Abrasion Resistant Coatings Market worth $11.1 billion by 2024

(EstateNewsWire.com, August 20, 2019 ) The report "Abrasion Resistant Coatings Market by Type (Metal/Ceramic, Polymer), End-Use Industry (Oil & Gas, Marine, Power Generation, Transportation, Mining, Construction), Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2024" The abrasion-resistant coatings market is estimated to grow from USD 8.0 billion in 2019 and is projected to reach USD 11.1 billion by 2024, at a CAGR of 6.5% during the forecast period. The fast curing time and superior properties of abrasion resistant coatings are propelling the market.

Download PDF brochure for more details@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122764842

Polymer is the largest segment of the abrasion resistant coatings market, by type.

Polymer-based abrasion resistant coatings are classified into epoxy, polyurethane, polyester and fluoropolymer coatings. They can be applied to metals, ceramics as well as synthetic materials and are able to resist temperature up to 536°F. They are widely used in general industrial and manufacturing applications. These coatings are also used extensively in refineries, chemical plants, and marine equipment such as offshore drilling platforms and merchant ships.

The power generation end-use industry is projected to register the highest CAGR during the forecast period.

On the basis of end-use industry, the abrasion resistant coatings market can be segmented intooil & gas, marine, power generation, transportation, mining, construction. In the power generation end-use industry, abrasion resistant coatings are used in applications such as wind turbine blades, concrete cooling towers, valves, containment vessels, nuclear components, generators, dam structure, and turbines. The use of abrasion resistant coatings in this industry is mostly to withstand weather conditions.

Don't miss out on business opportunities in Abrasion Resistant Coatings Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=122764842

Browse in-depth TOC on "Abrasion Resistant Coatings Market”
245 - Market Data Tables
34 - Figures
184 - Pages

Europe is the largest market for abrasion-resistant coatings.

Europe accounts for the largest share of the global abrasion resistant coatings market. The growth of the shipbuilding industry is one of the most significant factors contributing to the increased demand for abrasion resistant coatings in this region. Increasing investments in the defense sector and restructuring efforts undertaken by ship manufacturing companies are the other factors driving the abrasion resistant coatings market in Europe.

The leading players in the abrasion-resistant coatings market are AkzoNobel N.V. (Netherlands), Saint-Gobain (France), Jotun A/S (Norway), The Sherwin-Williams Company (US), Hempel A/S (Denmark), Praxair Surface Technologies (UK), Henkel (Germany), and Sika AG (Switzerland).

Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=122764842

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com