INDUSTRIAL COATINGS MARKET TRENDS, GROWTH, DEMAND FORECAST TO 2020: GRAND VIEW RESEARCH, INC.

Industrial Coatings Market Trends, Growth, Demand Forecast To 2020: Grand View Research, Inc.

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Global industrial coatings market is expected to witness growth owing to increased importance of corrosion resistance, high temperature performance and enhanced service life in automotive, marine, construction and oil & gas industries. Technological development in solvent borne and powder coatings is expected to play a crucial role in promoting industrial coatings market growth over the forecast period. Regulatory support aimed for reducing VOC emission is likely to fuel eco-friendly coatings demand, and is expected to have a positive impact on industrial coatings market in the near future.
Positive outlook towards the oil & gas sector in BRICS is expected to have a positive impact on industrial coatings market over the next six years. Development of unconventional resources such as shale gas and tight oil in the U.S. and Canada is expected to promote the use of industrial coatings as solutions for providing corrosion resistance and wear protection in drilling and exploration applications.

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Aerospace Coatings Market Size, Growth To 2020: Grand View Research, Inc. 4 days 23 hours ago: Aerospace coatings market is expected to witness growth on account of increased preference towards preventive maintenance instead of breakdown maintenance among OEM in aerospace industry. Aerospace coatings possess superior properties such as corrosion, ultra violet, abrasion and heat resistance making it suitable for use in airplane parts thus augmenting demand. Emergence of eco-friendly powder coatings is expected to augment market growth in the near future.
Ceramic Coatings Market Trends, Forecast To 2020: Grand View Research, Inc. 4 days 23 hours ago: Ceramic coatings market is estimated to witness high growth over the forecast period on account of increasing requirement for durable & high performance coating solutions in various end-use industries, especially in automotive, machine manufacturing and aerospace. Growing demand for heat resistant wash proof coatings especially in locomotive & automotive engine manufacturing is anticipated to fuel market growth. Increased material handling and safety standards by governments and regulatory authorities such as SAE, OSHA and FMVSS for automotive parts manufacturing in mature markets of U.S.
Wood Protection Coatings Market Analysis, Growth To 2020: Grand View Research, Inc. 1 week 23 hours ago: Wood protection coatings market is expected to witness significant growth over the next six years on account of rising construction spending coupled with increasing demand for furniture, sliding and decking products. Increasing demand for wood products in luxury cars and cruises is expected to augment demand for protection coatings thereby increasing its market share. Growing demand for wood protection coatings in residential applications including cabinets and floorings is expected to propel market growth.
Polyphenylene Sulfide (PPS) Market Volume To Surpass 170 KTons by 2020: Grand View Research, Inc. 1 day 10 hours ago: The global market volume for Polyphenylene Sulfide (PPS) is expected to be over 170 kilo tons by 2020, according to a new study by Grand View Research, Inc. Growth in global automotive industry; particularly in China is expected to drive the demand for PPS. In addition, the favorable regulatory scenario in China with regards to the automotive industry is expected to further augment the demand for PPS over the forecast period. Grand View Research further observes the growing use of PPS in filter bags, which are used in coal boilers and dust chamber filters.
World Paint & Coatings to 2015 1 year 50 weeks ago: Global demand for paint and coatings is forecast to rise 5.4 percent per year to 45.6 million metric tons in 2015, valued at $142 billion. Advances will be driven by a strong acceleration in world building construction spending, particularly residential construction, which is expected to rebound in North America and Western Europe. Healthy growth in global manufacturing activity will also fuel increased demand for coatings used in the production of motor vehicles and other durable goods, as well as industrial maintenance applications.