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Market Leader – Polymer Modified Cementitious Coatings Market

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The polymer modified cementitious coatings market is estimated at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, at a CAGR of 6.5% from 2020 to 2025. The residential segment is estimated to lead the polymer modified cementitious coatings market in 2020, owing to The growing urbanization and migration of people from rural areas to urban cities are important factors driving the housing sector. Rising government initiatives to support infrastructure development and construction activities in emerging countries of the Asia Pacific region offer lucrative growth opportunities to manufacturers of polymer modified cementitious coatings. The recent outbreak of the COVID-19 pandemic and its rapid spread across the world has led to economic disruption and has brought down construction activities. Trade, travel, retail, and manufacturing activities have been affected, and the production of construction chemicals has come to a standstill during the first three months of...
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Drivers Increasing awareness and rising emphasis on safety measures driving the Fire-resistant Coatings Market

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The increasing number of fire accidents, which result in injuries, loss of life, and damage to property, has led to the implementation of various codes, regulations, and standards for fire safety and fire protection. In this regard, Europe and North America have the highest number of safety codes and regulations as compared to other regions. In the US, the International Code Council (ICC) and the National Fire Protection Association (NFPA) had recommended several standards and norms pertaining to fire safety and protection in buildings, infrastructure, and industrial sector. In the UK and Germany, under British standard 476 and ETA & DIN 4102 standard, several regulations were imposed related to fire safety and standard in building construction steelwork. In Russia, Federal Law No. 123-03 and GOST R 53295-2009 were imposed in July 2008, wherein technical regulation related to fire safety in building and construction activities was mandated to ensure safety and protection from fire ...
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COVD-19 impact on the Conformal Coating Market

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  The Conformal coatings market is estimated to be USD 807 million in 2020 and is expected to reach USD 1,081 million by 2025 at CAGR of 6.0%. The factors promoting the growth of the market are the increasing number of PCB manufacturers in the APAC region and growing demand from high end applications that require the use conformal coatings. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=216347388 The conformal coating market is impacted by the COVID 19, due to the disruption caused by it in the end-use industries globally: The automobile industry is heading toward a year of significant decline as a result of extended lockdowns, impact in production, and fall in consumer demand. Sales volumes of passenger and commercial vehicles are projected to drop to levels not seen in over a decade. The automotive industry is struggling with an abrupt and widespread stoppage of economic activity, as workers are advised to stay home, supply chains grind to a ...
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Need for efficient process and durable coatings with better aesthetics driving Industrial Coatings Market

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The market for industrial coatings is estimated to grow from USD 85.2 billion in 2020 to USD 103.2 billion by 2025, at a CAGR of 3.9% during the forecast period. Industrial coatings are thin films applied to steel, concrete, and other materials to augment specific properties such as corrosion resistance, wear resistance, conductivity, and so on. Industrial coatings are manufactured with conventional polymers such as epoxy, polyurethane, acrylic, alkyd, polyesters, and fluoropolymer. The industrial coatings market depends heavily on the performance of the end-user industries such as protective, automotive, aerospace, marine, wood, packaging, coil, rail and general industrial equipment. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=746 Nowadays, industrial coating products are sold with a multi-year guarantee against corrosion, mostly as a result of improvements in the performance of coatings. In addition to improved performance, manufacturers are contin...
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Transportation Application to Dominate Composite Coatings Market

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The  composite coatings market  was USD 840.0 Million in 2016, and is projected to reach USD 1,306.8 Million by 2022 at a CAGR of 7.7% from 2017 to 2022. The composite coatings market is driven by the increasing demand for anti-corrosion and self-lubrication in the transportation industry and chemical resistance and anti-corrosion in the oil & gas industry. Also, technological advancements in the mass production of composite coatings is one of the factors driving the composite coatings market globally. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=134703489 The major end-use industries in the composite coatings market include transportation, oil & gas, industrial, and aerospace & defense. The transportation end-use industry constituted a major part of the composite coatings market. Composite coatings offer superior properties, including uniform thickness, stiffness, and accuracy and so on, in comparison to traditional co...
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Location: North America
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