differentiation. They can negotiate on price and demand value-added services.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of alternative raw material sources and formula flexibility. Fluctuations in raw material prices can impact industry profitability.
Threat of new substitutes: Threat is high due to availability of water-based coatings with comparable properties. Natural substitutes like linseed oil also restrict profitability.
Competitive rivalry: Intense due to many global and regional players competing on basis of pricing, innovation and quality.
SWOT Analysis Strengths: Excellent durability, flexibility and chemical resistance. Wide usage in construction and automotive industries.
Weaknesses: Potential health hazards during production. Strict environmental regulations increase production costs.
Opportunities: Growing infrastructure and automotive sectors in Asia Pacific and Middle East regions. Development of bio-based and zero VOC coatings.
Threats: Substitution threat from water-based coatings. Economic slowdowns negatively impact demand.
Key Takeaways The global soft touch polyurethane coatings market is expected to witness high growth between 2023-2030 supported by rising infrastructure investments and automotive sales. The market size is projected to reach over US$ 12 Bn by 2030 at a CAGR of 8.9%.
Regional analysis: Asia Pacific dominates currently with over 35% market share led by China, India and other Southeast Asian countries. The region is expected to maintain its lead supported by exponential infrastructure growth and expanding automotive manufacturing industry. Countries like India and Indonesia are projected to offer most lucrative opportunities.
Key players: Key players operating in the soft touch polyurethane coatings market include Sherwin Williams Company, Akzo Nobel N.V., PPG Industries Ltd Axalta Coatings Systems, Rust-Oleum - RPM International Inc., Aexcel Coatings., Sokan New Materials, and Jotun AS. The industry is consolidated in nature with top 5 players accounting for over 50% share. Players compete on advantages of product portfolio, distribution reach, pricing and innovation.
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researchgroupreports · 9 months
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Paints and Coatings Industry Size 2024 | Growth, Top players, Outlook Report 2032
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IMARC Group, a leading market research company, has recently releases report titled “Paints and Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global paints and coatings market size reached US$ 177.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 269.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.
Significant growth in the construction industry across the globe is creating a positive outlook for the market. Paints and coatings are widely used on panels, windows, walls, roofs, door frames, and interior extrusions for protection, decoration, and aesthetics. Additionally, the widespread product adoption in the automotive industry, owing to their color stability, continuous protective film formation, corrosion, abrasion and scratch resistance, flexibility, and durability, is favoring the market growth.
Request For Sample Copy of Report: https://www.imarcgroup.com/paints-coatings-market/requestsample
Factors Affecting the Growth of the Paints and Coatings Industry:
Increasing Construction Activities:
The expanding global population and the increasing construction of residential and commercial buildings represent one of the key factors driving the demand for paints and coatings for protection and aesthetic enhancement. Paints and coatings are widely used in the construction industry to protect buildings from harsh environmental conditions, such as UV radiation, moisture, and corrosion. They also contribute to energy efficiency through reflective coatings, which help reduce cooling costs. Additionally, the rising renovation and remodeling activities of existing infrastructure are catalyzing the demand for paints and coatings.
Automotive Industry Advancements:
The increasing sales of passenger and commercial vehicles across the globe are driving the demand for high-quality coatings. These coatings are extensively used in the automotive industry for enhancing aesthetics and providing protection against corrosion and wear. In line with this, the escalating demand for visually appealing and customized vehicles is propelling the market growth. Paints and coatings enable car manufacturers to offer a wide range of colors and finishes, allowing individuals to personalize their vehicles. Moreover, advanced coatings with features like self-healing properties and resistance to scratches and chemicals are gaining popularity, contributing to the market growth.
Industrial and Protective Coatings:
The rising reliance of several industries, such as oil and gas, manufacturing, and aerospace on these specialized coatings to protect equipment and infrastructure from corrosion, abrasion, and extreme conditions is facilitating the market growth. In addition, the increasing emphasis on asset maintenance and longevity is strengthening the growth of the market. Along with this, the implementation of stringent regulations and safety standards in various industries to mandate the use of protective coatings and ensure the integrity of critical infrastructure is influencing the market positively.
Leading Companies Operating in the Global Paint and Coatings Industry:
Akzo Nobel N.V.
Asian Paints Ltd.
Axalta Coating Systems Ltd.
Berger Paints India Limited
Indigo Paints Limited
Jotun A/S
Kansai Paint Co. Ltd.
National Paints Factories Co. Ltd.
PPG Industries Inc.
RPM International Inc.
The Sherwin-Williams Company and Tiger Coatings GmbH & Co. KG.
Paints and Coatings Market Report Segmentation:
By Product:
Waterborne Coatings
Solvent-borne Coatings
Powder Coatings
High Solids/Radiation Curing
Others
Waterborne coatings dominate the market due to their environment friendly nature, low VOC content, and versatility in various applications.
By Material:
Acrylic
Alkyd
Polyurethane
Epoxy
Polyester
Others
Acrylic represents the largest market segment due to its excellent durability, weather resistance, and wide range of color options.
By Application:
Architectural and Decorative
Non-Architectural
Automotive and Transportation
Wood
General Industrial
Marine
Protective
Others
Architectural and decorative hold the largest market share as paints and coatings protect residential and commercial construction from unfavorable conditions.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Asia Pacific's dominance in the paints and coatings market is attributed to its robust construction and automotive industries, increasing urbanization, and a growing middle-class population.
Global Paints and Coatings Market Trends:
The increasing environmental awareness among the masses represents one of the primary factors propelling the market growth. Additionally, the rising preferences of individuals for sustainable and eco-friendly coatings are offering a favorable market outlook. Along with this, governing authorities and regulatory bodies around the world are implementing stricter environmental standards and regulations, which include limits on volatile organic compounds (VOCs) and hazardous chemicals in coatings. Moreover, the leading market players are investing in research and development (R&D) activities to create innovative formulations.
Other Key Points Covered in the Report:
COVID-19 Impact
Porters Five Forces Analysis
Value Chain Analysis
Strategic Recommendations
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Navigating Environmental Regulations: Waterborne Automobile Coatings Market Challenges and Strategies
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The Waterborne Automobile Coatings Market is estimated to be valued at US$ 86.39 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:
Waterborne automobile coatings are water-based paint formulations used to coat both exterior and interior automobile parts and components. They offer superior finish, aesthetics and protection from environmental factors. The low volatile organic compound content of waterborne coatings make them an environment-friendly and sustainable alternative to solvent-borne coatings. Market key trends:
Stringent environmental regulations regarding VOC emissions from coatings are expected to be a major driver for the waterborne automobile coatings market over the forecast period. Governments across regions are imposing strict norms on VOC content in automobile coatings to curb air pollution. For instance, REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals), a EU regulation restricts the VOC content in automobile coatings to 130 grams per liter. Such stringent regulations are anticipated to boost the adoption of waterborne coatings among automakers as they contain 70-90% water thereby emitting near-zero VOCs. The trend towards sustainable and eco-friendly coating solutions is further projected to propel the demand for waterborne automobile coatings between 2023 and 2030. Porter's Analysis Threat of new entrants: Low cost of entry and availability of raw materials pose moderate threats of new entrants in the market. Bargaining power of buyers: Large automobile manufacturers have significant bargaining power over suppliers due to their bulk purchase volumes. Bargaining power of suppliers: Suppliers of raw materials like resins have moderate bargaining power due to availability of substitutes. Threat of new substitutes: Eco-friendly and low-VOC coatings are emerging as substitutes but have not achieved widespread acceptance yet. Competitive rivalry: Intense competition among existing players to capture more market share. SWOT Analysis
Strengths: Waterborne coatings provide superior performance, durability and are eco-friendly.
Weaknesses: Higher production costs compared to solvent-borne coatings.
Opportunities: Increasing regulations on VOC emissions are driving demand.
Threats: Economic slowdowns can negatively impact automobile production volumes.
Key Takeaways
The global Waterborne Automobile Coatings Market is expected to witness high growth, exhibiting CAGR of 5.5% over the forecast period, due to increasing environmental regulations regarding VOC emissions. Asia Pacific dominates the market with over 50% share due to the large presence of automobile manufacturers in countries like China and India. Regional demand is expected to grow the fastest in Asia Pacific at a CAGR of over 6% during the forecast period. Key players operating in the Waterborne Automobile Coatings market are Akzo Nobel N.V., BASF SE, Axalta Coating Systems, Berger Paints India Limited, Nippon Paint Company Limited, Kansai Paint Company Limited, PPG Industries Inc., Williams-Hayward Protective Coatings Inc., Tikkurila Oyj, The Valspar Corporation, RPM International Inc., and The Sherwin Williams Company.
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latestindustryreports · 11 months
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Antimicrobial Coatings Market Trends, Size, Segments, and Industry Growth by Forecast to 2028
Globally, the Antimicrobial Coatings Market has experienced waves of transformation inviting dynamic changes. The Insights Partner’s recent upgrade - “Global Antimicrobial Coatings Market Size Report | Industry & Analysis - 2028” determined to navigate Antimicrobial Coatings market players through a dynamically changing business landscape. The study is enriched with key factors that influence growth prospects, challenges companies might face, and trends that businesses should not miss out on. The recent update to research has been improvised after a range of scrutiny and validation of primary and secondary information obtained. This syndicate report is a blend of primary and secondary research methods, not only covering the dynamics of the Antimicrobial Coatings market but also briefs on strategies that are likely to unlock more revenue streams.
Our researchers have crafted this Antimicrobial Coatings market research to make it more industry-specific in terms of market size, market share, revenue potential, and CAGR estimates. Precise figures and niche statistics are grouped to offer a glimpse of the economics of scales. To further augment it regional revenue projections, and player analysis are added. This report extensively covers global, regional, and country-wide market size projections.
The report covers an analysis of breakthroughs that transformed the Antimicrobial Coatings market during and after the COVID-19 Pandemic period. An account of opportunities available ahead for market players is a value addition in this report. Detailed discussion of the Antimicrobial Coatings market is focused on elaborating ongoing trends in this market. Keeping business success possibilities as a priority, this research is carried out to include details on key Antimicrobial Coatings market players, their strategies, and market share details. Cupron, Alistagen Corporation, AK Coatings Inc., Fiberlock, Microban International Ltd.,, PPG Industries Inc., Akzo Nobel N.V., DuPont de Nemours, Inc., Nano-Care Deutschland AG, Axalta Coating Systems are prominent players in the global market. Learnings on the competitive landscape can assist both prominent and new entrants in this market. The report further includes key business analysis frameworks that offer valuable insights. Porter’s Analysis of Five Forces, PESTEL examination, and Supply Value Chain are added to generate precise insights needed for business growth.
This Report Offers-
Market Valuation- Antimicrobial Coatings Market size, CAGR, future growth projection, market share
Industry Dynamics- Drivers, Challenges, Trends and Opportunities
Market Segmentation- Based on Products, End-Use Industries, Applications and Regions.
Competitive Landscape- Brief discussion on key Antimicrobial Coatings market players, market shares, Key offerings, and indulgence into their strategies.
COVID-19 Antimicrobial Coatings Market Analysis- Pandemic Impact on Supply Chains, Sales, Adoption Rate and Revenue.
Antimicrobial Coatings Market Segmentation
Based on Raw Material of Antimicrobial Coatings Market Research report:
Silver
Copper
Titanium Dioxide
Others
Based on Application of Antimicrobial Coatings Market Research report:
Medical
HVAC
Mold Remediation
Building and Construction
Foods and Beverages
Others
Based on Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of Latin America)
The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World…
Benefits of Buying this Research:
This research offers a precise Antimicrobial Coatings market overview that edifies companies with the current market situation.
Accurate statistics on Antimicrobial Coatings Market Size, Share, CAGR, and Future Revenue Projections help companies save their research time and plan their resources strategically.
This report offers extensive classification, specifications, and definition of Antimicrobial Coatings Market Segments by Regions, providing a clear understanding.
Regional market insights covered under this report intend to map growth trajectories for our clients willing to excel in key regions.
Analysis of strategies and impact factors analysis helps companies retain a competitive edge.
Consumer analysis under this report is capable of directing our clients to strategies that lead to increased consumer appeal.
The research is customized as per business requirements.
Access to PDF, and PPT formats of this research.
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downincmi · 4 months
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Anti-Corrosion Coatings Market: Protecting Infrastructure
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Anti corrosion coatings are surface coatings applied to metallic structures and concrete structures to protect them from corrosion. They form a protective film on metals that shields the substrate from environmental factors like moisture, oxygen that cause corrosion. They extend the lifecycle of assets and infrastructure.
The Global Anti Corrosion Coatings Market is estimated to be valued at US$ 46.90 Bn in 2024 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030. Key players operating in the Anti Corrosion Coatings are BASF, Ashland Inc., Nippon Paint Co. Ltd., AkzoNobel N.V., Jotun A/S, Axalta Coating System Ltd., The Sherwin-Williams Company, Kansai Paints Co. Ltd., PPG Industries Inc. and Hempel A/S. Increased investments in oil & gas, transport, power and mining sectors are driving the demand for anti corrosion coatings globally. Rapid urbanization and infrastructure development projects especially in Asia Pacific are creating growth opportunities. The growing demand from oil & gas industry is one of the key factors augmenting the anti corrosion coatings market. Offshore and onshore oil rigs, pipelines, storage tanks require robust anti corrosion coating solutions to prevent rusting and corrosion in harsh marine environments which extends their lifespan considerably. Construction industry is also a major end user of anti corrosion coatings. With increased investments in road, rail and building construction projects, the demand for anti corrosion coatings is surging from this sector for steel and concrete structures. Anti corrosion coatings manufacturers are focusing on expanding their production facilities across high growth regions globally. For instance, Axalta Coatings recently invested in expanding their production capacity in China to meet the rising local demand. Companies are also focusing on developing advanced polymer based coatings with extended lifespan and eco friendly compositions using nanotechnology. Waterborne anti corrosion coatings are gaining popularity due to their low VOC content. Development of intelligent coatings with self-healing and non-fouling properties is a key trend in the anti corrosion coatings market. Nanotechnology enabled anti corrosion coatings that can repair minor damages automatically without reapplying coating and resist aquaticlife adhesion are being researched. These multifunctional coatings have potential to disrupt the market.
Porter’s Analysis
Threat of new entrants: Anti-corrosion coatings require significant capital investment to build manufacturing plants, and established brands have built strong brand recognition in the market making it difficult for new players to enter.
Bargaining power of buyers: The anti-corrosion coatings market has numerous global players producing general coatings, however, demand for specialized coatings by end-use industries limits buyers bargaining power.
Bargaining power of suppliers: Major raw materials for anti-corrosion coatings such as epoxy, alkyd, and polyurethane resins have numerous global suppliers, limiting their bargaining power.
Threat of new substitutes: Alternatives to anti-corrosion coatings have limited applicability and high costs of adoption, reducing threat from substitutes.
Competitive rivalry: The global anti-corrosion coatings market is consolidated with top players holding majority market share, however technological innovations allow niche players to grow. In terms of value, North America dominates the global anti-corrosion coatings market accounting for over 30% market share owing to vast infrastructure and reviving oil & gas industry. Other major regions are Asia Pacific and Europe. The fastest growing regional market for anti-corrosion coatings is Asia Pacific. Rapid infrastructural development and thriving manufacturing sector especially in China, India make it an attractive market. Annual construction spending exceeding USD 10 trillion by 2025 will drive coating demand in the region.
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businessindustry · 4 months
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Sealing Coatings Market Industry Competition Analysis, Revenue and Forecast Till 2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Sealing Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Sealing Coatings Market Forecast share, size, trends, and growth. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Sealing Coatings Market?
The sealing coatings market size reached US$ 14.9 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 21.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
What are Sealing Coatings?                                                                                                                                                                            
Sealing coatings are substances applied to surfaces to form a protective layer that guards against moisture, chemicals, corrosion, and other environmental factors. They are utilized on various surfaces like concrete, metal, and wood to prevent harm and prolong the lifespan of the substrate. Commonly used in construction, automotive, and industrial sectors, these coatings enhance durability and preserve the aesthetic appeal of surfaces.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1788
What are the growth prospects and trends in the Sealing Coatings industry?
The sealing coatings market growth is driven by various factors. The sealing coatings market is experiencing consistent growth due to rising demand for protective coatings across industries like construction, automotive, and manufacturing. These coatings safeguard surfaces against corrosion, moisture, and environmental damage, boosting the longevity of materials. As technology advances and sustainability gains importance, the sealing coatings market is poised for further expansion, offering a variety of solutions to meet the diverse needs of various industries. Hence, all these factors contribute to sealing coatings market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Resin Type:
Acrylic
Silicone
Polyurethane
Epoxy
Others
Substrate:
Metal
Concrete & Masonry
Wood
Plastic
Others
End-Use Industry:
Building & Construction
Automotive
Industrial
Marine
Aerospace
Electrical & Electronics
Others
Application:
Roofing
Flooring
Walls & Ceilings
Windows & Doors
Tank Linings
Others
Technology:
Water-based
Solvent-based
Radiation-cured
Powder-based
Others
Sales Channel:
Direct Sales
Distributor Sales
Online Sales
Price Range:
Economy
Mid-Range
Premium
Functionality:
Waterproofing
Corrosion Resistance
Thermal Resistance
Chemical Resistance
Others
Curing Type:
Air Cure
Heat Cure
Moisture Cure
Others
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
3M Company
Akzo Nobel N.V.
Axalta Coating Systems
BASF SE
Dow Inc.
Henkel AG & Co. KGaA
Hempel A/S
Jotun Group
Nippon Paint Holdings Co., Ltd.
PPG Industries, Inc.
RPM International Inc.
Sherwin-Williams Company
Sika AG
Tikkurila Oyj
Wacker Chemie AG
View Full Report: https://www.reportsandinsights.com/report/Sealing Coatings-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Global Car Clear Coat Market Is Estimated To Witness High Growth Owing To Increasing Demand for Protective Coating Solutions in the Automotive Industry
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The global car clear coat market is estimated to be valued at US$ 23.74 billion in 2023 and is expected to exhibit a CAGR of 8.9% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview: Car clear coat refers to a protective coating applied on the top layer of a car's paint to enhance its appearance and provide protection against environmental factors such as UV radiation, oxidation, and scratches. The need for car clear coat arises due to the growing demand for a long-lasting and glossy finish, which can improve the resale value of the vehicle. Moreover, car clear coat also offers protection against harsh weather conditions and chemicals, thereby extending the life of the paint and reducing maintenance costs.
Market Key Trends: One key trend observed in the car clear coat market is the increasing adoption of water-based clear coats. Water-based clear coats are eco-friendly and offer several benefits compared to solvent-based coatings, such as low VOC emissions, ease of application, faster drying time, and excellent gloss retention. These clear coats are gaining popularity in the automotive industry due to stringent environmental regulations and the growing trend towards sustainable manufacturing practices. For example, PPG Industries, Inc., one of the key players in the market, offers waterborne clear coats that provide superior appearance and durability while minimizing environmental impact.
PEST Analysis: Political: The automotive industry operates within a highly regulated environment, with various regulations governing product safety, emissions, and environmental impact. Strict government regulations regarding VOC emissions are driving the adoption of eco-friendly clear coat solutions.
Economic: The economic growth of emerging economies and rising disposable incomes have contributed to increased spending on automotive products. This, in turn, is fueling the demand for car clear coats.
Social: Increasing consumer awareness about the importance of vehicle maintenance and aesthetics is driving the demand for car clear coats. Consumers are willing to invest in professional services and products to protect and enhance the appearance of their vehicles.
Technological: Technological advancements in the automotive industry, such as the development of scratch-resistant and self-healing clear coats, are expected to drive market growth. These innovative coatings offer enhanced durability and reduce the need for frequent touch-ups and repairs.
Key Takeaways: 1. Market Size: The global Car Clear Coat Market Share is expected to witness high growth, exhibiting a CAGR of 8.9% over the forecast period. The increasing demand for protective coating solutions in the automotive industry is a major driver for market growth.
2. Regional Analysis: Asia Pacific is the fastest-growing and dominating region in the car clear coat market. The region's booming automotive industry, rising disposable incomes, and increasing consumer preference for customized and aesthetically appealing vehicles are contributing to market growth.
3. Key Players: Key players operating in the global car clear coat market include PPG Industries, Inc., Axalta Coating Systems, LLC, BASF SE, Sherwin-Williams Company, Nippon Paint Holdings Co., Ltd., Kansai Paint Co., Ltd., Akzo Nobel N.V., 3M Company, KCC Corporation, Noroo Holdings Co., Ltd., Valspar Corporation, Jotun Group, Hempel A/S, Carpoly Chemical Group Co., Ltd., and Guangdong Maydos Building Materials Limited Company. These players are focusing on product innovation and strategic partnerships to strengthen their market position.
In conclusion, the global car clear coat market is witnessing significant growth due to increasing demand for protective coating solutions in the automotive industry. The adoption of water-based clear coats, stringent environmental regulations, economic growth, consumer awareness, and technological advancements are driving market growth. The Asia Pacific region is leading in terms of market dominance and growth. Key players are actively involved in product development and partnerships to gain a competitive edge in the market.
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samiromunoblog · 1 year
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Architectural Coatings Market Share, Size - Verified Industry Insights
Our Verified Industry Insights report on the Global Architectural Coatings Market is an invaluable source of information for stakeholders in the market. Our report provides an in-depth analysis of the current market outlook, opportunities, and trends and also offers a comprehensive overview of the market including historical data, market size, and forecast as well. It also provides an overview of the major market players in the market and their competitive landscape.
Architectural Coatings Market was valued at USD 68.65 Billion in 2021 and is projected to reach USD 118.21 Billion by 2030, growing at a CAGR of 6.78% from 2023 to 2030.
The report also offers an in-depth analysis of the latest industry developments, such as new product launches, mergers & acquisitions, strategic collaborations, and partnerships with other market players. Furthermore, the report also provides an inside look at the competitive landscape and a detailed assessment of the market segments to help stakeholders make informed decisions. Additionally, the report offers insights into the industry dynamics which can help readers to understand the forces acting upon the market and the factors driving its growth. With the help of this report, our readers can gain comprehensive and reliable insights into the Global Architectural Coatings Market.
Get a Sample PDF copy of this Architectural Coatings Market Report: 
Architectural Coatings Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2030. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth.
This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Major Players Covered in this Report are:
PPG Industries, Inc., Akzo, Nobel N.V., The Sherwin-Williams Company, Kansai Paints Co., Ltd., BASF SE, Axalta Coating Systems, LLC, Brillux GmbH & Co. KG, Asian Paints Limited, Nippon Paint Holdings Co., Ltd., RPM International Inc., NIPSEA Group, BASF SE, Masco Corporation, Jotun Group, Colorado Commercial & Residential Painting and others
One of the important sections of the research study includes the company profiling of key figures of the Architectural Coatings Market. The authors of the report closely analyze all of the leading companies considered for the research study on the basis of different factors such as their main business, gross margin, and markets served. They also consider their prices, revenue, and production apart from the specification and application of their products. The review period considered here is of nine years.
Global Architectural Coatings Market Segmentation Analysis
The outbreak of COVID-19 has dramatically changed the Architectural Coatings Market. Worldwide, the industry saw signs of recovery in the second quarter, but the industry remains concerned about the prospects of long-term recovery as COVID-19 cases continue to rise, especially in Asian countries such as India.
Architectural Coatings Market, By Resin Type
Acrylic Resin
Alkyd Resin
Vinyl Resin
Polyurethane Resin
Architectural Coatings Market, By Technology
Waterborne Coatings
Solvent-borne Coatings
Powder Coatings
Architectural Coatings Market, By Application
Residential
Non-Residential
Since the start of the pandemic, the industry received a series of blows and surprises. The pandemic has also led to many changes in buyer behavior and attitude. Thus, it is putting additional stress on the industry. This, in turn, is expected to restrain the growth of the market.
Some of the Key Questions Answered in this Report:
What is the Architectural Coatings Market size at the regional and country-level
What are the key drivers, restraints, opportunities, and challenges of the Architectural Coatings Market , and how they are expected to impact the market
What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) sales value, production value, consumption value, import and export of Architectural Coatings Market
Who are the global key manufacturers of the Architectural Coatings Market? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
What are the Architectural Coatings Market opportunities and threats faced by the vendors in the Architectural Coatings Market?
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
What focused approach and constraints are holding the Architectural Coatings Market?
What are the different sales, marketing, and distribution channels in the global industry?
What are the key market trends impacting the growth of Architectural Coatings Market ?
Economic Impact on the Architectural Coatings Market and development trend of the Architectural Coatings Market
What are the Architectural Coatings Market opportunities, market risk, and market overview of the Atorvastatin Calcium market
Each chapter of the report provides detailed information for readers to understand the Architectural Coatings Market further:
Chapter 1: Architectural Coatings Market Product Definition, Product Types, Volume, and Revenue Analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa from 2023 to 2030. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers' commercial date of Architectural Coatings Market, product type offered by each manufacturer, Mergers & Acquisitions activities, and Expansion activities that occurred in the Architectural Coatings Market. Chapter 3: Architectural Coatings Market Historical (2023-2030) and Forecast (2023-2030) Volume and revenue analysis of Architectural Coatings Market in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Chapter 4: Architectural Coatings Market Product Application, Volume, and Revenue Analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa from 2023 to 2030. Chapter 5 to 9: Architectural Coatings Market Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa, including volume and revenue analysis. Chapter 10: Manufacturers' Outline, covering the company's basic information like headquarter, contact information, major business, Architectural Coatings Market introduction, etc. Architectural Coatings Market Sales, Revenue, Price, and Gross Margin of each company, as well as Recent Developments, are also contained in this part. Chapter 11: Industry chains, like raw materials, and manufacturing costs, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channels, Distributors, and Customers are listed. Chapter 13: Verified Market Reports Conclusions of Architectural Coatings Market based on comprehensive survey. Chapter 14: Methodology and Data Sources.
About Us: Verified Industry Insights
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We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
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Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience covering all research needs.
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priyanshisingh · 1 year
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Water-Based Barrier Coatings Market 2022 | Growth Strategies, Opportunity, Challenges, Rising Trends and Revenue Analysis 2030
The latest market report published by Credence Research, Inc. “Global Water-Based Barrier Coatings Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global water-based barrier coatings market has witnessed steady growth in recent years and is expected to grow at a CAGR of 6.30% between 2023 and 2030. The market was valued at USD 5.8 billion in 2022 and is expected to reach USD 8.895305032 billion in 2030.
Driving Factors behind the Water-Based Barrier Coatings Market
Environmental Concerns and Regulations
The tightening grip of global environmental regulations, particularly those relating to Volatile Organic Compound (VOC) emissions, is a significant driver for the water-based barrier coatings market. As governments across the world tighten environmental regulations, the demand for water-based barrier coatings, which emit far fewer VOCs, has surged.
Sustainability
The global focus on sustainability and eco-friendliness has led to a rise in demand for water-based barrier coatings. Many industries are transitioning to these coatings because they are less harmful to the environment and provide superior protection against moisture and contaminants.
Water-Based Barrier Coatings Market Key Growth Trends have been shaping the industry landscape with remarkable progress in recent years. As consumer awareness regarding environmental concerns continues to rise, there has been a substantial shift towards eco-friendly alternatives, and water-based barrier coatings have emerged as frontrunners in this regard. These coatings offer exceptional performance while significantly reducing volatile organic compound (VOC) emissions compared to their solvent-based counterparts. Moreover, their versatility allows them to be applied on various substrates such as paper, metal, plastics, and wood.
Browse 190 pages report Water-Based Barrier Coatings Market By Type (Acrylic, Polyester, Alkyd, Epoxy, Others)- Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/water-based-barrier-coatings-market
Market Segmentation
Segmentation by Type
Acrylic is the dominant type segment and is expected to post the highest CAGR during the forecast period. On the other hand, the polyester segment is likely to exhibit the fastest CAGR during the same period.
Segmentation by Region
Europe is leading the growth of the water-based barrier coatings industry, holding nearly three-fifths share in 2022. Asia-Pacific and North America collectively accounted for just under 65% share in 2022, with North America holding over 40% share in the same year.
The future of the global water-based barrier coatings market looks bright, with Europe spearheading the growth. As the world continues to navigate towards sustainability, this market's growth prospects will only intensify. Despite certain challenges, the considerable opportunities the market presents promise substantial advancements in the years to come.
The global water-based barrier coatings market is just one facet of the larger movement towards sustainability. By focusing on its potential and overcoming the challenges it presents, industries across the world can make a significant contribution to environmental preservation, while also achieving their growth objectives.
Key Market Players
The water-based barrier coatings market is highly competitive, featuring several key players, including:
The Sherwin-Williams Company
BASF SE
AkzoNobel N.V.
PPG Industries Inc.
RPM International Inc.
Asian Paints Limited
Axalta Coating Systems LLC
Nippon Paint Holdings Co. Ltd.
Kansai Paint Co. Ltd.
Tikkurila OYJ
These companies maintain their competitive edge through product innovation, expansion, and strategic mergers and acquisitions.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Water-Based Barrier Coatings Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Water-Based Barrier Coatings Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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