Performance Coating Market, by Resin (Epoxy, Polyester, Acrylic, Polyurethane), Application (Transportation, Consumer Goods, Buildings and Infrastructure, Industrial Sector) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

Performance coatings are varnishes that enhance the performance of surfaces and are proof against high temperatures, corrosion and abrasion. A performance coating is an inexpensive choice for delivering cosmetically participating, sturdy finishes to a product. It’s a good technology that's environment-friendly and comes during a style of color combos. It may be employed in minute-sized parts. Performance coatings satisfy the primer in addition as basecoat necessities. Performance coatings are used generally within the fields of automotive and region coatings, industrial coatings, powder coatings, mining and mineral business, waste material treatment, infrastructure, power, oil and gas and marine sectors.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the performance coating market. The scope of this report covers the performance coating market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

• In-depth analysis of the market ecosystem and its impact on the revenue growth
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

• The major market driver for performance coatings is their widespread adoption in a very wide selection of commercial sectors. The producing sector’s rampant growth in recent years has been very important for the performance coatings market, creating sectors like trade goods, automotive, and part probably to stay key contributors to the market. The enhancements provided by performance coatings became very important within the producing sector, creating it probably to stay a vital driver for the world performance coatings market.
• The power sector is additionally probably to emerge as a serious contributor to the world performance coatings market. Technical advancements in facility infrastructure square measure probably to drive demand for performance coatings, whereas the rising demand for energy sources like star is additionally probably to steer to growing demand from the performance coatings market.
• The solar power sector specifically is probably going to exhibit steady growth within the demand for performance coatings, as they play an important role in maximizing the utility of solar power installations.

Regionally, the global market for performance coating is segmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, APAC region other than Japan will lead the global market for performance coatings over the forecast period. Europe is the other dominant market leader in the global market for performance coatings owing the propagation of the developed sector in the region. Performance coatings add a good vary of conditions and have a decent record of adjusting quicker with the surfaces. Its finish use includes application on massive and little instrumentation, components, repair& renovation and in most light-weight and significant industrial segments.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s performance coating market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the performance coating market by the following segments:

• Performance Coating Market, by Resin
  • Epoxy
  • Polyester
  • Acrylic
  • Polyurethane
• Performance Coating Market, by Application
  • Transportation
  • Consumer Goods
  • Buildings and Infrastructure
  • Industrial Sector

KEY MARKET PLAYERS

Key players in the performance coating market include:

• AkzoNobel NV
• Masco Corporation
• Hempel A/S
• Jotun A/S
• The Valspar Corporation
• Axalta Coating Systems Ltd.
• Nippon Paint Holding Co. Ltd.
• BASF SE
• PPG Industries Inc.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

• NORTH AMERICA
  • U.S.
  • Rest of North America
• EUROPE
  • France
  • Germany
  • U.K.
  • Rest of Europe
• ASIA-PACIFIC
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• MIDDLE EAST & AFRICA
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• LATIN AMERICA
  • Brazil
  • Rest of Latin America

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