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Composite Coatings Market by Technique, Application, End-Use Industry, Region - Global Forecast to 2022

Composite Coatings Market: Global Forecast until 2022

  • June 2017
  • 137 pages
  • ID: 4950108
In this report:
The transportation sector is followed by the aerospace & defense end-use industry, which accounted for ##.##% of the overall market in 2016.
The composite coatings market in the oil & gas end-use industry is projected to register a CAGR of ##.##%, between 2017 and 2022.
What is the percentage contribution of the following applications to the global composite coatings market? What are the key factors that are expected to drive the fastest-growing segment of the market in the next five and ten years? (Kindly validate the market segmentation and let us know if we are missing anything or if these segments are overlapping)

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The composite coatings market is expected to register a compound annual growth rate (CAGR) of 7.7% during the forecast horizon

The composite coatings market is estimated to grow $1306.80M by 2022, at a compound annual growth rate of 7.70 percent between 2017 and 2022. The main drivers stimulating the composite coatings market are, growing demand for composite coatings for anti-corrosion and self-lubrication in the transportation and anti-corrosion and chemical resistance in the oil & gas market. The high production cost is a factor restraining the composite coatings market.

Transportation is the quickest-growing segment in the composite coatings market

Transportation is the quickest increasing application market of composite coatings between 2017 and 2022, as the use of these advanced coatings offers greater rigidity and a self-lubrication in comparison to other coatings. Composite coatings offer corrosion resistance, operational & dimensional stability at high temperatures, and self-lubrication, thus leading to rising usage in the transportation end-use market.

North America continent is the quickest increasing market for composite coatings

North America (NA) is anticipated to be the quickest developing market for composite coatings between 2017 and 2022. The main factors that are anticipated to contribute to this increase are the growing demand for composite coatings from the transportation, aerospace & defense, and oil & gas end-use sectors. Growing demand for composite coatings for anti-corrosion and self-lubrication in the transportation and anti-corrosion and chemical resistance in the oil & gas sector are some of the factors driving the industry demand for composite coatings in the North American area.

This analysis has been approved through primaries managed with different market experts, globally. Those primary sources have been sliced into the following three categories:

• By type of company- tier 1 35.0 percent, Tier 2 25.0 percent, and Tier 3 40.0 percent

• By designation- C Level- 30.0 percent, Director Level- 25.0 percent, and Others- 45.0 percent

• By region- North america (NA)- 30%, Asia-pac- 30%, EU- 25.0 percent, Middle East area & African continent - 10.0 percent, and Latin America area - 5.0 percent

The market research offers a comprehensive review of the firms listed below:

• PPG Markets, Incorporated,

• Axalta Coating Systems, Limited liability company

Segment Research

This business report includes the overall composite coatings market and forecasts the market value until 2022. The industry report includes the market segmentation by technique (laser melt injection, brazing, electroless plating, and others), by application (anti-corrosion, UV protection, thermal protection, and others), end-use sectors (aerospace & defense, transportation, oil & gas, industrial, and others) and area (North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME) & African continent, and Latin America area). Porter's five forces analysis together with the drivers, industry restraints, possibilities and opportunities have also been discussed in the study. Additionally it offers company descriptions and competitive landscape approved by the main market players in the overall composite coatings market.

Why Purchasing This Study Can Help You:

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall composite coatings market comprehensively and offers the closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

2. The market research benefits partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners better comprehend players and obtain additional insights to better their positions in their businesses. The competitive outlook section includes the competitor ecosystem, recent product launches, strategic agreements, business developments, and mergers & acquisitions.

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