The winning Plastic Coatings market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via Plastic Coatings report.
An international Plastic Coatings market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving Plastic Coatings report has answers to many important questions that companies may have when operating in the Plastic Coatings industry.
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Global Plastic Coatings Market Analysis and Size
Over the last few years, there has been immense growth in the chemical industry. Additionally, there has been strong development in automobile and aerospace industry sector, which have significantly contributed to the plastic coating market, which further increases the overall growth for the market.
- Global Plastic Coatings Market was valued at USD 6.65 billion in 2021 and is expected to reach USD 11.34 billion by 2029, registering a CAGR of 6.9% during the forecast period of 2022-2029. The "PFPE-K" accounts for the largest type segment in the plastic coatings market owing to its increased application in the manufacturing of engines and machines. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Global Plastic Coatings Market Definition
A plastic coating is a layer of liquid polymers or plastic applied to the surface of a workpiece that gives metals a thick, wear-resistant finish that seals out water and air, preventing corrosion. Thermal resistance, abrasion resistance, chemical resistance, UV resistance, lubrication, mechanical property enhancement, surface polish, and aesthetics are some of the other functional uses of plastic coatings. This improves the metal's durability and extends its useful life. It also provides the end-user with convenience and protection by offering gripping and insulating surfaces.
Global Plastic Coatings Market Scope
The plastic coatings market is segmented on the basis of plastic type, process type, form and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Plastic Type
- PVC
- Polyurethane
- Polyester
- Fluoropolymer
- Polyamide
- Polyethylene
- Other Plastic Types
On the basis of plastic type, the plastic coatings market has been segmented into PVC, polyurethane, polyester, fluoropolymer, polyamide, polyethylene and other plastic types.
Process Type
- Dip Coating
- Spray Coating
- Electrophoretic Painting
The plastic coatings market has also been segmented on the basis of process type into dip coating, spray coating and electrophoretic painting.
Form
- Liquid
- Powder
On the basis of form, the plastic coatings market is segmented into liquid and powder.
End-user Industry
- Automotive
- Building and Construction
- Aerospace and Defense
- Electronics
- Consumer Appliances
- Other End-user Industries
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Major Key Players of the Report
Some of the major players operating in the plastic coatings market are
- DuPont (U.S.)
- BASF SE (Germany)
- The Sherwin-Williams Company (U.S.)
- PPG Industries, Inc. (U.S.)
- Axalta Coating Systems (U.S.)
- Akzo Nobel N.V. (Netherlands)
- The Valspar Corporation (U.S.)
- Bayer AG (Germany)
- Kansai Paint Co.,Ltd. (Japan)
- Clariant (Switzerland)
- Wacker Chemie AG (Germany)
- 3M (U.S.)
- Eastman Chemical Company (U.S.)
- NIPPON PAINT (Japan)
- Diamond Vogel (U.S.)
Plastic Coatings Market Regional Analysis/Insights
The plastic coatings market is analysed and market size insights and trends are provided by country, plastic type, process type, form and end-user industry as referenced above.
The countries covered in the plastic 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.
North America dominates the plastic coatings market because of the greater prevalence of automotive, aerospace and defense, and industrial machinery manufacturing industries, which leads to higher demand for plastic coatings within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth as the burgeoning construction and automotive industries in this region are responsible for the region's rapid growth. Moreover, the automobiles and industrial appliances are becoming increasingly manufactured in this region. As a result, market growth will be fueled by the substantial growth of these major end-user industries in this area over the forecast period within the region.
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