The Industrial Liquid Coatings Market size is projected to grow to USD 99.7 Billion in 2027 from USD 81.9 Billion in 2022, at a CAGR of 4.0%, according to a new report by MarketsandMarkets™. Growing demand for Industrial Liquid Coatings due to the increasing demand of environment-friendly coatings.
Increasing demand for environmentally friendly coatings, need for efficient process and durable coatings with better aesthetics, and growing demand from the Asia Pacific region are driving the global industrial liquid coatings market. However, the difficulty in obtaining thin films, requirement of more drying time for water-based coatings are obstructing the overall growth of the market. Attractive prospects for coatings in shipbuilding and pipeline industries and increasing use of nano-coatings are expected to provide opportunities in the industrial liquid coatings market; conversely, stringent regulatory policies are expected to pose a challenge to its growth.
Get an Exclusive PDF Sample Copy of Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264859623
The Asia Pacific is the largest Industrial Liquid Coatings Market during the forecast period.
Asia Pacific encompasses a diverse range of economies with different levels of economic development and multiple industries. The development of the market is mainly attributed to the high economic growth rate followed by heavy investment across industries, such as automotive, consumer goods & appliances, and others. Key players are expanding their Industrial Liquid Coatings production in Asia Pacific, especially in China and India. The advantages of shifting production to the region are the low cost of production and the ability to better cater to the emerging local markets.
The key players profiled in the Industrial Liquid Coatings Market report are:
- Akzo Nobel N.V. (Netherlands),
- PPG Industries (US),
- Sherwin-Williams (US),
- Axalta coating systems, LLC (US), and
- Nippon Paint (Japan).
- others
Browse to Pre Book: https://www.marketsandmarkets.com/preorderreports.asp?id=264859623
Akzo Nobel N.V. is a diversified chemical company. It is active in the fields of decorative paints, performance coatings, and specialty chemicals. Akzo Nobel N.V. has a strong customer base and operates in many countries of Europe, North America, Asia Pacific, South America, and the Middle East & Africa. The company has business activities in more than 80 countries around the world. It has a wide product portfolio which includes brands such as Dulux, Sikkens, Butanox, Elotex, International, and Interpon. The company has 548 offices and manufacturing sites across the globe in countries including China, India, the US, Germany, Brazil, and the UAE among various others.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Follow Us: LinkedIn | Twitter | Facebook
