Global High-Performance Coatings Market, By Type (Epoxy, Silicon, Polyester, Acrylic, Alkyd, Polyurethane, Fluoropolymer, Ceramic, Others), Coating Technology (Solvent-based, Water-based, Powder-based, UV-Cured), Spray Technology (Thermal Spray Coating, Chemical Vapor Deposition (CVD), Physical Vapor Deposition (CVD), Sol-Gel, Others), End-User Industry (Building and Construction, Automotive and Transportation, Industrial, Aerospace and Defence, Marine, and Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global High-Performance Coatings Market
Data Bridge Market Research analyses that the high-performance coatings market will witness a CAGR of 4.96% for the forecast period of 2021-2028 and is likely to reach at USD 138.21 billion by 2028.
Surfaces and structures that require increased durability, chemical resistance, and abrasion resistance are coated with high-performance coatings. They are created with the principal function in mind, which is to protect the surface. High-performance coatings protect the surface from external abuse and use by acting as a shield. Its use may be found in various industries, including industrial, transportation, automotive and marine, among others.
Rise in the construction activities in developing countries, exceptional properties possessed by high performance coatings are the major factors influencing the growth of high-performance coatings market. Furthermore, growing demand for high performance coatings from the end-user industries will accelerate the high-performance coatings market growth rate.
Also, rise in research and development activities and emerging new markets will provide beneficial opportunities for the high-performance coatings market growth.
However, high cost of production will hamper the growth of the high-performance coatings market. Solvent-based adhesives are being phased out to reduce VOC emissions will challenge the high-performance coatings market growth rate.
This high-performance coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on high-performance coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High-Performance Coatings Market Scope and Market Size
The high-performance coatings market is segmented on the basis of type, coating technology, spray technology and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the high-performance coatings market is segmented into epoxy, silicon, polyester, acrylic, alkyd, polyurethane, fluoropolymer, ceramic and others.
- On the basis of coating technology, the high-performance coatings market is segmented into solvent-based, water-based, powder-based and UV-Cured.
- On the basis of spray technology, the high-performance coatings market is segmented into thermal spray coating, chemical vapor deposition (CVD), physical vapor deposition (CVD), sol-gel and others.
- On the basis of end-user industry, the high-performance coatings market is segmented into building and construction, automotive and transportation, industrial, aerospace and defence, marine, and others.
High-Performance Coatings Market Country Level Analysis
The high-performance coatings market is analysed and market size, volume information is provided by country, type, coating technology, spray technology and end-user industry as referenced above.
The countries covered in the high-performance coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the high-performance coatings market and will continue to flourish its dominance during the forecast period due to rapid urbanization, rising construction activities, and growing demand of high-performance coatings from various end-user industries such as aerospace and defense sectors. However, Europe and North America will continue to project the highest CAGR for this period because of the high demand for high-performance coatings and increased production capacities of leading companies.
The country section of the high-performance coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High-Performance Coatings Market Share Analysis
The high-performance coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high-performance coatings market.
The major players covered in the high-performance coatings market report are Evonik Industries AG, Alnor Oil Co Inc, KRATON CORPORATION, BASF SE, Cargill, Incorporated, Eastman Chemical Company, Procter & Gamble, Evonik Industries, Godrej, PPG Industries, Inc., Emery Oleochemicals, PTT Global Chemical Public Company Limited, Jet-Hot, Inc., ICD High Performance Coatings, SPI Performance Coatings, EverCoat Industries Sdn Bhd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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