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Showing posts with the label Protective Coatings Industry

Protective Coatings Market – Key Financial Metrics and Competitive Analysis 2018

The Global Protective Coatings Market is expected to witness significant growth over the forecast period owing to the increasing demand for anti-corrosion, thermal resistant, and durable coating formulations in the aerospace and oil & gas industries. The rising demand from key end-use segments such as oil & gas, aerospace, construction, and industrial owing to its superior properties over its counterparts is expected to propel the industry demand over the forecast period. The growing application scope of protective coatings in the aforementioned segments can be attributed to the growing need for low-VOC coating solutions, which offer resistance to wear & tear, high temperatures, and corrosion, while ensuring low maintenance costs. Construction dominated the industry, globally, in 2015. The growing infrastructure development in emerging countries such as India, China, Brazil, and Russia is expected to drive demand for the product in the construction end-use industry ov