Stripped: The outbreak of COVID-19 has diminished industry demand and revenue Abstract Paint and Coatings Manufacturing in New Zealand Companies in the industry mix pigments, solvents and binders into paints and coatings. Operators also manufacture allied paint products such as putties, caulking compounds,...
The European paints & coatings market is projected to grow from USD 30.6 billion in 2020 to USD 34.3 billion by 2025, at a CAGR of 2.3% between 2020 and 2025. Economic & demographic growth, increasing residential building activities, growing urbanization, and increase in housing construction expenditure are the important drivers of the European...
Global Green Coatings Market to Reach US$124.2 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Green Coatings estimated at US$92 Billion in the year 2020, is projected to reach a revised size of US$124.2 Billion by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027.Waterborne Coatings, one...
China’s demand for Paint and Coating Chemicals has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
China’s demand for Melamine has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors...
The Asia Pacific electroplating market is expected to grow from US$ 5,080.42 million in 2019 to US$ 7,486.10 million by 2027; it is anticipated to grow at a CAGR of 5.1% from 2020 to 2027. Electroplating or galvanic electrodeposition involves creating a protective coating on a substrate, which offers resistance over corrosion and enhances...
KEY FINDINGS The global paints & coatings market is anticipated to grow with a CAGR of 6.22%, during the forecast period of 2021 to 2028. The key market growth drivers include the increased demand from automotive OEM and aftermarket, and the growing infrastructure and construction industry. MARKET INSIGHTS Paints...
The metal finishing market is expected to register a CAGR of around 6% during the forecast period. The factors driving the growth of the market studied are increasing demand for durable, wear-resistant, and long-lasting metal products and increasing demand for electric vehicles in the Asia-Pacific region. On the flipside, environmental restrictions...
Executive Summary According to the report, the Global Paints and Coatings market was valued at USD 161.27 billion in the year 2019 and xx Thousand Tones by volume with Asia Pacific leading the regional market share. Growing demand for elastomeric coating in concrete construction, provision of tough layers with improved...