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

The rising cost of raw materials, particularly epoxy resins, and supply chain disruptions are presenting significant challenges for paint and coatings manufacturers in the plastic coatings market. This, coupled with ongoing pressures from the COVID-19 pandemic, is putting strain on the industry.

The plastic coatings market is moderately competitive, with both local and global companies vying for market share. Key players include PPG Industries, Bayer AG, Axalta Coating Systems, AkzoNobel, 3M, Eastman Chemical Company, and others. These companies are actively pursuing growth strategies such as product launches, acquisitions, and collaborations to solidify their positions in the market.