Protective Coatings Market Growth Study 2019: Key Players are Wacker Chemie AGPosted by Andre on October 14th, 2019 Protective coatings are layering materials applied on various substrate surfaces so that the substrates can be prevented from corrosion and various harmful factors such as corrosion, water resistance, fungal, and various other factors. They are usually applied as an addition to the surfaces and bring more of a functional characteristic instead of an aesthetic appeal. Top Competitors of Market are: Wacker Chemie AG; PPG Industries, Inc.; Akzo Nobel N.V.; The Sherwin-Williams Company; Arkema; Sika AG; RPM International Inc.; Axalta Coating Systems, LLC; HEMPEL A/S; BASF SE; Beckers Group; Induron Protective Coatings; H.B. Fuller Company; Jotun; Kansai Paint Co.,Ltd. and Nippon Paint Holdings Co., Ltd. Global Protective Coatings Market is expected to rise from its initial estimated value of USD 15.81 billion in 2018, to a projected value of USD 25.54 billion by 2026, registering a CAGR of 6.18% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing need for easily applicable products and innovative and effective product offerings. Segmentation: Global Protective Coatings Market Global Protective Coatings Market By Resin (Acrylic, Epoxy, Polyester, Polyurethane, Alkyd, Vinyl Esters, Others) Formulation (Powder-Based, UV-Cured, Water-Borne, Solvent-Borne) End-User (Oil & Gas, Automotive, Infrastructure & Construction, Aerospace, Marine, Industrial, Mining, Power Generation, Others) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 Key Developments in the Market:
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Market Restraints:
Competitive Analysis: Global protective coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of protective coatings market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Key Insights in the report:
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