Chemicals and Materials Performance Coatings Market Growth Status

Performance Coatings Market Growth Expected to Boost by its
Widespread Usage with a CAGR of 6% during 2019- 2027
According to a recently published report by Research Nester on
“Performance
Coatings
Market
Outlook:
Industry
Insights
&
Opportunity Assessment 2019–2027” delivers detailed overview of the
global performance coatings market in terms of market segmentation by
technology and by region.
Further, for the in-depth analysis, the report encompasses the industry
growth drivers, restraints, supply and demand risk, market attractiveness,
BPS analysis and Porter’s five force model.
Performance coatings are widely used in the fields of automotive and
aerospace coatings, industrial coatings, powder coatings, mining and
mineral industry, wastewater treatment, infrastructure, power, oil and gas
and marine sectors. Performance coatings have a good record of adjusting
with surfaces. Its end use includes application on large and small equipment,
components, repair & refurbishment and in almost all light and heavy
industrial segments. Performance coatings can be used on walls, floors,
railings, food and beverage facilities, schools, healthcare facilities, occupied
or confined spaces and office buildings. Widespread usage of performance
coatings is estimated to boost the growth of the global performance coatings
market with a CAGR of 6% over the period 2019-2027.
The global performance coatings market is segmented by resin, coating
technology and end user industry. The resin segment is divided into epoxy,
silicon, polyester, acrylic, alkyd, polyurethane, fluoropolymer and others.
The polyurethane segment is anticipated to have maximum revenue share on