Abrasion Resistant Coatings Market

Abrasion Resistant Coatings Market is expected to grow from USD 6.63 Billion in 2017 to USD 11.48 Billion by 2026, at a CAGR of 6.3% between 2017 and 2026. Abrasion, is known as grinding or wearing away due to friction, is a factor on any industrial part, no matter the hardness. Abrasion-resistant Coatings used to avoid the wearing away of parts and equipment due to mechanical or contact related forces. Abrasion resistant coatings is also known as sliding wear coatings and spray coatings that are used in several different industries, from aerospace and automotive to electronics — for various reasons. For example, airport surfaces, the paint used to mark parking spots, and streets all require wear coatings for longevity. These abrasion resistant coatings ensure that the object is safe from corrosion during repeated use. Rising demand for high temperature polymer-based coatings, increasing demand for abrasion resistant coatings in emerging markets, growing demand from rising economies and superior qualities requirements of ceramic based coatings, high demand from industrial sector, coupled with increasing demand for high performance coatings are the major factors driving the abrasion resistant coatings market. However, High capital investment and environmental & safety concerns, along with slow growth in industrial and infrastructure sectors in Europe is restraining the market growth. Further key findings from the report: • In metal/ceramic segment the oxide sub-segment accounted for the largest share of abrasion resistant coatings market in 2016, in terms of value as well as volume. Properties of oxide abrasion coatings such as excellent wear and chemical resistant contributed to growth of this segment. • Germany and France is expected to drive this market owing to rising demand for environmental friendly or volatile organic compounds (VOCs)-free abrasion resistant coatings in these countries. • Among geographical regions, North America accounted for the largest share of the global abrasion resistant coatings market. This is due to improving economy, coupled with increased demand from oil & gas, industrial, marine, and power generation • The rising industry is anticipated to drive the Asia Pacific market for abrasion resistant coatings in the future years. Countries such as Japan, China and India are expected to drive growth of this market in APAC. Key Highlights: • Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Abrasion Resistant Coatings Market • The objective of the report is to provide a detailed analysis of the Abrasion Resistant Coatings Market on the basis of type, application, and geography • Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Analysis of the Abrasion Resistant Coatings Market with respect to individual growth trends, prospects, and contribution to the total market • Segment wise business performance detailed in report will be worthwhile for the organizations willing to enhance its business • Provides detailed information regarding the major factors influencing the growth of the Abrasion Resistant Coatings Market (drivers, restraints, opportunities, and challenges) • This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business Years that have been considered for the study are as follows: • Base Year – 2016 • Estimated Year – 2017 • Forecast Period – 2017 to 2026 For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered Research Methodology Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Abrasion Resistant Coatings Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Abrasion Resistant Coatings Market globally. Key Players in the Abrasion Resistant Coatings Market Are: • Jotun A/S • Saint-Gobain • Hempel A/S • The Sherwin-Williams Company • Sika AG • Hardide PLC • Praxair Surface Technologies, Inc. • PPG Industries • The Bodycote Group • Evonik Industries • Arkema Sa Key Target Audience: • Abrasion resistant coatings manufacturers • Traders, distributors, and abrasion resistant coatings suppliers • End-users/enterprise-users • Research institutes and organizations • Government bodies, venture capitalists, and private equity firms • Market research and consulting firms • Enterprise data center professionals Scope of the Abrasion Resistant Coatings Market report: Research report categorizes the Abrasion Resistant Coatings Market based on product type, application and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Abrasion Resistant Coatings Market with key developments in companies and market trends. Abrasion Resistant Coatings Market, By Type: • Metal/ Ceramic Based Coatings • Polymer Based Coatings Abrasion Resistant Coatings Market, By Application: • Industrial • Oil & Gas • Power Generation • Marine • Infrastructure • Transportation Abrasion Resistant Coatings Market, By Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America This Information is given by market research company ( Maximize Market Research Pvt Ltd )

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