Need for efficient process and durable coatings with better aesthetics driving Industrial Coatings Market
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...