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Worldwide Smart Coatings Industry to 2026 - Growing Demand From Automotive Industry Presents Opportunities

Worldwide Smart Coatings Industry to 2026 - Growing Demand From Automotive Industry Presents Opportunities
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Worldwide Smart Coatings Industry to 2026 - Growing Demand From Automotive Industry Presents Opportunities

Worldwide Smart Coatings Industry to 2026 - Growing Demand From Automotive Industry Presents Opportunities
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United States , South Africa , Eastern Cape , Saudi Arabia , South Korea , Carre Deutschland , Silco Tek , Laura Wood , Protech Oxyplast , Properties Of Smart Coatings , John Desmond , Office Hours Call , Research Methodology , Dow Silicon Corporation , User Industries , International Inc , Key Company Profiles , E St Office Hours Call , Parker Hannifin , Research Objectives , Ztek Corporation , Flora Coatings , Coatings Market , Automotive Industry , North America , Axalta Coating Systems ,

Outlook on the Smart Coatings Global Market to 2026 - by Layer, Function and Geography

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The global smart coatings market by revenue is expected to grow at a CAGR of over 18% during 2020-2026.
APAC expects to witness the highest incremental growth of over 178% during 2020-2026. The availability of inexpensive labor and the easy accessibility of raw materials have shifted the attention of global automotive manufacturers toward the region, which indirectly influence the smart coatings market share. Marine, consumer electronics, and automotive industries are driving the demand from China. China accounts for approximately 90% of shipbuilding activities globally; hence the demand for anti-fouling and anti-corrosive coatings is expected to be reasonably high.
Owing to rapid industrialization and foreign investments, China expects to be the significant growth driver in the region. However, the APAC infrastructure sector, which has been affected by the outbreak of the COVID-19 pandemic, has witnessed unprecedented dis ....

United States , South Africa , Eastern Cape , Saudi Arabia , South Korea , Carre Deutschland , Silco Tek , Laura Wood , Protech Oxyplast , Properties Of Smart Coatings , John Desmond , Office Hours Call , Research Methodology , Dow Silicon Corporation , User Industries , International Inc , Key Company Profiles , E St Office Hours Call , Parker Hannifin , Research Objectives , Ztek Corporation , Flora Coatings , Coatings Market , North America , Axalta Coating Systems , Prism Surface Coatings ,