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Comprehensive Study on Specialty Coatings Market 2020 to 2026 | Top Companies like Ashland, Evonik, PPG Insustries, Akzo-Nobel, Henkel

Specialty Coatings market

Specialty Coatings Market Research: Global Status & Forecast by Geography, Type & Application (2016-2026) is dispensed after a thorough study of various key market segments such as market size, latest trends, market threats and key drivers driving the Specialty Coatings market. The Specialty Coatings market research report provides complete information on product development, market sales, regional trade, investment calculations, regional market, and other important features of the Specialty Coatings market. Initially, the Specialty Coatings market report shares key aspects of the industry with the details of the impact and Specialty Coatings industry experts maintain a consistent survey with innovative trends, share, and cost.

Specialty Coatings market by key players:

  • Ashland
  • Evonik
  • PPG Insustries
  • Akzo-Nobel
  • Henkel
  • BASF
  • Sherwin-Williams
  • Dow Chemical
  • Sumitomo
  • DuPont
  • Valspar
  • Nippon
  • Mitsubishi
  • HuaRun
  • Carpoly
  • Mitsui
  • Specialty Coating Systems
  • U.S. Specialty Coatings
  • Augusta Specialty Coatings
  • Expera Specialty Solutions
  • Masterbond
  • Axalta
  • SCI Specialty Coatings
  • Cross-Roads Coatings
  • Quest Specialty Chemicals
  • PolyOne Specialty Coatings

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Specialty Coatings market by regions:

  • North America: United States, Canada, and Mexico
  • South and Central America: Argentina, Chile, and Brazil.
  • Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
  • Europe: Germany, UK, France, Italy, Spain, and Russia.
  • Asia Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

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Specialty Coatings product types are primarily segmented into:

  • Conformal Coating
  • Corrosion Resistant Coating
  • Shielding Coating
  • Optical Coating
  • Wear Resistant Coating
  • Others

Specialty Coatings market

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Specialty Coatings applications studied are:

  • Automotive
  • Marine
  • Aerospace & Defense
  • Construction
  • Electronics
  • Others

Key Research Methodology

The main sources are industry experts from the Specialty Coatings industry, including management organizations, processing organizations, and analytical services providers that address the value chain of industry organizations. We interviewed all major sources to collect and certify qualitative and quantitative information and to determine future prospects. The qualities of this study in the industry experts industry, such as CEO, Vice President, Marketing Director, Technology and Innovation Director, Founder and Key Executives of key core companies and institutions in major Specialty Coatings around the world in the extensive primary research conducted for this study we interviewed to acquire and verify both sides and quantitative aspects.

Key highlights of the Global Specialty Coatings market report:

  • Market share & sales revenue by key players & emerging regional players. [Some of the players covered in the study are Ashland, Evonik, PPG Insustries, Akzo-Nobel, Henkel, BASF, Sherwin-Williams, Dow Chemical, Sumitomo, DuPont, Valspar, Nippon, Mitsubishi, HuaRun, Carpoly, Mitsui, Specialty Coating Systems, U.S. Specialty Coatings, Augusta Specialty Coatings, Expera Specialty Solutions, Masterbond, Axalta, SCI Specialty Coatings, Cross-Roads Coatings, Quest Specialty Chemicals, PolyOne Specialty Coatings].
  • Gap analysis by region. The country-level break-up will help you dig out trends and opportunities lying in a specific area of your business interest.
  • Revenue splits by most promising business segments. [By Type (Conformal Coating, Corrosion Resistant Coating, Shielding Coating, Optical Coating, Wear Resistant Coating, Others), By Application (Automotive, Marine, Aerospace & Defense, Construction, Electronics, Others), and any other business segment if applicable within scope of report.]
  • A separate chapter on market entropy to gain insights on leader’s aggressiveness towards market [Merger & Acquisition / Recent investment and key developments.]
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • Competitive Landscape: Company profile for listed players with SWOT Analysis, Business Overview, Product/Services Specification, Business Headquarter, Downstream Buyers, and Upstream Suppliers.
  • Market forecasts with respect to applications, product types, and regions.

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Key questions answered in Specialty Coatings market report:

  1. How big is the Specialty Coatings market?
  2. What trends, challenges, and barriers are influencing its growth?
  3. How is the ecosystem evolving by segment and region?
  4. Which vertical markets will see the highest percentage of growth?
  5. How do standardization and regulation impact the adoption of Specialty Coatings in other sectors?
  6. Who are the key players in Specialty Coatings market and what are their strategies?
  7. What strategies should Specialty Coatings suppliers and vertical domain specialists adopt to remain competitive?
  8. How to build business strategies by identifying the key market segments poised for strong growth in the future?

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Worldwide Specialty Coatings Market Outlook to 2024: Emerging Trends and Will Generate New Growth Opportunities Status

Specialty Coatings

There is a continuous growth in “Specialty Coatings” Market in last five years and also continue for the forecast year 2023. Specialty Coatings industry report analyses the outline of the global market with respect to major regions and segmented by types and applications. Specialty Coatings Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.

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The global specialty coatings market is estimated to witness a CAGR of 5.5% during the forecast period. Asia-Pacific is expected to hold the largest share of the market owing to the growing construction industry in the region. Water-borne technology is the fastest growing technology.

Automotive Production Rise in Asia-Pacific and Europe

According to ACEA (European Automobile Manufacturers’ Association), the global production of motor vehicles was around 96 million units in 2016. Asia-Pacific and Europe have been the prime regions supporting the growth of automotive production, with year-on-year growth rates of 7.6% and 2.5% respectively for 2015–2016.

China, India, Philippines, and Vietnam are turning out to be potential markets for demand and supply of automobiles with many automotive manufacturers placing their manufacturing and assembly plants in these countries. This can be attributed to the availability of labor at low cost, raw material prices, and rising urban population in the region. Major car manufacturers such as Chevrolet, Daimler, Jeep, Audi, Volvo, Kia, etc., have either set up their automotive manufacturing facilities or are planning to start new facilities in the Asia-Pacific region shortly. This supports the use of coatings for the automotive industry to a major extent, in turn, helping the overall growth of the paints and coatings market.

Water-borne Technology Holds the Largest Share

Water-borne coatings hold the major share in the overall specialty coatings market. The major reason for its gain over solvent-borne is because of its environment-friendly nature as it is lower in volatile organic compounds, which degrade the environment. Also, other properties like low odor, more durability, and more block resistance make water-borne paints more preferable.

The water-borne specialty coatings market is driven by factors, such as increasing consumer awareness about VOC emissions and growing environment regulations. REACH, a government initiative in Europe was adopted to improve human health and the environment from the risks that can be constituted by chemicals, while enhancing the competition in European chemicals industry. Also, promoting alternative methods for hazard assessment of substances to reduce tests on animals is increasing the demand for coatings with low VOC content, such as water-borne coatings.

Asia-Pacific to Dominate the Market

Asia-Pacific had the largest share in the global market, accounting for more than 40% in 2017. The rapidly growing construction industry, primarily in China and India, is a major factor driving the demand for specialty coatings in the region. North America is also expected to register a significant growth rate, primarily due to the rise in residential houses sales, coupled with the renovation of the existing houses, which is expected to boost the demand for residential construction.

Notable Developments in the Market

November 2017: AkzoNobel announced plans to separate its specialty chemicals business from paints and coatings and sell it to an affiliate of the AkzoNobel Group for INR 320 crore.
June 2017: Sherwin-Williams completed the acquisition of Valspar to become the global leader in paint and coatings.
Major Players include PPG Industries, Akzo Nobel N.V., The Sherwin Williams, and RPM International, amongst others.

Major Regions: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia

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Reasons to Purchase this Report:

  • Analysing various perspectives of the Specialty Coatings market size with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness fastest Specialty Coatings market growth during the forecast period.
  • Identify the latest developments, Specialty Coatings market shares and strategies employed by the major market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

Major Points Covered in Table of Content of Specialty Coatings Market forecast 2023

1. Introduction of Specialty Coatings Market Report

1.1 Study Deliverables

1.2 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Study Phases

2.4 Econometric Modelling

3. Executive Summary

4. Market Overview and Specialty Coatings Market Trends

4.1 Introduction

4.2 Market Trends

4.3 Porter’s Five Force Framework

4.3.1 Bargaining Power of Suppliers

4.3.2 Bargaining Power of Consumers

4.3.3 Threat of New Entrants

4.3.4 Threat of Substitute Products and Services

4.3.5 Competitive Rivalry within the Industry

5. Specialty Coatings Market Dynamics

5.1 Drivers

5.2 Restraints

5.3 Opportunities

6.Global Specialty Coatings Market, Segmented by Size

7. Global Specialty Coatings Market, Segmented by Technology Type

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8. Global Specialty Coatings Market, Segmented by Geography

8.1 North America

8.1.1 United States

8.1.2 Canada

8.1.3 Mexico

8.1.4 Others

8.2 South America

8.2.1 Brazil

8.2.2 Argentina

8.2.3 Others

8.3 Asia-Pacific

8.3.1 China

8.3.2 Japan

8.3.3 India

8.3.4 Others

8.4 Europe

8.4.1 United Kingdom

8.4.2 Germany

8.4.3 France

8.4.4 Others

8.5 Africa and Middle East

8.5.1 UAE

8.5.2 South Africa

8.5.3 Saudi Arabia

8.5.4 Others

9. Competitive Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Developments of Key Players

10. Key Vendor Analysis (Overview, Products & Services, Strategies)

11. Future Outlook of the Market

12. Disclaimer

And Many More……….

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