Industrial Coatings Market Overview, Merger and Acquisitions , Drivers, Restraints and Industry 2021

Thomasburnsrnd25 Mar, 2021Business

The global industrial coatings market is expected to be valued at USD 101.21 billion in 2027 from USD 81.42 billion in 2019, registering a CAGR of 2.7% through the forecast period. Industrial coatings are paints and coatings applied to metal or concrete to safeguard it against corrosion, wear & tear, heat, rust, and algal growth and to add aesthetic value to these surfaces. Industrial coatings are extensively used across a wide range of industries, including buildings & construction, oil & gas, automotive, aerospace, electronics, and various others.

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