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Global Powder Coatings Market Outlook Report 2021-2026: Focus on Thermoset Resin, Epoxy, Epoxy Polyester, Polyester, Polyurethane, Thermoplastic Resin
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Decorative Coatings Market Size to Reach Revenues of over USD 78 Billion by 2026 - Arizton
CHICAGO, April 23, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global decorative coatings market report.
The decorative coatings market is expected to grow at a CAGR of over 5% during the period 2020-2026.
Key Highlights Offered in the Report:
The global decorative coating and paints market is witnessing high growth on account of growing number end-use industries and technological advancements. The economic growth in developing countries, investments on infrastructure, and construction sector stringent environmental regulations, growing purchasing power, and rising demand for green and environmentally friendly coatings are leading the growth of the market.
Powder Coatings Market - Global Outlook and Forecast 2021-2026
The global powder coating market size is expected to reach USD 14 billion by 2026, exhibiting a CAGR of 6% during 2021-2026.
CHICAGO, ILLINOIS, UNITED STATES, April 22, 2021 /EINPresswire.com/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global powder coating market report.
The powder coating market is expected to grow at a CAGR of approximately 6% during the period 2020−2026.
Key Highlights Offered in the Report:
1. APAC is the largest region for the powder coatings market and contributes over 54% to the overall powder coatings market. Major countries supplementing the growth of powder coatings in APAC are China, India, Japan, and other Southeast Asian countries.
The global powder coatings market by revenue is expected to grow at a CAGR of approx 6% during 2020–2026
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The protective coatings market by revenue is expected to grow at a CAGR of approx. 6% during the period 2021-2026.
The global protective coatings market is expected to grow over 1.4X times in terms of revenue during the forecast period. In 2020, the market witnessed reasonable growth, with over 41% of the share contributed by the APAC market, especially India, China, and Japan. The growth of protective coatings in the European region has been boosted by the development in oil and gas segments and investments in various infrastructure projects during 2015-2019.
The growth of protective coatings in the European market declined in 2020 due to the outbreak of the COVID-19, which resulted in the abrupt downturn in the European construction market. The market has been highly affected by the COVID-19 outbreak due to variations in the construction business and raw material prices, production of raw material, and
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