atulpmrMay 19, 2021 5
Ever since paint was first used in the Stone Age, the paints and coatings market has come a long way. The paints and coatings market, to be successful and flourishing, relies heavily on innovation and never-ending technological advancement. The latest advancements in the paints and coating industry preparation and application are pushing the boundaries further- preparing to use paint in bigger and better ways. From focus on innovating paints to control temperature to using nanotechnology, over the years, the paints and coatings market has witnessed a surge of technological advancements and innovations. Raw material and paint and coatings manufacturers are continually working on developing ‘intelligent paints’.
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Amid the COVID-19 crisis, the global market for Metal Coatings estimated at US$12.8 Billion in the year 2020, is projected to reach a revised size of US$19 Billion by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.
Polyester, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$5.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plastisol segment is readjusted to a revised 5.6% CAGR for the next 7-year period.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global OEM Coatings Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com
May 10, 2021 GMT
Amid the COVID-19 crisis, the global market for OEM Coatings estimated at US$60.9 Billion in the year 2020, is projected to reach a revised size of US$83.3 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.
Powder Coatings, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$37.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Water-Borne Coatings segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
/PRNewswire/ Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed the expansion of its waterborne.