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Global OEM Coatings Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com
May 10, 2021 GMT
Amid the COVID-19 crisis, the global market for OEM Coatings estimated at US$60.9 Billion in the year 2020, is projected to reach a revised size of US$83.3 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.
Powder Coatings, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$37.1 Billion 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 Water-Borne Coatings segment is readjusted to a revised 4.3% CAGR for the next 7-year period.