Friday 26 July 2019

At 7.2% CAGR, Composite Coatings market size Set to Register 2290 Mn USD by 2025

Composite Coatings Market Research Report is a professional and in-depth study on the current state of the global industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Composite Coatings Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions development status.
Global Composite Coatings market size will increase to 2290 Million US$ by 2025, from 1310 Million US$ in 2018, at a CAGR of 7.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Composite Coatings.
The composite coatings, by application, is further segmented into anti-corrosion, UV protection, thermal protection, and others. Composite coatings for the anti-corrosion application comprise a major market share due to their properties such as uniform coating thickness, accuracy, and consistency, and so on. Due to these features, they are utilized in large volumes in industries such as transportation, industrial, and oil & gas.

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