In Mold Coatings Market Business Opportunities To Reviewed In New Report
Posted by Pradnya on May 24th, 2022
In-Mold Coatings Market 2022-2031
New Study Reports “In-Mold Coatings Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031” has been Added on PersistenceMarketResearch.
This report provides in depth study of “In-Mold Coatings Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The In-Mold Coatings Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
As per a new study by Persistence Market Research, the global in-mold coatings market is expected to rise at a healthy CAGR of 5.3% and top a valuation of US$ 355 Mn by 2031.
In-mold coatings are widely used for automotive production across the globe. Growing automotive industry is thereby expected to elevate demand for in-mold coatings over the coming years. Moreover, shifting consumer demand toward environment-friendly products is also augmenting market growth. As such, key manufacturers are indulging in developing low-VOC-content coatings to bring their product portfolios in line with consumer demand trends.
Furthermore, consistent growth of the construction industry coupled with rising modernization in building and infrastructure development requires complex geometric shapes, which is creating high demand for in-mold coatings in the construction sector.
The report has profiled some of the important players prevalent in the global like – Omnova Solutions Inc., Akzo Nobel N.V., Fujichem Sonneborn Limited, Adapta Color S.L., Emil Frei GmbH & Co. Kg, Kech Chimie, The Sherwin-Williams Company, Stahl Holdings B.V., Berlac Group, Rasching GmbH, Protech Powder Coatings Inc., Chromaflo Technologies, and Plasti Dip International. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the In-Mold Coatings Market.
Key Takeaways from Market Study
“Demand for in-mold coatings is estimated to be driven significantly by the automotive industry,” says a Persistence Market Research analyst.
Consistent growth in end-use industries such as automotive, building and construction, and transportation is elevating demand for in-mold coatings. However, coatings are mostly manufactured using solvents. Solvents are mostly derived from refinery operations and petrochemical feedstock.
The coating industry is a major consumer of petrochemical and non-petrochemical feedstock. With fluctuations in crude oil and gas prices, raw material cost also increases, and this will lead to reduction in the profit margins of in-mold coatings manufacturers.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
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In-Mold Coatings Market – Report Highlights
Key Questions Answered in the In-Mold Coatings Market Report
How is the In-Mold Coatings Market expected to grow over the projected period?
What direction is the In-Mold Coatings Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the In-Mold Coatings Market in future?
What are the key market drivers in the In-Mold Coatings Market?
What are significant opportunities and improvement areas for In-Mold Coatings Market manufacturers?
What are the key developments and trends taking over the In-Mold Coatings Market?
Which are the emerging countries that are expected to create significant growth opportunities in the In-Mold Coatings Market?
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About the AuthorPradnya
Joined: February 3rd, 2017
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