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thomas burns
Industrial Coatings Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027
The global industrial coatings market is expected to be valued at USD 101.21 billion in 2027 from USD 81.42 billion in 2019, registering ... moreIndustrial Coatings Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027
The global industrial coatings market is expected to be valued at USD 101.21 billion in 2027 from USD 81.42 billion in 2019, registering a CAGR of 2.7% through the forecast period. Industrial coatings are paints and coatings applied to metal or concrete to safeguard it against corrosion, wear & tear, heat, rust, and algal growth and to add aesthetic value to these surfaces. Industrial coatings are extensively used across a wide range of industries, including buildings & construction, oil & gas, automotive, aerospace, electronics, and various others.
The growth of the global industrial coatings market is primarily attributed to the rising demand for highly efficient and durable coatings, increasing adoption of environmentally sustainable paints and coatings, and the growing demand for these coatings in the construction, marine, electronics, automotive, manufacturing, and aerospace ind... less
Industrial Coatings Market is estimated to grow at a CAGR of 2.7% from USD 81.42 billion in 2019 to USD 101.21 billion in 2027.

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