Follow Us:
Protective Coatings Market Global Analysis 2015 and expected $60.30 Billion by 2025
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.
 
“  
The global protective coatings market size was estimated at USD 24.90 billion in 2015 and is expected to witness significant growth over the forecast period, owing to the rising demand from key end-use industries, such as aerospace, oil & gas, construction, and automotive.
” 
 
 
 
Follow Us:
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 over the projected period.
Further key findings from the study suggest:
 
Globally, epoxy and alkyd product segments are slated to witness significant growth in terms of volume during the forecast period, growing at a CAGR of over 10% during the forecast period. This is mainly attributed to low VOC content, efficiency, and favorable government policies, along with the rising demand from key end-use verticals such as construction and aerospace.
 
 Asia Pacific dominated the market for protective coatings in 2015, with revenue of over USD 18 billion; and is estimated to grow significantly over the coming years owing to the rising demand from high-growth end-use segments such as construction, aerospace, and automotive.
 
Furthermore, the Asia Pacific region is expected to grow the highest in terms of revenue during the forecast period, slated to grow at a CAGR of over 9%. The region is dominated primarily by China, which is likely to witness growth at a CAGR of nearly 10% during the forecast period. However, rapid infrastructure expansion in India and Indonesia is likely to drive growth over the forecast period.
 
Key participants in the industry include AkzoNobel NV, PPG Industries, The Sherwin-Williams Co., and Arkema SA, among others. In recent years, key players have turned towards capacity expansion and new product developments to strengthen their positions in the industry globally.
 
 
Follow Us:
Table of content of Global Protective Coatings Market research report: Chapter 1. Methodology and Scope
1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Protective Coatings Industry Outlook
3.1. Market segmentation 3.2. Market size and growth prospects, 2014 - 2025 3.3. Market value chain analysis 3.3.1. Vendor landscape 3.4. Raw material outlook 3.5. Technology overview 3.6. Regulatory framework 3.7. Market dynamics 3.7.1. Market driver analysis 3.7.2. Market restraint analysis 3.8. Key opportunities prioritized 3.9. Porter's analysis 3.10. Competitive scenario, 2015 3.11. PESTEL analysis
 
 
Follow Us:
Chapter 4. Protective Coatings Resin Type Outlook
4.1. Global protective coatings market share by resin type, 2015 & 2025 4.2. Acrylic 4.2.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.2.2. Market estimates and forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.3. Epoxy 4.3.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.3.2. Market estimates and forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.4. Polyurethane 4.4.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.4.2. Market estimates and forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.5. Alkyd 4.5.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.5.2. Market estimates and forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million) 4.6. Polyester 4.6.1. Market estimates and forecast, 2014 - 2025 (Kilo Tons) (USD Million) 4.6.2. Market estimates and forecast, by region, 2014 - 2025 (Kilo Tons) (USD Million)
of 15