London, UK (PRWEB) July 29, 2014
In 2013, the value of the global protective coatings market was estimated at over USD 10.59 billion. In the same year, the world consumption of protective coatings stood at almost 4,254 KT. The APAC region was the leading consumer of protective coatings, accounting for more than 68.5% of the world’s total consumption volume in 2013. China was the top country in terms of protective coatings consumption.
Akzo Nobel N.V., PPG Industries, The Sherwin-Williams Company, Jotun, Kansai Paint Co., The Valspar Corporation, Arkema Group, Wacker Chemie AG, Croda International Plc, Sika Group and Hempel Group are among the top players in the world market for protective coatings. Moreover, the worldwide protective coatings market has a huge potential toward attracting new small as well as big industry players.
The world protective coatings market is projected to grow at a 9.75% CAGR between 2014 and 2019. Meantime, the global consumption of protective coatings is poised to register growth at a 9.52% CAGR in the next 5 years, and is expected to exceed 6,701 KT in 2019. The growth in the world protective coatings market is spurred mainly by the increasing demand from end-use areas as oil and gas, construction, aerospace and automotive industries.
New research report “Protective Coatings Market by Resin Type (Alkyd, Acrylic, Epoxy, Polyurethane, Polyester & Others), by Technology (Solvent Borne, Water Borne, Powder & Others) & by Application (Construction, Oil & Gas, Automotive, Aerospace, Product Finishes & Others) - Global Trends & Forecast to 2019” elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Protective Coatings Market by Resin Type (Alkyd, Acrylic, Epoxy, Polyurethane, Polyester & Others), by Technology (Solvent Borne, Water Borne, Powder & Others) & by Application (Construction, Oil & Gas, Automotive, Aerospace, Product Finishes & Others) - Global Trends & Forecast to 2019
Published: July, 2014
Price: US$ 4,650.00
The research report sheds light on the historical and current performance of the world protective coatings market. It provides an in-depth market assessment on the basis of application, geography, resin and technology types; presents a thorough examination of the key market growth limiters and drivers, points out the major challenges and opportunities. Moreover, the topical study contains Porter’s five forces analysis and value chain analysis, features the competitive landscape within the world protective coatings market, profiles the top market participants, touches upon the hottest industry issues. The new report covers the recent industry developments, characterizes the prevailing market trends and gives a set of detailed five-year forecasts for the global protective coatings market.
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More new research reports by the publisher can be found at MarketsandMarkets page.