The uv-cured coatings market is projected to grow at a CAGR of 6.93% during the forecast period, reaching a total market size of US$7.030 billion in 2024, from US$4.703 billion in 2018. Strict environmental regulations regarding VOC emissions are one of the major drivers of the UV-cured coatings market. Rising demand for UV-cured coatings across various industries such as automotive and electronics is further fueling the growth of UV-cured coatings market. Emerging adoption of powder UV-c Read more...
The thermal barrier coatings market is estimated to witness a CAGR of 7.03% to reach US$18,504.547 million in 2024 from US$12,306.258 million in 2018. Thermal barrier coatings are advanced materials that are applied to metallic surfaces like metal turbine blades, aircraft engines and on industrial gas turbines which are operated on the high tempera Read more...
The global paper coating material market is projected to grow at a CAGR of 3.13% to reach US$2.302 billion by 2025 from US$1.914 billion in 2019. The material that is used to apply a base coat on different types and grades of paper in order to improve their technical and physical properties such as brightness, smoothness, and glossiness among others are called paper coating materials. The popularity of paper coating material is increasing in different industries including the paper indust Read more...
The green coating market is projected to grow at a CAGR of 4.82% to reach US$101.121 million by 2024, from US$76.256 million in 2018. Green coating refers to the coating material that is produced from sustainable sources such as vegetable oil, Soy bean, castor oil, clay and others. The demand for such coating is majorly driven by the burgeoning need to reduce VOC emission from the paints and coats since most of the industrial coatings are made with toxic ingredients that largely contributes to Read more...
The Intumescent coatings market is projected to grow at a CAGR of 5.46%over the forecast period of 2017-2023. Intumescent Coatings provide passive fire protection as they can withstand temperatures up to 600 degree Celsius and are aesthetically pleasing at the same time. This is significantly boosting the demand for intumescent coating. Stringent government regulations and precautions relating to fire accidents and damages along with the growing need for lightweight materials for construction an Read more...
Europe Coil Coatings market is estimated to grow to US$2.357 billion in 2023 from US$1.63 billion in 2017, growing at a CAGR of 6.27% over the forecast period. This research study examines the Europe Coil Coatings market on the basis of various segments – by resin type, by end user industry and by geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and s Read more...
Asia Pacific Coil Coatings market is estimated to grow to US$3.916 billion in 2023 from US$2.434 billion in 2017, growing at a CAGR of 8.24% over the forecast period. This research study examines the Asia Pacific Coil Coatings market on the basis of various segments – by resin type, by end user industry and by geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, Read more...
The decorative coatings market is expected to grow at a CAGR of 4.61% over the forecast period to reach a total market size of US$112.431 billion by 2025, increasing from US$85.783 billion in 2019.Enhanced durability and appearance of the surface and weather protection are some of the factors boosting the demand for decorative coatings from the real estate industry over the forecast period. Additionally, rising disposable income across the globe, increased awareness among consumers about decor Read more...
The coating additives market is expected to grow at a CAGR of 5.98% over the forecast period to reach a total market size of US$10.593 billion by 2025, increasing from US$7.476 billion in 2019.Coating additives are widely used for painting exteriors of buildings, automobiles, woods & furniture, aviation, and others. The wide application of coating additives is due to their exceptional performances in maintaining the exterior paint works efficiently. Major driving factors behind the spur in Read more...
The smart coatings market was valued at US$3.035 billion in 2018 and is expected to grow at a significant rate during the forecast period. Major driving factors behind the growth of the global smart coating demand are high implementation in various sectors such as military and defense, automobile, electrical and electronics, and others owing to a rise in demand for customization including smart self-repair, artificial intelligence, and sensing capabilities. Read more...
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