Transportation Application to Dominate Composite Coatings Market
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...