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Amid the COVID-19 crisis, the global market for Specialty Coatings estimated at US$45.9 Million in the year 2020, is projected to reach a revised size of US$67.2 Million by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027.
Water-borne, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$29.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solvent-borne segment is readjusted to a revised 5.5% CAGR for the next 7-year period.