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Protective Coatings Market chiefly used to achieve corrosion control, hardness, heat resistance, chemical resistance, and toughness in harsh surroundings. As such, anti corrosion coatings are applied to a surface to ensure protection from external environment, which can otherwise damage the function or integrity of an item or part.
Protective Coatings Market states corrosion protection coatings and acid proof linings are used to protect surfaces against corrosion due to chemical or electrochemical reactions. Corrosion protective coatings are widely used in various end-user industrial coatings, such as marine, oil & gas, power generation, transportation vehicles, chemicals, mining & metallurgy, and water treatment. Protective paint coatings find applications in consumer products as well as in the heavy machinery, marine, automotive, and oil and gas industries.
This Protective Coatings Market report forecasts US protective and epoxy coating demand and shipments in gallons to 2020. Total plea is also forecasted to 2022 in US dollars at the manufacturer’s level. Total demand in gallons is segmented by formulation in terms of solvent-based, water-based, powder coatings, and radiation curable. Total demand in gallons is also segmented by market as follows in industrial maintenance, automotive refinishing, roads and bridges, marine equipment, and other markets.
Increasing activities in Protective Coatings Market shipping, offshore repair and shipbuilding in the Middle East & North Africa in recent years are factors anticipated to drive demand for corrosion protective coating technology in the region over the forecast period. Robust growth in end-user industries such as marine, oil & gas and chemicals will turn and expected to drive growth of the market in the region. Asia-pacific is also expected to account numerous numbers of shares in the coating market. The significant increase and constant rate of changes will lead the market for coming decades as coating is needed for protecting things.
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