Anti-corrosion coatings have become a necessity for industries to safeguard the huge investments they make in terms of money, property and safety of workers. These coatings are used extensively in industries such as marine, oil and gas, petrochemical, infrastructure, and power generation, among others. The global high-performance anti-corrosion coating market size was estimated to be USD 10.5 billion in 2018.
There are opportunities to create and uncover value in sales, margin, throughput and cost, leveraging new business models in emerging markets, commercial and operational efficiencies including new distributed manufacturing methods, supply chain optimization, application methods and equipment and coating services.
According to a study by Global Market Insights Inc., the pressure-sensitive adhesives market is set to grow from its current market value of more than $6 billion to over $9.5 billion by 2024.
According to a new industry report offered by Global Market Insights Inc., the leisure boat marine coatings market is forecast to reach a revenue of $1.9 billion by 2024 with a projected compound annual growth rate of 6.5% over the period of 2017 to 2024.
A new Fact.MR study foresees promising growth prospects for the cool roof coatings market, with a volume increase in 2018 over 2017 estimated at nearly 39,000 metric tons.
The demand for pigments in the coatings industry has increased in the recent past, in line with end-users' search for environment-friendly and cost-effective solutions that have a longer shelf life.
The architectural coatings market is anticipated to witness moderate growth in the coming years, with demand in 2018 expected to have surpassed 33,000,000 tons, according to the latest report by Fact.MR.
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