High Performance Coatings Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2027

 The global High Performance Coatings Market is forecast to reach USD 131.17 Billion by 2027, according to a new report by Reports and Data. The high-performance coating is majorly fueled by the growing demand for construction and the emergence of new buildings in both developed and developing countries. The construction and building industry hold a larger market share, followed closely by the automotive industry.

This can be mainly associated with the increase in demand owing to its properties such as durability, scratch resistance, and glossy look, which are influencing the market growth. Growing popularity among end-users, especially automotive, shipbuilding, and pipeline industries, will also encourage the growth of the market. Construction activities led by developing economies across the world will further boost the growth of the market. Increasing awareness concerning the floor coatings due to dust resistant, durable, abrasion-resistant, and waterproof features is encouraging the market demand. Emerging end-use industries, driving to the expansion of manufacturing plants and facilities is further promoting the market growth. Accelerated industrialization, the growing trend for long-lasting yet aesthetic floor across manufacturing plants, factories, warehouses, and equipment units are also contributing the market growth.

The Asia Pacific has the largest market share owing to the government regulations and its step forward towards infrastructure and transportation. Indian and Chinese government has taken to build and develop roads and improve transportation. North America is set to follow with the presence of leading companies. Europe, too has a large market for high-performance coating as the government in that region has become very strict regarding environmental issues.

Request a free sample of this report : https://www.reportsanddata.com/sample-enquiry-form/3431

Further key findings from the report suggest

  • Acrylic coating additives are used in several products. They can be used in organic powder, water, or solvent-borne formulation. They are used for decorative purposes and to coat industrial products. Acrylic surface coatings are one of the major coatings in the industry. This type of coating has captured a large share of Western Europe and the North American market.
  • Water-based coating is a clear fast-drying coating generally used on printed products. This type of coating is preferred not only due to environmental concerns, but it also provides substantial scruff-resistance. The segment is forecasted to grow with a CAGR of 5.0% during the forecast period.
  • The industrial segment is contributing significantly to the growth of this industry. Industries such as machinery manufacturing, automotive industry, food processing, aviation & transportation, science & technology are using these substances. The growth of the industries is anticipated to lead to the demand for High performance coatings.
  • North America region accounts for the largest share of 24.2% of the market in 2019. Due to the increased production capacities of dominant companies in the region drives the growth. Technological progress in the manufacturing sector due to more eminent automation for material movement and excellent transportation are among crucial factors propelling the demand for the market products.
  • Key participants include Daikin Industries Ltd., Kansai Nerolac Paints Limited, Akzo Nobel NV, Toefco Engineered Coating Systems Inc., Beckers Group, The Sherwin-Williams Company, Endura Coatings LLC, AFT Fluorotec Ltd., Hempel Group, and The Chemours Company, among others.

For the purpose of this report, Reports and Data have segmented the global High performance coatings Market on the basis of Type, Coating Technology, End-User, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Epoxy
  • Silicon
  • Polyester
  • Acrylic
  • Alkyd
  • Polyurethane
  • Fluoropolymer
  • Other

Coating Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Water-based
  • Powder-based
  • Solvent-based

End-User Outlook (Revenue, USD Billion; 2017-2027)

  • Industrial
  • Building and Construction
  • Aerospace and Defense
  • Automotive and Transportation
  • Marine
  • Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA
  • U.S
  • Canada
  • Germany
  • U.K
  • France
  • BENELUX
  • Rest of Europe
  • China
  • Japan
  • South Korea
  • Rest of APAC
  • Brazil
  • Rest of LATAM
  • Saudi Arabia
  • UAE
  • Rest of MEA

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/high-performance-coatings-market

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: http://google.vu/url?q=https://www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports

Comments

Post a Comment

Popular posts from this blog

Polycarbonate Market Revenue Size, Trends and Factors, Regional Share Analysis & Forecast Till 2028

 The latest industry analysis report published by Reports and Data offers a panoramic view of the global Polycarbonate industry and its key segments. The report offers a concise market summary and highlights the key factors influencing market growth. The data & information provided by the report have been obtained through meticulous research on the market. The report takes a close look at the Polycarbonate market’s historical, present, and future scenarios and explains the paradigm shifts taking place in this business landscape. Industry growth rate, consumer demand, supply ratio, industry worth, and several market trends & opportunities are some of the critical factors highlighted in the report. The report throws light on the competitive landscape of the global Polycarbonate market and systematically profiles the leading companies operating in the market. Furthermore, it highlights the principal strategies & initiatives undertaken by these players for business expansi...
Read more

Cross-Linked Polyethylene Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2027

The global  Cross-linked Polyethylene market  is forecast to reach USD 10.77 Billion by 2027, according to a new report by Reports and Data. It is cross-linking polyethylene results in higher molecular weight of the polyethylene, which further helps in better abrasion resistance, thermal resistance, and impact strength. The cross-linked polyethylene shows better resistance to environmental stress cracking, without any loss in its tensile strength. The cross-linking aided the use of polyethylene in the coating power cable.  The properties are enhanced to higher operating temperature in electrical applications—the thermosetting nature of cross-linked polyethylene results in them not melting in heating. The temperature resistance is the essential property of Cross-Linked Polyethylene. The high demand in the piping systems, water service lines, and heating and cooling systems will be a significant avenue of growth for the market. The rapid replacement of copper pipes and tube...
Read more

Insulation Coating Materials Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2026

 T he global the   insulation coating materials market   was valued at USD 8.95 Billion in 2018 and is expected to reach USD 16.25 Billion by the year 2026, at a CAGR of 8.0%, the insulation coating materials are barrier to heat, insulation coating materials is process done in various applications to maintain the temperatures changes. They maintain energy consumption and increases efficiency. Yttrium, Mullite is the conventional insulating coatings used for insulation. Insulation coating materials applied to weather exposed surfaces and can resist thermal shock absorptions. Insulation coating materials provide a longer shelf life to the substrates. Insulation coating materials are used in Buildings, factories, vehicles, theaters, hotels, Seminar Halls, etc. insulation coating materials have been uitlised in engine rooms, pipes and overheads and so on. Insulation coating materials are used for automotive industries. Insulation coating materials have high used in the petrol...
Read more