Composite Coatings Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2024 January 30
SKU : CH3323
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FAQ’s
What are the future growth prospects for the composite coatings market?
The market is expected to reach 7.2% CAGR by 2030, driven by factors like rising demand for lightweight vehicles, infrastructure development in Asia Pacific, and increasing use of composite materials across various industries.
Who are the major players in the composite coatings market?
Global brands like Axalta Coating Systems, A.W. Chesterton Company, PPG Industries, and OM Sangyo Co., Ltd. are shaping the market landscape. These players are focusing on new product launches, expansions, and R&D to cater to evolving customer needs and environmental regulations.
What are the different types of composite coatings available?
Based on application, they include anti-corrosion, thermal protection, UV protection, and others. Anti-corrosion coatings hold the largest market share due to their superior protection against corrosion, especially in demanding industries.
Which region is expected to be the fastest-growing for composite coatings?
The Asia-Pacific region is projected to be the fastest-growing market due to its booming construction and infrastructure development activities.
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