Industrial coatings are products engineered specifically for their protective and functional properties. But while protection is their underlying goal, they also can be aesthetic. By resin type, the acrylic resin segment dominated the industrial coatings market in 2016. This dominance can be attributed to the growing use of acrylic resins in many applications, such as automotive, industrial wood, transportation, marine, and general industrial applications. By technology, the solvent-based industrial coatings segment accounted for more than 40% share, in terms of volume, of the overall industrial coatings market in 2017. Asia Pacific is the largest market for industrial coatings in 2016. There is an increased demand from the automotive industry in Asia Pacific, which is mainly backed by the expansion of the region’s industrial activities. The global Industrial Coatings market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027. This report studies the Industrial Coatings market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Industrial Coatings in these regions, from 2017 to 2027, covering
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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The study objectives of this report are:
In this study, the years considered to estimate the market size of Industrial Coatings are as follows: History Year: 2017-2020 Base Year: 2020 Estimated Year: 2020 Forecast Year 2021 to 2027 This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Coatings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources. For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report: Further breakdown of Industrial Coatings market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
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